Monthly Chinese Express Tracker | ASPs Still Under Pressure | Weaker X-Border Volume? | (March 2024)
On a combined basis, January-February numbers show ground parcel ASPs still falling by over 10% Y/Y. YTD, we see a clear slowdown in X-border...
306 Views
The Three Biggest Surprises in J&T Global Express' Maiden Earnings Report
Stronger-than-expected China revenue, worsening performance of 'Other', and declining SE Asian margins are the three biggest surprises we see in...
452 Views
ZTO Express Q423 Results & Guidance in One Simple Table | +32% Volume --> +2% EPS?! | AVOID
ZTO managed to convert +32% volume growth in Q423 into just +2% EPS growth. Looking at 2024, management expects volume growth to slow dramatically.
314 Views
Analyzing the Roles Parent JD.com & Subsidiary Deppon Played in JD Logistics' Q423 Results
JD Logistics reported +10% top-line growth in Q423, and strong improvements in margins. In this insight we look at the dynamics between JD...
536 Views
Monthly Chinese Express Tracker | Industry ASP Fell to Record Low Last Month | (February 2024)
More operating days in January 2024 lifted parcel volume growth, but industry ASP declined to the lowest level on record. We believe at current...
266 Views