INFINITY LOGISTICS AND TRANSPORT VENTURES LIMITED

Income Statement Infinity Logistics and Transport Ventures Limited

Stocks

1442

KYG4769S1049

Ground Freight & Logistics

Market Closed - Hong Kong S.E. 04:08:29 2026-08-17 EDT			5-day change	1st Jan Change
0.2650 ^HKD	0.00%		-13.11%	-18.46%

04-10	Infinity Logistics and Transport Ventures Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI
04-09	Infinity Logistics and Transport Ventures Swings to Loss in 2025	MT

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Published financial data: INFINITY LOGISTICS AND TRANSPORT VENTURES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	276M	357M	371M	476M	453M
Total Revenues	276M	357M	371M	476M	453M
Cost of Goods Sold, Total	206M	280M	302M	383M	362M
Gross Profit	70.04M	76.64M	68.94M	92.86M	90.75M
Selling General & Admin Expenses, Total	19.19M	36.53M	32.57M	41.21M	46.66M
Provision for Bad Debts	-596K	922K	165K	793K	29.43M
Other Operating Expenses, Total	18.59M	37.45M	32.73M	42M	76.09M
Operating Income	51.45M	39.18M	36.21M	50.86M	14.66M
Interest Expense, Total	-4.42M	-8.8M	-12.24M	-13.01M	-13.59M
Interest And Investment Income	292K	34K	56K	154K	139K
Net Interest Expenses	-4.13M	-8.77M	-12.19M	-12.86M	-13.45M
Income (Loss) On Equity Invest.	58K	16K	15K	383K	359K
Other Non Operating Income (Expenses)	674K	965K	471K	1.27M	2.85M
EBT, Excl. Unusual Items	48.06M	31.4M	24.51M	39.65M	4.42M
Gain (Loss) On Sale Of Investments	-	-	-	-	250K
Gain (Loss) On Sale Of Assets	417K	1.63M	-	750K	474K
Other Unusual Items	191K	847K	9K	3.78M	112K
EBT, Incl. Unusual Items	48.67M	33.87M	24.52M	44.18M	5.25M
Income Tax Expense	6.15M	-2.01M	6.14M	12.63M	9.74M
Earnings From Continuing Operations	42.52M	35.88M	18.38M	31.55M	-4.49M
Net Income to Company	42.52M	35.88M	18.38M	31.55M	-4.49M
Minority Interest	-	136K	12K	-1.94M	-607K
Net Income - (IS)	42.52M	36.02M	18.39M	29.61M	-5.09M
Net Income to Common Incl Extra Items	42.52M	36.02M	18.39M	29.61M	-5.09M
Net Income to Common Excl. Extra Items	42.52M	36.02M	18.39M	29.61M	-5.09M
Per Share Items
Net EPS - Basic	0.02	0.02	0.01	0.01	-0
Basic EPS - Continuing Operations	0.02	0.02	0.01	0.01	-0
Basic Weighted Average Shares Outstanding	2.03B	2.06B	2.06B	2.06B	2.06B
Net EPS - Diluted	0.02	0.02	0.01	0.01	-0
Diluted EPS - Continuing Operations	0.02	0.02	0.01	0.01	-0
Diluted Weighted Average Shares Outstanding	2.03B	2.06B	2.06B	2.06B	2.06B
Normalized Basic EPS	0.01	0.01	0.01	0.01	0
Normalized Diluted EPS	0.01	0.01	0.01	0.01	0
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	60.32M	51.14M	50.89M	69.86M	37.15M
EBITA	51.45M	39.18M	36.21M	52.7M	16.5M
EBIT	51.45M	39.18M	36.21M	50.86M	14.66M
EBITDAR	62.79M	53.7M	54.68M	78.84M	48.01M
Effective Tax Rate - (Ratio)	12.64	-5.93	25.03	28.58	185.38
Current Domestic Taxes	2.7M	2.97M	1.98M	1.51M	2.2M
Current Foreign Taxes	-	-	-	3.47M	2.8M
Total Current Taxes	2.7M	2.97M	1.98M	4.98M	5M
Total Deferred Taxes	3.45M	-4.98M	4.16M	7.65M	4.74M
Normalized Net Income	30.04M	19.76M	15.33M	22.84M	2.15M
Interest Capitalized	791K	-	-	-	-
Interest on Long-Term Debt	5.13M	8.09M	11.67M	12.78M	13.39M
Supplemental Operating Expense Items
