Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

FULL TRUCK ALLIANCE CO. LTD.

(YMM)
  Report
Delayed Nyse  -  04:00 2022-12-05 pm EST
8.500 USD   -8.21%
12/01Jefferies Initiates Full Truck Alliance With Buy Rating, Sets $11 Price Target
MT
11/23Sector Update: Consumer Discretionary Stocks Receive Push Higher by Dovish FOMC Minutes
MT
11/23Sector Update: Consumer Discretionary Stocks Rising Wednesday Afternoon
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Full Truck Alliance Shares Climb After 3Q Earnings, 4Q Revenue Guidance

11/23/2022 | 01:35pm EST

By Sabela Ojea


Shares of Full Truck Alliance Co. climbed Tuesday after the China-based digital freight platform posted a rise in profit for the third quarter and forecast further revenue growth in the fourth quarter.

At 13:10 ET, the shares were up 13% at $6.95.

The company, which also swung to a profit in the quarter, said its revenue rose 46% to 1.81 billion Chinese Yuan ($253.5 million).

Full Truck Alliance said that it expects to end the last quarter of 2022 with revenue growth of 25% to 32%, to between CNY1.79 billion and CNY1.88 billion.

"We will synchronize the expansion across our existing and incremental business to drive the sustainable growth of our overall business scale and create more value for society while China's logistic industry is shifting to digitalization," founder, Chairman and Chief Executive Peter Hui Zhang said.


Write to Sabela Ojea at sabela.ojea@wsj.com


(END) Dow Jones Newswires

11-23-22 1334ET

Stocks mentioned in the article
ChangeLast1st jan.
FULL TRUCK ALLIANCE CO. LTD. -8.21% 8.5 Delayed Quote.1.55%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.22% 6.9846 Delayed Quote.10.16%
All news about FULL TRUCK ALLIANCE CO. LTD.
12/01Jefferies Initiates Full Truck Alliance With Buy Rating, Sets $11 Price Target
MT
11/23Sector Update: Consumer Discretionary Stocks Receive Push Higher by Dovish..
MT
11/23Sector Update: Consumer Discretionary Stocks Rising Wednesday Afternoon
MT
11/23Full Truck Alliance Shares Climb After 3Q Earnings, 4Q Revenue Guidance
DJ
11/23Full Truck Alliance Posts Q3 Adjusted Profit as Revenue Increases; Provides Q4 Revenue ..
MT
11/23Correction: Fed Minutes Eyed for Signs of Slower Fed Rate Hikes as ETFs, Stoc..
MT
11/23Surge in Weekly Jobless Claims Weakens Impetus for US Equities
MT
11/23Fed Minutes Eyed for Signs of Slower Fed Rate Hikes as ETFs, Stock Futures Inch Higher ..
MT
11/23Fed Minutes, Data Releases Take Wall Street Attention Before Thanksgiving as US Futures..
MT
11/23Transcript : Full Truck Alliance Co. Ltd., Q3 2022 Earnings Call, Nov 23, 202..
CI
More news
Analyst Recommendations on FULL TRUCK ALLIANCE CO. LTD.
More recommendations
Financials
Sales 2022 6 658 M 956 M 956 M
Net income 2022 96,0 M 13,8 M 13,8 M
Net cash 2022 28 791 M 4 136 M 4 136 M
P/E ratio 2022 228x
Yield 2022 -
Capitalization 71 451 M 10 264 M 10 264 M
EV / Sales 2022 6,41x
EV / Sales 2023 4,44x
Nbr of Employees 7 103
Free-Float 82,7%
Chart FULL TRUCK ALLIANCE CO. LTD.
Duration : Period :
Full Truck Alliance Co. Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FULL TRUCK ALLIANCE CO. LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 59,17 CNY
Average target price 86,96 CNY
Spread / Average Target 47,0%
EPS Revisions
Managers and Directors
Hui Zhang Director
Chong Cai Chief Financial Officer
Shan Shan Guo Independent Director
Xin Zhe Li Independent Director
Gui Zhen Ma Director
Sector and Competitors
1st jan.Capi. (M$)
FULL TRUCK ALLIANCE CO. LTD.1.55%10 264
MICROSOFT CORPORATION-25.61%1 901 040
SYNOPSYS INC.-5.52%53 239
DASSAULT SYSTÈMES SE-29.80%50 606
CADENCE DESIGN SYSTEMS, INC.-7.47%47 300
ATLASSIAN CORPORATION-63.02%36 028