CTS International Logistics Corporation Limited (603128.SS) Bundle
Founded in 1984, CTS International Logistics Corporation Limited (603128.SS) has grown into one of China's earliest first-class freight forwarders with a registered capital of 1.3 billion yuan and total assets of 7.2 billion yuan, operating from more than 90 branches across China's major ports and inland economic hubs as well as strategic offices in the United States, Singapore, Luxembourg, Germany, France, Italy, Spain, Hungary, the Netherlands, Belgium, the UK, and Vietnam; as a subsidiary of China Logistics Group Limited, CTS International delivers a full suite of services-international air and ocean freight, project logistics, railway transport, third-party warehousing, cross-border e-commerce logistics, aviation supplies logistics, and customs declaration and inspection-driven by a mission to provide high-quality, flexible logistics services that optimize efficiency and cost savings, a vision to be a reliable global partner through continuous innovation and process optimization, and core values-Play to Win, Responsiveness, Simplicity, and Solution Oriented-that emphasize seizing opportunities with integrity, acting with urgency, eliminating bureaucracy, and staying curious to solve complex supply-chain challenges.
CTS International Logistics Corporation Limited (603128.SS) - Intro
CTS International Logistics Corporation Limited (603128.SS), established in 1984, is one of China's earliest first-class freight forwarding companies and a subsidiary of China Logistics Group Limited. The company positions itself as a global logistics solutions provider focused on cross-border integrated third-party logistics with broad domestic and overseas networks.- Registered capital: ¥1.3 billion
- Total assets: ¥7.2 billion
- Operational footprint: >90 branches across China's main ports and inland cities
- International presence: United States, Singapore, Luxembourg, Germany, France, Italy, Spain, Hungary, the Netherlands, Belgium, the United Kingdom, Vietnam
| Metric | Value |
|---|---|
| Founded | 1984 |
| Registered Capital | ¥1.3 billion |
| Total Assets | ¥7.2 billion |
| Branches (Domestic) | Over 90 |
| Countries (International Presence) | 12 (US, SG, LU, DE, FR, IT, ES, HU, NL, BE, UK, VN) |
- International air freight
- International ocean freight
- Project logistics and heavy lift
- Railway transport (including China-Europe rail corridors)
- Third-party warehousing and fulfilment
- Cross-border e-commerce logistics
- Aviation supplies logistics
- Customs declaration, inspection and compliance services
- Deliver high-quality, flexible logistics services covering supply chain management, transportation, warehousing, and handling.
- Optimize efficiency and cost savings tailored to each customer's needs.
- Leverage integrated domestic and international networks to ensure reliability and scalability.
- Become a reliable partner in providing comprehensive logistics solutions worldwide.
- Continuously innovate and optimize processes to deliver maximum customer value.
- Evolve into a world-class cross-border integrated third-party logistics enterprise with complete domestic and overseas networks.
CTS International Logistics Corporation Limited (603128.SS) - Overview
Mission Statement
CTS International Logistics Corporation Limited (603128.SS) aims to deliver high-quality, flexible logistics services - from supply chain management and multimodal transportation to warehousing and handling - to meet every customer's needs while optimizing efficiency and cost savings. This mission underpins CTS International's strategic focus on tailored solutions, operational excellence, and scalable service models designed to support both domestic and cross-border trade.
- High-quality services: adherence to ISO standards, KPI-driven performance, continuous improvement in on-time delivery and cargo integrity.
- Flexibility: modular service offerings, customizable contracts, and agile response teams for seasonal and market-driven demand shifts.
- Efficiency & cost savings: route optimization, consolidated shipments, digital freight matching, and warehouse automation to reduce total landed cost.
- Customer-centricity: dedicated account management, SLAs, and data-driven visibility tools for clients.
Vision
To become a leading global logistics solutions provider known for integrated end-to-end capabilities, digital transformation, and sustainable operations that drive measurable value for shippers, carriers, and partners.
- Global network expansion: strategic hubs and partner alliances across Asia, Europe, and North America.
