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Kao Hsing Chang Iron & Steel (TPE:2008) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is Kao Hsing Chang Iron & Steel Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kao Hsing Chang Iron & Steel's Goodwill for the quarter that ended in Dec. 2024 was NT$0 Mil. Kao Hsing Chang Iron & Steel's Total Assets for the quarter that ended in Dec. 2024 was NT$7,864 Mil. Therefore, Kao Hsing Chang Iron & Steel's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Kao Hsing Chang Iron & Steel Goodwill-to-Asset Historical Data

The historical data trend for Kao Hsing Chang Iron & Steel'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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Kao Hsing Chang Iron & Steel Goodwill-to-Asset Chart

Kao Hsing Chang Iron & Steel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
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Kao Hsing Chang Iron & Steel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Kao Hsing Chang Iron & Steel's Goodwill-to-Asset

For the Steel subindustry, Kao Hsing Chang Iron & Steel'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.


Kao Hsing Chang Iron & Steel's Goodwill-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Kao Hsing Chang Iron & Steel's Goodwill-to-Asset falls into.


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Kao Hsing Chang Iron & Steel 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.

Kao Hsing Chang Iron & Steel'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
=0/7864.472
=0.00

Kao Hsing Chang Iron & Steel's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/7864.472
=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.


Kao Hsing Chang Iron & Steel  (TPE:2008) 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.


Kao Hsing Chang Iron & Steel Goodwill-to-Asset Related Terms

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Kao Hsing Chang Iron & Steel Business Description

Traded in Other Exchanges
N/A
Address
No.318, Zhonghua 1st Road, Gushan District, Kaohsiung, TWN, 804
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, North America, and Northeast Asia, of which the majority of the revenue comes from Taiwan.

Kao Hsing Chang Iron & Steel Headlines

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