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← CockpitCompetitor Analysis › 600179.SS Antong Holdings Co., Ltd. Class AOpen in the cockpit ↗

Antong Holdings Co., Ltd. Class A600179.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Air Freight/Couriers

Chinese coastal and container shipping/logistics company.

Momentum neutral 58
Mkt cap
$3.81B
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$15.4M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+15.9 pp
WACC 6.9%
Hurdle
-18 pp
Req g minus delivered
Close · CNYCN¥3.93
1D-0.2%
1W+3.1%
1M-10.5%
3M-10.5%
6M-6.7%
YTD-28.8%
1Y-6.7%
ATR %2.7%
52w lowhigh40.0% off high

What Antong does

Chinese coastal and container shipping/logistics company.

Where it sits in the supply chain

  • Shipping
  • Coastal/container freight

Moat: none

Headquarters: Fuzhou, Fujian, China · Employees: 1,096

Named competitors

Antong at a glance

Size Antong (600179.SS) is a China Industrials company (Air Freight/Couriers) with a market value of $3.81B, the 676th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.93 on 6 Nov 2026.

Performance Over six months the shares fell 6.7%, against -8.0% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 8.9% over the last twelve months (peer median +5.5%); the operating margin is 16.2% (peer median 3.2%).

Valuation It trades at 2.1× enterprise value to sales against a peer median of 1.2× (6th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -18 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 15.9 points above its cost of capital (6.9% WACC).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026600179.SS 92Peer median 92
Six months, rebased to 100: Antong against the median of its 20 peers (local-currency closes).

Antong financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥9.53BCN¥9.07BCN¥7.53BCN¥7.32BCN¥9.15B
Revenue growth—+20%+3%-20%—
Gross profitCN¥2.61BCN¥1.67BCN¥875MCN¥716MCN¥2.77B
EBITDAn/aCN¥2.01BCN¥1.07BCN¥964MCN¥3.02B
Net incomeCN¥1.30BCN¥1.09BCN¥610MCN¥568MCN¥2.37B
Free cash flowCN¥1.56BCN¥918MCN¥691MCN¥975MCN¥3.42B
Capital expenditureCN¥924MCN¥1.39BCN¥589MCN¥231MCN¥426M
Total debtCN¥1.80BCN¥1.75BCN¥1.03BCN¥1.92BCN¥1.53B

Quarterly statements and history in the cockpit →

Antong competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%+20%600153603565DELHIVERY600575601156ODET9064AEGISVOPAKIDL002120LOG93019143SWIGGY9069603871001213GXO0598600179.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Antong is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%1×2×3×600153603565DELHIVERY600575601156ODET9064AEGISVOPAKIDL00212093019143SWIGGY9069603871001213GXO6007390598600179.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Antong is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%600153603565601156ODET9064IDL002120LOG91439069603871001213GXO6007390598600179.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Antong is the large dot.

Antong competitors and peer comparison

Head to head with its named competitors (600179.SS vs 603565.SS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Antong 600179.SS$3.81B-7%+9%16%2.1×-4.0%
Shanghai Zhonggu Logistics 603565.SS$3.97B+16%+4%27%2.1×-14.4%

How Antong compares with its peers

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.

Antong against its 20 peers (data as of 6 Nov 2026)
Measure600179.SSPeer medianRank in peer set
1-month return-10.5%+0.5%4th lowest of 21
6-month return-6.7%-8.0%10th highest of 21
Distance from 52-week high-40.0%-18.6%2nd lowest of 21
Revenue growth (TTM)+8.9%+5.5%8th highest of 21
Operating margin16.2%3.2%4th highest of 20
EV / Sales2.1×1.2×6th most expensive of 21
Growth the price implies (Req g, 7 yrs)-4.0%4.4%6th least demanding of 16
Growth delivered (Del g)+13.5%+7.2%4th highest of 16
Hurdle (Req g minus delivered)-17.5 pp-5.1 pp4th least demanding of 16
ROIC minus cost of capital+15.9 pp-2.5 pp4th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Antong 600179.SSChina$3.81B-7%+9%16%2.1×-4.0%+13.5%
Xiamen C&D 600153.SSChina$3.77B-8%-6%1%0.5×21.2%+9.3%
Shanghai Zhonggu Logistics 603565.SSChina$3.97B+16%+4%27%2.1×-14.4%+0.4%
Delhivery DELHIVERY.NSIndia$3.40B-11%+24%0%2.6×n/an/a
Huaihe Energy 600575.SSChina$3.38B-12%+38%n/a1.2×n/an/a
Eastern Air Logistics 601156.SSChina$4.70B+23%+20%14%1.2×-16.0%+9.9%
Compagnie de l'Odet ODET.PAFrance$4.74B-30%-83%-8%2.3×24.3%-29.4%
Yamato 9064.TJapan$4.83B+26%+2%2%0.4×8.9%+1.9%
Aegis Vopak Terminals AEGISVOPAK.NSIndia$2.89B+14%+17%53%33.1×n/an/a
ID Logistics IDL.PAFrance$2.80B+7%+16%4%1.0×10.4%+17.9%
Yunda 002120.SZChina$2.74B-20%+7%4%0.3×-13.2%+9.0%
Logista Integral LOG.MCSpain$5.42B+15%+4%2%0.4×-5.9%+5.4%
Mitsubishi Logistics 9301.TJapan$2.67B-15%-1%6%1.8×n/an/a
SG Holdings Co., Ltd. 9143.TJapan$5.56B+1%+14%5%0.7×-2.6%+4.6%
Swiggy SWIGGY.NSIndia$5.61B-32%+42%-15%1.8×n/an/a
SENKO 9069.TJapan$2.45B+23%+7%4%0.8×4.4%+9.5%
Jiayou International Logistics 603871.SSChina$2.41B-8%-10%19%1.8×-7.9%+20.7%
China Railway Special Cargo Logistics 001213.SZChina$2.35B-11%-3%3%1.2×2.1%+7.2%
GXO Logistics GXOUnited States$6.33B+7%+7%3%0.9×20.2%+16.3%
Liaoning Cheng Da 600739.SSChina$2.29B-16%-27%-17%3.1×4.4%-10.1%
Sinotrans 0598.HKHong Kong$6.57B-8%+4%0%0.5×9.4%+2.0%

Questions

Who are Antong's main competitors?
Named competitors: Shanghai Zhonggu Logistics (603565.SS). The cockpit's measured peer set (industry) also includes Xiamen C&D (600153.SS), Shanghai Zhonggu Logistics (603565.SS), Delhivery (DELHIVERY.NS), Huaihe Energy (600575.SS), Eastern Air Logistics (601156.SS), Compagnie de l'Odet (ODET.PA).
Is Antong expensive compared with its peers?
On ev / sales it trades at 2.1× against a peer median of 1.2×, 6th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -18 pp: the price already allows for a slowdown.
How has Antong stock performed?
Over six months to 6 Nov 2026 the shares returned -6.7% against -8.0% for the median peer; over one year -6.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.