Reported Earnings • Aug 20
Second quarter 2026 earnings released: EPS: CN¥1.28 (vs CN¥1.20 in 2Q 2025) Second quarter 2026 results: EPS: CN¥1.28 (up from CN¥1.20 in 2Q 2025). Revenue: CN¥3.38b (up 4.4% from 2Q 2025). Net income: CN¥1.33b (up 6.9% from 2Q 2025). Profit margin: 39% (in line with 2Q 2025). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Aug 20
Full Truck Alliance Co. Ltd. announces Quarterly dividend, payable on October 28, 2026 Full Truck Alliance Co. Ltd. announced Quarterly dividend of USD 0.0840 per share payable on October 28, 2026, ex-date on October 14, 2026 and record date on October 14, 2026. Announcement • Aug 05
Full Truck Alliance Co. Ltd. to Report Q2, 2026 Results on Aug 19, 2026 Full Truck Alliance Co. Ltd. announced that they will report Q2, 2026 results Pre-Market on Aug 19, 2026 Announcement • May 23
Full Truck Alliance Co. Ltd. Provides Earnings Guidance for the Second Quarter of 2026 Full Truck Alliance Co. Ltd. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects its total net revenues to be between RMB 3.07 billion and RMB 3.17 billion compared with RMB 3.24 billion in the same period of 2025. Excluding freight brokerage service, net revenues are expected to range from RMB 2.21 billion to RMB 2.30 billion, representing an estimated year-over-year growth rate of 7.1% to 11.7%. Reported Earnings • May 22
First quarter 2026 earnings released: EPS: CN¥0.95 (vs CN¥1.22 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.95 (down from CN¥1.22 in 1Q 2025). Revenue: CN¥2.85b (up 5.5% from 1Q 2025). Net income: CN¥990.9m (down 22% from 1Q 2025). Profit margin: 35% (down from 47% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Full Truck Alliance Co. Ltd. announces Semi-Annual dividend, payable on July 21, 2026 Full Truck Alliance Co. Ltd. announced Semi-Annual dividend of USD 0.0840 per share payable on July 21, 2026, ex-date on July 07, 2026 and record date on July 07, 2026. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Jennifer Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 30
Full Truck Alliance Co. Ltd. to Report Q1, 2026 Results on May 21, 2026 Full Truck Alliance Co. Ltd. announced that they will report Q1, 2026 results Pre-Market on May 21, 2026 Announcement • Mar 14
Full Truck Alliance Co. Ltd. announces Semi-Annual dividend, payable on April 22, 2026 Full Truck Alliance Co. Ltd. announced Semi-Annual dividend of USD 0.0840 per share payable on April 22, 2026, ex-date on April 08, 2026 and record date on April 08, 2026. Announcement • Mar 12
Full Truck Alliance Co. Ltd. Approves Cash Dividend for the First Quarter of 2026, Payable on April 22, 2026 Full Truck Alliance Co. Ltd. approved a cash dividend for the first quarter of 2026 in the amount of USD 0.0042 per ordinary share, or USD 0.0840 per ADS, totaling approximately USD 87.5 million. The dividend will be paid on or around April 22, 2026, to holders of record of the Company's ordinary shares at the close of business on April 8, 2026. For holders of the Company's ADSs, cash dividends are expected to be paid through the depositary, Deutsche Bank Trust Company Americas, on or around April 22, 2026, subject to the terms of the deposit agreement, including the fees and expenses payable thereunder. Announcement • Feb 27
Full Truck Alliance Co. Ltd. to Report Q4, 2025 Results on Mar 12, 2026 Full Truck Alliance Co. Ltd. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 12, 2026 Announcement • Nov 18
Full Truck Alliance Co. Ltd. (NYSE:YMM) acquired an unknown majority stake in Giga.AI Technology Limited. Full Truck Alliance Co. Ltd. (NYSE:YMM) acquired an unknown majority stake in Giga.AI Technology Limited on July 9, 2025.
