Zto Expresscayma Stock Price, News & Analysis

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.

ZTO Express (Cayman) Inc. (NYSE: ZTO) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC, as announced on April 28, 2022. This report includes audited consolidated financial statements and is available on their investor relations website. Additionally, ZTO has published its annual report for Hong Kong listing requirements, highlighting its fast-growing express delivery services across China. The company remains focused on supporting e-commerce growth through its scalable network partner model.

ZTO Express announced strong financial results for Q4 and FY 2021, with revenues up 11.6% to RMB9.2 billion ($1.45 billion) in Q4.

Annual revenues reached RMB30.4 billion ($4.77 billion), a 20.6% increase year-over-year.

Net income for the quarter was RMB1.7 billion ($274.2 million), a 35.3% rise compared to Q4 2020, while adjusted net income reached RMB1.7 billion ($273.9 million).

The company also declared a special dividend of $0.25 per ADS for 2021. ZTO maintained a market share of 20.6%, handling 22.3 billion parcels, up 31.1% from the previous year, as price competition stabilized.

ZTO Express (Cayman) Inc. (NYSE: ZTO) has announced it will release its unaudited financial results for the fourth quarter and fiscal year 2021, ending December 31, 2021, on March 16, 2022, after U.S. market close. The earnings conference call is set for 8:30 PM ET the same day. ZTO, a leading express delivery company in China, operates a scalable network partner model aimed at supporting the growth of e-commerce in the region. Investors can access the results and listen to the conference call via the company's investor relations website.

ZTO Express, a leading express delivery company in China, held its 2022 Nationwide Network Conference on January 13, 2022, in Shanghai. In 2021, ZTO delivered 22.3 billion parcels, achieving a 31.1% year-over-year growth and becoming the first express delivery firm globally to surpass 20 billion parcels annually. Chairman Meisong Lai projected positive growth prospects for China's express delivery industry and outlined nine initiatives for 2022 focused on enhancing service quality and operational efficiency, aiming for market share gain and earnings expansion.