Smart Logistics Global Ltd is a US-listed company in the air freight & logistics industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$0.2
Valuation models combined (2)
Base case. Range ~$0.1–$0.5. Weighted average of 2 models (residual income, price-to-sales vs peers).
Price vs value
No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.
Smart Logistics Global Ltd valuation: adjust assumptions and compare models →
The Fundamentalytics view
Smart Logistics Global Ltd's trailing-twelve-month revenue fell 7.2% year on year, with a free-cash-flow margin of -6.5%. Where it stands out: days sales outstanding of 4 days ranks 2 of 16 air freight & logistics companies we cover. Where it lags: stock pay as % of revenue of 4.3% ranks 16 of 18 air freight & logistics companies we cover.
Current signal Earnings running well ahead of cash (high accruals): Over the last 12 months net income exceeded operating cash flow by an amount equal to 11.1% of total assets. Earnings built on accounting accruals rather than cash have historically proved less persistent.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Smart Logistics Global Ltd's latest figures clears our strength thresholds.
Things to watch
- Revenue shrinking. Revenue fell 7.2% over the last 12 months.
- Loss-making. Operating margin is -2.3%: costs exceed revenue.
- Margins narrowing. Operating margin is down 3.9 points on a year ago.
- Burning cash. Free cash flow was -6.5% of revenue over the last 12 months.
- Below peers: stock pay as % of revenue. Stock pay as % of revenue of 4.3% ranks 16 of 18 air freight & logistics companies we cover (median 0.5%).
Price chart
- 1 day-13.5%
- 1 week+16.9%
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Third-party market data · may be delayed
At a glance
Profitability
- Revenue (TTM)
- $87.5M
- Operating margin
- -2.3%
- Net margin
- -2.9%
- EPS (TTM, diluted)
- $-0.06
Growth
- Revenue growth
- −7.2%
- Change in growth rate
- −1.6 pts
- Share count change
- +0.9%
Cash
- Free cash flow (TTM)
- -$5.7M
- FCF margin
- -6.5%
- Stock pay % of revenue
- 4.3%
News & updates
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for SLGB from the sources we follow. See filings →
Valuation models
We value Smart Logistics Global Ltd as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.02 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$0.1 ~$0.0–$0.1 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: return on equity is not positive |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | ~$0.5 ~$0.4–$1.8 | Included, half weight |
| Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$0.2 ~$0.1–$0.5 | 2 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Smart Logistics Global Ltd with Air Freight & Logistics in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for Smart Logistics Global Ltd: too few analysts cover it.
Positioning
- Short interest
- 2.8% of tradable shares
- Days to cover
- 0.04 at average volume
- Short interest, 1 month
- −83% to October 15, 2026
- Held by institutions
- 0% of shares
- Held by insiders
- 160.0% of shares
- Employees
- 67 full time
Share-price performance
Market data may be delayedPrice behaviour
- 52-week range
- Not enough history
- From 52-week high
- —
- vs 50-day average
- —
- vs 200-day average
- —
- Volatility (1 year)
- —
- Beta vs S&P 500
- —
Smart Logistics Global Ltd in five measures
Fundamentals
Financial statements
| Fiscal year | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|
| Income | |||
| Revenue | 100 | 94 | 87 |
| Gross profit | 4 | 4 | 4 |
| EBITDA | 2 | 2 | −2 |
| Operating income | 2 | 2 | −2 |
| Net income | 1 | 1 | −3 |
| Diluted EPS | $0.03 | $0.03 | −$0.06 |
| Growth (year on year) | |||
| Revenue | — | −5.6% | −7.2% |
| Margins | |||
| Gross margin | 4.0% | 4.1% | 4.7% |
| EBITDA margin | 1.8% | 1.9% | −2.0% |
| Operating margin | 1.5% | 1.7% | −2.3% |
| Net margin | 1.3% | 1.3% | −2.9% |
| Free-cash-flow margin | 3.5% | 1.8% | −6.5% |
| Cash flow | |||
| Cash from operations | 5 | 2 | −6 |
| Capital spending | 2 | 0 | 0 |
| Free cash flow | 4 | 2 | −6 |
| Stock-based pay | — | — | 4 |
| Free cash flow after stock pay | — | — | −9 |
| Balance sheet | |||
| Cash | 2 | 1 | 0 |
| Total debt | 0 | 0 | 0 |
| Net debt (negative = net cash) | −2 | −1 | −0 |
| Diluted shares | 40m | 40m | 40m |
| Returned to shareholders | |||
| Dividends | — | 6 | — |
| Total returned | — | 6 | — |
Financial health
- Short-term assets cover short-term liabilities $19m of assets due within a year against $8m of liabilities due within a year.
