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Neo-Neon Holdings

SEHK:1868
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1868
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Neo-Neon Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of lighting products in North America, Europe, the People's Republic of China, rest of Asia, and internationally. The last earnings update was 83 days ago. More info.


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1868 Share Price and Events
7 Day Returns
0%
SEHK:1868
-1.3%
HK Electrical
1.5%
HK Market
1 Year Returns
-21.8%
SEHK:1868
-27.9%
HK Electrical
-4.7%
HK Market
1868 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neo-Neon Holdings (1868) 0% 0% -7.6% -21.8% -40.2% -61.1%
HK Electrical -1.3% -4.4% -19.5% -27.9% -33.5% -36.2%
HK Market 1.5% 3.9% -8.2% -4.7% 18.3% 3.4%
1 Year Return vs Industry and Market
  • 1868 outperformed the Electrical industry which returned -27.9% over the past year.
  • 1868 underperformed the Market in Hong Kong which returned -4.7% over the past year.
Price Volatility
1868
Industry
5yr Volatility vs Market

Value

 Is Neo-Neon Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Neo-Neon Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.61.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Neo-Neon Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neo-Neon Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1868 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.07
SEHK:1868 Share Price ** SEHK (2019-07-17) in HKD HK$0.61
SEHK:1868 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.54
Hong Kong Electrical Industry PE Ratio Median Figure of 23 Publicly-Listed Electrical Companies 10.72x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.75x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Neo-Neon Holdings.

SEHK:1868 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1868 Share Price ÷ EPS (both in CNY)

= 0.54 ÷ 0.07

7.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neo-Neon Holdings is good value based on earnings compared to the HK Electrical industry average.
  • Neo-Neon Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Neo-Neon Holdings's expected growth come at a high price?
Raw Data
SEHK:1868 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.7%per year
Hong Kong Electrical Industry PEG Ratio Median Figure of 9 Publicly-Listed Electrical Companies 0.96x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Neo-Neon Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Neo-Neon Holdings's assets?
Raw Data
SEHK:1868 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.81
SEHK:1868 Share Price * SEHK (2019-07-17) in HKD HK$0.61
SEHK:1868 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.54
Hong Kong Electrical Industry PB Ratio Median Figure of 34 Publicly-Listed Electrical Companies 0.63x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:1868 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1868 Share Price ÷ Book Value per Share (both in CNY)

