ZTO Historical Balance Sheet

ZTO Stock

USD 19.10 0.14 0.74%

Trend analysis of ZTO Express balance sheet accounts such as Accumulated Amortization of 0.0, Total Assets of 106.8 B, Short and Long Term Debt Total of 18.6 B or Other Current Liab of 11.1 B provides information on ZTO Express' total assets, liabilities, and equity, which is the actual value of ZTO Express to its prevalent stockholders. By breaking down trends over time using ZTO Express balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

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.

ZTO Express Inventory

41.93 Million

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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ZTO Express at a specified time, usually calculated after every quarter, six months, or one year. ZTO Express Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZTO Express and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ZTO currently owns. An asset can also be divided into two categories, current and non-current.

ZTO Express Balance Sheet Chart

At this time, ZTO Express' Net Debt is very stable compared to the past year. As of the 6th of February 2025, Retained Earnings is likely to grow to about 43.8 B, while Total Stockholder Equity is likely to drop about 37 B.

Short Long Term Debt Total Other Current Liab Total Current Liabilities Short Term Debt

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Total Current Liabilities

Total Current Liabilities is an item on ZTO Express balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ZTO Express are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from ZTO Express' balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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' Net Debt is very stable compared to the past year. As of the 6th of February 2025, Retained Earnings is likely to grow to about 43.8 B, while Total Stockholder Equity is likely to drop about 37 B.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	13.1B	15.4B	17.8B	18.6B
Total Assets	78.5B	88.5B	101.7B	106.8B

