ZTO Historical Income Statement

ZTO Stock

USD 18.99 0.29 1.50%

Historical analysis of ZTO Express income statement accounts such as Discontinued Operations of 0.0, Depreciation And Amortization of 3 B, Interest Expense of 304 M or Selling General Administrative of 1.4 B can show how well ZTO Express performed in making a profits. Evaluating ZTO Express income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ZTO Express's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining ZTO Express latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ZTO Express is a good buy for the upcoming year.

Net Income Gross Profit

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.

About ZTO Income Statement Analysis

ZTO Express Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ZTO Express shareholders. The income statement also shows ZTO investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ZTO Express Income Statement Chart

At this time, ZTO Express' Minority Interest is very stable compared to the past year. As of the 26th of November 2024, Net Interest Income is likely to grow to about 335.4 M, while Selling General Administrative is likely to drop about 1.4 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Non Recurring

Total Revenue

Total revenue comprises all receipts ZTO Express generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ZTO Express minus its cost of goods sold. It is profit before ZTO Express operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ZTO Express. It is also known as ZTO Express overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from ZTO Express' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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.At this time, ZTO Express' Minority Interest is very stable compared to the past year. As of the 26th of November 2024, Net Interest Income is likely to grow to about 335.4 M, while Selling General Administrative is likely to drop about 1.4 B.

	2021	2022	2023	2024 (projected)
Interest Expense	126.5M	190.5M	289.5M	304.0M
Depreciation And Amortization	2.2B	2.7B	2.9B	3.0B

Interest Expense Depreciation And Amortization

ZTO Express income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.92	0.87	0.91	0.87	0.91	0.88	0.83	0.89	0.94	0.91	0.86	0.84	0.61	0.84	0.83	0.68	0.84	0.31	0.6	0.95
Interest Expense	0.92		0.7	0.75	0.76	0.74	0.9	0.7	0.92	0.94	0.74	0.75	0.74	0.35	0.73	0.77	0.43	0.8	0.21	0.39	0.85
Selling General Administrative	0.87	0.7		0.98	0.97	0.98	0.83	0.96	0.81	0.84	0.98	0.95	0.96	0.74	0.97	0.93	0.8	0.9	0.54	0.79	0.91
Total Revenue	0.91	0.75	0.98		0.98	1.0	0.83	0.96	0.82	0.86	1.0	0.96	0.96	0.71	0.97	0.94	0.79	0.93	0.49	0.74	0.96
Gross Profit	0.87	0.76	0.97	0.98		0.96	0.89	0.99	0.87	0.89	0.95	0.97	1.0	0.59	1.0	0.98	0.72	0.96	0.54	0.75	0.91
Other Operating Expenses	0.91	0.74	0.98	1.0	0.96		0.81	0.95	0.8	0.84	1.0	0.95	0.94	0.74	0.95	0.92	0.81	0.91	0.48	0.74	0.96
Operating Income	0.88	0.9	0.83	0.83	0.89	0.81		0.87	1.0	0.99	0.8	0.86	0.89	0.4	0.88	0.89	0.6	0.9	0.5	0.68	0.81
Net Income From Continuing Ops	0.83	0.7	0.96	0.96	0.99	0.95	0.87		0.85	0.86	0.94	0.97	0.99	0.61	0.99	0.96	0.75	0.95	0.61	0.81	0.87
Ebit	0.89	0.92	0.81	0.82	0.87	0.8	1.0	0.85		0.99	0.79	0.85	0.87	0.39	0.87	0.88	0.6	0.89	0.48	0.65	0.82
Ebitda	0.94	0.94	0.84	0.86	0.89	0.84	0.99	0.86	0.99		0.84	0.87	0.88	0.45	0.88	0.89	0.63	0.9	0.45	0.65	0.87
Cost Of Revenue	0.91	0.74	0.98	1.0	0.95	1.0	0.8	0.94	0.79	0.84		0.95	0.94	0.74	0.94	0.91	0.81	0.9	0.47	0.73	0.96
Total Operating Expenses	0.86	0.75	0.95	0.96	0.97	0.95	0.86	0.97	0.85	0.87	0.95		0.97	0.65	0.97	0.95	0.76	0.94	0.63	0.8	0.92
Income Before Tax	0.84	0.74	0.96	0.96	1.0	0.94	0.89	0.99	0.87	0.88	0.94	0.97		0.59	1.0	0.98	0.73	0.96	0.6	0.79	0.88
Total Other Income Expense Net	0.61	0.35	0.74	0.71	0.59	0.74	0.4	0.61	0.39	0.45	0.74	0.65	0.59		0.61	0.48	0.68	0.45	0.52	0.72	0.66
Net Income	0.84	0.73	0.97	0.97	1.0	0.95	0.88	0.99	0.87	0.88	0.94	0.97	1.0	0.61		0.98	0.75	0.96	0.61	0.8	0.88
Income Tax Expense	0.83	0.77	0.93	0.94	0.98	0.92	0.89	0.96	0.88	0.89	0.91	0.95	0.98	0.48	0.98		0.68	0.99	0.52	0.68	0.88
Minority Interest	0.68	0.43	0.8	0.79	0.72	0.81	0.6	0.75	0.6	0.63	0.81	0.76	0.73	0.68	0.75	0.68		0.68	0.6	0.82	0.74
Tax Provision	0.84	0.8	0.9	0.93	0.96	0.91	0.9	0.95	0.89	0.9	0.9	0.94	0.96	0.45	0.96	0.99	0.68		0.52	0.66	0.89
Interest Income	0.31	0.21	0.54	0.49	0.54	0.48	0.5	0.61	0.48	0.45	0.47	0.63	0.6	0.52	0.61	0.52	0.6	0.52		0.88	0.37
Net Interest Income	0.6	0.39	0.79	0.74	0.75	0.74	0.68	0.81	0.65	0.65	0.73	0.8	0.79	0.72	0.8	0.68	0.82	0.66	0.88		0.61
Reconciled Depreciation	0.95	0.85	0.91	0.96	0.91	0.96	0.81	0.87	0.82	0.87	0.96	0.92	0.88	0.66	0.88	0.88	0.74	0.89	0.37	0.61

