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Zhongmin Baihui Retail Group (SGX:5SR) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is Zhongmin Baihui Retail Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Zhongmin Baihui Retail Group's Goodwill for the quarter that ended in Dec. 2024 was S$0.0 Mil. Zhongmin Baihui Retail Group's Total Assets for the quarter that ended in Dec. 2024 was S$220.2 Mil. Therefore, Zhongmin Baihui Retail Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Zhongmin Baihui Retail Group Goodwill-to-Asset Historical Data

The historical data trend for Zhongmin Baihui Retail Group's Goodwill-to-Asset 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.

* Premium members only.

Zhongmin Baihui Retail Group Goodwill-to-Asset Chart

Zhongmin Baihui Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23 Jun24
Goodwill-to-Asset
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Zhongmin Baihui Retail Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Zhongmin Baihui Retail Group's Goodwill-to-Asset

For the Department Stores subindustry, Zhongmin Baihui Retail 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.


Zhongmin Baihui Retail Group's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhongmin Baihui Retail Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhongmin Baihui Retail Group's Goodwill-to-Asset falls into.


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Zhongmin Baihui Retail Group Goodwill-to-Asset Calculation

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.

Zhongmin Baihui Retail Group's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill to Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0.71/238.053
=0.00

Zhongmin Baihui Retail Group'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
=0/220.218
=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.


Zhongmin Baihui Retail Group  (SGX:5SR) 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.


Zhongmin Baihui Retail Group Goodwill-to-Asset Related Terms

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Zhongmin Baihui Retail Group Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No. 13-07 Parkway Parade, Singapore, SGP, 449269
Zhongmin Baihui Retail Group Ltd is engaged in the ownership, operation and management of department stores and supermarkets in Fujian Province, People's Republic of China. The company is involved in the operation and management of an outlet mall in Changsha, Hunan Province. The department stores offer a wide variety of clothes and accessories for men, women and children from domestic and international brands from concessionaires while the supermarkets are well stocked with a good variety of items, including fresh produce and live seafood. It derives the bulk of its revenue from sales of supermarket products and commissions from concessionaire sales.

Zhongmin Baihui Retail Group Headlines

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