Dowell Service Group Co (HKSE:02352) Goodwill: HK$234 Mil (As of Dec. 2025)

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HKSE:02352 Dowell Service Group Co Ltd HKSE:02352
70 GF Score
Price HK$3.80
GF Value HK$7.07
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dowell Service Group Co Goodwill?

Dowell Service Group Co HKSE:02352 70 Goodwill is HK$234 Mil as of Dec. 2025. GuruFocus rates HKSE:02352 with a GF Score™ of 70/100 and a GF Value™ of HK$7.07 (Possible Value Trap). The stock has 6 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. Dowell Service Group Co's goodwill for the quarter that ended in Dec. 2025 was HK$234 Mil.


Dowell Service Group Co  (HKSE:02352) 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.

Dowell Service Group Co'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
=234.277/1680.002
=0.14

Dowell Service Group Co'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
=234.277/1680.002
=0.14

* 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.


Dowell Service Group Co Goodwill Related Terms


Dowell Service Group Co Goodwill Historical Data

* Premium members only.

The historical data trend for Dowell Service Group 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.

Dowell Service Group Co Goodwill Chart

Dowell Service Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial 93.95 210.96 231.96 226.42 234.28

Dowell Service Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 228.30 226.42 231.80 234.28 245.30
HKSE:02352
70GF Score
Dowell Service Group Co Ltd HKSE:02352
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Dowell Service Group 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$234 Mil mean?
Dowell Service Group Co (HKSE:02352) 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 Dowell Service Group Co and its competitors.
Is Dowell Service Group Co's Goodwill too high?
Dowell Service Group Co's current Goodwill is HK$234 Mil. Overall, Dowell Service Group Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dowell Service Group Co's Goodwill compare to CBRE and BEKE?
Dowell Service Group Co's Goodwill of HK$234 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Goodwill depends on the Real Estate 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 Dowell Service Group Co and its competitors. Dowell Service Group Co'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 Dowell Service Group Co stock overvalued right now?
Based on GuruFocus' analysis, Dowell Service Group Co (HKSE:02352) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.07, compared to a current price of HK$3.80 — trading 46.3% below its estimated fair value. The current Goodwill is HK$234 Mil. Dowell Service Group Co's overall GF Score™ is 70/100 with 6 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 Dowell Service Group Co (HKSE:02352), 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 Dowell Service Group Co (HKSE:02352) Overvalued in 2026?

Based on GuruFocus' analysis, Dowell Service Group Co stock appears to be undervalued. The current stock price of HK$3.80 is trading 46.3% below its estimated GF Value™ of HK$7.07. GuruFocus considers Dowell Service Group Co to be Possible Value Trap.

Key valuation signals for HKSE:02352:

  • Goodwill: HK$234 Mil
  • GF Value™: HK$7.07 vs. price of HK$3.80 (46.3% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dowell Service Group Co Business Description

Address No. 108 Baihe Road, Room 206, Commercial Building B1 Floor, Nanping Town, Nan’an District, Chongqing, CHN, 400000
Dowell Service Group Co Ltd is an investment holding. The company, along with its subsidiaries, is engaged in the provision of property management services and related value-added services in the PRC. The company has six business formats: urban integrated services, residential integrated services, international customized services, medical and health services, community value-added services, and multi-format services. It provides diversified services through four main business lines: City Operations Services, Lifestyle Services, Comprehensive Health Services, and Other Comprehensive Services. The company's revenue was principally derived from City Operations Services in the PRC.
70GF Score

Get the complete analysis for HKSE:02352

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

HK$3.80
Price
HK$7.07
GF Value