New Century Logistics (BVI) Limited Ordinary Shares
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 consult… Read more
New Century Logistics (BVI) Limited Ordinary Shares (NCEW) - Net Assets
Latest net assets as of December 2025: $672.52K USD
Based on the latest financial reports, New Century Logistics (BVI) Limited Ordinary Shares (NCEW) has net assets worth $672.52K USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.87 Million) and total liabilities ($1.19 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $672.52K |
| % of Total Assets | 36.01% |
| Annual Growth Rate | -52.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.11 |
New Century Logistics (BVI) Limited Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how New Century Logistics (BVI) Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Century Logistics (BVI) Limited Ordinary Shares (2021–2025)
The table below shows the annual net assets of New Century Logistics (BVI) Limited Ordinary Shares from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $672.52K | -89.17% |
| 2024-09-30 | $6.21 Million | +3.68% |
| 2023-09-30 | $5.99 Million | -48.05% |
| 2022-09-30 | $11.53 Million | -10.14% |
| 2021-09-30 | $12.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Century Logistics (BVI) Limited Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 104.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.27 Million | 187.31% |
| Total Equity | $679.87K | 100.00% |
New Century Logistics (BVI) Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of New Century Logistics (BVI) Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auris Minerals Ltd
AU:AUR
|
$8.57 Million |
|
Swvl Holdings Corp
NASDAQ:SWVL
|
$8.57 Million |
|
Univastu India Limited
NSE:UNIVASTU
|
$8.57 Million |
|
ATA IMS Bhd
KLSE:8176
|
$8.57 Million |
|
Alba Mineral Resources plc
PINK:ALBAF
|
$8.57 Million |
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
$8.57 Million |
|
Allovir Inc
NASDAQ:ALVR
|
$8.56 Million |
|
Born Inc
PINK:BRRN
|
$8.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Century Logistics (BVI) Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,208,972 to 679,867, a change of -5,529,105 (-89.1%).
- Net loss of 1,369,252 reduced equity.
- New share issuances of 4,983,761 increased equity.
- Other factors decreased equity by 9,143,614.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.37 Million | -201.4% |
| Share Issuances | $4.98 Million | +733.05% |
| Other Changes | $-9.14 Million | -1344.91% |
| Total Change | $- | -89.05% |
Book Value vs Market Value Analysis
This analysis compares New Century Logistics (BVI) Limited Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 38.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.93x to 38.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | $4.77 | $9.20 | x |
| 2022-09-30 | $4.10 | $9.20 | x |
| 2023-09-30 | $2.13 | $9.20 | x |
| 2024-09-30 | $2.48 | $9.20 | x |
| 2025-09-30 | $0.24 | $9.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Century Logistics (BVI) Limited Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -201.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.21%
- • Asset Turnover: 3.03x
- • Equity Multiplier: 2.75x
- Recent ROE (-201.40%) is below the historical average (-17.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 43.14% | 7.72% | 2.79x | 2.01x | $4.25 Million |
| 2022 | 60.57% | 9.29% | 3.32x | 1.97x | $5.83 Million |
| 2023 | 7.59% | 1.26% | 2.28x | 2.64x | $-144.42K |
| 2024 | 3.55% | 0.42% | 2.83x | 2.97x | $-400.25K |
| 2025 | -201.40% | -24.21% | 3.03x | 2.75x | $-1.44 Million |
Industry Comparison
This section compares New Century Logistics (BVI) Limited Ordinary Shares's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Century Logistics (BVI) Limited Ordinary Shares (NCEW) | $672.52K | 43.14% | 1.78x | $8.57 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |