bearish
The Four Listed Chinese Express Companies Suffered Significant Margin Erosion in Q323
371 Views02 Nov 2023 07:38
A new price war among China's 'sort and transport' express companies drove down the group's core margins in Q3, and we expect the pain to continue in the medium-term.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
Rising
Tracking Traffic
Asian Equities Analyst, Logistics & Transport
Price Chart(Sign Up to Access)
- Beyond ASP Declines, Additional Dynamic Undermines Yunda | We Explain Roles of STO, BABA, CaiNiao12 Dec 2023
- Monthly Chinese Express Tracker | Q3 Margins Battered By Price | More to Come in Q4 (November 2023)27 Nov 2023
- ZTO Express Q3: Margins Plunge Vs Q2 | Abandons Pursuit of Share Gains | Is There a New Strategy?19 Nov 2023
- Monthly Chinese Express Tracker | A New Price War Among China's 'Sort & Transport' Express Names23 Oct 2023
- Monthly Chinese Express Tracker | August ASPs Plunge | Long SF / Short 'Ground'? | (September 2023)25 Sep 2023
- ZTO Express Q2 Results: Strong on Volume | Weak on Price | Margins Up in Q2, But H2 Much Tougher30 Aug 2023
x