Industrials · Marine Shipping
Price
$2.85
Market Cap
$3.0M
Employees
19
Beta
6.27
Avg Volume
984,031
CEO
Muchun Zhu
Business Description
Intercont manages a global maritime shipping enterprise through its subsidiaries, with its activities divided into two main service areas: time chartering and vessel management. As of September 27, 2024, the company's fleet comprises four vessels, including one owned outright and three leased, which collectively provide a cargo carrying capacity of 217,191 deadweight tons (dwt). The company also has strategic plans to diversify its operations by establishing a seaborne pulping business via its Singapore-based subsidiary, Openwindow, with a projected launch by the first quarter of 2025.
Business History
Price Overview
Last updated: Jun 27, 2026 10:04am (just now)$2.85
-0.02 (-0.70%)
Day Range
$2.75 – $2.85
52-Week Range
$1.36 – $127.50
50-Day MA
$2.74
200-Day MA
$11.44
Volume
25,350.00
Share Structure
Outstanding
1,054,579.00
Float
156,914.00
Free Float
14.9%
Very low free float
— 14.9% of shares trade freely, ~85.1% held by insiders/institutions
Thinly traded — expect wider bid-ask spreads and sharp price swings on modest volume. Institutional investors may avoid due to liquidity constraints.
Small absolute float (0.2M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
0.90
Stock Price: $2.85
EPS (Diluted): 3.25
EPS (Diluted): 3.25
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
15.49
Stock Price: $2.85
Total Equity: $10.93M
Shares: 989,109
Total Equity: $10.93M
Shares: 989,109
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
2.06
Market Cap: $3.01M
Total Debt: $4.51M
Cash: $3.75M
EBITDA: $12.39M
Total Debt: $4.51M
Cash: $3.75M
EBITDA: $12.39M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$191.9M
Market Cap: $3.01M
Total Debt: $4.51M
Cash: $3.75M
Total Debt: $4.51M
Cash: $3.75M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
28.8%
Gross Profit: $7.35M
Revenue: $25.53M
Revenue: $25.53M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
19.9%
Operating Income: $5.08M
Revenue: $25.53M
Revenue: $25.53M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
12.3%
Net Income: $3.14M
Revenue: $25.53M
Revenue: $25.53M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
21.7%
Net Income: $3.14M
Total Equity: $10.93M
Total Equity: $10.93M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
13.5%
Operating Income: $5.08M
Tax Rate: 0.0%
Equity: $10.93M
Total Debt: $4.51M
Cash: $3.75M
Tax Rate: 0.0%
Equity: $10.93M
Total Debt: $4.51M
Cash: $3.75M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.14
Current Assets: $5.11M
Current Liabilities: $35.40M
Current Liabilities: $35.40M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.41
Short-Term Debt: $1.66M
Long-Term Debt: $2.85M
Total Debt: $4.51M
Total Equity: $10.93M
Long-Term Debt: $2.85M
Total Debt: $4.51M
Total Equity: $10.93M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$25.81
Revenue: $25.53M
Shares: 989,109
Shares: 989,109
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$11.05
Total Equity: $10.93M
Shares: 989,109
Shares: 989,109
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$6.55
Operating CF: $6.48M
CapEx: $0.00
Shares: 989,109
CapEx: $0.00
Shares: 989,109
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
7.0%
Last Dividend: N/A
Stock Price: $2.85
Stock Price: $2.85
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $3.14M
Net Income: $3.14M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares NCT against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 11:00am (2d ago)| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | $31.3M | $32.4M | $25.5M |
| Cost of Revenue | $20.9M | $18.1M | $18.2M |
| Gross Profit | $10.4M | $14.4M | $7.3M |
| Operating Expenses | $866,866 | $876,437 | $2.3M |
| Operating Income | $9.5M | $13.5M | $5.1M |
| Net Income | $8.5M | $10.9M | $3.1M |
| EBITDA | $15.3M | $19.9M | $12.4M |
| EPS | $8.50 | $11.00 | $3.25 |
