YTO Express Group Co Ltd (600233) - Net Assets

Latest as of September 2025: CN¥33.85 Billion CNY ≈ $4.95 Billion USD

Based on the latest financial reports, YTO Express Group Co Ltd (600233) has net assets worth CN¥33.85 Billion CNY (≈ $4.95 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥51.67 Billion ≈ $7.56 Billion USD) and total liabilities (CN¥17.82 Billion ≈ $2.61 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 tangible equity quality of YTO Express Group Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥33.85 Billion
% of Total Assets 65.52%
Annual Growth Rate 22.24%
5-Year Change 83.88%
10-Year Change 2358.82%
Growth Volatility 101.29

YTO Express Group Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how YTO Express Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See YTO Express Group Co Ltd (600233) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for YTO Express Group Co Ltd (1997–2024)

The table below shows the annual net assets of YTO Express Group Co Ltd from 1997 to 2024. For live valuation and market cap data, see YTO Express Group Co Ltd (600233) total market value.

Year Net Assets Change
2024-12-31 CN¥32.21 Billion
≈ $4.71 Billion		 +9.75%
2023-12-31 CN¥29.35 Billion
≈ $4.29 Billion		 +7.92%
2022-12-31 CN¥27.19 Billion
≈ $3.98 Billion		 +17.93%
2021-12-31 CN¥23.06 Billion
≈ $3.37 Billion		 +31.64%
2020-12-31 CN¥17.52 Billion
≈ $2.56 Billion		 +32.48%
2019-12-31 CN¥13.22 Billion
≈ $1.93 Billion		 +12.10%
2018-12-31 CN¥11.79 Billion
≈ $1.73 Billion		 +25.97%
2017-12-31 CN¥9.36 Billion
≈ $1.37 Billion		 +14.11%
2016-12-31 CN¥8.21 Billion
≈ $1.20 Billion		 +526.41%
2015-12-31 CN¥1.31 Billion
≈ $191.68 Million		 +3.00%
2014-12-31 CN¥1.27 Billion
≈ $186.11 Million		 +2.92%
2013-12-31 CN¥1.24 Billion
≈ $180.83 Million		 +1.44%
2012-12-31 CN¥1.22 Billion
≈ $178.27 Million		 +5.36%
2011-12-31 CN¥1.16 Billion
≈ $169.20 Million		 +11.75%
2010-12-31 CN¥1.03 Billion
≈ $151.40 Million		 +17.21%
2009-12-31 CN¥882.75 Million
≈ $129.17 Million		 +14.63%
2008-12-31 CN¥770.12 Million
≈ $112.69 Million		 +10.30%
2007-12-31 CN¥698.18 Million
≈ $102.17 Million		 +17.15%
2006-12-31 CN¥595.99 Million
≈ $87.21 Million		 +7.44%
2005-12-31 CN¥554.71 Million
≈ $81.17 Million		 +1.18%
2004-12-31 CN¥548.24 Million
≈ $80.22 Million		 +2.33%
2003-12-31 CN¥535.73 Million
≈ $78.39 Million		 +6.50%
2002-12-31 CN¥503.05 Million
≈ $73.61 Million		 +3.34%
2001-12-31 CN¥486.78 Million
≈ $71.23 Million		 +7.99%
2000-12-31 CN¥450.78 Million
≈ $65.96 Million		 +174.84%
1999-12-31 CN¥164.01 Million
≈ $24.00 Million		 +10.32%
1998-12-31 CN¥148.67 Million
≈ $21.75 Million		 +4.50%
1997-12-31 CN¥142.27 Million
≈ $20.82 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to YTO Express Group 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 1721613594579.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥17.21 Billion 54.33%
Common Stock CN¥998.19 Million 3.15%
Other Comprehensive Income CN¥865.46 Million 2.73%
Other Components CN¥12.60 Billion 39.79%
Total Equity CN¥31.67 Billion 100.00%

YTO Express Group Co Ltd Competitors by Market Cap

The table below lists competitors of YTO Express Group Co Ltd ranked by their market capitalization.

