Latest news with #MeisongLai
Globe and Mail
22-05-2025
- Business
- Globe and Mail
ZTO Express Q1 Earnings Flat Y/Y, Revenues Miss Estimates
ZTO Express ZTO reported first-quarter 2025 earnings of 37 cents per share, which came in line with the year-ago quarter. Total revenues of $1.50 billion missed the Zacks Consensus Estimate of $1.67 billion and improved year over year. Mr. Meisong Lai, founder, chairman and chief executive officer at ZTO, stated, "During the first quarter, ZTO maintained leading service quality and achieved 8.5 billion of parcel volume and 2.3 billion of adjusted net income. Retail volume increased by 46% year over year for the quarter as we penetrated deeper into reverse logistics, and we continued to work closely with various e-commerce platform and enterprise customers to develop differentiated products and services which include time-definite delivery and customized KA consumer services." Detailed Operational Statistics Revenue from the core express delivery business increased 9.8% year over year, owing to 19.1% growth in parcel volume and a 7.8% decrease in parcel unit price. KA revenues, generated by direct sales organizations, increased 129.3%, driven by an increase in e-commerce return parcels. Revenue from freight forwarding services fell 11.6% year over year, owing to declining cross-border e-commerce pricing. Revenue from sales of accessories, which largely consisted of sales of thermal paper used for digital waybills' printing, rose 15.5% year over year. Other revenues were derived mainly from financing services. Gross profit decreased 10.4% from the year-ago reported quarter. Gross margin rate fell to 24.7% from 30.1% in the year-ago period. Total operating expenses were RMB283.8 million ($39.1 million) compared with RMB735.4 million in the year-ago period. ZTO Express exited the first quarter of 2025 with cash and cash equivalents of $1.71 billion compared with $1.84 billion at the end of the prior quarter. ZTO's board approved its share repurchase program in November 2018 and has made subsequent changes so far. The latest announcement includes an increase in the aggregate value of shares to be repurchased to $2 billion and extends the effective period through June 30, 2025. As of March 31, 2025, ZTO had purchased an aggregate of 50,899,498 ADSs for $1,228.3 million on the open market, including repurchase commissions. The remaining funds available under the share repurchase program are $771.7 million. On May 20, 2025, ZTO announced that it would extend the current share repurchase program to June 30, 2026. ZTO's 2025 Guidance Based on current market and operating conditions, ZTO Express reaffirms its 2025 parcel volume guidance of 40.8 billion to 42.2 billion, reflecting 20-24% year-over-year growth. ZTO's Zacks Rank Currently, ZTO Express carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Q1 Performances of Other Transportation Companies United Airlines United Airlines ' UAL first-quarter 2025 earnings per share (excluding 25 cents from non-recurring items) of 91 cents surpassed the Zacks Consensus Estimate of 75 cents. In the year-ago quarter, the Chicago-based airline reported a loss of 15 cents per share. Operating revenues of $13.21 billion fell marginally short of the Zacks Consensus Estimate of $13.22 billion. The top line increased 5.4% year over year despite the tariff-induced slowdown in domestic air travel demand. Passenger revenues (which accounted for 89.7% of the top line) rose 4.8% year over year to $11.9 billion. UAL flights transported 40,806 passengers in the first quarter, up 3.8% year over year. Delta Air Lines Delta Air Lines DAL reported first-quarter 2025 earnings (excluding 9 cents from non-recurring items) of 46 cents per share, which surpassed the Zacks Consensus Estimate of 40 cents. Earnings increased 2.2% on a year-over-year basis due to low fuel costs. Revenues in the March-end quarter were $14.04 billion, surpassing the Zacks Consensus Estimate of $13.81 billion and increasing 2.1% on a year-over-year basis. Adjusted operating revenues (excluding third-party refinery sales) rose 3.3% year over year to $13 billion. C.H. Robinson C.H. Robinson Worldwide, Inc. ( CHRW ) reported mixed first-quarter 2025 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same. Quarterly earnings per share (EPS) of $1.17 outpaced the Zacks Consensus Estimate of $1.02 and improved 36% year over year. Total revenues of $4.04 billion missed the Zacks Consensus Estimate of $4.31 billion and declined 8.2% year over year, owing to the divestiture of CHRW's Europe Surface Transportation business, lower volume in its North America truckload services, and lower pricing in the ocean services. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report United Airlines Holdings Inc (UAL): Free Stock Analysis Report C.H. Robinson Worldwide, Inc. (CHRW): Free Stock Analysis Report ZTO Express (Cayman) Inc. (ZTO): Free Stock Analysis Report
Business Insider
21-05-2025
- Business
- Business Insider
ZTO Express reports Q1 EPS RMB2.71 vs. RMB2.68 last year
Reports Q1 revenue RMB10.891B vs. RMB9.960B. Meisong Lai, Founder, Chairman and CEO of ZTO, commented, 'During the Q1, ZTO maintained leading service quality and achieved 8.5B of parcel volume and 2.3B of adjusted net income. Retail volume increased by 46% year over year for the quarter as we penetrated deeper into reverse logistics, and we continued to work closely with various e-commerce platform and enterprise customers to develop differentiated products and services which include time-definite delivery and customized KA consumer services.' Lai added, 'We believe competition in China's express delivery industry has reached the 'white-hot' stage, and it is further exacerbated by a greater portion of volume being either low value or loss-making for the logistic service providers. Our approach to network policies has been on maintaining consistency and cultivating long-term stability. At times of fierce competition, we are learning to better leverage our existing competitive advantage and at the same time, stay focused on initiatives that can bring about long-term prospects of profitable growth.'
Yahoo
23-02-2025
- Business
- Yahoo
ZTO Express (Cayman) Inc.'s (NYSE:ZTO) CEO Meisong Lai is the most upbeat insider, and their holdings increased by 3.4% last week
Insiders appear to have a vested interest in ZTO Express (Cayman)'s growth, as seen by their sizeable ownership 51% of the business is held by the top 5 shareholders Institutions own 29% of ZTO Express (Cayman) To get a sense of who is truly in control of ZTO Express (Cayman) Inc. (NYSE:ZTO), it is important to understand the ownership structure of the business. With 40% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). As a result, insiders scored the highest last week as the company hit US$17b market cap following a 3.4% gain in the stock. Let's take a closer look to see what the different types of shareholders can tell us about ZTO Express (Cayman). View our latest analysis for ZTO Express (Cayman) Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. ZTO Express (Cayman) already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at ZTO Express (Cayman)'s earnings history below. Of course, the future is what really matters. ZTO Express (Cayman) is not owned by hedge funds. With a 27% stake, CEO Meisong Lai is the largest shareholder. With 8.4% and 8.2% of the shares outstanding respectively, Alibaba Group Holding Limited and Jianfa Lai are the second and third largest shareholders. Our research also brought to light the fact that roughly 51% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own a reasonable proportion of ZTO Express (Cayman) Inc.. It is very interesting to see that insiders have a meaningful US$6.6b stake in this US$17b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public, who are usually individual investors, hold a 22% stake in ZTO Express (Cayman). While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that public companies hold 8.4% of the ZTO Express (Cayman) shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
