STO Express Co (SZSE:002468) Other Current Payables : ¥971 Mil (As of Mar. 2024)

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What is STO Express Co Other Current Payables?

STO Express Co's Other Current Payables for the quarter that ended in Mar. 2024 was ¥971 Mil.

STO Express Co's quarterly Other Current Payables increased from Sep. 2023 (¥1,025 Mil) to Dec. 2023 (¥1,026 Mil) but then declined from Dec. 2023 (¥1,026 Mil) to Mar. 2024 (¥971 Mil).

STO Express Co's annual Other Current Payables increased from Dec. 2021 (¥570 Mil) to Dec. 2022 (¥818 Mil) and increased from Dec. 2022 (¥818 Mil) to Dec. 2023 (¥1,026 Mil).

STO Express Co Other Current Payables Historical Data

The historical data trend for STO Express Co's Other Current Payables 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.

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STO Express Co Other Current Payables Chart

STO Express Co Annual Data

Trend

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Dec23

Other Current Payables

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337.42

483.47

570.16

817.69

1,026.39

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
Other Current Payables	Get a 7-Day Free Trial															856.53	990.18	1,025.10	1,026.39	971.46

STO Express Co Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

STO Express Co Other Current Payables Related Terms

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STO Express Co (SZSE:002468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » STO Express Co Ltd (SZSE:002468) » Definitions » Other Current Payables

Comparable Companies

Traded in Other Exchanges

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Address

No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706

Website

http://www.sto.cn

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.

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