US Stock MarketDetailed Quotes

ZTO Express (ZTO)

Watchlist

25.520
+0.230+0.91%

Close Apr 21 16:00 ET

19.65BMarket Cap15.55P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

ZTO Express (ZTO) Balance Sheet

Quarterly+Annual

YOY

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(FY)Dec 31, 2025

(Q4)Dec 31, 2025

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

Assets

Current assets

Cash, cash equivalents and short term investments

14.87%25.63B

10.35%25.29B

29.76%26.52B

17.33%23.02B

12.76%22.31B

35.30%22.92B

29.88%20.44B

6.45%19.62B

-Cash and cash equivalents

-25.65%10.01B

-19.77%9.39B

26.08%13.29B

-1.32%12.42B

9.17%13.47B

26.05%11.7B

35.48%10.54B

31.69%12.58B

-Short-term investments

76.54%15.62B

41.78%15.9B

33.68%13.23B

50.66%10.6B

18.70%8.85B

46.52%11.21B

24.41%9.9B

-20.72%7.04B

Receivables

3.30%6.47B

-7.73%1.99B

22.74%2.37B

20.24%2.09B

33.44%6.27B

-10.38%2.15B

-16.83%1.93B

-5.03%1.74B

-Accounts receivable

-26.84%1.96B

-7.16%1.91B

29.74%2.28B

30.19%2.01B

57.04%2.68B

24.09%2.06B

11.74%1.76B

-7.21%1.55B

-Accrued interest receivable

66.99%672.72M

----

198.19%402.84M

----

-Taxes receivable

11.53%3.36B

----

11.39%3.01B

----

-Related party accounts receivable

184.17%477.87M

-19.52%79.84M

-49.67%85.59M

-58.82%80.11M

13.57%168.16M

-86.74%99.21M

-77.18%170.04M

16.77%194.52M

Inventory

5.39%40.65M

74.49%48.25M

70.50%47.9M

-14.30%35.52M

37.38%38.57M

0.21%27.65M

5.47%28.1M

42.26%41.45M

Prepaid assets

-6.15%994.57M

-10.79%769.72M

-12.59%752.19M

-5.14%857.2M

3.01%1.06B

-5.01%862.79M

0.89%860.57M

8.69%903.69M

Restricted cash

-22.36%29.13M

-29.36%22.85M

1.94%22.68M

-89.25%29.26M

-94.54%37.52M

-95.92%32.35M

-97.39%22.25M

-62.66%272.27M

Other current assets

24.58%795.31M

21.27%5.05B

3.21%4.81B

9.01%4.53B

-12.10%638.37M

13.85%4.16B

31.28%4.66B

21.35%4.16B

Total current assets

11.90%33.96B

9.98%33.17B

23.56%34.52B

14.33%30.57B

12.61%30.35B

21.96%30.16B

19.72%27.94B

5.76%26.74B

Non current assets

Net PPE

3.91%35.83B

4.92%35.84B

4.90%35.35B

4.58%35.08B

4.96%34.48B

5.07%34.16B

6.30%33.7B

9.64%33.54B

-Gross PPE

7.97%51.55B

4.92%35.84B

48.12%49.92B

4.58%35.08B

8.89%47.75B

5.07%34.16B

6.30%33.7B

9.64%33.54B

-Accumulated depreciation

-18.52%-15.72B

----

---14.57B

----

-20.66%-13.26B

----

Goodwill and other intangible assets

5.21%10.97B

0.86%10.45B

3.94%10.44B

6.22%10.56B

5.32%10.43B

4.53%10.36B

1.02%10.04B

0.05%9.94B

-Goodwill

-1.99%4.16B

0.00%4.24B

-Other intangible assets

10.15%6.81B

2.84%6.29B

8.28%6.28B

10.85%6.32B

9.31%6.19B

