Company Overview - Pan Yuan International Holdings Limited (referred to as "Pan Yuan International" or "the company") was established in November 2022, with its operating entity being Pan Yuan International Logistics, founded in 2004 [2] - The company is a well-known cross-border e-commerce logistics service provider and digital logistics solution provider, operating over 30 locations and a network of more than 1,100 suppliers, serving over 220 countries and regions globally [2] - Pan Yuan International offers various flexible and reliable cross-border delivery options, ensuring efficient parcel delivery based on customer-selected express, standard, or economy options, and provides customized supply chain solutions [2] Financial Performance - As of December 31, 2024, Pan Yuan International achieved total operating revenue of 2.983 billion yuan, representing a year-on-year growth of 45.79% [1] - The company's net profit attributable to shareholders was 69.275 million yuan, showing a significant year-on-year increase of 153.3% [1] - The gross profit margin stood at 7.2%, with a debt-to-asset ratio of 58.06% [1] Market Position and Valuation - Currently, there are no institutional investment rating recommendations for Pan Yuan International [1] - The average price-to-earnings (P/E) ratio for the industrial transportation sector (TTM) is 9.84 times, with a median of 7.38 times [1] - Pan Yuan International's P/E ratio is 8.76 times, ranking 28th in the industry, compared to other companies such as China Resources Transportation (0.15 times), Yanhang Port (3.16 times), and COSCO Shipping Holdings (3.69 times) [1]