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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Sun Hung Kai's Goodwill for the quarter that ended in Jun. 2026 was $304.2 Mil. Sun Hung Kai's Total Assets for the quarter that ended in Jun. 2026 was $5,153.1 Mil.
Therefore, Sun Hung Kai's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.06.
Sun Hung Kai (OTCPK:SHGKF) 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.
Sun Hung Kai Goodwill-to-Asset Related Terms
Sun Hung Kai Goodwill-to-Asset Historical Data
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The historical data trend for Sun Hung Kai'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.
For the Credit Services subindustry, Sun Hung Kai'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.
Sun Hung Kai Goodwill-to-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Sun Hung Kai's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Sun Hung Kai's Goodwill-to-Asset falls into.
* 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.
Sun Hung Kai (SHGKF) has a Goodwill-to-Asset of 0.06 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Sun Hung Kai and its competitors.
Is Sun Hung Kai's Goodwill-to-Asset too high?
Sun Hung Kai's current Goodwill-to-Asset is 0.06. Overall, Sun Hung Kai has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai's Goodwill-to-Asset compare to V and MA?
Sun Hung Kai's Goodwill-to-Asset of 0.06 can be compared against companies in the Credit Services 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 Credit Services company?
A good Goodwill-to-Asset depends on the Credit Services 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 Sun Hung Kai and its competitors. Sun Hung Kai's current Goodwill-to-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai (SHGKF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.82, compared to a current price of $0.54 — trading 33.8% below its estimated fair value. The current Goodwill-to-Asset is 0.06. Sun Hung Kai's overall GF Score™ is 53/100 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 Sun Hung Kai (SHGKF), the current Goodwill-to-Asset is 0.06 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 Sun Hung Kai (SHGKF) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Hung Kai stock appears to be undervalued.
The current stock price of $0.54 is trading 33.8% below its estimated GF Value™ of $0.82.
GuruFocus considers Sun Hung Kai to be Significantly Undervalued.
Key valuation signals for SHGKF:
Goodwill-to-Asset: 0.06
GF Value™: $0.82 vs. price of $0.54 (33.8% below fair value)
No single metric tells the full story. See the SHGKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Hung Kai & Co Ltd is an investment and finance firm. Its businesses are Credit Business, Investment Management, and Funds Management. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance, Mortgage Loans, Investment Management, Alternative Solutions and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.
53GF 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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