Sinotrans Ltd Class A (601598) - Net Assets

Latest as of September 2025: CN¥42.50 Billion CNY ≈ $6.22 Billion USD

Based on the latest financial reports, Sinotrans Ltd Class A (601598) has net assets worth CN¥42.50 Billion CNY (≈ $6.22 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¥81.77 Billion ≈ $11.96 Billion USD) and total liabilities (CN¥39.26 Billion ≈ $5.75 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 Sinotrans Ltd Class A liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Sinotrans Ltd Class A (601598) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Sinotrans Ltd Class A (601598) total market value.

Year	Net Assets	Change
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 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
Sinomach Heavy Equipment Group Co Ltd SHG:601399	$4.53 Billion
Rising Nonferrous Metals Share Co Ltd SHG:600259	$4.53 Billion
Inner Mongolia ERDOS Resources Co Ltd SHG:600295	$4.53 Billion
AAC TECHNOLOG.HLDG.ADR/ F:A2X	$4.53 Billion
TG Therapeutics Inc NASDAQ:TGTX	$4.52 Billion
Shanghai Junshi Biosciences Co Ltd SHG:688180	$4.52 Billion
KURITA WTR IND.UNSP.ADR 2 F:KWI0	$4.52 Billion
West Fraser Timber Co Ltd NYSE:WFG	$4.52 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: 1.10x
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 14.33x to 1.10x 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¥6.00	x
2002-12-31	CN¥0.44	CN¥6.00	x
2003-12-31	CN¥1.50	CN¥6.00	x
2004-12-31	CN¥1.60	CN¥6.00	x
2005-12-31	CN¥1.71	CN¥6.00	x
2006-12-31	CN¥1.82	CN¥6.00	x
2007-12-31	CN¥2.09	CN¥6.00	x
2008-12-31	CN¥1.88	CN¥6.00	x
2009-12-31	CN¥2.03	CN¥6.00	x
2010-12-31	CN¥2.30	CN¥6.00	x
2011-12-31	CN¥2.30	CN¥6.00	x
2012-12-31	CN¥2.44	CN¥6.00	x
2013-12-31	CN¥2.57	CN¥6.00	x
2014-12-31	CN¥3.05	CN¥6.00	x
2015-12-31	CN¥3.28	CN¥6.00	x
2016-12-31	CN¥2.66	CN¥6.00	x
2017-12-31	CN¥3.49	CN¥6.00	x
2018-12-31	CN¥3.87	CN¥6.00	x
2019-12-31	CN¥3.85	CN¥6.00	x
2020-12-31	CN¥4.11	CN¥6.00	x
2021-12-31	CN¥4.47	CN¥6.00	x
2022-12-31	CN¥4.74	CN¥6.00	x
2023-12-31	CN¥5.22	CN¥6.00	x
2024-12-31	CN¥5.44	CN¥6.00	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: $2,438,015,785
Average return on equity (ROE) among peers: 21.48%

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	$4.53 Billion
Citic Offshore Helicopter Co Ltd (000099)	$2.46 Billion	7.82%	0.56x	$2.01 Billion
Guangdong Jushen Logistics Co Ltd (001202)	$33.84 Million	6.06%	0.65x	$413.93 Million
YUNDA Holding Co Ltd (002120)	$17.08 Billion	8.68%	1.23x	$3.33 Billion
S.F. Holding Co. Ltd (002352)	$708.00 Million	155.57%	0.25x	$26.05 Billion
STO Express Co Ltd (002468)	$761.03 Million	1.41%	0.70x	$3.66 Billion
Hubeiyichang Transportation Group Co Ltd (002627)	$1.07 Billion	5.94%	0.85x	$794.18 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769)	$1.10 Billion	-7.66%	7.10x	$539.73 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800)	$535.51 Million	-8.10%	0.56x	$393.23 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889)	$278.97 Million	42.39%	39.04x	$725.62 Million
Jiangsu Xinning Modern Logist (300013)	$352.31 Million	2.65%	0.35x	$338.26 Million

About Sinotrans Ltd Class A

SHG:601598 China Integrated Freight & Logistics

Market Cap

$4.53 Billion

CN¥30.94 Billion CNY

Market Cap Rank

#3828 Global

#625 in China

Share Price

CN¥6.00

Change (1 day)

-0.99%

52-Week Range

CN¥4.72 - CN¥7.80

All Time High

CN¥7.80