Smart Logistics Global (SLGB) 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 Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLGB SEC filings page.
Smart Logistics Global Limited (SLGB) reported $89.9M in revenue for fiscal year 2025, down 3.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 (20-F and 6-K reports).
Revenue stayed near its prior scale, but overhead expansion erased gross profit and turned the business into a cash-consuming operation.
The key break was below gross profit: FY2025 gross profit rose11.3% while SG&A rose182.5% , so a modest gross-profit improvement was overwhelmed by overhead. Operating income consequently moved from a$1.6M profit to a$2.0M loss, linking the earnings reversal to cost structure rather than direct-cost pressure.
Cash conversion broke sharply: operating cash flow fell
The balance sheet expanded without added liability burden: assets rose
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 Smart Logistics Global Limited'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.
Smart Logistics Global Limited has an operating margin of -2.3%, meaning the company loses $2 on every $100 of revenue. This results in a profitability score of 24/100. This is down from 1.7% the prior year.
Smart Logistics Global Limited's revenue declined 3.3% year-over-year, from $92.9M to $89.9M. This contraction results in a growth score of 17/100.
With a current ratio of 2.33, Smart Logistics Global Limited holds $2.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 67/100.
Smart Logistics Global Limited's operations used $5.8M of cash, and capex of $43K added to the outflow, for a free cash flow shortfall of $5.9M. This results in a cash flow score of 23/100.
Smart Logistics Global Limited posts a -13.4% return on equity (ROE), meaning it loses $13 for every $100 of shareholders' equity. This results in a returns score of 19/100. This is down from 7.8% the prior year.
Smart Logistics Global Limited scores 4.88, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $89.9M against total assets of $28.2M. 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.
Smart Logistics Global Limited passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Smart Logistics Global Limited reported a net loss of $2.6M while operations used $5.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Smart Logistics Global Limited reported an operating loss of $2.0M against $171K 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
Smart Logistics Global Limited generated $89.9M in revenue in fiscal year 2025. This represents a decrease of 3.3% from the prior year.
Smart Logistics Global Limited's EBITDA was -$1.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 200.2% from the prior year.
Smart Logistics Global Limited reported a net loss of $2.6M in fiscal year 2025. This represents a decrease of 319.4% from the prior year.
Smart Logistics Global Limited earned -$0.06 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 313.6% from the prior year.
Cash & Balance Sheet
Smart Logistics Global Limited recorded an outflow of $5.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 447.3% from the prior year.
Smart Logistics Global Limited held $450K in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Smart Logistics Global Limited's gross margin was 4.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.
Smart Logistics Global Limited's operating margin was -2.3% in fiscal year 2025, reflecting core business profitability. This is down 3.9 percentage points from the prior year.
Smart Logistics Global Limited's net profit margin was -2.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.2 percentage points from the prior year.
Smart Logistics Global Limited's ROE was -13.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 21.1 percentage points from the prior year.
Capital Allocation
Smart Logistics Global Limited invested $43K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 28.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SLGB 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.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Revenue | $89.9M-3.3% | $92.9M-6.6% | $99.5M |
| Cost of Revenue | $85.7M-3.9% | $89.1M-6.7% | $95.6M |
| Gross Profit | $4.2M+11.3% | $3.8M-4.3% | $3.9M |
| SG&A Expenses | $6.2M+182.5% | $2.2M-9.0% | $2.4M |
| Operating Income | -$2.0M-229.4% | $1.6M+3.0% | $1.5M |
| EBITDA | -$1.8M-200.2% | $1.8M-1.9% | $1.8M |
| Interest Expense | $171K | N/A | N/A |
| Income Tax | $394K-35.9% | $615K-26.5% | $837K |
| Net Income | -$2.6M-319.4% | $1.2M-10.2% | $1.3M |
| EPS (Basic) | -$0.06-313.6% | $0.03-7.1% | $0.03 |
| EPS (Diluted) | -$0.06-313.6% | $0.03-7.1% | $0.03 |
| Diluted Shares (Avg) | 40M+0.9% | 40M0.0% | 40M |
Not reported in any period shown, so not listed: R&D Expenses.
