Sinotrans Ltd Class A (601598) - Net Assets

Latest as of December 2025: CN¥44.04 Billion CNY ≈ $6.45 Billion USD

Based on the latest financial reports, Sinotrans Ltd Class A (601598) has net assets worth CN¥44.04 Billion CNY (≈ $6.45 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥78.35 Billion ≈ $11.46 Billion USD) and total liabilities (CN¥34.30 Billion ≈ $5.02 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 Sinotrans Ltd Class A to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥44.04 Billion
% of Total Assets	56.22%
Annual Growth Rate	12.98%
5-Year Change	25.67%
10-Year Change	124.37%
Growth Volatility	33.72

Sinotrans Ltd Class A - Net Assets Trend (2001–2025)

This chart illustrates how Sinotrans Ltd Class A's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sinotrans Ltd Class A to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sinotrans Ltd Class A (2001–2025)

The table below shows the annual net assets of Sinotrans Ltd Class A from 2001 to 2025. For live valuation and market cap data, see Sinotrans Ltd Class A (601598) total market value.

Year	Net Assets	Change
2025-12-31	CN¥44.04 Billion ≈ $6.45 Billion	+4.77%
2024-12-31	CN¥42.04 Billion ≈ $6.15 Billion	+4.79%
2023-12-31	CN¥40.12 Billion ≈ $5.87 Billion	+8.82%
2022-12-31	CN¥36.87 Billion ≈ $5.40 Billion	+5.19%
2021-12-31	CN¥35.05 Billion ≈ $5.13 Billion	+8.67%
2020-12-31	CN¥32.25 Billion ≈ $4.72 Billion	+6.61%
2019-12-31	CN¥30.25 Billion ≈ $4.43 Billion	+8.61%
2018-12-31	CN¥27.85 Billion ≈ $4.08 Billion	+8.90%
2017-12-31	CN¥25.58 Billion ≈ $3.74 Billion	+30.30%
2016-12-31	CN¥19.63 Billion ≈ $2.87 Billion	+6.34%
2015-12-31	CN¥18.46 Billion ≈ $2.70 Billion	+13.21%
2014-12-31	CN¥16.31 Billion ≈ $2.39 Billion	+21.52%
2013-12-31	CN¥13.42 Billion ≈ $1.96 Billion	+5.42%
2012-12-31	CN¥12.73 Billion ≈ $1.86 Billion	+6.20%
2011-12-31	CN¥11.98 Billion ≈ $1.75 Billion	-0.46%
2010-12-31	CN¥12.04 Billion ≈ $1.76 Billion	+12.48%
2009-12-31	CN¥10.70 Billion ≈ $1.57 Billion	+8.81%
2008-12-31	CN¥9.84 Billion ≈ $1.44 Billion	+10.83%
2007-12-31	CN¥8.88 Billion ≈ $1.30 Billion	-3.72%
2006-12-31	CN¥9.22 Billion ≈ $1.35 Billion	+8.30%
2005-12-31	CN¥8.51 Billion ≈ $1.25 Billion	+8.92%
2004-12-31	CN¥7.82 Billion ≈ $1.14 Billion	+11.51%
2003-12-31	CN¥7.01 Billion ≈ $1.03 Billion	+174.56%
2002-12-31	CN¥2.55 Billion ≈ $373.59 Million	+8.52%
2001-12-31	CN¥2.35 Billion ≈ $344.27 Million	--

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 2511409537321.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥25.11 Billion	60.82%
Other Components	CN¥16.18 Billion	39.18%
Total Equity	CN¥41.29 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
Science Applications International Corporation Common Stock NYSE:SAIC	$4.16 Billion
Celcuity LLC NASDAQ:CELC	$4.16 Billion
Companhia Energética de Minas Gerais MX:CIGN	$4.16 Billion
Aneka Tambang Persero Tbk JK:ANTM	$4.17 Billion
Scorpio Tankers Inc NYSE:STNG	$4.16 Billion
Protector Forsikring ASA OL:PROT	$4.15 Billion
Evolution Metals & Technologies Corp. Common Stock NASDAQ:EMAT	$4.15 Billion
Industrias CH S. A. B. de C. V MX:ICHB	$4.15 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 2024 to 2025, total equity changed from 39,567,595,000 to 41,289,563,850, a change of 1,721,968,850 (4.4%).
Net income of 4,021,797,496 contributed positively to equity growth.
Dividend payments of 2,075,499,847 reduced retained earnings.
Share repurchases of 479,283,333 reduced equity.
New share issuances of 72,838,814 increased equity.
Other comprehensive income decreased equity by 2,450,813,000.
Other factors increased equity by 2,632,928,720.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥4.02 Billion	+9.74%
Dividends Paid	CN¥2.08 Billion	-5.03%
Share Repurchases	CN¥479.28 Million	-1.16%
Share Issuances	CN¥72.84 Million	+0.18%
Other Comprehensive Income	CN¥-2.45 Billion	-5.94%
Other Changes	CN¥2.63 Billion	+6.38%
Total Change	CN¥-	4.35%

