YTO Express Group Co Ltd Class A
600233: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.B | LOCK|YH< | LOCK|@%$?XV |
YTO Is Narrowing the Gap With Market Leader ZTO
Business Strategy and Outlook
The six largest privately owned express delivery companies accounted for around 80% of China’s parcel-delivery volume in the third quarter of 2025, based on data from the companies and China’s State Post Bureau. With concentration already high, we think further market share gains from smaller players are limited for these major operators.
