ZTO Express (Cayman) Inc. (ZTO) Q1 2024 Earnings Call Transcript Summary
ZTO Express (Cayman) Inc. (ZTO) Q1 2024 Earnings Call Transcript Summary
The following is a summary of the ZTO Express (Cayman) Inc. (ZTO) Q1 2024 Earnings Call Transcript:
以下是中通快遞（開曼）有限公司（ZTO）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
ZTO Express reported a Q1 2024 volume of $7.17 billion, a 14% increase year-over-year.
Adjusted net profit was reported at $2.22 billion, marking a 16% increase as compared to the previous year.
A surge of 10.9% was found in the total revenue of the company taking it up to $10.0 billion.
It noted a 19% increase in gross profit, which amounted to $3 billion, and gross profit margin rate rose by 2 points to 30.1%.
Operating income also showed a growth spurt of 16.2%, standing at $2.3 billion.
For 2024, the company expects to see an increase of 15% to 18% in parcel volume, potentially rising to a volume within the boundaries of $34.73 billion to $35.64 billion.
中通快遞報告稱，2024年第一季度的交易量爲71.7億美元，同比增長14％。
調整後的淨利潤爲22.2億美元，與去年同期相比增長了16％。
該公司的總收入激增了10.9％，達到100億美元。
它指出，毛利增長了19％，達到30億美元，毛利率上升了2個百分點至30.1％。
營業收入也增長了16.2％，達到23億美元。
該公司預計，到2024年，包裹量將增長15％至18％，有可能上升到347.3億美元至356.4億美元之間。
Business Progress:
業務進展：
The company succeeded in retaining its leading position in the industry based on service quality rankings in Q1 2024.
Despite an uprising ratio of low-priced e-commerce parcels, the company made a strategic decision to let go of unprofitable parcel volumes, leading to a contraction of market share by 1.9 percentage points.
ZTO shifted focus to improving service quality, directing more resources towards the development of products and services to augment the brand awareness and recognition.
The company has adopted effective strategies to confront price competition, strengthen its last-mile presence and enhance franchisee partnership.
On the international front, ZTO has successfully branched out to regions like Southeast Asia, Africa, and South Asia, and focused on honing local express services. Further development in international individual and boutique services is planned whilst ensuring rigid control over cost efficiencies.
根據2024年第一季度的服務質量排名，該公司成功保持了其在行業中的領先地位。
儘管低價電子商務包裹的比例驚人，但該公司還是做出了放棄無利可圖的包裹量的戰略決定，導致市場份額萎縮了1.9個百分點。
中通將重點轉移到提高服務質量上，將更多資源用於產品和服務的開發，以提高品牌知名度和知名度。
該公司已採取有效的策略來應對價格競爭，加強其最後一英里的影響力，並加強加盟商的合作伙伴關係。
在國際方面，中通成功地將業務擴展到東南亞、非洲和南亞等地區，並專注於完善本地快遞服務。計劃進一步發展國際個人和精品服務，同時確保嚴格控制成本效率。
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譯文內容由第三人軟體翻譯。