What do you think about YTO Express?

<>Recently, YTO has been caught up in rumors of bankruptcy, and many outlets have been slow to deliver. Today, YTO Express issued an announcement on this matter, saying that the company's current operation is normal, and the return of employees to work is in good condition

The express collection and delivery service of the outlets is stable, and the temporary detention of express mail caused by the seasonal labor shortage and centralized delivery after the Spring Festival has no substantial impact on the company's production and operation.

Recently, YTO Express Co., Ltd. (hereinafter referred to as "YTO Express" or "the Company") has noticed that there are ** reports on the difficulties encountered by some express delivery industry franchise outlets in the process of centralized delivery due to seasonal labor tension after the Spring Festival, and some of the company's outlets are also among them. Among them, there are exaggerated and inaccurate reports on the detention of express mail in individual outlets of the company.

2. Clarification statement.

1) For individual express detention outlets, the company has actively dispatched internal resources and external forces to complete the delivery of stranded express mail, the company's current operation is normal, and the return of employees to work is in good condition

The express collection and delivery service of the outlets is stable. Due to the seasonal labor shortage after the Spring Festival and the temporary detention of express mail caused by centralized delivery, there is no substantial impact on the company's production and operation.

2) The company's overall network operation is stable, the number of franchised companies has not changed significantly, and the company's daily operation is normal.

3) The company has always attached importance to the harmonious and symbiotic development of the whole network, and has always put the interests of the franchised company and the employees of the whole network in an important position.

A few days ago, YTO Express officially launched the "New Insured Service", allowing users to have another protection when mailing valuables.

According to reports, the insured service refers to the customer's declaration of value to YTO and payment of the corresponding fee when sending the express mail, and the declared value of a single piece of goods does not exceed 30,000 yuan. When the express mail is lost during transportation, it is a value-added service that will be compensated according to the approved loss.

In the event of loss of the shipment during transit, compensation will be made according to the consumer's premium. At present, the premium of the "New Insurance Service" is divided into four levels, with the lowest premium being 1 yuan, which can enjoy the insured price within 1000 yuan, and the premium of 2 yuan can enjoy the insured price of 1000-2000 yuan. When the value of the express item is 2,000-10,000 yuan, the premium needs to be paid according to 3% of the insured price, and when the value is 10,000-30,000 yuan, the premium must be paid according to 5% of the insured price.

It is worth noting that YTO said that the maximum declared value of a single express mail does not exceed 30,000 yuan.

Users with this need can place an order or mail the express at the outlets when handling the service, in addition to the service after the express will also have a unique service identification sticker, will also provide the full tracking of the insured express.

In addition, other express delivery also has insurance services, it is reported that the official website of Zhongtong said that the insurance fee will be charged at 3% of the insured amount. The maximum amount of coverage is RMB 10,000. The official websites of Huitong and Yunda are not clearly marked, and according to consumers, it should also be 3% of the insured amount to calculate the insurance fee.

SF Express reinsurance service is also divided into tiers, 500 yuan and below will charge a service fee of 1 yuan, 501-1000 yuan will be charged 2 yuan service fee, and more than 1000 yuan will be charged according to the standard service rate, that is, premium = declared value * standard service rate (5), rounded to the nearest integer.

Director Xue Hongmin went to YTO Express and other on-site supervision of the security work of the 19th National Congress of the Communist Party of China.

On the morning of September 25, Director Xue Hongmin, accompanied by Zhang Fanglei, a member of the Party Committee, led the main responsible comrades of the office, the public security brigade and the national security brigade to supervise the security work of the 19th National Congress of the Communist Party of China at YTO Express outlets, bus stations and urban police stations.

In the Yuantong Express outlets on Wenhua Road, Director Xue Hongmin asked the person in charge of the express delivery process in detail, checked the registration ledger and records, and required the mail and logistics industry to strictly implement real-name registration, package inspection, and X-ray machine security inspection "three 100%", it is strictly forbidden to mail unknown liquids, drugs, ** items, gun parts and other contraband, and the contraband found should be reported to the public security organs as soon as possible to prevent the loss of mail.