General and Administrative Expenses	19.19M	36.53M	32.57M	41.21M	46.66M
Net Rental Expense, Total	2.48M	2.56M	3.78M	8.98M	10.86M
Imputed Operating Lease Interest Expense	1.11M	1.2M	1.7M	3.96M	5.02M
Imputed Operating Lease Depreciation	1.36M	1.36M	2.08M	5.02M	5.84M
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	53.68M	39.57M	50.77M	41.88M	28.46M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	53.68M	39.57M	50.77M	41.88M	28.46M
Accounts Receivable, Total	58.61M	69.58M	71.11M	95.06M	99.4M
Other Receivables	3.53M	5.73M	9.7M	8.58M	7.44M
Total Receivables	62.14M	75.32M	80.8M	104M	107M
Inventory	15.74M	21.19M	25.41M	27.13M	34.62M
Prepaid Expenses	4.33M	5.58M	17.21M	11.89M	11.19M
Restricted Cash	35K	40K	40K	40K	40K
Other Current Assets, Total	49.68M	53.3M	60.42M	46.86M	4.77M
Total Current Assets	186M	195M	235M	231M	186M
Gross Property Plant And Equipment	297M	454M	457M	567M	602M
Accumulated Depreciation	-77.16M	-91.09M	-109M	-136M	-131M
Net Property Plant And Equipment	220M	363M	348M	431M	471M
Long-term Investments	559K	575K	590K	973K	1.08M
Goodwill	-	-	11.61M	2.38M	2.4M
Other Intangibles, Total	90K	90K	168K	7.53M	5.82M
Deferred Tax Assets Long-Term	-	-	-	-	669K
Other Long-Term Assets, Total	6.58M	4.36M	59.2M	29.6M	-
Total Assets	413M	563M	654M	703M	667M
Liabilities
Accounts Payable, Total	31.02M	25.24M	40.01M	39.74M	49.72M
Accrued Expenses, Total	4.96M	13.79M	29.4M	40.41M	22.49M
Short-term Borrowings	12.67M	14.78M	14.31M	2.06M	3.04M
Current Portion of Long-Term Debt	5.04M	10.65M	23.39M	22.86M	19.72M
Current Portion of Leases	5.54M	18.17M	15.42M	6.44M	7.57M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	9.06M	11.86M	8.83M	7.22M	15.81M
Total Current Liabilities	68.28M	94.48M	131M	119M	118M
Long-Term Debt	40.65M	72.47M	105M	94.04M	76.25M
Long-Term Leases	33.44M	87.47M	73.81M	115M	123M
Deferred Tax Liability Non Current	5.16M	180K	4.64M	12.27M	17.69M
Total Liabilities	148M	255M	315M	340M	335M
Common Stock, Total	10.87M	10.87M	10.87M	10.87M	10.87M
Additional Paid In Capital	110M	110M	110M	110M	110M
Retained Earnings	137M	173M	192M	221M	206M
Comprehensive Income and Other	7.65M	14.32M	22M	13.8M	5M
Total Common Equity	265M	308M	334M	356M	332M
Minority Interest	-	122K	5.42M	7.32M	102K
Total Equity	265M	308M	340M	363M	332M
Total Liabilities And Equity	413M	563M	654M	703M	667M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.06B	2.06B	2.06B	2.06B	2.06B
ECS Total Common Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.06B
Book Value / Share	0.13	0.15	0.16	0.17	0.16
Tangible Book Value	265M	308M	322M	346M	324M
Tangible Book Value Per Share	0.13	0.15	0.16	0.17	0.16
Total Debt	97.34M	204M	232M	241M	230M
Net Debt	43.65M	164M	181M	199M	201M
Debt Equivalent Oper. Leases	19.8M	20.48M	30.26M	71.86M	86.86M
Minority Interest, Total (Incl. Fin. Div)	-	122K	5.42M	7.32M	102K
Equity Method Investments, Total	559K	575K	590K	973K	1.08M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	10.28M	14.55M	17.61M	17.1M	26.59M
Inventories - Work In Process, Total	-	-	20K	235K	472K
Inventories - Finished Goods, Total	5.46M	6.65M	7.78M	9.79M	7.56M
Buildings, Total	61.06M	166M	168M	182M	184M
