ZTO Financial Statements From 2010 to 2025

ZTO Stock  USD 19.97  0.56  2.89%   
ZTO Express financial statements provide useful quarterly and yearly information to potential ZTO Express investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ZTO Express financial statements helps investors assess ZTO Express' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ZTO Express' valuation are summarized below:
Gross Profit
13.1 B
Profit Margin
0.2055
Market Capitalization
15.9 B
Enterprise Value Revenue
2.6278
Revenue
42 B
We have found one hundred twenty available fundamental gauges for ZTO Express, which can be analyzed and compared to other ratios and to its peers. Self-guided Investors are advised to confirm ZTO Express' prevalent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself for the next two years. As of the 17th of March 2025, Market Cap is likely to grow to about 162.2 B. Also, Enterprise Value is likely to grow to about 157.9 B

ZTO Express Total Revenue

22.22 Billion

Check ZTO Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZTO Express' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 3.5 B or Interest Expense of 349.6 M, as well as many indicators such as Price To Sales Ratio of 3.46, Dividend Yield of 0.0161 or PTB Ratio of 2.22. ZTO financial statements analysis is a perfect complement when working with ZTO Express Valuation or Volatility modules.
  
Check out the analysis of ZTO Express Correlation against competitors.
To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.

ZTO Express Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets106.8 B101.7 B41.7 B
Slightly volatile
Short and Long Term Debt Total18.6 B17.8 B4.7 B
Slightly volatile
Other Current Liabilities11.1 B10.5 B4.4 B
Slightly volatile
Total Current Liabilities24.2 B23.1 B8.5 B
Slightly volatile
Total Stockholder Equity37 B68.8 B28.5 B
Slightly volatile
Other Liabilities224.7 M398.4 M175.5 M
Slightly volatile
Net Tangible Assets26 B51 B20.9 B
Slightly volatile
Property Plant And Equipment Net39.7 B37.8 B14 B
Slightly volatile
Current Deferred Revenue2.1 BB819.9 M
Slightly volatile
Retained Earnings43.8 B41.7 B14.8 B
Slightly volatile
Accounts Payable3.2 BB1.2 B
Slightly volatile
Cash8.5 B14.2 B6.3 B
Slightly volatile
Non Current Assets Total74.3 B70.7 B27.4 B
Slightly volatile
Non Currrent Assets Other3.8 B3.6 B1.4 B
Slightly volatile
Other Assets1.5 B1.8 B1.1 B
Slightly volatile
Cash And Short Term Investments14 B22.9 B10.3 B
Slightly volatile
Net Receivables718.7 M663.8 M564.5 M
Slightly volatile
Good Will4.4 B4.9 B3.7 B
Slightly volatile
Common Stock Total Equity520.9 K636 K480.7 K
Slightly volatile
Common Stock Shares Outstanding850.4 M964.8 M792.4 M
Slightly volatile
Liabilities And Stockholders Equity106.8 B101.7 B41.7 B
Slightly volatile
Non Current Liabilities Total9.8 B9.3 B2.4 B
Slightly volatile
Capital Surpluse20.6 B30.7 B15.4 B
Slightly volatile
Inventory41.9 M32.3 M29.7 M
Slightly volatile
Other Current Assets7.8 B7.4 B2.5 B
Slightly volatile
Other Stockholder Equity20.3 B27.2 B15.2 B
Slightly volatile
Total Liabilities34 B32.4 B10.9 B
Slightly volatile
Long Term Investments18.9 B18 B5.1 B
Slightly volatile
Total Current Assets18 B31 B13.5 B
Slightly volatile
Short Term Debt9.6 B9.1 B2.6 B
Slightly volatile
Intangible Assets3.3 B6.5 B2.6 B
Slightly volatile
Common Stock540.1 K603.8 K475.9 K
Slightly volatile
Property Plant Equipment35.8 B34.1 B13.1 B
Slightly volatile
Cash And Equivalents9.8 B13.4 B10.3 B
Very volatile
Net Invested Capital53.1 B85.8 B39.3 B
Slightly volatile
Net Working Capital8.2 B6.2 BB
Very volatile
Capital Stock584.5 K603.8 K535 K
Slightly volatile

