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New Century Logistics (BVI) Limited Ordinary Shares(NCEW)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NCEW
10/02/2026: NCEW (2-star) is currently NOT-A-BUY. Pass it for now.
New Century Logistics (BVI) Limited is a niche player in the international freight and supply chain services industry. The company is known for its focused approach to cross-border logistics and its ability to maintain agility within specific trade corridors. Its primary growth opportunity lies in the digital transformation of its shipping processes and potential expansion into emerging markets. However, the company faces stiff competitive risks from global logistics conglomerates and is vulnerable to fluctuations in global trade and fuel costs. The stock may best suit investors looking for exposure to logistics with a higher tolerance for the risks inherent in a smaller-cap service firm.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth potential is tied to macroeconomic trade factors which can be unpredictable. |
| Momentum investor | Weak fit | The stock often lacks the high-volume trading and volatility cycles favored by momentum strategies. |
| Value investor | Mixed fit | Valuation depends on long-term earnings sustainability in a competitive industry. |
| Dividend investor | Weak fit | The company does not have a track record of consistent dividend payments. |
| Low-risk investor | Weak fit | Exposure to logistics and trade cycles introduces volatility that may not suit low-risk profiles. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Logistics stocks are sensitive to fuel costs and global demand shifts. |
| Valuation risk | Medium | Market pricing of niche logistics firms can fluctuate based on broader economic sentiment. |
| Competition risk (Logistics) | High | The company faces immense pressure from global giants with superior economies of scale. |
| Business quality | Medium | Operational success is heavily dependent on execution within volatile trade routes. |
| Dividend income | Low / none | Income investors will likely find little support from the company's capital allocation. |
| Execution risk | Medium / high | Complexity in supply chain management leaves little room for operational error. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 163.78% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 54.14M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 630.0 shares | Beta 0.58 | 52 Weeks Range 2.80 - 20.83 | Updated Date 10/02/2026 |
52 Weeks Range 2.80 - 20.83 | Updated Date 10/02/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -3.09 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Freight Forwarding | Commission and service fees for arranging cargo movement across air, sea, and land. | They make money by acting as a middleman in the complex process of moving goods internationally. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 57.17M | Price to Sales(TTM) 1.06 |
Enterprise Value 57.17M | Price to Sales(TTM) 1.06 | ||
Enterprise Value to Revenue 1.12 | Enterprise Value to EBITDA 24.4 | Shares Outstanding 3.20M | Shares Floating 643.74K |
Shares Outstanding 3.20M | Shares Floating 643.74K | ||
Percent Insiders 87.7 | Percent Institutions 0.01 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About New Century Logistics (BVI) Limited Ordinary Shares
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2024-12-18 | Executive Chairman & CEO Mr. Ching Shun Ngan | ||
Sector Industrials | Industry Integrated Freight & Logistics | Full time employees 39 | Website https://www.nclogistics.com.hk |
Full time employees 39 | Website https://www.nclogistics.com.hk | ||
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.
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