Tradelink Electronic Commerce (STU:T2E) Goodwill: €1.10 Mil (As of Dec. 2025)


STU:T2E Tradelink Electronic Commerce Ltd STU:T2E
57 GF Score
Price €0.02
GF Value €0.09
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Tradelink Electronic Commerce Goodwill?

Tradelink Electronic Commerce STU:T2E 57 Goodwill is €1.10 Mil as of Dec. 2025. GuruFocus rates STU:T2E with a GF Score™ of 57/100 and a GF Value™ of €0.09 (Significantly Undervalued). The stock has 8 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. Tradelink Electronic Commerce's goodwill for the quarter that ended in Dec. 2025 was €1.10 Mil.


Tradelink Electronic Commerce  (STU:T2E) 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.

Tradelink Electronic Commerce'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
=1.095/59.121
=0.02

Tradelink Electronic Commerce's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=1.095/59.121
=0.02

* 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.


Tradelink Electronic Commerce Goodwill Related Terms


Tradelink Electronic Commerce Goodwill Historical Data

* Premium members only.

The historical data trend for Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce Goodwill Chart

Tradelink Electronic Commerce 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 1.13 1.21 1.17 1.23 1.10

Tradelink Electronic Commerce Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.17 1.19 1.23 1.10 1.10
STU:T2E
57GF Score
Tradelink Electronic Commerce Ltd STU:T2E
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradelink Electronic Commerce 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 €1.10 Mil mean?
Tradelink Electronic Commerce (STU:T2E) has a Goodwill of €1.10 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Tradelink Electronic Commerce and its competitors.
Is Tradelink Electronic Commerce's Goodwill too high?
Tradelink Electronic Commerce's current Goodwill is €1.10 Mil. Overall, Tradelink Electronic Commerce has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradelink Electronic Commerce's Goodwill compare to UBER and SHOP?
Tradelink Electronic Commerce's Goodwill of €1.10 Mil can be compared against companies in the Software 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 Software company?
A good Goodwill depends on the Software 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 Tradelink Electronic Commerce and its competitors. Tradelink Electronic Commerce's current Goodwill is €1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradelink Electronic Commerce stock overvalued right now?
Based on GuruFocus' analysis, Tradelink Electronic Commerce (STU:T2E) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.02 — trading 83.3% below its estimated fair value. The current Goodwill is €1.10 Mil. Tradelink Electronic Commerce's overall GF Score™ is 57/100 with 8 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 Tradelink Electronic Commerce (STU:T2E), the current Goodwill is €1.10 Mil as of Dec. 2025. 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 Tradelink Electronic Commerce (STU:T2E) Overvalued in 2026?

Based on GuruFocus' analysis, Tradelink Electronic Commerce stock appears to be undervalued. The current stock price of €0.02 is trading 83.3% below its estimated GF Value™ of €0.09. GuruFocus considers Tradelink Electronic Commerce to be Significantly Undervalued.

Key valuation signals for STU:T2E:

  • Goodwill: €1.10 Mil
  • GF Value™: €0.09 vs. price of €0.02 (83.3% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the STU:T2E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradelink Electronic Commerce Business Description

Other Exchanges 00536:Hong Kong
Address 63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG
Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.
57GF Score

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

€0.02
Price
€0.09
GF Value