7.92%6.12B

1.77%5.8B

0.08%5.7B

Investments and advances

-48.36%7.17B

-50.07%7.79B

-32.15%10.94B

-18.22%13.41B

-11.12%13.89B

-12.32%15.6B

8.22%16.13B

35.64%16.4B

Non current accounts receivable

-18.95%1.04B

11.95%1.54B

-5.95%1.42B

-6.07%1.49B

-17.17%1.28B

36.06%1.37B

65.36%1.51B

6.71%1.59B

Related parties assets

184.17%477.87M

-19.52%79.84M

-49.67%85.59M

-58.82%80.11M

13.57%168.16M

-86.74%99.21M

-77.18%170.04M

16.77%194.52M

Non current deferred assets

12.10%1.1B

46.12%1.04B

29.82%1.1B

16.00%1.1B

11.91%984.57M

-27.10%711.37M

-3.82%846.56M

19.35%950.53M

Other non current assets

2.14%938.98M

-24.45%720.35M

-9.82%840.08M

30.57%938.89M

31.00%919.33M

79.53%953.45M

148.77%931.6M

40.37%719.08M

Total non current assets

-7.95%57.06B

-9.16%57.38B

-4.85%60.1B

-0.88%62.58B

0.77%61.99B

0.68%63.16B

7.57%63.17B

13.94%63.14B

Total assets

-1.43%91.02B

-2.98%90.54B

3.86%94.62B

3.64%93.15B

4.38%92.34B

6.70%93.32B

11.03%91.1B

11.37%89.88B

Liabilities

Current liabilities

Payables

4.31%8.13B

-4.15%4.39B

8.28%2.92B

-19.74%5.21B

7.26%7.79B

63.38%4.58B

2.99%2.69B

42.93%6.49B

-accounts payable

4.62%2.58B

7.65%2.27B

9.79%2.42B

8.86%2.54B

-3.66%2.46B

6.13%2.11B

14.07%2.2B

13.42%2.33B

-Total tax payable

-42.82%279.54M

-17.72%260.21M

11.66%354.13M

39.54%479.58M

46.70%488.89M

-48.17%316.26M

-34.86%317.16M

11.77%343.7M

-Dividends payable

39.09%19.66M

-13.33%1.73B

-30.42%14.35M

-43.26%2.05B

813.05%14.13M

125,300.31%1.99B

1,203.98%20.62M

75.62%3.61B

-Due to related parties current

292.90%796.66M

-19.25%124.71M

-14.99%131.29M

-30.58%137.61M

-13.60%202.77M

-22.45%154.45M

-21.65%154.45M

68.89%198.24M

-Other payable

-3.63%4.46B

----

11.70%4.62B

----

Current accrued expenses

-27.40%360.9M

----

36.29%497.11M

----

Current debt and capital lease obligation

-34.73%11.07B

-34.25%11.78B

74.22%18.37B

103.13%16.7B

113.37%16.97B

82.33%17.92B

51.67%10.55B

16.90%8.22B

-Current debt

-34.85%10.93B

-34.49%11.63B

75.19%18.2B

105.54%16.53B

116.12%16.78B

85.04%17.75B

55.06%10.39B

18.27%8.04B

-Current capital lease obligation

-23.77%139.79M

-8.64%152.02M

9.39%168.75M

-3.20%176.36M

-1.55%183.37M

-28.83%166.39M

-38.64%154.26M

-22.52%182.2M

Current deferred liabilities

17.12%1.83B

3.45%1.72B

1.03%1.66B

-7.78%1.54B

-10.34%1.57B

4.18%1.66B

13.97%1.64B

24.90%1.67B

Other current liabilities

1.48%1.47B

-13.18%6.19B

-23.60%5.51B

-18.52%5.6B

-46.93%1.45B

3.25%7.13B

7.28%7.21B

11.11%6.88B

Current liabilities

-19.11%22.87B

-23.04%24.07B

28.82%28.45B

24.92%29.06B