Machinery, Total	66.65M	73.87M	73.19M	130M	166M
Full Time Employees	574	657	908	1.12K	1.22K
Accumulated Allowance for Doubtful Accounts (Supple)	478K	1.4M	1.56M	2.3M	2.83M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	42.52M	36.02M	18.39M	29.61M	-5.09M
Depreciation & Amortization - CF	14.5M	20.58M	25.71M	27.98M	30.16M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	1.84M	1.84M
Depreciation & Amortization, Total	14.5M	20.58M	25.71M	29.82M	32M
Amortization of Deferred Charges, Total - (CF)	-	-	-	3K	7K
(Gain) Loss From Sale Of Asset	-417K	-1.63M	112K	-750K	-474K
(Gain) Loss on Sale of Investments - (CF)	-	-	10K	-	250K
Asset Writedown & Restructuring Costs	264K	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-58K	-16K	-15K	-383K	-359K
Provision and Write-off of Bad Debts	-596K	922K	165K	793K	2.12M
Other Operating Activities, Total	1.59M	-1.23M	13.22M	3.26M	33.64M
Change In Accounts Receivable	-59.93M	-17.17M	-12.75M	-12.36M	8.79M
Change In Inventories	-2.69M	-5.45M	-4.43M	-1.72M	-7.5M
Change In Accounts Payable	3.74M	-5.21M	27.36M	12.66M	654K
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	-1.09M	26.81M	67.77M	60.94M	64.04M
Capital Expenditure	-57.87M	-66.78M	-62.33M	-32.39M	-29.3M
Sale of Property, Plant, and Equipment	1.77M	4.04M	778K	13.58M	3.12M
Cash Acquisitions	-	-407K	-13.78M	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	35K	-	-
Other Investing Activities, Total	292K	34K	56K	154K	139K
Cash from Investing	-55.8M	-63.11M	-75.25M	-18.66M	-26.03M
Long-Term Debt Issued, Total	-	43.96M	58.85M	6.3M	4.76M
Total Debt Issued	-	43.96M	58.85M	6.3M	4.76M
Long-Term Debt Repaid, Total	-13.67M	-24.18M	-36.41M	-37.31M	-30.58M
Total Debt Repaid	-13.67M	-24.18M	-36.41M	-37.31M	-30.58M
Issuance of Common Stock	48.02M	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-175K	-5K	-	-	-17.8M
Cash from Financing	34.17M	19.78M	22.44M	-31.01M	-43.61M
Foreign Exchange Rate Adjustments	114K	309K	-3.3M	-7.92M	-8.8M
Net Change in Cash	-22.6M	-16.21M	11.66M	3.36M	-14.4M
Supplemental Items
Cash Interest Paid	5.21M	8.8M	12.24M	13.01M	13.59M
Cash Income Tax Paid (Refund)	5.08M	4.5M	3.87M	7.7M	3.62M
Levered Free Cash Flow	-67.43M	-44.86M	-22.74M	24.54M	36.14M
Unlevered Free Cash Flow	-64.67M	-39.36M	-15.09M	32.67M	44.63M
Change In Net Working Capital	53.46M	17.65M	1.1M	-3.46M	-32.76M
Net Debt Issued / Repaid	-13.67M	19.78M	22.44M	-31.01M	-25.81M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.06	5.02	3.72	4.68	1.34
Return on Total Capital	10.29	5.6	4.18	5.41	1.57
Return On Equity %	19.35	12.51	5.67	8.98	-1.29
Return on Common Equity	19.35	12.56	5.73	8.59	-1.48
Margin Analysis
Gross Profit Margin %	25.42	21.47	18.58	19.52	20.05
SG&A Margin	6.96	10.24	8.78	8.66	10.31
EBITDA Margin %	21.89	14.33	13.71	14.68	8.21
EBITA Margin %	18.67	10.98	9.76	11.08	3.64
EBIT Margin %	18.67	10.98	9.76	10.69	3.24
Income From Continuing Operations Margin %	15.43	10.05	4.95	6.63	-0.99
Net Income Margin %	15.43	10.09	4.96	6.22	-1.13
Net Avail. For Common Margin %	15.43	10.09	4.96	6.22	-1.13
Normalized Net Income Margin	10.9	5.54	4.13	4.8	0.48
