STO Express Co Ltd
STO Express Co.,Ltd provides express delivery services in China and internationally. It offers express delivery services; value-added services, such as collection of payment, pre-sale, Shendongdong service and other products; and express accessories, including envelopes, document bags, cartons, and other express package materials, as well as C2M origin warehouses, grid warehouses, and consolidate… Read more
STO Express Co Ltd (002468) - Net Assets
Latest net assets as of September 2025: CN¥10.29 Billion CNY
Based on the latest financial reports, STO Express Co Ltd (002468) has net assets worth CN¥10.29 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥27.89 Billion) and total liabilities (CN¥17.60 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.29 Billion |
| % of Total Assets | 36.9% |
| Annual Growth Rate | 25.54% |
| 5-Year Change | 10.93% |
| 10-Year Change | 1190.81% |
| Growth Volatility | 148.86 |
STO Express Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how STO Express Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for STO Express Co Ltd (2007–2024)
The table below shows the annual net assets of STO Express Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.81 Billion | +11.22% |
| 2023-12-31 | CN¥8.82 Billion | +7.45% |
| 2022-12-31 | CN¥8.21 Billion | +4.19% |
| 2021-12-31 | CN¥7.88 Billion | -10.91% |
| 2020-12-31 | CN¥8.84 Billion | -4.01% |
| 2019-12-31 | CN¥9.21 Billion | +7.54% |
| 2018-12-31 | CN¥8.57 Billion | +26.41% |
| 2017-12-31 | CN¥6.78 Billion | +24.51% |
| 2016-12-31 | CN¥5.44 Billion | +616.26% |
| 2015-12-31 | CN¥759.82 Million | -0.61% |
| 2014-12-31 | CN¥764.48 Million | +0.24% |
| 2013-12-31 | CN¥762.63 Million | +1.42% |
| 2012-12-31 | CN¥751.94 Million | -1.20% |
| 2011-12-31 | CN¥761.03 Million | -4.44% |
| 2010-12-31 | CN¥796.40 Million | +209.06% |
| 2009-12-31 | CN¥257.69 Million | +6.33% |
| 2008-12-31 | CN¥242.34 Million | +18.09% |
| 2007-12-31 | CN¥205.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to STO Express Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 23646.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.83 Billion | 59.44% |
| Common Stock | CN¥422.01 Million | 4.30% |
| Other Comprehensive Income | CN¥697.25 Million | 7.11% |
| Other Components | CN¥2.86 Billion | 29.14% |
| Total Equity | CN¥9.81 Billion | 100.00% |
STO Express Co Ltd Competitors by Market Cap
The table below lists competitors of STO Express Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koninklijke BAM Groep nv
PINK:KBAGF
|
$1.01 Billion |
|
Luzerner Kantonalbank AG
LSE:0QNU
|
$1.01 Billion |
|
Grupo Elektra S.A.B. de C.V
MX:ELEKTRA
|
$1.01 Billion |
|
OSG Corporation
F:OSG
|
$1.01 Billion |
|
Xinjiang Joinworld Co Ltd
SHG:600888
|
$1.01 Billion |
|
Nabors Industries Ltd
NYSE:NBR
|
$1.01 Billion |
|
China Kings Resources Group Co
SHG:603505
|
$1.01 Billion |
|
Shougang Fushan Resources Group Limited
F:FU7
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in STO Express Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,788,032,892 to 9,806,680,991, a change of 1,018,648,099 (11.6%).
- Net income of 1,039,952,628 contributed positively to equity growth.
- Dividend payments of 160,875,531 reduced retained earnings.
- Share repurchases of 30,099,797 reduced equity.
- Other comprehensive income decreased equity by 243,728,057.
