Harbin Hatou Investment Co (SHSE:600864) Goodwill: ¥4 Mil (As of Jun. 2026)

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SHSE:600864 Harbin Hatou Investment Co Ltd SHSE:600864
58 GF Score
Price ¥5.73
GF Value ¥6.81
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Harbin Hatou Investment Co Goodwill?

Harbin Hatou Investment Co SHSE:600864 +0.35% 58 Goodwill is ¥4 Mil as of Jun. 2026. GuruFocus rates SHSE:600864 with a GF Score™ of 58/100 and a GF Value™ of ¥6.81 (Modestly Undervalued). 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. Harbin Hatou Investment Co's goodwill for the quarter that ended in Jun. 2026 was ¥4 Mil.


Harbin Hatou Investment Co  (SHSE:600864) 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.

Harbin Hatou Investment 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
=4.312/40509.726
=0.00

Harbin Hatou Investment Co's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill-to-Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=4.312/43939.286
=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.


Harbin Hatou Investment Co Goodwill Related Terms


Harbin Hatou Investment Co Goodwill Historical Data

* Premium members only.

The historical data trend for Harbin Hatou Investment 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.

Harbin Hatou Investment Co Goodwill Chart

Harbin Hatou Investment Co 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 4.31 4.31 4.31 4.31 4.31

Harbin Hatou Investment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 4.31 4.31 4.31 4.31 4.31
SHSE:600864
58GF Score
Harbin Hatou Investment Co Ltd SHSE:600864
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbin Hatou Investment 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 ¥4 Mil mean?
Harbin Hatou Investment Co (SHSE:600864) has a Goodwill of ¥4 Mil as of Jun. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Harbin Hatou Investment Co and its competitors.
Is Harbin Hatou Investment Co's Goodwill too high?
Harbin Hatou Investment Co's current Goodwill is ¥4 Mil. Overall, Harbin Hatou Investment Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Hatou Investment Co's Goodwill compare to NEE and SO?
Harbin Hatou Investment Co's Goodwill of ¥4 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Goodwill depends on the Utilities - Regulated 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 Harbin Hatou Investment Co and its competitors. Harbin Hatou Investment Co's current Goodwill is ¥4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Hatou Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Hatou Investment Co (SHSE:600864) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.81, compared to a current price of ¥5.73 — trading 15.9% below its estimated fair value. The current Goodwill is ¥4 Mil. Harbin Hatou Investment Co's overall GF Score™ is 58/100 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 Harbin Hatou Investment Co (SHSE:600864), the current Goodwill is ¥4 Mil as of Jun. 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 Harbin Hatou Investment Co (SHSE:600864) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Hatou Investment Co stock appears to be undervalued. The current stock price of ¥5.73 is trading 15.9% below its estimated GF Value™ of ¥6.81. GuruFocus considers Harbin Hatou Investment Co to be Modestly Undervalued.

Key valuation signals for SHSE:600864:

  • Goodwill: ¥4 Mil
  • GF Value™: ¥6.81 vs. price of ¥5.73 (15.9% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbin Hatou Investment Co Business Description

Address No.27, Longshun Street, Kunlun Mall, Nangang District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Hatou Investment Co Ltd is engaged in the generation and supply of heat and electric power using coal. The Company is also engaged in forest harvesting, timber distribution and real estate development.
58GF Score

Get the complete analysis for SHSE:600864

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

¥5.73
Price
¥6.81
GF Value