YTO Express Group Co (SHSE:600233) Current Deferred Taxes Liabilities : ¥0 Mil (As of Mar. 2024)

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What is YTO Express Group Co Current Deferred Taxes Liabilities?

Current Deferred Taxes Liabilities represent future tax liabilities, resulting from temporary differences between book (accounting) value of assets and liabilities and their tax value, or timing differences between the recognition of gains and losses in financial statements and their recognition in a tax computation. Deferred tax liabilities generally arise where tax relief is provided in advance of an accounting expense, or income is accrued but not taxed until received.

YTO Express Group Co's current deferred tax liabilities for the quarter that ended in Mar. 2024 was ¥0 Mil.

YTO Express Group Co Current Deferred Taxes Liabilities Historical Data

The historical data trend for YTO Express Group Co's Current Deferred Taxes Liabilities 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.

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YTO Express Group Co Current Deferred Taxes Liabilities Chart

YTO Express Group Co Annual Data

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Current Deferred Taxes Liabilities

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YTO Express Group Co Quarterly Data
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YTO Express Group Co Current Deferred Taxes Liabilities Related Terms

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YTO Express Group Co (SHSE:600233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » YTO Express Group Co Ltd (SHSE:600233) » Definitions » Current Deferred Taxes Liabilities

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Traded in Other Exchanges

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Address

Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705

Website

http://www.yto.net.cn

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 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, 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 20.65% interest as of Dec. 2, 2023.

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