ZTO Free Cash Flow Yield vs Begin Period Cash Flow Analysis

ZTO Stock  USD 18.67  0.23  1.22%   
ZTO Express financial indicator trend analysis is more than just analyzing ZTO Express current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZTO Express is a good investment. Please check the relationship between ZTO Express Free Cash Flow Yield and its Begin Period Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZTO Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.

Free Cash Flow Yield vs Begin Period Cash Flow

Free Cash Flow Yield vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZTO Express Free Cash Flow Yield account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between ZTO Express' Free Cash Flow Yield and Begin Period Cash Flow is 0.32. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of ZTO Express, assuming nothing else is changed. The correlation between historical values of ZTO Express' Free Cash Flow Yield and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of ZTO Express are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., ZTO Express' Free Cash Flow Yield and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from ZTO Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZTO Express current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZTO Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.As of the 12th of December 2024, Enterprise Value is likely to grow to about 157.9 B, while Selling General Administrative is likely to drop about 1.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense126.5M190.5M289.5M304.0M
Depreciation And Amortization2.2B2.7B2.9B3.0B

ZTO Express fundamental ratios Correlations

0.750.980.880.990.940.990.920.95-0.030.921.00.870.920.940.780.90.680.80.970.430.720.940.730.830.91
0.750.790.950.690.610.660.90.730.490.910.730.590.920.660.40.560.30.530.680.610.990.570.320.930.54
0.980.790.90.960.890.950.930.940.050.910.970.840.920.940.770.820.580.750.930.490.750.880.690.880.85
0.880.950.90.850.780.820.990.850.270.990.870.740.990.820.640.730.510.70.840.60.920.760.580.960.74
0.990.690.960.850.961.00.90.93-0.140.90.990.880.890.940.830.940.740.830.980.380.650.970.80.790.96
0.940.610.890.780.960.960.830.85-0.150.840.960.810.820.850.720.960.770.860.970.240.60.960.780.660.94
0.990.660.950.821.00.960.880.93-0.150.880.990.870.870.940.820.940.750.810.990.350.630.970.780.760.96
0.920.90.930.990.90.830.880.890.180.990.910.781.00.880.740.780.60.720.880.590.860.830.670.950.81
0.950.730.940.850.930.850.930.890.080.890.940.750.890.970.780.790.670.680.90.580.70.840.640.80.81
-0.030.490.050.27-0.14-0.15-0.150.180.080.19-0.04-0.390.19-0.07-0.35-0.28-0.16-0.29-0.140.630.53-0.32-0.470.23-0.36
0.920.910.910.990.90.840.880.990.890.190.910.771.00.870.710.80.610.740.890.590.870.830.640.920.81
1.00.730.970.870.990.960.990.910.94-0.040.910.840.910.940.790.910.720.820.980.420.70.950.760.80.93
0.870.590.840.740.880.810.870.780.75-0.390.770.840.780.810.750.860.450.820.880.070.550.90.750.760.89
0.920.920.920.990.890.820.871.00.890.191.00.910.780.870.710.780.580.720.870.590.880.820.640.950.8
0.940.660.940.820.940.850.940.880.97-0.070.870.940.810.870.90.80.70.680.90.550.610.880.730.790.86
0.780.40.770.640.830.720.820.740.78-0.350.710.790.750.710.90.70.680.610.780.430.310.830.870.640.84
0.90.560.820.730.940.960.940.780.79-0.280.80.910.860.780.80.70.760.890.950.140.550.970.770.620.96
0.680.30.580.510.740.770.750.60.67-0.160.610.720.450.580.70.680.760.560.70.340.290.750.750.350.79
0.80.530.750.70.830.860.810.720.68-0.290.740.820.820.720.680.610.890.560.840.060.520.890.760.610.86
0.970.680.930.840.980.970.990.880.9-0.140.890.980.880.870.90.780.950.70.840.310.650.970.760.760.95
0.430.610.490.60.380.240.350.590.580.630.590.420.070.590.550.430.140.340.060.310.580.210.120.570.19
0.720.990.750.920.650.60.630.860.70.530.870.70.550.880.610.310.550.290.520.650.580.530.240.880.5
0.940.570.880.760.970.960.970.830.84-0.320.830.950.90.820.880.830.970.750.890.970.210.530.860.690.99
0.730.320.690.580.80.780.780.670.64-0.470.640.760.750.640.730.870.770.750.760.760.120.240.860.540.89
0.830.930.880.960.790.660.760.950.80.230.920.80.760.950.790.640.620.350.610.760.570.880.690.540.67
0.910.540.850.740.960.940.960.810.81-0.360.810.930.890.80.860.840.960.790.860.950.190.50.990.890.67
Click cells to compare fundamentals

