China Post’s revenue declined 3.5% in 2025. Operating costs decreased more slowly than revenue, while depreciation, amortisation and impairments increased. This placed further pressure on profitability, with both EBITDA and EBIT margins contracting and profit for the period falling 8.8%.
The financial position expanded, with total assets rising 9.2% and equity increasing 11.4%. Cash generation strengthened despite weaker earnings: operating cash flow grew 11.9%, while lower capital expenditure supported a 14.3% increase in free cash flow. Closing cash and cash equivalents rose 79.2%.

 

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