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. Guotai Haitong Securities Co's goodwill for the quarter that ended in Mar. 2026 was ¥4,052 Mil.
Guotai Haitong Securities Co (SHSE:601211) 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.
Guotai Haitong Securities Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Guotai Haitong Securities Co Goodwill Related Terms
Guotai Haitong Securities Co Goodwill Historical Data
* 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.
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.
Guotai Haitong Securities Co (SHSE:601211) has a Goodwill of ¥4,052 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 Guotai Haitong Securities Co and its competitors.
Is Guotai Haitong Securities Co's Goodwill too high?
Guotai Haitong Securities Co's current Goodwill is ¥4,052 Mil. Overall, Guotai Haitong Securities Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guotai Haitong Securities Co's Goodwill compare to MS and GS?
Guotai Haitong Securities Co's Goodwill of ¥4,052 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill depends on the Capital Markets 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 Guotai Haitong Securities Co and its competitors. Guotai Haitong Securities Co's current Goodwill is ¥4,052 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guotai Haitong Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Guotai Haitong Securities Co (SHSE:601211) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.11, compared to a current price of ¥19.80 — trading 9.3% above its estimated fair value. The current Goodwill is ¥4,052 Mil. Guotai Haitong Securities Co's overall GF Score™ is 52/100 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 Guotai Haitong Securities Co (SHSE:601211), the current Goodwill is ¥4,052 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 Guotai Haitong Securities Co (SHSE:601211) Overvalued in 2026?
Based on GuruFocus' analysis, Guotai Haitong Securities Co stock appears to be overvalued.
The current stock price of ¥19.80 is trading 9.3% above its estimated GF Value™ of ¥18.11.
GuruFocus considers Guotai Haitong Securities Co to be Fairly Valued.
Key valuation signals for SHSE:601211:
Goodwill: ¥4,052 Mil
GF Value™: ¥18.11 vs. price of ¥19.80 (9.3% above fair value)
No single metric tells the full story. See the SHSE:601211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guotai Haitong Securities Co Ltd provides financial services across wealth management, investment banking, institutional trading, investment management, and finance lease segments. Its wealth management business offers brokerage, advisory, margin financing, and securities lending services, while investment banking includes underwriting and M&A advisory. The institutional trading segment, the highest revenue contributor, covers institutional services, trading, and investment activities across multiple asset classes. The Group also provides asset and fund management and finance leasing solutions. It generates revenue mainly from fees, commissions, interest income, and investment gains. The company generates the majority of its revenue from Mainland China.
52GF Score
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