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Chinese logistics group offering freight forwarding, warehousing, shipping agency and supply-chain services, part of China Merchants Group.
Chinese logistics group offering freight forwarding, warehousing, shipping agency and supply-chain services, part of China Merchants Group.
Acts as arranger rather than carrier: it buys cargo space from airlines and shipping lines and resells it with documentation and handling, so sales are large but the margin it keeps is thin. Warehousing and shipping-agency fees add steadier income. It belongs to state-owned China Merchants Group.
In one line: China's Expeditors International/C.H. Robinson.
Moat: narrow (scale, distribution, installed base). Large nationwide network and China Merchants Group backing support scale in freight forwarding.
Headquarters: Beijing, China · Founded: 1950 · Employees: 31,953
Size Sinotrans (601598.SS) is a China Industrials company (Air Freight/Couriers) with a market value of $6.74B, the 363rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.07 on 6 Nov 2026.
Performance Over six months the shares gained 17.8%, against -1.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue fell 1.1% over the last twelve months (peer median +8.3%); the operating margin is 0.1% (peer median 3.1%).
Valuation It trades at 14.8× forward earnings against a peer median of 14.0× (8th most expensive of 16).
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 +3%, so the hurdle is +2 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 1.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥93.8B | CN¥96.7B | CN¥106B | CN¥102B | CN¥109B |
| Revenue growth | — | -8% | +4% | -7% | — |
| Gross profit | CN¥7.29B | CN¥5.06B | CN¥5.08B | CN¥5.32B | CN¥5.64B |
| EBITDA | n/a | CN¥2.91B | CN¥3.45B | CN¥3.64B | CN¥3.77B |
| Net income | CN¥4.02B | CN¥4.02B | CN¥3.92B | CN¥4.21B | CN¥4.08B |
| Free cash flow | CN¥3.61B | CN¥3.77B | CN¥4.03B | CN¥4.05B | CN¥5.65B |
| Capital expenditure | CN¥1.57B | CN¥1.65B | CN¥1.55B | CN¥1.61B | CN¥1.56B |
| Total debt | CN¥10.7B | CN¥11.7B | CN¥11.8B | CN¥12.8B | CN¥15.8B |
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 |
|---|---|---|---|---|---|---|
| Sinotrans 601598.SS | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% |
| KLN Logistics 0636.HK | $1.30B | -15% | -2% | 4% | 7.0× | -10.4% |
| Expeditors International EXPD | $24.0B | +18% | +19% | 10% | 21.1× | 8.9% |
| C.H. Robinson CHRW | $14.5B | -27% | +10% | 5% | 17.2× | 9.2% |
| S.F 002352.SZ | $23.9B | -7% | +6% | 5% | 15.9× | -12.9% |
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 | 601598.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.4% | +4.9% | 10th highest of 21 |
| 6-month return | +17.8% | -1.7% | 5th highest of 20 |
| Distance from 52-week high | -3.7% | -17.6% | 4th highest of 21 |
| Revenue growth (TTM) | -1.1% | +8.3% | 4th lowest of 21 |
| Operating margin | 0.1% | 3.1% | 5th lowest of 21 |
| Forward P/E | 14.8× | 14.0× | 8th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 4.3% | -2.2% | 7th most demanding of 17 |
| Growth delivered (Del g) | +2.7% | +8.9% | 5th lowest of 17 |
| Hurdle (Req g minus delivered) | +1.6 pp | -9.3 pp | 6th most demanding of 17 |
| ROIC minus cost of capital | -1.8 pp | -0.7 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sinotrans 601598.SS | China | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% | +2.7% |
| Yunnan Yuntianhua 600096.SS | China | $7.17B | -28% | -19% | 11% | 9.3× | -1.7% | -1.5% |
| GXO Logistics GXO | United States | $6.33B | +7% | +7% | 3% | 16.0× | 20.2% | +16.3% |
| Swiggy SWIGGY.NS | India | $5.61B | -32% | +42% | -15% | n/a | n/a | n/a |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 14.0× | -2.6% | +4.6% |
| Nippon Express Hldgs 9147.T | Japan | $8.22B | +35% | +2% | 3% | 17.6× | 7.9% | +4.4% |
| Logista Integral LOG.MC | Spain | $5.42B | +15% | +4% | 2% | 15.8× | -5.9% | +5.4% |
| Jd Logistics 2618.HK | Hong Kong | $9.10B | -29% | +29% | 3% | 6.9× | -0.4% | +23.4% |
| Yamato 9064.T | Japan | $4.83B | +26% | +2% | 2% | 34.5× | 8.9% | +1.9% |
| Compagnie de l'Odet ODET.PA | France | $4.74B | -30% | -83% | -8% | n/a | 24.3% | -29.4% |
| YTO Express 600233.SS | China | $9.63B | -13% | +8% | 9% | 10.3× | -12.2% | +16.6% |
| Eastern Air Logistics 601156.SS | China | $4.70B | +23% | +20% | 14% | 10.9× | -16.0% | +9.9% |
| Ryder System R | United States | $10.2B | +11% | +3% | 8% | 15.2× | 7.9% | +8.5% |
| Hyundaiglovis 086280.KS | South Korea | $10.9B | -13% | +12% | 6% | 8.7× | -10.8% | +12.3% |
| Shanghai Zhonggu Logistics 603565.SS | China | $3.97B | +16% | +4% | 27% | 10.4× | -14.4% | +0.4% |
| J&T Global Express 1519.HK | Hong Kong | $11.9B | -2% | +32% | 6% | 18.6× | -3.8% | +51.4% |
| Antong 600179.SS | China | $3.81B | -7% | +9% | 16% | n/a | -4.0% | +13.5% |
| Xiamen C&D 600153.SS | China | $3.77B | -8% | -6% | 1% | 12.4× | 21.2% | +9.3% |
| Delivery Hero DHER.DE | Germany | $12.9B | +31% | +11% | 0% | n/a | n/a | n/a |
| Delivery Hero SE TEMP DHE1.DE | Germany | $12.9B | n/a | +11% | 0% | n/a | n/a | n/a |
| Delhivery DELHIVERY.NS | India | $3.40B | -11% | +24% | 0% | 81.8× | n/a | n/a |