GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kaisa Prosperity Holdings Ltd (HKSE:02168) » Definitions » Goodwill

Kaisa Prosperity Holdings (HKSE:02168) Goodwill : HK$173 Mil (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Kaisa Prosperity Holdings Goodwill?

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. Kaisa Prosperity Holdings's goodwill for the quarter that ended in Jun. 2024 was HK$173 Mil.


Kaisa Prosperity Holdings Goodwill Historical Data

The historical data trend for Kaisa Prosperity Holdings'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.

* Premium members only.

Kaisa Prosperity Holdings Goodwill Chart

Kaisa Prosperity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.69 196.93 179.60 175.91 145.68

Kaisa Prosperity Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 179.60 175.91 175.91 173.14 145.68

Kaisa Prosperity Holdings 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.


Kaisa Prosperity Holdings  (HKSE:02168) 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.

Kaisa Prosperity Holdings'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
=175.91/2000.255
=0.09

Kaisa Prosperity Holdings'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
=173.138/1990.181
=0.09

* 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.


Kaisa Prosperity Holdings Goodwill Related Terms

Thank you for viewing the detailed overview of Kaisa Prosperity Holdings's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaisa Prosperity Holdings Business Description

Traded in Other Exchanges
N/A
Address
66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN, 518002
Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments namely, property management services, predelivery and consulting services, community value-added services and smart solution services, form an integrated service spectrum encompassing the upstream and downstream segments and covering the entire value chain of property management. Its revenue mainly comprises of proceeds from provision of property management services, pre-delivery and consulting services, community value-added services and smart solution services.
Executives
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Paramount Access Investments Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2106 Person having a security interest in shares
Ye Chang Investment Company Limited 2101 Beneficial owner
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you

Kaisa Prosperity Holdings Headlines

No Headlines