STO Express Co Ltd Class A

002468: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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STO Commits to Increasing Capacity by One Third Over the Next Three Years

Chelsey Tam

Feb 14, 2025

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 share already high, we think further volume share gain from smaller players is limited for these large companies.

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STO Express Co Ltd Class A

STO Commits to Increasing Capacity by One Third Over the Next Three Years

Business Strategy and Outlook

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