Full Truck Alliance/$YMM

1D1W1MYTD1Y5YMAX

About Full Truck Alliance

Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.
Ticker
$YMM
Sector
Mobility
Primary listing
NYSE
Employees
-
Headquarters
Guiyang, China

YMM Metrics

BasicAdvanced
$8.4B
13.55
$0.60
0.24
$0.23
3.94%

What the Analysts think about YMM

Analyst ratings (Buy, Hold, Sell) for Full Truck Alliance stock.
Analyst projections of the future price of Full Truck Alliance stock.

Bulls say / Bears say

Platform activity is growing faster than reported revenue: fulfilled orders rose 12.7% year on year to 68.5 million, shipper monthly active users rose 12.8% to 3.57 million, and the fulfilment rate reached a record 47%. This suggests better matching efficiency and stronger network effects. (Full Truck Alliance, The Motley Fool)
Monetisation and cash generation are improving. Transaction-service revenue grew 33.1% in the second quarter, operating cash flow reached RMB2.15 billion, and the company ended the quarter with RMB33.4 billion in cash while planning about US$400 million of shareholder returns for 2026. (Full Truck Alliance, The Motley Fool)
New initiatives could widen the growth runway beyond China’s core freight-matching business. Management said Qmove was expanding overseas, less-than-truckload services had reached nationwide coverage through partners, and autonomous delivery pilots had spread to multiple cities. (Full Truck Alliance, MarketBeat)
Near-term growth is slowing sharply. Third-quarter revenue guidance of RMB3.32 billion to RMB3.42 billion is broadly flat against the prior-year RMB3.36 billion, leaving the company reliant on continued transaction-service growth to offset weaker brokerage and value-added services. (Full Truck Alliance, TradingKey)
Credit risk is worsening even as the lending business becomes more asset-light. The outstanding loan balance fell to RMB4.3 billion, but the non-performing loan ratio rose to 3.8%, which could create losses or require greater provisions if borrower conditions deteriorate. (StockTitan, EveryTicker)
The brokerage model is undergoing a compliance-driven transition, from self-operated activity towards an aggregator structure. This should reduce VAT-refund, settlement and operating risks, but the change adds execution risk and exposes how much revenue quality depends on managing regulatory requirements without losing shipper demand. (The Motley Fool, TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.

YMM Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

YMM Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing YMM

AllEURUSDGBP
Funds
Fund name
Fund size
$YMM weighting
iShares Dow Jones China Offshore 50€EXXU
€42M0.47%
iShares MSCI China€ICGA
€2.3B0.24%
SPDR MSCI EM Asia$EMAD
$1.7B0.06%
SPDR MSCI EM Asia€SPYA
€1.4B0.06%
iShares MSCI EM Asia€CEBL
€7.6B0.06%
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