Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Lalatech IPO | Review of H124 Financials & Operating Stats | Strike While the Iron Is Hot-Ish?

Lalatech IPO: Using YMM:US as Main Comp, Equity Valuation of US$11-12 Bn (Or More) Justifiable

Lalatech IPO | Review of FY24 Financials & OpStats | Mostly Solid Numbers | Plus a Few Questions

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Capital Markets

Lalatech Holdings Co Ltd / Equity Capital Markets

<ul>
<li>Chinese intra-city freight platform Lalatech has once again filed to list its shares in HK</li>
<li>Revenue growth accelerated in FY25, and both OPM% and Operating Cash Flow improved</li>
<li>If it comes to market, Full Truck Alliance and SF Intra are obvious (but imperfect) comps</li>
</ul>


Chinese intra-city freight platform Lalatech has once again filed to list its shares in HK
Revenue growth accelerated in FY25, and both OPM% and Operating Cash Flow improved
If it comes to market, Full Truck Alliance and SF Intra are obvious (but imperfect) comps


Hangzhou SF Intra-city Industrial (9699 HK)

Lalatech Files to List Shares in HK (Again) | See Financial and Operating Performance Through 2025