Neo-Neon Holdings (HKSE:01868) EBIT: HK$14.9 Mil (TTM As of Dec. 2025)

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HKSE:01868 Neo-Neon Holdings Ltd HKSE:01868
38 GF Score
Price HK$0.19
GF Value HK$0.37
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Neo-Neon Holdings EBIT?

Neo-Neon Holdings HKSE:01868 38 EBIT is HK$14.9 Mil as of Dec. 2025. GuruFocus rates HKSE:01868 with a GF Score™ of 38/100 and a GF Value™ of HK$0.37 (Possible Value Trap). The stock has 2 warning signs investors should review.

Neo-Neon Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$9.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$14.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neo-Neon Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 0.51%. Neo-Neon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neo-Neon Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.16%.


Neo-Neon Holdings  (HKSE:01868) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Neo-Neon Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=15.568 * ( 1 - 61.3% )/( (1182.422 + 1188.695)/ 2 )
=6.024816/1185.5585
=0.51 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2024.343 - 166.497 - ( 675.424 - max(0, 216.266 - 1514.529+675.424))
=1182.422

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2079.769 - 187.255 - ( 703.819 - max(0, 233.153 - 1537.654+703.819))
=1188.695

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Neo-Neon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19.08/( ( (46.064 + max(96.304, 0)) + (78.744 + max(85.416, 0)) )/ 2 )
=19.08/( ( 142.368 + 164.16 )/ 2 )
=19.08/153.264
=12.45 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.791 + 177.06 + 23.943) - (166.497 + 0 + 37.993)
=96.304

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.756 + 188.863 + 0) - (187.255 + 0 + 36.948)
=85.416

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Neo-Neon Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=14.88/-241.714
=-6.16 %

* 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.


Neo-Neon Holdings EBIT Related Terms


Neo-Neon Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Neo-Neon Holdings's EBIT 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.

Neo-Neon Holdings EBIT Chart

Neo-Neon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.92 116.15 46.94 52.59 14.94

Neo-Neon Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT 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 20.53 16.67 36.06 5.34 9.54

HKSE:01868 vs SN, SGI, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neo-Neon Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Neo-Neon Holdings EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neo-Neon Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Neo-Neon Holdings's EV-to-EBIT falls into.


HKSE:01868
38GF Score
Neo-Neon Holdings Ltd HKSE:01868
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neo-Neon Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$14.9 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$14.9 Mil mean?
Neo-Neon Holdings (HKSE:01868) has a EBIT of HK$14.9 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Neo-Neon Holdings.
Is Neo-Neon Holdings' EBIT too high?
Neo-Neon Holdings' current EBIT is HK$14.9 Mil. Overall, Neo-Neon Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neo-Neon Holdings' EBIT compare to SN and SGI?
Neo-Neon Holdings' EBIT of HK$14.9 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Neo-Neon Holdings. Neo-Neon Holdings's current EBIT is HK$14.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Neon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Neo-Neon Holdings (HKSE:01868) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.19 — trading 49.7% below its estimated fair value. The current EBIT is HK$14.9 Mil. Neo-Neon Holdings' overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Neo-Neon Holdings (HKSE:01868), the current EBIT is HK$14.9 Mil as of Dec. 2025. 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 Neo-Neon Holdings (HKSE:01868) Overvalued in 2026?

Based on GuruFocus' analysis, Neo-Neon Holdings stock appears to be undervalued. The current stock price of HK$0.19 is trading 49.7% below its estimated GF Value™ of HK$0.37. GuruFocus considers Neo-Neon Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01868:

  • EBIT: HK$14.9 Mil
  • GF Value™: HK$0.37 vs. price of HK$0.19 (49.7% below fair value)
  • GF Score™: 38/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neo-Neon Holdings Business Description

Other Exchanges 911868:Taiwan
Address 118 Connaught Road West, Unit 3405, 34th Floor, Hong Kong, HKG
Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; Asia; and Other continents.
38GF Score

Get the complete analysis for HKSE:01868

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.19
Price
HK$0.37
GF Value