Industrials Jul 12, 2020 12:46 AM (GMT+8) · EqualOcean
As the tier-one express firm, Yunda Holdings (韵达股份) has achieved excellent performance in its profitability. Precisely, its ROEs were around 21.22% to 37.80% from 2016 to 2019. Moreover, the express industry will keep its high growth in order volumes in the next two or three years. The new shopping mode in live streaming would keep activating people’s consumption, further promoting the express industry’s development. There is an expectation that Yunda Holdings would achieve net profits for CNY 2.96 billion, CNY 3.56 billion and CNY 4.07 billion from 2020 to 2022.
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