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CBL International Limited (BANL)
NASDAQ:BANL
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CBL International Limited
(NASDAQ:BANL)
Rating:49Neutral
Price Target:
$0.50
▼(-29.58% Downside)
CBL International Limited (BANL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$19.58M
Dividend YieldN/A
Average Volume (3M)210.73K
Price to Earnings (P/E)―
Beta (1Y)1.63
Revenue Growth36.19%
EPS Growth-404.90%
CountryUS
Employees39
SectorEnergy
Sector Strength47
IndustryOil & Gas Midstream
Share Statistics
EPS (TTM)-0.02
Shares Outstanding27,500,000
10 Day Avg. Volume162,502
30 Day Avg. Volume210,728
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue0.08
Enterprise Value/Gross Profit8.11
Enterprise Value/Ebitda-15.60
Forecast
1Y Price Target
$1.00Price Target Upside40.85% Upside
Rating ConsensusHold
Number of Analyst Covering0
CBL International Limited Business Overview & Revenue Model
Company DescriptionCBL International Limited (BANL) is a corporation involved primarily in the maritime logistics and oil bunkering sectors. It provides marine fuel procurement and related services to shipping companies, offering a range of products including low-sulfur fuel oil, high-sulfur fuel oil, and marine gas oil. The company operates in major ports across the Asia-Pacific region, delivering fuel solutions that cater to the needs of a diverse clientele in the shipping industry.
How the Company Makes MoneyCBL International Limited makes money through its core business of supplying marine fuel to shipping companies. Its revenue model is primarily based on the sale of various types of marine fuels, including low-sulfur fuel oil, high-sulfur fuel oil, and marine gas oil, which are critical for the operation of vessels. The company sources these fuels from refineries and sells them to clients at a markup, thus generating profit. Additionally, CBL International may engage in strategic partnerships or long-term contracts with shipping companies and port authorities, which can contribute to stable and recurring revenue streams. The company's earnings are significantly influenced by global oil prices, shipping industry demand, and regulatory changes concerning maritime fuel standards.
CBL International Limited Earnings Call Summary
Earnings Call Date:Apr 16, 2025
(Q4-2024)
| % Change Since: -29.70%|
Next Earnings Date:Sep 11, 2025
Earnings Call Sentiment Neutral
CBL International demonstrated strong sales volume and revenue growth, significant expansion of its global port network, and a substantial increase in biofuel sales. However, these achievements were overshadowed by a net income loss, a significant decline in gross profit, and increased operating expenses. The company's strategic focus on emerging markets and sustainable fuels presents future opportunities, but current financial challenges weigh heavily on overall performance.Q4-2024 Updates
Positive Updates
Record Sales Volume Growth
Total sales volume increased by 38.1% in fiscal year 2024, driven by network expansion and new customer acquisition.
Revenue Increase
Revenue grew by 35.9% to USD 592.5 million, supported by higher demand and operational expansion.
Expansion of Global Port Network
CBL expanded its global service network from 36 to over 60 ports, covering 14 countries across 4 continents.
Biofuel Sales Surge
Biofuel sales volume surged over 600% year-over-year, supporting significant reduction in greenhouse gas emissions.
Strategic Focus on Emerging Markets
Significant revenue growth in emerging markets, including 291% in Europe, Japan, Vietnam, and Thailand and 187% in South Korea.
Negative Updates
Net Income Loss
Net income fell from USD 1.13 million in 2023 to a loss of USD 3.87 million in 2024, caused by reduced gross profit and increased expenses.
Decline in Gross Profit
Gross profit declined by 25.5% from USD 7.21 million to USD 5.37 million due to strategic pricing adjustments and reduced premium pricing.
Increased Operating Expenses
Operating expenses increased by 56.8%, driven by business expansion, biofuel operations, and ESG-related expenses.