Full Truck Alliance Co. Ltd. (NYSE:YMM) completed the acquisition of an unknown majority stake in Giga.AI Technology Limited on July 9, 2025. Announcement • Nov 17
Full Truck Alliance Co. Ltd. Provides Earnings Guidance for the Fourth Quarter of 2025 Full Truck Alliance Co. Ltd. provides earnings guidance for the fourth quarter of 2025. For the quarter, The Company expects its total net revenues to be between RMB 3.08 billion and RMB 3.18 billion, compared with RMB 3.17 billion in the same period of 2024. Excluding freight brokerage service, net revenues are expected to range from RMB 2.18 billion to RMB 2.28 billion, representing an estimated year-over-year growth rate of 17.1% to 22.5%. Announcement • Oct 22
Full Truck Alliance Co. Ltd. to Report Q3, 2025 Results on Nov 17, 2025 Full Truck Alliance Co. Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 17, 2025 Announcement • Aug 07
Full Truck Alliance Co. Ltd. to Report Q2, 2025 Results on Aug 21, 2025 Full Truck Alliance Co. Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 21, 2025 Announcement • May 21
Full Truck Alliance Co. Ltd. Provides Earnings Guidance for the Second Quarter of 2025 Full Truck Alliance Co. Ltd. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects its total net revenues to be between RMB 3.06 billion and RMB 3.12 billion for the second quarter of 2025, representing a year-over-year growth rate of approximately 10.6% to 12.9%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof. Announcement • May 06
Full Truck Alliance Co. Ltd. to Report Q1, 2025 Results on May 21, 2025 Full Truck Alliance Co. Ltd. announced that they will report Q1, 2025 results Pre-Market on May 21, 2025 Announcement • Feb 14
Full Truck Alliance Co. Ltd. to Report Q4, 2024 Results on Mar 05, 2025 Full Truck Alliance Co. Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 05, 2025 Announcement • Oct 31
Full Truck Alliance Co. Ltd. to Report Q3, 2024 Results on Nov 20, 2024 Full Truck Alliance Co. Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 20, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €8.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Transportation industry in Europe. Total returns to shareholders of 27% over the past year. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.79 (vs CN¥0.57 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.79 (up from CN¥0.57 in 2Q 2023). Revenue: CN¥2.76b (up 34% from 2Q 2023). Net income: CN¥823.1m (up 36% from 2Q 2023). Profit margin: 30% (in line with 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Transportation industry in Europe. Announcement • Aug 21
Full Truck Alliance Co. Ltd. Provides Revenue Guidance for the Third Quarter of 2024 Full Truck Alliance Co. Ltd. announced that the Company expects its total net revenues to be between RMB 2.76 billion and RMB 2.82 billion for the third quarter of 2024, representing a year-over-year growth rate of approximately 21.9% to 24.6%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €6.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Transportation industry in Europe. Total loss to shareholders of 6.0% over the past year. Announcement • Aug 01
Full Truck Alliance Co. Ltd. to Report Q2, 2024 Results on Aug 21, 2024 Full Truck Alliance Co. Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 21, 2024 Reported Earnings • May 22
First quarter 2024 earnings released First quarter 2024 results: Revenue: CN¥2.27b (up 33% from 1Q 2023). Net income: CN¥581.2m (up 42% from 1Q 2023). Profit margin: 26% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Transportation industry in Europe. Announcement • Apr 28
Full Truck Alliance Co. Ltd. to Report Q1, 2024 Results on May 21, 2024 Full Truck Alliance Co. Ltd. announced that they will report Q1, 2024 results Pre-Market on May 21, 2024 Board Change • Apr 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jennifer Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: CN¥2.10 (vs CN¥0.38 in FY 2022) Full year 2023 results: EPS: CN¥2.10 (up from CN¥0.38 in FY 2022). Revenue: CN¥8.44b (up 25% from FY 2022). Net income: CN¥2.21b (up 444% from FY 2022). Profit margin: 26% (up from 6.0% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Transportation industry in Europe. New Risk • Mar 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €6.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Transportation industry in Europe. Announcement • Mar 13
