NEW CENTY LOGISTICS BVI LTD (NCEW) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F/A for FY2025, filed Jun 8, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NCEW SEC filings page.
NEW CENTY LOGISTICS BVI LTD (NCEW) reported $44.1M in revenue for fiscal year 2025, down 15.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A thin-margin logistics model shifted into severe operating losses as gross profit nearly vanished while overhead remained substantial.
Revenue contracted15.5% from FY2024 to FY2025 while gross margin fell to0.4% , indicating the downturn involved near-total loss of spread rather than volume pressure alone. With SG&A at$11.0M against only$163K of gross profit, fixed overhead—not financing cost—dominates the loss.
Operating cash flow swung from
Despite the loss, the current ratio held at 1.5x and debt-to-equity at 1.8x in FY2025, suggesting short-term asset coverage stayed comparatively stable even as returns weakened. The reported liquidity comparison was 2.3 months of annual operating outflow; paired with negative operating cash flow, that indicates little support from internally generated cash.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of NEW CENTY LOGISTICS BVI LTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
NEW CENTY LOGISTICS BVI LTD has an operating margin of -24.6%, meaning the company loses $25 on every $100 of revenue. This results in a profitability score of 15/100. This is down from 0.9% the prior year.
NEW CENTY LOGISTICS BVI LTD's revenue declined 15.5% year-over-year, from $52.2M to $44.1M. This contraction results in a growth score of 66/100.
NEW CENTY LOGISTICS BVI LTD has a moderate D/E ratio of 1.76. This balance of debt and equity financing earns a leverage score of 34/100.
NEW CENTY LOGISTICS BVI LTD's current ratio of 1.47 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
NEW CENTY LOGISTICS BVI LTD's operations used $3.4M of cash, and capex of $54K added to the outflow, for a free cash flow shortfall of $3.5M. This results in a cash flow score of 13/100.
NEW CENTY LOGISTICS BVI LTD posts a -201.8% return on equity (ROE), meaning it loses $202 for every $100 of shareholders' equity. This results in a returns score of 9/100. This is down from 3.5% the prior year.
NEW CENTY LOGISTICS BVI LTD scores 3.83, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($52.0M) relative to total liabilities ($9.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
NEW CENTY LOGISTICS BVI LTD passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
NEW CENTY LOGISTICS BVI LTD reported a net loss of $10.7M while operations used $3.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
NEW CENTY LOGISTICS BVI LTD reported an operating loss of $10.8M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
NEW CENTY LOGISTICS BVI LTD held $646K in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
NCEW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
NCEW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F/A | Q2'256-K | Q4'2420-F/A | Q4'2310-K |
|---|---|---|---|---|
| Total Assets | $14.5M-21.3% | $13.9M | $18.5M+16.8% | $15.8M |
| Current Assets | $13.2M-22.8% | $13.1M | $17.1M+23.8% | $13.8M |
| Cash & Equivalents | $646K-2.0% | $289K | $659K+126.3% | $291K |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Accounts Receivable | $11.8M-11.1% | $10.0M | $13.2M+15.5% | $11.5M |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.3M-24.1% | $6.2M | $12.2M+24.8% | $9.8M |
| Current Liabilities | $9.0M-23.4% | $5.8M | $11.7M+25.8% | $9.3M |
| Non-Current Liabilities | $316K-39.2% | $424K | $520K+6.3% | $489K |
| Total Equity | $5.3M-14.8% | $7.7M | $6.2M+3.7% | $6.0M |
| Retained Earnings | -$4.6M-176.3% | $4.2M | $6.1M+3.8% | $5.8M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
NCEW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
NCEW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| NEW CENTY LOGISTICS BVI LTD NCEW | FY2025 | $44.1M | -$10.7M | -24.2% | $52.0M | 30/100 |
| PS International PSIG | FY2025 | $53.2M | -$15.2M | -28.6% | $30.6M | 22/100 |
| Lakeside Holding Limited LSH | FY2025 | $17.8M | -$5.2M | -29.5% | $10.8M | 34/100 |
| Globavend Holdings GVH | FY2025 | $23.6M | $683K | 2.9% | $2.4M | 70/100 |
| Jayud Global Logistics Limited JYD | FY2025 | $85.5M | -$5.1M | -5.9% | $7.1M | 33/100 |
| Addentax Group ATXG | FY2026 | $5.4M | -$4.5M | -83.2% | $3.9M | 35/100 |
Where NEW CENTY LOGISTICS BVI LTD Ranks
Frequently Asked Questions
What is NEW CENTY LOGISTICS BVI LTD's annual revenue?
