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Chinese electronics and consumer-goods supply-chain and distribution management company.
Chinese electronics and consumer-goods supply-chain and distribution management company.
Moat: none
Headquarters: Shenzhen, China · Employees: 4,120
Size Eternal Asia Supply Chain Management (002183.SZ) is a China Industrials company (Air Freight/Couriers) with a market value of $1.48B, the 1656th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.80 on 6 Nov 2026.
Performance Over six months the shares fell 32.0%, against -8.8% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 24.9% over the last twelve months (peer median +1.5%); the operating margin is 0.2% (peer median 4.8%).
Valuation It trades at 54.3× forward earnings against a peer median of 13.0× (most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +30 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.4 points below its cost of capital (5.0% WACC).
Next results Next results expected around 9 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥53.7B | CN¥68.0B | CN¥77.6B | CN¥94.4B | CN¥85.3B |
| Revenue growth | — | -12% | -18% | +11% | — |
| Gross profit | CN¥2.46B | CN¥2.62B | CN¥3.15B | CN¥3.70B | CN¥3.80B |
| EBITDA | n/a | CN¥550M | CN¥1.04B | CN¥1.48B | CN¥1.78B |
| Net income | -CN¥383M | -CN¥319M | CN¥106M | CN¥141M | CN¥256M |
| Free cash flow | CN¥1.15B | CN¥1.04B | CN¥402M | -CN¥31.0M | CN¥228M |
| Capital expenditure | CN¥95.0M | CN¥295M | CN¥331M | CN¥654M | CN¥753M |
| Total debt | CN¥30.5B | CN¥37.0B | CN¥35.7B | CN¥35.0B | CN¥35.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Eternal Asia Supply Chain Management 002183.SZ | $1.48B | -32% | -25% | 0% | 54.3× | 29.9% |
| Sinotrans 601598.SS | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002183.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.5% | -0.5% | 2nd lowest of 21 |
| 6-month return | -32.0% | -8.8% | 2nd lowest of 21 |
| Distance from 52-week high | -52.1% | -23.1% | 2nd lowest of 21 |
| Revenue growth (TTM) | -24.9% | +1.5% | 3rd lowest of 20 |
| Operating margin | 0.2% | 4.8% | 2nd lowest of 20 |
| Forward P/E | 54.3× | 13.0× | most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 29.9% | 4.4% | most demanding of 16 |
| Growth delivered (Del g) | 0.0% | +7.2% | 3rd lowest of 16 |
| Hurdle (Req g minus delivered) | +29.9 pp | -5.1 pp | most demanding of 16 |
| ROIC minus cost of capital | -4.4 pp | -1.1 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Eternal Asia Supply Chain Management 002183.SZ | China | $1.48B | -32% | -25% | 0% | 54.3× | 29.9% | 0.0% |
| Hub HUBG | United States | $1.48B | -44% | n/a | n/a | 51.6× | n/a | n/a |
| CMST Development 600787.SS | China | $1.49B | -12% | +23% | 0% | n/a | n/a | n/a |
| Fukuyama Transporting 9075.T | Japan | $1.51B | +18% | +6% | 4% | 11.6× | 12.0% | +2.2% |
| COSCO SHIPPING International (Hong Kong) 0517.HK | Hong Kong | $1.32B | +8% | +1% | 5% | 12.6× | 2.3% | +1.5% |
| KLN Logistics 0636.HK | Hong Kong | $1.30B | -15% | -2% | 4% | 7.0× | -10.4% | +2.6% |
| Shipping Corporation of India SCI.NS | India | $1.29B | -18% | +17% | 24% | n/a | n/a | n/a |
| Xiamen International Trade 600755.SS | China | $1.77B | -10% | +28% | 0% | 11.5× | n/a | n/a |
| Bonheur BONHR.OL | Norway | $1.20B | +1% | +4% | 7% | 10.0× | 3.1% | +20.6% |
| Blue Dart Express BLUEDART.NS | India | $1.14B | -20% | +9% | 7% | 26.5× | 22.4% | +13.3% |
| Cargojet CJT.TO | Canada | $1.00B | +15% | +1% | 10% | 23.4× | 12.4% | +8.2% |
| Konoike Transport 9025.T | Japan | $973M | +2% | +1% | 6% | 10.9× | -12.5% | +4.0% |
| Liaoning Cheng Da 600739.SS | China | $2.29B | -16% | -27% | -17% | n/a | 4.4% | -10.1% |
| Hangzhou SF Intra-city Industrial 9699.HK | Hong Kong | $941M | -24% | +32% | 1% | 13.3× | 5.9% | +35.5% |
| China Railway Special Cargo Logistics 001213.SZ | China | $2.35B | -11% | -3% | 3% | n/a | 2.1% | +7.2% |
| Orient International Enterprise 600278.SS | China | $919M | +1% | -12% | 1% | n/a | n/a | n/a |
| Jiayou International Logistics 603871.SS | China | $2.41B | -8% | -10% | 19% | 11.3× | -7.9% | +20.7% |
| SENKO 9069.T | Japan | $2.45B | +23% | +7% | 4% | 15.2× | 4.4% | +9.5% |
| Swedish Logistic Property SLP-B.ST | Sweden | $876M | -9% | +27% | 86% | 14.2× | 11.6% | +60.3% |
| Hengtong Logistic 603223.SS | China | $870M | -9% | +2% | 30% | 15.5× | -9.5% | -24.6% |
| Shenzhen Easttop Supply Chain Management 002889.SZ | China | $845M | +14% | -35% | 6% | n/a | 12.0% | +6.7% |