---
title: "CMST Development Co.,Ltd. (600787.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600787.SH.md"
symbol: "600787.SH"
name: "CMST Development Co.,Ltd."
industry: "Air Freight and Logistics"
datetime: "2026-05-20T20:44:07.334Z"
locales:
  - [en](https://longbridge.com/en/quote/600787.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600787.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600787.SH.md)
---

# CMST Development Co.,Ltd. (600787.SH)

## Company Overview

CMST Development Co.,Ltd. provides warehouse logistics services in China, Hong Kong, and internationally. The company offers logistics services for futures and spot delivery of commodities; circular and chain style supply chain services; and logistics services for consumer goods, such as chemicals, food and beverages, liquors, retail goods, cold chain products, packaging and chemical products, medicines and healthcare products, project products, etc. It also provides project logistics services for equipment, materials, and machineries for project construction; and engineering logistics services, including ocean transportation, air transportation, land transportation, warehousing, cargo handling, packaging, customs declaration and inspection, ship chartering and space booking, port transfer, heavy-cargo transportation, logistics plan design, and import and export policy consultation, as well as for services related to chemical engineering, electric power, nuclear energy, water conservancy, metallurgy, mining, railway, airport, environmental protection, machinery manufacturing, infrastructure, etc.

| Item | Detail |
|------|--------|
| Industry | Air Freight and Logistics |
| Exchange | CN Market |
| Website | [www.cmstd.com.cn](https://www.cmstd.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.31)**

**Industry**: Air Freight and Logistics

| Metric | Value |
|--------|-------|
| Industry Ranking | 9 / 31 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 15.53% |  |
| Net Profit YoY | 179.62% |  |
| P/B Ratio | 0.76 |  |
| Dividend Ratio | 1.43% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 10695782411.43 |  |
| Revenue | 72270405055.32 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.90% | C |
| Profit Margin | 0.75% | C |
| Gross Margin | 2.89% | E |
| Revenue YoY | 15.53% | B |
| Net Profit YoY | 179.62% | A |
| Total Assets YoY | 7.65% | B |
| Net Assets YoY | 0.96% | C |
| Cash Flow Margin | 169.47% | B |
| OCF YoY | 15.53% | B |
| Turnover | 3.15 | A |
| Gearing Ratio | 36.74% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - CMST Development Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "15.53%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "179.62%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.76",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.43%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "10695782411.43",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "72270405055.32",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.90%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "0.75%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "2.89%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "15.53%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "179.62%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.65%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.96%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "169.47%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "15.53%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "3.15",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "36.74%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 19.49 | 12/31 | 65.54 | 30.81 | 29.30 |
| PB | 0.75 | 1/31 | 0.94 | 0.91 | 0.88 |
| PS (TTM) | 0.15 | 2/31 | 0.21 | 0.20 | 0.19 |
| Dividend Yield | 1.44% | 13/31 | 1.27% | 1.21% | 1.17% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SF Holding (002352.SZ) | C | C | A | C | B | B |
| 02 | YTO (600233.SH) | B | B | A | B | B | B |
| 03 | Air China Cargo;ACC (001391.SZ) | C | C | B | A | B | B |
| 04 | Jiangsu Azure Corporation (002245.SZ) | B | B | B | B | B | B |
| 05 | EAL (601156.SH) | B | C | B | B | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600787.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600787.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600787.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600787.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**