= 0.54 ÷ 0.81

0.66x

* Primary Listing of Neo-Neon Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neo-Neon Holdings is overvalued based on assets compared to the HK Electrical industry average.
X
Value checks
We assess Neo-Neon Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Neo-Neon Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Neo-Neon Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Neo-Neon Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neo-Neon Holdings expected to grow at an attractive rate?
  • Neo-Neon Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Neo-Neon Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Neo-Neon Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1868 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1868 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.7%
Hong Kong Electrical Industry Earnings Growth Rate Market Cap Weighted Average 8.2%
Hong Kong Electrical Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -7.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1868 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1868 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1868 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 694 -173 146
2018-09-30 685 -117 96
2018-06-30 675 -76 45
2018-03-31 671 -86 83
2017-12-31 666 -80 120
2017-09-30 656 -73 118
2017-06-30 646 -67 116
2017-03-31 629 -31 64
2016-12-31 611 5 12
2016-09-30 629 -8 11
2016-06-30 647 -20 10
2016-03-31 625 -32 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Neo-Neon Holdings's earnings are expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Neo-Neon Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1868 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Neo-Neon Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1868 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1868 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.07
2018-09-30 0.05
2018-06-30 0.02
2018-03-31 0.04
2017-12-31 0.06
2017-09-30 0.06
2017-06-30 0.06
2017-03-31 0.03
2016-12-31 0.01
2016-09-30 0.01
2016-06-30 0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Neo-Neon Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Neo-Neon Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Neo-Neon Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Neo-Neon Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Neo-Neon Holdings's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Neo-Neon Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Neo-Neon Holdings's 1-year earnings growth is less than its 5-year average (21.1% vs 82.7%)
  • Neo-Neon Holdings's earnings growth has exceeded the HK Electrical industry average in the past year (21.1% vs -3.4%).
Earnings and Revenue History
Neo-Neon Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Neo-Neon Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1868 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 693.70 145.79 266.22
2018-09-30 684.59 95.53 249.07
2018-06-30 675.49 45.26 231.93
2018-03-31 670.61 82.82 225.14
2017-12-31 665.72 120.38 218.35
2017-09-30 656.06 118.07 212.57
2017-06-30 646.39 115.76 206.79
2017-03-31 628.82 63.77 206.18
2016-12-31 611.24 11.78 205.57
2016-09-30 629.14 11.07 209.60
2016-06-30 647.04 10.37 213.64
2016-03-31 624.74 8.09 218.89
2015-12-31 602.44 5.82 224.13
2014-12-31 744.23 -261.40 257.89
2014-09-30 648.13 -697.67 241.27
2014-06-30 656.23 -677.66 229.55
2014-03-31 670.74 -659.42 219.20
2013-12-31 654.62 -625.13 220.66
2013-09-30 659.96 -608.27 230.05
2013-06-30 658.54 -549.38 237.52
2013-03-31 662.21 -493.90 246.94
2012-12-31 665.25 -779.64 240.33
2012-09-30 670.86 -1,071.96 234.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Neo-Neon Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Neo-Neon Holdings used its assets more efficiently than the HK Electrical industry average last year based on Return on Assets.
  • It is difficult to establish if Neo-Neon Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Neo-Neon Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Neo-Neon Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Neo-Neon Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Neo-Neon Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neo-Neon Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Neo-Neon Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Neo-Neon Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Neo-Neon Holdings Company Filings, last reported 6 months ago.

SEHK:1868 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,706.80 577.32 424.75
2018-09-30 1,706.80 577.32 424.75
2018-06-30 1,458.39 355.74 693.12
2018-03-31 1,458.39 355.74 693.12
2017-12-31 1,433.80 70.24 799.82
2017-09-30 1,433.80 70.24 799.82
2017-06-30 1,469.59 208.87 561.70
2017-03-31 1,469.59 208.87 561.70
2016-12-31 1,209.95 110.97 647.36
2016-09-30 1,209.95 110.97 647.36
2016-06-30 1,185.74 107.97 589.84
2016-03-31 1,185.74 107.97 589.84
2015-12-31 1,163.48 95.13 615.66
2014-12-31 1,136.76 112.78 674.81
2014-09-30 1,173.78 167.60 769.91
2014-06-30 1,191.38 170.11 781.45
2014-03-31 625.17 175.01 89.43
2013-12-31 617.94 173.13 88.51
2013-09-30 1,152.99 208.14 190.07
2013-06-30 1,156.78 208.83 190.69
2013-03-31 1,263.53 458.38 244.55
2012-12-31 1,269.09 460.40 245.62
2012-09-30 1,769.92 418.78 242.63
  • Neo-Neon Holdings's level of debt (33.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (28% vs 33.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Neo-Neon Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Neo-Neon Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Neo-Neon Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Neo-Neon Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Neo-Neon Holdings dividends.
If you bought HK$2,000 of Neo-Neon Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Neo-Neon Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Neo-Neon Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1868 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electrical Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1868 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1868 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2012-12-07 0.000 0.000
2012-11-28 0.000 0.000
2012-07-09 0.000 0.000
2012-06-25 0.000 0.000
2011-11-28 0.000 0.000
2011-06-29 0.049 3.655
2010-04-19 0.041 1.280
2009-09-14 0.022 0.478
2009-04-27 0.040 1.736
2009-04-17 0.040 2.693
2008-09-25 0.060 5.218

