Easy Smart Group Holdings (HKSE:02442) Goodwill: HK$0.0 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02442 Easy Smart Group Holdings Ltd HKSE:02442
68 GF Score
Price HK$66.55
GF Value HK$1.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Easy Smart Group Holdings Goodwill?

Easy Smart Group Holdings HKSE:02442 -0.45% 68 Goodwill is HK$0.0 Mil as of Dec. 2025. GuruFocus rates HKSE:02442 with a GF Score™ of 68/100 and a GF Value™ of HK$1.09 (Significantly Overvalued). The stock has 7 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. Easy Smart Group Holdings's goodwill for the quarter that ended in Dec. 2025 was HK$0.0 Mil.


Easy Smart Group Holdings  (HKSE:02442) 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.

Easy Smart Group Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (A: Jun. 2025 )=Goodwill/Total Assets
=0/237.343
=0.00

Easy Smart Group 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
=0/226.411
=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.


Easy Smart Group Holdings Goodwill Related Terms


Easy Smart Group Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Easy Smart Group 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.

Easy Smart Group Holdings Goodwill Chart

Easy Smart Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Easy Smart Group Holdings Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HKSE:02442
68GF Score
Easy Smart Group Holdings Ltd HKSE:02442
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Easy Smart Group 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$0.0 Mil mean?
Easy Smart Group Holdings (HKSE:02442) has a Goodwill of HK$0.0 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 Easy Smart Group Holdings and its competitors.
Is Easy Smart Group Holdings' Goodwill too high?
Easy Smart Group Holdings' current Goodwill is HK$0.0 Mil. Overall, Easy Smart Group Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Smart Group Holdings' Goodwill compare to ALLE and MSA?
Easy Smart Group Holdings' Goodwill of HK$0.0 Mil can be compared against companies in the Business 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 Business Services company?
A good Goodwill depends on the Business 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 Easy Smart Group Holdings and its competitors. Easy Smart Group Holdings's current Goodwill is HK$0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easy Smart Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Easy Smart Group Holdings (HKSE:02442) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.09, compared to a current price of HK$66.55 — trading 6005.5% above its estimated fair value. The current Goodwill is HK$0.0 Mil. Easy Smart Group Holdings' overall GF Score™ is 68/100 with 7 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 Easy Smart Group Holdings (HKSE:02442), the current Goodwill is HK$0.0 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 Easy Smart Group Holdings (HKSE:02442) Overvalued in 2026?

Based on GuruFocus' analysis, Easy Smart Group Holdings stock appears to be overvalued. The current stock price of HK$66.55 is trading 6005.5% above its estimated GF Value™ of HK$1.09. GuruFocus considers Easy Smart Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02442:

  • Goodwill: HK$0.0 Mil
  • GF Value™: HK$1.09 vs. price of HK$66.55 (6005.5% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Easy Smart Group Holdings Business Description

Address Nos. 167-175 Wo Yi Hop Road, Unit G, 7th Floor, Kingsway Industrial Building, Phase II, Kwai Chung, New Territories, Hong Kong, HKG
Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services. The company generates key revenue from Public sector projects.
68GF Score

Get the complete analysis for HKSE:02442

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

HK$66.55
Price
HK$1.09
GF Value