Yunda Holding Co Ltd Class A 002120

Morningstar Rating
¥8.89 +0.64 (7.76%)
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Company Report

Price vs Fair Value

002120 is trading at a 536% premium.
Price
¥8.89
Fair Value
¥95.60
Uncertainty
High
1-Star Price
¥95.89
5-Star Price
¥9.72
Economic Moat
Vsdz
Capital Allocation
Mjjdxvgy

Bulls Say, Bears Say

Bulls

Entry of Douyin as a strategic shareholder could lead to benefits for Yunda through higher volume and funding. This could allow Yunda to be more competitive.

Bears

Yunda loses volume share to competitor STO Express following support to STO from Alibaba Holdings that enables STO to be more aggressive in its price cuts.

Trading Information

Previous Close Price
¥8.25
Day Range
¥8.478.96
52-Week Range
¥5.6610.09
Bid/Ask
¥8.89 / ¥8.90
Market Cap
¥25.77 Bil
Volume/Avg
73.1 Mil / 24.0 Mil

Key Statistics

Price/Earnings (Normalized)
17.56
Price/Sales
0.57
Dividend Yield (Trailing)
1.91%
Dividend Yield (Forward)
1.91%
Total Yield
1.91%

Company Profile

Yunda is one of the “Tongdas,” which refers to the top four national express delivery companies that adopt the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas’ brands and collect the customer payments. Unlike some other peers, Yunda controls 100% of its hub-level transit centers, ensuring higher quality assurance. The company was founded by couple Nie Tengyun and Chen Liying. Nie remains the Chairman and President, with a 54.8% stake as of Sept. 30, 2023. Yunda’s strategic shareholder is leading China e-commerce company, Alibaba Group, with around a 1.99% interest.
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
Mid Value
Total Number of Employees
10,920

Competitors

Valuation

Metric
002120
FDX
600233
Price/Earnings (Normalized)
17.5615.5416.67
Price/Book Value
1.312.362.07
Price/Sales
0.570.750.97
Price/Cash Flow
5.705.649.55
Price/Earnings
002120
FDX
600233

Financial Strength

Metric
002120
FDX
600233
Quick Ratio
1.171.150.81
Current Ratio
1.501.281.19
Interest Coverage
7.0715.8650.39
Quick Ratio
002120
FDX
600233

Profitability

Metric
002120
FDX
600233
Return on Assets (Normalized)
5.13%4.84%8.77%
Return on Equity (Normalized)
10.38%15.67%12.95%
Return on Invested Capital (Normalized)
7.03%6.92%10.71%
Return on Assets
002120
FDX
600233

Integrated Freight & Logistics Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
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JBHT
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C.H. Robinson Worldwide Inc
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Landstar System Inc
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Hub Group Inc Class A
HUBG
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