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Aeso Holding (HKSE:08341) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is Aeso Holding Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Aeso Holding's Goodwill for the quarter that ended in Sep. 2023 was HK$0.0 Mil. Aeso Holding's Total Assets for the quarter that ended in Sep. 2023 was HK$127.3 Mil. Therefore, Aeso Holding's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


Aeso Holding Goodwill-to-Asset Historical Data

The historical data trend for Aeso Holding'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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Aeso Holding Goodwill-to-Asset Chart

Aeso Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
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Aeso Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Aeso Holding's Goodwill-to-Asset

For the Consulting Services subindustry, Aeso Holding'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.


Aeso Holding's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeso Holding's Goodwill-to-Asset distribution charts can be found below:

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



Aeso Holding 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.

Aeso Holding's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=0/120.027
=0.00

Aeso Holding's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/127.31
=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.


Aeso Holding  (HKSE:08341) 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.


Aeso Holding Goodwill-to-Asset Related Terms

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Aeso Holding (HKSE:08341) Business Description

Traded in Other Exchanges
N/A
Address
22-26 Bonham Strand, Sheung Wan, 18th Floor, The Pemberton, Hong Kong, HKG
Aeso Holding Ltd is an investment holding company. It operates as a contractor providing renovation work and alteration services for commercial premises. It also offers fitting-out work for the construction of commercial and residential developments. The operating segments of the company are Fitting-out projects and Renovation projects, of which maximum revenue is derived from operating Fitting-out projects. The group's revenue is all derived from operations in Hong Kong.
Executives
Chan Siu Chung 2101 Beneficial owner
W & Q Investment Limited 2101 Beneficial owner
Acropolis Limited 2101 Beneficial owner

Aeso Holding (HKSE:08341) Headlines

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