DLXYNasdaqWholesale-Petroleum & Petroleum Products (No Bulk Stations)US GAAP · USD

Delixy Holdings Ltd

Delixy Holdings Ltd is a Singapore-based oil trading company that buys and sells crude oil and a broad range of oil-related products. Its business spans Southeast Asia, East Asia, and the Middle East, with trading activity supported by logistics, shipping coordination, and customer financing.

Liikevaihto308milj. USD
−2,3 %v/v
Liikevoitto (EBIT)−4,5milj. USD
−742,1 %v/v
EBIT-marginaali−1,5%
−1,7 %-yks.v/v
Nettotulos−4,5milj. USD
−534,1 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2024–2025

−1000100200300400milj. USD2024: 315 milj. USD2024: EBIT 0,71 milj. USD20242025: 308 milj. USD2025: EBIT −4,5 milj. USD2025308−4,5
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Crude oil trading40 %

Purchase and resale of crude oil, which is described as a core part of the business.

Refined oil products30 %

Trading of fuel oils, motor gasoline, gas oil, and base oils.

Specialty petroleum products20 %

Trading of additives, asphalt, naphtha, and related oil-based products.

Petrochemicals5 %

Trading of petrochemical products used in downstream industrial and blending applications.

Trading support services5 %

Shipping, logistics, and financing support tied to physical commodity trades.

Tuotteet

Raportoitu · osuus liikevaihdosta
59,3%40,7%FY2025100 %
  • Sale of Crude Oil59,3 %
  • Sale of Oil Based Products40,7 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Delixy sells to customers in the oil trading ecosystem, including regional wholesalers, distributors, and industrial buyers that need physical supply of crude and refined products. Its value proposition is not only product access but also trade execution support, logistics coordination, and credit terms that can help counterparties manage working capital.

Oil traders and wholesalers

They buy crude and refined products for resale, blending, or regional distribution.

Industrial fuel buyers

They purchase fuel oils, gas oil, and related products for operations and energy use.

Petrochemical and blending customers

They buy naphtha, base oils, additives, and petrochemical feedstocks for downstream use.

Financed trading counterparties

They rely on Delixy's ability to extend credit terms while suppliers are paid promptly.

Strategia

Delixy's strategy is built around sourcing and distributing a diversified portfolio of oil-related products while keeping crude oil as a core trading line. The company also emphasizes relationship depth, trading expertise, logistics support, and customer financing to win transactions and support repeat business in competitive commodity markets.

Maintain a diversified physical product mixKeskipitkä aikaväli

Diversification across crude, refined products, and petrochemicals reduces dependence on any single product flow.

Deepen trading relationshipsLyhyt aikaväli

In commodity trading, access to reliable customers and suppliers is a key competitive advantage.

Provide integrated trade supportLyhyt aikaväli

Shipping, logistics, and financing support can make Delixy more useful than a pure reseller.

Maantiede

2025

Delixy is based in Singapore and operates across multiple countries in Southeast Asia, East Asia, and the Middle East. Those regions shape the business because physical commodity trading depends on port access, shipping routes, and local counterparty networks, while also exposing the company to regional supply, demand, and geopolitical conditions.

Asia Pacific74 %
Middle East17 %
Asia9,1 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Delixy is exposed to commodity price volatility, freight and logistics disruption, and credit risk because it trades physical oil products across borders and sometimes extends customer credit. Its regional footprint also creates geopolitical and regulatory exposure, while trading businesses can be pressured by narrow spreads, counterparty concentration, and inventory/settlement timing mismatches.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity price volatility1Counterparty credit risk2Geopolitical and regulatory exposure3Logistics and shipping disruption4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    The company trades crude and petroleum products whose prices can move sharply between purchase and sale.

    Kohdistuu: Crude oil and refined products trading

  2. Counterparty credit riskVaikutus: KorkeaTodennäköisyys: Korkea

    Delixy extends credit terms to customers while paying suppliers promptly, creating settlement exposure.

    Kohdistuu: Trade receivables and working capital

  3. Geopolitical and regulatory exposureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Operations across Southeast Asia, East Asia, and the Middle East can be affected by sanctions, customs, or supply disruptions.

    Kohdistuu: International oil trading routes

  4. Logistics and shipping disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Physical cargo trading depends on vessel availability, port access, and timely delivery.

    Kohdistuu: Regional cross-border trading routes

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on cargo transfers

Physical commodity sales may be recognized at shipment or delivery depending on contract terms.

Vaikutus: Affects reported revenue timing and period comparability

Expected credit losses

Extended customer terms create the need for receivable impairment estimates.

Vaikutus: Can materially affect operating results when counterparties weaken

Inventory valuation

Oil inventories must be carried at the lower of cost and net realizable value under applicable rules.

Vaikutus: Price declines can create write-downs

Derivative and hedge accounting

Commodity traders often use derivatives to manage exposure to price and freight movements.

Vaikutus: Can create volatility in earnings and equity

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026