Trade ZTO Express (Cayman) Inc. - ZTO CFD

ZTO Express (Cayman) Company profile

About ZTO Express (Cayman) Inc (ADR)

ZTO Express (Cayman) Inc is a China-based company principally involved in the provision of express delivery services through its nationwide network as well as other value-added logistics services. Its express delivery services mainly include parcel sorting and line-haul transportation. The Company directly provides express delivery services to certain enterprise customers, including vertical e-commerce and traditional merchants, in connection with the delivery of their products to end consumers. The Company conducts its businesses in domestic and overseas markets.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, ZTO Express (Cayman) Inc (ADR) revenues increased 21% to RMB30.41B. Net income increased 10% to RMB4.75B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Selling, general and administrative increase of 13% to RMB1.88B (expense).