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Neo-Neon Holdings (HKSE:01868) Liabilities-to-Assets : 0.14 (As of Dec. 2023)


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What is Neo-Neon Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Neo-Neon Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$278.1 Mil. Neo-Neon Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,987.3 Mil. Therefore, Neo-Neon Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.14.


Neo-Neon Holdings Liabilities-to-Assets Historical Data

The historical data trend for Neo-Neon Holdings's Liabilities-to-Assets 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.

* Premium members only.

Neo-Neon Holdings Liabilities-to-Assets Chart

Neo-Neon Holdings Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.26 0.17 0.14 0.14

Neo-Neon Holdings Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.17 0.17 0.14 0.12 0.14

Competitive Comparison of Neo-Neon Holdings's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Neo-Neon Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neo-Neon Holdings's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Neo-Neon Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Neo-Neon Holdings's Liabilities-to-Assets falls into.



Neo-Neon Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Neo-Neon Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=278.072/1987.266
=0.14

Neo-Neon Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=278.072/1987.266
=0.14

* 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  (HKSE:01868) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Neo-Neon Holdings Liabilities-to-Assets Related Terms

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Neo-Neon Holdings (HKSE:01868) Business Description

Traded in Other Exchanges
Address
188 Des Voeux Road Central, Unit 2101, 21st Floor, Golden Centre, 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; The PRC; Asia (excluding the PRC); and Other countries.
Executives
Resuccess Investments Limited 2101 Beneficial owner
Thtf Energy-saving Holdings Limited 2101 Beneficial owner
Li Pak Wang Daniel 2201 Interest of corporation controlled by you
Tong Fang Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Neo-Neon Holdings (HKSE:01868) Headlines

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