Latest news with #ZTOExpress
Yahoo
15 hours ago
- Business
- Yahoo
ZTO Express Announces Repurchase Right Notification for 1.50% Convertible Senior Notes due 2027
SHANGHAI, July 30, 2025 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that it is notifying holders of its 1.50% Convertible Senior Notes due 2027 (CUSIP No. 98980AAB1) (the "Notes") that pursuant to the Indenture dated as of August 29, 2022 (the "Indenture") relating to the Notes by and between the Company and Citibank, N.A., as trustee, each holder has the right, at the option of such holder, to require the Company to repurchase all of such holder's Notes or any portion thereof that is an integral multiple of US$1,000 principal amount for cash on September 2, 2025 (the "Repurchase Right"). The Repurchase Right expires at 5:00 p.m., New York City time, on Thursday, August 28, 2025. As required by rules of the United States Securities and Exchange Commission (the "SEC"), the Company will file a Tender Offer Statement on Schedule TO which includes documents specifying the terms, conditions and procedures for exercising the Repurchase Right. None of the Company, its board of directors or its employees has made or is making any representation or recommendation to any holder as to whether to exercise or refrain from exercising the Repurchase Right. The Repurchase Right entitles each holder of the Notes to require the Company to repurchase all of such holder's Notes or any portion thereof that is an integral multiple of US$1,000 principal amount. The repurchase price for such Notes will be equal to 100% of the principal amount of the Notes to be repurchased, plus any accrued and unpaid additional interest, if any, to, but excluding, September 2, 2025, which is the date specified for repurchase in the Indenture (the "Repurchase Date"), subject to the terms and conditions of the Indenture and the Notes. Pursuant to the terms of the Indenture and the Notes, the next interest payment date for the Notes is September 1, 2025. As September 1, 2025 is a federal holiday, pursuant to the Indenture and the Notes, on Tuesday, September 2, 2025, which is the next succeeding business day, the Company will pay accrued and unpaid interest on all of the Notes through August 31, 2025 to all holders who were holders of record as of close of business on Friday, August 15, 2025. As of July 29, 2025, there was US$1,000,000,000.00 in aggregate principal amount of the Notes outstanding. If all outstanding Notes are surrendered for repurchase through exercise of the Repurchase Right, the aggregate cash purchase price will be US$1,000,000,000.00. The opportunity for holders of the Notes to exercise the Repurchase Right commences at 9:00 a.m., New York City time today, July 30, 2025, and will terminate at 5:00 p.m., New York City time, on Thursday, August 28, 2025. In order to exercise the Repurchase Right, a holder must follow the transmittal procedures set forth in the Company's Repurchase Right Notice to holders (the "Repurchase Right Notice"), which is available through the Depository Trust Company. Holders may withdraw any previously tendered Notes pursuant to the terms of the Repurchase Right at any time prior to 5:00 p.m., New York City time, on Thursday, August 28, 2025, or as otherwise provided by applicable law. This press release is for information only and is not an offer to purchase, a solicitation of an offer to purchase, or a solicitation of an offer to sell the Notes or any other securities of the Company. The offer to purchase the Notes will be only pursuant to, and the Notes may be tendered only in accordance with, the Company's Repurchase Right Notice dated July 30, 2025 and related documents. Holders of the Notes should refer to the Indenture for a complete description of repurchase procedures and direct any questions concerning the mechanics of repurchase to the Trustee by contacting Citibank, N.A. at citinygats@ or HOLDERS OF NOTES AND OTHER INTERESTED PARTIES ARE URGED TO READ THE COMPANY'S SCHEDULE TO, REPURCHASE RIGHT NOTICE AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ZTO EXPRESS (CAYMAN) INC. AND THE REPURCHASE RIGHT. Materials filed with the SEC will be available electronically without charge at the SEC's website, Documents filed with the SEC may also be obtained without charge at the Company's website, About ZTO Express (Cayman) Inc. ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China. ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain. For more information, please visit: For investor and media inquiries, please contact: ZTO Express (Cayman) Inc. Investor RelationsE-mail: ir@ +86 21 5980 4508 View original content: SOURCE ZTO Express (Cayman) Inc. Sign in to access your portfolio
