HUNG SHENG Construction Co (TPE:2534) Goodwill: NT$0 Mil (As of Jun. 2026)

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TPE:2534 HUNG SHENG Construction Co Ltd TPE:2534
69 GF Score
Price NT$16.70
GF Value NT$14.78
Valuation Modestly Overvalued
! 10 Warning Signs
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What is HUNG SHENG Construction Co Goodwill?

HUNG SHENG Construction Co TPE:2534 -1.18% 69 Goodwill is NT$0 Mil as of Jun. 2026. GuruFocus rates TPE:2534 with a GF Score™ of 69/100 and a GF Value™ of NT$14.78 (Modestly Overvalued). The stock has 10 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. HUNG SHENG Construction Co's goodwill for the quarter that ended in Jun. 2026 was NT$0 Mil.


HUNG SHENG Construction Co  (TPE:2534) 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.

HUNG SHENG Construction 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
=0/31612.069
=0.00

HUNG SHENG Construction Co's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill-to-Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/32267.147
=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.


HUNG SHENG Construction Co Goodwill Related Terms


HUNG SHENG Construction Co Goodwill Historical Data

* Premium members only.

The historical data trend for HUNG SHENG Construction 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.

HUNG SHENG Construction Co Goodwill Chart

HUNG SHENG Construction Co Annual Data
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HUNG SHENG Construction Co Quarterly Data
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TPE:2534
69GF Score
HUNG SHENG Construction Co Ltd TPE:2534
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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HUNG SHENG Construction 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?
HUNG SHENG Construction Co (TPE:2534) has a Goodwill of NT$0 Mil as of Jun. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on HUNG SHENG Construction Co and its competitors.
Is HUNG SHENG Construction Co's Goodwill too high?
HUNG SHENG Construction Co's current Goodwill is NT$0 Mil. Overall, HUNG SHENG Construction Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HUNG SHENG Construction Co's Goodwill compare to competitors?
HUNG SHENG Construction Co's Goodwill of NT$0 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Goodwill depends on the Real Estate 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 HUNG SHENG Construction Co and its competitors. HUNG SHENG Construction 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 HUNG SHENG Construction Co stock overvalued right now?
Based on GuruFocus' analysis, HUNG SHENG Construction Co (TPE:2534) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.78, compared to a current price of NT$16.70 — trading 13% above its estimated fair value. The current Goodwill is NT$0 Mil. HUNG SHENG Construction Co's overall GF Score™ is 69/100 with 10 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 HUNG SHENG Construction Co (TPE:2534), the current Goodwill is NT$0 Mil as of Jun. 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 HUNG SHENG Construction Co (TPE:2534) Overvalued in 2026?

Based on GuruFocus' analysis, HUNG SHENG Construction Co stock appears to be overvalued. The current stock price of NT$16.70 is trading 13% above its estimated GF Value™ of NT$14.78. GuruFocus considers HUNG SHENG Construction Co to be Modestly Overvalued.

Key valuation signals for TPE:2534:

  • Goodwill: NT$0 Mil
  • GF Value™: NT$14.78 vs. price of NT$16.70 (13% above fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the TPE:2534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUNG SHENG Construction Co Business Description

Address No. 168, Dunhua North Road, 14th Floor, Songshan District, Taipei, TWN
HUNG SHENG Construction Co Ltd engages in the commission of contractors to build public housing for sale and rental. The reportable segments of the consolidated company are as follows: Sale of real estate - Sales of residences and commercial buildings. Construction - Building of residences and commercial buildings. and Lease - Lease of investment property.
69GF Score

Get the complete analysis for TPE:2534

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

NT$16.70
Price
NT$14.78
GF Value