New Gonow Recreational Vehicles (HKSE:00805) Goodwill: HK$3 Mil (As of Dec. 2025)

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HKSE:00805 New Gonow Recreational Vehicles Inc HKSE:00805
19 GF Score
Price HK$8.16
! 3 Warning Signs
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What is New Gonow Recreational Vehicles Goodwill?

New Gonow Recreational Vehicles HKSE:00805 +0.12% 19 Goodwill is HK$3 Mil as of Dec. 2025. GuruFocus rates HKSE:00805 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

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. New Gonow Recreational Vehicles's goodwill for the quarter that ended in Dec. 2025 was HK$3 Mil.


New Gonow Recreational Vehicles  (HKSE:00805) 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.

New Gonow Recreational Vehicles's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=2.868/941.865
=0.00

New Gonow Recreational Vehicles's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=2.868/941.865
=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.


New Gonow Recreational Vehicles Goodwill Related Terms


New Gonow Recreational Vehicles Goodwill Historical Data

* Premium members only.

The historical data trend for New Gonow Recreational Vehicles'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.

New Gonow Recreational Vehicles Goodwill Chart

New Gonow Recreational Vehicles Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
0.00 0.00 0.00 0.00 2.87

New Gonow Recreational Vehicles Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Goodwill Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 2.87 3.00
HKSE:00805
19GF Score
New Gonow Recreational Vehicles Inc HKSE:00805
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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New Gonow Recreational Vehicles 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of HK$3 Mil mean?
New Gonow Recreational Vehicles (HKSE:00805) has a Goodwill of HK$3 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on New Gonow Recreational Vehicles and its competitors.
Is New Gonow Recreational Vehicles' Goodwill too high?
New Gonow Recreational Vehicles' current Goodwill is HK$3 Mil. Overall, New Gonow Recreational Vehicles has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does New Gonow Recreational Vehicles' Goodwill compare to BC and THO?
New Gonow Recreational Vehicles' Goodwill of HK$3 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Vehicles & Parts company?
A good Goodwill depends on the Vehicles & Parts industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on New Gonow Recreational Vehicles and its competitors. New Gonow Recreational Vehicles's current Goodwill is HK$3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Gonow Recreational Vehicles stock overvalued right now?
New Gonow Recreational Vehicles (HKSE:00805) has a current Goodwill of HK$3 Mil. The current Goodwill is HK$3 Mil. New Gonow Recreational Vehicles' overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For New Gonow Recreational Vehicles (HKSE:00805), the current Goodwill is HK$3 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Gonow Recreational Vehicles Business Description

Address Tongren Road, Building 333, Tongxiang, Zhejiang Province, Jiaxing, CHN
New Gonow Recreational Vehicles Inc is a a recreational vehicle enterprise with an presence in Australasia that designs, develops, manufactures and sells bespoke towable RVs. It has nearly 49 RV models, which were all standard caravans, spanning eight distinct series under three characteristic brands, namely Snowy River, Regent and NEWGEN. The company has two geographical revenue: Australia and New Zealand. Australia generated key revenue for the company.
19GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$8.16
Price