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China High Precision Automation Group (OTCPK:HPAGF) Goodwill-to-Asset Explanation
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.
China High Precision Automation Group Goodwill-to-Asset Related Terms
China High Precision Automation Group Goodwill-to-Asset Historical Data
* 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.
China High Precision Automation Group Goodwill-to-Asset Chart
HPAGF vs GRMN, COHR, KEYS: Goodwill-to-Asset Comparison
For the Scientific & Technical Instruments subindustry, China High Precision Automation Group's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China High Precision Automation Group Goodwill-to-Asset vs Hardware Industry
* 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.
China High Precision Automation Group (HPAGF) has a Goodwill-to-Asset of 0.00 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on China High Precision Automation Group and its competitors.
Is China High Precision Automation Group's Goodwill-to-Asset too high?
China High Precision Automation Group's current Goodwill-to-Asset is 0.00. Overall, China High Precision Automation Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's Goodwill-to-Asset compare to GRMN and COHR?
China High Precision Automation Group's Goodwill-to-Asset of 0.00 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-to-Asset for a Hardware company?
A good Goodwill-to-Asset depends on the Hardware industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on China High Precision Automation Group and its competitors. China High Precision Automation Group's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
Based on GuruFocus' analysis, China High Precision Automation Group (HPAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 92% above its estimated fair value. The current Goodwill-to-Asset is 0.00. China High Precision Automation Group's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For China High Precision Automation Group (HPAGF), the current Goodwill-to-Asset is 0.00 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 China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.02 is trading 92% above its estimated GF Value™ of $0.01.
GuruFocus considers China High Precision Automation Group to be Significantly Overvalued.
Key valuation signals for HPAGF:
Goodwill-to-Asset: 0.00
GF Value™: $0.01 vs. price of $0.02 (92% above fair value)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
46GF Score
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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