ZTO Express Financial Overview
•
ZTO
4 Best-in-Class Operational Capabilities and Cost Efficiencies Enabled Z
by Technology (Cont'd)
Our culture of innovation and technological focus will continue to drive value creation going forward
Digital and
Innovative Culture
INDUSTRY LEADING PROFITS
Establish data-driven and value-add operational
management framework; digitize business know-how
and make processes calculable
"Problem-solving" to "Problem Prevention"
www-
Strong In-house R&D Capabilities
Net Profit Market Share¹
~80%
~80%
~60%2
~50%
2019
2020
2021
2022
.
Certified as "High and New Technology Enterprise"
since 2017 with significant tax benefits
• ~1,400 tech talents
•
260 software copyrights
•
684 trademarks
•
192 patents
Achieved ~60% net profit share
among Tongdas in 2022 with
~35% parcel volume share
中通快递
ZTO EXPRESS
Continuous Breakthrough in
Autonomous Technology
Next-generation automation with faster throughput
and smarter, more precise dispatch
Testing unmanned vehicles, self-driving cars,
hybrid drones
ZIO
Data Analytics Capabilities
Collect vast volume of data from all aspects of
operation
Analyze with Al and deep learning
Achieve optimal performance with data learning
• Optimize routing planning based on data insights
Source: public filings
Notes: Data as of 3Q23 unless otherwise indicated
1. According to public filings. Net profit for ZTO and BEST represent adjusted net income; otherwise, represent net profit after deducting nonrecurring profit or loss attributable to shareholders of the parent company
2. BEST sold its express delivery business in China to J&T in 4Q2021.
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