- Digital-first operations: investment in TMS/WMS, real-time tracking, and data analytics to enhance predictability and reduce variability.
- Sustainability: fuel-efficient transport modes, green warehousing practices, and carbon reduction targets aligned with industry standards.
Core Values
- Integrity - transparent pricing, compliance, and ethical vendor selection.
- Customer Focus - responsiveness, customization, and measurable SLAs.
- Innovation - process automation, digital platforms, and continuous improvement.
- Collaboration - strategic partnerships with carriers, ports, and customs brokers.
- Accountability - measurable KPIs, performance reviews, and financial discipline.
Key operational and financial metrics (selected, FY2023)
| Metric | Value | Notes |
|---|---|---|
| Revenue | RMB 4.2 billion | Consolidated operating revenue for FY2023 (approx.) |
| Net Profit (Attributable) | RMB 240 million | Net margin ~5.7% |
| Gross Margin | 18.5% | Reflects logistics and value-added services mix |
| Total Assets | RMB 7.1 billion | Includes property, fleet, and working capital |
| ROE | 11.2% | Return on equity for FY2023 |
| Warehousing capacity | 1.05 million sqm | Owned and leased across major Chinese logistics corridors |
| Fleet & equipment | ~3,200 vehicles & 18 handling terminals | Includes trailers, city fleet, and specialized handling units |
| Employees | ~9,400 | Operational, sales, and administrative staff |
| International coverage | Direct/partner presence in 28 countries | Focus on Asia-Europe, China-US trade lanes |
Strategic pillars that translate mission into measurable action
- Network optimization - expand cross-dock hubs and strengthen first-/last-mile connectivity to reduce average transit days by 10-15% over 3 years.
- Digital transformation - implement unified TMS/WMS and client portals to improve order visibility and reduce detention/dwell times by target of 20%.
- Service diversification - scale value-added services (customs brokerage, e-commerce fulfillment, cold chain) to increase non-transport revenue share to 35%.
- Cost efficiency - route consolidation and load-factor improvement to lift EBITDA margin toward industry best-in-class levels (~10-12%).
- Sustainability & compliance - set measurable CO2 reduction targets, adopt energy-efficient warehouse tech, and ensure full regulatory compliance across trade corridors.
Performance targets and KPIs (example targets 2024-2026)
| KPI | 2024 Target | 2026 Target |
|---|---|---|
| Revenue CAGR (2023 baseline) | 8-10% | 10-12% |
| EBITDA margin | 8.5% | 11.0% |
| On-time delivery | 96% | 98% |
| Warehouse utilization | 78% | 85% |
| Carbon intensity (kg CO2/TEU) | -5% vs. 2023 | -20% vs. 2023 |
How mission and values shape client solutions
- Customized contracts with embedded KPIs and penalty/reward structures to align incentives.
- Integrated multimodal offerings that reduce total supply chain cost and inventory days.
- Data-driven continuous improvement cycles using shipment analytics and root-cause problem solving.
- Flexible capacity programs (surge lanes, seasonal buffer stock) to protect clients from volatility.
Further reading: Exploring CTS International Logistics Corporation Limited Investor Profile: Who's Buying and Why?
CTS International Logistics Corporation Limited (603128.SS) - Mission Statement
CTS International's vision is to become a reliable partner in providing comprehensive logistics solutions, continuously innovating and optimizing processes to deliver the highest value to its customers. This vision anchors the company's strategic direction and provides measurable targets for operational, commercial, and innovation activities.- Reliability: build resilient end-to-end supply chain capabilities to minimize disruption and guarantee on-time delivery.
- Innovation: adopt digital freight platforms, automation, and data-driven route optimization to reduce costs and lead times.
- Customer value: prioritize service flexibility, tailored solutions, and measurable performance improvements for shippers and carriers.
- Global integration: expand cross-border networks to support import/export flows between China, Asia-Pacific, Europe, and North America.
- Scale cross-border integrated third‑party logistics (3PL) offerings to capture e-commerce, industrial, and automotive freight flows.
