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Beijing Energy International Holding Co (HKSE:00686) Goodwill : HK$0 Mil (As of Jun. 2024)


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What is Beijing Energy International Holding Co Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Beijing Energy International Holding Co's goodwill for the quarter that ended in Jun. 2024 was HK$0 Mil.


Beijing Energy International Holding Co Goodwill Historical Data

The historical data trend for Beijing Energy International Holding Co's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beijing Energy International Holding Co Goodwill Chart

Beijing Energy International Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 126.12 331.66 324.85

Beijing Energy International Holding Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 331.66 - 324.85 -

Beijing Energy International Holding Co Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Beijing Energy International Holding Co  (HKSE:00686) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Beijing Energy International Holding Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=324.852/98479.476
=0.00

Beijing Energy International Holding Co's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/109594.28
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Beijing Energy International Holding Co Goodwill Related Terms

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Beijing Energy International Holding Co Business Description

Traded in Other Exchanges
Address
Shun Tak Centre, 168-200 Connaught Road Central, Unit 1012, 10th Floor, West Tower, Hong Kong, HKG
Beijing Energy International Holding Co Ltd is principally engaged in the development, investment, operation, and management of solar power plants and other renewable energy projects. It has three reportable segments which are the solar energy business the wind power business and the hydropower business. The majority of revenue is from the solar energy business. The company operates in the PRC, Australia, and Vietnam, out of which the maximum revenue is from the PRC.
Executives
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhao Shang Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Bosera Asset Management Co., Limited 2102 Investment manager
Hsbc Holdings Plc 2301 Trustee
Zhao Shang Xin Neng Yuan Ji Tuan You Xian Gong Si
China Merchants Group Limited 2201 Interest of corporation controlled by you
Snow Hill Developments Limited 2101 Beneficial owner
Sino Arena Investments Limited
Xin Neng Yuan Jiao Yi Suo You Xian Gong Si
Zeng Xiangyi
Magicgrand Group Limited
Pairing Venture Limited
Qing Dao Cheng Shi Jian She Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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