Full Truck Alliance Co. Ltd. Declares Annual Cash Dividend for the Year Ended December 31, 2023, Payable on or Around April 19, 2024 On March 13, 2024, the Board of Full Truck Alliance Co. Ltd. declared an annual cash dividend for the year ended December 31, 2023, of USD 0.0072 per ordinary share, or USD 0.1444 per ADS, payable on or around April 19, 2024, to holders of record of the Company's ordinary shares at the close of business on April 5, 2024. The aggregate amount of the dividend is expected to be approximately USD 150 million. Cash dividends are expected to be paid to holders of the Company's ADSs through the depositary, Deutsche Bank Trust Company Americas, on or around April 19, 2024, subject to the terms of the deposit agreement, including the fees and expenses payable thereunder. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: CN¥2.10 (vs CN¥0.38 in FY 2022) Full year 2023 results: EPS: CN¥2.10 (up from CN¥0.38 in FY 2022). Revenue: CN¥8.44b (up 25% from FY 2022). Net income: CN¥2.21b (up 444% from FY 2022). Profit margin: 26% (up from 6.0% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Transportation industry in Europe. Announcement • Mar 07
Full Truck Alliance Co. Ltd. Provides Revenue Guidance for the First Quarter of 2024 Full Truck Alliance Co. Ltd. provided revenue guidance for the first quarter of 2024. The company expects its total net revenues to be between RMB 2.11 billion and RMB 2.16 billion for the first quarter of 2024, representing a year-over-year growth rate of approximately 23.9% to 27.1%. Announcement • Feb 24
Full Truck Alliance Co. Ltd. to Report Q4, 2023 Results on Mar 07, 2024 Full Truck Alliance Co. Ltd. announced that they will report Q4, 2023 results Pre-Market on Mar 07, 2024 Announcement • Nov 22
Full Truck Alliance Co. Ltd. Provides Revenue Guidance for the Fourth Quarter of 2023 Full Truck Alliance Co. Ltd. provided revenue guidance for the Fourth quarter of 2023. For the period, the company expects its total net revenues to be between RMB2.27 billion and RMB2.32 billion for the fourth quarter of 2023, representing a year-over-year growth rate of approximately 18.2% to 20.6%. These forecasts reflect the Company’s current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof. Reported Earnings • Nov 22
Third quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.37 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.37 in 3Q 2022). Revenue: CN¥2.26b (up 25% from 3Q 2022). Net income: CN¥614.4m (up 56% from 3Q 2022). Profit margin: 27% (up from 22% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Transportation industry in Europe. Announcement • Nov 07
Full Truck Alliance Co. Ltd. to Report Q3, 2023 Results on Nov 20, 2023 Full Truck Alliance Co. Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 20, 2023 Board Change • Oct 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jennifer Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Aug 24
Full Truck Alliance Co. Ltd. Provides Revenue Guidance for the Third Quarter of 2023 Full Truck Alliance Co. Ltd. provided revenue guidance for the third quarter of 2023. For the period, the company expects total net revenues to be between RMB 2.16 billion and RMB 2.20 billion, representing a year-over-year growth rate of approximately 19.2% to 21.6%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.57 (vs CN¥0.011 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.57 (up from CN¥0.011 in 2Q 2022). Revenue: CN¥2.06b (up 24% from 2Q 2022). Net income: CN¥605.5m (up CN¥594.1m from 2Q 2022). Profit margin: 29% (up from 0.7% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe. Announcement • Aug 03
Full Truck Alliance Co. Ltd. to Report Q2, 2023 Results on Aug 23, 2023 Full Truck Alliance Co. Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 23, 2023 New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 22
First quarter 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.18 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.38 (up from CN¥0.18 loss in 1Q 2022). Revenue: CN¥1.70b (up 28% from 1Q 2022). Net income: CN¥408.9m (up CN¥600.9m from 1Q 2022). Profit margin: 24% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe. Announcement • May 06
Full Truck Alliance Co. Ltd. to Report Q1, 2023 Results on May 22, 2023 Full Truck Alliance Co. Ltd. announced that they will report Q1, 2023 results Pre-Market on May 22, 2023 Board Change • Apr 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jennifer Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jennifer Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
