STO Express Co Ltd (002468) - Net Assets
Based on the latest financial reports, STO Express Co Ltd (002468) has net assets worth CN¥11.40 Billion CNY (≈ $1.67 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥30.08 Billion ≈ $4.40 Billion USD) and total liabilities (CN¥18.69 Billion ≈ $2.73 Billion USD). 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. Check STO Express Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.40 Billion |
| % of Total Assets | 37.89% |
| Annual Growth Rate | 24.71% |
| 5-Year Change | 38.72% |
| 10-Year Change | 100.78% |
| Growth Volatility | 139.84 |
STO Express Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how STO Express Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can STO Express Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for STO Express Co Ltd (2007–2025)
The table below shows the annual net assets of STO Express Co Ltd from 2007 to 2025. For live valuation and market cap data, see STO Express Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.93 Billion ≈ $1.60 Billion |
+11.41% |
| 2024-12-31 | CN¥9.81 Billion ≈ $1.44 Billion |
+11.22% |
| 2023-12-31 | CN¥8.82 Billion ≈ $1.29 Billion |
+7.45% |
| 2022-12-31 | CN¥8.21 Billion ≈ $1.20 Billion |
+4.19% |
| 2021-12-31 | CN¥7.88 Billion ≈ $1.15 Billion |
-10.91% |
| 2020-12-31 | CN¥8.84 Billion ≈ $1.29 Billion |
-4.01% |
| 2019-12-31 | CN¥9.21 Billion ≈ $1.35 Billion |
+7.54% |
| 2018-12-31 | CN¥8.57 Billion ≈ $1.25 Billion |
+26.41% |
| 2017-12-31 | CN¥6.78 Billion ≈ $991.55 Million |
+24.51% |
| 2016-12-31 | CN¥5.44 Billion ≈ $796.38 Million |
+592.77% |
| 2015-12-31 | CN¥785.59 Million ≈ $114.96 Million |
+2.76% |
| 2014-12-31 | CN¥764.48 Million ≈ $111.87 Million |
+0.24% |
| 2013-12-31 | CN¥762.63 Million ≈ $111.60 Million |
+2.26% |
| 2012-12-31 | CN¥745.80 Million ≈ $109.13 Million |
-2.00% |
| 2011-12-31 | CN¥761.03 Million ≈ $111.36 Million |
-4.44% |
| 2010-12-31 | CN¥796.40 Million ≈ $116.54 Million |
+209.06% |
| 2009-12-31 | CN¥257.69 Million ≈ $37.71 Million |
+6.33% |
| 2008-12-31 | CN¥242.34 Million ≈ $35.46 Million |
+18.09% |
| 2007-12-31 | CN¥205.22 Million ≈ $30.03 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 28686.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.07 Billion | 64.70% |
| Other Components | CN¥3.86 Billion | 35.30% |
| Total Equity | CN¥10.92 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 |
|---|---|
|
Jack Sewing
SHG:603337
|
$2.98 Billion |
|
Highwealth Construction Corp
TW:2542
|
$2.98 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
$2.98 Billion |
|
Hellenic Petroleum S.A
AT:ELPE
|
$2.98 Billion |
|
PTC INDUSTRIES LTD
NSE:PTCIL
|
$2.97 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
$2.97 Billion |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
$2.97 Billion |
|
Madison Square Garden Entertainment Corp
NYSE:MSGE
|
$2.97 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 2024 to 2025, total equity changed from 9,806,680,991 to 10,922,192,202, a change of 1,115,511,211 (11.4%).
- Net income of 1,368,631,017 contributed positively to equity growth.
- Dividend payments of 163,596,413 reduced retained earnings.
- Other comprehensive income decreased equity by 697,245,566.
- Other factors increased equity by 607,722,173.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.37 Billion | +12.53% |
| Dividends Paid | CN¥163.60 Million | -1.5% |
| Other Comprehensive Income | CN¥-697.25 Million | -6.38% |
| Other Changes | CN¥607.72 Million | +5.56% |
| Total Change | CN¥- | 11.38% |
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: 1.86x
- 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 18.08x to 1.86x 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¥13.28 | x |
| 2008-12-31 | CN¥0.95 | CN¥13.28 | x |
| 2009-12-31 | CN¥1.03 | CN¥13.28 | x |
| 2010-12-31 | CN¥2.87 | CN¥13.28 | x |
| 2011-12-31 | CN¥2.46 | CN¥13.28 | x |
| 2012-12-31 | CN¥2.25 | CN¥13.28 | x |
| 2013-12-31 | CN¥2.42 | CN¥13.28 | x |
| 2014-12-31 | CN¥2.62 | CN¥13.28 | x |
| 2015-12-31 | CN¥0.75 | CN¥13.28 | x |
| 2016-12-31 | CN¥5.31 | CN¥13.28 | x |
| 2017-12-31 | CN¥4.40 | CN¥13.28 | x |
| 2018-12-31 | CN¥5.56 | CN¥13.28 | x |
| 2019-12-31 | CN¥5.97 | CN¥13.28 | x |
| 2020-12-31 | CN¥5.80 | CN¥13.28 | x |
| 2021-12-31 | CN¥5.18 | CN¥13.28 | x |
| 2022-12-31 | CN¥5.35 | CN¥13.28 | x |
| 2023-12-31 | CN¥5.67 | CN¥13.28 | x |
| 2024-12-31 | CN¥6.41 | CN¥13.28 | x |
| 2025-12-31 | CN¥7.13 | CN¥13.28 | 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): 12.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.46%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 2.68x
- Recent ROE (12.53%) is below the historical average (17.04%), 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 | 1.12% | 0.67% | 0.84x | 1.99x | CN¥-63.33 Million |
| 2013 | 1.24% | 0.61% | 0.94x | 2.14x | CN¥-63.26 Million |
| 2014 | 1.15% | 0.49% | 1.06x | 2.23x | CN¥-64.42 Million |
| 2015 | 98.43% | 9.92% | 2.71x | 3.66x | CN¥687.12 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% | 1.26x | 1.95x | 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 |
| 2025 | 12.53% | 2.46% | 1.90x | 2.68x | CN¥276.41 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: $12,384,172,875
- Average return on equity (ROE) among peers: 9.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| STO Express Co Ltd (002468) | CN¥11.40 Billion | 18.15% | 1.64x | $2.97 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $5.44 Billion | 5.58% | 0.30x | $1.80 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $94.35 Million | 19.14% | 0.14x | $345.64 Million |
| YUNDA Holding Co Ltd (002120) | $418.66 Million | 7.68% | 1.37x | $2.67 Billion |
| S.F. Holding Co. Ltd (002352) | $102.34 Billion | 9.94% | 1.09x | $22.15 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $1.02 Billion | 5.88% | 0.64x | $658.46 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $1.45 Billion | 4.67% | 3.21x | $398.79 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $535.51 Million | -8.10% | 0.56x | $322.61 Million |
| Shenzhen Easttop Supply Chain Management Co Ltd (002889) | $278.97 Million | 42.39% | 39.04x | $604.04 Million |
| Jiangsu Xinning Modern Logist (300013) | $-114.02 Million | 0.00% | 0.00x | $335.81 Million |
About STO Express Co Ltd
STO Express Co.,Ltd provides express delivery services in China and internationally. It offers delivery, warehousing, and personal mail services; courier accessories comprising courier packaging materials such as envelopes, document bags, and cardboard boxes; and value-added services, including pre-sale, Shendongdong service and other products. The company was founded in 1993 and is headquartered… Read more