Company Market Cap
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
 $8.57 Billion
GMéxico Transportes S.A.B. de C.V
MX:GMXT
 $8.58 Billion
Beijing Sifang Automation Co Ltd
SHG:601126
 $8.58 Billion
DocuSign Inc
NASDAQ:DOCU
 $8.59 Billion
Adani Total Gas Limited
NSE:ATGL
 $8.56 Billion
Indoritel Makmur Internasional
JK:DNET
 $8.56 Billion
Joulwatt Technology Co. Ltd. A
SHG:688141
 $8.56 Billion
Wuhan Guide Infrared Co Ltd
SHE:002414
 $8.55 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in YTO Express Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 28,799,180,251 to 31,672,337,991, a change of 2,873,157,740 (10.0%).
  • Net income of 4,012,333,938 contributed positively to equity growth.
  • Dividend payments of 1,196,558,102 reduced retained earnings.
  • Other comprehensive income increased equity by 865,462,895.
  • Other factors decreased equity by 808,080,991.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.01 Billion +12.67%
Dividends Paid CN¥1.20 Billion -3.78%
Other Comprehensive Income CN¥865.46 Million +2.73%
Other Changes CN¥-808.08 Million -2.55%
Total Change CN¥- 9.98%

Book Value vs Market Value Analysis

This analysis compares YTO Express Group 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 34.42x 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
1997-12-31 CN¥0.50 CN¥17.11 x
1998-12-31 CN¥0.52 CN¥17.11 x
1999-12-31 CN¥0.58 CN¥17.11 x
2000-12-31 CN¥1.91 CN¥17.11 x
2001-12-31 CN¥2.00 CN¥17.11 x
2002-12-31 CN¥2.06 CN¥17.11 x
2003-12-31 CN¥2.18 CN¥17.11 x
2004-12-31 CN¥2.23 CN¥17.11 x
2005-12-31 CN¥2.27 CN¥17.11 x
2006-12-31 CN¥1.53 CN¥17.11 x
2007-12-31 CN¥1.76 CN¥17.11 x
2008-12-31 CN¥1.91 CN¥17.11 x
2009-12-31 CN¥2.18 CN¥17.11 x
2010-12-31 CN¥2.55 CN¥17.11 x
2011-12-31 CN¥2.83 CN¥17.11 x
2012-12-31 CN¥3.00 CN¥17.11 x
2013-12-31 CN¥3.09 CN¥17.11 x
2014-12-31 CN¥3.15 CN¥17.11 x
2015-12-31 CN¥0.51 CN¥17.11 x
2016-12-31 CN¥3.41 CN¥17.11 x
2017-12-31 CN¥3.27 CN¥17.11 x
2018-12-31 CN¥4.06 CN¥17.11 x
2019-12-31 CN¥4.33 CN¥17.11 x
2020-12-31 CN¥5.55 CN¥17.11 x
2021-12-31 CN¥7.15 CN¥17.11 x
2022-12-31 CN¥7.75 CN¥17.11 x
2023-12-31 CN¥8.37 CN¥17.11 x
2024-12-31 CN¥9.20 CN¥17.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently YTO Express Group 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): 12.67%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.81%
  • • Asset Turnover: 1.43x
  • • Equity Multiplier: 1.52x
  • Recent ROE (12.67%) is below the historical average (16.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 14.94% 4.45% 1.12x 3.00x CN¥5.12 Million
1998 18.77% 7.49% 0.96x 2.62x CN¥9.53 Million
1999 22.61% 11.59% 0.91x 2.13x CN¥15.23 Million
2000 7.45% 10.27% 0.54x 1.35x CN¥-10.17 Million
2001 7.31% 10.29% 0.54x 1.32x CN¥-11.25 Million
2002 6.35% 7.68% 0.63x 1.32x CN¥-15.70 Million
2003 5.74% 7.06% 0.62x 1.30x CN¥-19.42 Million
2004 5.71% 6.07% 0.74x 1.28x CN¥-20.00 Million
2005 5.73% 5.21% 0.87x 1.26x CN¥-20.25 Million
2006 8.45% 6.51% 0.92x 1.41x CN¥-7.75 Million
2007 18.56% 13.20% 1.02x 1.38x CN¥49.87 Million
2008 8.49% 5.97% 0.97x 1.46x CN¥-9.51 Million
2009 15.42% 12.74% 0.80x 1.52x CN¥39.03 Million
2010 16.41% 12.73% 0.91x 1.41x CN¥53.98 Million
2011 12.51% 12.13% 0.75x 1.38x CN¥23.49 Million
2012 7.77% 8.99% 0.63x 1.38x CN¥-22.15 Million
2013 31.57% 7.08% 3.36x 1.33x CN¥220.16 Million
2014 58.84% 7.43% 5.54x 1.43x CN¥508.41 Million
2015 67.05% 5.93% 7.94x 1.42x CN¥610.39 Million
2016 16.72% 8.16% 1.51x 1.36x CN¥551.41 Million
2017 15.65% 7.22% 1.41x 1.53x CN¥520.78 Million
2018 16.56% 6.93% 1.38x 1.74x CN¥754.04 Million
2019 12.93% 5.35% 1.41x 1.72x CN¥378.34 Million
2020 10.31% 5.06% 1.32x 1.54x CN¥53.80 Million
2021 9.31% 4.66% 1.32x 1.51x CN¥-156.95 Million
2022 14.70% 7.32% 1.36x 1.47x CN¥1.25 Billion
2023 12.93% 6.45% 1.33x 1.51x CN¥842.62 Million
2024 12.67% 5.81% 1.43x 1.52x CN¥845.10 Million