South China Morning Post
7 days ago
- Automotive
- South China Morning Post
Hong Kong stocks hold at 3-year high on hope of trade agreement between US and EU
Hong Kong stocks steadied on Thursday, with the benchmark index hovering at its highest point in three and a half years as investors bet against a global trade war thanks to apparent progress towards a tariff deal between the US and European Union. The Hang Seng Index rose 0.2 per cent to 25,591.16 as of 10.11am local time. The Hang Seng Tech Index gained 0.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both climbed 0.2 per cent. Car dealer Zhongsheng Group Holdings advanced 2.9 per cent to HK$14.06, and ZTO Express advanced 2.4 per cent to HK$155.70. Semiconductor Manufacturing International rallied 2 per cent to HK$49.70, and China Life Insurance gained 3.1 per cent to HK$22.30. The gains in Hong Kong stocks took cues from US and Asian equities after reports emerged that the European Union would accept a 15 per cent tariff on its exports to the US. That marked another breakthrough in President Donald Trump's tariff policy after cutting a deal with Japan this week. Stocks cheered about the likely outcome, with the S&P 500 index notching a fresh record high. Investors had expected the two sides to be deadlocked on a 30 per cent rate. Other major Asian markets were mixed. Japan's Nikkei 225 climbed 1.9 per cent, South Korea's Kospi rose 0.7 per cent and Australia's S&P/ASX 200 slipped 0.1 per cent.
Yahoo
21-07-2025
- Business
- Yahoo
ZTO Express (Cayman) Inc. (ZTO) Confirms Stability with No Change in Share Capital; Morgan Stanley Upgrades Rating
With a low P/E multiple and potential upside for investors, ZTO Express (Cayman) Inc. (NYSE:ZTO) is among the . Patrick Foto/ With its monthly return submission to the Hong Kong Stock Exchange on July 2, 2025, ZTO Express (Cayman) Inc. (NYSE:ZTO) confirmed no changes in its authorized share capital or issued shares for the preceding month. Furthermore, zero movement in its treasury shares indicates continued stability in the company's capital structure. The consistent reporting and transparency are key to the company's efforts to sustain investor trust, especially in a volatility-sensitive global market environment. The implied financial and operational steadiness furthers the sense of security and stability among the investors. Meanwhile, on July 2, 2025, analysts at Morgan Stanley issued a 'Buy' rating for ZTO Express (Cayman) Inc. (NYSE:ZTO), raising its price target to $24.60. This upgrade is driven by the analyst's expectation that the company will experience a turnaround in its market share, which has been adversely impacted by the aggressive competition from smaller peers. ZTO Express (Cayman) Inc. (NYSE:ZTO) is expected to experience a YoY growth in volume of 17.70% in the second quarter of 2025, as smaller peers lose momentum. Thus, the market share recovery is expected to improve the company's valuation in the mid-term. ZTO Express (Cayman) Inc. (NYSE:ZTO), headquartered in Shanghai, China, offers express delivery and other value-added logistics services, including freight forwarding. It is on the list of cheap transportation stocks. While we acknowledge the potential of ZTO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Stocks to Invest in for a Quick Return and 10 Best Cheap Stocks to Buy According to Billionaire Ray Dalio. Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
15-06-2025
- Business
- Yahoo
ZTO Express (Cayman)'s (NYSE:ZTO) Returns On Capital Are Heading Higher
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in ZTO Express (Cayman)'s (NYSE:ZTO) returns on capital, so let's have a look. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on ZTO Express (Cayman) is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.19 = CN¥12b ÷ (CN¥93b - CN¥29b) (Based on the trailing twelve months to March 2025). Therefore, ZTO Express (Cayman) has an ROCE of 19%. On its own, that's a standard return, however it's much better than the 13% generated by the Logistics industry. See our latest analysis for ZTO Express (Cayman) In the above chart we have measured ZTO Express (Cayman)'s prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for ZTO Express (Cayman) . Investors would be pleased with what's happening at ZTO Express (Cayman). The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 