Provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. Offers trade credit to ship operators. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 13% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
The cash pile is strong; debt and other items pull the grade toward the middle.
The price looks reasonable next to what the company earns.
There is growth, but not at top-of-the-class tempo.
Clearly below the class average.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
Business Quality: Profit power and business quality trail similar companies in the sector.
An investor who bought at the very peak is down 98% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 13% a year on average.
There is $12.5M in the vault; even if every debt were paid off, $10.4M would remain.
It pays out $0.10 per share each year — regular cash for whoever holds the stock.
A loss of $3.0M against $538.5M in annual sales. And on top of that, sales fell from the year before.
Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 17/100. For a turnaround signal, the stock first needs to close the gap with the market.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 48/100.
On our five-subject report card, BANL sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: BANL has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.