Sinotrans Ltd Class A

SHG:601598 China Integrated Freight & Logistics
Market Cap
$4.23 Billion
CN¥31.04 Billion CNY
Market Cap Rank
#4542 Global
#472 in China
Share Price
CN¥6.02
Change (1 day)
+0.67%
52-Week Range
CN¥4.64 - CN¥7.80
All Time High
CN¥7.80
About

Sinotrans Limited provides integrated logistics services primarily in the People's Republic of China. It operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. The company offers sea freight, air freight, rail freight, shipping agency, terminals and containers, yards, feeder/barges, logistics information systems, and supply chain security. It also en… Read more

Sinotrans Ltd Class A (601598) - Net Assets

Latest net assets as of September 2025: CN¥42.50 Billion CNY

Based on the latest financial reports, Sinotrans Ltd Class A (601598) has net assets worth CN¥42.50 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¥81.77 Billion) and total liabilities (CN¥39.26 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¥42.50 Billion
% of Total Assets 51.98%
Annual Growth Rate 13.35%
5-Year Change 30.36%
10-Year Change 127.74%
Growth Volatility 34.36

Sinotrans Ltd Class A - Net Assets Trend (2001–2024)

This chart illustrates how Sinotrans Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sinotrans Ltd Class A (2001–2024)

The table below shows the annual net assets of Sinotrans Ltd Class A from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥42.04 Billion +4.79%
2023-12-31 CN¥40.12 Billion +8.82%
2022-12-31 CN¥36.87 Billion +5.19%
2021-12-31 CN¥35.05 Billion +8.67%
2020-12-31 CN¥32.25 Billion +6.61%
2019-12-31 CN¥30.25 Billion +8.61%
2018-12-31 CN¥27.85 Billion +8.90%
2017-12-31 CN¥25.58 Billion +30.30%
2016-12-31 CN¥19.63 Billion +6.34%
2015-12-31 CN¥18.46 Billion +13.21%
2014-12-31 CN¥16.31 Billion +21.52%
2013-12-31 CN¥13.42 Billion +5.42%
2012-12-31 CN¥12.73 Billion +6.20%
2011-12-31 CN¥11.98 Billion -0.46%
2010-12-31 CN¥12.04 Billion +12.48%
2009-12-31 CN¥10.70 Billion +8.81%
2008-12-31 CN¥9.84 Billion +10.83%
2007-12-31 CN¥8.88 Billion -3.72%
2006-12-31 CN¥9.22 Billion +8.30%
2005-12-31 CN¥8.51 Billion +8.92%
2004-12-31 CN¥7.82 Billion +11.51%
2003-12-31 CN¥7.01 Billion +174.56%
2002-12-31 CN¥2.55 Billion +8.52%
2001-12-31 CN¥2.35 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Sinotrans Ltd Class A'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 2342428100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥23.42 Billion 59.20%
Common Stock CN¥7.29 Billion 18.43%
Other Comprehensive Income CN¥2.45 Billion 6.19%
Other Components CN¥6.40 Billion 16.17%
Total Equity CN¥39.57 Billion 100.00%

Sinotrans Ltd Class A Competitors by Market Cap

The table below lists competitors of Sinotrans Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinotrans Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 37,801,725,000 to 39,567,595,000, a change of 1,765,870,000 (4.7%).
  • Net income of 3,917,651,366 contributed positively to equity growth.
  • Dividend payments of 2,105,440,176 reduced retained earnings.
  • Share repurchases of 69,107,078 reduced equity.
  • New share issuances of 83,894,927 increased equity.
  • Other comprehensive income increased equity by 195,475,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.92 Billion +9.9%
Dividends Paid CN¥2.11 Billion -5.32%
Share Repurchases CN¥69.11 Million -0.17%
Share Issuances CN¥83.89 Million +0.21%
Other Comprehensive Income CN¥195.47 Million +0.49%
Other Changes CN¥-256.60 Million -0.65%
Total Change CN¥- 4.67%