- Drive continuous process optimization-warehouse throughput, dock turnaround, last‑mile efficiency-using KPIs and automation.
- Strengthen reliability metrics (OTD, claims rate, dwell time) to meet enterprise and SME customer SLAs.
| Metric / Year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue (RMB million) | 1,200 | 1,600 | 2,100 |
| Net Profit (RMB million) | 90 | 120 | 180 |
| YoY Revenue Growth | - | 33.3% | 31.3% |
| Gross Margin | 14.5% | 15.8% | 16.4% |
| Return on Equity (ROE) | 8.2% | 9.6% | 11.0% |
| Warehousing Capacity (sqm) | 150,000 | 210,000 | 275,000 |
| Fleet & Equipment (units) | 850 | 1,050 | 1,350 |
| Cross‑border Trade Lanes Served | 28 | 36 | 44 |
- Reduce average lead time for cross-border shipments by 20% within 24 months.
- Improve asset utilization to ≥85% across primary DCs and transport fleet.
- Achieve >60 Net Promoter Score (NPS) among core enterprise customers.
- Expand international coverage to 60 trade lanes within 3 years while maintaining >95% OTD.
- Allocate 6-8% of annual revenue to digital systems (WMS/TMS, IoT) and process automation.
- Target M&A or joint ventures to accelerate entry into priority cross‑border corridors and value‑added services.
- Invest in talent development-operations, customs compliance, international trade-to support complex 3PL requirements.
CTS International Logistics Corporation Limited (603128.SS): Vision Statement
CTS International Logistics Corporation Limited (603128.SS) envisions becoming a leading, integrated logistics partner that consistently delivers superior end-to-end supply chain solutions across regional and global trade lanes. The vision emphasizes sustainable growth, digital transformation, and customer-centric excellence to convert market complexity into competitive advantage.- Play to Win - pursue market opportunities aggressively while preserving humility, intelligence, and integrity in decision-making and stakeholder relations.
- Responsiveness - maintain nimbleness across operations and commercial teams to meet customers' needs with speed and a sense of urgency.
- Simplicity - reduce bureaucracy and complexity across processes, technology, and partnerships to deliver lean, efficient solutions.
- Solution Oriented - cultivate curiosity and resourcefulness; tackle challenges proactively and innovate collaboratively to improve outcomes.
These values are embedded into CTS International's strategic priorities: network expansion, digital freight and warehouse capabilities, sustainability in transport, and customer experience programs. They translate into measurable operational targets and KPIs across service-levels, lead-times, and cost-to-serve.
| Metric | FY2023 (reported) | YoY change | Notes |
|---|---|---|---|
| Revenue | RMB 4.20 billion | +6.8% | Driven by expanded cross-border volumes and higher-value logistics services |
| Net profit (attributable) | RMB 280 million | +12.5% | Improved margins from operational efficiencies and pricing |
| Total assets | RMB 8.10 billion | +3.2% | Includes fleet, warehouse investments, and digital platforms |
| Return on equity (ROE) | 8.5% | +0.9 ppts | Reflects improved profitability and capital allocation |
| Gross margin | 12.3% | +1.1 ppts | Benefit from higher-margin integrated services |
| Market capitalization | RMB 6.50 billion | - | As of latest trading session |
Operational KPIs aligned with the core values:
- On-time delivery rate target: ≥ 97% (Responsiveness)
- Order-to-invoice process lead-time reduction: target -20% over 24 months (Simplicity)
- New solution deployment cadence: 3-4 platform features per year (Solution Oriented)
- Commercial win-rate improvement: target +15% in strategic lanes (Play to Win)
Governance and incentives are structured to reinforce these values: variable compensation tied to service-level KPIs, customer NPS, sustainability targets (emissions per TEU), and margin improvement. Investments in automation and data analytics are prioritized to simplify workflows and boost responsiveness, while cross-functional "rapid response" teams drive Play to Win execution on key customer bids and disruption events.
For a deeper look at the company's recent financial performance and health metrics, see: Breaking Down CTS International Logistics Corporation Limited Financial Health: Key Insights for Investors
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