Beijing Changjiu Logistics (SHSE:603569) Goodwill: ¥12 Mil (As of Mar. 2026)


SHSE:603569 Beijing Changjiu Logistics Corp SHSE:603569
57 GF Score
Price ¥5.51
GF Value ¥6.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Beijing Changjiu Logistics Goodwill?

Beijing Changjiu Logistics SHSE:603569 +0.55% 57 Goodwill is ¥12 Mil as of Mar. 2026. GuruFocus rates SHSE:603569 with a GF Score™ of 57/100 and a GF Value™ of ¥6.20 (Modestly Undervalued). The stock has 5 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. Beijing Changjiu Logistics's goodwill for the quarter that ended in Mar. 2026 was ¥12 Mil.


Beijing Changjiu Logistics  (SHSE:603569) 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.

Beijing Changjiu Logistics'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
=12.163/6024.611
=0.00

Beijing Changjiu Logistics'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
=12.163/5839.86
=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.


Beijing Changjiu Logistics Goodwill Related Terms


Beijing Changjiu Logistics Goodwill Historical Data

* Premium members only.

The historical data trend for Beijing Changjiu Logistics'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.

Beijing Changjiu Logistics Goodwill Chart

Beijing Changjiu Logistics 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 7.09 7.09 50.49 50.49 12.16

Beijing Changjiu Logistics 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 50.49 50.49 50.49 12.16 12.16
SHSE:603569
57GF Score
Beijing Changjiu Logistics Corp SHSE:603569
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Changjiu Logistics 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 ¥12 Mil mean?
Beijing Changjiu Logistics (SHSE:603569) has a Goodwill of ¥12 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 Beijing Changjiu Logistics and its competitors.
Is Beijing Changjiu Logistics' Goodwill too high?
Beijing Changjiu Logistics' current Goodwill is ¥12 Mil. Overall, Beijing Changjiu Logistics has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Changjiu Logistics' Goodwill compare to UPS and FDX?
Beijing Changjiu Logistics' Goodwill of ¥12 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Goodwill depends on the Transportation 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 Beijing Changjiu Logistics and its competitors. Beijing Changjiu Logistics's current Goodwill is ¥12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Changjiu Logistics stock overvalued right now?
Based on GuruFocus' analysis, Beijing Changjiu Logistics (SHSE:603569) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.20, compared to a current price of ¥5.51 — trading 11.1% below its estimated fair value. The current Goodwill is ¥12 Mil. Beijing Changjiu Logistics' overall GF Score™ is 57/100 with 5 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 Beijing Changjiu Logistics (SHSE:603569), the current Goodwill is ¥12 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 Beijing Changjiu Logistics (SHSE:603569) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Changjiu Logistics stock appears to be undervalued. The current stock price of ¥5.51 is trading 11.1% below its estimated GF Value™ of ¥6.20. GuruFocus considers Beijing Changjiu Logistics to be Modestly Undervalued.

Key valuation signals for SHSE:603569:

  • Goodwill: ¥12 Mil
  • GF Value™: ¥6.20 vs. price of ¥5.51 (11.1% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Changjiu Logistics Business Description

Address Dongsanhuan North Road, 7th Floor, Block B, Jiacheng Plaza, No. 18 Xiaguangli, Chaoyang District, Beijing, CHN, 101300
Beijing Changjiu Logistics Corp provides logistics, warehousing, and distribution services. It also provides automotive logistics planning, inbound logistics, outbound logistics, second-car logistics for finished-vehicles and parts to OEMs and dealers and other related services to passenger and commercial vehicles, used cars, and auto parts. Its services include vehicle, used car, parts, pre-production, after-sale, and international logistics; and warehousing.
57GF Score

Get the complete analysis for SHSE:603569

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

¥5.51
Price
¥6.20
GF Value