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: 0.96x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 13.16x to 0.96x 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¥5.51	x
2002-12-31	CN¥0.44	CN¥5.51	x
2003-12-31	CN¥1.50	CN¥5.51	x
2004-12-31	CN¥1.60	CN¥5.51	x
2005-12-31	CN¥1.71	CN¥5.51	x
2006-12-31	CN¥1.82	CN¥5.51	x
2007-12-31	CN¥2.09	CN¥5.51	x
2008-12-31	CN¥1.88	CN¥5.51	x
2009-12-31	CN¥2.03	CN¥5.51	x
2010-12-31	CN¥2.30	CN¥5.51	x
2011-12-31	CN¥2.30	CN¥5.51	x
2012-12-31	CN¥2.44	CN¥5.51	x
2013-12-31	CN¥2.57	CN¥5.51	x
2014-12-31	CN¥3.05	CN¥5.51	x
2015-12-31	CN¥3.28	CN¥5.51	x
2016-12-31	CN¥2.66	CN¥5.51	x
2017-12-31	CN¥3.49	CN¥5.51	x
2018-12-31	CN¥3.87	CN¥5.51	x
2019-12-31	CN¥3.85	CN¥5.51	x
2020-12-31	CN¥4.11	CN¥5.51	x
2021-12-31	CN¥4.47	CN¥5.51	x
2022-12-31	CN¥4.74	CN¥5.51	x
2023-12-31	CN¥5.22	CN¥5.51	x
2024-12-31	CN¥5.44	CN¥5.51	x
2025-12-31	CN¥5.76	CN¥5.51	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): 9.74%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.15%
• Asset Turnover: 1.24x
• Equity Multiplier: 1.90x
Recent ROE (9.74%) is below the historical average (11.03%), 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
2025	9.74%	4.15%	1.24x	1.90x	CN¥-107.16 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: $5,791,886,011
Average return on equity (ROE) among peers: 7.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sinotrans Ltd Class A (601598)	CN¥44.04 Billion	25.42%	0.78x	$4.16 Billion
Citic Offshore Helicopter Co Ltd (000099)	$3.20 Billion	4.70%	0.77x	$1.79 Billion
Guangdong Jushen Logistics Co Ltd (001202)	$13.45 Million	-0.38%	0.57x	$345.39 Million
YUNDA Holding Co Ltd (002120)	$3.75 Billion	31.36%	0.79x	$2.66 Billion
S.F. Holding Co. Ltd (002352)	$36.91 Billion	12.34%	0.94x	$22.37 Billion
STO Express Co Ltd (002468)	$7.88 Billion	-11.54%	1.38x	$2.93 Billion
Hubeiyichang Transportation Group Co Ltd (002627)	$3.29 Billion	1.94%	0.22x	$656.34 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769)	$401.80 Million	26.82%	54.64x	$390.59 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800)	$500.38 Million	-4.76%	0.96x	$319.26 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889)	$1.61 Billion	9.39%	6.47x	$590.78 Million
Jiangsu Xinning Modern Logist (300013)	$359.48 Million	1.37%	0.50x	$326.82 Million

About Sinotrans Ltd Class A

SHG:601598 China Integrated Freight & Logistics

Market Cap

$4.16 Billion

CN¥28.42 Billion CNY

Market Cap Rank

#4094 Global

#666 in China

Share Price

CN¥5.51

Change (1 day)

-0.36%

52-Week Range

CN¥4.93 - CN¥7.80

All Time High

CN¥7.80