ENTITY
ZTO Express Cayman

ZTO Express Cayman (ZTO US)

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Analysis
IndustrialsChina
ZTO Express (Cayman) Inc. operates as an express delivery company. The Company provides express delivery service through their nationwide network, as well as other value-added logistics services. ZTO Express serves customers globally.
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19 Aug 2022 01:53Broker

ZTO Express (ZTO US) – Record-High Market Share; Good Cost Control

ZTO’s 2Q22 net profit grew 40% YoY to RMB1.8bn. Even if we strip out the FX gain of RMB120mn in 2Q, the profit is still in line with expectations.

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