40.94%28.27B

48.08%31.28B

24.60%22.09B

21.77%23.26B

Non current liabilities

Long term debt and capital lease obligation

6.79%403.37M

56.18%584.22M

-93.35%501.86M

-94.97%380.22M

-94.95%377.72M

-95.12%374.06M

-1.31%7.55B

4.30%7.56B

-Long term debt

--142.11M

--289.35M

-97.51%180M

-99.76%17M

----

0.81%7.22B

5.76%7.16B

-Long term capital lease obligation

-30.83%261.26M

-21.17%294.87M

-2.14%321.86M

-10.11%363.22M

-17.15%377.72M

-16.60%374.06M

-32.50%328.91M

-16.17%404.07M

Non current deferred liabilities

-39.37%615.07M

-4.30%517.85M

63.17%808.35M

28.14%847.07M

58.97%1.01B

56.28%541.12M

42.57%495.41M

94.56%661.05M

Total non current liabilities

-26.85%1.02B

20.42%1.1B

-83.71%1.31B

-85.08%1.23B

-82.86%1.39B

-88.57%915.17M

0.60%8.04B

8.34%8.22B

Total liabilities

-19.48%23.89B

-21.81%25.18B

-1.21%29.76B

-3.82%30.28B

5.25%29.67B

10.52%32.2B

17.14%30.13B

17.95%31.49B

Shareholders'equity

Share capital

-1.91%513K

-0.76%519K

-1.14%519K

-0.38%523K

-0.76%523K

-0.57%525K

-1.50%525K

-common stock

-1.91%513K

-0.76%519K

-1.14%519K

-0.38%523K

-0.76%523K

-0.57%525K

-1.50%525K

Retained earnings

9.77%42.92B

12.08%41.15B

10.15%40.35B

12.91%38.42B

7.71%39.1B

6.70%36.72B

13.33%36.63B

10.59%34.02B

Paid-in capital

-1.60%24B

-0.09%24.36B

-0.49%24.36B

-0.47%24.36B

0.78%24.39B

0.37%24.38B

0.40%24.48B

-1.05%24.47B

Less: Treasury stock

-77.52%254.48M

62.63%548.93M

-28.14%271.03M

121.51%1.13B

-38.16%337.54M

-34.09%377.16M

-79.75%377.16M

Gains losses not affecting retained earnings

4.56%-281.27M

-51.37%-258.22M

20.80%-244.16M

-4.74%-285.99M

-54.51%-294.69M

34.74%-170.59M

-34.88%-308.28M

-305.12%-273.05M

Total stockholders'equity

6.96%66.38B

6.79%64.71B

6.24%64.2B

7.56%62.21B

3.78%62.06B

4.66%60.59B

8.09%60.43B

7.99%57.84B

Noncontrolling interests

22.80%752.08M

24.16%658.89M

20.29%658.2M

19.07%651.35M

27.95%612.44M

22.19%530.68M

27.48%547.2M

24.78%547.03M

Total equity

7.12%67.14B

6.94%65.37B

6.37%64.86B

7.66%62.87B

3.97%62.67B

4.79%61.12B

8.24%60.97B

8.12%58.39B

Currency Unit

CNY

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(FY)Dec 31, 2025	(Q4)Dec 31, 2025	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments	14.87%25.63B	14.87%25.63B	10.35%25.29B	29.76%26.52B	17.33%23.02B	12.76%22.31B	12.76%22.31B	35.30%22.92B	29.88%20.44B	6.45%19.62B
-Cash and cash equivalents	-25.65%10.01B	-25.65%10.01B	-19.77%9.39B	26.08%13.29B	-1.32%12.42B	9.17%13.47B	9.17%13.47B	26.05%11.7B	35.48%10.54B	31.69%12.58B
-Short-term investments	76.54%15.62B	76.54%15.62B	41.78%15.9B	33.68%13.23B	50.66%10.6B	18.70%8.85B	18.70%8.85B	46.52%11.21B	24.41%9.9B	-20.72%7.04B
