Business
ZTO Reports Fourth Quarter 2024 and Full Year 2024 Unaudited Financial Results
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024[1]. The Company grew parcel volume by 3.8 billion, or 12.6% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income[2] increased 12.7% to reach RMB10.2 billion. Net cash generated from operating activ
About this update from Zto Express (cayman), Inc. Class A
[{"type":"text","content":"Annual Volume Increased to 34.0 Billion ParcelsRMB10.2 Billion Full Year Adjusted Net Income Grew 12.7% US$0.35 per Share Semi-Annual Dividend Announced","length":189,"tagName":"p","attribs":{}},{"type":"text","content":"SHANGHAI, March 19, 2025 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024[1]. The Company grew parcel volume by 3.8 billion, or 12.6% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income[2] increased 12.7% to reach RMB10.2 billion. Net cash generated from operating activities was RMB11,429.4 million.","length":616,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 Financial Highlights","length":45,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues were RMB12,919.7 million (US$1,770.0 million), an increase of 21.7% from RMB10,619.4 million in the same period of 2023.","length":129,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit was RMB3,759.7 million (US$515.1 million), an increase of 20.2% from RMB3,128.2 million in the same period of 2023.","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was RMB2,446.8 million (US$335.2 million), an increase of 10.7% from RMB2,209.8 million in the same period of 2023.","length":126,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA[3] was RMB4,615.3 million (US$632.3 million), an increase of 26.4% from RMB3,651.8 million in the same period of 2023.","length":134,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income[2] was RMB2,733.3 million (US$374.5 million), an increase of 23.4% from RMB2,214.4 million in the same period of 2023.","length":138,"tagName":"p"}]},{"val":[{"type":"text","content":"Basic and diluted net earnings per American depositary share ("ADS"[4]) were RMB2.97 (US$0.41) and RMB2.89 (US$0.40), an increase of 9.2% and 8.6% from RMB2.72 and RMB2.66 in the same period of 2023, respectively.","length":223,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted basic and diluted earnings ...