EGing Photovoltaic Technology Co (SHSE:600537) Goodwill: ¥0 Mil (As of Mar. 2026)

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SHSE:600537 EGing Photovoltaic Technology Co Ltd SHSE:600537
27 GF Score
Price ¥2.40
GF Value ¥0.98
Valuation Significantly Overvalued
! 4 Warning Signs
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What is EGing Photovoltaic Technology Co Goodwill?

EGing Photovoltaic Technology Co SHSE:600537 -0.83% 27 Goodwill is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:600537 with a GF Score™ of 27/100 and a GF Value™ of ¥0.98 (Significantly Overvalued). The stock has 4 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. EGing Photovoltaic Technology Co's goodwill for the quarter that ended in Mar. 2026 was ¥0 Mil.


EGing Photovoltaic Technology Co  (SHSE:600537) 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.

EGing Photovoltaic Technology 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
=0/4428.419
=0.00

EGing Photovoltaic Technology Co's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/3957.066
=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.


EGing Photovoltaic Technology Co Goodwill Related Terms


EGing Photovoltaic Technology Co Goodwill Historical Data

* Premium members only.

The historical data trend for EGing Photovoltaic Technology 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.

EGing Photovoltaic Technology Co Goodwill Chart

EGing Photovoltaic Technology Co Annual Data
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EGing Photovoltaic Technology Co Quarterly Data
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SHSE:600537
27GF Score
EGing Photovoltaic Technology Co Ltd SHSE:600537
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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EGing Photovoltaic Technology 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 ¥0 Mil mean?
EGing Photovoltaic Technology Co (SHSE:600537) has a Goodwill of ¥0 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on EGing Photovoltaic Technology Co and its competitors.
Is EGing Photovoltaic Technology Co's Goodwill too high?
EGing Photovoltaic Technology Co's current Goodwill is ¥0 Mil. Overall, EGing Photovoltaic Technology Co has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EGing Photovoltaic Technology Co's Goodwill compare to FSLR and NXT?
EGing Photovoltaic Technology Co's Goodwill of ¥0 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Goodwill depends on the Semiconductors 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 EGing Photovoltaic Technology Co and its competitors. EGing Photovoltaic Technology Co'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 EGing Photovoltaic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, EGing Photovoltaic Technology Co (SHSE:600537) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.98, compared to a current price of ¥2.40 — trading 144.9% above its estimated fair value. The current Goodwill is ¥0 Mil. EGing Photovoltaic Technology Co's overall GF Score™ is 27/100 with 4 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 EGing Photovoltaic Technology Co (SHSE:600537), the current Goodwill is ¥0 Mil as of Mar. 2026. 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 EGing Photovoltaic Technology Co (SHSE:600537) Overvalued in 2026?

Based on GuruFocus' analysis, EGing Photovoltaic Technology Co stock appears to be overvalued. The current stock price of ¥2.40 is trading 144.9% above its estimated GF Value™ of ¥0.98. GuruFocus considers EGing Photovoltaic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600537:

  • Goodwill: ¥0 Mil
  • GF Value™: ¥0.98 vs. price of ¥2.40 (144.9% above fair value)
  • GF Score™: 27/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EGing Photovoltaic Technology Co Business Description

Address No.18 Jinwu Road, Jiangsu Province, Jintan District, Changzhou, CHN, 213213
EGing Photovoltaic Technology Co Ltd is engaged in the Ingot/silicon growth, silicon wafer processing, cell manufacturing, module packaging, photovoltaic power generation.
27GF Score

Get the complete analysis for SHSE:600537

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

¥2.40
Price
¥0.98
GF Value