NCEW Chart
About

New Century Logistics (BVI) Limited, through its subsidiaries, provides freight forwarding services in Hong Kong. The company offers air and ocean export and import freight forwarding services, including cargo space and pick up, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports; and consultancy services. It is also involved in the provision of ancillary logistics services comprising warehousing and distribution services, such as storage, inventory management, stock take, access to warehousing management systems, pick and pack, labeling, and repackaging services, as well as loading and unloading services; X-ray; and gate charge services. New Century Logistics (BVI) Limited was founded in 2002 and is headquartered in Kwun Tong, Hong Kong.

Fundamentals
Scroll to Statements
Sector Industrials Industry Integrated Freight & Log Market Cap 26.24M
Enterprise Value 30.67M Income -10.67M Sales 44.08M
Book/sh 1.65 Cash/sh 0.20 Dividend Yield
Payout 0.00% Employees 39 IPO
P/E Forward P/E PEG
P/S 0.60 P/B 4.96 P/C
EV/EBITDA -2.85 EV/Sales 0.70 Quick Ratio 1.38
Current Ratio 1.47 Debt/Eq 61.33 LT Debt/Eq
EPS (ttm) -29.68 EPS next Y EPS Growth
Revenue Growth -15.60% Earnings ROA -41.01%
ROE -187.58% ROIC Gross Margin 0.37%
Oper. Margin -39.77% Profit Margin -24.21% Shs Outstand 3.20M
Shs Float 931.26K Short Float 1.77% Short Ratio 2.79
Short Interest 52W High 31.76 52W Low 2.80
Beta Avg Volume 17.33K Volume 2.89K
Target Price Recom None Prev Close $8.80
Price $8.20 Change -6.82%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$9.20
Latest analyst target
3. DCF / Fair value
$13.28
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.20
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-09-302024-09-302023-09-302022-09-30
TaxEffectOfUnusualItems-315.05-38.02K16.42K0.00
TaxRateForCalcs0.000.170.090.16
NormalizedEBITDA-10.46M940.48K638.85K8.65M
TotalUnusualItems-164.50K-230.40K178.63K0.00
TotalUnusualItemsExcludingGoodwill-164.50K-230.40K178.63K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-10.73M220.64K454.42K6.98M
ReconciledDepreciation70.42K217.22K228.37K242.18K
ReconciledCostOfRevenue43.89M47.89M32.55M63.60M
EBITDA-10.62M710.08K817.49K8.65M
EBIT-10.69M492.87K589.12K8.41M
NetInterestIncome-75.96K-119.21K-97.08K-96.32K
InterestExpense58.26K98.03K88.73K81.89K
InterestIncome647.00849.00645.0011.00
NormalizedIncome-10.57M413.02K292.20K6.98M
NetIncomeFromContinuingAndDiscontinuedOperation-10.73M220.64K454.42K6.98M
TotalExpenses54.66M51.44M35.70M66.76M
RentExpenseSupplemental222.06K213.20K212.87K212.87K
TotalOperatingIncomeAsReported-10.84M470.27K522.50K8.24M
DilutedAverageShares360.06K2.66M2.81M2.81M
BasicAverageShares360.06K2.66M2.69M2.69M
DilutedEPS-29.680.080.162.48
BasicEPS-29.680.080.172.60
DilutedNIAvailtoComStockholders-10.73M220.64K454.42K6.98M
NetIncomeCommonStockholders-10.73M220.64K454.42K6.98M
NetIncome-10.73M220.64K454.42K6.98M
NetIncomeIncludingNoncontrollingInterests-10.73M220.64K454.42K6.98M
NetIncomeContinuousOperations-10.73M220.64K454.42K6.98M
TaxProvision-20.59K174.20K45.97K1.35M
PretaxIncome-10.75M394.84K500.39K8.33M
