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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Wang- Zheng Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM0.0 Mil. Wang- Zheng Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM276.8 Mil.
Therefore, Wang- Zheng Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Wang- Zheng Bhd (XKLS:7203) 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.
Wang- Zheng Bhd Goodwill-to-Asset Related Terms
Wang- Zheng Bhd Goodwill-to-Asset Historical Data
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The historical data trend for Wang- Zheng Bhd'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.
Wang- Zheng Bhd Goodwill-to-Asset Competitor Comparison
For the Paper & Paper Products subindustry, Wang- Zheng Bhd'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.
Wang- Zheng Bhd Goodwill-to-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Wang- Zheng Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Wang- Zheng Bhd's Goodwill-to-Asset falls into.
* 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.
Wang- Zheng Bhd (XKLS:7203) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wang- Zheng Bhd and its competitors.
Is Wang- Zheng Bhd's Goodwill-to-Asset too high?
Wang- Zheng Bhd's current Goodwill-to-Asset is 0.00. Overall, Wang- Zheng Bhd has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wang- Zheng Bhd's Goodwill-to-Asset compare to competitors?
Wang- Zheng Bhd's Goodwill-to-Asset of 0.00 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Forest Products company?
A good Goodwill-to-Asset depends on the Forest Products industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wang- Zheng Bhd and its competitors. Wang- Zheng Bhd's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang- Zheng Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wang- Zheng Bhd (XKLS:7203) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.40 — trading 22.5% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Wang- Zheng Bhd's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Wang- Zheng Bhd (XKLS:7203), the current Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wang- Zheng Bhd (XKLS:7203) Overvalued in 2026?
Based on GuruFocus' analysis, Wang- Zheng Bhd stock appears to be undervalued.
The current stock price of RM0.40 is trading 22.5% below its estimated GF Value™ of RM0.51.
GuruFocus considers Wang- Zheng Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7203:
Goodwill-to-Asset: 0.00
GF Value™: RM0.51 vs. price of RM0.40 (22.5% below fair value)
No single metric tells the full story. See the XKLS:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others. Key revenue is generated from Processed papers products segment.
52GF Score
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