| EPS (Diluted) | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 11:00am (2d ago)| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash & Equivalents | $10.4M | $3.4M | $3.8M |
| Total Current Assets | $11.1M | $16.6M | $5.1M |
| Total Assets | $68.7M | $80.2M | $65.1M |
| Current Liabilities | $29.3M | $34.6M | $35.4M |
| Long-Term Debt | $0 | $5.4M | $2.8M |
| Total Liabilities | $57.8M | $62.3M | $54.2M |
| Total Equity | $10.9M | $18.0M | $10.9M |
| Retained Earnings | $10.9M | $17.9M | $9.3M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 11:00am (2d ago)| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating Cash Flow | $12.3M | $13.6M | $6.5M |
| Capital Expenditure | -$2.1M | -$12.0M | $0 |
| Free Cash Flow | $10.2M | $13.6M | $6.5M |
| Acquisitions (net) | $0 | $0 | $0 |
| Debt Repayment | — | — | — |
| Dividends Paid | — | — | — |
| Stock Buybacks | $0 | $0 | $0 |
| Net Change in Cash | $7.7M | -$7.0M | $335,648 |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 11:00am (2d ago)| Metric | 2023 | 2024 |
|---|---|---|
| Revenue Growth | +3.8% | -21.3% |
| Gross Profit Growth | +38.8% | -48.9% |
| Operating Income Growth | +42.2% | -62.4% |
| Net Income Growth | +28.1% | -71.1% |
| EBITDA Growth | +30.1% | -37.6% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 7:47am (2h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-03-27 | Wang QingYuan | 0.00 | $0.00 | $0 | |
| 2025-03-27 | Li Dahong | 0.00 | $0.00 | $0 | |
| 2025-03-27 | Schumann Michael | 0.00 | $0.00 | $0 | |
| 2025-03-27 | Ma Yuanmei | 0.00 | $0.00 | $0 | |
| 2025-03-27 | Zhu Muchun | 0.00 | $0.00 | $0 | |
| 2025-03-27 | Zhu Muchun | 0.00 | $0.00 | $0 | |
| 2016-12-15 | EDENS WESLEY R | P-Purchase | 1,000,000.00 | $4.37 | $4.4M |
| 2016-12-14 | EDENS WESLEY R | P-Purchase | 112,000.00 | $4.16 | $465,920 |
| 2016-12-13 | EDENS WESLEY R | P-Purchase | 530,000.00 | $4.15 | $2.2M |
| 2016-12-13 | EDENS WESLEY R | P-Purchase | 530,000.00 | $4.15 | $2.2M |
| 2016-12-12 | EDENS WESLEY R | P-Purchase | 1,000,000.00 | $4.15 | $4.2M |
| 2016-11-22 | Watterson Sarah | M-Exempt | 10,809.00 | $3.57 | $38,588 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 7,507.00 | $3.23 | $24,248 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 4,290.00 | $2.95 | $12,656 |
| 2016-11-22 | Watterson Sarah | F-InKind | 22,060.00 | $4.55 | $100,373 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 10,725.00 | $2.32 | $24,882 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 7,507.00 | $3.23 | $24,248 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 10,725.00 | $2.32 | $24,882 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 10,809.00 | $3.57 | $38,588 |
| 2016-11-22 | Watterson Sarah | M-Exempt | 4,290.00 | $2.95 | $12,656 |
Dividend History (Last 20)
Last updated: Jun 24, 2026 11:00am (2d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2016-12-16 | $0.00 | 2016-12-08 | 2017-01-31 | |
| 2016-10-20 | $0.00 | 2016-10-31 | ||
| 2016-07-20 | $0.00 | 2016-07-29 | ||
| 2016-04-06 | $0.00 | 2016-03-30 | 2016-04-29 | |
| 2015-12-22 | $0.00 | 2015-12-15 | 2016-01-29 | |
| 2015-09-29 | $0.00 | 2015-09-22 | 2015-10-30 | |
| 2015-06-30 | $0.00 | 2015-06-23 | 2015-07-31 | |
| 2015-03-25 | $0.00 | 2015-03-17 | 2015-04-30 | |
| 2014-12-30 | $0.00 | 2014-12-22 | 2015-01-30 | |
| 2014-09-25 | $0.02 | 2014-09-18 | 2014-10-31 | |
| 2014-06-20 | $0.01 | 2014-06-16 | 2014-07-31 | |
| 2014-03-21 | $0.00 | 2014-04-30 | ||
| 2013-12-26 | $0.00 | 2013-12-19 | 2014-01-31 | |
| 2013-09-26 | $0.00 | 2013-09-20 | 2013-10-31 | |
| 2013-06-11 | $0.01 | 2013-06-03 | 2013-07-31 | |
| 2013-03-21 | $0.01 | 2013-03-15 | 2013-04-30 | |
| 2012-12-26 | $0.01 | 2012-12-19 | 2013-01-31 | |
| 2012-09-27 | $0.01 | 2012-09-19 | 2012-10-31 | |
| 2012-06-21 | $0.01 | 2012-06-13 | 2012-07-31 | |
| 2012-03-22 | $0.01 | 2012-03-16 | 2012-04-30 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for NCT — it's generated by the pipeline (
market-narrative step).
No community reviews yet for NCT.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30