Landrich Holding (HKSE:02132) Goodwill: HK$0 Mil (As of Sep. 2025)

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HKSE:02132 Landrich Holding Ltd HKSE:02132
68 GF Score
Price HK$0.16
GF Value HK$0.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Landrich Holding Goodwill?

Landrich Holding HKSE:02132 68 Goodwill is HK$0 Mil as of Sep. 2025. GuruFocus rates HKSE:02132 with a GF Score™ of 68/100 and a GF Value™ of HK$0.21 (Modestly Undervalued). The stock has 4 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. Landrich Holding's goodwill for the quarter that ended in Sep. 2025 was HK$0 Mil.


Landrich Holding  (HKSE:02132) 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.

Landrich Holding's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Goodwill-to-Asset (A: Mar. 2025 )=Goodwill/Total Assets
=0/670.473
=0.00

Landrich Holding's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2025 is calculated as

Goodwill-to-Asset (Q: Sep. 2025 )=Goodwill/Total Assets
=0/678.048
=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.


Landrich Holding Goodwill Related Terms


Landrich Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Landrich 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.

Landrich Holding Goodwill Chart

Landrich Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
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Landrich Holding Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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:02132
68GF Score
Landrich Holding Ltd HKSE:02132
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Landrich 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?
Landrich Holding (HKSE:02132) has a Goodwill of HK$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 Landrich Holding and its competitors.
Is Landrich Holding's Goodwill too high?
Landrich Holding's current Goodwill is HK$0 Mil. Overall, Landrich Holding has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Landrich Holding's Goodwill compare to PWR and FIX?
Landrich Holding's Goodwill of HK$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 Landrich Holding and its competitors. Landrich 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 Landrich Holding stock overvalued right now?
Based on GuruFocus' analysis, Landrich Holding (HKSE:02132) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.16 — trading 22.4% below its estimated fair value. The current Goodwill is HK$0 Mil. Landrich Holding's overall GF Score™ is 68/100 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 Landrich Holding (HKSE:02132), the current Goodwill is HK$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 Landrich Holding (HKSE:02132) Overvalued in 2026?

Based on GuruFocus' analysis, Landrich Holding stock appears to be undervalued. The current stock price of HK$0.16 is trading 22.4% below its estimated GF Value™ of HK$0.21. GuruFocus considers Landrich Holding to be Modestly Undervalued.

Key valuation signals for HKSE:02132:

  • Goodwill: HK$0 Mil
  • GF Value™: HK$0.21 vs. price of HK$0.16 (22.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landrich Holding Business Description

Address 362 Sha Tsui Road, Unit 6, 18th Floor, Fortune Commercial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.
68GF Score

Get the complete analysis for HKSE:02132

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

HK$0.16
Price
HK$0.21
GF Value