Sinotrans Ltd Class A
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.
| Company | Market Cap |
|---|---|
|
Astronics Corporation
NASDAQ:ATRO
|
$2.35 Billion |
|
Skylark Holdings Co. Ltd
OTCGREY:SKLYF
|
$2.35 Billion |
|
China Gas Holdings Limited
PINK:CGHOF
|
$2.35 Billion |
|
Wendel
PINK:WNDLF
|
$2.35 Billion |
|
Steven Madden Ltd
NASDAQ:SHOO
|
$2.35 Billion |
|
Auras Technology Co Ltd
TWO:3324
|
$2.35 Billion |
|
Parq Arauco
SN:PARAUCO
|
$2.35 Billion |
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
$2.34 Billion |
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 |