NDGPF (Nine Dragons Paper (Holdings)) Goodwill: $0 Mil (As of Dec. 2025)


NDGPF Nine Dragons Paper (Holdings) Ltd NDGPF
49 GF Score
Price $0.90
GF Value $0.71
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nine Dragons Paper (Holdings) Goodwill?

Nine Dragons Paper (Holdings) NDGPF 49 Goodwill is $0 Mil as of Dec. 2025. GuruFocus rates NDGPF with a GF Score™ of 49/100 and a GF Value™ of $0.71 (Modestly Overvalued). 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. Nine Dragons Paper (Holdings)'s goodwill for the quarter that ended in Dec. 2025 was $0 Mil.


Nine Dragons Paper (Holdings)  (OTCPK:NDGPF) 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.

Nine Dragons Paper (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
=21.601/20756.249
=0.00

Nine Dragons Paper (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
=0/21138.476
=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.


Nine Dragons Paper (Holdings) Goodwill Related Terms


Nine Dragons Paper (Holdings) Goodwill Historical Data

* Premium members only.

The historical data trend for Nine Dragons Paper (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.

Nine Dragons Paper (Holdings) Goodwill Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.83 23.17 21.66 21.38 21.60

Nine Dragons Paper (Holdings) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 21.38 0.00 21.60 0.00
NDGPF
49GF Score
Nine Dragons Paper (Holdings) Ltd NDGPF
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Nine Dragons Paper (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 $0 Mil mean?
Nine Dragons Paper (Holdings) (NDGPF) has a Goodwill of $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 Nine Dragons Paper (Holdings) and its competitors.
Is Nine Dragons Paper (Holdings)'s Goodwill too high?
Nine Dragons Paper (Holdings)'s current Goodwill is $0 Mil. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Goodwill compare to competitors?
Nine Dragons Paper (Holdings)'s Goodwill of $0 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Goodwill depends on the Forest Products 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 Nine Dragons Paper (Holdings) and its competitors. Nine Dragons Paper (Holdings)'s current Goodwill is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $0.90 — trading 26.8% above its estimated fair value. The current Goodwill is $0 Mil. Nine Dragons Paper (Holdings)'s overall GF Score™ is 49/100 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 Nine Dragons Paper (Holdings) (NDGPF), the current Goodwill is $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 Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued. The current stock price of $0.90 is trading 26.8% above its estimated GF Value™ of $0.71. GuruFocus considers Nine Dragons Paper (Holdings) to be Modestly Overvalued.

Key valuation signals for NDGPF:

  • Goodwill: $0 Mil
  • GF Value™: $0.71 vs. price of $0.90 (26.8% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Nine Dragons Paper (Holdings) Business Description

Other Exchanges NDGPY:USA02689:Hong Kong
Address No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
49GF Score

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

$0.90
Price
$0.71
GF Value