ZTO Express Account Relationship Matchups

ZTO Express fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.9B59.2B62.8B78.5B88.5B48.3B
Short Long Term Debt Total803.2M2.5B4.4B13.1B15.4B16.2B
Other Current Liab3.7B5.7B7.1B8.4B9.2B4.9B
Total Current Liabilities6.7B9.3B13.0B16.4B20.1B21.1B
Total Stockholder Equity38.3B49.0B48.6B54.0B59.8B37.0B
Other Liab301.7M255.0M292.4M346.5M398.4M224.7M
Net Tangible Assets31.5B40.3B39.0B44.3B51.0B26.0B
Property Plant And Equipment Net13.4B19.4B25.8B29.6B32.9B34.5B
Current Deferred Revenue1.2B1.1B1.2B1.4B1.7B893.4M
Net Debt(4.5B)(11.7B)(5.3B)1.4B3.1B3.3B
Retained Earnings16.7B21.0B22.7B29.5B36.3B38.1B
Accounts Payable1.5B1.6B2.0B2.2B2.6B1.4B
Cash5.3B14.2B9.7B11.7B12.3B8.5B
Non Current Assets Total25.8B36.9B44.1B54.0B61.5B64.6B
Non Currrent Assets Other2.1B3.0B2.8B2.7B3.1B1.6B
Other Assets1.6B3.7B3.7B1.6B1.8B1.5B
Cash And Short Term Investments16.4B17.9B12.6B17.4B19.9B14.0B
Net Receivables1.3B761M976.8M848.5M577.2M718.7M
Common Stock Shares Outstanding752.7M784.3M796.1M820.0M838.9M850.4M
Short Term Investments11.1B3.7B2.8B5.8B7.6B5.5B
Liabilities And Stockholders Equity45.9B59.2B62.8B78.5B88.5B48.3B
Non Current Liabilities Total806.2M757.5M848.4M7.6B8.1B8.5B
Capital Surpluse22.3B30.6B28.2B26.7B30.7B20.6B
Capital Lease Obligations803.2M748.9M807.1M740.1M642.1M411.5M
Inventory43.8M53.1M83.0M40.5M28.1M41.9M
Other Current Assets292.7M3.5B4.9B6.0B6.5B6.8B
Other Stockholder Equity20.9B28.0B26.2B24.7B23.7B20.3B
Total Liab7.5B10.1B13.8B24.1B28.2B29.6B
Long Term Investments4.1B5.1B4.9B11.3B15.6B16.4B
Property Plant And Equipment Gross13.4B19.4B25.8B29.6B43.8B46.0B
Total Current Assets20.1B22.3B18.7B24.5B27.0B18.0B
Accumulated Other Comprehensive Income675.7M(95.6M)(242.1M)(86.7M)(190.7M)(181.2M)
Treasury Stock(1.5B)(1.4B)(2.6B)(2.1B)(1.9B)(1.8B)
Short Term Debt298.7M2.0B3.9B5.6B8.0B8.3B
Intangible Assets2.6B4.4B5.4B5.5B5.7B3.3B
Common Stock523K517K553K535K525K540.1K

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

  0.88HUBG Hub GroupPairCorr
  0.83AL Air LeasePairCorr
  0.79G Genpact LimitedPairCorr
  0.75CRGO Freightos LimitedPairCorr
  0.74RLGT Radiant LogisticsPairCorr
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZTO Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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
0.028
Earnings Share
1.44
Revenue Per Share
50.089
Quarterly Revenue Growth
0.101
Return On Assets
0.0775
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.