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Langold Real Estate Co (SZSE:002305) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Langold Real Estate Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Langold Real Estate Co's Goodwill for the quarter that ended in Jun. 2024 was ¥0 Mil. Langold Real Estate Co's Total Assets for the quarter that ended in Jun. 2024 was ¥24,316 Mil. Therefore, Langold Real Estate Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Langold Real Estate Co Goodwill-to-Asset Historical Data

The historical data trend for Langold Real Estate 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.

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Langold Real Estate Co Goodwill-to-Asset Chart

Langold Real Estate Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Langold Real Estate Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Langold Real Estate Co's Goodwill-to-Asset

For the Real Estate - Development subindustry, Langold Real Estate 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.


Langold Real Estate Co's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Langold Real Estate Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Langold Real Estate Co's Goodwill-to-Asset falls into.



Langold Real Estate 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.

Langold Real Estate Co's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/28288.719
=0.00

Langold Real Estate Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/24315.676
=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.


Langold Real Estate Co  (SZSE:002305) 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.


Langold Real Estate Co Goodwill-to-Asset Related Terms

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Langold Real Estate Co Business Description

Traded in Other Exchanges
N/A
Address
No. 202, Hualin Road, Yuhualin Center, Wuchang District, Wuhan, CHN, 430060
Langold Real Estate Co Ltd is engaged in real estate development. The product line of the company includes pan Yue mall, southland center, pan Yue city plaza, Hankou city square, Wuhan pan yue center, and Nanjing pan yue center.
Executives
Xiong Yu Jing Executives
Zhang Jun Executives
Li Jun Executives
Xiao Xin Qiao Executives
Li Ya Dan Director
Tan Yong Zhong Directors, executives
Tang Wei Securities Affairs Representative
Xu Xiao Ming Director
Wang Chang Wen Director
Ning Chao Executives
Gao Qiu Hong Directors, executives
Xia Jin Director
Pei Xiao Zheng Director
Wang Yi He Directors, executives

Langold Real Estate Co Headlines

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