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JiLin JiuTai Rural Commercial Bank (HKSE:06122) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is JiLin JiuTai Rural Commercial Bank Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. JiLin JiuTai Rural Commercial Bank's Goodwill for the quarter that ended in Dec. 2023 was HK$17 Mil. JiLin JiuTai Rural Commercial Bank's Total Assets for the quarter that ended in Dec. 2023 was HK$295,074 Mil. Therefore, JiLin JiuTai Rural Commercial Bank's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


JiLin JiuTai Rural Commercial Bank Goodwill-to-Asset Historical Data

The historical data trend for JiLin JiuTai Rural Commercial Bank'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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JiLin JiuTai Rural Commercial Bank Goodwill-to-Asset Chart

JiLin JiuTai Rural Commercial Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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JiLin JiuTai Rural Commercial Bank Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of JiLin JiuTai Rural Commercial Bank's Goodwill-to-Asset

For the Banks - Regional subindustry, JiLin JiuTai Rural Commercial Bank'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.


JiLin JiuTai Rural Commercial Bank's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JiLin JiuTai Rural Commercial Bank's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where JiLin JiuTai Rural Commercial Bank's Goodwill-to-Asset falls into.



JiLin JiuTai Rural Commercial Bank 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.

JiLin JiuTai Rural Commercial Bank's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=16.549/295074.188
=0.00

JiLin JiuTai Rural Commercial Bank's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=16.549/295074.188
=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.


JiLin JiuTai Rural Commercial Bank  (HKSE:06122) 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.


JiLin JiuTai Rural Commercial Bank Goodwill-to-Asset Related Terms

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JiLin JiuTai Rural Commercial Bank (HKSE:06122) Business Description

Traded in Other Exchanges
Address
No. 2559 Wei Shan Road, High and New Technology Development Zone, Jilin Province, Changchun, CHN
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.

JiLin JiuTai Rural Commercial Bank (HKSE:06122) Headlines

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