Industry Comparison

This section compares YTO Express Group 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: $12,969,973,620
  • Average return on equity (ROE) among peers: 11.31%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
YTO Express Group Co Ltd (600233) CN¥33.85 Billion 14.94% 0.53x $8.57 Billion
Citic Offshore Helicopter Co Ltd (000099) $3.06 Billion 2.97% 0.83x $1.94 Billion
Guangdong Jushen Logistics Co Ltd (001202) $51.42 Million 8.12% 0.47x $352.71 Million
YUNDA Holding Co Ltd (002120) $11.58 Billion 23.29% 0.56x $2.85 Billion
S.F. Holding Co. Ltd (002352) $102.34 Billion 9.94% 1.09x $23.59 Billion
STO Express Co Ltd (002468) $8.84 Billion 0.41% 0.94x $3.13 Billion
Hubeiyichang Transportation Group Co Ltd (002627) $1.07 Billion 5.94% 0.85x $699.81 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769) $1.02 Billion 16.82% 27.71x $404.79 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800) $460.06 Million 1.26% 1.18x $322.16 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889) $87.36 Million 53.49% 102.03x $633.89 Million
Jiangsu Xinning Modern Logist (300013) $1.20 Billion -9.18% 0.44x $327.64 Million

About YTO Express Group Co Ltd

SHG:600233 China Integrated Freight & Logistics
Market Cap
$8.57 Billion
CN¥58.56 Billion CNY
Market Cap Rank
#2533 Global
#318 in China
Share Price
CN¥17.11
Change (1 day)
-0.35%
52-Week Range
CN¥12.60 - CN¥22.38
All Time High
CN¥35.30
Categories
Companies in China Integrated Freight & Logistics
About

YTO Express Group Co.,Ltd. operates express delivery business in China and internationally. It operates through Express Business, The Freight Forwarding Business, and The Aviation Business segments. The company provides collection, sorting, transshipment, and delivery services for the express delivery; and freight forwarding services and other freight forwarding services, as well as logistics and… Read more