With the increasing popularity of online shopping, the express delivery industry can be said to have ushered in a wave of outbreaks, so the recent logistics related concept stocks have risen wellLet's take a brief look.
01 Basic information
The full name of YTO Express is YTO Express Co., Ltd., which is a leading comprehensive express logistics operator in China.
In 2016, it was listed on the backdoor. The controlling companies are Yu Huijiao and Zhang Xiaojuan, and the shareholding ratios are %.
02 Performance
In 2015, the operating income of YTO Express was 12.1 billion yuan, which increased to 53.5 billion yuan in 2022, maintaining a high and positive growth rate for 7 consecutive years, and in the first three quarters of 2023, the operating income was 40.7 billion yuan, a year-on-year increase of 5%.
Net profit increased from 700 million yuan in 2015 to 3.9 billion yuan in 2022 during the same period, and in the first three quarters of 2023, net profit was 2.6 billion yuan, down 4% year-on-year.
Overall, the performance of YTO Express is still good. However, there has been a trend of stagnation in the past year or two.
03 Asset quality
As of the third quarter of 2023, YTO Express has total assets of 41.3 billion yuan, liabilities of 12.4 billion yuan, net assets of 28.8 billion yuan, monetary cash of 9.3 billion, asset-liability ratio of 30%, and return on net assets of 10%.
Overall, asset quality was good.
04 SalesHairInterest rates
From 2015 to 2022, YTO Express's gross profit margin fluctuated between 10%-15% overall, and 10% in the third quarter of 2023.
05 Dividend valuation
YTO Express currently has a market value of 41.2 billion yuan, a dynamic P/E ratio of 11 times, a static P/E ratio of 10 times, and a P/B ratio of 146 times. Valuations are at a low level. The current dividend yield is 206%。
06 Summary
Overall, YTO Express performed better.