ZTO ZTO Express
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ZTO Express News
Owning 40% in ZTO Express (Cayman) Inc. (NYSE:ZTO) Means That Insiders Are Heavily Invested in the Company's Future
ZTO EXPRESS-W: 2024 Interim Report
Hong Kong stock concept tracking | In August, China's express delivery index increased by 12.6% year-on-year. Leading express delivery companies are seeking balance between volume, quality, and profitability (including concept stocks).
Express delivery industry Q2 profits steadily increasing, expectations of consistent price hikes in the peak season realized ahead of schedule.
ZTO Express (02057) has been selected as one of the top 50 most valuable Chinese brands by BrandZ for 7 consecutive years.
On September 10th, the "2024 Kantor BrandZ Top 100 Most Valuable Chinese Brands" list was released. In the logistics industry, ZTO Express (02057) ranked 48th on the list, with a brand value of 3.527 billion US dollars, and has been included in the top 50 list for 7 consecutive years.
Logistics stocks generally rise. JD.com logistics (02618) rose 3.68%. In August, China's express delivery development index increased by 12.6% year-on-year.
Golden financial information | Logistics stocks generally rise, Binhai Teda Logistics (08348) rose 3.85%, jd.com Logistics (02618) rose 3.68%, Kerry Logistics (00636) rose 1.85%, ZTO Express (02057) rose 1.25%. The State Post Bureau learned that the express delivery development index of China in August increased by 12.6% year-on-year, and the express delivery market is operating well with improved service quality. In August, driven by the promotion of the "Double Seventh Festival", the market scale grew slightly, and the highest single-day business volume of the express delivery industry exceeded 0.46 billion items. In the second half of the month, with the arrival of the back-to-school season, there is a certain increase in the demand for stationery purchases and luggage delivery.
[Brokerage Focus] Bocom Intl maintains the expectation of continuous decline in express industry unit price, but the downward trend may gradually narrow.
Jingwuchixun | Bocom Intl. said that express delivery volume in July increased by 22% year-on-year, basically holding steady compared to the growth rate during the peak promotion period in May-June. The average price per ticket in the industry continued to decline, with a 12% decrease in July compared to the same period last year, which was relatively stable compared to the 5-6 month peak season for e-commerce, reflecting that price competition in the industry has not intensified marginally. The bank maintains its expectation of a continuous decline in the average price per ticket in the industry, but the decline may gradually narrow. The bank pointed out that in the first half of the year, the profits of most express delivery companies' business increased by 10-15% year-on-year, and the profits of Shentong, Jitu, and JD Logistics improved significantly. The valuation sentiment of the express delivery industry has slightly warmed up. Bullish on the industry under the guidance of healthy development.
China Logistics: The logistics index for China's e-commerce in August was 114.2 points, a 0.1 point increase compared to the previous month.
The China E-commerce Logistics Index for August 2024, jointly released by the China Federation of Logistics and Purchasing and JD.com, was 114.2 points, a slight increase of 0.1 points compared to the previous month.
Is ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Latest Stock Performance A Reflection Of Its Financial Health?
Swhy: Verification of the shipping and ship's business climate, paying attention to the price increase of express delivery.
Q2 ship sector gross margin improvement trend confirmed; express industry half-year report meets expectations, and the State Post Bureau proposes to counter the "internal competition" in the express industry, expected to open the peak season price increase situation.
ZTO Express Files for Employee Share Incentive Plan
Hong Kong stocks are active | zto express-SW(02057) now rises more than 4%. The industry's price competition risk is controllable, and the price increase policy is expected to be implemented as the peak season approaches.
ZTO Express-SW (02057) is now up more than 4%. At the time of publication, it has increased by 3.31% to HKD 177.8, with a turnover of HKD 0.303 billion.
Hong Kong stock concept tracking | China warehousing index returns to the expansion range, improving the logistics business climate level (with concept stocks)
During the summer vacation, there is a strong demand for consumer logistics, which drives the accelerated growth of e-commerce express delivery and logistics business.
ZTO Express Announces Share Repurchase and Cancellation
ZTO Express-W (02057.HK) canceled 2.5275 million shares repurchased
On August 30, Gelonghui announced that ZTO Express-W (02057.HK) had cancelled the repurchased 2.5275 million American depositary shares corresponding to Class A common shares on August 29, 2024.
Inceptio Technology Makes Landmark Single Delivery of 400 Autonomous Heavy-Duty Trucks to ZTO Express
Top Gap Ups and Downs on Tuesday: TM, SONY, SAN and More
ZTO Express To Go Ex-Dividend On September 10th, 2024 With 0.35 USD Dividend Per Share
Here's Why Investors Should Avoid ZTO Express (ZTO) Stock Now
Dongxing brokerage maintains a 'strong recommendation' rating for zto express (02057), stating that the single ticket profit performance is excellent and has a very strong safety margin.
Jinwu Newsletter | Dongxing Securities issued a research report stating that ZTO Express (02057) had a net income of 4.04 billion yuan in the first half of the year, a 4.1% year-on-year decrease. The adjusted net income was 5.03 billion yuan, a 13.0% year-on-year increase. The significant difference between the two is mainly due to the company's provision for the impairment of equity investments, which amounted to 0.673 billion yuan, including a 0.48 billion yuan impairment of Cainiao Intelligent Logistics' equity and a 0.193 billion yuan impairment of investment in Cainiao Post Stations. The bank said that the company's market share declined year-on-year in the second quarter, mainly because the company prioritized service quality and avoided lossmaking businesses. This is consistent with the performance in the first quarter. The bank expects in the second half of the year.
ZTO Express (ZTO) Shares Up 6.1% Since Q2 Earnings Release
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