May 2026
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Largest Transportation & Logistics Software Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Full Truck Alliance, Zhuzhou CRRC Times, TravelSky, Transfar Zhilian Co and SureKAM Corporation.
 | Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services. | $10 | -19% | $10B | $7B | 3.9x | 11.0x | ||
| Zhuzhou CRRC Times Electric Co Ltd is in the R&D, design, manufacturing, and sales of rail transit equipment products and the provision of related services, and has an industrial structure of components, systems, and complete machines. Its products mainly include rail transit electrical equipment, railway engineering machinery, communication signal systems, and others. Meanwhile, the Company actively expands to industries other than rail transit, and conducts business in the fields of power semiconductor devices, industrial converter products, electric drive systems for new energy vehicles, sensor devices, and marine equipment, The Company operates in the domestic market and overseas markets. | $7 | +33% | $10B | $10B | 2.4x | 11.5x | ||
| TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue. | $1 | -12% | $3B | $2B | 1.3x | 3.5x | ||
| Transfar Zhilian Co Ltd is engaged in the production and sale of specialty chemicals used in textile printing and dyeing, leather, building materials and water treatment. | $1 | -- | $2B | $4B | 1.0x | 14.0x | ||
| China TransInfo Technology Co Ltd operates as an intelligent transportation operator and traffic data service provider. The company offers its solutions for the urban transportation, highway transportation, rail transportation, civil aviation, water transportation, and other fields. | $1 | -14% | $2B | $1B | 1.1x | 12.7x | ||
| GuoChuang Software Co Ltd provides data intelligence products and services. It mainly operates three business segments: digital applications, digital products, and digital operations. The Digital applications segment provides data intelligence industry software products and IT solutions and services to customers in industries such as operators, energy, transportation, government, and enterprises. The Digital products segment is engaged in developing and applying Battery Management Systems, energy storage BEMS, smart energy storage systems, assisted driving and autonomous driving domain controllers, and other integrated hardware and software data intelligent products; and the Digital operations segment builds and operates a smart logistics cloud platform. | $5 | +42% | $1B | $2B | 7.2x | (97.0x) | ||
| Beijing E-hualu Information Technology Co Ltd is engaged in building a data lake, a digital economic infrastructure with Chinese characteristics. It provide ecological operation services for building an intelligent economic model that is data-driven, human-machine collaborative, cross-border integrated, and co-created and shared. | $2 | -47% | $1B | $2B | 27.6x | (6.2x) | ||
| Beijing eGova Co Ltd is a high-tech software company. It provides solutions in the digital city management, innovation and social management, intelligent transportation, and safe city fields in China. The company offers digital city management software and a grid of social service management systems; digital law enforcement management software and systems; three-dimensional imaging and mobile road measurement systems. | $2 | -28% | $1B | $961M | 10.8x | (19.1x) | ||
| JSTI Group is a global engineering consulting firm. The company's services include planning consultation, survey and design, test and inspection, project and construction management and urban management optimization, engineering and architecture, risk management of natural disasters, design, supervision, and maintenance of hydraulic infrastructures. The company offers its services for highway, rail, maritime, aviation, water, environment, architecture, industry, and government fields, as well as smart cities. | $1 | -- | $1B | $1B | 1.7x | 25.0x | ||
| Jiangsu Tongxingbao Intelligent Transportation Technology Co Ltd is engaged in providing intelligent transportation platform solutions for expressways, arterial roads and urban transportation. | $2 | -30% | $1B | $489M | 3.1x | 9.1x | ||
| Guotai Epoint Sofware Co Ltd provides software-centric smart overall solutions for the three sub-fields of smart recruitment, smart government and digital construction in smart cities. | $3 | -31% | $964M | $476M | 1.8x | 30.5x | ||
| Duolun Technology Corp Ltd develops motor vehicle driving training and examination system, vehicle driving simulation training systems, intelligent traffic management application platform, traffic signal control systems and electronic police systems. | $1 | -16% | $715M | $568M | 9.6x | 255.7x | ||
| New Trend International Logis-tech Co Ltd provides logistics system integration services. It provides warehousing, distribution and logistics automation systems and services. It offers logistics software, including warehouse control system, warehouse management system, data acquisition, and monitoring system, logistics management integration platform, transportation management system, and picking management system. It provides production planning, design, system integration, software development, equipment customization; and after-sales service, and a series of services. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries. | $1 | -41% | $661M | $551M | 1.6x | 13.1x | ||
| Logory Logistics Technology Co Ltd is a full-link digital freight service provider in China. The company provides a series of digital freight services and solutions for all participants in the freight industry such as logistics companies and cargo owners, as well as truckers in both inter-city and intra-city road freight transportation. | $0 | -46% | $92M | $49M | 0.1x | 4.2x | ||
| Median | $1 | -24% | $1B | $1B | 2.1x | 11.3x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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