China Weaving Materials Holdings (HKSE:03778) Goodwill: HK$23 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:03778 China Weaving Materials Holdings Ltd HKSE:03778
68 GF Score
Price HK$2.85
GF Value HK$3.09
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is China Weaving Materials Holdings Goodwill?

China Weaving Materials Holdings HKSE:03778 -0.70% 68 Goodwill is HK$23 Mil as of Dec. 2025. GuruFocus rates HKSE:03778 with a GF Score™ of 68/100 and a GF Value™ of HK$3.09 (Fairly Valued). 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. China Weaving Materials Holdings's goodwill for the quarter that ended in Dec. 2025 was HK$23 Mil.


China Weaving Materials Holdings  (HKSE:03778) 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.

China Weaving Materials 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
=22.776/1499.635
=0.02

China Weaving Materials 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
=22.776/1499.635
=0.02

* 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.


China Weaving Materials Holdings Goodwill Related Terms


China Weaving Materials Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for China Weaving Materials 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.

China Weaving Materials Holdings Goodwill Chart

China Weaving Materials 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 25.25 23.02 22.55 22.01 22.78

China Weaving Materials Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.20 22.01 22.54 22.78 23.85
HKSE:03778
68GF Score
China Weaving Materials Holdings Ltd HKSE:03778
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Weaving Materials 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$23 Mil mean?
China Weaving Materials Holdings (HKSE:03778) has a Goodwill of HK$23 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 China Weaving Materials Holdings and its competitors.
Is China Weaving Materials Holdings' Goodwill too high?
China Weaving Materials Holdings' current Goodwill is HK$23 Mil. Overall, China Weaving Materials Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Weaving Materials Holdings' Goodwill compare to competitors?
China Weaving Materials Holdings' Goodwill of HK$23 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Goodwill depends on the Manufacturing - Apparel & Accessories 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 China Weaving Materials Holdings and its competitors. China Weaving Materials Holdings's current Goodwill is HK$23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Weaving Materials Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Weaving Materials Holdings (HKSE:03778) is currently considered Fairly Valued. The stock's GF Value™ is HK$3.09, compared to a current price of HK$2.85 — trading 7.8% below its estimated fair value. The current Goodwill is HK$23 Mil. China Weaving Materials 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 China Weaving Materials Holdings (HKSE:03778), the current Goodwill is HK$23 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 China Weaving Materials Holdings (HKSE:03778) Overvalued in 2026?

Based on GuruFocus' analysis, China Weaving Materials Holdings stock appears to be undervalued. The current stock price of HK$2.85 is trading 7.8% below its estimated GF Value™ of HK$3.09. GuruFocus considers China Weaving Materials Holdings to be Fairly Valued.

Key valuation signals for HKSE:03778:

  • Goodwill: HK$23 Mil
  • GF Value™: HK$3.09 vs. price of HK$2.85 (7.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the HKSE:03778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Weaving Materials Holdings Business Description

Address 888 Lai Chi Kok Road, Unit B5, 22nd floor, NCB Innovation Centre, Kowloon, HKG
China Weaving Materials Holdings Ltd is an investment holding company. It is principally engaged in the business of manufacturing and trading of yarns products and related raw materials. The company has one reportable segment named Yarns, which is engaged in manufacturing and trading. Geographically, the company derives revenue from the PRC. The products of the company are: Cotton yarn; Polyester Yarn; and Polyester-cotton blended Yarn.
68GF Score

Get the complete analysis for HKSE:03778

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

HK$2.85
Price
HK$3.09
GF Value