- Short-term assets cover long-term liabilities $19m short-term assets against $792,209 of longer-dated liabilities.
- More cash than debt Cash or debt not separately reported. Not assessable.
- Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
- Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
- A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
- Operating profit covers interest at least five times over Interest not separately reported. Not assessable.
Dividends, buybacks and capital spending
- Dividends (TTM)
- $6.2M
- Returned to shareholders
- 365%
- of free cash flow
- Diluted share count
- +0.9%
- year over year
- Days sales outstanding
- 4 days
- receivables vs revenue
Competitors: side by side with peers
| Last 12 months unless stated | SLGB | JYD | PSIG | ELOG | NCEW | BTOC | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $87m | $84m | $53m | $46m | $44m | $186m | $555m |
| Revenue growth, last 12 months | −7.2% | 6.4% | −39.0% | 14.0% | −15.5% | −2.4% | 6.4% |
| Gross margin | 4.7% | 3.4% | 1.9% | 9.3% | 0.4% | 0.2% | 10.9% |
| Operating margin | −2.3% | −6.3% | −2.9% | −2.3% | −24.6% | −11.6% | −0.8% |
| Net margin | −2.9% | −5.9% | −28.6% | −2.5% | −24.2% | −11.2% | 1.0% |
| Cash from operations / revenue | −6.5% | −6.0% | −2.5% | −5.6% | −7.7% | −2.8% | 1.0% |
| Free-cash-flow margin | −6.5% | −6.8% | −10.4% | −7.6% | −7.9% | −3.8% | 1.0% |
| Stock pay / revenue | 4.3% | 2.3% | 1.5% | 1.8% | 14.4% | — | 0.5% |
| Change in share count | 0.9% | 293.1% | 42.8% | −0.2% | 15.2% | 6.9% | 0.8% |
Peer comparison
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -7.2% | 6.4% | 18 of 21 |
| Change in growth rate Growth | -1.6pp | +2.4pp | 14 of 21 |
| Gross margin Profitability | 4.7% | 4.7% | 6 of 11 |
| Operating margin Profitability | -2.3% | -0.8% | 12 of 21 |
| Net margin Profitability | -2.9% | 1.0% | 14 of 21 |
| Free-cash-flow margin Cash generation | -6.5% | 1.0% | 14 of 21 |
| Stock pay as % of revenue Cash generation | 4.3% | 0.5% | 16 of 18 |
| Change in share count Balance sheet | 0.9% | 0.9% | 11 of 20 |
| Days sales outstanding Balance sheet | 4 days | 55 days | 2 of 16 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
Who owns it
- Reported value
- $70,029
- Institutions reporting
- 6
- Shares held vs prior quarter
- ▲ 16.7%
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Jane Street Group, LLC | $25,136 | 40K | 35.9% | New |
| Xtx Topco Ltd | $23,613 | 38K | 33.7% | New |
| Ground Swell Capital, LLC | $7,601 | 12K | 10.9% | New |
| Stonex Group Inc. | $6,963 | 11K | 9.9% | New |
| UBS Group AG | $3,586 | 6K | 5.1% | ▼ 59.5% |
| Tower Research Capital LLC (TRC) | $3,130 | 5K | 4.5% | New |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Smart Logistics Global Ltd's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Smart Logistics Global Ltd in brief
- What does Smart Logistics Global Ltd do?
- Smart Logistics Global Ltd is a US-listed company in the air freight & logistics industry. Its financial year ends in December.
- What is Smart Logistics Global Ltd's stock ticker?
- Smart Logistics Global Ltd trades under the ticker SLGB on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- What is Smart Logistics Global Ltd's revenue, and how fast is it growing?
- Over its most recent trailing twelve months, Smart Logistics Global Ltd reported revenue of $87.5M, 7.2% lower than a year earlier, according to its SEC filings.
- What is Smart Logistics Global Ltd's free cash flow?
- Smart Logistics Global Ltd's free-cash-flow margin is -6.5% of revenue over the trailing twelve months, ranking 14 of the 21 air freight & logistics companies we cover.
- Who are Smart Logistics Global Ltd's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Jane Street Group, LLC, Xtx Topco Ltd and Ground Swell Capital, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Does Smart Logistics Global Ltd pay a dividend?
- Yes: Smart Logistics Global Ltd paid $6.2M in dividends over the trailing twelve months.
- Who are Smart Logistics Global Ltd's competitors?
- In our Air Freight & Logistics peer group, the companies closest to Smart Logistics Global Ltd are Jayud Global Logistics Ltd, PS International Group Ltd., Eastern International Ltd., New Century Logistics (bvi) Ltd and Armlogi Holding Corp. The side-by-side comparison below sets their revenue, margins and growth against Smart Logistics Global Ltd's.
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