ZTO Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.5 B3.3 B1.2 B
Slightly volatile
Interest Expense349.6 M333 M86.9 M
Slightly volatile
Selling General Administrative1.4 B2.6 BB
Slightly volatile
Total Revenue22.2 B44.2 B17.7 B
Slightly volatile
Gross Profit14.1 B13.4 B5.5 B
Slightly volatile
Other Operating Expenses17.1 B32.7 B13.7 B
Slightly volatile
Operating Income12.1 B11.5 B4.3 B
Slightly volatile
Net Income From Continuing Ops10.5 B10 B3.8 B
Slightly volatile
EBIT13.3 B12.6 B4.5 B
Slightly volatile
EBITDA16.7 B15.9 B5.7 B
Slightly volatile
Cost Of Revenue16 B30.8 B12.7 B
Slightly volatile
Total Operating Expenses1.1 B1.9 B923.6 M
Slightly volatile
Income Before Tax12.9 B12.3 B4.9 B
Slightly volatile
Net Income Applicable To Common Shares3.9 B7.8 B3.2 B
Slightly volatile
Net Income10.6 B10.1 BB
Slightly volatile
Income Tax Expense2.3 B2.2 B916 M
Slightly volatile
Minority Interest58.8 M52.2 M40.4 M
Slightly volatile
Tax Provision1.1 B2.1 B887.6 M
Slightly volatile
Interest Income570.1 M709.7 M441.2 M
Slightly volatile
Net Interest Income335.4 M360.3 M207.9 M
Slightly volatile
Reconciled Depreciation1.9 B3.3 B1.3 B
Slightly volatile

ZTO Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation204.8 M293.2 M147.6 M
Slightly volatile
Begin Period Cash Flow7.4 B14.5 B5.6 B
Slightly volatile
Depreciation3.5 B3.3 B1.2 B
Slightly volatile
Capital Expenditures5.6 B7.7 B4.2 B
Slightly volatile
Total Cash From Operating Activities16.1 B15.4 B5.8 B
Slightly volatile
Net Income10.6 B10.1 B3.9 B
Slightly volatile
End Period Cash Flow8.7 B15 B6.5 B
Slightly volatile
Change To Liabilities1.1 B1.1 B414.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.463.6417.6748
Slightly volatile
Dividend Yield0.01610.01530.0071
Slightly volatile
PTB Ratio2.222.3417.4239
Slightly volatile
Days Sales Outstanding6.864.947.2429
Slightly volatile
Book Value Per Share34.5365.7434.328
Slightly volatile
Operating Cash Flow Per Share15.314.576.7158
Slightly volatile
Stock Based Compensation To Revenue0.01030.00760.007
Slightly volatile
Capex To Depreciation2.532.677.0414
Slightly volatile
PB Ratio2.222.3417.4239
Slightly volatile
EV To Sales3.553.7417.5163
Slightly volatile
ROIC0.110.120.1053
Pretty Stable
Inventory Turnover901858509
Slightly volatile
Net Income Per Share10.029.544.6747
Slightly volatile
Days Of Inventory On Hand0.420.440.9061
Pretty Stable
Payables Turnover12.9411.7913.4526
Slightly volatile
Capex To Revenue0.20.160.2265
Very volatile
Cash Per Share13.1721.712.5191
Slightly volatile
POCF Ratio9.9510.4864.1255
Slightly volatile
Interest Coverage37.7639.75640
Pretty Stable
Payout Ratio0.320.270.3939
Slightly volatile
Capex To Operating Cash Flow0.750.450.8465
Very volatile
Days Payables Outstanding25.7332.0528.7178
Slightly volatile
Income Quality1.61.761.7746
Slightly volatile
ROE0.140.170.1293
Pretty Stable
EV To Operating Cash Flow10.2110.7463.474
Slightly volatile
PE Ratio15.216.0141
Slightly volatile
Return On Tangible Assets0.150.130.1489
Slightly volatile
Earnings Yield0.06790.06470.027
Slightly volatile
Intangibles To Total Assets0.250.130.3098
Slightly volatile
Current Ratio2.451.551.7676
Slightly volatile
Tangible Book Value Per Share57.6954.9428.5664
Slightly volatile
Receivables Turnover53.1976.5558.1772
Slightly volatile
Graham Number12411861.5325
Slightly volatile
Shareholders Equity Per Share34.3865.2234.1588
Slightly volatile
Debt To Equity0.240.230.1
Slightly volatile
Capex Per Share5.067.274.9739
Slightly volatile
Revenue Per Share43.9941.922.6784
Slightly volatile
Interest Debt Per Share18.0117.155.2226
Slightly volatile
Debt To Assets0.160.17450.0699
Slightly volatile
Enterprise Value Over EBITDA9.8410.3672.4836
Slightly volatile
Short Term Coverage Ratios1.881.984.1224
Slightly volatile
Price Earnings Ratio15.216.0141
Slightly volatile
Operating Cycle7.745.288.1715
Slightly volatile
Price Book Value Ratio2.222.3417.4239
Slightly volatile
Days Of Payables Outstanding25.7332.0528.7178
Slightly volatile
Dividend Payout Ratio0.320.270.3939
Slightly volatile
Price To Operating Cash Flows Ratio9.9510.4864.1255
Slightly volatile
Pretax Profit Margin0.280.320.2344
Slightly volatile
Ebt Per Ebit0.950.961.1124
Pretty Stable
Operating Profit Margin0.240.30.2097
Slightly volatile
Effective Tax Rate0.220.210.2376
Slightly volatile
Company Equity Multiplier1.041.331.3302
Slightly volatile
Long Term Debt To Capitalization0.120.10520.1123
Slightly volatile
Total Debt To Capitalization0.190.180.085
Slightly volatile
Return On Capital Employed0.150.170.1483
Slightly volatile
Debt Equity Ratio0.240.230.1
Slightly volatile
Ebit Per Revenue0.240.30.2097
Slightly volatile
Quick Ratio2.451.541.7625
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.821.381.0228
Pretty Stable
Net Income Per E B T0.640.740.7532
Slightly volatile
Cash Ratio1.190.710.8222
Slightly volatile
Operating Cash Flow Sales Ratio0.220.310.2743
Very volatile
Days Of Inventory Outstanding0.420.440.9061
Pretty Stable
Days Of Sales Outstanding6.864.947.2429
Slightly volatile
Cash Flow Coverage Ratios0.951.04.4255
Slightly volatile
Price To Book Ratio2.222.3417.4239
Slightly volatile
Fixed Asset Turnover2.271.342.5643
Slightly volatile
Capital Expenditure Coverage Ratio0.961.81.2632
Very volatile
Price Cash Flow Ratio9.9510.4864.1255
Slightly volatile
Enterprise Value Multiple9.8410.3672.4836
Slightly volatile
Debt Ratio0.160.17450.0699
Slightly volatile
Cash Flow To Debt Ratio0.951.04.4255
Slightly volatile
Price Sales Ratio3.463.6417.6748
Slightly volatile
Return On Assets0.110.09890.0958
Slightly volatile
Asset Turnover0.550.50.5746
Slightly volatile
Net Profit Margin0.160.20.1753
Slightly volatile
Gross Profit Margin0.320.350.2975
Very volatile
Price Fair Value2.222.3417.4239
Slightly volatile
Return On Equity0.140.170.1293
Pretty Stable