Company Guidance
During CBL International Limited's Annual Results Presentation for fiscal year 2024, several performance metrics and future guidance were highlighted. The company reported a 38.1% increase in total sales volume and a 35.9% increase in revenue to USD 592.5 million, driven by higher demand and operational expansion. Despite this growth, CBL experienced a net loss of USD 3.87 million, attributed to a 25.5% decline in gross profit and increased operational expenses by 56.8% for business expansion, biofuel operations, and ESG commitments. The company maintains a cash balance of USD 8 million, reflecting an 8.3% rise, and reported an operational cash flow surge of 80.6%, demonstrating improved efficiency. Looking ahead to fiscal year 2025, CBL aims to enhance its service network, expand its presence in Asian and European markets, and focus on biofuel adoption, anticipating the global green marine fuel market to grow at a CAGR of 50.4%. Strategic initiatives include expanding port coverage, maximizing sales volume, and exploring sustainable fuels like methanol and LNG, while leveraging economies of scale to improve profitability.CBL International Limited Financial Statement Overview
Summary
The company's financial performance is mixed. While the balance sheet shows moderate financial stability, the income statement and cash flow highlight significant challenges, including inconsistent revenue growth, negative net income, and pressure on liquidity.Income Statement
The company has shown inconsistent revenue growth with a decrease in gross profit margin over recent periods. Net income has fluctuated, turning negative in the most recent year, indicating challenges in maintaining profitability. EBIT and EBITDA margins have also worsened, reflecting operational inefficiencies.45
Neutral
Balance Sheet
The balance sheet shows a moderate debt-to-equity ratio with relatively low leverage, suggesting financial stability. However, the equity ratio has been declining, signaling potential concerns in asset management. Return on equity has been inconsistent, reflecting volatility in earnings.60
Neutral
Cash Flow
The cash flow statement highlights negative free cash flow in the latest year, indicating pressure on liquidity. The operating cash flow to net income ratio is negative due to operational cash outflows, which raises concerns about cash generation from core activities.50
Neutral
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 592.52M | 435.90M | 462.91M | 326.54M | 234.26M |
| Gross Profit | 5.37M | 7.21M | 9.13M | 7.59M | 6.21M |
| EBITDA | -2.78M | 1.82M | 4.84M | 4.28M | 802.77K |
| Net Income | -3.74M | 1.14M | 3.69M | 3.57M | 2.88M |
Balance Sheet | |||||
| Total Assets | 69.29M | 53.46M | 25.60M | 26.99M | 23.57M |
| Cash, Cash Equivalents and Short-Term Investments | 8.02M | 25.03M | 5.03M | 3.04M | 5.56M |
| Total Debt | 1.55M | 372.13K | 353.17K | 122.39K | 235.07K |
| Total Liabilities | 46.53M | 28.17M | 13.48M | 18.57M | 18.71M |
| Stockholders Equity | 22.91M | 25.30M | 12.11M | 8.43M | 4.86M |
Cash Flow | |||||
| Free Cash Flow | -2.09M | -10.81M | 3.13M | -2.53M | 3.21M |
| Operating Cash Flow | -1.94M | -10.03M | 3.50M | -2.51M | 3.36M |
| Investing Cash Flow | -144.45K | -773.86K | -373.11K | -19.15K | 452.93K |
| Financing Cash Flow | 2.71M | 13.18M | -1.13M | -27.18K | -1.31M |
CBL International Limited Technical Analysis
Negative
0.71
Price Trends
0.80
Negative
0.89
Negative
0.97
Negative
Market Momentum
-0.03
Positive
41.27
Neutral
55.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BANL, the sentiment is Negative. The current price of 0.71 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.80, and below the 200-day MA of 0.97, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.27 is Neutral, neither overbought nor oversold. The STOCH value of 55.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BANL.
CBL International Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $131.51M | 2.64 | 10.57% | 4.08% | -2.37% | 32.03% | |
66 Neutral | $15.04B | 9.28 | 7.36% | 5.56% | 3.96% | -72.38% | |
58 Neutral | $575.31M | ― | 8.32% | ― | -24.39% | 72.08% | |
49 Neutral | $19.58M | ― | -15.47% | ― | 36.19% | -404.90% | |
49 Neutral | $122.63M | 33.55 | -6.93% | 0.64% | -1.06% | -340.61% |
* Energy Sector Average
Performance Comparison
BANL
CBL International Limited
0.71
-0.05
-6.58%
MMLP
Martin Midstream
3.14
-0.54
-14.67%
NGL
NGL Energy Partners
4.50
0.39
9.49%
DLNG
Dynagas LNG Partners
3.60
0.02
0.56%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.