NEW CENTY LOGISTICS BVI LTD (NCEW) reported $44.1M in total revenue for fiscal year 2025. This represents a -15.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is NEW CENTY LOGISTICS BVI LTD's revenue growing?
NEW CENTY LOGISTICS BVI LTD (NCEW) revenue declined by 15.5% year-over-year, from $52.2M to $44.1M in fiscal year 2025.
Is NEW CENTY LOGISTICS BVI LTD profitable?
No, NEW CENTY LOGISTICS BVI LTD (NCEW) reported a net income of -$10.7M in fiscal year 2025, with a net profit margin of -24.2%.
What is NEW CENTY LOGISTICS BVI LTD's EBITDA?
NEW CENTY LOGISTICS BVI LTD (NCEW) had EBITDA of -$10.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is NEW CENTY LOGISTICS BVI LTD's gross margin?
NEW CENTY LOGISTICS BVI LTD (NCEW) had a gross margin of 0.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is NEW CENTY LOGISTICS BVI LTD's operating margin?
NEW CENTY LOGISTICS BVI LTD (NCEW) had an operating margin of -24.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is NEW CENTY LOGISTICS BVI LTD's net profit margin?
NEW CENTY LOGISTICS BVI LTD (NCEW) had a net profit margin of -24.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is NEW CENTY LOGISTICS BVI LTD's return on equity (ROE)?
NEW CENTY LOGISTICS BVI LTD (NCEW) has a return on equity of -201.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is NEW CENTY LOGISTICS BVI LTD's free cash flow?
NEW CENTY LOGISTICS BVI LTD (NCEW) recorded an outflow of $3.5M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is NEW CENTY LOGISTICS BVI LTD's operating cash flow?
NEW CENTY LOGISTICS BVI LTD (NCEW) recorded an outflow of $3.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are NEW CENTY LOGISTICS BVI LTD's total assets?
NEW CENTY LOGISTICS BVI LTD (NCEW) had $14.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are NEW CENTY LOGISTICS BVI LTD's capital expenditures?
NEW CENTY LOGISTICS BVI LTD (NCEW) invested $54K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is NEW CENTY LOGISTICS BVI LTD's current ratio?
NEW CENTY LOGISTICS BVI LTD (NCEW) had a current ratio of 1.47 as of fiscal year 2025, which is considered adequate.
What is NEW CENTY LOGISTICS BVI LTD's debt-to-equity ratio?
NEW CENTY LOGISTICS BVI LTD (NCEW) had a debt-to-equity ratio of 1.76 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is NEW CENTY LOGISTICS BVI LTD's return on assets (ROA)?
NEW CENTY LOGISTICS BVI LTD (NCEW) had a return on assets of -73.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is NEW CENTY LOGISTICS BVI LTD's P/E ratio?
NEW CENTY LOGISTICS BVI LTD (NCEW) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $52.0M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is NEW CENTY LOGISTICS BVI LTD's price-to-sales ratio?
NEW CENTY LOGISTICS BVI LTD (NCEW) trades at 1.2x sales, its market capitalization divided by revenue of $44.1M revenue, FY2025. The market capitalization is $52.0M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does NEW CENTY LOGISTICS BVI LTD's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, NEW CENTY LOGISTICS BVI LTD (NCEW) held $646K in cash, cash equivalents and investments, and reported an operating cash outflow of $3.4M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is NEW CENTY LOGISTICS BVI LTD's Altman Z-Score?
NEW CENTY LOGISTICS BVI LTD (NCEW) has an Altman Z-Score of 3.83, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is NEW CENTY LOGISTICS BVI LTD's Piotroski F-Score?
NEW CENTY LOGISTICS BVI LTD (NCEW) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are NEW CENTY LOGISTICS BVI LTD's earnings high quality?
NEW CENTY LOGISTICS BVI LTD (NCEW) reported a net loss of $10.7M while operations used $3.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can NEW CENTY LOGISTICS BVI LTD cover its interest payments?
NEW CENTY LOGISTICS BVI LTD (NCEW) reported an operating loss of $10.8M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is NEW CENTY LOGISTICS BVI LTD?
NEW CENTY LOGISTICS BVI LTD (NCEW) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.