- Other factors increased equity by 413,398,856.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.04 Billion | +10.6% |
| Dividends Paid | CN¥160.88 Million | -1.64% |
| Share Repurchases | CN¥30.10 Million | -0.31% |
| Other Comprehensive Income | CN¥-243.73 Million | -2.49% |
| Other Changes | CN¥413.40 Million | +4.22% |
| Total Change | CN¥- | 11.59% |
Book Value vs Market Value Analysis
This analysis compares STO Express Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.72x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.73 | CN¥13.75 | x |
| 2008-12-31 | CN¥0.95 | CN¥13.75 | x |
| 2009-12-31 | CN¥1.03 | CN¥13.75 | x |
| 2010-12-31 | CN¥2.87 | CN¥13.75 | x |
| 2011-12-31 | CN¥2.46 | CN¥13.75 | x |
| 2012-12-31 | CN¥2.27 | CN¥13.75 | x |
| 2013-12-31 | CN¥2.42 | CN¥13.75 | x |
| 2014-12-31 | CN¥2.62 | CN¥13.75 | x |
| 2015-12-31 | CN¥0.70 | CN¥13.75 | x |
| 2016-12-31 | CN¥5.31 | CN¥13.75 | x |
| 2017-12-31 | CN¥4.40 | CN¥13.75 | x |
| 2018-12-31 | CN¥5.56 | CN¥13.75 | x |
| 2019-12-31 | CN¥5.97 | CN¥13.75 | x |
| 2020-12-31 | CN¥5.80 | CN¥13.75 | x |
| 2021-12-31 | CN¥5.18 | CN¥13.75 | x |
| 2022-12-31 | CN¥5.35 | CN¥13.75 | x |
| 2023-12-31 | CN¥5.67 | CN¥13.75 | x |
| 2024-12-31 | CN¥6.41 | CN¥13.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently STO Express Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 2.58x
- Recent ROE (10.60%) is below the historical average (17.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 18.15% | 4.92% | 1.23x | 3.01x | CN¥14.85 Million |
| 2008 | 64.32% | 15.50% | 1.94x | 2.13x | CN¥128.29 Million |
| 2009 | 23.84% | 8.15% | 1.19x | 2.45x | CN¥35.66 Million |
| 2010 | 10.07% | 6.96% | 1.07x | 1.35x | CN¥529.01K |
| 2011 | 1.41% | 1.01% | 0.82x | 1.71x | CN¥-65.21 Million |
| 2012 | 1.11% | 0.67% | 0.86x | 1.93x | CN¥-63.93 Million |
| 2013 | 1.24% | 0.17% | 3.30x | 2.14x | CN¥-63.26 Million |
| 2014 | 1.15% | 0.14% | 3.63x | 2.23x | CN¥-64.42 Million |
| 2015 | 105.05% | 9.92% | 4.91x | 2.16x | CN¥692.01 Million |
| 2016 | 23.18% | 12.77% | 1.24x | 1.46x | CN¥717.48 Million |
| 2017 | 22.03% | 11.75% | 1.44x | 1.30x | CN¥812.56 Million |
| 2018 | 24.10% | 12.04% | 1.43x | 1.40x | CN¥1.20 Billion |
| 2019 | 15.41% | 6.10% | 1.67x | 1.52x | CN¥494.61 Million |
| 2020 | 0.41% | 0.17% | 1.35x | 1.81x | CN¥-842.70 Million |
| 2021 | -11.62% | -3.60% | 1.35x | 2.40x | CN¥-1.69 Billion |
| 2022 | 3.52% | 0.85% | 1.66x | 2.49x | CN¥-529.22 Million |
| 2023 | 3.88% | 0.83% | 1.80x | 2.59x | CN¥-538.11 Million |
| 2024 | 10.60% | 2.20% | 1.86x | 2.58x | CN¥59.28 Million |
Industry Comparison
This section compares STO Express Co Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $948,031,451
- Average return on equity (ROE) among peers: 9.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| STO Express Co Ltd (002468) | CN¥10.29 Billion | 18.15% | 1.71x | $1.01 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $1.20 Billion | 6.92% | 0.50x | $1.26 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $94.35 Million | 19.14% | 0.14x | $126.68 Million |
| Yongtaiyun Chemical Logistics Co.Ltd (001228) | $1.88 Billion | 7.98% | 1.09x | $200.09 Million |
| San Yang Ma (Chongqing) Logistics Co.Ltd. (001317) | $855.70 Million | 2.35% | 0.83x | $210.32 Million |
| YUNDA Holding Co Ltd (002120) | $84.36 Million | 13.68% | 2.05x | $2.57 Billion |
| S.F. Holding Co. Ltd (002352) | $126.48 Million | 32.88% | 1.12x | $10.96 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $2.33 Billion | 4.94% | 0.81x | $493.16 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $1.38 Billion | -6.14% | 4.12x | $411.09 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $582.68 Million | 6.88% | 0.81x | $234.39 Million |