Financials Sinotrans Limited

Equities

Delayed Hong Kong S.E. Other stock markets 10:59:46 2025-01-21 pm EST			5-day change	1st Jan Change
3.790 ^HKD	-0.79%		+6.16%	+3.27%

Jan. 08	Sinotrans Gets Hong Kong Bourse's Nod for Proposed Spin-Off, Shanghai Listing of REIT	MT
Jan. 03	Tranche Update on Sinotrans Limited's Equity Buyback Plan announced on October 16, 2024.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	77,650	84,537	124,346	108,817	101,705	117,537	120,871	127,969
Change	-	8.87%	47.09%	-12.49%	-6.54%	15.57%	2.84%	5.87%
EBITDA ¹	5,218	5,464	7,041	7,514	7,096	5,586	5,868	6,268
Change	-	4.72%	28.86%	6.71%	-5.56%	-21.28%	5.05%	6.81%
EBIT ¹	3,372	3,379	4,867	5,204	5,473	3,365	3,564	3,996
Change	-	0.23%	44.02%	6.92%	5.18%	-38.52%	5.9%	12.13%
Interest Paid ¹	-288.5	-625.2	-399.6	43.98	-259.1	-207	-405.7	-308
Earnings before Tax (EBT) ¹	3,326	3,536	4,732	5,198	5,510	5,044	5,365	5,897
Change	-	6.32%	33.84%	9.84%	6.01%	-8.46%	6.36%	9.92%
Net income ¹	2,803	2,754	3,713	4,068	4,222	3,974	4,243	4,876
Change	-	-1.75%	34.82%	9.56%	3.78%	-5.88%	6.79%	14.9%
Announcement Date	3/31/20	3/30/21	3/29/22	3/27/23	3/22/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q3	2022 Q4	2023 Q1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3
Net sales ¹	21,796	16,382	23,309	22,599	22,242	28,902	32,774	36,139	26,530	-	25,202	28,424	22,361	24,936	28,932	24,287	32,081	29,505
Change	-	-24.84%	42.29%	-3.04%	-1.58%	29.94%	13.4%	10.27%	-26.59%	-100%	-	12.78%	-21.33%	11.52%	16.02%	-16.05%	32.09%	-8.03%
EBITDA	-	-	-	-	-	-	-	-	-	-	1,218	-	1,243	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-100%	-	-100%	-	-	-	-
EBIT ¹	782	311.4	1,251	987.9	829.5	1,037	1,663	1,228	939.1	-	1,457	1,276	1,217	1,285	1,378	1,015	2,443	1,139
Change	-	-60.18%	301.68%	-21.01%	-16.03%	25.02%	60.37%	-26.17%	-23.52%	-100%	-	-12.47%	-4.63%	5.66%	7.19%	-26.31%	140.58%	-53.38%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	-	-	-	-	-	-	-	-	634.2	982.5	-	-	960.9	-	-	-	-	800.2
Change	-	-	-	-	-	-	-	-	-	54.93%	-100%	-	-	-100%	-	-	-	-
Announcement Date	3/31/20	4/29/20	8/27/20	10/29/20	3/30/21	4/28/21	8/24/21	10/27/21	3/29/22	4/27/22	10/26/22	3/27/23	4/28/23	10/27/23	3/22/24	4/29/24	8/29/24	10/25/24

¹CNY in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	39,691	44,843	62,669	55,191	53,625	47,837	53,868	56,368	63,099	59,946	67,347
Change	-	12.98%	39.75%	-11.93%	-2.84%	-10.79%	12.61%	4.64%	11.94%	-5%	12.34%
EBITDA	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	-	-	2,167	2,758	710.6	-	1,378	-	1,614	1,689	1,902
Change	-	-	-	27.26%	-74.23%	-100%	-	-100%	-	4.62%	12.61%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-
Net income	1,215	-	1,551	-	-	-	-	-	-	-	-
Change	-	-100%	-	-100%	-	-	-	-	-	-	-
Announcement Date	8/27/20	3/30/21	3/29/22	8/25/22	3/27/23	9/7/23	3/22/24	8/29/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-827	1,641	-1,152	-3,154	-3,788	-3,346	-4,838	-6,540
Change	-	98.43%	-170.2%	-373.78%	-220.1%	-188.32%	-244.59%	-235.18%
Announcement Date	3/31/20	3/30/21	3/29/22	3/27/23	3/22/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	1,921	1,679	1,222	1,283	1,223	1,618	1,568	1,506
Change	-	-12.58%	-27.21%	4.94%	-4.67%	32.34%	-3.07%	-3.97%
Free Cash Flow (FCF) ¹	1,399	2,277	2,943	-	-	-	-	-
Change	-	62.74%	29.22%	-	-	-	-	-
Announcement Date	3/31/20	3/30/21	3/29/22	3/27/23	3/22/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	6.72%	6.46%	5.66%	6.91%	6.98%	4.75%	4.85%	4.9%
EBIT Margin (%)	4.34%	4%	3.91%	4.78%	5.38%	2.86%	2.95%	3.12%
EBT Margin (%)	4.28%	4.18%	3.81%	4.78%	5.42%	4.29%	4.76%	4.8%
Net margin (%)	3.61%	3.26%	2.99%	3.74%	4.15%	3.38%	3.51%	3.81%
FCF margin (%)	1.8%	2.69%	2.37%	-	-	-	-	-
FCF / Net Income (%)	49.91%	82.68%	79.24%	-	-	-	-	-
Profitability
ROA	4.54%	4.31%	5.3%	-	5.47%	4.9%	5.18%	5.27%
ROE	10.85%	9.35%	11.69%	11.93%	11.59%	9.85%	10.34%	10.44%
Financial Health
Leverage (Debt/EBITDA)	-	0.3x	-	-	-	-	-	-
Debt / Free cash flow	-	0.72x	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.47%	1.99%	0.98%	1.18%	1.2%	1.38%	1.3%	1.18%
CAPEX / EBITDA (%)	36.81%	30.73%	17.36%	17.07%	17.23%	28.97%	26.73%	24.03%
CAPEX / FCF (%)	137.26%	73.74%	41.54%	-	-	-	-	-
Items per share
Cash flow per share ¹	0.449	0.5346	0.5628	-	0.526	0.6885	0.9511	0.9942
Change	-	19.06%	5.27%	-	-	30.89%	38.14%	4.53%
Dividend per Share ¹	0.12	0.12	0.18	-	0.29	0.2789	0.2947	0.3158
Change	-	0%	50%	-	-	-3.82%	5.67%	7.14%
Book Value Per Share ¹	3.843	4.114	4.472	-	5.182	5.484	5.775	6.097
Change	-	7.07%	8.71%	-	-	5.82%	5.31%	5.57%
EPS ¹	0.38	0.37	0.5	-	0.5822	0.5452	0.5772	0.6382
Change	-	-2.63%	35.14%	-	-	-6.36%	5.88%	10.57%
Nbr of stocks (in thousands)	7,400,804	7,400,804	7,400,804	-	7,244,937	7,211,647	7,211,647	7,211,647
Announcement Date	3/31/20	3/30/21	3/29/22	-	3/22/24	-	-	-