At the bus station, Director Xue Hongmin saw the security inspection machine at the entrance of the station, asked the stationmaster in detail about the security check of the items carried by passengers, understood the real-name system for ticket purchases, and asked the bus station to strictly implement the security check of items, strictly prohibit contraband from entering the station and getting on the train, and strictly prohibit boarding outside the station. The police on duty are instructed to strengthen supervision and guidance, supervise and urge bus stations to implement security inspection measures, supervise the rectification of hidden dangers in place, and accelerate the promotion of the real-name ticketing system and the backstage link of the public security organs, so as to ensure that there is no interference from Qingfeng during the 19th National Congress of the Communist Party of China.

At the urban police station, Director Xue Hongmin listened to the director Liu Xinghe's report on the implementation of the security measures of the 19th National Congress of the Communist Party of China and the handling of petition cases, and it is necessary to do a good job in the resolution of petition cases, do a good job in the stable control of key people in letters and visits and key interest groups, further standardize the work of receiving and handling police, speed up the investigation and resolution of contradictions and disputes, and resolve contradictions at the grassroots level and in the bud to the greatest extent, so as to ensure the realization of the goal of "three non-occurrences and five strict preventions".

YTO Express and YTO Express are the same, but the common name of daily life is different.

YTO Express and YTO Express both refer to the same company, YTO Express is the abbreviation of the company, and in daily life, we have been accustomed to being called express, which can also be understood as "express" is the main business of YTO Express.

YTO Express was founded on May 28, 2000, after 17 years of development, has become a collection of express, aviation, e-commerce and other businesses as one of the large-scale enterprise group, the formation of a group, network, scale, brand management of the new pattern, to provide customers with one-stop service. At the end of 2010, Shanghai YTO Jiaolong Investment Development (Group) was established, marking a more solid step towards YTO collectivization. The company is at the forefront of the industry in terms of network coverage, operation capacity, total business, public satisfaction and service quality, informatization level, standardization, etc., and its brand value and comprehensive strength rank among the top three in China's express delivery industry.

On July 28, 2016, YTO successfully became the first express delivery company in China to land on the A-share market.

It's better.

On December 12, 2019, the "2019 Hurun Brand List" was released, with a brand value of 7 billion yuan.

Ranked 141st; Ranked 75th in "2019 Hurun Most Valuable Private Brand". January 9, 2020, Hurun Research Institute.

Released the "2019 Hurun China's Top 500 Private Enterprises", YTO Express ranked 201st with a market value of 35 billion yuan.

It won the "Best Express Logistics Popularity Award" at the first E-commerce Express Logistics Conference, the Bronze Award of the 6th China Freight Industry Awards - Best Express Company Domestic Express Business, and the "Express Service Standard Knowledge Contest Organization Award" in Shanghai.

YTO Express is still very good.

Shanghai YTO Express (Logistics) **** was established on May 28, 2000, is a large private express brand enterprise in China, committed to becoming a "leading industry development company", with "creating a national brand" as its own responsibility, to achieve "YTO Express - Chinese Express" as the goal.

Always adhering to the service tenet of "customer requirements, YTO mission" and the business philosophy of "honest service, pioneering and innovative". The company has 10 management areas, 58 transit centers, more than 5,100 distribution outlets, more than 50,000 employees, and its service scope covers more than 1,200 cities in China. Based on domestic and international, the company is committed to developing and developing the international and domestic express delivery and logistics markets.

YTO Express's ** is Jiangsu, Zhejiang and Shanghai 8 yuan without weight limit, Anhui, Guangdong, Fujian, Shandong, Jiangxi, Beijing, Tianjin, Henan, Hebei, Hunan, Hubei, Hainan, Yunnan, Sichuan, Chongqing, Guizhou, Ningxia, Jilin, Gansu, Qinghai, Heilongjiang, Shanxi, Guangxi first weight 15 yuan plus 12 yuan, Inner Mongolia first weight 20 yuan plus 18 yuan, Xinjiang first weight 28 yuan plus 22 yuan.

YTO Express is average, the transportation speed is slow, and the quality of individual couriers needs to be improved.