Receivables	3.30%6.47B	3.30%6.47B	-7.73%1.99B	22.74%2.37B	20.24%2.09B	33.44%6.27B	33.44%6.27B	-10.38%2.15B	-16.83%1.93B	-5.03%1.74B
-Accounts receivable	-26.84%1.96B	-26.84%1.96B	-7.16%1.91B	29.74%2.28B	30.19%2.01B	57.04%2.68B	57.04%2.68B	24.09%2.06B	11.74%1.76B	-7.21%1.55B
-Accrued interest receivable	66.99%672.72M	66.99%672.72M	----	----	----	198.19%402.84M	198.19%402.84M	----	----	----
-Taxes receivable	11.53%3.36B	11.53%3.36B	----	----	----	11.39%3.01B	11.39%3.01B	----	----	----
-Related party accounts receivable	184.17%477.87M	184.17%477.87M	-19.52%79.84M	-49.67%85.59M	-58.82%80.11M	13.57%168.16M	13.57%168.16M	-86.74%99.21M	-77.18%170.04M	16.77%194.52M
Inventory	5.39%40.65M	5.39%40.65M	74.49%48.25M	70.50%47.9M	-14.30%35.52M	37.38%38.57M	37.38%38.57M	0.21%27.65M	5.47%28.1M	42.26%41.45M
Prepaid assets	-6.15%994.57M	-6.15%994.57M	-10.79%769.72M	-12.59%752.19M	-5.14%857.2M	3.01%1.06B	3.01%1.06B	-5.01%862.79M	0.89%860.57M	8.69%903.69M
Restricted cash	-22.36%29.13M	-22.36%29.13M	-29.36%22.85M	1.94%22.68M	-89.25%29.26M	-94.54%37.52M	-94.54%37.52M	-95.92%32.35M	-97.39%22.25M	-62.66%272.27M
Other current assets	24.58%795.31M	24.58%795.31M	21.27%5.05B	3.21%4.81B	9.01%4.53B	-12.10%638.37M	-12.10%638.37M	13.85%4.16B	31.28%4.66B	21.35%4.16B
Total current assets	11.90%33.96B	11.90%33.96B	9.98%33.17B	23.56%34.52B	14.33%30.57B	12.61%30.35B	12.61%30.35B	21.96%30.16B	19.72%27.94B	5.76%26.74B
Non current assets
Net PPE	3.91%35.83B	3.91%35.83B	4.92%35.84B	4.90%35.35B	4.58%35.08B	4.96%34.48B	4.96%34.48B	5.07%34.16B	6.30%33.7B	9.64%33.54B
-Gross PPE	7.97%51.55B	7.97%51.55B	4.92%35.84B	48.12%49.92B	4.58%35.08B	8.89%47.75B	8.89%47.75B	5.07%34.16B	6.30%33.7B	9.64%33.54B
-Accumulated depreciation	-18.52%-15.72B	-18.52%-15.72B	----	---14.57B	----	-20.66%-13.26B	-20.66%-13.26B	----	----	----
Goodwill and other intangible assets	5.21%10.97B	5.21%10.97B	0.86%10.45B	3.94%10.44B	6.22%10.56B	5.32%10.43B	5.32%10.43B	4.53%10.36B	1.02%10.04B	0.05%9.94B
-Goodwill	-1.99%4.16B	-1.99%4.16B	-1.99%4.16B	-1.99%4.16B	0.00%4.24B	0.00%4.24B	0.00%4.24B	0.00%4.24B	0.00%4.24B	0.00%4.24B
-Other intangible assets	10.15%6.81B	10.15%6.81B	2.84%6.29B	8.28%6.28B	10.85%6.32B	9.31%6.19B	9.31%6.19B	7.92%6.12B	1.77%5.8B	0.08%5.7B
Investments and advances	-48.36%7.17B	-48.36%7.17B	-50.07%7.79B	-32.15%10.94B	-18.22%13.41B	-11.12%13.89B	-11.12%13.89B	-12.32%15.6B	8.22%16.13B	35.64%16.4B
Non current accounts receivable	-18.95%1.04B	-18.95%1.04B	11.95%1.54B	-5.95%1.42B	-6.07%1.49B	-17.17%1.28B	-17.17%1.28B	36.06%1.37B	65.36%1.51B	6.71%1.59B
