STO Express Co Ltd Class A
002468: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| RN | LOCK|VH | LOCK|bHD |
STO Express Earnings: Raise Fair Value 8% as ASP Recovery and Volume Growth Drive Earnings Revision
STO Express' first-quarter core EBIT surged 91% year on year, outperforming Yunda's 39% and YTO Express' 59%, mainly supported by a government-led, nationwide price hike. Revenue grew 31% on a 14% rise in parcel volume. STO's first-quarter parcel volume share rose to 13.9% from 13.5% sequentially.
