YTO Express Group Co Ltd Class A 600233

Morningstar Rating
¥17.85 +0.99 (5.87%)
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Company Report

Price vs Fair Value

600233 is trading at a 559% premium.
Price
¥17.85
Fair Value
¥51.40
Uncertainty
High
1-Star Price
¥47.35
5-Star Price
¥82.43
Economic Moat
Vrgqk
Capital Allocation
Lkscnwcbf

Bulls Say, Bears Say

Bulls

Successful mergers or acquisitions could strengthen YTO’s scale.

Bears

YTO could lose more volume share than expected to competitor STO following support to the latter by Alibaba Holdings that enables STO to be more aggressive in its price cuts for longer.

Trading Information

Previous Close Price
¥16.86
Day Range
¥17.0117.97
52-Week Range
¥10.7217.97
Bid/Ask
¥17.83 / ¥17.85
Market Cap
¥61.50 Bil
Volume/Avg
39.6 Mil / 12.0 Mil

Key Statistics

Price/Earnings (Normalized)
16.67
Price/Sales
0.97
Dividend Yield (Trailing)
1.96%
Dividend Yield (Forward)
1.96%
Total Yield
1.96%

Company Profile

YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas’ brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO’s strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
Large Core
Total Number of Employees
17,804

Competitors

Valuation

Metric
600233
FDX
002468
Price/Earnings (Normalized)
16.6715.5428.75
Price/Book Value
2.072.361.92
Price/Sales
0.970.750.40
Price/Cash Flow
9.555.646.23
Price/Earnings
600233
FDX
002468

Financial Strength

Metric
600233
FDX
002468
Quick Ratio
0.811.150.32
Current Ratio
1.191.280.69
Interest Coverage
50.3915.866.13
Quick Ratio
600233
FDX
002468

Profitability

Metric
600233
FDX
002468
Return on Assets (Normalized)
8.77%4.84%2.47%
Return on Equity (Normalized)
12.95%15.67%6.36%
Return on Invested Capital (Normalized)
10.71%6.92%3.73%
Return on Assets
600233
FDX
002468

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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