New Century Logistics (BVI) Limited Ordinary Shares (NCEW) - Net Assets
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. Check New Century Logistics (BVI) Limited Ordi (NCEW) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore New Century Logistics (BVI) Limited Ordi balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see New Century Logistics (BVI) Limited Ordi market cap and net worth.
| 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 |
|---|---|
|
Canacol Energy Ltd.
TO:CNE
|
$37.76 Million |
|
Hizeaero Co. Ltd
KQ:221840
|
$37.77 Million |
|
NEW STRATUS ENERGY
F:80N
|
$37.77 Million |
|
Slj Global Tbk
JK:SULI
|
$37.78 Million |
|
Locksley Resources Ltd
AU:LKY
|
$37.75 Million |
|
Redwood Group Ltd
TWO:8426
|
$37.75 Million |
|
OCR Group Bhd
KLSE:7071
|
$37.75 Million |
|
Lien Chang Electronic Enterprise Co Ltd
TW:2431
|
$37.74 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: 67.96x
- 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 3.36x to 67.96x 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 | $16.04 | x |
| 2022-09-30 | $4.10 | $16.04 | x |
| 2023-09-30 | $2.13 | $16.04 | x |
| 2024-09-30 | $2.48 | $16.04 | x |
| 2025-09-30 | $0.24 | $16.04 | 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: $160,220,346
- Average return on equity (ROE) among peers: 1.22%
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 | $37.76 Million |
| Addentax Group Corp (ATXG) | $26.05 Million | -11.94% | 1.01x | $4.01 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $7.50 Million | 5.37% | 0.19x | $13.00 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.35 Billion | 69.49% | 3.40x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $790.01K | 6.89% | 0.15x | $5.25 Million |
| Callan JMB Inc. Common Stock (CJMB) | $14.01 Million | 44.40% | 0.09x | $6.25 Million |
| Freightos Limited Ordinary shares (CRGO) | $21.66 Million | -114.04% | 0.93x | $100.01 Million |
| Cheetah Net Supply Chain Service Inc. Class A Common Stock (CTNT) | $-170.43K | 0.00% | 0.00x | $5.37 Million |
| Cryoport Inc (CYRX) | $-1.96 Million | 0.00% | 0.00x | $391.54 Million |
| Eastern International Ltd. (ELOG) | $9.05 Million | -10.34% | 1.26x | $10.51 Million |
| Expeditors International of Washington, Inc. (EXPD) | $171.85 Million | 22.35% | 1.00x | $19.44 Billion |
About 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