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Neo-Neon Holdings has not reported any payouts.
  • Unable to verify if Neo-Neon Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Neo-Neon Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Neo-Neon Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Neo-Neon Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Neo-Neon Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neo-Neon Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Neo-Neon Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Han Seah
COMPENSATION CN¥6,130,000
AGE 55
TENURE AS CEO 4.9 years
CEO Bio

Mr. Han Leong Seah has been the Chief Executive Officer and President at Neo-Neon Holdings Limited since August 26, 2014 and has been its Executive Director since August 25, 2014. Mr. Seah was the Chief Operating Officer at Technovator International Limited since September 8, 2011 until February 7, 2018. He served as the Managing Director of Technovator Int Pte Ltd. Mr. Seah worked for more than 17 years in different parts of Asia with different management positions. He served as the Managing Director of TAC Asia and the SBU Manager of Honeywell. Mr. Seah is responsible for the day-to-day operations and general management of the Group. He was appointed a Director on 25 May 2005 and was re-designated as an executive Director on 12 April 2011. Mr. Seah joined Honeywell Southeast Asia in 1990 and worked in various sales management positions covering different countries. In 1994, he was transferred to Honeywell China Inc. and his last position with Honeywell was the sales manager covering the Greater China market. He was also the managing director of TAC Controls Asia Pte Ltd from 1998 to 2005. He was Executive Director of Technovator International Limited., since May 25, 2005 until February 7, 2018. Mr. Seah was recognized as the key personnel of the Asia Pacific management team of TAC Controls Asia Pte Ltd. He received various awards including Winners Club Award by Honeywell Asia Pacific Inc. and President's Club Award by Honeywell Inc. He received a certificate for attending the INSEAD-T.A.C. Management Development Program from INSEAD Fontainbleau, France in 2003 and Technician Diploma in Electronics and Communication Engineering from Singapore Polytechnic in 1984.

CEO Compensation
  • Han's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Han's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Neo-Neon Holdings management team in years:

3.5
Average Tenure
49
Average Age
  • The tenure for the Neo-Neon Holdings management team is about average.
Management Team

Han Seah

TITLE
President
COMPENSATION
CN¥6M
AGE
55
TENURE
4.9 yrs

P. W. Li

TITLE
Executive Director
COMPENSATION
CN¥2M
AGE
47
TENURE
1.2 yrs

Kai Fu

TITLE
CFO & Chief Accountant
AGE
44
TENURE
3.8 yrs

Jann Jang

TITLE
Assistant President
AGE
65

Hui Lai Xu

TITLE
Assistant President
AGE
47

Chien Cheng

TITLE
Assistant President
AGE
51

Jian Zhai

TITLE
Assistant President
AGE
52

Lok Wai Leung

TITLE
Company Secretary
AGE
43
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Neo-Neon Holdings board of directors in years:

4.9
Average Tenure
55
Average Age
  • The tenure for the Neo-Neon Holdings board of directors is about average.
Board of Directors

Yu Huang

TITLE
Chairman of the Board
AGE
50
TENURE
3 yrs

Han Seah

TITLE
President
COMPENSATION
CN¥6M
AGE
55
TENURE
4.9 yrs

P. W. Li

TITLE
Executive Director
COMPENSATION
CN¥2M
AGE
47
TENURE
1.2 yrs

Anthony Fan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥208K
AGE
59
TENURE
4.9 yrs

Tim Liu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥205K
AGE
57
TENURE
4.9 yrs

Ming Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥205K
AGE
51
TENURE
4.9 yrs

Anthony Fan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥205K
AGE
59
TENURE
4.9 yrs

Liang Wang

TITLE
Non-Executive Director
AGE
54
TENURE
4.9 yrs

Wei Liu

TITLE
Non-Executive Director
AGE
56
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Neo-Neon Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Neo-Neon Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Neo-Neon Holdings Limited's (HKG:1868) P/E Ratio Really That Good?

