Baiyin Nonferrous Group Co (SHSE:601212) Goodwill: ¥803 Mil (As of Mar. 2026)

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.

SHSE:601212 Baiyin Nonferrous Group Co Ltd SHSE:601212
67 GF Score
Price ¥4.47
GF Value ¥2.91
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Baiyin Nonferrous Group Co Goodwill?

Baiyin Nonferrous Group Co SHSE:601212 -5.50% 67 Goodwill is ¥803 Mil as of Mar. 2026. GuruFocus rates SHSE:601212 with a GF Score™ of 67/100 and a GF Value™ of ¥2.91 (Significantly 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. Baiyin Nonferrous Group Co's goodwill for the quarter that ended in Mar. 2026 was ¥803 Mil.


Baiyin Nonferrous Group Co  (SHSE:601212) 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.

Baiyin Nonferrous Group 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
=816.707/56260.058
=0.01

Baiyin Nonferrous Group 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
=803.11/63806.801
=0.01

* 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.


Baiyin Nonferrous Group Co Goodwill Related Terms


Baiyin Nonferrous Group Co Goodwill Historical Data

* Premium members only.

The historical data trend for Baiyin Nonferrous Group 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.

Baiyin Nonferrous Group Co Goodwill Chart

Baiyin Nonferrous Group 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 510.55 555.87 562.86 570.44 816.71

Baiyin Nonferrous Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 570.55 569.27 566.27 816.71 803.11
SHSE:601212
67GF Score
Baiyin Nonferrous Group Co Ltd SHSE:601212
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baiyin Nonferrous Group 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 ¥803 Mil mean?
Baiyin Nonferrous Group Co (SHSE:601212) has a Goodwill of ¥803 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 Baiyin Nonferrous Group Co and its competitors.
Is Baiyin Nonferrous Group Co's Goodwill too high?
Baiyin Nonferrous Group Co's current Goodwill is ¥803 Mil. Overall, Baiyin Nonferrous Group Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baiyin Nonferrous Group Co's Goodwill compare to competitors?
Baiyin Nonferrous Group Co's Goodwill of ¥803 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill depends on the Metals & Mining 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 Baiyin Nonferrous Group Co and its competitors. Baiyin Nonferrous Group Co's current Goodwill is ¥803 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiyin Nonferrous Group Co stock overvalued right now?
Based on GuruFocus' analysis, Baiyin Nonferrous Group Co (SHSE:601212) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.91, compared to a current price of ¥4.47 — trading 53.6% above its estimated fair value. The current Goodwill is ¥803 Mil. Baiyin Nonferrous Group Co's overall GF Score™ is 67/100 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 Baiyin Nonferrous Group Co (SHSE:601212), the current Goodwill is ¥803 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 Baiyin Nonferrous Group Co (SHSE:601212) Overvalued in 2026?

Based on GuruFocus' analysis, Baiyin Nonferrous Group Co stock appears to be overvalued. The current stock price of ¥4.47 is trading 53.6% above its estimated GF Value™ of ¥2.91. GuruFocus considers Baiyin Nonferrous Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:601212:

  • Goodwill: ¥803 Mil
  • GF Value™: ¥2.91 vs. price of ¥4.47 (53.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baiyin Nonferrous Group Co Business Description

Address No.56, Friendship Road, Baiyin District, Gansu Province, Baiyin, CHN, 730900
Baiyin Nonferrous Group Co Ltd is engaged in mining and production of nonferrous metals. The product offered by the group includes Cathode copper, Lead ingots, Zinc ingot, Gold ingot, Cadmium ingot, sulfuric acid, Selenium dioxide and others. The group distributes its products within Chinese and to overseas markets.
67GF Score

Get the complete analysis for SHSE:601212

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

¥4.47
Price
¥2.91
GF Value