NVC International Holdings (HKSE:02222) Goodwill: HK$234 Mil (As of Dec. 2025)

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HKSE:02222 NVC International Holdings Ltd HKSE:02222
43 GF Score
Price HK$0.62
GF Value HK$0.67
Valuation Fairly Valued
! 3 Warning Signs
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What is NVC International Holdings Goodwill?

NVC International Holdings HKSE:02222 +2.48% 43 Goodwill is HK$234 Mil as of Dec. 2025. GuruFocus rates HKSE:02222 with a GF Score™ of 43/100 and a GF Value™ of HK$0.67 (Fairly Valued). The stock has 3 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. NVC International Holdings's goodwill for the quarter that ended in Dec. 2025 was HK$234 Mil.


NVC International Holdings  (HKSE:02222) 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.

NVC International Holdings'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
=234/4619.834
=0.05

NVC International Holdings'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
=234/4619.834
=0.05

* 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.


NVC International Holdings Goodwill Related Terms


NVC International Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for NVC International 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.

NVC International Holdings Goodwill Chart

NVC International Holdings 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 258.58 236.30 233.08 228.59 234.00

NVC International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 233.08 237.80 228.59 231.76 234.00
HKSE:02222
43GF Score
NVC International Holdings Ltd HKSE:02222
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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NVC International 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of HK$234 Mil mean?
NVC International Holdings (HKSE:02222) has a Goodwill of HK$234 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 NVC International Holdings and its competitors.
Is NVC International Holdings' Goodwill too high?
NVC International Holdings' current Goodwill is HK$234 Mil. Overall, NVC International Holdings has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NVC International Holdings' Goodwill compare to SN and SGI?
NVC International Holdings' Goodwill of HK$234 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Goodwill depends on the Furnishings, Fixtures & Appliances 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 NVC International Holdings and its competitors. NVC International Holdings's current Goodwill is HK$234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVC International Holdings stock overvalued right now?
Based on GuruFocus' analysis, NVC International Holdings (HKSE:02222) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.67, compared to a current price of HK$0.62 — trading 7.5% below its estimated fair value. The current Goodwill is HK$234 Mil. NVC International Holdings' overall GF Score™ is 43/100 with 3 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 NVC International Holdings (HKSE:02222), the current Goodwill is HK$234 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 NVC International Holdings (HKSE:02222) Overvalued in 2026?

Based on GuruFocus' analysis, NVC International Holdings stock appears to be undervalued. The current stock price of HK$0.62 is trading 7.5% below its estimated GF Value™ of HK$0.67. GuruFocus considers NVC International Holdings to be Fairly Valued.

Key valuation signals for HKSE:02222:

  • Goodwill: HK$234 Mil
  • GF Value™: HK$0.67 vs. price of HK$0.62 (7.5% below fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NVC International Holdings Business Description

Address Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG
NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes International NVC brand: sales of NVC branded lighting products outside the PRC, Domestic non-NVC brand: domestic sales of non-NVC branded lighting products in the PRC and International non-NVC brand: sales of non-NVC branded lighting products outside the PRC. Its brands are NVC Lighting, ETI Solid State Lighting INC, Dernier & Hamlyn, DH Lifelabs, and NVC Electric. The majority of the revenue of the company is generated from the United States.
43GF Score

Get the complete analysis for HKSE:02222

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

HK$0.62
Price
HK$0.67
GF Value