Related parties assets	184.17%477.87M	184.17%477.87M	-19.52%79.84M	-49.67%85.59M	-58.82%80.11M	13.57%168.16M	13.57%168.16M	-86.74%99.21M	-77.18%170.04M	16.77%194.52M
Non current deferred assets	12.10%1.1B	12.10%1.1B	46.12%1.04B	29.82%1.1B	16.00%1.1B	11.91%984.57M	11.91%984.57M	-27.10%711.37M	-3.82%846.56M	19.35%950.53M
Other non current assets	2.14%938.98M	2.14%938.98M	-24.45%720.35M	-9.82%840.08M	30.57%938.89M	31.00%919.33M	31.00%919.33M	79.53%953.45M	148.77%931.6M	40.37%719.08M
Total non current assets	-7.95%57.06B	-7.95%57.06B	-9.16%57.38B	-4.85%60.1B	-0.88%62.58B	0.77%61.99B	0.77%61.99B	0.68%63.16B	7.57%63.17B	13.94%63.14B
Total assets	-1.43%91.02B	-1.43%91.02B	-2.98%90.54B	3.86%94.62B	3.64%93.15B	4.38%92.34B	4.38%92.34B	6.70%93.32B	11.03%91.1B	11.37%89.88B
Liabilities
Current liabilities
Payables	4.31%8.13B	4.31%8.13B	-4.15%4.39B	8.28%2.92B	-19.74%5.21B	7.26%7.79B	7.26%7.79B	63.38%4.58B	2.99%2.69B	42.93%6.49B
-accounts payable	4.62%2.58B	4.62%2.58B	7.65%2.27B	9.79%2.42B	8.86%2.54B	-3.66%2.46B	-3.66%2.46B	6.13%2.11B	14.07%2.2B	13.42%2.33B
-Total tax payable	-42.82%279.54M	-42.82%279.54M	-17.72%260.21M	11.66%354.13M	39.54%479.58M	46.70%488.89M	46.70%488.89M	-48.17%316.26M	-34.86%317.16M	11.77%343.7M
-Dividends payable	39.09%19.66M	39.09%19.66M	-13.33%1.73B	-30.42%14.35M	-43.26%2.05B	813.05%14.13M	813.05%14.13M	125,300.31%1.99B	1,203.98%20.62M	75.62%3.61B
-Due to related parties current	292.90%796.66M	292.90%796.66M	-19.25%124.71M	-14.99%131.29M	-30.58%137.61M	-13.60%202.77M	-13.60%202.77M	-22.45%154.45M	-21.65%154.45M	68.89%198.24M
-Other payable	-3.63%4.46B	-3.63%4.46B	----	----	----	11.70%4.62B	11.70%4.62B	----	----	----
Current accrued expenses	-27.40%360.9M	-27.40%360.9M	----	----	----	36.29%497.11M	36.29%497.11M	----	----	----
Current debt and capital lease obligation	-34.73%11.07B	-34.73%11.07B	-34.25%11.78B	74.22%18.37B	103.13%16.7B	113.37%16.97B	113.37%16.97B	82.33%17.92B	51.67%10.55B	16.90%8.22B
-Current debt	-34.85%10.93B	-34.85%10.93B	-34.49%11.63B	75.19%18.2B	105.54%16.53B	116.12%16.78B	116.12%16.78B	85.04%17.75B	55.06%10.39B	18.27%8.04B
-Current capital lease obligation	-23.77%139.79M	-23.77%139.79M	-8.64%152.02M	9.39%168.75M	-3.20%176.36M	-1.55%183.37M	-1.55%183.37M	-28.83%166.39M	-38.64%154.26M	-22.52%182.2M
Current deferred liabilities	17.12%1.83B	17.12%1.83B	3.45%1.72B	1.03%1.66B	-7.78%1.54B	-10.34%1.57B	-10.34%1.57B	4.18%1.66B	13.97%1.64B	24.90%1.67B
Other current liabilities	1.48%1.47B	1.48%1.47B	-13.18%6.19B	-23.60%5.51B	-18.52%5.6B	-46.93%1.45B	-46.93%1.45B	3.25%7.13B	7.28%7.21B	11.11%6.88B
