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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. Grand Ming Group Holdings's goodwill for the quarter that ended in Sep. 2025 was HK$0.0 Mil.
Grand Ming Group Holdings (HKSE:01271) 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.
Grand Ming Group Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Grand Ming Group Holdings Goodwill Related Terms
Grand Ming Group Holdings Goodwill Historical Data
* 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.
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.
Grand Ming Group Holdings (HKSE:01271) has a Goodwill of HK$0.0 Mil as of Sep. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Grand Ming Group Holdings and its competitors.
Is Grand Ming Group Holdings' Goodwill too high?
Grand Ming Group Holdings' current Goodwill is HK$0.0 Mil. Overall, Grand Ming Group Holdings has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Ming Group Holdings' Goodwill compare to PWR and FIX?
Grand Ming Group Holdings' Goodwill of HK$0.0 Mil can be compared against companies in the Construction 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 Construction company?
A good Goodwill depends on the Construction 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 Grand Ming Group Holdings and its competitors. Grand Ming Group Holdings's current Goodwill is HK$0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Ming Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grand Ming Group Holdings (HKSE:01271) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.50, compared to a current price of HK$0.24 — trading 84.1% below its estimated fair value. The current Goodwill is HK$0.0 Mil. Grand Ming Group Holdings' overall GF Score™ is 46/100 with 4 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 Grand Ming Group Holdings (HKSE:01271), the current Goodwill is HK$0.0 Mil as of Sep. 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.
Is Grand Ming Group Holdings (HKSE:01271) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Ming Group Holdings stock appears to be undervalued.
The current stock price of HK$0.24 is trading 84.1% below its estimated GF Value™ of HK$1.50.
GuruFocus considers Grand Ming Group Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:01271:
Goodwill: HK$0.0 Mil
GF Value™: HK$1.50 vs. price of HK$0.24 (84.1% below fair value)
No single metric tells the full story. See the HKSE:01271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.
46GF Score
Get the complete analysis for HKSE:01271
Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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