Sinotrans
Market Cap
HK$39.2b
Last Updated
2021/05/07 11:04 UTC
Data Sources
Company Financials +
Executive Summary
Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Sinotrans's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 598 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 598's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
598
0.7%
HK Logistics
-1.8%
HK Market
1 Year Return
108.0%
598
101.1%
HK Logistics
27.5%
HK Market
Return vs Industry: 598 exceeded the Hong Kong Logistics industry which returned 101.1% over the past year.
Return vs Market: 598 exceeded the Hong Kong Market which returned 27.5% over the past year.
Shareholder returns
| 598 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 0.7% | -1.8% |
| 30 Day | 11.3% | 8.0% | -1.6% |
| 90 Day | 34.3% | 14.9% | -2.5% |
| 1 Year | 124.8%108.0% | 110.9%101.1% | 32.5%27.5% |
| 3 Year | -7.7%-21.0% | 17.0%3.5% | 4.0%-7.0% |
| 5 Year | 35.0%7.7% | 68.6%41.8% | 60.1%32.9% |
Long-Term Price Volatility Vs. Market
How volatile is Sinotrans's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Does Sinotrans (HKG:598) Deserve A Spot On Your Watchlist?2 weeks ago | Simply Wall St
A Look At The Fair Value Of Sinotrans Limited (HKG:598)1 month ago | Simply Wall St
The Returns At Sinotrans (HKG:598) Aren't GrowingValuation
Is Sinotrans undervalued compared to its fair value and its price relative to the market?
25.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 598 (HK$3.64) is trading below our estimate of fair value (HK$4.89)
Significantly Below Fair Value: 598 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 598 is good value based on its PE Ratio (6.7x) compared to the HK Logistics industry average (14.8x).
PE vs Market: 598 is good value based on its PE Ratio (6.7x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 598 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 598 is good value based on its PB Ratio (0.7x) compared to the HK Logistics industry average (1x).
Future Growth
How is Sinotrans forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
5.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 598's forecast earnings growth (5.4% per year) is above the savings rate (1.5%).
Earnings vs Market: 598's earnings (5.4% per year) are forecast to grow slower than the Hong Kong market (17.2% per year).
High Growth Earnings: 598's earnings are forecast to grow, but not significantly.
Revenue vs Market: 598's revenue (6.6% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).
High Growth Revenue: 598's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 598's Return on Equity is forecast to be low in 3 years time (9.8%).
Past Performance
How has Sinotrans performed over the past 5 years?
9.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 598 has high quality earnings.
Growing Profit Margin: 598's current net profit margins (3.4%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: 598's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: 598's earnings growth over the past year (35.8%) exceeds its 5-year average (9.3% per year).
Earnings vs Industry: 598 earnings growth over the past year (35.8%) exceeded the Logistics industry 10%.
Return on Equity
High ROE: 598's Return on Equity (10.6%) is considered low.
Financial Health
How is Sinotrans's financial position?
Financial Position Analysis
Short Term Liabilities: 598's short term assets (CN¥30.8B) exceed its short term liabilities (CN¥26.3B).
Long Term Liabilities: 598's short term assets (CN¥30.8B) exceed its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: 598's debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 598's debt to equity ratio has increased from 36.9% to 37.2% over the past 5 years.
Debt Coverage: 598's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 598 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Sinotrans's current dividend yield, its reliability and sustainability?
3.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 598's dividend (3.96%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 598's dividend (3.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: 598's dividend payments have been volatile in the past 10 years.
Growing Dividend: 598's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.5%), 598's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 598's dividends in 3 years are forecast to be well covered by earnings (31.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Rong Song (48 yo)
2.08yrs
Tenure
CN¥1,916,400
Compensation
Mr. Song Rong serves as the Chairman at China Merchants Logistics Holding Co., Ltd. Mr. Song serves as President at Sinotrans Limited since April 22, 2019 and its Executive Director since June 1, 2018. Mr....
CEO Compensation Analysis
Compensation vs Market: Rong's total compensation ($USD296.52K) is below average for companies of similar size in the Hong Kong market ($USD675.91K).
Compensation vs Earnings: Rong's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 598's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: 598's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sinotrans Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sinotrans Limited
- Ticker: 598
- Exchange: SEHK
- Founded: 1950
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: HK$39.206b
- Shares outstanding: 7.40b
- Website: https://www.sinotrans.com
Number of Employees
Location
- Sinotrans Limited
- Sinotrans Building Tower B
- Building 10
- Beijing
- 100029
- China
Listings
Biography
Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through Forwarding and Related Business, Logistics Business, and E-commerce Busine...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 11:04 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.