Zto Expresscayma Stock Price, News & Analysis

ZTO Express (Cayman) Inc. (NYSE: ZTO) announced a proposed offering of US$870 million in convertible senior notes due 2027. The offering includes an option for an additional US$130 million. Proceeds will be used for logistics enhancement, investment in the logistics ecosystem, and working capital. The notes will have a maturity date of September 1, 2027 and can be converted into cash or shares. The company may redeem the notes under specific conditions, and the offering is subject to market conditions.

ZTO Express (Cayman) Inc. (NYSE: ZTO) issued clarifications regarding a filing error reported on Form 6-K submitted to the SEC on August 24, 2022. The Company confirmed that it currently has no plans for a securities offering, correcting previous misinformation. ZTO emphasizes its commitment to transparent disclosure and will keep shareholders updated on any significant developments, including future financing plans.

ZTO Express (NYSE: ZTO) reported strong Q2 2022 results, with revenues of RMB 8,656.7 million (US$ 1,292.4 million), an 18.2% increase year-over-year. Net income surged 38.2% to RMB 1,758.7 million (US$ 262.6 million), while adjusted net income also rose 38.2%. Parcel volume grew 7.5% to 6,203 million, boosting market share by 2 points to 23%. The company maintains guidance for 2022 parcel volume growth of 12-16%. ZTO's focus on operational efficiency and cost management has yielded strong cash flow, with operating cash flow increasing 95.7% to RMB 3,780.8 million.

ZTO Express (Cayman) Inc. (NYSE: ZTO) will announce its unaudited financial results for Q2 2022 after U.S. market close on August 17, 2022. The earnings conference call is scheduled for 8:30 PM U.S. Eastern Time on the same day, which translates to 8:30 AM Beijing Time on August 18, 2022. Investors can access the call through various dial-in numbers, and a replay will be available until August 24, 2022. ZTO is recognized as a leading express delivery company in China, leveraging a scalable network model to support e-commerce growth.

ZTO Express (Cayman) Inc. (NYSE: ZTO, HKEX: 2057) will hold its annual general meeting (AGM) on June 22, 2022, at 2:00 p.m. in Shanghai. The AGM will not require any proposals for shareholder approval but is intended as a forum for discussion between shareholders and management. The record date for shareholder eligibility is May 31, 2022. ZTO has submitted its annual report on Form 20-F for the fiscal year ended December 31, 2021, which can be accessed on its website and the SEC's site.

ZTO Express (NYSE: ZTO) reported strong Q1 2022 results, with revenues reaching RMB7.9 billion, a 22.1% increase YoY. The company handled 5.2 billion parcels, up 16.8%, boosting its market share to 21.6%. Adjusted net income surged 34.9% to RMB1.1 billion, and adjusted EBITDA rose 36.4% to RMB2 billion. Despite challenges from Omicron lockdowns, ZTO generated RMB1.1 billion in operating cash flow, up 131.8%. The company expects annual parcel volume growth of 12% to 16%. Overall, ZTO demonstrates solid performance despite industry headwinds.

ZTO Express (Cayman) Inc. (NYSE: ZTO) will announce its unaudited financial results for Q1 2022 on May 25, 2022, after U.S. market close. An earnings conference call will follow at 8:30 PM U.S. Eastern Time. ZTO is a leader in China's express delivery market, offering extensive logistics services through a scalable network partner model that supports e-commerce growth. Investors can access the live call and a replay through the company's investor relations website.

ZTO Express, a leading express delivery company in China, announced an update regarding its status under the Holding Foreign Companies Accountable Act (HFCAA). On May 4, 2022, the SEC provisionally identified ZTO as a Commission-Identified Issuer due to its auditor's working papers not being fully inspectable by the PCAOB for the fiscal year ending December 31, 2021. If this situation persists for three consecutive years, ZTO's shares could face trading prohibitions in the U.S. The company is exploring solutions to protect stakeholder interests while ensuring compliance with both Chinese and U.S. regulations.