ZTO Express (Cayman) Inc. (ZTO)
NYSE: ZTO · Real-Time Price · USD
21.19
-0.13 (-0.61%)
At close: Aug 27, 2026, 4:00 PM EDT
21.03
-0.16 (-0.76%)
After-hours: Aug 27, 2026, 7:37 PM EDT
ZTO Express Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 9,907 | 10,012 | 13,465 | 12,334 | 11,693 | 9,721 |
Short-Term Investments | 21,401 | 15,810 | 9,031 | 7,559 | 5,884 | 2,998 |
Cash & Short-Term Investments | 31,308 | 25,821 | 22,496 | 19,893 | 17,577 | 12,719 |
Cash Growth | 18.03% | 14.78% | 13.09% | 13.18% | 38.19% | -29.26% |
Accounts Receivable | 1,767 | 1,308 | 1,515 | 578.37 | 848.45 | 976.82 |
Other Receivables | - | 672.72 | 402.84 | 135.1 | 253.19 | 194.12 |
Receivables | 2,722 | 2,738 | 3,200 | 1,991 | 2,284 | 2,282 |
Inventory | 31 | 40.65 | 38.57 | 28.07 | 40.54 | 82.96 |
Prepaid Expenses | - | 86.38 | 93.63 | 102.44 | 119.94 | 133.02 |
Restricted Cash | 44.64 | 29.13 | 37.52 | 686.57 | 895.48 | 27.74 |
Other Current Assets | 5,970 | 5,250 | 4,488 | 4,252 | 3,558 | 3,421 |
Total Current Assets | 40,075 | 33,965 | 30,354 | 26,954 | 24,475 | 18,666 |
Property, Plant & Equipment | 36,187 | 35,832 | 34,482 | 32,853 | 29,622 | 25,827 |
Long-Term Investments | 8,680 | 7,173 | 13,889 | 15,626 | 11,273 | 4,945 |
Goodwill | 4,157 | 4,157 | 4,242 | 4,242 | 4,242 | 4,242 |
Other Intangible Assets | 6,940 | 6,815 | 6,187 | 5,660 | 5,472 | 5,371 |
Long-Term Deferred Tax Assets | 1,234 | 1,104 | 984.57 | 879.77 | 750.1 | 934.85 |
Other Long-Term Assets | 499.47 | 938.98 | 919.33 | 701.76 | 816.84 | 762.27 |
Total Assets | 98,744 | 91,024 | 92,340 | 88,465 | 78,524 | 62,772 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 3,200 | 2,621 | 2,518 | 2,611 | 2,452 | 2,155 |
Accrued Expenses | - | 1,681 | 1,952 | 1,596 | 1,525 | 1,437 |
Short-Term Debt | 11,621 | 10,934 | 9,514 | 7,766 | 5,394 | 3,459 |
Current Portion of Long-Term Debt | - | - | 7,270 | - | - | - |
Current Portion of Leases | 89.21 | 139.79 | 183.37 | 186.25 | 229.72 | 251 |
Current Income Taxes Payable | 314.13 | 279.54 | 488.89 | 333.26 | 228.42 | 86.79 |
Current Unearned Revenue | 1,873 | 1,833 | 1,565 | 1,746 | 1,375 | 1,227 |
Other Current Liabilities | 6,868 | 5,380 | 4,782 | 5,823 | 5,201 | 4,381 |
Total Current Liabilities | 23,966 | 22,869 | 28,273 | 20,061 | 16,405 | 12,996 |
Long-Term Debt | 10,203 | 142.11 | - | 7,030 | 6,789 | - |
Long-Term Leases | 126.65 | 261.26 | 377.72 | 455.88 | 510.35 | 556.09 |
Long-Term Deferred Tax Liabilities | 710.38 | 615.07 | 1,015 | 638.2 | 346.47 | 292.36 |
Total Liabilities | 35,005 | 23,888 | 29,665 | 28,185 | 24,051 | 13,845 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.5 | 0.51 | 0.52 | 0.53 | 0.54 | 0.54 |
Additional Paid-In Capital | 22,188 | 24,001 | 24,390 | 24,202 | 26,718 | 28,229 |
Retained Earnings | 42,910 | 42,919 | 39,099 | 36,301 | 29,459 | 22,717 |
Treasury Stock | -1,181 | -254.48 | -1,132 | -510.99 | -2,063 | -2,067 |
Comprehensive Income & Other | -268.62 | -281.27 | -294.69 | -190.72 | -86.67 | -242.1 |
Total Common Equity | 63,649 | 66,384 | 62,062 | 59,802 | 54,029 | 48,637 |
Minority Interest | 89 | 752.08 | 612.44 | 478.66 | 443.92 | 290.33 |
Shareholders' Equity | 63,738 | 67,136 | 62,675 | 60,280 | 54,472 | 48,928 |
Total Liabilities & Equity | 98,744 | 91,024 | 92,340 | 88,465 | 78,524 | 62,772 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 22,040 | 11,478 | 17,345 | 15,438 | 12,923 | 4,266 |
Net Cash (Debt) | 9,268 | 14,344 | 5,151 | 4,455 | 4,654 | 8,454 |
Net Cash Growth | 21.14% | 178.45% | 15.62% | -4.26% | -44.95% | -46.49% |
Net Cash Per Share | 11.46 | 17.48 | 6.14 | 5.31 | 5.67 | 10.31 |
Filing Date Shares Outstanding | 760.32 | 790.81 | 798.62 | 804.72 | 808.09 | 809.73 |
Total Common Shares Outstanding | 760.32 | 790.81 | 798.62 | 804.72 | 809.25 | 808.45 |
Working Capital | 16,110 | 11,096 | 2,080 | 6,892 | 8,070 | 5,670 |
Book Value Per Share | 83.71 | 83.94 | 77.71 | 74.31 | 66.76 | 60.16 |
Tangible Book Value | 52,552 | 55,412 | 51,634 | 49,900 | 44,315 | 39,025 |
Tangible Book Value Per Share | 69.12 | 70.07 | 64.65 | 62.01 | 54.76 | 48.27 |
Buildings | 31,412 | 29,834 | 24,775 | 21,732 | 14,996 | 11,728 |
Machinery | 18,185 | 17,778 | 16,582 | 15,428 | 14,281 | 13,329 |
Construction In Progress | 2,002 | 2,277 | 4,649 | 4,930 | 7,373 | 5,572 |
Leasehold Improvements | 1,268 | 1,266 | 1,174 | 1,085 | 923.29 | 769.22 |