YTO Express Group Co (SHSE:600233) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


SHSE:600233 YTO Express Group Co Ltd SHSE:600233
97 GF Score
Price ¥17.12
GF Value ¥19.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is YTO Express Group Co Scaled Net Operating Assets?

YTO Express Group Co SHSE:600233 -1.67% 97 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates SHSE:600233 with a GF Score™ of 97/100 and a GF Value™ of ¥19.08 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

YTO Express Group Co's operating assets for the quarter that ended in Mar. 2026 was ¥45,143 Mil. YTO Express Group Co's operating liabilities for the quarter that ended in Mar. 2026 was ¥9,975 Mil. YTO Express Group Co's Total Assets for the quarter that ended in Dec. 2025 was ¥54,178 Mil. Therefore, YTO Express Group Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


YTO Express Group Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for YTO Express Group Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

YTO Express Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.59 0.60 0.66 0.71

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
Scaled Net Operating Assets 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 0.64 0.68 0.69 0.66 0.65

SHSE:600233 vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, YTO Express Group Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, YTO Express Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where YTO Express Group Co's Scaled Net Operating Assets falls into.


SHSE:600233
97GF Score
YTO Express Group Co Ltd SHSE:600233
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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YTO Express Group Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

YTO Express Group Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(45348.654-11132.354)/48294.064
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54177.86 - 8829.206
=45348.654

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18885.011 - 2642.061 - 5110.596
=11132.354

YTO Express Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(45142.621-9974.564)/54177.86
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54500.822 - 9358.201
=45142.621

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17857.67 - 2610.664 - 5272.442
=9974.564

* 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.

What does a Scaled Net Operating Assets of 0.65 mean?
YTO Express Group Co (SHSE:600233) has a Scaled Net Operating Assets of 0.65 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on YTO Express Group Co and its competitors.
Is YTO Express Group Co's Scaled Net Operating Assets too high?
YTO Express Group Co's current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets compare to UPS and FDX?
YTO Express Group Co's Scaled Net Operating Assets of 0.65 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on YTO Express Group Co and its competitors. YTO Express Group Co's current Scaled Net Operating Assets is 0.65. 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 ¥19.08, compared to a current price of ¥17.12 — trading 10.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For YTO Express Group Co (SHSE:600233), the current Scaled Net Operating Assets is 0.65 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 ¥17.12 is trading 10.3% below its estimated GF Value™ of ¥19.08. GuruFocus considers YTO Express Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600233:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: ¥19.08 vs. price of ¥17.12 (10.3% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥17.12
Price
¥19.08
GF Value