ZTO Express (Cayman) Inc.

NYSE:ZTO Stock Report

Market Cap: US$15.9b

ZTO Express (Cayman) Balance Sheet Health

Financial Health criteria checks 4/6

ZTO Express (Cayman) has a total shareholder equity of CN¥61.1B and total debt of CN¥17.7B, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CN¥93.3B and CN¥32.2B respectively. ZTO Express (Cayman)'s EBIT is CN¥11.2B making its interest coverage ratio -17.3. It has cash and short-term investments of CN¥22.9B.

Key information

29.0%

Debt to equity ratio

CN¥17.75b

Debt

Interest coverage ratio-17.3x
CashCN¥22.92b
EquityCN¥61.12b
Total liabilitiesCN¥32.20b
Total assetsCN¥93.32b

Recent financial health updates

Is ZTO Express (Cayman) (NYSE:ZTO) Using Too Much Debt?

Jun 25
Is ZTO Express (Cayman) (NYSE:ZTO) Using Too Much Debt?

We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

Dec 26
We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

Recent updates

ZTO Express: Expect An Extended Price War, Downgrade To Hold

Nov 22

ZTO Express (Cayman)'s (NYSE:ZTO) Returns Have Hit A Wall

Nov 18
ZTO Express (Cayman)'s (NYSE:ZTO) Returns Have Hit A Wall

ZTO Express: A Mix Of Positives And Negatives

Nov 06

ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Could Be 45% Below Their Intrinsic Value Estimate

Oct 18
ZTO Express (Cayman) Inc. (NYSE:ZTO) Shares Could Be 45% Below Their Intrinsic Value Estimate

ZTO Express (Cayman) Inc. (NYSE:ZTO) Looks Just Right With A 26% Price Jump

Oct 03
ZTO Express (Cayman) Inc. (NYSE:ZTO) Looks Just Right With A 26% Price Jump

ZTO Express: Expecting Accelerating Volume Growth In H2

Aug 22

Returns Are Gaining Momentum At ZTO Express (Cayman) (NYSE:ZTO)

Aug 17
Returns Are Gaining Momentum At ZTO Express (Cayman) (NYSE:ZTO)

Is ZTO Express (Cayman) (NYSE:ZTO) Using Too Much Debt?

Jun 25
Is ZTO Express (Cayman) (NYSE:ZTO) Using Too Much Debt?

ZTO Express: Still Undervalued Despite Unexpected Market Share Loss

Jun 12

Market Still Lacking Some Conviction On ZTO Express (Cayman) Inc. (NYSE:ZTO)

Jun 10
Market Still Lacking Some Conviction On ZTO Express (Cayman) Inc. (NYSE:ZTO)

Does This Valuation Of ZTO Express (Cayman) Inc. (NYSE:ZTO) Imply Investors Are Overpaying?

May 08
Does This Valuation Of ZTO Express (Cayman) Inc. (NYSE:ZTO) Imply Investors Are Overpaying?

ZTO Express (Cayman) (NYSE:ZTO) Has More To Do To Multiply In Value Going Forward

Apr 18
ZTO Express (Cayman) (NYSE:ZTO) Has More To Do To Multiply In Value Going Forward

ZTO Express: Getting Better And Cheaper

Mar 25

ZTO Express: Expecting In-Line Fourth Quarter Results

Feb 19

Is ZTO Express (Cayman) Inc. (NYSE:ZTO) Trading At A 33% Discount?

Jan 26
Is ZTO Express (Cayman) Inc. (NYSE:ZTO) Trading At A 33% Discount?

We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

Dec 26
We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

ZTO Momentum Slows In Third Quarter As Headwinds Build

Nov 28

ZTO Express: Best-In-Class And Trading At Significant Discount

Nov 20

ZTO Express: A Good Company In A Tough Industry

Oct 17

ZTO Express: Staying On The Sidelines

Aug 08

ZTO Express: Watch Industry Data And Company Guidance

May 30

ZTO Express: Consider 2023 Outlook And Share Price Outperformance

Feb 09

ZTO Express: Market Share Gains Negated By Weak Economic Environment

Aug 23

ZTO Express Q2 2022 Earnings Preview

Aug 16

Financial Position Analysis

Short Term Liabilities: ZTO's short term assets (CN¥30.2B) do not cover its short term liabilities (CN¥31.3B).

Long Term Liabilities: ZTO's short term assets (CN¥30.2B) exceed its long term liabilities (CN¥915.2M).

Debt to Equity History and Analysis

Debt Level: ZTO has more cash than its total debt.

Reducing Debt: ZTO's debt to equity ratio has increased from 0% to 29% over the past 5 years.

Debt Coverage: ZTO's debt is well covered by operating cash flow (70.7%).

Interest Coverage: ZTO earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ZTO Express (Cayman) Inc. is covered by 42 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yifan ZhouBOCI Research Ltd.
Yiqun ChenBOCI Research Ltd.
Fan TsoBofA Global Research