LC Logistics, Inc (2490) AI Stock Analysis

• Market Cap: HK$4.82B
• Dividend Yield: 4.56%
• Average Volume (3M): 277.97K
• Price to Earnings (P/E): 11.2
• Beta (1Y): -0.04
• Revenue Growth: 53.93%
• EPS Growth: 218.84%
• Country: HK
• Employees: 337
• Sector: Industrials
• Sector Strength: 89
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.73
• Shares Outstanding: 572,538,300
• 10 Day Avg. Volume: 252,080
• 30 Day Avg. Volume: 277,973
• PEG Ratio: 0.14
• Price to Book (P/B): 2.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -64.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$20.50
• Price Target Upside: 148.79% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: HK$18.00 ▲(118.45%Upside)

The overall stock score of 64 reflects strong financial performance and attractive valuation, which are offset by bearish technical indicators. The company's financial stability and growth prospects are positive, but technical analysis suggests caution due to current market momentum.

LC Logistics, Inc Business Overview & Revenue Model

Company Description

LC Logistics, Inc., a freight forwarding company, provides integrated cross-border seaborne logistics and time charter services worldwide. The company offers cross-border logistics services, including logistics solutions consultancy, shipping arrangement, ground transportation, warehousing before departure, customs clearance before departure, cross-border seaborne transportation, customs clearance after arrival, warehousing, and other value-added services after arrival and last-mile delivery. It also hires out company owned container vessels or chartered in from third parties under time charter services. The company was founded in 2004 and is based in Qingdao, the People's Republic of China.

How the Company Makes Money

LC Logistics, Inc generates revenue primarily through its logistics services, which include freight transportation, warehousing, and distribution. The company charges clients for shipping goods, storage fees for inventory held in its warehouses, and additional charges for value-added services such as packaging and inventory management. Key revenue streams include long-term contracts with large retailers and manufacturers, as well as spot market transactions for ad-hoc shipping needs. Partnerships with major carriers and technology providers also enhance its service offerings, enabling the company to optimize routes and reduce operational costs, thus contributing to its overall profitability.

LC Logistics, Inc Financial Statement Overview

Summary

LC Logistics, Inc. shows strong revenue growth and profitability improvements, supported by a robust balance sheet with low leverage. While operational cash flow is strong, the negative free cash flow due to capital expenditures requires attention. Overall, the company is financially stable with positive growth prospects but should monitor capital spending to ensure sustainable cash flow.

Income Statement

LC Logistics, Inc. has demonstrated strong revenue growth from 2023 to 2024, with a significant increase in total revenue. The gross profit margin has slightly decreased, indicating increased cost pressures. However, the net profit margin has improved significantly, reflecting better cost management and efficiency. The EBIT and EBITDA margins have shown resilience, suggesting operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, reflecting conservative leverage. Return on equity has improved, showcasing effective use of shareholders' capital. Overall, the balance sheet suggests a solid financial position with low risk.

Cash Flow

The operating cash flow has increased, indicating improved cash generation from operations. However, the free cash flow remains negative due to high capital expenditures, which could be a concern if not managed properly. The operating cash flow to net income ratio is healthy, suggesting good cash conversion from profits.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.95B	1.24B	4.61B	4.20B	781.52M
Gross Profit	210.09M	226.62M	545.30M	456.84M	63.79M
EBITDA	112.53M	172.82M	484.88M	424.62M	42.93M
Net Income	395.79M	118.88M	380.94M	384.08M	25.52M
Balance Sheet
Total Assets	1.92B	1.45B	1.44B	1.13B	326.56M
Cash, Cash Equivalents and Short-Term Investments	838.01M	217.86M	346.36M	193.31M	50.67M
Total Debt	166.47M	58.04M	74.92M	95.07M	48.58M
Total Liabilities	371.93M	281.08M	549.33M	651.62M	219.85M
Stockholders Equity	1.50B	1.13B	878.91M	475.97M	99.02M
Cash Flow
Free Cash Flow	-381.41M	-270.79M	-35.43M	-191.06M	5.55M
Operating Cash Flow	79.28M	41.02M	585.35M	504.94M	50.91M
Investing Cash Flow	472.76M	-295.50M	-346.99M	-395.21M	-31.58M
Financing Cash Flow	6.59M	111.57M	-109.12M	32.40M	-3.28M

