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New Century Logistics (BVI)NCEW +3.77%15 Gross Margin % is 2.68% as of Mar. 2026, which is 72% below its 10-year median of 9.66. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 980 Transportation companies, New Century Logistics (BVI) ranks worse than 95.82% on this metric.
New Century Logistics (BVI) (NAS:NCEW) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
New Century Logistics (BVI) had a gross margin of 2.68% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
New Century Logistics (BVI) Gross Margin % Related Terms
New Century Logistics (BVI) Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NCEW vs JANL, CRGO, SFWL: Gross Margin % Comparison
For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'s Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Century Logistics (BVI) Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Gross Margin % distribution charts can be found below:
* The bar in red indicates where New Century Logistics (BVI)'s Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
New Century Logistics (BVI) (NCEW) has a Gross Margin % of 2.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on New Century Logistics (BVI) and its competitors. This is 72% below median its historical median of 9.66. Over the past decade, New Century Logistics (BVI)'s Gross Margin % has ranged from 0.28 to 15.35. According to the industry distribution chart, New Century Logistics (BVI) ranks #939 out of 980 companies in the Transportation industry, placing it in the top 95.8%.
Is New Century Logistics (BVI)'s Gross Margin % too high?
New Century Logistics (BVI)'s current Gross Margin % of 2.68% is 72% below median its 10-year median of 9.66. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 15.35. The Transportation industry median Gross Margin % is 20.40. New Century Logistics (BVI)'s value of 2.68% is 86.9% below this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #939 out of 980 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s Gross Margin % compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #939 out of 980 companies for Gross Margin %. This places New Century Logistics (BVI) in the lower half of its industry. The industry median Gross Margin % is 20.40. New Century Logistics (BVI)'s value of 2.68% is 86.9% below this benchmark. Historically, New Century Logistics (BVI)'s own Gross Margin % has ranged from 0.28 to 15.35 over the past decade. While the company's 10-year median is 9.66 vs. the industry median of 20.40, New Century Logistics (BVI) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.40, based on 980 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Century Logistics (BVI)'s current Gross Margin % of 2.68% is 86.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on New Century Logistics (BVI) and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current Gross Margin % is 2.68%, which is 72% below median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current Gross Margin % of 2.68%. The current Gross Margin % is 2.68%, which is 72% below median its 10-year median of 9.66 and 86.9% below the Transportation industry median of 20.40. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For New Century Logistics (BVI) (NCEW), the current Gross Margin % is 2.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
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