ZTO Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap162.2 B140 B148.3 B
Very volatile
Enterprise Value157.9 B143.6 B145.8 B
Pretty Stable

ZTO Fundamental Market Drivers

Forward Price Earnings11.0497
Cash And Short Term Investments19.9 B

ZTO Upcoming Events

20th of March 2024
Upcoming Quarterly Report
View
15th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ZTO Express Financial Statements

ZTO Express investors utilize fundamental indicators, such as revenue or net income, to predict how ZTO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueB2.1 B
Total Revenue44.2 B22.2 B
Cost Of Revenue30.8 B16 B
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.16  0.20 
Revenue Per Share 41.90  43.99 
Ebit Per Revenue 0.30  0.24 

Pair Trading with ZTO Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ZTO Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ZTO Express will appreciate offsetting losses from the drop in the long position's value.

Moving against ZTO Stock

  0.62GXO GXO LogisticsPairCorr
  0.57FWRD Forward AirPairCorr
  0.51JBHT JB Hunt Transport Sell-off TrendPairCorr
  0.45LSTR Landstar SystemPairCorr
  0.44HUBG Hub GroupPairCorr
The ability to find closely correlated positions to ZTO Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ZTO Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ZTO Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ZTO Express to buy it.
The correlation of ZTO Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ZTO Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ZTO Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ZTO Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ZTO Express offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZTO Express' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zto Express Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zto Express Stock:
Check out the analysis of ZTO Express Correlation against competitors.
To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZTO Express. If investors know ZTO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZTO Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.021
Dividend Share
6.852
Earnings Share
1.45
Revenue Per Share
52.114
Quarterly Revenue Growth
0.176
The market value of ZTO Express is measured differently than its book value, which is the value of ZTO that is recorded on the company's balance sheet. Investors also form their own opinion of ZTO Express' value that differs from its market value or its book value, called intrinsic value, which is ZTO Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZTO Express' market value can be influenced by many factors that don't directly affect ZTO Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZTO Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZTO Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZTO Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.