Current liabilities	-19.11%22.87B	-19.11%22.87B	-23.04%24.07B	28.82%28.45B	24.92%29.06B	40.94%28.27B	40.94%28.27B	48.08%31.28B	24.60%22.09B	21.77%23.26B
Non current liabilities
Long term debt and capital lease obligation	6.79%403.37M	6.79%403.37M	56.18%584.22M	-93.35%501.86M	-94.97%380.22M	-94.95%377.72M	-94.95%377.72M	-95.12%374.06M	-1.31%7.55B	4.30%7.56B
-Long term debt	--142.11M	--142.11M	--289.35M	-97.51%180M	-99.76%17M	----	----	----	0.81%7.22B	5.76%7.16B
-Long term capital lease obligation	-30.83%261.26M	-30.83%261.26M	-21.17%294.87M	-2.14%321.86M	-10.11%363.22M	-17.15%377.72M	-17.15%377.72M	-16.60%374.06M	-32.50%328.91M	-16.17%404.07M
Non current deferred liabilities	-39.37%615.07M	-39.37%615.07M	-4.30%517.85M	63.17%808.35M	28.14%847.07M	58.97%1.01B	58.97%1.01B	56.28%541.12M	42.57%495.41M	94.56%661.05M
Total non current liabilities	-26.85%1.02B	-26.85%1.02B	20.42%1.1B	-83.71%1.31B	-85.08%1.23B	-82.86%1.39B	-82.86%1.39B	-88.57%915.17M	0.60%8.04B	8.34%8.22B
Total liabilities	-19.48%23.89B	-19.48%23.89B	-21.81%25.18B	-1.21%29.76B	-3.82%30.28B	5.25%29.67B	5.25%29.67B	10.52%32.2B	17.14%30.13B	17.95%31.49B
Shareholders'equity
Share capital	-1.91%513K	-1.91%513K	-0.76%519K	-1.14%519K	-1.14%519K	-0.38%523K	-0.38%523K	-0.76%523K	-0.57%525K	-1.50%525K
-common stock	-1.91%513K	-1.91%513K	-0.76%519K	-1.14%519K	-1.14%519K	-0.38%523K	-0.38%523K	-0.76%523K	-0.57%525K	-1.50%525K
Retained earnings	9.77%42.92B	9.77%42.92B	12.08%41.15B	10.15%40.35B	12.91%38.42B	7.71%39.1B	7.71%39.1B	6.70%36.72B	13.33%36.63B	10.59%34.02B
Paid-in capital	-1.60%24B	-1.60%24B	-0.09%24.36B	-0.49%24.36B	-0.47%24.36B	0.78%24.39B	0.78%24.39B	0.37%24.38B	0.40%24.48B	-1.05%24.47B
Less: Treasury stock	-77.52%254.48M	-77.52%254.48M	62.63%548.93M	-28.14%271.03M	-28.14%271.03M	121.51%1.13B	121.51%1.13B	-38.16%337.54M	-34.09%377.16M	-79.75%377.16M
Gains losses not affecting retained earnings	4.56%-281.27M	4.56%-281.27M	-51.37%-258.22M	20.80%-244.16M	-4.74%-285.99M	-54.51%-294.69M	-54.51%-294.69M	34.74%-170.59M	-34.88%-308.28M	-305.12%-273.05M
Total stockholders'equity	6.96%66.38B	6.96%66.38B	6.79%64.71B	6.24%64.2B	7.56%62.21B	3.78%62.06B	3.78%62.06B	4.66%60.59B	8.09%60.43B	7.99%57.84B
Noncontrolling interests	22.80%752.08M	22.80%752.08M	24.16%658.89M	20.29%658.2M	19.07%651.35M	27.95%612.44M	27.95%612.44M	22.19%530.68M	27.48%547.2M	24.78%547.03M
Total equity	7.12%67.14B	7.12%67.14B	6.94%65.37B	6.37%64.86B	7.66%62.87B	3.97%62.67B	3.97%62.67B	4.79%61.12B	8.24%60.97B	8.12%58.39B
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--	--	--

No. Symbol 5D % Chg

Middle East conflict spreads to the stock market! How should investors respond?

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