YTO Express Group Co Ltd Class A
600233: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.%< | LOCK|VpX | LOCK|#V^TRf |
YTO Express and Yunda Holding Earnings: Price Hikes Boosted Recurring EBIT for YTO but Not Yunda
Third-quarter recurring EBIT for YTO and Yunda rose 33% and declined 31% year on year, respectively. The divergence was due to a 99-basis-point gross margin expansion for YTO and a 186-basis-point contraction for Yunda, alongside parcel volume growth of 15% and 7%, respectively.