Short Long Term Debt Total Total Assets

ZTO Express balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.91	0.99	0.98	0.92	0.86	0.89	0.99	0.97	0.26	0.99	1.0	0.83	0.99	0.96	0.68	0.86	0.59	0.77	0.9	0.64	0.89	0.85	0.62	0.94	0.85
Short Long Term Debt Total	0.91		0.94	0.97	0.74	0.64	0.69	0.93	0.91	0.58	0.93	0.89	0.65	0.94	0.84	0.39	0.63	0.29	0.54	0.69	0.73	0.99	0.59	0.29	0.95	0.58
Other Current Liab	0.99	0.94		0.99	0.89	0.81	0.86	1.0	0.97	0.32	0.99	0.98	0.8	1.0	0.95	0.66	0.79	0.51	0.73	0.86	0.68	0.91	0.8	0.59	0.97	0.8
Total Current Liabilities	0.98	0.97	0.99		0.85	0.77	0.81	0.99	0.97	0.41	0.99	0.97	0.76	0.99	0.93	0.59	0.76	0.46	0.68	0.82	0.71	0.94	0.75	0.51	0.97	0.75
Total Stockholder Equity	0.92	0.74	0.89	0.85		0.96	0.99	0.9	0.87	0.04	0.89	0.92	0.9	0.89	0.91	0.79	0.95	0.69	0.82	0.98	0.56	0.71	0.96	0.72	0.81	0.95
Other Liab	0.86	0.64	0.81	0.77	0.96		0.97	0.82	0.79	-0.03	0.83	0.88	0.84	0.81	0.82	0.71	0.97	0.76	0.85	0.97	0.42	0.63	0.96	0.76	0.69	0.96
Net Tangible Assets	0.89	0.69	0.86	0.81	0.99	0.97		0.87	0.84	-0.03	0.86	0.9	0.89	0.86	0.89	0.81	0.95	0.74	0.81	0.98	0.51	0.66	0.97	0.76	0.77	0.97
Property Plant And Equipment Net	0.99	0.93	1.0	0.99	0.9	0.82	0.87		0.98	0.32	0.99	0.99	0.8	1.0	0.97	0.69	0.8	0.55	0.71	0.87	0.69	0.9	0.81	0.6	0.96	0.81
Current Deferred Revenue	0.97	0.91	0.97	0.97	0.87	0.79	0.84	0.98		0.35	0.99	0.97	0.74	0.98	0.98	0.67	0.77	0.58	0.68	0.84	0.73	0.89	0.77	0.55	0.92	0.77
Net Debt	0.26	0.58	0.32	0.41	0.04	-0.03	-0.03	0.32	0.35		0.33	0.25	-0.21	0.34	0.19	-0.29	-0.11	-0.12	-0.21	-0.04	0.66	0.6	-0.21	-0.43	0.37	-0.21
Retained Earnings	0.99	0.93	0.99	0.99	0.89	0.83	0.86	0.99	0.99	0.33		0.99	0.78	1.0	0.96	0.65	0.81	0.56	0.72	0.87	0.7	0.91	0.8	0.56	0.94	0.81
Accounts Payable	1.0	0.89	0.98	0.97	0.92	0.88	0.9	0.99	0.97	0.25	0.99		0.81	0.99	0.96	0.69	0.87	0.63	0.79	0.91	0.63	0.87	0.86	0.65	0.92	0.87
Cash	0.83	0.65	0.8	0.76	0.9	0.84	0.89	0.8	0.74	-0.21	0.78	0.81		0.79	0.8	0.74	0.88	0.45	0.83	0.9	0.31	0.62	0.91	0.7	0.78	0.9
Non Current Assets Total	0.99	0.94	1.0	0.99	0.89	0.81	0.86	1.0	0.98	0.34	1.0	0.99	0.79		0.96	0.66	0.79	0.53	0.71	0.86	0.7	0.92	0.8	0.57	0.96	0.8
Non Currrent Assets Other	0.96	0.84	0.95	0.93	0.91	0.82	0.89	0.97	0.98	0.19	0.96	0.96	0.8	0.96		0.81	0.8	0.64	0.7	0.88	0.69	0.8	0.84	0.66	0.9	0.84
Other Assets	0.68	0.39	0.66	0.59	0.79	0.71	0.81	0.69	0.67	-0.29	0.65	0.69	0.74	0.66	0.81		0.69	0.69	0.61	0.78	0.41	0.32	0.83	0.87	0.61	0.84
Cash And Short Term Investments	0.86	0.63	0.79	0.76	0.95	0.97	0.95	0.8	0.77	-0.11	0.81	0.87	0.88	0.79	0.8	0.69		0.73	0.89	0.97	0.36	0.62	0.97	0.72	0.67	0.96
Net Receivables	0.59	0.29	0.51	0.46	0.69	0.76	0.74	0.55	0.58	-0.12	0.56	0.63	0.45	0.53	0.64	0.69	0.73		0.58	0.72	0.3	0.28	0.75	0.75	0.34	0.77
Good Will	0.77	0.54	0.73	0.68	0.82	0.85	0.81	0.71	0.68	-0.21	0.72	0.79	0.83	0.71	0.7	0.61	0.89	0.58		0.85	0.23	0.53	0.89	0.76	0.61	0.87
Common Stock Total Equity	0.9	0.69	0.86	0.82	0.98	0.97	0.98	0.87	0.84	-0.04	0.87	0.91	0.9	0.86	0.88	0.78	0.97	0.72	0.85		0.51	0.67	0.97	0.76	0.77	0.97
Common Stock Shares Outstanding	0.64	0.73	0.68	0.71	0.56	0.42	0.51	0.69	0.73	0.66	0.7	0.63	0.31	0.7	0.69	0.41	0.36	0.3	0.23	0.51		0.7	0.35	0.11	0.68	0.34
Non Current Liabilities Total	0.89	0.99	0.91	0.94	0.71	0.63	0.66	0.9	0.89	0.6	0.91	0.87	0.62	0.92	0.8	0.32	0.62	0.28	0.53	0.67	0.7		0.56	0.23	0.91	0.55
Capital Surpluse	0.85	0.59	0.8	0.75	0.96	0.96	0.97	0.81	0.77	-0.21	0.8	0.86	0.91	0.8	0.84	0.83	0.97	0.75	0.89	0.97	0.35	0.56		0.85	0.7	1.0
Inventory	0.62	0.29	0.59	0.51	0.72	0.76	0.76	0.6	0.55	-0.43	0.56	0.65	0.7	0.57	0.66	0.87	0.72	0.75	0.76	0.76	0.11	0.23	0.85		0.49	0.86
Other Current Assets	0.94	0.95	0.97	0.97	0.81	0.69	0.77	0.96	0.92	0.37	0.94	0.92	0.78	0.96	0.9	0.61	0.67	0.34	0.61	0.77	0.68	0.91	0.7	0.49		0.7
Other Stockholder Equity	0.85	0.58	0.8	0.75	0.95	0.96	0.97	0.81	0.77	-0.21	0.81	0.87	0.9	0.8	0.84	0.84	0.96	0.77	0.87	0.97	0.34	0.55	1.0	0.86	0.7

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ZTO Express Account Relationship Matchups

