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Net263 (SZSE:002467) Goodwill-to-Asset : 0.24 (As of Mar. 2025)


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What is Net263 Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Net263's Goodwill for the quarter that ended in Mar. 2025 was ¥570.7 Mil. Net263's Total Assets for the quarter that ended in Mar. 2025 was ¥2,396.3 Mil. Therefore, Net263's Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 was 0.24.


Net263 Goodwill-to-Asset Historical Data

The historical data trend for Net263'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.

Net263 Goodwill-to-Asset Chart

Net263 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 0.31 0.30 0.28 0.25 0.24

Net263 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.24 0.24 0.24 0.24 0.24

Competitive Comparison of Net263's Goodwill-to-Asset

For the Telecom Services subindustry, Net263'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.


Net263's Goodwill-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Net263's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Net263's Goodwill-to-Asset falls into.


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Net263 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.

Net263'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
=570.739/2368.902
=0.24

Net263's Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Goodwill to Asset (Q: Mar. 2025 )=Goodwill/Total Assets
=570.681/2396.316
=0.24

* 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.


Net263  (SZSE:002467) 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.


Net263 Goodwill-to-Asset Related Terms

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Net263 Business Description

Traded in Other Exchanges
N/A
Address
13 East Chaoqian Road, Changping District, Beijing, CHN, 100013
Net263 Ltd provides value-added data and voice communication services in China.
Executives
Gu Li Supervisors
Li Yu Jie Executives
Xin Wei Min Directors, executives
Xu Li Dong Directors, executives
Yang Ping Yong Directors, executives
Wu Yi Bin Supervisors
Liang Jing Executives
Directors, executives
Xiao Yuan Executives
Lu Bing Director
Zhang Ke Independent director
Li Xiao Long Director
Wang Xue Si Supervisors
Yang Dan Executives
Huang Ming Sheng Director

Net263 Headlines

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