YTO Express Group Co (SHSE:600233) Gross Margin %: 11.18% (As of Mar. 2026) — Near Median


SHSE:600233 YTO Express Group Co Ltd SHSE:600233
97 GF Score
Price ¥17.20
GF Value ¥19.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is YTO Express Group Co Gross Margin %?

YTO Express Group Co SHSE:600233 -4.07% 97 Gross Margin % is 11.18% as of Mar. 2026, which is 4% above its 10-year median of 10.73. GuruFocus rates SHSE:600233 with a GF Score™ of 97/100 and a GF Value™ of ¥19.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 978 Transportation companies, YTO Express Group Co ranks worse than 78.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. YTO Express Group Co's Gross Profit for the three months ended in Mar. 2026 was ¥2,097 Mil. YTO Express Group Co's Revenue for the three months ended in Mar. 2026 was ¥18,769 Mil. Therefore, YTO Express Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was 11.18%.


The historical rank and industry rank for YTO Express Group Co's Gross Margin % or its related term are showing as below:

SHSE:600233' s Gross Margin % Range Over the Past 10 Years
Min: 8.23   Med: 10.73   Max: 13.56
Current: 10.14


During the past 13 years, the highest Gross Margin % of YTO Express Group Co was 13.56%. The lowest was 8.23%. And the median was 10.73%.

SHSE:600233's Gross Margin % is ranked worse than
78.22% of 978 companies
in the Transportation industry
Industry Median: 20.5 vs SHSE:600233: 10.14

YTO Express Group Co had a gross margin of 11.18% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for YTO Express Group Co was 1.60% per year.


YTO Express Group Co  (SHSE:600233) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

YTO Express Group Co had a gross margin of 11.18% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


YTO Express Group Co Gross Margin % Related Terms


YTO Express Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for YTO Express Group Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

YTO Express Group Co Gross Margin % Chart

YTO Express Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.23 11.30 10.16 9.44 9.52

YTO Express Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.53 8.67 9.40 11.17 11.18

SHSE:600233 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, YTO Express Group Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


YTO Express Group Co Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, YTO Express Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where YTO Express Group Co's Gross Margin % falls into.


SHSE:600233
97GF Score
YTO Express Group Co Ltd SHSE:600233
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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YTO Express Group Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

YTO Express Group Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=7162.9 / 75276.847
=(Revenue - Cost of Goods Sold) / Revenue
=(75276.847 - 68113.962) / 75276.847
=9.52 %

YTO Express Group Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2097.5 / 18768.682
=(Revenue - Cost of Goods Sold) / Revenue
=(18768.682 - 16671.197) / 18768.682
=11.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.18% mean?
YTO Express Group Co (SHSE:600233) has a Gross Margin % of 11.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on YTO Express Group Co and its competitors. This is near median its historical median of 10.73. Over the past decade, YTO Express Group Co's Gross Margin % has ranged from 8.23 to 13.56. According to the industry distribution chart, YTO Express Group Co ranks #765 out of 978 companies in the Transportation industry, placing it in the top 78.2%.
Is YTO Express Group Co's Gross Margin % too high?
YTO Express Group Co's current Gross Margin % of 11.18% is near median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 13.56. The Transportation industry median Gross Margin % is 20.50. YTO Express Group Co's value of 11.18% is 45.5% below this industry median. Based on the distribution chart, YTO Express Group Co ranks #765 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, YTO Express Group Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YTO Express Group Co's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, YTO Express Group Co ranks #765 out of 978 companies for Gross Margin %. This places YTO Express Group Co in the lower half of its industry. The industry median Gross Margin % is 20.50. YTO Express Group Co's value of 11.18% is 45.5% below this benchmark. Historically, YTO Express Group Co's own Gross Margin % has ranged from 8.23 to 13.56 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 20.50, YTO Express Group Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.50, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. YTO Express Group Co's current Gross Margin % of 11.18% is 45.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on YTO Express Group Co and its competitors. For the Transportation industry, the median Gross Margin % is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YTO Express Group Co's current Gross Margin % is 11.18%, which is near median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YTO Express Group Co stock overvalued right now?
Based on GuruFocus' analysis, YTO Express Group Co (SHSE:600233) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.06, compared to a current price of ¥17.20 — trading 9.8% below its estimated fair value. The current Gross Margin % is 11.18%, which is near median its 10-year median of 10.73 and 45.5% below the Transportation industry median of 20.50. YTO Express Group Co's overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For YTO Express Group Co (SHSE:600233), the current Gross Margin % is 11.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is YTO Express Group Co (SHSE:600233) Overvalued in 2026?

Based on GuruFocus' analysis, YTO Express Group Co stock appears to be undervalued. The current stock price of ¥17.20 is trading 9.8% below its estimated GF Value™ of ¥19.06. GuruFocus considers YTO Express Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600233:

  • Gross Margin %: 11.18% (near median its 10-year median of 10.73)
  • GF Value™: ¥19.06 vs. price of ¥17.20 (9.8% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 45.5% below the Transportation median (#765 of 978)

No single metric tells the full story. See the SHSE:600233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YTO Express Group Co Business Description

Address No. 28, Xinxie Road, Huaxin Town, Qingpu District, Shanghai, CHN, 201708
YTO Express is one of the Tongda operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments.The company was founded by Yu Huijiao in 2000. Yu remains chair and president with a 33.4% stake as of Feb. 25, 2026. Yu and Zhang Xiaojuan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 16.8% interest as of Feb. 25, 2026.
97GF Score

Get the complete analysis for SHSE:600233

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥17.20
Price
¥19.06
GF Value