Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Goodwill: HK$0.00 Mil (As of Jun. 2024)

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HKSE:01915 Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd HKSE:01915
4 GF Score
Price HK$0.27
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What is Yangzhou Guangling District Taihe Rural Micro-finance Co Goodwill?

Yangzhou Guangling District Taihe Rural Micro-finance Co HKSE:01915 4 Goodwill is HK$0.00 Mil as of Jun. 2024. GuruFocus rates HKSE:01915 with a GF Score™ of 4/100.

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. Yangzhou Guangling District Taihe Rural Micro-finance Co's goodwill for the quarter that ended in Jun. 2024 was HK$0.00 Mil.


Yangzhou Guangling District Taihe Rural Micro-finance Co  (HKSE:01915) 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.

Yangzhou Guangling District Taihe Rural Micro-finance 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
=0/970.092
=0.00

Yangzhou Guangling District Taihe Rural Micro-finance 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
=0/949.791
=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.


Yangzhou Guangling District Taihe Rural Micro-finance Co Goodwill Related Terms


Yangzhou Guangling District Taihe Rural Micro-finance Co Goodwill Historical Data

* Premium members only.

The historical data trend for Yangzhou Guangling District Taihe Rural Micro-finance 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Goodwill Chart

Yangzhou Guangling District Taihe Rural Micro-finance 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 0.00 0.00 2.52 2.30 0.00

Yangzhou Guangling District Taihe Rural Micro-finance Co Semi-Annual Data
Dec14 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 2.41 2.30 0.00 0.00 0.00
HKSE:01915
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Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd HKSE:01915
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Yangzhou Guangling District Taihe Rural Micro-finance 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of HK$0.00 Mil mean?
Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) has a Goodwill of HK$0.00 Mil as of Jun. 2024. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Yangzhou Guangling District Taihe Rural Micro-finance Co and its competitors.
Is Yangzhou Guangling District Taihe Rural Micro-finance Co's Goodwill too high?
Yangzhou Guangling District Taihe Rural Micro-finance Co's current Goodwill is HK$0.00 Mil. Overall, Yangzhou Guangling District Taihe Rural Micro-finance Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yangzhou Guangling District Taihe Rural Micro-finance Co's Goodwill compare to V and MA?
Yangzhou Guangling District Taihe Rural Micro-finance Co's Goodwill of HK$0.00 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Goodwill depends on the Credit Services 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 Yangzhou Guangling District Taihe Rural Micro-finance Co and its competitors. Yangzhou Guangling District Taihe Rural Micro-finance Co's current Goodwill is HK$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzhou Guangling District Taihe Rural Micro-finance Co stock overvalued right now?
Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) has a current Goodwill of HK$0.00 Mil. The current Goodwill is HK$0.00 Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's overall GF Score™ is 4/100. 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 Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915), the current Goodwill is HK$0.00 Mil as of Jun. 2024. 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Business Description

Address Beizhou Road, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN
Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in the microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas, and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located in Yangzhou, Jiangsu Province in the PRC.
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