Be Friends Holding (HKSE:01450) Goodwill: HK$242 Mil (As of Jun. 2026)

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HKSE:01450 Be Friends Holding Ltd HKSE:01450
67 GF Score
Price HK$0.80
GF Value HK$2.28
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Be Friends Holding Goodwill?

Be Friends Holding HKSE:01450 -1.23% 67 Goodwill is HK$242 Mil as of Jun. 2026. GuruFocus rates HKSE:01450 with a GF Score™ of 67/100 and a GF Value™ of HK$2.28 (Significantly Undervalued). The stock has 2 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. Be Friends Holding's goodwill for the quarter that ended in Jun. 2026 was HK$242 Mil.


Be Friends Holding  (HKSE:01450) 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.

Be Friends Holding'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
=231.47/1044.914
=0.22

Be Friends Holding's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill-to-Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=242.364/1251.612
=0.19

* 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.


Be Friends Holding Goodwill Related Terms


Be Friends Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Be Friends Holding'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.

Be Friends Holding Goodwill Chart

Be Friends Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 87.63 85.53 231.47

Be Friends Holding Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 86.24 85.53 87.57 231.47 242.36
HKSE:01450
67GF Score
Be Friends Holding Ltd HKSE:01450
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Be Friends Holding 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$242 Mil mean?
Be Friends Holding (HKSE:01450) has a Goodwill of HK$242 Mil as of Jun. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Be Friends Holding and its competitors.
Is Be Friends Holding's Goodwill too high?
Be Friends Holding's current Goodwill is HK$242 Mil. Overall, Be Friends Holding has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Be Friends Holding's Goodwill compare to QH and SHOP?
Be Friends Holding's Goodwill of HK$242 Mil can be compared against companies in the Software 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 Software company?
A good Goodwill depends on the Software 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 Be Friends Holding and its competitors. Be Friends Holding's current Goodwill is HK$242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Be Friends Holding stock overvalued right now?
Based on GuruFocus' analysis, Be Friends Holding (HKSE:01450) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$0.80 — trading 64.9% below its estimated fair value. The current Goodwill is HK$242 Mil. Be Friends Holding's overall GF Score™ is 67/100 with 2 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 Be Friends Holding (HKSE:01450), the current Goodwill is HK$242 Mil as of Jun. 2026. 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 Be Friends Holding (HKSE:01450) Overvalued in 2026?

Based on GuruFocus' analysis, Be Friends Holding stock appears to be undervalued. The current stock price of HK$0.80 is trading 64.9% below its estimated GF Value™ of HK$2.28. GuruFocus considers Be Friends Holding to be Significantly Undervalued.

Key valuation signals for HKSE:01450:

  • Goodwill: HK$242 Mil
  • GF Value™: HK$2.28 vs. price of HK$0.80 (64.9% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Be Friends Holding Business Description

Address No. 601 Qiuyi Road Changhe Street, Building 5, (Zhejiang) Pilot Free Trade Zone, Binjiang District, Hangzhou, CHN, 310056
Be Friends Holding Ltd is engaged in the provision of new media services, application solutions, sales of self-developed products, and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New Media Services.
67GF Score

Get the complete analysis for HKSE:01450

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

HK$0.80
Price
HK$2.28
GF Value