Does NCEW pay a dividend and is it safe?

New Century Logistics (BVI) Limited (NCEW) offers a 0% cash dividend yield ($0.00 annualized) and 0.6% total shareholder yield including buybacks. Roarable rates its payout coverage as REINVESTING IN GROWTH + BUYBACKS.

Stock Ratings / Industrials / NCEW / dividends

PSIG (25) CRGO (46) VNTG (37) QNME (24) ⌘ Pro Terminal →

New Century Logistics (BVI) Limited (NCEW) Dividend Safety Gauge & 10-Year DRIP Compounder

$16.52 -3.76% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $16.38

New Century Logistics (BVI) Limited (NCEW) carries a Roarable Rating of D- (Sell) with 41/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • RED ALERT Cap $54.9M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NCEW stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, New Century Logistics (BVI) Limited (NASDAQ: NCEW) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 41/100 at a spot price of $16.52 (-3.76% 1D, market cap $54.9M). Pillar breakdown: Fundamental Cash Engine 9/20, Institutional 13F & Options Flow 11/20, SEC Balance-Sheet Forensics 8/20, FRED Macro Regime Fit 10/20, and Executive Insider Alignment 3/20. Across 486 tracked Industrials issuers, NCEW ranks #336 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NCEW compare to PSIG and CRGO in the Industrials sector?

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Within the Industrials sector (Integrated Freight & Logistics), NCEW carries a Roarable D- (41/100 RQD), trailing P/E of N/A, gross margin of 0.4%, and ROIC of —. By comparison, PSIG (PS International Group Ltd.) holds a E grade (25/100 RQD, P/E N/A, ROIC -32.0%, cap $75.5M) and CRGO (Freightos Limited) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $35.2M). Among the 5-stock peer group, NCEW leads on earnings multiple (N/A) while QNME leads on capital efficiency (-11.2% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NCEW?

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Per NCEW's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0001968043), New Century Logistics (BVI) Limited generated $44.1M in revenue (-15.5% YoY), -$10.7M in net income, and -$3.5M in free cash flow against $14.5M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $16.38 (-0.87%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 9/20 (D) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (41/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-7.2% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • D-

3-of-3 Quant Analysts Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-7.6% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NCEW)Realized 20D OHLCV Swing Band: ±1.8%

Deterministic 5-Pillar Attribution (41/100 Composite)

🔍 WHY NCEW SCORES 41/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+11/20 pts (27% of score)

20D Institutional Volume Accumulation (±1.8% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+10/20 pts (24% of score)

FRED Regime × Technicals: 76% of 52W Range • RSI-14 at 53.3 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$16.80-1.6% Next Q

Q2 (-2Q)

Grade D$16.53+3.8% Next Q

Q3 (-1Q)

Grade D$17.16-3.7% Next Q

Current

Grade D-$16.52-7.2% Hist 90D α

Trajectory: D (49) → D- (41)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a NCEW Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While NCEW currently carries a cautious 41/100 (D-) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Industrials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($17.27) and Max Pain ($17.35) forces dealer call-delta covering toward $21.87.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NCEW• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “NCEW Beats Next Quarter EPS Consensus (Dec 29, 2026) & Holds Above 200D SMA”

YES 41%NO 59%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

0.6% Total Yield

0% Cash ($0.00/yr) + 0.6% Buybacks

PAYOUT SAFETY SPEEDOMETER

74/100 • REINVESTING IN GROWTH + BUYBACKS

FREE CASH FLOW PAYOUT RATIO

0% (100% Reinvested)

Retains cash flow for R&D and share repurchases

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (5.5% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $17,081

Est. Year-10 Shareholder Yield: $102/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$10.6K

Yr 1

$11.1K

Yr 2

$11.7K

Yr 3

$12.4K

Yr 4

$13.1K

Yr 5

$13.8K

Yr 6

$14.5K

Yr 7

$15.3K

Yr 8

$16.2K

Yr 9

$17.1K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NCEW)

✓Walkthrough of NCEW's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

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NCEW // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +1.66%▼ SUPPORT BREAKDOWN