Levered Free Cash Flow Margin	-24.47	-12.57	-6.13	5.16	7.98
Unlevered Free Cash Flow Margin	-23.47	-11.03	-4.07	6.87	9.86
Asset Turnover
Asset Turnover	0.78	0.73	0.61	0.7	0.66
Fixed Assets Turnover	1.46	1.22	1.04	1.22	1
Receivables Turnover (Average Receivables)	5.25	5.57	5.28	5.73	4.66
Inventory Turnover (Average Inventory)	14.28	15.17	12.97	14.58	11.72
Short Term Liquidity
Current Ratio	2.72	2.06	1.79	1.95	1.57
Quick Ratio	1.7	1.22	1	1.23	1.14
Operating Cash Flow to Current Liabilities	-0.02	0.28	0.52	0.51	0.54
Days Sales Outstanding (Average Receivables)	69.51	65.56	69.19	63.91	78.4
Days Outstanding Inventory (Average Inventory)	25.56	24.05	28.15	25.11	31.14
Average Days Payable Outstanding	47.77	35.94	38.87	37.94	44.2
Cash Conversion Cycle (Average Days)	47.31	53.67	58.47	51.07	65.34
Long Term Solvency
Total Debt/Equity	36.66	66.02	68.19	66.3	69.22
Total Debt / Total Capital	26.83	39.76	40.54	39.87	40.91
LT Debt/Equity	27.91	51.88	52.55	57.66	60.08
Long-Term Debt / Total Capital	20.42	31.25	31.24	34.67	35.51
Total Liabilities / Total Assets	35.72	45.23	48.08	48.39	50.27
EBIT / Interest Expense	11.65	4.45	2.96	3.91	1.08
EBITDA / Interest Expense	14.93	6.79	5.06	6.2	3.43
(EBITDA - Capex) / Interest Expense	1.83	-0.8	-0.03	3.71	1.28
Total Debt / EBITDA	1.48	3.41	3.74	2.98	4.92
Net Debt / EBITDA	0.66	2.74	2.92	2.46	4.31
Total Debt / (EBITDA - Capex)	12.05	-29.01	-564.92	4.98	13.23
Net Debt / (EBITDA - Capex)	5.4	-23.37	-441.09	4.12	11.59
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.2	29.51	3.99	28.22	-4.87
Gross Profit, 1 Yr. Growth %	32.12	9.41	-10.04	34.69	-2.27
EBITDA, 1 Yr. Growth %	40.05	-15.21	-0.49	37.28	-46.83
EBITA, 1 Yr. Growth %	48.53	-23.84	-7.59	45.55	-68.7
EBIT, 1 Yr. Growth %	48.53	-23.84	-7.59	40.46	-71.18
Earnings From Cont. Operations, 1 Yr. Growth %	69.33	-15.6	-48.78	71.68	-114.22
Net Income, 1 Yr. Growth %	69.33	-15.28	-48.94	61.02	-117.2
Normalized Net Income, 1 Yr. Growth %	56.43	-34.21	-22.43	49.01	-90.57
Diluted EPS Before Extra, 1 Yr. Growth %	64.85	-16.83	-48.94	61.02	-117.2
Accounts Receivable, 1 Yr. Growth %	26.47	18.72	2.19	33.69	4.56
Inventory, 1 Yr. Growth %	20.64	34.64	19.9	6.75	27.64
Net Property, Plant and Equip., 1 Yr. Growth %	39.54	64.8	-4.11	23.97	9.3
Total Assets, 1 Yr. Growth %	39.13	36.29	16.21	7.54	-5.15
Tangible Book Value, 1 Yr. Growth %	52.71	16.09	4.67	7.23	-6.41
Common Equity, 1 Yr. Growth %	52.69	16.08	8.46	6.5	-6.71
Cash From Operations, 1 Yr. Growth %	-104.41	-2.57K	152.8	-3.41	5.1
Capital Expenditures, 1 Yr. Growth %	184.73	15.39	-6.65	-48.03	-9.56
Levered Free Cash Flow, 1 Yr. Growth %	1.74K	-33.48	-49.3	-207.92	47.25
Unlevered Free Cash Flow, 1 Yr. Growth %	5.89K	-39.15	-61.66	-316.54	36.59
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.71	26.31	16.05	15.47	10.44
Gross Profit, 2 Yr. CAGR %	13.99	20.23	-0.79	10.08	14.73
EBITDA, 2 Yr. CAGR %	21.14	8.97	-8.15	16.88	-14.56
EBITA, 2 Yr. CAGR %	20.24	6.36	-16.11	15.97	-32.5
EBIT, 2 Yr. CAGR %	20.24	6.36	-16.11	13.93	-36.38
Earnings From Cont. Operations, 2 Yr. CAGR %	47.73	19.54	-34.25	-6.22	-50.6
Net Income, 2 Yr. CAGR %	47.73	19.77	-34.23	-9.33	-47.38
