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Employees: 2,193
Size Hichain Logistics (300873.SZ) is a China Industrials company (Air Freight/Couriers) with a market value of $560M, the 3580th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.67 on 6 Nov 2026.
Performance Over six months the shares fell 22.5%, against -4.1% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue grew 14.5% over the last twelve months (peer median +3.7%); the operating margin is 13.6% (peer median 4.3%).
Valuation It trades at 20.8× forward earnings against a peer median of 18.7× (6th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.5 points above its cost of capital (9.4% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.03B | CN¥1.90B | CN¥1.65B | CN¥1.83B | CN¥1.80B |
| Revenue growth | — | +15% | -10% | +2% | — |
| Gross profit | CN¥674M | CN¥456M | CN¥383M | CN¥399M | CN¥441M |
| EBITDA | n/a | CN¥454M | CN¥395M | CN¥391M | CN¥384M |
| Net income | CN¥118M | CN¥265M | CN¥293M | CN¥281M | CN¥358M |
| Free cash flow | CN¥14.7M | CN¥122M | CN¥218M | CN¥126M | CN¥39.1M |
| Capital expenditure | CN¥565M | CN¥405M | CN¥255M | CN¥352M | CN¥325M |
| Total debt | CN¥1.20B | CN¥938M | CN¥620M | CN¥256M | CN¥365M |
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.
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 | 300873.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.8% | -5.4% | 2nd lowest of 21 |
| 6-month return | -22.5% | -4.1% | 4th lowest of 20 |
| Distance from 52-week high | -65.2% | -26.2% | lowest of 21 |
| Revenue growth (TTM) | +14.5% | +3.7% | 7th highest of 21 |
| Operating margin | 13.6% | 4.3% | 4th highest of 20 |
| Forward P/E | 20.8× | 18.7× | 6th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 3.2% | 6.6% | 7th least demanding of 13 |
| Growth delivered (Del g) | +12.1% | +5.3% | 3rd highest of 13 |
| Hurdle (Req g minus delivered) | -8.9 pp | +1.9 pp | 4th least demanding of 13 |
| ROIC minus cost of capital | +0.5 pp | -1.3 pp | 7th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hichain Logistics 300873.SZ | China | $560M | -22% | +15% | 14% | 20.8× | 3.2% | +12.1% |
| Xiamen Xinde 000701.SZ | China | $568M | -3% | -22% | n/a | n/a | n/a | n/a |
| LEAP India LEAPIND.NS | India | $569M | n/a | +56% | 27% | n/a | n/a | n/a |
| TVS Supply Chain Solutions TVSSCS.NS | India | $547M | -4% | +17% | 2% | 31.6× | 14.4% | +9.7% |
| Singapore Post S08.SI | Singapore | $546M | -17% | -73% | 3% | 77.5× | n/a | n/a |
| Japan Transcity 9310.T | Japan | $538M | +15% | +1% | 7% | n/a | 1.3% | +4.4% |
| Farglory Free Trade Zone Investment 5607.TW | Taiwan | $534M | 0% | +30% | 42% | 8.3× | -2.7% | +16.8% |
| China Master Logistics 603967.SS | China | $644M | -11% | +11% | 4% | 13.9× | -12.1% | +11.4% |
| PostNL PNL.AS | Netherlands | $473M | -16% | +2% | 1% | 30.5× | n/a | n/a |
| Shanghai Shine-Link International Logistics 603648.SS | China | $467M | -15% | +10% | 11% | n/a | -0.7% | +0.3% |
| HPF 300350.SZ | China | $465M | -13% | +73% | -5% | n/a | n/a | n/a |
| Friend 605050.SS | China | $709M | -24% | +4% | 4% | 10.1× | n/a | n/a |
| Mahindra Logistics MAHLOG.NS | India | $443M | +5% | +20% | 2% | 34.9× | 33.7% | +16.5% |
| Guangzhou Jiacheng International Logistics 603535.SS | China | $427M | -30% | -29% | -2% | n/a | 16.0% | -0.4% |
| Radiant Logistics RLGT | United States | $418M | +8% | +4% | 2% | 23.4× | 16.3% | +0.8% |
| Shenzhen Feima International Supply Chain 002210.SZ | China | $768M | -36% | +116% | 11% | n/a | 34.5% | +1.5% |
| Sindhu Trade Links SINDHUTRAD.NS | India | $405M | -12% | -64% | 2% | n/a | n/a | n/a |
| Ferrari FERGR.AS | Netherlands | $780M | -4% | +3% | 17% | 12.8× | -2.7% | +5.0% |
| Cedar Development 002485.SZ | China | $392M | -2% | -32% | -17% | n/a | n/a | n/a |
| Hamakyorex 9037.T | Japan | $808M | -2% | +9% | 10% | 11.4× | -9.0% | +5.5% |
| Shenzhen Easttop Supply Chain Management 002889.SZ | China | $845M | +14% | -35% | 6% | n/a | 12.0% | +6.7% |