YTO Express Group (600233) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥75.28 billion in 2025, up 9.05% year-over-year, with net profit attributable to shareholders of ¥4.32 billion, up 7.73% year-over-year.

• Fastest growth in express delivery volume, reaching 31.14 billion parcels, up 17.2%, outpacing industry average.

• Maintained nationwide network coverage, with 4,972 franchisees and over 78,000 terminal outlets.

• Continued digital and intelligent transformation, with significant investments in automation and AI.

• International business expanded to 150+ countries, with 13 owned aircraft and 160+ cargo routes.

Financial highlights

• Revenue: ¥75.28 billion, up 9.05% year-over-year.

• Net profit attributable to shareholders: ¥4.32 billion, up 7.73% year-over-year.

• Operating cash flow: ¥7.85 billion, up 34.03% year-over-year.

• Gross margin for express business: 11.72%, up 0.38 percentage points.

• Basic EPS: ¥1.2578, up 7.97% year-over-year.

Outlook and guidance

• Industry parcel volume expected to grow 8% in 2026, driven by e-commerce and rural market expansion.

• Focus on high-quality growth, digital transformation, and international expansion.

• Plans to increase cash dividend frequency and maintain stable payout.