LC Logistics, Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2490, the sentiment is Negative. The current price of 8.24 is below the 20-day moving average (MA) of 8.67, below the 50-day MA of 9.17, and below the 200-day MA of 10.06, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 28.93 is Positive, neither overbought nor oversold. The STOCH value of 30.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2490.

LC Logistics, Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1442	68 Neutral	HK$701.76M	13.79	8.44%	―	27.51%	55.77%
Sector *	65 Neutral	$11.04B	15.74	4.60%	2.11%	3.27%	-26.87%
2490	64 Neutral	HK$4.82B	11.23	30.13%	4.56%	53.93%	218.84%
KRRYF	―	$2.01B	9.86	8.04%	2.96%	―	―
2130	60 Neutral	HK$1.02B	31.08	7.31%	0.88%	30.49%	-37.17%
8292	50 Neutral	HK$690.12M	―	-19.39%	―	-26.44%	70.62%
6123	41 Neutral	HK$509.95M	―	-3.26%	1.87%	0.58%	-142.16%

LC Logistics, Inc Corporate Events

LC Logistics, Inc. EGM Approves Share Subdivision

LC Logistics, Inc., a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, held an Extraordinary General Meeting (EGM) on July 24, 2025, where a resolution for a share subdivision was proposed and passed unanimously. The meeting saw full attendance from the board and was overseen by Computershare Hong Kong Investor Services Limited, ensuring transparency in the voting process. The successful passing of the resolution indicates strong shareholder support and may impact the company’s stock liquidity and market positioning.

LC Logistics Announces Share Subdivision and Board Lot Size Change

LC Logistics, Inc., a company incorporated in the Cayman Islands, has announced a proposed share subdivision and change in board lot size. The share subdivision will split each existing share into two subdivided shares, effectively doubling the number of shares in circulation. This move is contingent upon shareholder approval and regulatory compliance. Additionally, the board lot size for trading will change from 200 existing shares to 300 subdivided shares, conditional upon the share subdivision’s effectiveness. These changes aim to enhance the liquidity and marketability of the company’s shares.

LC Logistics, Inc. Forms Nomination Committee to Strengthen Board Governance

LC Logistics, Inc. has established a Nomination Committee to oversee the appointment and composition of its board of directors, ensuring diversity and independence among its members. This move is aimed at enhancing corporate governance and aligning the board’s structure with the company’s strategic goals, potentially impacting its operational efficiency and stakeholder confidence.

LC Logistics, Inc. Announces Board Restructuring

LC Logistics, Inc. has announced significant changes to its board of directors, effective June 20, 2025. Mr. Du Haibo has resigned as an independent non-executive director and chairman of the Audit Committee, while Dr. Yang Kequan has been appointed to these roles. Additionally, Ms. Zhu Jiali has joined the Nomination Committee, and Dr. Gu Lin has been appointed as its chairman. These changes reflect a strategic shift in the company’s governance structure, potentially impacting its operational oversight and strategic direction.

LC Logistics Updates Final Dividend Payment Date

LC Logistics, Inc. has announced an update to its final cash dividend for the year ending December 31, 2024. The dividend is set at HKD 0.44 per share, with a revised payment date of September 30, 2025. This update reflects a change in the payment schedule, impacting shareholders’ timelines for receiving dividends and potentially influencing investor sentiment.

LC Logistics, Inc Successfully Passes All Resolutions at 2025 AGM

LC Logistics, Inc announced that all proposed resolutions at its Annual General Meeting held on May 16, 2025, were approved by shareholders. Key resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, re-appointment of auditors, and granting of mandates to directors for share issuance and repurchase. This successful AGM reflects strong shareholder support and positions the company for continued operational efficiency and strategic growth.