ZTO Express balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	59.2B	62.8B	78.5B	88.5B	101.7B	106.8B
Short Long Term Debt Total	2.5B	4.4B	13.1B	15.4B	17.8B	18.6B
Other Current Liab	5.7B	7.1B	8.4B	9.2B	10.6B	11.1B
Total Current Liabilities	9.3B	13.0B	16.4B	20.1B	23.1B	24.2B
Total Stockholder Equity	49.0B	48.6B	54.0B	59.8B	68.8B	37.0B
Other Liab	301.7M	255.0M	292.4M	346.5M	398.4M	224.7M
Net Tangible Assets	31.5B	40.3B	39.0B	44.3B	51.0B	26.0B
Property Plant And Equipment Net	19.4B	25.8B	29.6B	32.9B	37.8B	39.7B
Current Deferred Revenue	1.1B	1.2B	1.4B	1.7B	2.0B	2.1B
Net Debt	(11.7B)	(5.3B)	1.4B	3.1B	3.6B	3.7B
Retained Earnings	21.0B	22.7B	29.5B	36.3B	41.7B	43.8B
Accounts Payable	1.6B	2.0B	2.2B	2.6B	2.9B	3.1B
Cash	14.2B	9.7B	11.7B	12.3B	14.2B	8.5B
Non Current Assets Total	36.9B	44.1B	54.0B	61.5B	70.7B	74.3B
Non Currrent Assets Other	3.0B	2.8B	2.7B	3.1B	3.6B	3.8B
Other Assets	1.6B	3.7B	3.7B	1.6B	1.8B	1.5B
Cash And Short Term Investments	17.9B	12.6B	17.4B	19.9B	22.9B	14.0B
Net Receivables	761M	976.8M	848.5M	577.2M	663.8M	718.7M
Common Stock Shares Outstanding	784.3M	796.1M	820.0M	838.9M	964.8M	850.4M
Short Term Investments	3.7B	2.8B	5.8B	7.6B	8.7B	5.5B
Liabilities And Stockholders Equity	59.2B	62.8B	78.5B	88.5B	101.7B	106.8B
Non Current Liabilities Total	757.5M	848.4M	7.6B	8.1B	9.3B	9.8B
Capital Surpluse	22.3B	30.6B	28.2B	26.7B	30.7B	20.6B
Capital Lease Obligations	748.9M	807.1M	740.1M	642.1M	738.5M	411.5M
Inventory	53.1M	83.0M	40.5M	28.1M	32.3M	41.9M
Other Current Assets	3.5B	4.9B	6.0B	6.5B	7.4B	7.8B
Other Stockholder Equity	28.0B	26.2B	24.7B	23.7B	27.2B	20.3B
Total Liab	10.1B	13.8B	24.1B	28.2B	32.4B	34.0B
Long Term Investments	5.1B	4.9B	11.3B	15.6B	18.0B	18.9B
Property Plant And Equipment Gross	19.4B	25.8B	29.6B	43.8B	50.4B	52.9B
Short Long Term Debt	1.8B	3.6B	5.6B	7.8B	8.9B	9.4B
Total Current Assets	22.3B	18.7B	24.5B	27.0B	31.0B	18.0B
Accumulated Other Comprehensive Income	(95.6M)	(242.1M)	(86.7M)	(190.7M)	(171.7M)	(163.1M)
Treasury Stock	(1.5B)	(1.4B)	(2.6B)	(2.1B)	(1.9B)	(1.8B)
Short Term Debt	2.0B	3.9B	5.6B	8.0B	9.1B	9.6B
Intangible Assets	4.4B	5.4B	5.5B	5.7B	6.5B	3.3B

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

0.71	AIRT	Air T Inc Earnings Call This Week	Pair Corr
0.46	JYD	Jayud Global Logistics Trending	Pair Corr
0.38	CRGO	Freightos Limited Downward Rally	Pair Corr
0.32	ATXG	Addentax Group Corp	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

Details

Is ZTO Stock a good investment?

Details

What is ZTO Express' Net Worth?

Details

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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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

1.46

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 Balance Sheet

ZTO Express Inventory

41.93 Million

About ZTO Balance Sheet Analysis

ZTO Express Balance Sheet Chart

Total Current Liabilities

ZTO Express balance sheet Correlations

ZTO Express Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZTO Express balance sheet Accounts

Pair Trading with ZTO Express

Moving against ZTO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accumulated Amortization	Total Assets
Short Long Term Debt Total	Other Current Liab
Total Current Liabilities	Total Stockholder Equity
Other Liab	Net Tangible Assets
Property Plant And Equipment Net	Total Permanent Equity
Warrants	Current Deferred Revenue
Noncontrolling Interest In Consolidated Entity	Net Debt
Retained Earnings	Accounts Payable
Cash	Non Current Assets Total
Non Currrent Assets Other	Other Assets
Long Term Debt	Cash And Short Term Investments
Net Receivables	Good Will
Common Stock Total Equity	Retained Earnings Total Equity
Common Stock Shares Outstanding	Short Term Investments
Long Term Debt Total	Liabilities And Stockholders Equity
Non Current Liabilities Total	Capital Surpluse
Capital Lease Obligations	Negative Goodwill
Inventory	Other Current Assets
Other Stockholder Equity	Total Liab
Additional Paid In Capital	Deferred Long Term Liab
Preferred Stock Redeemable	Long Term Investments
Property Plant And Equipment Gross	Short Long Term Debt
Preferred Stock Total Equity	Total Current Assets
Accumulated Other Comprehensive Income	Treasury Stock
Non Current Liabilities Other	Accumulated Depreciation
Deferred Long Term Asset Charges	Short Term Debt
Intangible Assets	Common Stock
Temporary Equity Redeemable Noncontrolling Interests	Property Plant Equipment
Cash And Equivalents	Net Invested Capital
Net Working Capital	Capital Stock

Accounts Payable	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Retained Earnings
Other Stockholder Equity	+ 1.0	Capital Surpluse

Inventory	- 0.43	Net Debt
Other Assets	- 0.29	Net Debt
Other Stockholder Equity	- 0.21	Net Debt
Capital Surpluse	- 0.21	Net Debt
Good Will	- 0.21	Net Debt
Cash	- 0.21	Net Debt