Eastern International (ELOG)
Market Price (3/30/2026): $1.04 | Market Cap: $-Sector: Industrials | Industry: Air Freight & Logistics
Eastern International (ELOG)
Market Price (3/30/2026): $1.04Market Cap: $-Sector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Weak multi-year price returns2Y Excs Rtn is -88%, 3Y Excs Rtn is -128% | Penny stockMkt Price is 1.0 |
| High stock price volatilityVol 12M is 115% | |
| Key risksELOG key risks include [1] declining revenue and a high level of non-cash earnings and [2] a short operating record and small market capitalization. |
| Weak multi-year price returns2Y Excs Rtn is -88%, 3Y Excs Rtn is -128% |
| Penny stockMkt Price is 1.0 |
| High stock price volatilityVol 12M is 115% |
| Key risksELOG key risks include [1] declining revenue and a high level of non-cash earnings and [2] a short operating record and small market capitalization. |
Qualitative Assessment
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1. Consensus "Sell" Rating from Analysts.
One Wall Street analyst has issued a "Sell" rating for ELOG, indicating a negative outlook for the stock's performance.
2. Expiration of IPO Lock-Up Period.
The lock-up period for shares from Eastern International's Initial Public Offering, initially priced at $4.00, expired on February 24, 2026. This event likely increased selling pressure as major shareholders and company insiders became eligible to sell their shares.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| ELOG | -51.2% | |
| Market (SPY) | -5.3% | 9.3% |
| Sector (XLI) | 3.9% | 0.4% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| ELOG | -66.6% | |
| Market (SPY) | 0.6% | 6.6% |
| Sector (XLI) | 5.5% | -1.1% |
Fundamental Drivers
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Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| ELOG | ||
| Market (SPY) | 9.8% | 8.5% |
| Sector (XLI) | 18.4% | 1.2% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| ELOG | ||
| Market (SPY) | 69.4% | 8.5% |
| Sector (XLI) | 65.1% | 1.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ELOG Return | - | - | - | - | -61% | -9% | -65% |
| Peers Return | 23% | -29% | 57% | 2% | 39% | 6% | 107% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| ELOG Win Rate | - | - | - | - | 20% | 67% | |
| Peers Win Rate | 56% | 44% | 60% | 47% | 70% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| ELOG Max Drawdown | - | - | - | - | -61% | -16% | |
| Peers Max Drawdown | -10% | -39% | -9% | -14% | -24% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GCT, CHRW, EXPD, UPS, FDX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
ELOG has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1,463 days | 1,480 days |
Compare to GCT, CHRW, EXPD, UPS, FDX
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
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Asset Allocation
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About Eastern International (ELOG)
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- C.H. Robinson for industrial project logistics in China and Southeast Asia. (ELOG acts as a third-party logistics provider, similar to C.H. Robinson, but with a strong specialization in complex, large-scale industrial projects like moving wind turbines or chemical equipment, primarily within and from China to Southeast Asia.)
- A specialized Expeditors International, focused on managing complex, large-scale industrial shipments and projects for businesses, primarily operating in and out of China. (Like Expeditors International, ELOG provides comprehensive logistics and freight forwarding services for businesses, with a particular expertise in handling oversized cargo and intricate supply chain solutions for industrial clients in the Chinese market and its cross-border routes.)
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Eastern International (ELOG) provides the following major services:
- Project Logistics Services: Comprehensive logistics solutions for large-scale construction projects and the specialized transportation of oversized or precision equipment.
- General Logistics Services: Standard transportation, warehousing, loading, unloading, and distribution for ordinary products, including full truckload and less-than-truckload options.
- Cross-border Logistics Services: International transportation, primarily inland and railway, connecting mainland China with Southeast Asia and Europe for various cargo types.
- Warehousing and Distribution Services: Storage, inventory management, and value-added services offered through its network of warehouses and logistic centers.
AI Analysis | Feedback
Eastern International (ELOG) sells primarily to other companies. Based on the provided description, the company serves the following categories of business customers:
- Companies involved in new energy projects (including wind power, photovoltaic, and renewable energy storage), chemical equipment, and engineering and infrastructure construction projects (such as roads, bridges, and tunnels). These clients typically require comprehensive project logistics services.
- Manufacturers or purchasers of special and customized large and/or precision equipment, including items like stamping machines, lathes, and aircraft engines, for whom ELOG provides specialized cargo logistics.
- Household appliance manufacturers that require general logistics services, including transportation, warehousing, loading, unloading, and distribution of ordinary products from factories to warehouses and distributors nationwide.