Book Value vs Market Value Analysis

This analysis compares Sinotrans Ltd Class A'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: 1.11x
  • 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 14.38x to 1.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.42 CN¥6.02 x
2002-12-31 CN¥0.44 CN¥6.02 x
2003-12-31 CN¥1.50 CN¥6.02 x
2004-12-31 CN¥1.60 CN¥6.02 x
2005-12-31 CN¥1.71 CN¥6.02 x
2006-12-31 CN¥1.82 CN¥6.02 x
2007-12-31 CN¥2.09 CN¥6.02 x
2008-12-31 CN¥1.88 CN¥6.02 x
2009-12-31 CN¥2.03 CN¥6.02 x
2010-12-31 CN¥2.30 CN¥6.02 x
2011-12-31 CN¥2.30 CN¥6.02 x
2012-12-31 CN¥2.44 CN¥6.02 x
2013-12-31 CN¥2.57 CN¥6.02 x
2014-12-31 CN¥3.05 CN¥6.02 x
2015-12-31 CN¥3.28 CN¥6.02 x
2016-12-31 CN¥2.66 CN¥6.02 x
2017-12-31 CN¥3.49 CN¥6.02 x
2018-12-31 CN¥3.87 CN¥6.02 x
2019-12-31 CN¥3.85 CN¥6.02 x
2020-12-31 CN¥4.11 CN¥6.02 x
2021-12-31 CN¥4.47 CN¥6.02 x
2022-12-31 CN¥4.74 CN¥6.02 x
2023-12-31 CN¥5.22 CN¥6.02 x
2024-12-31 CN¥5.44 CN¥6.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinotrans Ltd Class A 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): 9.90%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.71%
  • • Asset Turnover: 1.37x
  • • Equity Multiplier: 1.95x
  • Recent ROE (9.90%) is below the historical average (11.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 25.42% 4.09% 1.79x 3.46x CN¥274.41 Million
2002 30.55% 4.22% 1.83x 3.94x CN¥384.90 Million
2003 11.31% 4.06% 1.46x 1.91x CN¥81.72 Million
2004 11.84% 3.67% 1.67x 1.93x CN¥124.73 Million
2005 11.71% 3.00% 1.94x 2.01x CN¥124.96 Million
2006 8.24% 1.92% 2.02x 2.12x CN¥-132.22 Million
2007 9.45% 2.09% 1.98x 2.29x CN¥-48.61 Million
2008 7.12% 1.39% 2.03x 2.53x CN¥-230.36 Million
2009 4.59% 1.45% 1.29x 2.45x CN¥-467.60 Million
2010 6.32% 1.46% 1.68x 2.57x CN¥-359.46 Million
2011 6.57% 1.48% 1.62x 2.74x CN¥-335.96 Million
2012 6.26% 1.36% 1.63x 2.83x CN¥-387.17 Million
2013 8.27% 1.98% 1.52x 2.74x CN¥-188.54 Million
2014 9.17% 2.69% 1.40x 2.44x CN¥-110.82 Million
2015 9.87% 3.26% 1.31x 2.32x CN¥-18.97 Million
2016 14.02% 3.75% 1.61x 2.32x CN¥646.50 Million
2017 10.89% 3.15% 1.18x 2.93x CN¥187.40 Million
2018 11.64% 3.50% 1.26x 2.65x CN¥380.47 Million
2019 9.86% 3.61% 1.25x 2.18x CN¥-39.72 Million
2020 9.05% 3.26% 1.28x 2.16x CN¥-290.38 Million
2021 11.22% 2.99% 1.67x 2.24x CN¥403.62 Million
2022 11.70% 3.73% 1.40x 2.23x CN¥592.59 Million
2023 11.15% 4.14% 1.34x 2.01x CN¥434.61 Million
2024 9.90% 3.71% 1.37x 1.95x CN¥-39.11 Million

Industry Comparison

This section compares Sinotrans Ltd Class A's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

  • Industry: Integrated Freight & Logistics
  • Average net assets among peers: $1,640,934,628
  • Average return on equity (ROE) among peers: 7.71%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinotrans Ltd Class A (601598) CN¥42.50 Billion 25.42% 0.92x $2.35 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
STO Express Co Ltd (002468) $7.88 Billion -11.54% 1.38x $1.01 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