Zto Express (Cayman) Inc. - Understand $zto stock

$ZTO Market Cap: $134 Billion

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Financial Snapshot

Revenue

$40.38B

TTM

Gross Margin

30.79%

TTM

Net Earnings

$8.575B

TTM

Current Assets

$27.94B

Q2 2024

Current Liabilities

$22.09B

Q2 2024

Current Ratio

126.48%

Q2 2024

Total Assets

$91.10B

Q2 2024

Total Liabilities

$30.68B

Q2 2024

Book Value

$60.43B

Q2 2024

Cash

$10.54B

Q2 2024

P/E

15.63

Nov 29, 2024 EST

Free Cash Flow

-$2.746B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$38.42B	$5.129B	$30.41B	$25.21B	$22.11B	$17.60B	$13.06B
YoY Change	649.03%	-83.13%	20.59%	14.04%	25.59%	34.8%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$38.42B	$5.129B	$30.41B	$25.21B	$22.11B	$17.60B	$13.06B
Cost Of Revenue	$26.76B	$3.819B	$23.82B	$19.38B	$15.49B	$12.24B	$8.714B
Gross Profit	$11.66B	$1.311B	$6.589B	$5.837B	$6.621B	$5.365B	$4.346B
Gross Profit Margin	30.36%	25.55%	21.67%	23.15%	29.95%	30.47%	33.27%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$2.425B	$301.2M	$1.876B	$1.664B	$1.546B	$1.211B	$780.5M
YoY Change	705.22%	-83.94%	12.75%	7.6%	27.71%	55.12%
% of Gross Profit	20.8%	22.98%	28.47%	28.5%	23.35%	22.57%	17.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$405.0M	$387.2M	$2.222B	$1.840B	$1.265B	$853.7M
YoY Change	4.59%	-82.57%	20.72%	45.54%	48.12%
% of Gross Profit	3.47%	29.54%	33.72%	31.53%	19.1%	15.91%
Operating Expenses	$1.655B	$188.9M	$1.086B	$1.083B	$1.158B	$1.033B	$597.1M
YoY Change	775.97%	-82.61%	0.33%	-6.53%	12.17%	72.93%
Operating Profit	$10.01B	$1.122B	$5.503B	$4.754B	$5.463B	$4.332B	$3.748B
YoY Change	792.22%	-79.62%	15.75%	-12.97%	26.1%	15.57%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$675.3M	$27.62M	$233.8M	$279.3M	$1.353B	$1.004B	$102.5M
YoY Change	2344.67%	-88.19%	-16.29%	-79.36%	34.75%	879.64%
% of Operating Profit	6.75%	2.46%	4.25%	5.88%	24.77%	23.18%	2.73%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$10.69B	$1.201B	$5.739B	$5.035B	$6.757B	$5.336B	$3.821B
YoY Change	789.67%	-79.07%	13.99%	-25.49%	26.62%	39.66%
Income Tax	$1.939B	$1.633B	$1.005B	$689.8M	$1.078B	$929.1M	$646.4M
% Of Pretax Income	18.14%	135.95%	17.52%	13.7%	15.96%	17.41%	16.92%
Net Earnings	$8.749B	$987.2M	$4.755B	$4.312B	$5.674B	$4.383B	$3.160B
YoY Change	786.23%	-79.24%	10.26%	-24.0%	29.46%	38.72%
Net Earnings / Revenue	22.77%	19.25%	15.64%	17.1%	25.66%	24.9%	24.19%
Basic Earnings Per Share	$10.83	$8.41	$5.80	$5.42
Diluted Earnings Per Share	$10.43	$8.36	$5.799M	$5.416M	$7.234M	$5.823M	$4.403M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$19.79B	$17.45B	$12.57B	$17.90B	$16.38B	$18.22B	$10.65B
YoY Change	13.43%	38.83%	-29.81%	9.28%	-10.09%	71.11%
Cash & Equivalents	$12.33B	$11.69B	$9.721B	$14.21B	$5.270B	$4.623B	$5.425B
Short-Term Investments	$7.455B	$5.753B	$2.845B	$3.690B	$11.11B	$13.60B	$5.225B
Other Short-Term Assets	$2.577B	$2.607B	$1.547B	$3.057B	$2.410B	$1.846B	$1.332B
