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New Century Logistics (BVI) Ltd NCEW
New Century Logistics (BVI) Ltd (NCEW) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 1.84% (safety: no dividend). FY2025 revenue was $44.1M at a -24.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.29 |
| Retained earnings / assets | -0.318 |
| EBIT / assets | -0.746 |
| Equity / liabilities | 0.569 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NCEW | New Century Logistics (BVI) Ltd | 3/9 | -3.55 | — | -15.5% |
| PSIG | PS International Group Ltd. | 2/9 | -3.35 | — | -39% |
| GVH | Globavend Holdings Ltd | 5/9 | 15.36 | 12.3 | +42.5% |
| VNTG | Vantage Corp (Singapore) | 1/9 | 1.7 | — | -4.4% |
| LSH | Lakeside Holding Ltd | 3/9 | -2.98 | — | -2.9% |
| FRGT | Freight Technologies, Inc. | 3/9 | -16.04 | — | -4.9% |
| JYD | Jayud Global Logistics Ltd | 4/9 | -0.91 | — | +8.7% |
All Transportation & Utilities companies →
About New Century Logistics (BVI) Ltd
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.
FAQ
Is NCEW financially healthy?
New Century Logistics (BVI) Ltd's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does NCEW pay a dividend, and is it safe?
Yes. New Century Logistics (BVI) Ltd pays a dividend yielding about 1.84% with a None payout ratio, rated “no dividend” for safety.
How profitable is NCEW?
In FY2025, New Century Logistics (BVI) Ltd had a net margin of -24.2% and a return on equity of -201.8%.
Is NCEW a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on New Century Logistics (BVI) Ltd: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone, a dividend yield of 1.84%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.