Mulsanne Group Holding (HKSE:01817) Goodwill: HK$0 Mil (As of Dec. 2025)

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HKSE:01817 Mulsanne Group Holding Ltd HKSE:01817
45 GF Score
Price HK$0.29
GF Value HK$0.55
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mulsanne Group Holding Goodwill?

Mulsanne Group Holding HKSE:01817 -1.72% 45 Goodwill is HK$0 Mil as of Dec. 2025. GuruFocus rates HKSE:01817 with a GF Score™ of 45/100 and a GF Value™ of HK$0.55 (Possible Value Trap). 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. Mulsanne Group Holding's goodwill for the quarter that ended in Dec. 2025 was HK$0 Mil.


Mulsanne Group Holding  (HKSE:01817) 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.

Mulsanne Group 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
=0/2156.233
=0.00

Mulsanne Group Holding'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
=0/2156.233
=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.


Mulsanne Group Holding Goodwill Related Terms


Mulsanne Group Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Mulsanne Group 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.

Mulsanne Group Holding Goodwill Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
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Mulsanne Group Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00
HKSE:01817
45GF Score
Mulsanne Group Holding Ltd HKSE:01817
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulsanne Group 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$0 Mil mean?
Mulsanne Group Holding (HKSE:01817) has a Goodwill of HK$0 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 Mulsanne Group Holding and its competitors.
Is Mulsanne Group Holding's Goodwill too high?
Mulsanne Group Holding's current Goodwill is HK$0 Mil. Overall, Mulsanne Group Holding has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulsanne Group Holding's Goodwill compare to TJX and ROST?
Mulsanne Group Holding's Goodwill of HK$0 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill depends on the Retail - Cyclical 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 Mulsanne Group Holding and its competitors. Mulsanne Group Holding's current Goodwill is HK$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulsanne Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Mulsanne Group Holding (HKSE:01817) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.29 — trading 48.2% below its estimated fair value. The current Goodwill is HK$0 Mil. Mulsanne Group Holding's overall GF Score™ is 45/100 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 Mulsanne Group Holding (HKSE:01817), the current Goodwill is HK$0 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.

Is Mulsanne Group Holding (HKSE:01817) Overvalued in 2026?

Based on GuruFocus' analysis, Mulsanne Group Holding stock appears to be undervalued. The current stock price of HK$0.29 is trading 48.2% below its estimated GF Value™ of HK$0.55. GuruFocus considers Mulsanne Group Holding to be Possible Value Trap.

Key valuation signals for HKSE:01817:

  • Goodwill: HK$0 Mil
  • GF Value™: HK$0.55 vs. price of HK$0.29 (48.2% below fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulsanne Group Holding Business Description

Address No. 628, Jinyuan Road, Yinzhou District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Chinese mainland.
45GF Score

Get the complete analysis for HKSE:01817

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

HK$0.29
Price
HK$0.55
GF Value