Yunda Holding Co Ltd Class A
002120: XSHE (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥48.10 | Cntls | Txtvvfkqz |
Yunda Earnings: Fair Value Estimate Raised by 5% After Earnings Beat; Long-Term Outlook Improved
We lifted no-moat Yunda Holding’s fair value estimate by 18% to CNY 11.20 per share after its first-half earnings exceeded our expectation. We think Yunda’s shares are undervalued, and we assume core operating profit will grow at a CAGR of 7% in the next five years.