Company Quick10K Filing
Best
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 -0 $-0
20-F 2019-04-11 Annual: 2018-12-31
20-F 2018-04-12 Annual: 2017-12-31

Best Financials

BSTI Metrics, Comps, Filings

Annual | Quarterly

Business

Our founder established Eight Hundred Logistics Technologies Corporation, or BEST BVI, a British Virgin Islands company, and its wholly owned subsidiary in Hong Kong, BEST Logistics Technologies Limited, or BEST HK, in May 2007. In March 2008, BEST Logistics Technologies Limited was established under the laws of the Cayman Islands, which became our current ultimate holding company. In June 2017, the name of BEST Logistics Technologies Limited was changed to BEST Inc. In December 2017, we established BEST Capital Inc., a Cayman Islands company, and its wholly owned subsidiaries, namely BEST Capital Holding Limited, a British Virgin Islands company, and BEST Capital Management Limited, a Hong Kong company. In March 2018, Xinyuan Financial Leasing (Zhejiang) Co., Ltd., which operates our BEST Capital business, was transferred from BEST Logistics Technologies Limited to BEST Capital Management Limited. We conduct our businesses mainly through our wholly-foreign owned enterprises and the VIE in China. See "-C. Organizational Structure - Contractual Arrangements with Our Affiliated Consolidated Entities."

We have a track record of successful organic growth and strategic acquisitions, as evidenced by the following corporate milestones:

· In 2008, we launched BEST Supply Chain Management;


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
ZTO Express (ZTO) 12,043 0% 39,683 5,413 0 0 0 0 7,420
Old Dominion Freight Line (ODFL) 11,912 0% 10.6 17% 3,759 960 4,137 0 640 1,109 11,730
Hunt JB Transport Services (JBHT) 9,778 0% 9.9 9% 5,421 3,285 8,879 0 473 1,125 11,143
Knight-Swift Transportation (KNX) 5,361 0% 5.7 5% 8,214 2,682 5,188 0 426 990 5,618
Landstar System (LSTR) 4,216 0% 10.5 19% 1,349 620 4,462 0 260 379 3,966
Schneider National (SNDR) 3,878 59% 6.0 6% 3,893 1,707 5,008 2,976 227 652 3,903
Werner Enterprises (WERN) 2,167 0% 9.1 9% 2,129 1,096 2,500 0 181 233 2,120
Heartland Express (HTLD) 1,778 0% 7.6 9% 860 207 580 0 81 204 1,553
SAIA (SAIA) 1,655 0% 7.0 8% 1,352 595 1,707 0 113 262 1,834
Marten Transport (MRTN) 974 0% 11.2 7% 797 194 815 0 60 80 892
Arcbest (ARCB) 709 0% 3.4 5% 1,634 891 3,084 0 85 241 809
Universal Logistics (ULH) 688 0% 6.4 7% 928 691 1,521 0 61 164 1,046
Covenant Transportation (CVTI) 265 0% 3.8 5% 852 500 954 0 39 132 501
US Xpress Enterprises (USX) 245 0% 4.8 3% 1,116 877 1,759 0 31 140 666
PAM Transportation Services (PTSI) 208 0% 8.8 7% 473 330 540 0 32 48 424
YRC Worldwide (YRCW) 126 0% 3.9 -3% 1,907 2,277 5,006 0 -52 226 874
USA Truck (USAK) 84 0% 3.9 3% 357 273 541 0 10 46 181
Patriot Transportation Holding (PATI) 61 0% 5.0 3% 72 17 111 0 2 11 55
BEST (BEST)
Best (BSTI) 0% 12,366 8,226 0 0 0 0 -2,999

Balance Sheet ($MM)2017-12-312018-12-31
Cash191436
Accounts Receivable113152
Inventory2422
PP&E201300
Assets1,6721,799
Accounts Payable
Long-Term Debt
Liabilities9971,196
Stockholders' Equity675602
Income Statement ($MM)2017-12-312018-12-31
Revenue2,9974,067
Cost of Revenue2,9983,857
Gross Profit75210
R&D2127
SG&A249278
Tax22
Net Income-189-74
Cash Flow ($MM)2017-12-312018-12-31
Cash Operating1893
Cash Investing-646-179
Cash Financing37281