2026-11-03O $17.16H $17.16L $16.52C $16.52VOL 272

RES: $17.94SUP: $16.62SMA50: $17.27SMA200: $14.78

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NCEW Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NCEW Butterfly Map → + Track NCEW →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.0%/yr Implied 5Y Growth

vs. -15.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on NCEW today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NCEW. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for NCEW today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NCEW)

Industrials Rank #336 of 486 ⚔️ PSIG vs NCEW Full Matrix →

1. Head-to-Head Industrials Peer Comparison (NCEW vs. PSIG, CRGO, VNTG, QNME)

Industry: Integrated Freight & Logistics (16 Tracked Issuers)

Across 486 tracked Industrials securities in the Roarable RQD universe, New Century Logistics (BVI) Limited (NCEW) ranks #336 by composite RQD confidence (41/100, grade D-) and #400 by equity capitalization ($54.9M). Within this direct 5-issuer industry benchmark cohort, NCEW leads on earnings valuation at N/A trailing P/E, while QNME leads on capital efficiency and profitability with -11.2% ROIC and 56.1% gross margin. CRGO currently holds the highest overall quantitative score in the immediate peer group at 46/100 (D) compared with NCEW at 41/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
NCEW ACTIVE New Century Logistics (BVI) Limited	D-	41/100	—	0.4%	—	-3.76%	$54.9M	Benchmark Subject
PSIG PS International Group Ltd.	E	25/100	—	1.9%	-32.0%	0.00%	$75.5M	/psig-vs-ncew →
CRGO Freightos Limited	D	46/100	—	—	—	-1.17%	$35.2M	/crgo-vs-ncew →
VNTG Vantage Corp (Class A)	D-	37/100	—	41.5%	—	-3.79%	$14.7M	/vntg-vs-ncew →
QNME Quanome Technologies Inc.	E	24/100	—	56.1%	-11.2%	+0.07%	$14.4M	/qnme-vs-ncew →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0001968043 ↗

In its most recent audited fiscal period (FY2025, filed 2025-09-30), New Century Logistics (BVI) Limited (NCEW) reported GAAP revenue of $44.1M (-15.5% vs. FY2024 revenue of $52.2M , and +22.2% cumulative change since FY2023) , GAAP net income of -$10.7M, operating cash flow of -$3.4M, and free cash flow of -$3.5M (-341.9% YoY). On the balance sheet, NCEW closed FY2025 with $14.5M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 1/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-09-30	$44.1M	-$10.7M	-$3.4M	-$3.5M	$14.5M	—
FY2024 (FY)	2024-09-30	$52.2M	$220.6K	$1.4M	$1.4M	—	—
FY2023 (FY)	2023-09-30	$36.1M	$454.4K	-$2.5M	-$2.5M	—	—

3. NCEW Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NCEW stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does NCEW compare to PSIG and CRGO in the Industrials sector?

What are the biggest fundamental strengths and SEC risk factors for NCEW?

Where is NCEW trading relative to its 50-day, 200-day, and 52-week technical levels?

NCEW last traded at $16.52 (-3.76% on volume of 554 shares), positioning the stock -4.34% below its 50-day simple moving average ($17.27) and +11.77% above its 200-day simple moving average ($14.78). Across its 52-week range of $2.80 to $20.83, NCEW sits at the 76.1% percentile with a 14-day RSI of 53.3 (NEUTRAL RANGE) and an implied next-earnings move of ±1.8% ($16.22 to $16.82).

Direct Sub-Reports: NCEW RQD Cockpit NCEW 12M Forecast NCEW Earnings & Move NCEW Dividends & DRIP NCEW Insiders & 13F NCEW Whale Options NCEW Profit Sankey NCEW News & Why

ROARABLE RATING BRIEF • RQD 41/100 (D-) ✓ SEC XBRL & RQD VERIFIED

NCEW — New Century Logistics (BVI) Limited: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-09-30

1. Roarable Rating Brief: What This Means to a Prospective Investor

New Century Logistics (BVI) Limited (NCEW) earns a live Roarable RQD composite score of 41/100, corresponding to a D- letter grade (Roarable Sell) at a spot price of $16.52 (-3.76% 1D, market capitalization $54.9M).

