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ZheJiang Jasan Holding Group Co (SHSE:603558) Goodwill : ¥99 Mil (As of Sep. 2024)


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What is ZheJiang Jasan Holding Group Co Goodwill?

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. ZheJiang Jasan Holding Group Co's goodwill for the quarter that ended in Sep. 2024 was ¥99 Mil.


ZheJiang Jasan Holding Group Co Goodwill Historical Data

The historical data trend for ZheJiang Jasan Holding 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.

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ZheJiang Jasan Holding Group Co Goodwill Chart

ZheJiang Jasan Holding Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 652.60 98.60 100.30 100.30 98.60

ZheJiang Jasan Holding Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 100.30 98.60 98.60 98.60 98.60

ZheJiang Jasan Holding 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.


ZheJiang Jasan Holding Group Co  (SHSE:603558) 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.

ZheJiang Jasan Holding Group Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=98.6/3486.988
=0.03

ZheJiang Jasan Holding Group Co's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=98.6/3915.584
=0.03

* 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.


ZheJiang Jasan Holding Group Co Goodwill Related Terms

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ZheJiang Jasan Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.111, JinYi Road, Xiaoshan Economic and Technological Development Zone, Hangzhou, CHN, 311215
ZheJiang Jasan Holding Group Co Ltd is engaged in research, development, designing manufacturing and servicing of knitwear. It offers its products under various brands such as ADIDAS, PUMA, NEW BALANCE, FILA, TOMMY HILFIGER and others.
Executives
Zhang Mao Yi Directors, senior managers
Xu Jun Chen senior management
Hu Tian Xing Director
Li Wei Ping Director
Jiang Feng Director
Zhou Shui Ying Director

ZheJiang Jasan Holding Group Co Headlines

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