J&T Express vs Pos Malaysia
J&T Express holds the stronger position because it is growing revenue and profit while Pos Malaysia is losing money and losing parcel share to the same rivals pressuring both firms.
J&T Express
Pan-Asian parcel delivery network, ranked #1 in Southeast Asia by volume for six years
Pos Malaysia
Malaysia's national postal operator, running mail, parcels, and rural delivery under a government mandate.
Dimension by dimension
| Dimension | J&T Express | Pos Malaysia |
|---|---|---|
| Staying power of the core product | J&T Express is rated protection under test, but it grew revenue 18.5% and adjusted net profit 112.3% in FY2025. | Pos Malaysia is losing its protection, posting a net loss of RM209.26 million in FY2025 on RM1.84 billion revenue. |
| Exposure to AI absorbing the product | AI is unlikely to absorb J&T's physical parcel delivery network. | AI partly overlaps with parts of Pos Malaysia's mail and logistics work. |
| How easily a giant could copy them | A larger player could possibly replicate J&T's regional delivery network too. | A larger player could possibly replicate Pos Malaysia's national mail license and network. |
| Pressure from rivals | Shopee's SPX Express holds roughly 25% of Southeast Asia logistics and is shifting parcels in house, though it remains a J&T customer. | J&T Express and SPX Xpress together hold 73.5% of Malaysia's parcel volume, and DHL Express holds about 63% of last-mile express, squeezing Pos Malaysia hard. |
| Financial footing | J&T Express posted US$12.2 billion in revenue and US$425 million in adjusted net profit for FY2025, both up sharply year on year. | Pos Malaysia carries accumulated losses of RM988.9 million alongside its FY2025 net loss. |
| Scale and market rank | J&T Express has ranked #1 in Southeast Asia by parcel volume for six straight years, handling 30.1 billion parcels in FY2025. | Pos Malaysia is the sole licensed universal mail provider in Malaysia but its parcel business is being squeezed by larger rivals. |
Questions people ask
- Pos Malaysia vs J&T Express, which one is in better financial shape?
- J&T Express is in stronger financial shape, with FY2025 revenue of US$12.2 billion and adjusted net profit up 112.3% year on year. Pos Malaysia posted a net loss of RM209.26 million and carries accumulated losses of RM988.9 million.
- Which company faces more pressure from competitors, Pos Malaysia or J&T Express?
- Pos Malaysia faces more pressure. J&T Express and SPX Xpress together control 73.5% of Malaysia's parcel volume and DHL Express holds about 63% of last-mile express, both squeezing Pos Malaysia. J&T Express itself faces pressure from Shopee's SPX Express, which holds around 25% of Southeast Asia logistics but remains a paying J&T customer.
- Is Pos Malaysia or J&T Express more exposed to AI?
- Pos Malaysia is more exposed, since AI is rated as partly overlapping with its mail and logistics operations. J&T Express is rated unlikely to be absorbed by AI because parcel delivery still depends on physical movement of goods.
- Could a big tech company replace Pos Malaysia or J&T Express?
- Both are rated as possible targets for a larger player to copy, given their delivery networks are the core asset. Neither company has a rating that rules this out.
- Which company is growing faster, Pos Malaysia or J&T Express?
- J&T Express is growing, with FY2025 revenue up 18.5% and global parcel volume up 22.2% year on year. Pos Malaysia's most recent FY2025 figures show a net loss rather than growth.
Other comparisons with these companies