One-glance verdict
$1.07 our estimate vs market $0.19
82% below our estimate, below the bear case
Fundamentals snapshot
SLGB · NCM · Industrials · Integrated Freight & Logistics
Current price
$0.19
52-week range
$0.15 - $4.22
Market cap
$8.54M
One-glance verdict
82% below our estimate, below the bear case
Balance sheet
Net debt $2.10M. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
Smart Logistics Global Limited helps businesses in China move their raw materials like paper, steel, and coal using trucks and provides extra services like parking and repairs. The money they make mainly comes from these transportation and related services, which matters because it shows how well they are managing their costs relative to the money they bring in. This helps you understand if their core business operations are profitable.
"How the company got here" "Smart Logistics Global Limited was founded in 2017 and is based in Hong Kong. It operates as a subsidiary of ASL Ventures Limited. The company's journey began with a focus on providing business-to-business contract logistics solutions in China, primarily for industrial raw materials. A key development was obtaining the qualification of a "Network Freight Platform" and launching its self-developed Jiabin Heavy Truck APP, becoming one of the first foreign-invested enterprises in China to secure a "Network Freight Platform Road Transport Operation License." In 2020, the company established its first 5G smart logistics park in Jinxi County, Fuzhou City, Jiangxi Province, marking a significant step towards developing a digital supply chain and an integrated logistics network. Following its listing on the NASDAQ Stock Market in October 2025, the company launched its LIM (Logistics + Infrastructure + Merchandising) business strategy, aiming to transition into a vertically integrated supply chain solution platform." "What it actually does" "Smart Logistics Global Limited provides business-to-business (B2B) contract logistics solutions, which means they offer services to other companies rather than individual consumers. Their main service involves the long-haul transportation of industrial raw materials, essentially moving large quantities of materials like paper, steel, coal, and food products from one place to another via land. Beyond just moving goods, they also offer value-added services such as truck parking, freight storage, and vehicle maintenance, ensuring the smooth operation of their clients' supply chains. The company is building a digital ecosystem for road transport, using technology to make logistics more efficient and transparent for their business clients." "Industrial Raw Materials Line-Haul Land-Only Transportation" "This is the core of Smart Logistics Global's business, focusing on moving large quantities of raw materials for industrial clients across China using only land-based transport, like trucks. Think of it as a long-distance trucking service specifically for businesses that need to transport bulk materials such as steel, coal, or ingredients for paper and food production. This service is crucial for industries that rely on a steady supply of raw materials to keep their operations running smoothly." "Value-Added Services" "Beyond just transporting goods, Smart Logistics Global offers a suite of services designed to support their clients' logistics needs. This includes providing truck parking facilities, which helps manage fleet operations, and freight storage, where they hold goods for clients before or after transportation. They also offer vehicle repair and maintenance services, ensuring the trucks used in their logistics network are in good working order, and even sell tires and spare parts. These services aim to provide a more comprehensive logistics solution, making it easier for businesses to manage their supply chain." "Smart Logistics Park Operations" "Smart Logistics Global is developing and operating smart logistics parks, which are essentially modern hubs designed to optimize the flow of goods and information. These parks integrate various logistics functions, potentially including transportation, warehousing, and even supply chain finance, all managed through advanced technology like 5G. The goal is to create efficient, interconnected centers that support the company's broader digital supply chain strategy and serve as key nodes in a national logistics network." "What management is betting on now" "Smart Logistics Global's management is focused on transforming the company from a traditional industrial logistics provider into a vertically integrated supply chain solution platform. This strategy, known as LIM (Logistics + Infrastructure + Merchandising), involves expanding their services beyond just transportation to include infrastructure development and merchandising. They are investing in building a nationwide operational network with intelligent capabilities, aiming to enhance supply chain efficiency through digital tools and data analytics. The company is also committed to leveraging technology to optimize trade procurement and supply chain finance, aligning with national development plans for a unified market and advanced logistics."
Price history
Earnings history
Click any quarter to read the call summary and what the numbers say.
Is it cheap or expensive?
Our most-likely fair value is $1.07 a share — about 465.5% above today's price of $0.19, so the stock currently looks cheap (undervalued).
Is it drowning in debt?
Net debt $2.1M. Interest coverage -11.9x.
Smart Logistics Global Limited's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here.
Total debt $5.25M Interest coverage -11.88x This is the baseline the peer rows are being compared against.
Total debt $30.52B Interest coverage 7.74x This peer still has a real interest-payment cushion, while SLGB does not.
Total debt $34.13B Interest coverage 6.83x This peer still has a real interest-payment cushion, while SLGB does not.
Total debt $1.45B Interest coverage 11.50x This peer still has a real interest-payment cushion, while SLGB does not.
Total debt $2.15B Interest coverage 10.96x This peer still has a real interest-payment cushion, while SLGB does not.
What you should know
The numbers
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Valuation
Profitability
Health
Growth
Cash flow
Dividend
Metric explainer
Debt comparison
What you should know