One-glance verdict
Undervalued
$12.26 our estimate vs market $0.42
97% below our estimate, below the bear case
Fundamentals snapshot
Singularity Future Technology Ltd.
SGLY · NCM · Industrials · Integrated Freight & Logistics
Current price
$0.42
52-week range
$0.30 - $14.28
Market cap
$2.27M
Balance sheet
Distressed
-6.46x Concerning
Net debt $3.76M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
2 Risks
1 rewards · 2 risks
- Reward Free cash flow was positive in 2/10 years.
- Risk Return on equity was -65.4% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 0.0% (peer median: 0.6%).
What this company does
Singularity Future Technology Ltd.
Singularity Future Technology Ltd. provides a bunch of services to help move goods, like trucking, storing things in warehouses, and delivering packages right to people's doors, mainly in China and the US. Most of their money comes from these logistics services, which are important because they help other businesses get their products to customers smoothly.
How the company got here
Singularity Future Technology Ltd. was founded in 2001 and began as a global logistics and ship management services company, originally known as Sino-Global Shipping America, Ltd.. In January 2022, the company officially changed its name to Singularity Future Technology Ltd. to reflect a strategic shift and expansion into the digital assets business, including blockchain and cryptocurrency-related activities. This rebranding also signaled an intent to leverage its logistics expertise in new areas like blockchain supply chain management and crypto mining pools.
What it actually does
Singularity Future Technology Ltd. operates as an integrated logistics solutions provider, offering a range of services to industrial and commercial clients. These services include transportation, warehousing, collection, last-mile delivery, drop-shipping, customs clearance, and overseas transit delivery. The company also provides freight logistics services, such as shipping and other logistical support, with a historical specialization in serving steel companies.
Freight Logistics Services
This is the core business of Singularity Future Technology Ltd., where it acts as an integrated logistics solutions provider. It handles various aspects of moving goods, from initial collection and transportation to warehousing, customs clearance, and final delivery (last-mile delivery). The company offers these services to a diverse client base, including industrial and commercial clients, with a particular focus on supporting the steel industry and e-commerce businesses. This segment is the primary revenue generator for the company.
Digital Assets and Blockchain
In recent years, Singularity Future Technology Ltd. has expanded into the digital assets business, aiming to integrate its logistics capabilities with blockchain technology. This includes developing solutions for interconnected AI networks and establishing crypto mining pools. The company has also been involved in the sale and distribution of cryptocurrency mining equipment and providing associated logistical services. This segment represents a newer area of focus for the company, alongside its established logistics operations.
What management is betting on now
Management is focused on leveraging the company's existing logistics infrastructure and expertise to expand into new technology-driven areas, particularly digital assets and blockchain solutions. This includes developing integrated logistics solutions for AI networks and the cryptocurrency mining sector. The company has also been actively seeking capital through offerings to fund its planned data center business, indicating a strategic push into technology infrastructure.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
Revenue
$834.12K
Net income
$-256.39K
Diluted EPS
-11.42
Operating cash flow
$-473.51K
Free cash flow
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Sources
Revenue
$403.68K
Net income
$4.51M
Diluted EPS
0.83
Operating cash flow
$-11.28M
Free cash flow
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Sources
Revenue
$147.57K
Net income
$-665.91K
Diluted EPS
-0.12
Operating cash flow
$-8.62M
Free cash flow
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Sources
Revenue
$307.89K
Net income
$-9.47M
Diluted EPS
-2.25
Operating cash flow
$-1.26M
Free cash flow
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Sources
Revenue
$474.10K
Net income
$-952.48K
Diluted EPS
-0.24
Operating cash flow
$-2.35M
Free cash flow
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Sources
Revenue
$363.07K
Net income
$-1.67M
Diluted EPS
-0.46
Operating cash flow
$-745.24K
Free cash flow
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Sources
Revenue
$474.62K
Net income
$-327.80K
Diluted EPS
-0.09
Operating cash flow
$407.02K
Free cash flow
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Sources
Revenue
$501.40K
Net income
$-961.79K
Diluted EPS
-0.27
Operating cash flow
$-9.14K
Free cash flow
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Sources
Is it cheap or expensive?
Fair value $12.26 vs current price $0.42
Our most-likely fair value is $12.26 a share — about 2,813.4% above today's price of $0.42, so the stock currently looks cheap (undervalued).
Is it drowning in debt?
Distressed
Net debt $3.8M. Interest coverage -6.5x.
Net debt
$3.76M
Interest coverage
-6.46x
Singularity Future Technology Ltd.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here.
Distressed
Worse cushion
Baseline
Better cushion
SGLY
BASELINE
Singularity Future Technology Ltd.
Total debt $3.81M Interest coverage -6.46x This is the baseline the peer rows are being compared against.
Total debt $2.15B Interest coverage 10.96x This peer still has a real interest-payment cushion, while SGLY does not.
Total debt $1.45B Interest coverage 11.50x This peer still has a real interest-payment cushion, while SGLY does not.
Total debt $567.28M Interest coverage 219.28x This peer still has a real interest-payment cushion, while SGLY does not.
Total debt $30.29B Interest coverage 7.74x This peer still has a real interest-payment cushion, while SGLY does not.
Total debt $34.13B Interest coverage 6.83x This peer still has a real interest-payment cushion, while SGLY does not.
What you should know
The case for and against SGLY
1 Reward
2 Risks
Rewards
-
Free cash flow was positive in 2/10 years.
Risks
-
Return on equity was -65.4% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 0.0% (peer median: 0.6%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
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P/B
0.03x
P/S
1.34x
EV/EBITDA
-2.81x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
3.2%
Operating margin
-59.7%
Net margin
0.0%
ROE
-65.4%
ROA
-6.1%
Health
Liquidity and balance-sheet strength
Debt / equity
0.50x
Current ratio
1.88x
Quick ratio
0.08x
Total debt
$3.81M
Total cash
$57.27K
Growth
How the business has been compounding
Revenue TTM
$1.69M
Revenue 5Y CAGR
-24.3%
EPS TTM
-12.96
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-21.63M
Free CF TTM
$-2.69M
FCF margin
-159.1%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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