YoY Change	-1.17%	68.53%	-49.39%	26.84%	30.53%	38.58%
Inventory	$28.07M	$40.54M	$82.96M	$53.07M	$43.85M	$43.81M	$34.23M
Prepaid Expenses
Receivables	$572.6M	$819.0M	$933.4M	$746.0M	$675.6M	$597.0M	$287.8M
Other Receivables	$3.988B	$3.562B	$3.536B	$565.4M	$585.4M	$524.6M	$73.93M
Total Short-Term Assets	$26.95B	$24.48B	$18.67B	$22.32B	$20.10B	$21.23B	$12.38B
YoY Change	10.13%	31.12%	-16.39%	11.08%	-5.35%	71.55%
Property, Plant & Equipment	$32.85B	$29.62B	$25.83B	$19.44B	$13.37B	$9.036B	$6.473B
YoY Change	10.91%	14.69%	32.85%	45.38%	48.0%	39.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$15.63B	$11.27B	$4.945B	$5.066B	$4.056B	$2.207B	$610.2M
YoY Change	38.61%	127.97%	-2.4%	24.92%	83.73%	261.78%
Other Assets	$1.582B	$1.567B	$1.697B	$1.258B	$1.016B	$940.7M	$461.7M
YoY Change	0.93%	-7.67%	34.92%	23.83%	7.98%	103.73%
Total Long-Term Assets	$61.51B	$54.05B	$44.11B	$36.88B	$25.79B	$18.45B	$13.45B
YoY Change	13.81%	22.54%	19.59%	42.99%	39.8%	37.17%
Total Assets	$88.47B	$78.52B	$62.77B	$59.20B	$45.89B	$39.68B	$25.83B
YoY Change
Accounts Payable	$2.557B	$2.203B	$1.958B	$1.636B	$1.475B	$1.312B	$889.1M
YoY Change	16.09%	12.52%	19.66%	10.89%	12.46%	47.54%
Accrued Expenses	$1.782B	$1.755B	$1.498B	$1.171B	$1.137B	$643.1M	$576.6M
YoY Change	1.55%	17.15%	27.96%	2.95%	76.83%	11.54%
Deferred Revenue
YoY Change
Short-Term Debt	$7.766B	$5.594B	$3.634B	$1.759B	$0.00	$0.00	$250.0M
YoY Change	38.82%	53.96%	106.56%			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$20.06B	$16.41B	$13.00B	$9.348B	$6.681B	$5.141B	$4.146B
YoY Change	22.28%	26.23%	39.03%	39.91%	29.94%	24.01%
Long-Term Debt	$7.030B	$6.789B	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	3.54%
Other Long-Term Liabilities	$455.9M	$510.3M	$556.1M	$502.5M	$598.3M	$113.9M	$82.99M
YoY Change	-10.67%	-8.23%	10.67%	-16.01%	425.24%	37.25%
Total Long-Term Liabilities	$7.485B	$7.299B	$556.1M	$502.5M	$598.3M	$113.9M	$82.99M
YoY Change	2.55%	1212.61%	10.67%	-16.01%	425.24%	37.25%
Total Liabilities	$28.66B	$24.50B	$14.14B	$10.23B	$7.588B	$5.466B	$4.392B
YoY Change	17.02%	73.29%	38.23%	34.77%	38.83%	24.44%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	807.7M	809.4M	820.0M	796.1M
Diluted Shares Outstanding	838.9M	820.3M	820.0M	796.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $134.04 Billion

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman), Inc. engages in the provision of comprehensive logistics services. The company is headquartered in Shanghai, Shanghai and currently employs 23,554 full-time employees. The company went IPO on 2016-10-27. Its express delivery services mainly include parcel sorting and line-haul transportation. The firm directly provides express delivery services to certain enterprise customers, including vertical e-commerce and traditional merchants, in connection with the delivery of their products to end consumers. The firm conducts its businesses in domestic and overseas markets.

Industry: Trucking & Courier Services (No Air) Peers: