LC Logistics, Inc (2490) AI Stock Analysis

• Market Cap: HK$5.22B
• Dividend Yield: 4.83%
• Average Volume (3M): 143.53K
• Price to Earnings (P/E): 12.2
• Beta (1Y): -0.02
• Revenue Growth: 53.93%
• EPS Growth: 218.84%
• Country: HK
• Employees: 337
• Sector: Industrials
• Sector Strength: 86
• Industry: Integrated Freight & Logistics
• EPS (TTM): 1.50
• Shares Outstanding: 286,269,170
• 10 Day Avg. Volume: 145,040
• 30 Day Avg. Volume: 143,526
• PEG Ratio: -4.53
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -36.09
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: HK$20.50 ▲(12.51%Upside)

LC Logistics, Inc. presents a strong valuation with an attractive P/E ratio and high dividend yield, although technical indicators suggest weak momentum. Financial performance is stable, but recent cash flow concerns need attention.

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 service fees and contracts associated with its logistics and supply chain management offerings. Key revenue streams include transportation services, which involve moving goods via road, rail, air, and sea; warehousing solutions, where the company manages storage facilities for clients; and value-added services such as inventory management, order fulfillment, and distribution. The company may also engage in strategic partnerships with manufacturers, retailers, and other logistics providers to enhance its service portfolio and expand its market reach, thereby contributing to its earnings.

LC Logistics, Inc Financial Statement Overview

Summary

LC Logistics, Inc. demonstrates strong financial stability with a robust balance sheet, characterized by low leverage and high equity. The income statement highlights effective cost management and improved profitability, although revenue growth has been inconsistent. Cash flow concerns arise from recent zero free and operating cash flows, suggesting operational cash generation needs monitoring.

Income Statement

The company's income statement reveals a mixed performance. Gross profit margins have been relatively stable, but the net profit margin increased significantly, primarily due to a substantial rise in net income for 2024. However, revenue growth has been inconsistent, showing a decline from 2022 to 2023, followed by a recovery in 2024. EBIT and EBITDA margins have shown resilience despite revenue fluctuations, indicating effective cost management.

Balance Sheet

The balance sheet is robust with a strong equity base and low debt levels, resulting in a favorable debt-to-equity ratio. The company has consistently increased stockholders' equity while maintaining a high equity ratio, indicating financial stability and low leverage risk. The ROE has improved over the years, showcasing enhanced profitability relative to equity.

Cash Flow

Cash flow analysis presents some challenges with fluctuating free cash flow and operating cash flow trends. Despite a positive operating cash flow in previous years, 2024 shows zero operating and free cash flows, indicating potential operational cash generation issues. While past years demonstrated capacity to generate cash, recent figures warrant attention.

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: 18.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• 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 18.22 is below the 20-day moving average (MA) of 18.78, below the 50-day MA of 18.97, and below the 200-day MA of 20.91, indicating a bearish trend. The MACD of -0.19 indicates Positive momentum. The RSI at 40.58 is Neutral, neither overbought nor oversold. The STOCH value of 25.37 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
Sector *	71 Outperform	¥253.62B	13.00	8.49%	3.09%	6.31%	12.77%
2490	67 Neutral	HK$5.22B	12.15	30.13%	4.83%	53.93%	218.84%
KRRYF		$1.72B	8.31	8.04%	4.21%	―	―
2130	64 Neutral	HK$1.03B	31.44	7.31%	0.58%	30.49%	-37.17%
1442	62 Neutral	HK$681.12M	13.58	8.44%	―	27.51%	55.77%
8292	52 Neutral	HK$440.99M	―	-19.39%	―	-26.44%	70.62%
6123	41 Neutral	HK$443.07M	―	-3.26%	2.17%	0.58%	-142.16%

LC Logistics, Inc Corporate Events

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.

LC Logistics, Inc. Announces Annual General Meeting and Key Resolutions

LC Logistics, Inc. has announced its upcoming annual general meeting scheduled for May 16, 2025, in Shanghai, where key resolutions will be discussed, including the adoption of financial statements, declaration of dividends, re-election of directors, and re-appointment of auditors. The meeting will also address the authorization for directors to allot and issue shares, potentially impacting the company’s capital structure and shareholder value.