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STO Express Co (SZSE:002468) Scaled Net Operating Assets : 0.66 (As of Mar. 2024)


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What is STO Express Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

STO Express Co's operating assets for the quarter that ended in Mar. 2024 was ¥20,888 Mil. STO Express Co's operating liabilities for the quarter that ended in Mar. 2024 was ¥5,978 Mil. STO Express Co's Total Assets for the quarter that ended in Dec. 2023 was ¥22,750 Mil. Therefore, STO Express Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.66.


STO Express Co Scaled Net Operating Assets Historical Data

The historical data trend for STO Express Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

STO Express Co Scaled Net Operating Assets Chart

STO Express Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.64 0.57 0.67 0.66

STO Express Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.61 0.62 0.61 0.66

Competitive Comparison of STO Express Co's Scaled Net Operating Assets

For the Integrated Freight & Logistics subindustry, STO Express Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


STO Express Co's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, STO Express Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where STO Express Co's Scaled Net Operating Assets falls into.



STO Express Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

STO Express Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(19883.971-6504.312)/20332.145
=0.66

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22749.67 - 2865.699
=19883.971

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13930.891 - 3732.523 - 3694.056
=6504.312

STO Express Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(20887.906-5978.175)/22749.67
=0.66

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23807.459 - 2919.553
=20887.906

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14804.207 - 3781.379 - 5044.653
=5978.175

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


STO Express Co Scaled Net Operating Assets Related Terms

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STO Express Co (SZSE:002468) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706
STO Express is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying's brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.
Executives
Xiong Da Hai Executives
Chen De Jun Directors, executives
Qiu Cheng Supervisors
Chen Xu Executives
Luo Rong Securities Affairs Representative

STO Express Co (SZSE:002468) Headlines

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