Yunda Holding Group Co Ltd Class A
002120: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| m.l | LOCK|xk | LOCK|!jTpfmt |
Yunda Holding Saw Lower Gross Margin Due to Price Cut
Business Strategy and Outlook
The six largest privately owned express delivery companies accounted for around 82% of China’s parcel deliveries by volume in the third quarter of 2024, based on data from the companies and China’s State Post Bureau. With large delivery firms' share already high, we think further volume share gains from smaller players is limited.
