bullish

[ZTO Express (ZTO US, BUY, TP US$38) TP Change]: Margin Improves While Capex Intensity Nears Peak

378 Views18 May 2023 11:41
Margin beat as parcel cost was (8%) vs. our est., we suggest also due to (1) parcel mix improvements, (2) output-based pay, and (3) lower % of KA customers;
SUMMARY
(Sign Up to Access)
Full Insight
(Paid Plans Only, 2-minute read)
Discussions
(Paid Plans Only)
chart-bar
x