The Performance Analysis Of YTO Express Merges On Time Group

When an enterprise developed to a certain stage often faces the pressure of industry integration and upgrading,coupled with the support of national policies for M&A recently,more and more enterprises choose mergers and acquisitions to quickly realize their own development needs.In recent years,M&A transactions continue to be active,more and more Chinese enterprises choose M&A to optimize asset allocation,expand enterprise scale,achieve strategic transformation,in order to improve the economic benefits of enterprises.With the development of domestic e-commerce,Chinese express industry has rapidly developed,but Chinese express industry market mainly concentrates on the domestic.With the development of cross-border e-commerce,cross-border express delivery business has become a new business growth point for express enterprises.Therefore,YTO Express merges On Time Group to meet the strategic needs of its own cross-border express business development.In this thesis,YTO Express merges On Time Group case as the research object.First,it's the case introduction section.Based on the background of express industry,this thesis analyzed the transaction situation,transaction scheme and transaction process of this case.Second,it is the case analysis section.By calculating the short-term performance and long-term performance of this M&A event.Finally,it is the case revelation part.Based on the case analysis,the enlightenment of this M&A event is obtained for other enterprises to learn from.