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Focus Technology Co (SZSE:002315) Goodwill : ¥0 Mil (As of Dec. 2024)


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What is Focus Technology 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. Focus Technology Co's goodwill for the quarter that ended in Dec. 2024 was ¥0 Mil.


Focus Technology Co Goodwill Historical Data

The historical data trend for Focus Technology 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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Focus Technology Co Goodwill Chart

Focus Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
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Focus Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Focus Technology 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.


Focus Technology Co  (SZSE:002315) 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.

Focus Technology Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=0/4219.092
=0.00

Focus Technology Co's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/4219.092
=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.


Focus Technology Co Goodwill Related Terms

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Focus Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Xinghuo Road, Block A, Software Building, No. 9, Nanjing New & High Technology Industry Development, Jiangsu, Nanjing, CHN, 210032
Focus Technology Co Ltd is an Internet carrier in China. By introducing the Internet respectively into foreign trade, insurance, corporate procurement, medical, and other fields, Focus Tech successfully developed the following products: Made-in-China.com, Abiz.com, xyz.cn, StudyFun, Jiankang51.cn, and others.
Executives
Cheng Jun Jie Executives
Gu Jun Directors, executives
Chi Meng Jie Secretary, Director
Shen Jin Hua Directors, executives
Huang Liang Fa Supervisors
Li Li Jie Supervisors
Liu Ming Jing Director
Yao Rui Bo Directors, executives
Xu Jian Feng Directors, executives
Wang Jing Ning Supervisors
Xie Yong Zhong Supervisors
Shen Jie Er Director

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