Thinking Electronic Industrial Co (TPE:2428) Goodwill: NT$0 Mil (As of Dec. 2025)


TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
78 GF Score
Price NT$311.00
GF Value NT$175.48
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thinking Electronic Industrial Co Goodwill?

Thinking Electronic Industrial Co TPE:2428 +2.30% 78 Goodwill is NT$0 Mil as of Dec. 2025. GuruFocus rates TPE:2428 with a GF Score™ of 78/100 and a GF Value™ of NT$175.48 (Significantly Overvalued). 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. Thinking Electronic Industrial Co's goodwill for the quarter that ended in Dec. 2025 was NT$0 Mil.


Thinking Electronic Industrial Co  (TPE:2428) 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.

Thinking Electronic Industrial 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
=0/16576.913
=0.00

Thinking Electronic Industrial Co'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
=0/16576.913
=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.


Thinking Electronic Industrial Co Goodwill Related Terms


Thinking Electronic Industrial Co Goodwill Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial 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.

Thinking Electronic Industrial Co Goodwill Chart

Thinking Electronic Industrial Co Annual Data
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Thinking Electronic Industrial Co Quarterly Data
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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 0.00 0.00 0.00 0.00 0.00
TPE:2428
78GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinking Electronic Industrial 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 NT$0 Mil mean?
Thinking Electronic Industrial Co (TPE:2428) has a Goodwill of NT$0 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 Thinking Electronic Industrial Co and its competitors.
Is Thinking Electronic Industrial Co's Goodwill too high?
Thinking Electronic Industrial Co's current Goodwill is NT$0 Mil. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Goodwill compare to APH and GLW?
Thinking Electronic Industrial Co's Goodwill of NT$0 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Goodwill depends on the Hardware 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 Thinking Electronic Industrial Co and its competitors. Thinking Electronic Industrial Co's current Goodwill is NT$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.48, compared to a current price of NT$311.00 — trading 77.2% above its estimated fair value. The current Goodwill is NT$0 Mil. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 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 Thinking Electronic Industrial Co (TPE:2428), the current Goodwill is NT$0 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$311.00 is trading 77.2% above its estimated GF Value™ of NT$175.48. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • Goodwill: NT$0 Mil
  • GF Value™: NT$175.48 vs. price of NT$311.00 (77.2% above fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score

Get the complete analysis for TPE:2428

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

NT$311.00
Price
NT$175.48
GF Value