SDM Education Group Holdings (HKSE:08363) Goodwill: HK$0.0 Mil (As of Sep. 2023)

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:08363 SDM Education Group Holdings Ltd HKSE:08363
4 GF Score
Price HK$0.09
View Full Analysis

What is SDM Education Group Holdings Goodwill?

SDM Education Group Holdings HKSE:08363 4 Goodwill is HK$0.0 Mil as of Sep. 2023. GuruFocus rates HKSE:08363 with a GF Score™ of 4/100.

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. SDM Education Group Holdings's goodwill for the quarter that ended in Sep. 2023 was HK$0.0 Mil.


SDM Education Group Holdings  (HKSE:08363) 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.

SDM Education Group Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=84.743/364.199
=0.23

SDM Education Group Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill-to-Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/0
=

* 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.


SDM Education Group Holdings Goodwill Related Terms


SDM Education Group Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for SDM Education 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.

SDM Education Group Holdings Goodwill Chart

SDM Education Group Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.28 83.58 99.06 99.71 84.74

SDM Education Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 84.74 0.00 84.45 0.00 84.26
HKSE:08363
4GF Score
SDM Education Group Holdings Ltd HKSE:08363
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SDM Education 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?
SDM Education Group Holdings (HKSE:08363) has a Goodwill of HK$0.0 Mil as of Sep. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on SDM Education Group Holdings and its competitors.
Is SDM Education Group Holdings' Goodwill too high?
SDM Education Group Holdings' current Goodwill is HK$0.0 Mil. Overall, SDM Education Group Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does SDM Education Group Holdings' Goodwill compare to AIU and EDU?
SDM Education Group Holdings' Goodwill of HK$0.0 Mil can be compared against companies in the Education 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 an Education company?
A good Goodwill depends on the Education 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 SDM Education Group Holdings and its competitors. SDM Education 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 SDM Education Group Holdings stock overvalued right now?
SDM Education Group Holdings (HKSE:08363) has a current Goodwill of HK$0.0 Mil. The current Goodwill is HK$0.0 Mil. SDM Education Group Holdings' overall GF Score™ is 4/100. 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 SDM Education Group Holdings (HKSE:08363), the current Goodwill is HK$0.0 Mil as of Sep. 2023. 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.

SDM Education Group Holdings Business Description

Address 61-63 King Yip Street, Room 202B, 2nd Floor, Liven House, Kwun Tong, Hong Kong, HKG
SDM Education Group Holdings Ltd is engaged in the business of jazz and ballet and pop dance academy in Hong Kong and childcare services in Singapore. The operating segments of the group are the Dance academy business which involves jazz and ballet and pop dance academy in Hong Kong and the PRC and the Early childhood education business involving the operation of kindergartens and pre-schools in Hong Kong and Singapore and the Others segment. Geographically, the group has a business presence in Hong Kong and Singapore, of which key revenue is derived from Hong Kong.
4GF Score

Get the complete analysis for HKSE:08363

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

HK$0.09
Price