We'll look at Neo-Neon Holdings Limited's (HKG:1868) P/E ratio and reflect on what it tells us about the company's share price. … The formula for P/E is: Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) Or for Neo-Neon Holdings: P/E of 7.74 = CN¥0.54 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.070 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? … SEHK:1868 Price Estimation Relative to Market, July 10th 2019 Its relatively low P/E ratio indicates that Neo-Neon Holdings shareholders think it will struggle to do as well as other companies in its industry classification.

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Could The Neo-Neon Holdings Limited (HKG:1868) Ownership Structure Tell Us Something Useful?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Neo-Neon Holdings is a smaller company with a market capitalization of HK$1.3b, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Neo-Neon Holdings SEHK:1868 Ownership Summary, June 12th 2019 What Does The Lack Of Institutional Ownership Tell Us About Neo-Neon Holdings? … Insider Ownership Of Neo-Neon Holdings While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

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Investors Who Bought Neo-Neon Holdings (HKG:1868) Shares Five Years Ago Are Now Down 61%

For example, after five long years the Neo-Neon Holdings Limited (HKG:1868) share price is a whole 61% lower. … During five years of share price growth, Neo-Neon Holdings moved from a loss to profitability. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

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How Do Neo-Neon Holdings Limited’s (HKG:1868) Returns On Capital Compare To Peers?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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Here's What Neo-Neon Holdings Limited's (HKG:1868) P/E Is Telling Us

Based on the last twelve months, Neo-Neon Holdings's P/E ratio is 28.48. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 28.48 = CN¥0.61 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.022

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Should You Be Worried About Neo-Neon Holdings Limited's (HKG:1868) 3.1% Return On Equity?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Neo-Neon Holdings has a return on equity of 3.1% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Is Neo-Neon Holdings Limited's (HKG:1868) Balance Sheet Strong Enough To Weather A Storm?

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

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What Kind Of Shareholder Appears On The Neo-Neon Holdings Limited's (HKG:1868) Shareholder Register?

A look at the shareholders of Neo-Neon Holdings Limited (HKG:1868) can tell us which group is most powerful. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Neo-Neon Holdings is not a large company by global standards.

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Don't Sell Neo-Neon Holdings Limited (HKG:1868) Before You Read This

Neo-Neon Holdings has a price to earnings ratio of 26.45, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 26.45 = CN¥0.57 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.022

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Is Neo-Neon Holdings Limited (HKG:1868) A Financially Sound Company?

Neo-Neon Holdings Limited (HKG:1868) is a small-cap stock with a market capitalization of HK$1.4b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is.

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Company Info

Description

Neo-Neon Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of lighting products in North America, Europe, the People's Republic of China, rest of Asia, and internationally. The company offers decorative lighting products, including neon flex, tape light, LED light string, duralight, party light, LED flexible wall washer, LED dewdrop light, and vintage style and other products. It also provides asset management, investment advisory, and securities brokerage services; and trades in lighting products. The company was founded in 1978 and is headquartered in Wanchai, Hong Kong. Neo-Neon Holdings Limited is a subsidiary of THTF Energy Saving Holdings Limited.

Details
Name: Neo-Neon Holdings Limited
1868
Exchange: SEHK
Founded: 1978
HK$1,298,593,358
2,094,505,417
Website: http://www.neo-neon.com
Address: Neo-Neon Holdings Limited
Allied Kajima Building,
15th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1868 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Dec 2006
DB N2L Ordinary Shares Deutsche Boerse AG DE EUR 15. Dec 2006
TSEC 911868 TDR EACH REPR 0.5 ORD SHS Taiwan Stock Exchange TW TWD 22. Dec 2009
Number of employees
Current staff
Staff numbers
1,200
Neo-Neon Holdings employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 12:47
End of day share price update: 2019/07/17 00:00
Last estimates confirmation: 2017/04/27
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.