Fundamental Cash Engine (9/20): Anchored by return on invested capital (ROIC) of —, gross margin of 0.4%, operating margin of -24.6%, and free cash flow yield of -6.32%.
Whale 13F & Options Flow (11/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (10/20) + Forensic Balance Sheet (8/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 1/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

New Century Logistics (BVI) Limited (NCEW) is a NASDAQ-listed operating company in the Integrated Freight & Logistics industry (Industrials sector) with an equity market capitalization of $54.9M. The business operates with a gross margin of 0.4%, an operating margin of -24.6%, and a return on invested capital (ROIC) of 0% (free cash flow yield of -6.32%). Within the Integrated Freight & Logistics peer group, investor evaluation centers on operating leverage, unit margin durability, and capital allocation efficiency across market cycles.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-09-30), New Century Logistics (BVI) Limited (NCEW) reported $44.1M in annual revenue (up from $52.2M in FY2024, -15.5% YoY) and -$10.7M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($36.1M revenue, $454.4K net income) through FY2025, NCEW scaled operating cash flow to -$3.4M and free cash flow to -$3.5M, backed by $14.5M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (D- • RQD 41/100): Established market leader in Industrials with deep daily trading liquidity. Free cash flow yield of -6.32% and institutional whale pillar of 11/20. With Fundamental Cash Engine at 9/20 and Institutional Whale Flow at 11/20, sustained execution supports upside toward the upper end of the $2.80 – $20.83 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -24.6% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

The two news items reference peer companies in the same freight and logistics space (BTOC and CIIT), which suggests a sector-level read-across, but the source does not establish a dependency or correlation. A prospective investor should treat peer performance as context only, and should look for 2nd-order bottlenecks in freight capacity and pricing in the sources they consult independently.

Key Question #1: Can NCEW sustain or expand its -24.6% operating margin and — ROIC against Integrated Freight & Logistics peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $44.1M and free cash flow of -$3.5M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is NCEW's equity valuation to Industrials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

NCEW Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for New Century Logistics (BVI) Limited (NCEW) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NCEW Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo! Finance Canada • 1d ago

Armlogi Holding Corp. (BTOC) Seasonal Returns Chart - Yahoo Finance

Yahoo! Finance Canada report covering New Century Logistics (BVI) Limited (NCEW) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo! Finance Canada • 1d ago

Tianci International, Inc. (CIIT) Seasonal Returns Chart - Yahoo Finance

Yahoo! Finance Canada report covering New Century Logistics (BVI) Limited (NCEW) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 361d ago

New Century Logistics (BVI) Limited Announces 1-for-8 Reverse Stock Split

Hong Kong, China, Nov. 07, 2025 (GLOBE NEWSWIRE) -- New Century Logistics (BVI) Limited (hereinafter referred to as “New Century” or the “Company”), a company listed on the NASDAQ, reported that it expects to implement a

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NCEW Bull vs. Bear Conversation Board — What's Your Call at $16.52?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NCEW 🐻 33% BEARISH CONVICTION

SI SiliconVal_Bull RQD DEBATE OPENER • Growth & Tech Investor 🐂 BULLISH 🎯 Target: $22.14 (+29.0%)

📌 Pinned Debate

Revenue of $44.1M in FY 2025 and a 0.5 Debt/Equity ratio indicate a business with a modest revenue base and leverage below 1x.

The street is overcomplicating New Century Logistics (BVI) Limited (NCEW). Revenue of $44.1M in FY 2025 and a 0.5 Debt/Equity ratio indicate a business with a modest revenue base and leverage below 1x.. With an RQD score of 41/100 (D-) and Forensic Balance Sheet at 8/20, any positive earnings surprise or guidance raise forces underweight funds to chase above $18.53.

VolSurface_Trader 🐂 BULL

Both sides have a point here — NCEW's 8/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $13.90 (-19.0%)

Spot @ $17.16

A -24.6% operating margin, 0% ROIC, and a Piotroski F-Score of 1/9 show the business is losing money with weak financial strength.

I respect the product at New Century Logistics (BVI) Limited, but the stock at $17.16 is a different story. A -24.6% operating margin, 0% ROIC, and a Piotroski F-Score of 1/9 show the business is losing money with weak financial strength.. FCF yield is -6.32% and RQD sits at 41/100 (D-) — why pay up here when you can wait for next quarter's numbers?