Neo-Neon Holdings Limited
Neo-Neon Holdings Limited, an investment holding company, engages in the research and development, manufacture, distribution, and sale of lighting products in North America, Europe, the People's Republic of China, the rest of Asia, and internationally. It operates through two segments, PRC Lighting and USA Lighting. The company offers decorative and commercial LED lighting products, including neo… Read more
Neo-Neon Holdings Limited (911868) - Net Assets
Latest net assets as of June 2025: NT$1.61 Billion TWD
Based on the latest financial reports, Neo-Neon Holdings Limited (911868) has net assets worth NT$1.61 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.85 Billion) and total liabilities (NT$240.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.61 Billion |
| % of Total Assets | 87.01% |
| Annual Growth Rate | 3.47% |
| 5-Year Change | -2.7% |
| 10-Year Change | 38.93% |
| Growth Volatility | 40.45 |
Neo-Neon Holdings Limited - Net Assets Trend (2005–2024)
This chart illustrates how Neo-Neon Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neo-Neon Holdings Limited (2005–2024)
The table below shows the annual net assets of Neo-Neon Holdings Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.62 Billion | +3.44% |
| 2023-12-31 | NT$1.56 Billion | +5.43% |
| 2022-12-31 | NT$1.48 Billion | +7.67% |
| 2021-12-31 | NT$1.38 Billion | -17.14% |
| 2020-12-31 | NT$1.66 Billion | -4.07% |
| 2019-12-31 | NT$1.73 Billion | +1.46% |
| 2018-12-31 | NT$1.71 Billion | +19.04% |
| 2017-12-31 | NT$1.43 Billion | +18.50% |
| 2016-12-31 | NT$1.21 Billion | +3.99% |
| 2015-12-31 | NT$1.16 Billion | +2.35% |
| 2014-12-31 | NT$1.14 Billion | +79.59% |
| 2013-12-31 | NT$632.96 Million | -49.92% |
| 2012-12-31 | NT$1.26 Billion | -29.00% |
| 2011-12-31 | NT$1.78 Billion | -38.32% |
| 2010-12-31 | NT$2.89 Billion | +1.34% |
| 2009-12-31 | NT$2.85 Billion | +28.69% |
| 2008-12-31 | NT$2.21 Billion | -0.82% |
| 2007-12-31 | NT$2.23 Billion | +9.94% |
| 2006-12-31 | NT$2.03 Billion | +140.16% |
| 2005-12-31 | NT$845.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neo-Neon Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 94440600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.55 Billion | 158.81% |
| Total Equity | NT$1.61 Billion | 100.00% |
Neo-Neon Holdings Limited Competitors by Market Cap
The table below lists competitors of Neo-Neon Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eskay Mining Corp
PINK:ESKYF
|
$21.49 Million |
|
Fine Blanking & Tool Co Ltd
TWO:4535
|
$21.49 Million |
|
Ipopema Securities SA
WAR:IPE
|
$21.49 Million |
|
Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS
IS:ULAS
|
$21.50 Million |
|
RDE, Inc. Common Stock
NASDAQ:RSTN
|
$21.48 Million |
|
Formetal Co. Ltd
KQ:119500
|
$21.48 Million |
|
MARINOMED BIOTECH AG INH.
F:93Z
|
$21.48 Million |
|
Simple Mart Retail Co Ltd
TW:2945
|
$21.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neo-Neon Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,552,973,000 to 1,605,847,000, a change of 52,874,000 (3.4%).
- Net income of 37,182,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,367,301,000.