OtherIncomeExpense-94.44K-221.49K220.50K-398.16K
OtherNonOperatingIncomeExpenses70.06K8.91K41.87K18.21K
SpecialIncomeCharges-164.50K-230.40K176.17K0.00
OtherSpecialCharges-12.83K327.17K
WriteOff164.50K243.23K-176.17K0.00
GainOnSaleOfSecurity2.46K
NetNonOperatingInterestIncomeExpense-75.96K-119.21K-97.08K-96.32K
TotalOtherFinanceCost18.34K22.03K9.00K14.44K
InterestExpenseNonOperating58.26K98.03K88.73K81.89K
InterestIncomeNonOperating647.00849.00645.0011.00
OperatingIncome-10.58M735.53K376.97K8.42M
OperatingExpense10.74M3.51M3.11M3.12M
OtherOperatingExpenses-21.64K-165.49K
DepreciationAmortizationDepletionIncomeStatement36.38K179.10K187.26K201.08K
DepreciationAndAmortizationInIncomeStatement36.38K179.10K187.26K201.08K
DepreciationIncomeStatement36.38K179.10K187.26K201.08K
SellingGeneralAndAdministration10.71M3.33M2.94M3.08M
GeneralAndAdministrativeExpense10.71M3.33M2.94M3.08M
OtherGandA1.71M1.20M672.40K474.54K
InsuranceAndClaims85.41K26.62K10.08K30.76K
RentAndLandingFees222.06K213.20K212.87K212.87K
SalariesAndWages8.69M1.89M2.05M2.37M
GrossProfit162.65K4.24M3.48M11.54M
CostOfRevenue43.92M47.93M32.59M63.64M
TotalRevenue44.08M52.18M36.07M75.19M
OperatingRevenue42.50M48.91M33.61M73.35M
Line Item2025-09-302024-09-302023-09-302022-09-30
OrdinarySharesNumber3.20M2.69M2.69M2.69M
ShareIssued3.20M2.69M2.69M2.69M
NetDebt1.99M3.26M2.86M
TotalDebt3.21M5.07M4.82M4.27M
TangibleBookValue5.29M6.21M5.99M11.53M
InvestedCapital7.93M10.13M9.14M13.03M
WorkingCapital4.21M5.36M4.48M9.88M
NetTangibleAssets5.29M6.21M5.99M11.53M
CapitalLeaseObligations568.41K1.15M1.67M2.77M
CommonStockEquity5.29M6.21M5.99M11.53M
TotalCapitalization5.29M6.21M5.99M11.53M
TotalEquityGrossMinorityInterest5.23M6.21M5.99M11.53M
MinorityInterest-57.16K0.00
StockholdersEquity5.29M6.21M5.99M11.53M
RetainedEarnings-4.62M6.06M5.83M11.37M
AdditionalPaidInCapital9.91M153.65K153.65K153.65K
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest9.30M12.24M9.81M11.13M
TotalNonCurrentLiabilitiesNetMinorityInterest316.25K520.11K489.10K1.64M
LongTermDebtAndCapitalLeaseObligation316.25K520.11K489.10K1.64M
LongTermCapitalLeaseObligation316.25K520.11K489.10K1.64M
LongTermDebt220.46K
CurrentLiabilities8.98M11.72M9.32M9.49M
CurrentDebtAndCapitalLeaseObligation2.89M4.55M4.33M2.64M
CurrentCapitalLeaseObligation252.17K629.32K1.18M1.13M
CurrentDebt2.64M3.92M3.15M1.50M
OtherCurrentBorrowings2.43M2.22M1.50M1.67M
LineOfCredit2.64M1.49M934.92K0.00
PayablesAndAccruedExpenses6.09M7.18M4.99M6.85M
CurrentAccruedExpenses328.86K115.00K630.00K0.00
Payables5.76M7.06M4.36M6.85M
OtherPayable46.15K50.58K36.14K76.06K
DuetoRelatedPartiesCurrent0.0030.18K0.00
TotalTaxPayable433.92K462.56K372.91K2.29M
IncomeTaxPayable433.92K462.56K372.91K2.29M
AccountsPayable5.28M6.55M3.92M4.49M
TotalAssets14.53M18.45M15.80M22.65M
TotalNonCurrentAssets1.34M1.37M2.00M3.29M
NonCurrentPrepaidAssets512.82K0.00
NonCurrentDeferredAssets193.21K172.62K118.41K116.51K
NonCurrentDeferredTaxesAssets193.21K172.62K118.41K116.51K
NetPPE630.98K1.20M1.88M3.17M
AccumulatedDepreciation-1.56M-5.69M-4.43M-3.09M
GrossPPE2.19M6.89M6.32M6.27M
Leases855.64K801.16K801.16K801.16K
