Neo-Neon Holdings (TPE:911868) Goodwill: NT$398 Mil (As of Dec. 2025)

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TPE:911868 Neo-Neon Holdings Ltd TPE:911868
81 GF Score
Price NT$1.17
GF Value NT$1.25
Valuation Fairly Valued
! 2 Warning Signs
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What is Neo-Neon Holdings Goodwill?

Neo-Neon Holdings TPE:911868 81 Goodwill is NT$398 Mil as of Dec. 2025. GuruFocus rates TPE:911868 with a GF Score™ of 81/100 and a GF Value™ of NT$1.25 (Fairly Valued). The stock has 2 warning signs investors should review.

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 NT$398 Mil.


Neo-Neon Holdings  (TPE:911868) Goodwill Explanation

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.

Neo-Neon Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=397.886/8380.312
=0.05

Neo-Neon Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=397.886/8380.312
=0.05

* 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

* Premium members only.

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.

Neo-Neon Holdings Goodwill Chart

Neo-Neon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 353.22 389.40 394.22 408.99 397.89

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
Goodwill 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 394.22 404.47 408.99 375.57 397.89
TPE:911868
81GF Score
Neo-Neon Holdings Ltd TPE:911868
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Neo-Neon Holdings Goodwill Calculation

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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of NT$398 Mil mean?
Neo-Neon Holdings (TPE:911868) has a Goodwill of NT$398 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 NT$398 Mil. Overall, Neo-Neon Holdings has a GF Score™ of 81/100 and is considered Fairly Valued, 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 NT$398 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 NT$398 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 (TPE:911868) is currently considered Fairly Valued. The stock's GF Value™ is NT$1.25, compared to a current price of NT$1.17 — trading 6.4% below its estimated fair value. The current Goodwill is NT$398 Mil. Neo-Neon Holdings' overall GF Score™ is 81/100 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 (TPE:911868), the current Goodwill is NT$398 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 (TPE:911868) Overvalued in 2026?

Based on GuruFocus' analysis, Neo-Neon Holdings stock appears to be undervalued. The current stock price of NT$1.17 is trading 6.4% below its estimated GF Value™ of NT$1.25. GuruFocus considers Neo-Neon Holdings to be Fairly Valued.

Key valuation signals for TPE:911868:

  • Goodwill: NT$398 Mil
  • GF Value™: NT$1.25 vs. price of NT$1.17 (6.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the TPE:911868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neo-Neon Holdings Business Description

Other Exchanges 01868:Hong Kong
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.
81GF Score

Get the complete analysis for TPE:911868

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

NT$1.17
Price
NT$1.25
GF Value