Dongxing Securities: Maintains a "strong buy" rating on ZTO Express (02057.HK), expecting a turnaround in profitability in the second half of the year.

Wisdom Financial APP learned that Dongxing Securities released a research report stating that it maintains a "strong recommendation" rating for ZTO Express-W (02057.HK), and predicts the company's net profit attributable to the parent company for 2025-2027 to be 8.85 billion, 10.22 billion, and 11.53 billion respectively, with corresponding PEs of 13.0X, 11.2X, and 10.0X. The company, as the leader of the Tongda Group, has a stable position and can maintain a relatively stable profit level in price wars, possessing a strong safety margin.