LC Logistics (HKSE:02490) Net Current Asset Value: HK$0.60 (As of Dec. 2025) — 95% Below Median

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HKSE:02490 LC Logistics Inc HKSE:02490
41 GF Score
Price HK$4.78
! 4 Warning Signs
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What is LC Logistics Net Current Asset Value?

LC Logistics HKSE:02490 -2.35% 41 Net Current Asset Value is HK$0.60 as of Dec. 2025, which is 100% below its 10-year median of 12.04. GuruFocus rates HKSE:02490 with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 360 Transportation companies, LC Logistics ranks worse than 69.44% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

LC Logistics's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.60.

The historical rank and industry rank for LC Logistics's Net Current Asset Value or its related term are showing as below:

HKSE:02490' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.42   Med: 12.04   Max: 12.67
Current: 7.97

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of LC Logistics was 12.67. The lowest was 7.42. And the median was 12.04.

HKSE:02490's Price-to-Net-Current-Asset-Value is ranked worse than
69.44% of 360 companies
in the Transportation industry
Industry Median: 4 vs HKSE:02490: 7.97

LC Logistics  (HKSE:02490) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


LC Logistics Net Current Asset Value Related Terms


LC Logistics Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for LC Logistics's Net Current Asset Value can be seen below:

* 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.

LC Logistics Net Current Asset Value Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 0.39 0.15 0.21 1.09 0.60

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 0.21 0.14 1.09 0.87 0.60

HKSE:02490 vs UPS, FDX, JBHT: Net Current Asset Value Comparison

For the Integrated Freight & Logistics subindustry, LC Logistics's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


LC Logistics Price-to-Net-Current-Asset-Value vs Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where LC Logistics's Price-to-Net-Current-Asset-Value falls into.


HKSE:02490
41GF Score
LC Logistics Inc HKSE:02490
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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LC Logistics Net Current Asset Value Calculation

LC Logistics's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(795.529-379.664-75.201-0)/572.538
=0.60

LC Logistics's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(795.529-379.664-75.201-0)/572.538
=0.60

* 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.

What does a Net Current Asset Value of HK$0.60 mean?
LC Logistics (HKSE:02490) has a Net Current Asset Value of HK$0.60 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on LC Logistics and its competitors. This is 95% below median its historical median of 12.04. Over the past decade, LC Logistics' Net Current Asset Value has ranged from 7.42 to 12.67. According to the industry distribution chart, LC Logistics ranks #250 out of 360 companies in the Transportation industry, placing it in the top 69.4%.
Is LC Logistics' Net Current Asset Value too high?
LC Logistics' current Net Current Asset Value of HK$0.60 is 95% below median its 10-year median of 12.04. Over the past 10 years, this metric has ranged from a low of 7.42 to a high of 12.67. Based on the distribution chart, LC Logistics ranks #250 out of 360 companies in the Transportation industry, which is below the industry midpoint. Overall, LC Logistics has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does LC Logistics' Net Current Asset Value compare to UPS and FDX?
According to the Transportation industry distribution chart, LC Logistics ranks #250 out of 360 companies for Net Current Asset Value. This places LC Logistics in the lower half of its industry. The industry median Net Current Asset Value is 4.00. Historically, LC Logistics' own Net Current Asset Value has ranged from 7.42 to 12.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Transportation company?
The median Net Current Asset Value among Transportation companies is 4.00, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on LC Logistics and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LC Logistics's current Net Current Asset Value is HK$0.60, which is 95% below median its own 10-year median of 12.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LC Logistics stock overvalued right now?
LC Logistics (HKSE:02490) has a current Net Current Asset Value of HK$0.60. The current Net Current Asset Value is HK$0.60, which is 95% below median its 10-year median of 12.04. LC Logistics' overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For LC Logistics (HKSE:02490), the current Net Current Asset Value is HK$0.60 as of Dec. 2025. 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.

LC Logistics Business Description

Address 37 Hong Kong Middle Road, Block A, 9th Floor, China Stone Building, Shinan District, Shandong Province, Qingdao, CHN
LC Logistics Inc together with its subsidiaries, operates as an integrated cross-border logistics service provider. The Group provides services that cover all aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit, and last-mile delivery. Additionally, it also offers time charter services to its customers by hiring out various types of vessels owned by the group or chartered in from third parties. Geographically, the Group generates maximum revenue from its business in the Chinese mainland, and the rest from other countries.
41GF Score

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HK$4.78
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