---
title: "Neo-Neon Holdings Limited (01868.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/01868.HK.md"
symbol: "01868.HK"
name: "Neo-Neon Holdings Limited"
industry: "Electrical Components and Equipment"
---

# Neo-Neon Holdings Limited (01868.HK)

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Location | HK Market |
| Website | [www.neo-neon.com](https://www.neo-neon.com) |

## Company Profile

Neo-Neon Holdings Limited, an investment holding company, engages in the manufacture and trading of lighting products in North America, Europe, the People's Republic of China, the rest of Asia, and internationally. The company operates in two segments, PRC Lighting and USA Lighting. It offers lighti...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-15T04:30:11.000Z

**Overall: C (0.42)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 14 / 33 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -1.45% |  |
| Net Profit YoY | 31.45% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.42 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 732.93M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 804.27M |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 1.92% | C |
| Profit Margin | 4.11% | C |
| Gross Margin | 42.03% | B |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -1.45% | D |
| Net Profit YoY | 31.45% | B |
| Total Assets YoY | 4.27% | C |
| Net Assets YoY | 3.91% | C |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 2430.88% | A |
| OCF YoY | -1.45% | D |

#### Operating Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.41 | C |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 12.99% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Neo-Neon Holdings Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "1.92%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.11%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "42.03%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-1.45%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "31.45%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.27%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "3.91%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "2430.88%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-1.45%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "C",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.41",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "12.99%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | TIME INTERCON (HK.1729) | B | A | A | E | A | B |
| 02 | WOER (HK.9981) | B | B | B | C | B | B |
| 03 | SHUANGDENG (HK.6960) | B | B | B | D | A | B |
| 04 | SUN.KING TECH (HK.580) | B | A | B | B | A | B |
| 05 | TEN PAO GROUP (HK.1979) | B | B | A | D | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 21.91 | 11/37 | 24.72 | 22.85 | 19.56 |
| PB | 0.42 | 9/37 | 0.46 | 0.45 | 0.44 |
| PS (TTM) | 0.90 | 19/37 | 0.99 | 0.97 | 0.95 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/01868.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/01868.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/01868.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.