NCEW — Stock Film
STOCK FILMSCENE 1/11NCEW · $18.93
Stock Expert AI presents
NCEW
New Century Logistics (BVI) Limited
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
New Century Logistics (BVI) Limited. What it actually does.

Provides air and ocean export freight forwarding services. Offers air and ocean import freight forwarding services. Now — the numbers.

on the stock market since 2024
39 employees
$60.6M market value
Revenue last year:
$5.7M
The loss that same year:
$10.7M
For every $1 it earns, the company spends $3.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales have been shrinking.

An average decline of 47% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$71.7M
2021
2022
2023
2024
$5.7M
2025
In the vault right now:
$124K
DEBT: $412K
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
10.7×

This company is not turning a profit, so the market is pricing its sales instead: 10.7× for every dollar of annual revenue.

No analyst target is on record for this company.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
The shares trade freely10/10
WEAK SPOTS
Sales are shrinking2/10
Each sale is made at a loss3/10
Costs eat into the margin4/10
WORTH WATCHING

Revenue Growth: Sales are going backwards, not just slowing.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 47% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/1
The product is selling

Sales run at $5.7M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/2
Small sales, big loss

A loss of $10.7M against $5.7M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
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Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film