ZTO Announces Certain Preliminary Estimated Full Year 2025 Financial Results

Core Viewpoint - ZTO Express (Cayman) Inc. anticipates significant growth in total revenues and parcel volumes for the year 2025, driven by the increasing demand for express delivery services in China [1]. Financial Estimates - The estimated total revenues for 2025 are projected to range from RMB48,500.0 million to RMB50,000.0 million, reflecting an increase of approximately 9.5% to 12.9% from RMB44,280.7 million in 2024 [7]. - The estimated gross profit for 2025 is expected to range from RMB12,150.0 million to RMB12,550.0 million, indicating a decrease of approximately 8.5% to 11.4% from RMB13,717.1 million in 2024 [7]. - The company estimates parcel volumes will rise from 34.01 billion in 2024 to 38.52 billion in 2025, representing a year-over-year increase of 13.3% [1]. Company Overview - ZTO Express is recognized as a leading and fast-growing express delivery company in China, providing a wide range of logistics services through a reliable nationwide network [4]. - The company operates a scalable network partner model, which supports the growth of e-commerce in China by leveraging partners for pickup and last-mile delivery while managing critical transportation and sorting operations [5].