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CTS International Logistics

Market Cap

CN¥16.9b

Last Updated

2021/04/11 09:06 UTC

Data Sources

Company Financials +

Executive Summary

CTS International Logistics Corporation Limited, a freight forwarding company, engages in the provision of logistics and supply chain trade services in China and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has CTS International Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603128 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 603128's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

0.4%

603128

-8.2%

CN Logistics

-1.1%

CN Market


1 Year Return

204.3%

603128

23.8%

CN Logistics

28.4%

CN Market

Return vs Industry: 603128 exceeded the CN Logistics industry which returned 31% over the past year.

Return vs Market: 603128 exceeded the CN Market which returned 27.4% over the past year.


Shareholder returns

603128IndustryMarket
7 Day0.4%-8.2%-1.1%
30 Day-7.3%-14.5%1.0%
90 Day29.2%-14.1%-5.8%
1 Year206.1%204.3%24.7%23.8%30.4%28.4%
3 Year124.1%117.7%3.5%1.1%25.9%19.9%
5 Year81.9%73.5%-30.3%-33.4%23.6%15.5%

Long-Term Price Volatility Vs. Market

How volatile is CTS International Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CTS International Logistics undervalued compared to its fair value and its price relative to the market?

18.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 603128 (CN¥13.13) is trading below our estimate of fair value (CN¥16.23)

Significantly Below Fair Value: 603128 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 603128 is poor value based on its PE Ratio (32x) compared to the CN Logistics industry average (26.4x).

PE vs Market: 603128 is good value based on its PE Ratio (32x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: 603128 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 603128 is overvalued based on its PB Ratio (3.8x) compared to the CN Logistics industry average (2.4x).


Future Growth

How is CTS International Logistics forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

27.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603128's forecast earnings growth (27.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 603128's earnings (27.1% per year) are forecast to grow faster than the CN market (23.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603128's revenue (13.3% per year) is forecast to grow slower than the CN market (18% per year).

High Growth Revenue: 603128's revenue (13.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603128's Return on Equity is forecast to be low in 3 years time (15.3%).


Past Performance

How has CTS International Logistics performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603128 has high quality earnings.

Growing Profit Margin: 603128's current net profit margins (3.8%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: 603128's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: 603128's earnings growth over the past year (51.1%) exceeds its 5-year average (19.3% per year).

Earnings vs Industry: 603128 earnings growth over the past year (51.1%) exceeded the Logistics industry 4.8%.


Return on Equity

High ROE: 603128's Return on Equity (11.7%) is considered low.


Financial Health

How is CTS International Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: 603128's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: 603128's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥259.0M).


Debt to Equity History and Analysis

Debt Level: 603128's debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: 603128's debt to equity ratio has reduced from 43.5% to 10.8% over the past 5 years.

Debt Coverage: 603128's debt is well covered by operating cash flow (185.6%).

Interest Coverage: 603128's interest payments on its debt are well covered by EBIT (213.2x coverage).


Balance Sheet


Dividend

What is CTS International Logistics's current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603128's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.42%).

High Dividend: 603128's dividend (0.29%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 603128 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603128's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.4%), 603128's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 603128's dividends in 3 years are forecast to be well covered by earnings (29.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Chen Yu (46 yo)

no data

Tenure

Mr. Chen Yu serves as General Manager and Director at CTS International Logistics Corporation Limited since October 27, 2017 and served as its Vice President.


Leadership Team

Experienced Management: 603128's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 603128's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CTS International Logistics Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CTS International Logistics Corporation Limited
  • Ticker: 603128
  • Exchange: SHSE
  • Founded: 1984
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: CN¥16.922b
  • Shares outstanding: 1.29b
  • Website: https://www.ctsfreight.com

Number of Employees


Location

  • CTS International Logistics Corporation Limited
  • Tian An Center
  • 20th Floor
  • Shanghai
  • 200003
  • China

Listings


Biography

CTS International Logistics Corporation Limited, a freight forwarding company, engages in the provision of logistics and supply chain trade services in China and internationally. It provides air freight, o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 09:06
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.