19%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 67%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. For the record though, there was a noticeable increase in the company's current liabilities over the period, so we would attribute some of the ROCE growth to that. Essentially the business now has suppliers or short-term creditors funding about 31% of its operations, which isn't ideal. Keep an eye out for future increases because when the ratio of current liabilities to total assets gets particularly high, this can introduce some new risks for the business. All in all, it's terrific to see that ZTO Express (Cayman) is reaping the rewards from prior investments and is growing its capital base. Given the stock has declined 50% in the last five years, this could be a good investment if the valuation and other metrics are also appealing. So researching this company further and determining whether or not these trends will continue seems justified. On the other side of ROCE, we have to consider valuation. That's why we have a that is definitely worth checking out. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. 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
Yahoo
29-05-2025
- Business
- Yahoo
Here's Why Investors Should Avoid ZTO Express Stock Now
ZTO Express Cayman Inc. ZTO is facing significant challenges from rising operating expenses and a deteriorating liquidity position, which are adversely affecting its bottom line and making it an unattractive choice for investors' portfolios. Let's delve deeper. Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-year earnings has been revised 5.2% downward over the past 60 days and is pegged at $1.65 per share. Meanwhile, the consensus estimate for 2026 earnings is pegged at $1.78 per share, declining 6.8% over the past 60 days. The unfavorable estimate revision indicates brokers' lack of confidence in the stock. Dim Price Performance: ZTO Express shares have lost 26.5% in the past year compared with the industry's 16.6% decline. Image Source: Zacks Investment Research Weak Zacks Rank: ZTO currently carries a Zacks Rank #5 (Strong Sell). Unimpressive Earnings Surprise History: ZTO has a discouraging earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missing twice. The average negative surprise is 2.9%. Bearish Industry Rank: The industry to which ZTO Express belongs currently has a Zacks Industry Rank of 195 (out of 245). Such an unfavorable rank places it in the bottom 20% of Zacks show that 50% of a stock price movement is directly related to the performance of the industry group it belongs to. A mediocre stock within a strong group is likely to outperform a robust stock in a weak industry. Reckoning the industry's performance becomes imperative in this case. Headwinds: ZTO Express is under increasing pressure on its bottom line due to rising expenses, which are challenging its financial stability. In the first quarter of 2025, the company experienced a 17.9% year-over-year increase in total operating expenses. This rise was largely due to higher sorting hub operating costs and other related expenses. The operating costs of the sorting center were $319 million, an increase of 6.8% year over year. Trunk transportation costs were $480.0 million, an increase of 3.3% year over year. The company is now grappling with the impact of these escalating costs, which are putting additional strain on its profitability and overall financial health. Moreover, the company's financial stability is under pressure, as reflected by a declining current ratio (a measure of liquidity). ZTO's current ratio fell from 1.49 in 2022 to 1.34 in 2023 and dropped further to 1.07 in 2024. In the first quarter of 2025, the current ratio was pegged at 1.05. This consistent downward trend is concerning, as it raises questions about the company's ability to meet its short-term debt obligations. Investors interested in the Transportation sector may consider Copa Holdings CPA and Ryanair RYAAY. CPA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. CPA has an expected earnings growth rate of 14.3% for the current year. The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 5.5%. Shares of CPA have risen 24.7% year to date. RYAAY currently sports a Zacks Rank of 1. RYAAY has an expected earnings growth rate of 30.5% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average beat of 46.6%. Shares of RYAAY have rallied 29.9% year to date. 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 Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
