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A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Neo-Neon Holdings's goodwill for the quarter that ended in Dec. 2025 was HK$98.7 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.
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.
Neo-Neon Holdings Goodwill Related Terms
Neo-Neon Holdings Goodwill Historical Data
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The historical data trend for Neo-Neon Holdings's Goodwill 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.
A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.
Neo-Neon Holdings (HKSE:01868) has a Goodwill of HK$98.7 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Neo-Neon Holdings and its competitors.
Is Neo-Neon Holdings' Goodwill too high?
Neo-Neon Holdings' current Goodwill is HK$98.7 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' Goodwill compare to SN and SGI?
Neo-Neon Holdings' Goodwill of HK$98.7 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 Goodwill for a Furnishings, Fixtures & Appliances company?
A good Goodwill depends on the Furnishings, Fixtures & Appliances industry context. However, Goodwill 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 mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Neo-Neon Holdings and its competitors. Neo-Neon Holdings's current Goodwill is HK$98.7 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 Goodwill is HK$98.7 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 Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Neo-Neon Holdings (HKSE:01868), the current Goodwill is HK$98.7 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:
Goodwill: HK$98.7 Mil
GF Value™: HK$0.37 vs. price of HK$0.19 (49.7% below fair value)
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 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
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