SLGB 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 | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Total Assets | $28.2M+17.5% | $24.0M | N/A |
| Current Assets | $18.5M+38.9% | $13.3M | N/A |
| Cash & Equivalents | $450K-68.8% | $1.4M-25.3% | $1.9M |
| Short-Term Investments | $0n/m | $0n/m | $0 |
| Inventory | $15K-66.3% | $46K | N/A |
| Accounts Receivable | $1.0M-53.1% | $2.2M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0 |
| Total Liabilities | $8.7M-0.6% | $8.8M | N/A |
| Current Liabilities | $7.9M+5.1% | $7.6M | N/A |
| Non-Current Liabilities | $792K-35.9% | $1.2M | N/A |
| Total Equity | $19.5M+28.0% | $15.2M-29.3% | $21.5M |
| Retained Earnings | $10.9M-16.2% | $13.0M | N/A |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
SLGB 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.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Operating Cash Flow | -$5.8M-438.1% | $1.7M-68.3% | $5.4M |
| Depreciation & Amortization | $219K-8.0% | $238K-25.3% | $319K |
| Stock-Based Compensation | $3.9M | N/A | N/A |
| Capital Expenditures | $43K+28.4% | $33K-98.3% | $1.9M |
| Free Cash Flow | -$5.9M-447.3% | $1.7M-52.2% | $3.5M |
| Investing Cash Flow | -$43K-100.9% | $4.8Mn/m | -$8.0M |
| Financing Cash Flow | $4.8Mn/m | -$6.5M-299.3% | $3.2M |
| Dividends Paid | N/A | $6.2M | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
SLGB 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.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Gross Margin | 4.7%+0.6pp | 4.1%+0.1pp | 4.0% |
| Operating Margin | -2.3%-3.9pp | 1.7%+0.2pp | 1.5% |
| Net Margin | -2.9%-4.2pp | 1.3%0.0pp | 1.3% |
| Return on Equity | -13.4%-21.1pp | 7.8%+1.6pp | 6.1% |
| Return on Assets | -9.2%-14.2pp | 4.9% | N/A |
| Current Ratio | 2.33+0.6x | 1.76 | N/A |
| Liabilities-to-Equity | 0.45-0.1x | 0.58 | N/A |
| Asset Turnover | 3.19-0.7x | 3.87 | N/A |
| FCF Margin | -6.5%-8.3pp | 1.8%-1.7pp | 3.5% |
Not reported in any period shown, so not listed: Debt-to-Equity.
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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Smart Logistics Global Limited SLGB | FY2025 | $89.9M | -$2.6M | -2.9% | $13.7M | 36/100 |
| Jayud Global Logistics Limited JYD | FY2025 | $85.9M | -$5.1M | -5.9% | $13.5M | 41/100 |
| Shengfeng Development Limited SFWL | FY2025 | $572.5M | $11.9M | 2.1% | $22.1M | 59/100 |
| Eastern International Ltd. ELOG | FY2026 | $45.6M | -$1.2M | -2.5% | $9.2M | 45/100 |
| Armlogi Holding Corp. BTOC | FY2026 | $185.8M | -$20.9M | -11.2% | $6.3M | 18/100 |
| Addentax Group Corp. ATXG | FY2026 | $5.4M | -$4.5M | -83.2% | $5.0M | 67/100 |
Where Smart Logistics Global Limited Ranks
Frequently Asked Questions
Smart Logistics Global Limited (SLGB) reported $89.9M in total revenue for fiscal year 2025. This represents a -3.3% 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.
Smart Logistics Global Limited (SLGB) revenue declined by 3.3% year-over-year, from $92.9M to $89.9M in fiscal year 2025.
No, Smart Logistics Global Limited (SLGB) reported a net loss of $2.6M in fiscal year 2025, with a net profit margin of -2.9%.
Smart Logistics Global Limited (SLGB) had EBITDA of -$1.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Smart Logistics Global Limited (SLGB) had a gross margin of 4.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Smart Logistics Global Limited (SLGB) had an operating margin of -2.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Smart Logistics Global Limited (SLGB) had a net profit margin of -2.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Smart Logistics Global Limited (SLGB) has a return on equity of -13.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Smart Logistics Global Limited (SLGB) recorded an outflow of $5.9M in free cash flow during fiscal year 2025. This represents a -447.3% change compared to the previous fiscal year. 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.
Smart Logistics Global Limited (SLGB) recorded an outflow of $5.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Smart Logistics Global Limited (SLGB) had $28.2M in total assets as of fiscal year 2025, including both current and long-term assets.
Smart Logistics Global Limited (SLGB) invested $43K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Smart Logistics Global Limited (SLGB) had a current ratio of 2.33 as of fiscal year 2025, which is generally considered healthy.
Smart Logistics Global Limited (SLGB) had a liabilities-to-equity ratio of 0.45 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Smart Logistics Global Limited (SLGB) had a return on assets of -9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Smart Logistics Global Limited (SLGB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $13.7M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Smart Logistics Global Limited (SLGB) trades at 0.2x sales, its market capitalization divided by $89.9M revenue, FY2025. The market capitalization is $13.7M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2025, Smart Logistics Global Limited (SLGB) held $450K in cash, cash equivalents and investments, and reported an operating cash outflow of $5.8M over that year. Dividing the one by the other, the reported balance equals about 1 month 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.
Smart Logistics Global Limited (SLGB) has an Altman Z-Score of 4.88, 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.
Smart Logistics Global Limited (SLGB) has a Piotroski F-Score of 2 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.
Smart Logistics Global Limited (SLGB) reported a net loss of $2.6M while operations used $5.8M 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.
Smart Logistics Global Limited (SLGB) reported an operating loss of $2.0M against $171K 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.
Smart Logistics Global Limited (SLGB) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average 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.