Shanxi Installation Group Co (HKSE:02520) Goodwill: HK$12 Mil (As of Dec. 2025)

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HKSE:02520 Shanxi Installation Group Co Ltd HKSE:02520
30 GF Score
Price HK$2.30
! 12 Warning Signs
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What is Shanxi Installation Group Co Goodwill?

Shanxi Installation Group Co HKSE:02520 30 Goodwill is HK$12 Mil as of Dec. 2025. GuruFocus rates HKSE:02520 with a GF Score™ of 30/100. The stock has 12 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. Shanxi Installation Group Co's goodwill for the quarter that ended in Dec. 2025 was HK$12 Mil.


Shanxi Installation Group Co  (HKSE:02520) 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.

Shanxi Installation 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
=12.301/28747.407
=0.00

Shanxi Installation 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
=12.301/28747.407
=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.


Shanxi Installation Group Co Goodwill Related Terms


Shanxi Installation Group Co Goodwill Historical Data

* Premium members only.

The historical data trend for Shanxi Installation 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.

Shanxi Installation Group Co Goodwill Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial 18.37 16.75 16.41 16.02 12.30

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.41 16.15 16.02 16.40 12.30
HKSE:02520
30GF Score
Shanxi Installation Group Co Ltd HKSE:02520
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Installation 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$12 Mil mean?
Shanxi Installation Group Co (HKSE:02520) has a Goodwill of HK$12 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 Shanxi Installation Group Co and its competitors.
Is Shanxi Installation Group Co's Goodwill too high?
Shanxi Installation Group Co's current Goodwill is HK$12 Mil. Overall, Shanxi Installation Group Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Shanxi Installation Group Co's Goodwill compare to PWR and FIX?
Shanxi Installation Group Co's Goodwill of HK$12 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 Shanxi Installation Group Co and its competitors. Shanxi Installation Group Co's current Goodwill is HK$12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Installation Group Co stock overvalued right now?
Shanxi Installation Group Co (HKSE:02520) has a current Goodwill of HK$12 Mil. The current Goodwill is HK$12 Mil. Shanxi Installation Group Co's overall GF Score™ is 30/100 with 12 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 Shanxi Installation Group Co (HKSE:02520), the current Goodwill is HK$12 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.

Shanxi Installation Group Co Business Description

Address No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. The company generates the majority of its revenue from specialized industrial construction. The company offers range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance. The company has two segments the construction contracting segment and the non-construction segment.
30GF Score

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HK$2.30
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