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Advanced Fiber Resources (Zhuhai) (SZSE:300620) Goodwill-to-Asset : 0.07 (As of Mar. 2025)


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What is Advanced Fiber Resources (Zhuhai) Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Advanced Fiber Resources (Zhuhai)'s Goodwill for the quarter that ended in Mar. 2025 was ¥232 Mil. Advanced Fiber Resources (Zhuhai)'s Total Assets for the quarter that ended in Mar. 2025 was ¥3,142 Mil. Therefore, Advanced Fiber Resources (Zhuhai)'s Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 was 0.07.


Advanced Fiber Resources (Zhuhai) Goodwill-to-Asset Historical Data

The historical data trend for Advanced Fiber Resources (Zhuhai)'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.

Advanced Fiber Resources (Zhuhai) Goodwill-to-Asset Chart

Advanced Fiber Resources (Zhuhai) 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 0.07 0.06 0.06 0.06 0.08

Advanced Fiber Resources (Zhuhai) 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 0.09 0.09 0.08 0.08 0.07

Competitive Comparison of Advanced Fiber Resources (Zhuhai)'s Goodwill-to-Asset

For the Communication Equipment subindustry, Advanced Fiber Resources (Zhuhai)'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.


Advanced Fiber Resources (Zhuhai)'s Goodwill-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Fiber Resources (Zhuhai)'s Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Advanced Fiber Resources (Zhuhai)'s Goodwill-to-Asset falls into.


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Advanced Fiber Resources (Zhuhai) 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.

Advanced Fiber Resources (Zhuhai)'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
=232.352/2951.694
=0.08

Advanced Fiber Resources (Zhuhai)'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
=232.352/3141.89
=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.


Advanced Fiber Resources (Zhuhai)  (SZSE:300620) 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.


Advanced Fiber Resources (Zhuhai) Goodwill-to-Asset Related Terms

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Advanced Fiber Resources (Zhuhai) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Software Park Road, Unit 1-6, Unit 8, 2nd Floor, Building 5, Tangjia, Guangdong Province, Zhuhai, CHN, 519080
Advanced Fiber Resources (Zhuhai) Ltd is a provider of passive optical components for telecommunication, fiber laser, and fiber sensor applications. The company specializes in fiber optic components and polarization maintaining components. The company designs and manufactures both standard and custom components, and also offers contract manufacturing solutions to its customers. The company's products category comprises components for industrial laser, bio-medical equipment, test equipment and others, components for optical network, and components for fiber sensing. It sells the products in China, and also exports it to the various other countries.
Executives
Ji Gui Jun Executives
Executives
Directors, executives
Wu Wei Directors, executives
Wu Guo Qin Executives
Zhou Chun Hua Supervisors
Qiu Er Hu Executives
Zhong Guo Qing Executives
Directors, executives
Wu Yu Ling Director
Feng Yong Mao Director
Directors, executives
Liang Xi Huan Securities Affairs Representative

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