OtherProperties908.16K5.53M4.96M4.91M
MachineryFurnitureEquipment278.34K278.34K278.34K278.34K
CurrentAssets13.19M17.08M13.80M19.37M
CurrentDeferredAssets0.001.93M1.50M0.00
RestrictedCash320.51K0.00
PrepaidAssets460.36K391.81K328.21K426.85K
Receivables11.77M14.10M11.68M16.45M
OtherReceivables82.08K628.85K999.62K
DuefromRelatedPartiesCurrent0.00783.21K0.005.15M
LoansReceivable0.00218.11K0.00
AccountsReceivable11.77M13.24M11.46M10.66M
AllowanceForDoubtfulAccountsReceivable-551.22K-386.72K-197.93K-369.02K
GrossAccountsReceivable12.32M13.62M11.66M11.03M
CashCashEquivalentsAndShortTermInvestments645.91K659.32K291.32K2.49M
CashAndCashEquivalents645.91K659.32K291.32K2.49M
Line Item2025-09-302024-09-302023-09-302022-09-30
FreeCashFlow-3.47M1.43M-2.49M6.34M
RepaymentOfDebt-3.36M-28.73M-13.50M-424.59K
IssuanceOfDebt2.05M28.86M15.11M0.00
IssuanceOfCapitalStock4.98M0.000.00
CapitalExpenditure-54.49K-462.33K-95.06K
InterestPaidSupplementalData58.26K98.03K77.27K60.90K
IncomeTaxPaidSupplementalData28.65K138.75K1.96M945.87K
EndCashPosition966.42K659.32K291.32K2.49M
BeginningCashPosition659.32K291.32K2.49M1.94M
ChangesInCash307.11K368.00K-2.20M553.54K
FinancingCashFlow3.78M-1.28M502.38K-5.79M
CashFlowFromContinuingFinancingActivities3.78M-1.28M502.38K-5.79M
NetOtherFinancingCharges102.72K-1.42M-1.11M-5.36M
NetCommonStockIssuance4.98M0.000.00
CommonStockIssuance4.98M0.000.00
NetIssuancePaymentsOfDebt-1.31M134.26K1.61M-424.59K
NetShortTermDebtIssuance126.10K551.87K1.87M0.00
ShortTermDebtPayments0.00-27.41M-13.24M0.00
ShortTermDebtIssuance126.10K27.96M15.11M0.00
NetLongTermDebtIssuance-1.44M-417.62K-260.69K-424.59K
LongTermDebtPayments-3.36M-1.32M-260.69K-424.59K
LongTermDebtIssuance1.92M897.44K0.000.00
InvestingCashFlow-54.49K218.11K-218.11K-462.33K
CashFlowFromContinuingInvestingActivities-54.49K218.11K-218.11K-462.33K
NetOtherInvestingChanges218.11K-218.11K
NetPPEPurchaseAndSale-54.49K0.000.00-462.33K
PurchaseOfPPE-54.49K0.000.00-462.33K
OperatingCashFlow-3.42M1.43M-2.49M6.80M
CashFlowFromContinuingOperatingActivities-3.42M1.43M-2.49M6.80M
ChangeInWorkingCapital-399.38K-618.51K-4.10M-1.52M
ChangeInOtherCurrentLiabilities-633.40K-1.17M-1.11M-1.13M
ChangeInPayablesAndAccruedExpense-1.09M2.72M-2.49M-2.95M
ChangeInAccruedExpense209.43K-177.00-9.91K-129.78K
ChangeInPayable-1.30M2.72M-2.48M-2.82M
ChangeInAccountPayable-1.27M2.63M-569.29K-3.24M
ChangeInTaxPayable-28.65K89.66K-1.92M422.13K
ChangeInIncomeTaxPayable-28.65K89.66K-1.92M422.13K
ChangeInPrepaidAssets13.53K-145.69K71.92K46.77K
ChangeInReceivables1.31M-2.02M-565.67K2.51M
ChangesInAccountReceivables1.31M-2.02M-626.95K2.43M
OtherNonCashItems1.15M1.43M1.11M1.12M
StockBasedCompensation6.36M0.000.00
ProvisionandWriteOffofAssets-176.17K0.00
AssetImpairmentCharge164.50K243.23K-176.17K0.00
DeferredTax-20.59K-54.21K-1.90K-22.57K
DeferredIncomeTax-20.59K-54.21K-1.90K-22.57K
DepreciationAmortizationDepletion70.42K217.22K228.37K242.18K
DepreciationAndAmortization70.42K217.22K228.37K242.18K
Depreciation70.42K217.22K228.37K242.18K
NetIncomeFromContinuingOperations-10.73M220.64K454.42K6.98M
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