STO Express Co (SZSE:002468) Inventories, Work In Process : ¥0 Mil (As of Sep. 2024)

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What is STO Express Co Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. STO Express Co's work in process for the quarter that ended in Sep. 2024 was ¥0 Mil.

STO Express Co Inventories, Work In Process Historical Data

The historical data trend for STO Express Co's Inventories, Work In Process 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 Inventories, Work In Process Chart

STO Express Co Annual Data

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Inventories, Work In Process

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STO Express Co Quarterly Data
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STO Express Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

STO Express Co Business Description

Industry

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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 widow Chen Xiaoying's brother, Chen Dejun is now the chairman. The family held over 34% of the company as of Sept. 30, 2024. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase additional 21% of STO from the family 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 Headlines

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