Normalized Net Income, 2 Yr. CAGR %	43.82	1.45	-28.56	7.51	-62.51
Diluted EPS Before Extra, 2 Yr. CAGR %	27.11	17.09	-34.83	-9.33	-47.38
Accounts Receivable, 2 Yr. CAGR %	17.67	22.54	10.14	16.88	18.23
Inventory, 2 Yr. CAGR %	37.09	27.45	27.06	13.14	16.73
Net Property, Plant and Equip., 2 Yr. CAGR %	23.41	51.65	25.71	9.03	16.4
Total Assets, 2 Yr. CAGR %	37.61	37.7	25.85	11.78	1.02
Tangible Book Value, 2 Yr. CAGR %	78.63	33.15	10.23	5.93	0.18
Common Equity, 2 Yr. CAGR %	78.53	33.13	12.2	7.43	-0.32
Cash From Operations, 2 Yr. CAGR %	-81.49	4.29	689.97	50.77	0.75
Capital Expenditures, 2 Yr. CAGR %	28.74	81.26	3.79	-30.35	-31.44
Levered Free Cash Flow, 2 Yr. CAGR %	418.71	249.99	-41.93	-26.03	26.06
Unlevered Free Cash Flow, 2 Yr. CAGR %	250.39	503.83	-51.7	-8.88	71.98
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.06	19.44	18.39	19.97	8.25
Gross Profit, 3 Yr. CAGR %	16.52	12.44	9.15	9.86	5.8
EBITDA, 3 Yr. CAGR %	22.73	7.56	5.72	5.02	-10.11
EBITA, 3 Yr. CAGR %	20.47	3.26	1.49	0.8	-25.05
EBIT, 3 Yr. CAGR %	20.47	3.26	1.49	-0.39	-27.95
Earnings From Cont. Operations, 3 Yr. CAGR %	23.62	22.58	-9.88	-9.46	-50
Net Income, 3 Yr. CAGR %	23.58	22.74	-9.86	-11.36	-47.9
Normalized Net Income, 3 Yr. CAGR %	23.3	10.81	-7.23	-8.72	-52.23
Diluted EPS Before Extra, 3 Yr. CAGR %	11.79	10.35	-11.21	-11.9	-47.91
Accounts Receivable, 3 Yr. CAGR %	6.58	18.02	15.34	17.49	12.62
Inventory, 3 Yr. CAGR %	26.58	36.27	24.88	19.89	17.78
Net Property, Plant and Equip., 3 Yr. CAGR %	28.74	35.9	30.16	25.12	9.12
Total Assets, 3 Yr. CAGR %	28.41	37.17	30.13	19.41	5.84
Tangible Book Value, 3 Yr. CAGR %	47.55	54.73	22.88	9.21	1.65
Common Equity, 3 Yr. CAGR %	47.5	54.67	24.34	10.24	2.49
Cash From Operations, 3 Yr. CAGR %	-68.21	-5.44	40.1	282.84	33.68
Capital Expenditures, 3 Yr. CAGR %	58.95	24.13	45.29	-17.59	-24.02
Levered Free Cash Flow, 3 Yr. CAGR %	85.3	161.57	83.81	-28.6	-6.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	73.87	95.49	140.9	-20.35	4.28
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.8	13.6	13.03	17.84	15.14
Gross Profit, 5 Yr. CAGR %	19.85	20.44	9.26	11.49	11.35
EBITDA, 5 Yr. CAGR %	25.46	22.67	9.3	11.19	-2.91
EBITA, 5 Yr. CAGR %	28.6	22.62	4.23	8.17	-13.79
EBIT, 5 Yr. CAGR %	28.6	22.62	4.23	7.4	-15.81
Earnings From Cont. Operations, 5 Yr. CAGR %	29.18	32.06	-3.97	10.13	-29.14
Net Income, 5 Yr. CAGR %	29.18	32.16	-3.98	8.74	-27.32
Normalized Net Income, 5 Yr. CAGR %	28.58	20.98	-0.88	9.48	-35.44
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-9.92	2.01	-27.98
Accounts Receivable, 5 Yr. CAGR %	7.71	7.39	7.99	17.56	16.49
Inventory, 5 Yr. CAGR %	19.31	21.75	26.77	26.49	21.55
Net Property, Plant and Equip., 5 Yr. CAGR %	27.48	32.3	27.52	24.44	24.47
Total Assets, 5 Yr. CAGR %	24.76	26.94	27.38	26.38	17.59
Tangible Book Value, 5 Yr. CAGR %	36.59	37.1	31.31	32.97	13.24
Common Equity, 5 Yr. CAGR %	36.54	37.05	32.21	33.68	13.8
Cash From Operations, 5 Yr. CAGR %	-48.57	34.48	14.94	13.96	21.04
Capital Expenditures, 5 Yr. CAGR %	21.83	20.63	34.03	-1.49	7.59
Levered Free Cash Flow, 5 Yr. CAGR %	-	24.58	16.5	57.83	58.07
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	23.85	4.17	44.05	110.52