From January to June 2016 to 2018, the operating income of YTO Express was 100 million yuan, 100 million yuan, and 100 million yuan respectively, with a year-on-year growth rate of .95%；The net profit was 100 million, 100 million, 100 million, and the year-on-year growth rate was .96%。

Operating cash flow was 100 million, 100 million, 100 million, with a year-on-year growth rate of .81%。

Looking at the basic data alone, most investors must have two eyes shining, because the growth rate of net profit and operating income is stable and improving, not to mention the year-on-year growth rate of operating cash flow in the first half of 2018.

According to the basic habit of looking at financial reports, YTO Express is undoubtedly one of the best listed companies, because it is very good in terms of revenue, net profit and cash flow, and it seems to be the best choice.

But is that really the case? If so, why would JPMorgan still change it from "hold" to "**"? For such a question, we must first talk about the express delivery industry.

The upstream of the express delivery industry is the specific executor of various express transportation equipment, packaging and express delivery services, which is the so-called express delivery buddy; His downstream are companies, institutions and individuals, that is, the so-called couriers.

Although domestic express delivery is basically the world of Sitong Yida and SF Express (SZ: 002352), the right to speak in Sitong Yida cannot be compared with SF Express. Even so, in fact, YTO's gross profit margin for transporting a single piece in four links and one delivery is still the lowest.

YTO Express is not very good, but its reputation is not very good, and it can even be said that it is not very popular with everyone, the main reason is that its logistics speed is slow, and the damage rate of express mail is high, and there are some express brothers' quality bottom, and it is often exposed to rough handling of express mail on the short **. This is also the least popular place.

Previously, on an online platform, I sorted out an article about the most popular ranking of domestic express brands, and learned from the ranking that SF Express is a well-deserved first place, because SF's air freight timeliness is the fastest, and the most guaranteed, will not damage the items, whether it is the same city express or sending valuable items, people are more willing to choose SF.

SF's courier attitude is also recognized as the best among other friends. The second place is JD.com, JD.com's express delivery speed is relatively fast, but the goods sent are also their own self-operated goods, and there are fewer third-party stores, so there are not many evaluations.

The second and third from the bottom are Yunda and Shentong respectively, although these couriers have contracted the top three in the least popular ranking, but I have to admit that the delivery volume of these major couriers is the most.

The timeliness of YTO Express is still good, the speed of YTO Express can not be said to be the fastest and best, although it is not as good as SF, but the advantage of other express delivery in the same industry is still obvious. If you are in the province, it is generally 1-2 days to deliver, and if you are outside the province, it is 3-4 days, and it is a bit expensive compared with others, but it is still acceptable compared to its speed.

Not good, YTO Express ** is relatively cheap, and the popularity is relatively high, but the customer service is too poor, the speed is uneven, and it is slow to fly across the earth.

In the past, the three links were sent, and the YTO has fallen behind. The customer service handling problem is all nonsense and has a bad attitude. If you lose it, you will sign it quietly. If you buy something and send it to YTO, you must pay attention to it, the YTO courier will help you sign for it.

You didn't even receive it, this piece has been signed. Complain to the Postal Administration, haha, you think that the customer service of YTO Express is vegetarian, and you are not afraid of complaints, and will come up with evidence to say that this piece is delivered normally. The UNPA can't do anything about it.

The post office staff will tell you that you go to the police or file a lawsuit.

If you're lucky, maybe only one or two out of ten things will go wrong. If you're unlucky, there's something wrong with everything! The reason why YTO Express is poor, because the internal management is chaotic, you look for customer service, they prevaricate internally, do not take the interests of customers to heart, do not care about your life or death, you are good with them, his customer service is in a situation but asks you, do not complain and can not solve the problem completely.

YTO Express is a very good courier company, the service is very thoughtful, the freight speed is also very fast, it is currently one of the giants of the express delivery industry, it was founded in 2005, and soon became the head of China's freight, China's 1 5 goods are transported through YTO.

YTO Express is a very good express company, which was founded on May 28, 2000, after 17 years of development, has become a collection of express, aviation, e-commerce and other businesses as one of the large enterprise groups, the formation of a group, network, scale, brand management of the new pattern, to provide customers with one-stop service.