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Qian Hu (SGX:BCV) Goodwill-to-Asset : 0.07 (As of Dec. 2024)


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What is Qian Hu Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Qian Hu's Goodwill for the quarter that ended in Dec. 2024 was S$4.05 Mil. Qian Hu's Total Assets for the quarter that ended in Dec. 2024 was S$58.05 Mil. Therefore, Qian Hu's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.07.


Qian Hu Goodwill-to-Asset Historical Data

The historical data trend for Qian Hu'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.

Qian Hu Goodwill-to-Asset Chart

Qian Hu Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.06 0.07 0.07

Qian Hu Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Goodwill-to-Asset 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 0.06 0.06 0.07 0.07 0.07

Competitive Comparison of Qian Hu's Goodwill-to-Asset

For the Leisure subindustry, Qian Hu'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.


Qian Hu's Goodwill-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Qian Hu's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Qian Hu's Goodwill-to-Asset falls into.



Qian Hu 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.

Qian Hu'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
=4.046/58.049
=0.07

Qian Hu'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
=4.046/58.049
=0.07

* 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.


Qian Hu  (SGX:BCV) 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.


Qian Hu Goodwill-to-Asset Related Terms

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Qian Hu Business Description

Traded in Other Exchanges
N/A
Address
No. 71 Jalan Lekar, Sungei Tengah, Singapore, SGP, 698950
Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its principal activities are those relating to import, export, farming, breeding and distribution of ornamental fishes and aquarium and pet accessories. Along with its subsidiaries, the company's reportable operating segments are Fish, Accessories, Plastics, and Others. Maximum revenue is generated from the Accessories segment, which includes manufacturing and distribution of aquarium and pet accessories. Geographically, the company generates maximum revenue from Asian countries (excluding Singapore), followed by Singapore, Europe, and other regions.

Qian Hu Headlines