Chinese coastal and container shipping/logistics company.
Chinese coastal and container shipping/logistics company.
Moat: none
Headquarters: Fuzhou, Fujian, China · Employees: 1,096
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥9.53B | CN¥9.07B | CN¥7.53B | CN¥7.32B | CN¥9.15B |
| Revenue growth | — | +20% | +3% | -20% | — |
| Gross profit | CN¥2.61B | CN¥1.67B | CN¥875M | CN¥716M | CN¥2.77B |
| EBITDA | n/a | CN¥2.01B | CN¥1.07B | CN¥964M | CN¥3.02B |
| Net income | CN¥1.30B | CN¥1.09B | CN¥610M | CN¥568M | CN¥2.37B |
| Free cash flow | CN¥1.56B | CN¥918M | CN¥691M | CN¥975M | CN¥3.42B |
| Capital expenditure | CN¥924M | CN¥1.39B | CN¥589M | CN¥231M | CN¥426M |
| Total debt | CN¥1.80B | CN¥1.75B | CN¥1.03B | CN¥1.92B | CN¥1.53B |
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 | EV / Sales | Req 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% |
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 | 600179.SS | Peer median | Rank 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 margin | 16.2% | 3.2% | 4th highest of 20 |
| EV / Sales | 2.1× | 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 pp | 4th least demanding of 16 |
| ROIC minus cost of capital | +15.9 pp | -2.5 pp | 4th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Antong 600179.SS | China | $3.81B | -7% | +9% | 16% | 2.1× | -4.0% | +13.5% |
| Xiamen C&D 600153.SS | China | $3.77B | -8% | -6% | 1% | 0.5× | 21.2% | +9.3% |
| Shanghai Zhonggu Logistics 603565.SS | China | $3.97B | +16% | +4% | 27% | 2.1× | -14.4% | +0.4% |
| Delhivery DELHIVERY.NS | India | $3.40B | -11% | +24% | 0% | 2.6× | n/a | n/a |
| Huaihe Energy 600575.SS | China | $3.38B | -12% | +38% | n/a | 1.2× | n/a | n/a |
| Eastern Air Logistics 601156.SS | China | $4.70B | +23% | +20% | 14% | 1.2× | -16.0% | +9.9% |
| Compagnie de l'Odet ODET.PA | France | $4.74B | -30% | -83% | -8% | 2.3× | 24.3% | -29.4% |
| Yamato 9064.T | Japan | $4.83B | +26% | +2% | 2% | 0.4× | 8.9% | +1.9% |
| Aegis Vopak Terminals AEGISVOPAK.NS | India | $2.89B | +14% | +17% | 53% | 33.1× | n/a | n/a |
| ID Logistics IDL.PA | France | $2.80B | +7% | +16% | 4% | 1.0× | 10.4% | +17.9% |
| Yunda 002120.SZ | China | $2.74B | -20% | +7% | 4% | 0.3× | -13.2% | +9.0% |
| Logista Integral LOG.MC | Spain | $5.42B | +15% | +4% | 2% | 0.4× | -5.9% | +5.4% |
| Mitsubishi Logistics 9301.T | Japan | $2.67B | -15% | -1% | 6% | 1.8× | n/a | n/a |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 0.7× | -2.6% | +4.6% |
| Swiggy SWIGGY.NS | India | $5.61B | -32% | +42% | -15% | 1.8× | n/a | n/a |
| SENKO 9069.T | Japan | $2.45B | +23% | +7% | 4% | 0.8× | 4.4% | +9.5% |
| Jiayou International Logistics 603871.SS | China | $2.41B | -8% | -10% | 19% | 1.8× | -7.9% | +20.7% |
| China Railway Special Cargo Logistics 001213.SZ | China | $2.35B | -11% | -3% | 3% | 1.2× | 2.1% | +7.2% |
| GXO Logistics GXO | United States | $6.33B | +7% | +7% | 3% | 0.9× | 20.2% | +16.3% |
| Liaoning Cheng Da 600739.SS | China | $2.29B | -16% | -27% | -17% | 3.1× | 4.4% | -10.1% |
| Sinotrans 0598.HK | Hong Kong | $6.57B | -8% | +4% | 0% | 0.5× | 9.4% | +2.0% |