Jinzhou Cihang Group Co (SZSE:000587) Goodwill-to-Asset : 0.00 (As of Sep. 2022)

View and export this data going back to 1996. Start your Free Trial

What is Jinzhou Cihang Group Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Jinzhou Cihang Group Co's Goodwill for the quarter that ended in Sep. 2022 was ¥0.00 Mil. Jinzhou Cihang Group Co's Total Assets for the quarter that ended in Sep. 2022 was ¥1,076.01 Mil. Therefore, Jinzhou Cihang Group Co's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 was 0.00.

Jinzhou Cihang Group Co Goodwill-to-Asset Historical Data

The historical data trend for Jinzhou Cihang Group Co'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.

Jinzhou Cihang Group Co Goodwill-to-Asset Chart

Jinzhou Cihang Group Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Goodwill-to-Asset

Get a 7-Day Free Trial

0.10

Jinzhou Cihang Group Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Goodwill-to-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Jinzhou Cihang Group Co's Goodwill-to-Asset

For the Luxury Goods subindustry, Jinzhou Cihang Group Co'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.

Jinzhou Cihang Group Co's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Jinzhou Cihang Group Co's Goodwill-to-Asset falls into.

Jinzhou Cihang Group Co 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.

Jinzhou Cihang Group Co's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )	=	Goodwill	/	Total Assets
	=	0	/	1087.639
	=	0.00

Jinzhou Cihang Group Co's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )	=	Goodwill	/	Total Assets
	=	0	/	1076.008
	=	0.00

Jinzhou Cihang Group Co (SZSE:000587) 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.

Jinzhou Cihang Group Co Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Jinzhou Cihang Group Co's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinzhou Cihang Group Co (SZSE:000587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jinzhou Cihang Group Co Ltd (SZSE:000587) » Definitions » Goodwill-to-Asset

Traded in Other Exchanges

N/A

Address

No. 118, Qingshan West Road, Yichun District, Heilongjiang Province, Yichun, CHN, 153000

Website

http://www.goldzb.com

Jinzhou Cihang Group Co Ltd is engaged in processing, manufacturing, and selling of precious metals, jewelry, jade-based arts and crafts, and recycling of gold in China.

Executives

Xu Jing	Executives
Liu Dao Ren	Supervisors
Ji Qing Bin	Executives
Ren Hui Qing	Executives
Cui Yi Dong	Executives
Li Xing Jiang	Directors, executives
Yuan Mei Jun	Supervisors
Gao Jin Bo	Director
Dang Jian Jun	Executives

Jinzhou Cihang Group Co (SZSE:000587) Headlines

No Headlines