CBL International Limited

CBL International Limited

NNASDAQ:BANL
3.07
USD
+0.03
(+0.99%)
13.96MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.37
13.06
18.52
17.44
21.55
254.56
- -
Basic EPS, GAAP
0.12
0.14
0.15
0.05
-0.14
-1.4
- -
Free Cash Flow per Basic Share
0.13
-0.1
0.13
-0.43
-0.08
1.89
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.19
0.34
0.48
1.01
0.83
0.72
6.84
Tangible Book Value per Share
0.19
0.34
0.48
1.01
0.83
0.72
5.3
Basic Weighted Avg Shares
25
25
25
25
28
2
2
Sales/Revenue/Turnover
234
327
463
436
593
538
- -
Operating Margin (%)
1.47
1.3
1.03
0.38
-0.56
-0.45
- -
Depreciation Expense
- -
- -
- -
- -
1
1
- -
Net Income, GAAP
3
4
4
1
-4
-3
- -
Effective Tax Rate (%)
15.48
15.53
18.1
20.86
- -
- -
- -
Profit Margin (%)
1.23
1.09
0.8
0.26
-0.63
-0.55
- -
Working Capital
5
8
10
24
22
19
16
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
5
8
12
25
23
20
21
Return on Invested Capital (%)
- -
51.54
36.51
6.85
- -
- -
- -
Return on Capital (%)
- -
52.36
37.11
7.27
- -
- -
- -
Return on Common Equity (%)
- -
53.73
35.88
6.09
-15.5
-13.88
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
2
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
3
Market Capitalization
329
159
14

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
61
75
80
Cash, Cash Equivalents & STI
5
12
11
Accounts Receivable, Net
32
39
45
Inventories
- -
- -
- -
Total Current Liabilities
40
56
63
Payables & Accruals
39
54
61
ST Debt
- -
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.68%
-12.64%
Free Cash Flow
- -
-244.02%
-291.29%
Net Income, GAAP
- -
-98.05%
-20.49%
Sales/Revenue/Turnover
- -
20.43%
-9.12%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
593
2025
- -
- -
538
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.14
2025
- -
- -
-1.4
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Teck Lim Chia
Full Time Employees
37
Sector
Transportation
Industry
Air freight/Couriers
Address
Kuala Lumpur City Centre Kuala Lumpur WP Malaysia 50088
IPO Date
Mar 23, 2023
Business
CBL International Limited (Nasdaq: BANL) operates as a marine fuel logistics company and bunkering facilitator, providing one-stop vessel refueling solutions to ship operators including container liners, bulk carriers and tankers through local physical suppliers and distributors. The company offers marine fuels comprising fossil fuels and alternative fuels such as biofuels; port-based refueling options and scheduling; physical delivery arrangements via endorsed distributors and chartered barges equipped with mass flow meters; trade credit facilities; contingency solutions for disruptions; fulfillment of special refueling requests; and dispute resolution for quality and quantity issues. CBL International serves over 65 ports across Asia Pacific, Europe, Africa and Central America, including Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, Singapore, Taiwan, Thailand, Turkey and Vietnam, with primary revenue contributions from China, Hong Kong, Malaysia, Singapore and South Korea. Founded in 2015 and headquartered in Kuala Lumpur, Malaysia, CBL International functions as a subsidiary of CBL (Asia) Limited and maintains establishments, representatives and agents for on-site bunker delivery supervision. In recent developments, the company expanded its global service network from 36 ports at its 2023 Nasdaq IPO to 65 ports by mid-2025, incorporating new locations such as Mauritius, Panama and India to capture demand from shifting trade routes amid Red Sea disruptions and U.S. tariff impacts. CBL International renamed its Singapore subsidiary to Banle International Singapore Pte Ltd in May 2025 to bolster sustainable fuels focus and regional growth, where revenue surged 102% year-over-year in 2024; launched biofuel supplies in Singapore in March 2025 followed by Malaysia, Hong Kong and China ports, driving over 600% year-over-year biofuel sales volume growth in 2024; secured ISCC EU and ISCC+ certifications to support IMO GHG compliance; and filed an effective $15 million shelf registration statement in January 2025. The company reported 9.8% sales volume growth in the first half of 2025 despite a revenue dip, with plans to further explore LNG, methanol and other green fuels while strengthening supplier ties and targeting non-container liner segments.

Company News

  • CBL International Limited (NASDAQ:BANL) Shares Shorted: Short Interest Down 55.7% in September

  • CBL International Reports Strong 1H 2026 Results Highlighting Return to Profitability, Strong Volume Growth, Gross Profit More Than Doubled, and a Special Cash Dividend of $0.10 Per Share

  • CBL International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement – Updated

  • CBL International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

  • CBL International Announces 1-for-13 Reverse Share Split

  • CBL International (NASDAQ:BANL) and U-Haul (NASDAQ:UHALB) Critical Analysis

  • Contrasting C.H. Robinson Worldwide (NASDAQ:CHRW) & CBL International (NASDAQ:BANL)

  • CBL International Limited (NASDAQ:BANL) Short Interest Down 44.8% in February

  • CBL International (NASDAQ:BANL) and Janel World Trade (OTCMKTS:JANL) Head-To-Head Contrast

  • What's Going On With CBL International Stock Tuesday?

  • CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen

  • Short Interest in CBL International Limited (NASDAQ:BANL) Drops By 30.4%

  • CBL International (NASDAQ:BANL) Trading Up 0.4% – Here’s What Happened

  • CBL International Limited Achieves EcoVadis Silver Medal, Ranking Among Top 15% Globally for Sustainability Performance

  • Dr. Teck Lim Chia, Chairman and CEO of CBL International, Honored at the Prestigious Directors of the Year Awards

  • CBL International Limited Wins Prestigious “CGMA Excellent Sustainability Award” at the CGMA Annual Awards 2025

  • Universal Logistics (NASDAQ:ULH) vs. CBL International (NASDAQ:BANL) Critical Contrast

  • CBL Appoints Mr. Yuan He to Board of Directors

  • Head-To-Head Analysis: CBL International (NASDAQ:BANL) versus Universal Logistics (NASDAQ:ULH)

  • CLARIFICATION ANNOUNCEMENT