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Shenzhen Easttop Supply Chain Management Co. Ltd. Class A

Shenzhen Easttop Supply Chain Management Co. Ltd. Class A

SSZSE:002889
13.67
CNY
+0.37
(+2.78%)
0.57EPS
19.99P/E
3.91BMarket Cap
Shenzhen Easttop Supply Chain Management Co. Ltd. Class A
SZSE:002889
(Shenzhen Stock Exchange)

Recent

price

13.67

P/E

ratio

19.99

div

yld

1.41%

ROIC.AI

2008
2009
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
26.62
31.02
12.77
12.27
11.86
15.7
24.11
31.24
34.18
38.73
7.14
7.27
7.56
7.16
9.48
9.82
8.29
Revenue per Share
0.27
0.43
0.25
0.29
0.34
0.29
0.32
0.36
0.36
0.42
0.52
0.62
0.41
0.42
0.51
0.27
0.52
Basic EPS, GAAP
- -
- -
- -
- -
0.43
-0.07
-1.39
0.57
0.39
0.37
0.11
-0.86
0.77
0.33
-1.03
-0.48
- -
Free Cash Flow per Basic Share
1.97
2.04
0.73
0.79
0.79
1.56
1.17
0.33
0.27
0.41
0.61
0.25
0.19
0.33
0.16
0.14
0.19
Dividend per Share
0.59
1.02
1.81
2.1
2.44
2.39
2.71
3.42
3.77
4.2
4.6
5.15
5.46
5.85
6.32
6.54
7.04
Book Value per Share
0.57
0.85
1.55
1.85
2.19
2.16
2.48
3.25
3.61
3.99
4.39
4.79
4.94
5.34
5.47
5.71
6.23
Tangible Book Value per Share
275
275
273
275
276
281
286
325
377
365
378
380
374
377
375
380
379
Basic Weighted Avg Shares
7,307
8,532
3,480
3,376
3,270
4,405
6,887
10,143
12,896
14,137
2,699
2,761
2,830
2,700
3,558
3,734
3,145
Sales/Revenue/Turnover
0.66
0.87
1.58
1.77
2.49
1.77
1.16
1.41
1.31
1.47
8.63
9.66
6.95
8.2
7.37
5.98
7.99
Operating Margin (%)
- -
- -
- -
- -
4
7
9
13
3
16
17
42
52
55
63
60
- -
Depreciation Expense
74
118
69
80
93
82
91
118
135
153
197
237
155
159
192
103
197
Net Income, GAAP
21.31
21.69
20.47
15.74
16.31
16.34
20.79
16.77
16.35
17.99
16.1
16.37
16.22
17.32
17.26
14.06
17.32
Effective Tax Rate (%)
1.01
1.39
1.97
2.38
2.86
1.86
1.32
1.17
1.04
1.08
7.3
8.57
5.46
5.89
5.38
2.75
6.25
Profit Margin (%)
156
241
393
442
500
479
499
1,027
1,156
1,209
1,212
1,332
1,378
1,361
1,359
1,376
1,501
Working Capital
- -
- -
- -
- -
- -
- -
25
23
21
18
34
174
28
28
11
2
170
LT Debt
161
279
496
576
669
680
771
1,295
1,431
1,623
1,791
2,014
2,129
2,282
2,480
2,564
2,754
Total Equity
1.06
1.41
0.95
1.15
1.03
0.75
0.98
2.69
3.78
2.81
2.67
4.26
4.01
4.19
4.77
2.68
5.22
Return on Invested Capital (%)
5.97
1.92
0.72
0.94
3.39
3.54
3.08
4.66
6.14
4.81
4.86
4.4
4.17
4.54
5.01
3.11
4.25
Return on Capital (%)
59.95
53.81
17.7
14.97
15.01
12.13
12.49
11.46
9.9
10.13
11.8
12.81
7.7
7.43
8.33
4.23
7.72
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,498
1,495
1,302
LT Borrowings
- -
- -
165
LT Finance Leases
2
9
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
378
378
378
Market Capitalization
5,801
4,936
3,913

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,658
3,762
3,265
Cash, Cash Equivalents & STI
1,088
1,057
831
Accounts Receivable, Net
1,148
994
1,023
Inventories
44
29
22
Total Current Liabilities
2,282
2,397
1,764
Payables & Accruals
- -
- -
- -
ST Debt
1,498
1,495
1,302
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.31%
7.48%
3.36%
Free Cash Flow
21.77%
-317.66%
-52.75%
Net Income, GAAP
5.99%
-7.52%
-46.38%
Sales/Revenue/Turnover
9.64%
7.39%
4.94%
Total Cash Common Dividend
-7.15%
-15.21%
-14.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
821
742
1,014
982
3,558
2025
891
1,220
- -
833
3,734
2026
551
542
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.21
0.13
0.03
0.51
2025
0.12
0.1
- -
-0.1
0.27
2026
0.1
0.43
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
0.06
0.03
0.16
2025
0.02
0.07
- -
0.05
0.14
2026
0.02
0.05
- -
- -
- -
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Business
Shenzhen Easttop Supply Chain Management Co., Ltd. provides integrated fourth-party logistics (4PL) and digital supply chain management services principally to consumer goods brands, e-commerce platforms, and industries including IT, medical, textiles, chemicals, and machinery. The company offers import and export agency, customs declaration and clearance, bonded shipping, domestic delivery, warehousing, multimodal transportation via sea, air, road, and rail, procurement of raw materials and finished goods, inventory management, distribution, cold chain logistics, medical device storage and outsourcing, AI-powered digital customs platforms, cross-border e-commerce trade platforms, and medical digital trade platforms; it also engages in software development, online trading, small loan business, and business consulting. Founded in 2001 and headquartered at 6/F, Dongfang Jiasheng Building, 10 Shihua Road, Futian Free Trade Zone, Shenzhen, China, the company operates primarily in China with international reach through subsidiaries in Shanghai, Beijing, Suzhou, Hong Kong, and global services. In recent developments, Easttop launched the "Yuedong Express Line" intermodal rail-air service from Guangzhou in April 2025, expanded supply chain services into the high-end luxury brand sector in 2024, and conducted strategic visits to Yunnan Province to advance supply chain initiatives; it approved final cash dividends for 2024 payable in May 2025 while reporting revenue growth to 3.55 billion renminbi in 2024, with China contributing 2.77 billion renminbi.