CN Logistics International Holdings Ltd

Chart & Performance

D1W1MN

P/E

21.22

P/S

0.49

EPS

0.16

Div Yield, %

3.40%

Shrs. gr., 5y

3.20%

Rev. gr., 5y

6.46%

Revenues

2.10b

-24.53%

Net income

48m

-44.27%

CFO

100m

-38.63%

Dividend

Oct 14, 20240.02 HKD/sh

Earnings

Mar 26, 2025

Profile

CN Logistics International Holdings Limited provides logistics solutions Hong Kong, Mainland China, Taiwan, Italy, and internationally. It operates through three segments: Air Freight, Distribution and Logistics Services, and Ocean Freight. The Air Freight segment offers air freight forwarding services, which include arranging for consignment upon receipt of booking instructions from customers, cargo pick up, obtaining cargo space, preparation of freight documentation, arranging for customs clearance, and cargo handling at origin and destination, as well as other related logistics services comprising supporting transportation for freight forwarding purposes. The Distribution and Logistics Services segment provides a range of logistics services, such as managing vendor inventory, picking and packing finished goods, delivery, recycling, quality control and various ancillary value-added services, such as supply chain management and storage services; and distribution and logistics services for wine, as well as branded packaging, polymorph repacking, same day local door-to-door, and temperature-controlled delivery services. The Ocean Freight Forwarding Services segment offers ocean freight forwarding services primarily to its air freight forwarding services and other customers. It serves direct and freight forwarder customers, and high-end fashion retailers and brand owners, as well as wholesalers and retailers of wine. CN Logistics International Holdings Limited was founded in 1991 and is headquartered in Kwai Chung, Hong Kong. CN Logistics International Holdings Limited is a subsidiary of Cargo Services (Logistics) Limited.

URL

http://www.cnlogistics.com.hk/

IPO date

Oct 15, 2020

Employees

678

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12
Income
Revenues	2,103,959 -24.53%	2,787,972 4.28%	2,673,424 32.31%
Cost of revenue	2,063,788	2,637,312	2,500,386
Unusual Expense (Income)
NOPBT	40,171	150,660	173,038
NOPBT Margin	1.91%	5.40%	6.47%
Operating Taxes	24,128	48,254	46,635
Tax Rate	60.06%	32.03%	26.95%
NOPAT	16,043	102,406	126,403
Net income	48,278 -44.27%	86,632 -29.77%	123,349 50.41%
Dividends	(34,879)	(91,569)	(59,993)
Dividend yield	1.96%	4.05%	2.41%
Proceeds from repurchase of equity		(51,256)	(31,702)
BB yield		2.27%	1.28%
Debt
Debt current	358,192	326,440	208,997
Long-term debt	166,216	155,780	177,641
Deferred revenue
Other long-term liabilities	35,351	31,317	12,249
Net debt	217,257	171,203	80,012
Cash flow
Cash from operating activities	99,989	162,923	190,789
CAPEX	(24,239)	(71,805)	(41,814)
Cash from investing activities	(36,134)	(69,743)	(58,712)
Cash from financing activities	(101,753)	(79,119)	(92,934)
FCF	(60,964)	255,547	106,755
Balance
Cash	282,484	306,086	295,143
Long term investments	24,667	4,931	11,483
Excess cash	201,953	171,618	172,955
Stockholders' equity	175,207	140,716	99,777
Invested Capital	696,319	672,162	625,150
ROIC	2.34%	15.79%	21.99%
ROCE	4.61%	18.53%	23.77%
EV
Common stock shares outstanding	292,692	269,471	253,580
Price	6.08 -27.53%	8.39 -14.39%	9.80 141.38%
Market cap	1,779,567 -21.29%	2,260,862 -9.02%	2,485,084 144.84%
EV	2,047,272	2,493,679	2,626,504
EBITDA	139,293	247,367	257,948
EV/EBITDA	14.70	10.08	10.18
Interest	22,558	13,746	7,969
Interest/NOPBT	56.15%	9.12%	4.61%