China Post Securities' research report pointed out that the demand for express delivery in 2024 exceeded expectations at the beginning of the year, and the steady statement of leading express delivery improved market sentiment. The capital expenditures of various express delivery companies have gradually peaked and fallen, and there is no longer a basis for vicious price wars. Bullish on the continuous growth of business volume of various express delivery companies driving revenue scale, while reducing costs and increasing efficiency to improve unit profitability. The stock prices of various express delivery companies have recently fallen and their valuations are at a low level. Recommended to pay attention to: yto express group, yunda holding, s.f. holding, etc.
中邮证券：快递公司估值处于较低水平
China Post Securities: The valuation of express delivery companies is at a relatively low level.
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