Full Truck Alliance Co. Ltd.
YMM · Services-Prepackaged Software · EDGAR filings ↗
Grade
B70Chinese digital-freight platform — profitable and extremely cash-rich.
Strengths
- Profitable, extremely cash-rich — ROA 10% (87th), current ratio 56.5 (99.6th)
Risks
- China/VIE-structure and regulatory risk — per 10-K
- Take-rate/competition risk — per 10-K
- Macro-freight-cycle exposure — per 10-K
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $2.4B cash & investments
- Notable holderHeld by 5 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC +2 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Key metrics
Return on assets
10.1%
Net-income growth
48.9%
Current ratio
8.1×
EBITDA
$607M
Cash & investments
$2.4B
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-14 | 2025-12-31 | 0001193125-26-153778 ↗ |
| 20-F | 2025-04-14 | 2024-12-31 | 0001193125-25-079553 ↗ |
| 20-F | 2024-04-15 | 2023-12-31 | 0001193125-24-095461 ↗ |
| 20-F | 2023-04-19 | 2022-12-31 | 0001193125-23-106426 ↗ |
| 20-F | 2022-04-25 | 2021-12-31 | 0001193125-22-117547 ↗ |