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ZTO Express Newsroom
Data reveals | What did Northern funds buy in November? They crazily invested nearly 10.6 billion Hong Kong dollars in Alibaba and increased their holdings in Tencent by nearly 8 billion Hong Kong dollars.
In November, Southbound funds "fiercely attacked" Hong Kong stocks, with a cumulative net buy amount of over 120 billion Hong Kong dollars, hitting a new high in nearly three years.
One picture to understand | The list of bull and bear stocks in Hong Kong stocks for November is out! AI application stocks have surged, mobvista has risen by 300% this month.
Entering the Middle Eastern market! dalipal hldg has seen a monthly increase of over 80%, and will partner with Saudi Aramco to build a production base in the Middle East.
ZTO Express Stock Plunges 19.5% in 6 Months: Should You Buy the Dip?
ZTO Express Expands With Strategic Property Acquisition
zto express - W (02057.HK) plans to invest 0.18 billion yuan to acquire property and will establish its second headquarters in Tonglu County.
Gelonghui November 29th, zto express-W (02057.HK) announced that on November 29, 2024, zto express (the consolidated subsidiary of the company) entered into a property purchase agreement with Zhongkuai Future City. Accordingly, zto express agreed to purchase, while Zhongkuai Future City agreed to sell a property with a total construction area of 0.0225 million square meters, at a total price of approximately 0.18 billion yuan. The properties to be acquired include (i) Building 1 of Blue City, from the 13th to 19th floor, with a total construction area of 0.0141 million square meters, and (ii) Building 11, from the 13th to 17th floor, with a total construction area of 8327.55 square meters.
Express News | Zto express announced on the Hong Kong Stock Exchange that the company agreed to purchase the property of Zhongkuai Future City for a total price of 0.18 billion yuan.
8 Industrials Stocks Whale Activity In Today's Session
zto express - W(02057.HK): Single ticket income, gross margin increased against the trend year-on-year, expecting volume and profit to rebalance and restore market share.
Event: On November 20, 2024, zto express-w released the unaudited financial performance announcement for Q3 2024: In Q3 2024, zto express-w achieved a revenue of 10.675 billion yuan, a year-on-year growth of 1.
Guolian Securities: The november 11 shopping festival-related e-commerce promotion has preliminarily driven up the volume and price of the Tongda express delivery system.
Due to the earlier start time of this year's november 11 shopping festival-related promotions compared to previous years, the national express delivery volume for October reached 16.31 billion pieces, a year-on-year increase of 24.0%.
[Brokerage Focus] swhy maintains a "buy" rating on zto express (02057), indicating that there is still considerable room for comparison with the average valuation of comparable companies.
Jinwu Finance | SWHY issued a research report stating that zto express (02057) achieved revenue of 10.675 billion yuan in the third quarter, a year-on-year increase of 17.6%; adjusted net income was 2.39 billion yuan, a year-on-year increase of 2.0%. Price competition in the off-season of the third quarter was relatively intense, combined with the company's global strategy adjustments, resulting in performance slightly below expectations. The report indicated that according to the company's announcement, the cost per delivery for the third quarter was 0.25 yuan per ticket, a year-on-year decrease of 0.02 yuan; the transportation cost per ticket was 0.39 yuan per ticket, a year-on-year decrease of 0.04 yuan, with a core cost reduction of 0.06 yuan. The company's operation efficiency continues to be released.
Research reports｜CICC: Lowering zto express target price to $25.7, maintaining 'outperform' rating in the industry.
Gelonghui, November 25 | According to a research report from China International Capital Corporation, zto express announced its third-quarter performance, with revenue of 10.675 billion yuan, an 18% year-on-year increase, and a gross profit of 3.335 billion yuan, a 23% year-on-year increase, with a non-GAAP net profit of 2.387 billion yuan, a 2% year-on-year increase, meeting expectations. The company has revised its full-year guidance, expecting a full-year business volume growth rate between 11.6% and 12.3% for 2024, corresponding to a daily average parcel volume between 92.33 million and 92.88 million parcels. The profit forecast for 2024 remains largely unchanged. Considering the potential changes in the competitive landscape next year, the firm lowered zto express's forecast for 2025.
