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New Century Logistics (BVI)NCEW +3.77%15 Return-on-Tangible-Asset is -5.39% as of Mar. 2026. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,009 Transportation companies, New Century Logistics (BVI) ranks worse than 99.21% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. New Century Logistics (BVI)'s annualizedNet Income for the quarter that ended in Mar. 2026 was $-0.72 Mil. New Century Logistics (BVI)'s average total tangible assets for the quarter that ended in Mar. 2026 was $13.32 Mil. Therefore, New Century Logistics (BVI)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.39%.
The historical rank and industry rank for New Century Logistics (BVI)'s Return-on-Tangible-Asset or its related term are showing as below:
NCEW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -68.18 Med: 2.36 Max: 28.86
Current: -68.18
During the past 5 years, New Century Logistics (BVI)'s highest Return-on-Tangible-Asset was 28.86%. The lowest was -68.18%. And the median was 2.36%.
NCEW's Return-on-Tangible-Asset is ranked worse than 99.21% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs NCEW: -68.18
New Century Logistics (BVI) (NAS:NCEW) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
New Century Logistics (BVI) Return-on-Tangible-Asset Related Terms
New Century Logistics (BVI) Return-on-Tangible-Asset 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.
New Century Logistics (BVI) Return-on-Tangible-Asset Chart
NCEW vs JANL, CRGO, SFWL: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'s Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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) Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where New Century Logistics (BVI)'s Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -5.39% mean?
New Century Logistics (BVI) (NCEW) has a Return-on-Tangible-Asset of -5.39% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on New Century Logistics (BVI) and its competitors. According to the industry distribution chart, New Century Logistics (BVI) ranks #1001 out of 1009 companies in the Transportation industry, placing it in the top 99.2%.
Is New Century Logistics (BVI)'s Return-on-Tangible-Asset too high?
New Century Logistics (BVI)'s current Return-on-Tangible-Asset is -5.39%. Based on the distribution chart, New Century Logistics (BVI) ranks #1001 out of 1009 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 Return-on-Tangible-Asset compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #1001 out of 1009 companies for Return-on-Tangible-Asset. This places New Century Logistics (BVI) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on New Century Logistics (BVI) and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current Return-on-Tangible-Asset is -5.39%. 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 Return-on-Tangible-Asset of -5.39%. The current Return-on-Tangible-Asset is -5.39%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For New Century Logistics (BVI) (NCEW), the current Return-on-Tangible-Asset is -5.39% 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.
15GF Score
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