Stocktoria
New Century Logistics (BVI) Ltd NCEW
Nasdaq · XNAS · stock · Arrangement of Transportation of Freight & Cargo · website · IPO 2024-12-18
Chart by TradingView
3/9
Piotroski F — financial health
-3.56
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Financials | |||
| Revenue | $44.1M | $52.2M | $36.1M |
| Gross profit | $162,650 | $4.2M | $3.5M |
| Operating income | -$10.8M | $470,273 | $522,499 |
| Net income | -$10.7M | $220,643 | $454,415 |
| Operating cash flow | -$3.4M | $1.4M | -$2.5M |
| Free cash flow | -$3.5M | — | — |
| Total assets | $14.5M | $18.5M | $15.8M |
| Total liabilities | $9.3M | $12.2M | $9.8M |
| Shareholders' equity | $5.2M | $6.2M | $6.0M |
| Ratios | |||
| Gross margin | 0.4% | 8.1% | 9.7% |
| Operating margin | -24.6% | 0.9% | 1.4% |
| Net margin | -24.2% | 0.4% | 1.3% |
| FCF margin | -7.9% | — | — |
| Return on assets | -73.5% | 1.2% | 2.9% |
| Return on equity | -204.0% | 3.6% | 7.6% |
| Current ratio | 1.47 | 1.46 | 1.48 |
| Revenue growth | -15.5% | 44.6% | — |
Why these scores methodology →
Piotroski F-score: 3/9
- 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″: -3.56 (distress)
- Working capital / assets 0.29
- Retained earnings / assets -0.318
- EBIT / assets -0.746
- Equity / liabilities 0.563
Sector peers
VZ · T · CCZ · UPS · TMUS · FDX · all Transportation & Utilities →
Source: SEC EDGAR filings · CIK 0001968043 · as of 2025-09-30. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.