STO Express Co Ltd Class A
002468: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #? | LOCK|yr& | LOCK|%g |
STO Express Earnings: Raised Valuation by 22% on Better-Than-Expected Results and Industry Growth
STO Express' 2024 recurring EBIT was up 212%, thanks to a 1.8-percentage-point increase in gross margin. First-quarter revenue and EBIT were up 18% and 25% year on year, respectively, driven by 27% growth in parcel volume and a higher operating margin offsetting a lower gross margin.