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Albert Wong Chief Executive Officer and Chairman
Mr. Albert Wong has served as the Chief Executive Officer of Eastern International Ltd. since February 8, 2024, a Director since July 27, 2023, and Chairman since September 2023. He is a significant stakeholder, holding a 70% share of Eastern Worldwide Logistics Group Inc., a Samoa-based company that owns 4,266,000 ordinary shares of Eastern International. Mr. Wong also directly owns 1,000,000 preferred shares of Eastern International.
Chung Leung Cheung Chief Financial Officer
Mr. Chung Leung Cheung serves as the Chief Financial Officer of Eastern International Ltd.
Lin Tan Chief Operating Officer
Mr. Lin Tan serves as the Chief Operating Officer of Eastern International Ltd.
AI Analysis | Feedback
The key risks to Eastern International's business are:Regulatory and Geopolitical Risks in China
As a holding company incorporated in the Cayman Islands with all material operations conducted through subsidiaries in mainland China, Eastern International is highly exposed to changes in Chinese laws, regulations, and policies. This includes potential shifts in foreign investment rules, data security regulations, and cross-border operational requirements. Furthermore, geopolitical tensions or shifts in international relations could adversely impact its cross-border logistics services, particularly those connecting mainland China with Southeast Asia and Europe, and affect the overall business environment in which it operates.
Dependence on Third-Party Transportation Contractors
Eastern International's operational model heavily relies on a network of over 2,000 cooperative truck owners and drivers for its domestic long-distance transportation, while only owning 20 trucks itself. This significant dependence on third-party contractors introduces risks such as variability in their availability and pricing, which could lead to increased operational costs or an inability to meet client demand. It also poses challenges in consistently maintaining service quality and could expose the company to potential liability issues related to the actions of these independent contractors.
Sensitivity to Economic Conditions and Sector-Specific Demand Fluctuations
The company's project logistics services are deeply intertwined with large-scale construction, new energy (including wind power turbine, photovoltaic, renewable energy storage), chemical equipment, and infrastructure projects. Similarly, its general logistics services cater to household appliance manufacturers. Consequently, a slowdown in the broader economy, particularly within China, or a decrease in investment and activity within these specific industrial sectors, could lead to a significant reduction in demand for Eastern International's specialized and general logistics services, thereby impacting its revenue and profitability.
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Eastern International (ELOG) operates in the logistics sector across several key regions. The addressable markets for their main products and services include:
- China Logistics Market: The overall logistics market in China was valued at approximately USD 1.31 trillion in 2025 and is projected to reach USD 1.78 trillion by 2030, growing at a compound annual growth rate (CAGR) of 6.27% during this period. Another estimate placed the China logistics market revenue at USD 359.6 billion in 2024, expected to grow to USD 548.5 billion by 2030. China's total social logistics value surpassed 360 trillion yuan (approximately $49.32 trillion) in 2024. The country has been the world's largest logistics market for nine consecutive years.
- China Project Logistics Market: Specifically for project logistics within China, the market size was valued at USD 8.64 billion in 2025 and is estimated to grow to USD 9.14 billion in 2026, with projections to reach USD 12.11 billion by 2031 at a CAGR of 5.78%. This market includes services for construction, infrastructure, and large or precision equipment. In 2025, transportation services accounted for 63.20% of the China project logistics market, and heavy-lift cargo represented 27.55%. The energy generation and transmission sector captured 23.40% of the revenue share in this market in 2025.
- Southeast Asia Logistics Market: The logistics market in Southeast Asia reached an estimated size of USD 223.6 billion in 2025 and is projected to grow to USD 360.0 billion by 2034, demonstrating a CAGR of 5.43% from 2026 to 2034. The Southeast Asia Third-Party Logistics (3PL) Market was valued at approximately USD 26.6 billion in 2023. China's total trade with the Association of Southeast Asian Nations (ASEAN) countries expanded to USD 847.5 billion in 2022.
- Central Asia Logistics Market: As a representative of the Central Asian logistics market, Kazakhstan's freight and logistics market was valued at USD 29.30 billion in 2025 and is estimated to grow to USD 30.5 billion in 2026, projected to reach USD 37.24 billion by 2031 at a CAGR of 4.08%. The transit of goods through Kazakhstan increased by 21% from January to November 2023 compared to 2022, totaling 980.7 million tons of cargo. The Middle Corridor (Trans-Caspian International Transport Route), which passes through Central Asian territories, saw cargo volumes increase from 350,000 tons in 2020 to 4.5 million tons in 2024, with projections to reach 11 million tons by 2030.