- Other factors increased equity by 1,382,993,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$37.18 Million | +2.32% |
| Other Comprehensive Income | NT$-1.37 Billion | -85.15% |
| Other Changes | NT$1.38 Billion | +86.12% |
| Total Change | NT$- | 3.40% |
Book Value vs Market Value Analysis
This analysis compares Neo-Neon Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.90x to 1.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$1.42 | NT$1.27 | x |
| 2006-12-31 | NT$3.34 | NT$1.27 | x |
| 2007-12-31 | NT$2.91 | NT$1.27 | x |
| 2008-12-31 | NT$2.90 | NT$1.27 | x |
| 2009-12-31 | NT$3.51 | NT$1.27 | x |
| 2010-12-31 | NT$3.12 | NT$1.27 | x |
| 2011-12-31 | NT$1.88 | NT$1.27 | x |
| 2012-12-31 | NT$1.34 | NT$1.27 | x |
| 2013-12-31 | NT$0.67 | NT$1.27 | x |
| 2014-12-31 | NT$0.76 | NT$1.27 | x |
| 2015-12-31 | NT$0.60 | NT$1.27 | x |
| 2016-12-31 | NT$0.62 | NT$1.27 | x |
| 2017-12-31 | NT$0.68 | NT$1.27 | x |
| 2018-12-31 | NT$0.81 | NT$1.27 | x |
| 2019-12-31 | NT$0.82 | NT$1.27 | x |
| 2020-12-31 | NT$0.79 | NT$1.27 | x |
| 2021-12-31 | NT$0.65 | NT$1.27 | x |
| 2022-12-31 | NT$0.70 | NT$1.27 | x |
| 2023-12-31 | NT$0.74 | NT$1.27 | x |
| 2024-12-31 | NT$0.77 | NT$1.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neo-Neon Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.98%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.18x
- Recent ROE (2.32%) is above the historical average (-7.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.69% | 14.77% | 0.85x | 1.41x | NT$64.90 Million |
| 2006 | 12.95% | 20.71% | 0.52x | 1.21x | NT$59.48 Million |
| 2007 | 13.97% | 21.10% | 0.58x | 1.14x | NT$88.33 Million |
| 2008 | 5.53% | 8.57% | 0.52x | 1.25x | NT$-98.59 Million |
| 2009 | 4.89% | 14.21% | 0.28x | 1.23x | NT$-145.19 Million |
| 2010 | 3.11% | 7.08% | 0.33x | 1.34x | NT$-198.50 Million |
| 2011 | -65.64% | -131.98% | 0.36x | 1.38x | NT$-1.34 Billion |
| 2012 | -39.30% | -74.58% | 0.33x | 1.58x | NT$-619.71 Million |
| 2013 | -105.85% | -98.81% | 0.64x | 1.67x | NT$-727.09 Million |
| 2014 | -17.29% | -35.12% | 0.37x | 1.34x | NT$-309.44 Million |
| 2015 | 0.50% | 0.97% | 0.41x | 1.27x | NT$-110.44 Million |
| 2016 | 0.97% | 1.93% | 0.40x | 1.26x | NT$-109.14 Million |
| 2017 | 8.42% | 18.08% | 0.38x | 1.23x | NT$-22.61 Million |
| 2018 | 8.56% | 21.02% | 0.28x | 1.48x | NT$-24.59 Million |
| 2019 | -1.30% | -2.68% | 0.34x | 1.44x | NT$-195.27 Million |
| 2020 | -1.66% | -3.13% | 0.39x | 1.35x | NT$-193.03 Million |
| 2021 | -3.68% | -5.84% | 0.52x | 1.21x | NT$-187.48 Million |
| 2022 | 5.82% | 9.25% | 0.54x | 1.17x | NT$-61.56 Million |
| 2023 | 1.73% | 3.41% | 0.43x | 1.17x | NT$-128.48 Million |
| 2024 | 2.32% | 4.98% | 0.40x | 1.18x | NT$-123.40 Million |
Industry Comparison
This section compares Neo-Neon Holdings Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,453,089,600
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neo-Neon Holdings Limited (911868) | NT$1.61 Billion | 17.69% | 0.15x | $21.49 Million |
| Zeng Hsing Industrial Co Ltd (1558) | $8.23 Billion | 5.97% | 0.53x | $159.60 Million |
| Sampo Corp (1604) | $7.48 Billion | 1.91% | 0.73x | $194.91 Million |
| China Electric Manufacturing Corp (1611) | $4.56 Billion | 1.75% | 0.29x | $96.73 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.17 Billion | 4.11% | 0.26x | $126.91 Million |
| Airmate Cayman International Co Ltd (1626) | $2.22 Billion | 22.35% | 2.06x | $26.74 Million |
| Hocheng Corp (1810) | $6.31 Billion | 3.21% | 0.80x | $119.59 Million |
| King Slide Works Co Ltd (2059) | $28.04 Billion | 35.08% | 0.25x | $5.64 Billion |
| Fortune Oriental Co Ltd (2491) | $724.35 Million | 5.40% | 1.92x | $24.92 Million |
| Bedding World Co., Ltd. (2938) | $492.43 Million | 17.07% | 2.01x | $3.06 Million |
| Ado Optronics (3516) | $1.30 Billion | 3.37% | 0.48x | $15.82 Million |