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Sinotrans Limited

Sinotrans Limited

601598.SS
Sinotrans LimitedCN flagShanghai Stock Exchange
5.53
CNY
+0.20
- -
39.67BMarket Cap
Sinotrans Limited
601598.SS
(Shanghai Stock Exchange)

Recent

price

5.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.01
10.3
11.17
10.69
10.36
9.88
9.88
12.06
12.87
10.65
11.42
16.8
14.87
14.05
14.55
13.47
15.11
Revenue per Share
0.15
0.15
0.15
0.21
0.28
0.32
0.37
0.38
0.45
0.38
0.37
0.5
0.55
0.58
0.54
0.56
0.55
Basic EPS, GAAP
-0.05
-0.09
-0.26
-0.1
-0.04
0.17
-0.13
-0.08
-0.1
0.19
0.29
0.37
0.48
0.31
0.35
-0.23
-0.19
Free Cash Flow per Basic Share
0.04
0.07
0.01
0.03
0.07
0.09
0.08
0.09
0.29
0.23
0.12
0.12
0.28
0.24
0.29
0.29
0.14
Dividend per Share
1.02
1.01
1.03
1.05
2.44
2.54
2.11
2.71
3.08
2.96
3.15
3.49
3.7
4.03
4.23
4.49
4.12
Book Value per Share
2.34
2.8
3.12
3.28
3.67
3.98
3.37
2.95
3.73
3.32
3.2
3.6
3.85
4.34
4.61
4.97
4.44
Tangible Book Value per Share
4,249
4,249
4,249
4,249
4,406
4,606
6,049
6,064
6,009
7,288
7,401
7,401
7,351
7,245
7,260
7,185
7,298
Basic Weighted Avg Shares
42,547
43,747
47,482
45,402
45,660
45,528
59,766
73,158
77,312
77,655
84,537
124,348
109,294
101,765
105,621
96,809
110,236
Sales/Revenue/Turnover
2
1.82
1.48
2.73
2.71
2.78
3.11
3.1
2.92
2.68
3.16
2.46
2.46
3.25
2.8
2.72
2.93
Operating Margin (%)
414
441
475
605
625
625
1,168
1,181
1,372
1,847
2,018
2,101
2,310
2,464
2,474
- -
- -
Depreciation Expense
616
643
649
904
1,231
1,493
2,254
2,304
2,704
2,804
2,754
3,714
4,079
4,215
3,918
4,022
3,995
Net Income, GAAP
21.21
26.11
26.14
21.86
21.28
23.81
18.8
20.86
22.14
11.98
18.76
16.9
18.45
19.18
16.7
16.25
18.07
Effective Tax Rate (%)
1.45
1.47
1.37
1.99
2.7
3.28
3.77
3.15
3.5
3.61
3.26
2.99
3.73
4.14
3.71
4.15
3.62
Profit Margin (%)
1,598
705
1,995
3,208
3,562
3,165
2,841
5,498
11,242
5,201
3,970
12,087
10,123
6,581
8,708
14,560
5,561
Working Capital
1,144
748
2,845
4,345
2,993
1,036
8,263
10,105
12,331
9,966
8,057
13,673
11,750
6,852
7,392
9,017
5,567
LT Debt
12,040
11,985
13,390
14,052
16,305
18,460
23,228
25,835
27,853
30,265
32,251
35,050
36,930
40,121
42,041
44,044
40,936
Total Equity
4.38
3.49
2.84
4.96
4.62
4.13
5.26
4.89
4.17
4.15
4.71
5.2
4.25
5.05
4.59
4.02
5
Return on Invested Capital (%)
5.43
5.07
5.05
6.46
7.26
6.21
8.86
6.37
7.09
8.28
7.73
9.28
9.74
9.89
8.95
8.81
9.24
Return on Capital (%)
10.92
14.9
14.98
20.46
16.18
13.3
18.42
15.78
15.47
13.98
12.27
15.1
15.39
14.96
13.08
12.77
13.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
5,809
711
4,923
LT Borrowings
4,354
4,662
3,191
LT Finance Leases
2,498
2,371
2,376
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,100
7,100
7,183
Market Capitalization
38,542
43,275
41,085

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
34,637
38,043
35,732
Cash, Cash Equivalents & STI
13,970
10,850
8,959
Accounts Receivable, Net
12,334
16,679
17,223
Inventories
59
59
64
Total Current Liabilities
28,056
30,630
30,171
Payables & Accruals
- -
- -
- -
ST Debt
5,809
711
4,923
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.23%
6.45%
4.77%
Free Cash Flow
-64.46%
-25.9%
-164.64%
Net Income, GAAP
11.61%
8.72%
2.66%
Sales/Revenue/Turnover
9.22%
4.71%
-8.34%
Total Cash Common Dividend
33.19%
27.34%
-1.42%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
22,469
25,368
24,936
28,932
101,765
2024
24,287
32,081
- -
- -
105,621
2025
- -
- -
- -
- -
96,809

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.13
- -
- -
- -
0.58
2024
0.11
- -
- -
- -
0.54
2025
- -
- -
- -
- -
0.56

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.24
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
0.29
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Business
Sinotrans Limited (601598.SS) is a leading provider of integrated logistics services principally in China. The company operates through three primary segments: agency and related business encompassing ocean freight forwarding, air freight, shipping agency, railway transportation, trucking and multimodal services; supply chain logistics including contract logistics, project logistics, chemical logistics, cold chain logistics and integrated supply chain solutions; and e-business featuring cross-border e-commerce logistics, logistics e-commerce platforms and equipment sharing platforms. It also offers storage and terminal services, logistics equipment leasing and other specialized services such as warehousing, container yards and depot operations. Sinotrans Limited serves diverse industries including pan-consumer goods, technology electronics, medical health, automobile, industrial manufacturing, new retail and special logistics, targeting Fortune 500 clients such as Procter & Gamble, GE and Nestle, as well as government agencies. The company maintains an extensive global network covering China comprehensively and more than 40 countries and regions worldwide, with operations spanning Europe, North America, Africa, South America, the Middle East, Asia-Pacific and港澳台. Incorporated on 20 November 2002 and listed on the Hong Kong Stock Exchange in 2003, Sinotrans Limited functions as the second-tier subsidiary and unified logistics platform of China Merchants Group, with headquarters in Beijing. In recent developments, Sinotrans Limited announced a management shake-up in June 2025 following the termination of a planned acquisition of its container line services by Antong. The company completed the sale of its 25% stake in LOCM International in October 2025, recognizing an investment gain of RMB 1.65 billion, and has actively repurchased approximately 1.27% of its A-shares totaling RMB 475 million as of November 2025 to optimize capital structure. It entered strategic partnerships including a 2024 MOU with LX Pantos for a Korea-China multimodal transport joint venture and a September 2024 collaboration with SATS to establish air cargo gateway hubs in Singapore, Malaysia, Indonesia, Saudi Arabia and Belgium, alongside ongoing digital transformation initiatives in AI and supply chain management.