Core Insights - J&T Express reported a significant growth in parcel volume, achieving 84.6 billion parcels in Q4 2025, a year-on-year increase of 14.5% [1] - For the entire year of 2025, the company surpassed 300 billion parcels for the first time, reaching 301.3 billion parcels, which represents a 22.2% year-on-year growth [1] - The growth was primarily driven by strong performance in Southeast Asia and new markets, alongside stable contributions from the Chinese market [1] Segment Summaries Q4 Performance - In Q4 2025, J&T Express's parcel volume in Southeast Asia reached 24.4 billion parcels, marking a 73.6% increase year-on-year [1] - The new markets, including Saudi Arabia, UAE, Mexico, Brazil, and Egypt, saw parcel volume exceed 1.3 billion, up 79.7% year-on-year [1] - The Chinese market delivered 58.9 billion parcels in Q4 2025, with a year-on-year growth of 11.4% [1] Annual Performance - For the full year 2025, J&T Express's parcel volume in Southeast Asia totaled 76.6 billion parcels, a 67.8% increase year-on-year [1] - The new markets achieved a total parcel volume of 4.0 billion, reflecting a 43.6% year-on-year growth [1] - The Chinese market's total parcel volume for 2025 was 220.7 billion, with an 11.4% year-on-year increase [1] Infrastructure and Automation Investments - The company continued to invest in infrastructure and resource allocation, optimizing network partners and upgrading transit centers to enhance operational efficiency [2] - By the end of 2025, the number of automated devices at network points increased by 26%, with 1,000 unmanned logistics vehicles deployed to improve last-mile delivery efficiency [2] - J&T Express opened 173 cloud warehouses and implemented the first industrial-grade automated sorting equipment in Thailand, aiming for nationwide automation upgrades by 2026 [2]
极兔速递(01519)2025年包裹量再创新高，首次突破300亿件，同比增长22.2%