Click cells to compare fundamentals

ZTO Express Account Relationship Matchups

High Positive Relationship

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Gross Profit
Net Income	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income

High Negative Relationship

Not Found

ZTO Express income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	585.4M	1.8B	2.2B	2.7B	2.9B	3.0B
Selling General Administrative	1.5B	1.7B	1.9B	2.1B	2.3B	1.4B
Total Revenue	22.1B	25.2B	30.4B	35.4B	38.4B	22.2B
Gross Profit	6.6B	5.8B	6.6B	9.0B	11.7B	6.2B
Other Operating Expenses	16.6B	20.5B	24.9B	27.6B	28.4B	17.1B
Operating Income	5.5B	3.4B	3.6B	7.7B	10.0B	10.5B
Net Income From Continuing Ops	5.7B	4.3B	4.7B	6.7B	8.7B	4.4B
Ebit	5.5B	3.4B	3.6B	8.5B	11.0B	11.5B
Ebitda	6.0B	5.2B	5.9B	11.1B	13.9B	14.5B
Cost Of Revenue	15.5B	19.4B	23.8B	26.3B	26.8B	16.0B
Total Operating Expenses	1.2B	1.1B	1.1B	1.3B	1.7B	1.1B
Income Before Tax	6.8B	5.0B	5.7B	8.3B	10.7B	5.6B
Total Other Income Expense Net	1.3B	1.7B	2.1B	555.8M	685.1M	773.1M
Net Income Applicable To Common Shares	5.7B	4.3B	4.8B	6.8B	7.8B	3.9B
Net Income	5.7B	4.3B	4.8B	6.8B	8.7B	4.6B
Income Tax Expense	1.1B	689.8M	1.0B	1.6B	1.9B	1.0B
Minority Interest	100.8M	120.9M	53.5M	150.1M	45.4M	58.8M
Tax Provision	1.1B	689.8M	1.0B	1.6B	1.8B	1.1B
Interest Income	1.4B	442.7M	363.9M	506.7M	617.2M	570.1M
Net Interest Income	585.4M	407.4M	237.4M	313.2M	313.3M	335.4M
Reconciled Depreciation	1.3B	1.8B	2.2B	2.7B	2.9B	1.9B

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

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0.45	AIRTP	Air T Inc	Pair Corr
0.38	JBHT	JB Hunt Transport Fiscal Year End 16th of January 2025	Pair Corr

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 Correlation Correlation 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:

How To Invest In ZTO

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Is ZTO Stock a good investment?

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What is ZTO Express' Net Worth?

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Largest Air Freight & Logistics Companies

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Largest Integrated Freight & Logistics Companies

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To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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

1.45

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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ZTO Historical Income Statement

About ZTO Income Statement Analysis

ZTO Express Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

ZTO Express income statement Correlations

ZTO Express Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZTO Express income statement Accounts

Pair Trading with ZTO Express

Moving against ZTO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Discontinued Operations	Depreciation And Amortization
Interest Expense	Selling General Administrative
Total Revenue	Gross Profit
Other Operating Expenses	Preferred Stock And Other Adjustments
Operating Income	Net Income From Continuing Ops
Ebit	Research Development
Ebitda	Cost Of Revenue
Non Recurring	Total Operating Expenses
Effect Of Accounting Charges	Income Before Tax
Non Operating Income Net Other	Extraordinary Items
Total Other Income Expense Net	Net Income Applicable To Common Shares
Net Income	Income Tax Expense
Minority Interest	Other Items
Tax Provision	Interest Income
Net Interest Income	Reconciled Depreciation