Sinotrans Ltd. Class A

Sinotrans Ltd. Class A

4.22
HKD
-0.07
(-1.75%)
63.39BMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.86
5.69
5.42
5.42
6.62
7.06
5.85
6.27
9.22
8.16
7.71
7.98
7.4
- -
Basic EPS, GAAP
0.12
0.15
0.18
0.2
0.21
0.25
0.21
0.2
0.28
0.3
0.32
0.3
0.31
- -
Free Cash Flow per Basic Share
-0.05
-0.02
0.1
-0.07
-0.05
-0.05
0.11
0.16
0.2
0.27
0.17
0.19
- -
- -
Dividend per Share
0.02
0.04
0.05
0.04
0.05
0.16
0.13
0.07
0.07
0.16
0.13
0.16
0.16
- -
Book Value per Share
1.49
1.6
1.8
2.3
1.94
2.11
2.11
2.26
2.45
2.63
2.92
2.99
3.16
3.16
Tangible Book Value per Share
1.47
1.58
1.79
1.96
1.22
1.62
1.66
1.62
1.83
1.98
2.25
2.35
2.52
2.52
Basic Weighted Avg Shares
7,741
8,027
8,393
11,021
11,048
10,948
13,279
13,484
13,484
13,393
13,201
13,228
13,090
10,125
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
605
625
625
1,168
1,181
1,372
1,847
2,018
2,101
2,310
2,464
2,474
- -
- -
Net Income, GAAP
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
- -
Effective Tax Rate (%)
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
- -
Profit Margin (%)
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
- -
Working Capital
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
14,560
LT Debt
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
9,017
Total Equity
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
44,044
Return on Invested Capital (%)
4.6
4.57
5.37
7.52
8.11
7.98
6.71
5.96
8.28
8.3
8.34
7.68
7.87
- -
Return on Capital (%)
4.18
5.57
5.39
7.31
5.36
6.27
7.2
6.55
7.91
8.33
8.36
7.49
7.37
- -
Return on Common Equity (%)
8.02
9.87
10.46
13.1
11.32
12.11
10.85
9.35
11.69
12.01
11.61
10.13
9.95
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Sep'25
Dec'25
ST Debt
4,923
- -
2,646
LT Borrowings
3,191
- -
6,547
LT Finance Leases
2,376
- -
2,469
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13,087
2,016
13,070
Market Capitalization
46,283
- -
56,960

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Sep'25
Dec'25
Total Current Assets
35,732
- -
39,008
Cash, Cash Equivalents & STI
8,959
- -
17,011
Accounts Receivable, Net
17,223
- -
13,068
Inventories
64
- -
60
Total Current Liabilities
30,171
- -
24,448
Payables & Accruals
- -
- -
- -
ST Debt
4,923
- -
2,646
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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
- -
- -
- -
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

CNY

•

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

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.07
0.17
0.14
0.15
0.32
2024
0.06
0.16
- -
- -
0.3
2025
- -
- -
- -
- -
0.31

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
0.04
0.1
0.13
2024
- -
- -
- -
- -
0.16
2025
- -
- -
- -
- -
0.16

Company Description

CEO
Xiang Gao
Full Time Employees
31,953
Sector
Transportation
Industry
Air freight/Couriers
Address
Building 10 Beijing BE China 100029
IPO Date
Feb 13, 2003
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.