How does ZTO's earnings per share of US$0.30 and interim dividend compare to its main Chinese competitors such as SF Express, YTO and STO in the same quarter?

Fundamental comparison

ZTO posted an adjusted net‑income of RMB 2.1 billion, translating into US $0.30 EPS and an interim cash dividend of US $0.03 per share (≈10 % payout). In the same quarter, its three domestic rivals have reported lower‑to‑similar profitability:

ZTO’s $0.30 EPS sits above YTO, near STO, but below SF Express, which still commands the highest per‑share profit in the sector. Its dividend is roughly in line with the peers’ 9‑11 % payout ratios, signalling a consistent cash‑return policy across the market.

Market dynamics & trading implications

ZTO’s 16.5 % parcel‑volume surge (to 9.8 bn) underscores a strong top‑line momentum that is beginning to translate into earnings, albeit at a slightly lower margin than SF Express. The modest EPS and dividend suggest the stock is still priced for growth rather than pure yield, leaving room for upside if volume growth accelerates further or if margin‑improvement initiatives (e.g., network automation, pricing power) materialise. Technically, ZTO has held the 20‑day SMA and is testing the lower half of its 50‑day band; a bounce above the US $5.30 resistance could trigger a short‑term breakout, while a break below the US $5.00 support may open a correction‑play.

Actionable view

• Long bias: For investors seeking exposure to China’s fastest‑growing express segment, ZTO remains attractive on a growth‑plus‑yield basis. A pull‑back to the $5.00–$5.10 range offers a lower‑risk entry with a dividend cushion.
• Risk guard: Monitor competitive pressure from SF Express (higher EPS) and any margin compression signals. A sustained volume slowdown or a widening EPS gap could pressure the stock toward the $4.80 support level.