Capital flow statistics of the Shenzhen-Hong Kong Stock Connect (T+2) | November 25
Zhitong Hong Kong Stock Connect capital trend | November 25
zto express-W (02057.HK): operation global strategy adjustment, prioritizing market share.
Investment highlights: zto express released its Q3 2024 report. In the third quarter, the company achieved revenue of 10.675 billion yuan, a year-on-year increase of 17.6%; adjusted net income of 2.39 billion yuan, a year-on-year increase of 2.0%. The third quarter is a low season.
Returns At ZTO Express (Cayman) (NYSE:ZTO) Are On The Way Up
zto express - W (2057.HK): adhering to high-quality development, Q3 single ticket operating profit stabilizes.
Event: The company released the unaudited financial performance announcement for the third quarter of 2024, with a courier business volume of 8.723 billion pieces in Q3 24, a year-on-year increase of 15.9%; net income adjusted to 2.387 billion yuan, a year-on-year increase of 2.0%.
HSBC Research lowers the target price of zto express (02057.HK) to 218 yuan and reduces the earnings forecast per share.
HSBC Research published a report indicating that zto express (02057.HK) had an 18% increase in EBIT in the third quarter compared to the same period last year, due to improved product mix; the average selling price grew by 2.6%, while peers declined; unit costs remained flat. The report indicated that zto express has lowered its full-year package volume guidance but plans to regain market share by 2025. The bank has downgraded the earnings per share forecasts for 2024 to 2026 by 3% to 5%; it reiterated the 'buy' rating but reduced the target price from $29 to $28. The target price for the shares listed in hong kong has been lowered from 226 HKD to 218 HKD. HSBC Research will continue to evaluate zto express from 2024 to 202.
【Brokerage Focus】jpmorgan points out that the trend of reverse logistics is becoming increasingly important and the competitive landscape in the logistics field is being reshaped.
JPMorgan released a research report, stating that during the november 11 shopping festival-related period, China's express parcel volume reached a record high, with a year-on-year growth of 25%, while pricing trends remained stable. The e-commerce market is entering a new phase, with competition expected to be more moderate by 2025. Traditional platforms like Taobao / Tmall and jd.com maintain stable market positions, while pdd holdings continues to grow by offering high-cost-effective commodities. The report further points out that data for October shows that e-commerce growth benefited from stimulus policies and an early start to november 11 shopping festival, with online retail sales increasing by 10% year-on-year and home appliance sales increasing by 39%. Industry data shows parcel volumes, physical commodities.
Citi lowered zto express (ZTO.US) target price to $24.2, shifting focus to market share.
Citibank published a report noting that zto express (02057.HK) had weaker than expected parcel volume performance at the beginning of the year, primarily due to e-commerce customers being more sensitive to pricing than anticipated and an increased proportion of low stock price parcels. The company will focus more on market share and parcel volume growth in 2025, intending to achieve this by adopting a more flexible end pricing policy and simplifying network policies, while striving to maintain relatively stable unit profitability. At the same time, management indicated that the share buyback and dividend distribution will continue. The bank expects zto express's fourth quarter non-GAAP net profit to grow by 21% year-on-year, by enhancing product average price and unit.
Hong Kong stock concept tracking | Promoting stable growth in foreign trade releases another "combination punch", the cross-border e-commerce industry welcomes bullish news (including concept stocks).
On November 21, the Ministry of Commerce issued a notice on several policy measures to promote stable growth of foreign trade. It pointed out the need to strengthen financing support for foreign trade enterprises.
ZTO Express (Cayman), Inc. Class A (2057) Receives a Buy From Jefferies