- China-Europe Rail Freight Transport Market: The market for China-Europe rail freight transport is estimated at USD 18.27 billion in 2026, up from USD 16 billion in 2025, and is projected to reach USD 35.49 billion by 2031, with a CAGR of 14.2% during 2026-2031. In 2025, China-Europe freight train services operated 20,022 trips.
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Eastern International (ELOG) is expected to drive future revenue growth over the next 2-3 years through a focus on specialized logistics for high-growth sectors, expanding its cross-border operations, and leveraging technological advancements.
- Expansion in New Energy and Infrastructure Project Logistics: Eastern International specializes in project logistics for large or precision equipment, particularly for new energy projects such as wind power turbines, photovoltaic installations, and renewable energy storage, as well as chemical equipment and infrastructure construction. The company recently won a bid for a wind power construction project valued at RMB 91.52 million (approximately USD 12.7 million) and completed two major offshore wind power projects, securing an additional large-scale offshore transportation contract in early 2026. Furthermore, an analysis in December 2025 noted that a current 50-megawatt project is part of a larger planned 300-megawatt initiative, with the remaining 250 megawatts representing a significant opportunity that could nearly double the company's annual revenue base. The company's experience in exporting wind power turbine projects to countries like Vietnam, UAE, Australia, South Africa, and Chile further underscores its capability and potential in this growing global sector.
- Geographic Expansion and Growth in Cross-Border Logistics: Since initiating cross-border logistics services in 2019, Eastern International has focused on inland and railway transportation between Mainland China and Southeast Asian countries. The company's operating network already extends across key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia. Recent reports from December 2025 indicate that ELOG's board has unveiled plans for strategic expansion into emerging markets, aiming to tap into new revenue streams. This strategic focus on broadening its geographic footprint and intensifying its cross-border operations is anticipated to be a significant contributor to revenue growth.
- Technological Advancement and AI Integration: Eastern International has an independently developed Enterprise Resource Planning (ERP) management system, indicating a foundational commitment to technology. More recently, the company has reportedly engaged in collaborations with top-tier tech firms to integrate artificial intelligence (AI) into traditional logistics sectors, a move that is viewed as a breakthrough. This focus on leveraging AI and other technological advancements is expected to enhance operational efficiency, optimize logistics solutions, and potentially introduce new service offerings, thereby contributing to future revenue growth and market differentiation.
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Share Repurchases
- Eastern International (ELOG) reported $0.0 in common stock repurchases over the last 12 months.
- There have been no significant common stock repurchases by Eastern International between 2022 and 2025.
Share Issuance
- Eastern International's Initial Public Offering (IPO) occurred on August 28, 2025.
- The number of outstanding shares for ELOG increased by 2.70% in one year.
- As of March 2026, Eastern International has approximately 12.02 million shares outstanding.
Capital Expenditures
- In the last 12 months, Eastern International's capital expenditures were approximately -$188,573.
- Capital expenditures in the most recent quarter totaled approximately -$0.01 million.
Trade Ideas
Select ideas related to ELOG.
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 118.01 |
| Mkt Cap | 19.4 |
| Rev LTM | 16,233 |
| Op Inc LTM | 1,053 |
| FCF LTM | 953 |
| FCF 3Y Avg | 883 |
| CFO LTM | 1,007 |
| CFO 3Y Avg | 928 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.1% |
| Rev Chg 3Y Avg | -4.0% |
| Rev Chg Q | -3.2% |
| QoQ Delta Rev Chg LTM | -0.9% |
| Op Mgn LTM | 8.9% |
| Op Mgn 3Y Avg | 9.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 9.1% |
| CFO/Rev 3Y Avg | 9.3% |
| FCF/Rev LTM | 5.4% |
| FCF/Rev 3Y Avg | 5.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 19.4 |
| P/S | 1.2 |
| P/EBIT | 12.3 |
| P/E | 18.6 |
| P/CFO | 9.9 |
| Total Yield | 7.0% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 5.1% |
| D/E | 0.3 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -11.8% |
| 3M Rtn | -3.0% |
| 6M Rtn | 20.1% |
| 12M Rtn | 32.4% |
| 3Y Rtn | 50.0% |
| 1M Excs Rtn | -3.9% |
| 3M Excs Rtn | 5.0% |
| 6M Excs Rtn | 23.6% |
| 12M Excs Rtn | 20.6% |
| 3Y Excs Rtn | -7.5% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
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