ZTONYSETrucking & Courier Services (No Air)Also trades as ZTOEF
ZTO Express (Cayman) Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$20.06−0.11 (-0.55%)
Close on Oct 19, 2026
ZTO Express (Cayman) statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available
Valuation
| Market Cap | CN¥213.59B |
|---|---|
| Enterprise Value | CN¥199.64B |
| PE Ratio | 12.00 |
| PS Ratio | 4.35 |
| PB Ratio | 3.22 |
| P/TBV Ratio | 3.44 |
| P/FCF Ratio | 31.62 |
| P/OCF Ratio | 17.85 |
Enterprise value
| EV / Sales | 4.07 |
|---|---|
| EV / EBITDA | 14.41 |
| EV / EBIT | 19.06 |
| EV / FCF | 29.56 |
Income (trailing twelve months)
| Revenue | CN¥49.10B |
|---|---|
| Gross Profit | CN¥12.27B |
| Operating Income | CN¥10.47B |
| Pretax Income | CN¥11.05B |
| Net Income | CN¥9.08B |
| EBITDA | CN¥13.85B |
| EPS (Diluted) | 11.19 CNY |
Margins
| Gross Margin | 25.0% |
|---|---|
| Operating Margin | 21.3% |
| Pretax Margin | 22.5% |
| Profit Margin | 18.5% |
| EBITDA Margin | 28.2% |
| FCF Margin | 13.8% |
Returns
| Return on Equity (ROE) | 14.1% |
|---|---|
| Return on Assets (ROA) | 9.90% |
| Return on Invested Capital (ROIC) | 17.2% |
| Return on Capital Employed (ROCE) | 15.4% |
Growth
| Revenue Growth (YoY) | 10.9% |
|---|---|
| Net Income Growth (YoY) | 2.99% |
| EPS Growth (YoY) | 4.58% |
| FCF Growth (YoY) | 8.57% |
| Revenue Growth (3Y CAGR) | 11.5% |
| Revenue Growth (5Y CAGR) | 14.3% |
| EPS Growth (3Y CAGR) | 10.2% |
| EPS Growth (5Y CAGR) | 15.6% |
Balance sheet
| Cash & Short-Term Investments | CN¥25.63B |
|---|---|
| Total Debt | CN¥10.93B |
| Net Cash (Debt) | CN¥14.70B |
| Net Cash Per Share | 9.24 CNY |
| Equity (Book Value) | CN¥66.38B |
| Book Value Per Share | 41.72 CNY |
| Tangible Book Value | CN¥62.17B |
| Working Capital | CN¥11.10B |
Financial position
| Current Ratio | 1.49 |
|---|---|
| Quick Ratio | 1.18 |
| Debt / Equity | 0.16 |
| Debt / EBITDA | 0.79 |
| Debt / FCF | 1.62 |
| Net Debt / EBITDA | -1.06 |
| Interest Coverage | 42.13 |
Cash flow (trailing twelve months)
| Operating Cash Flow | CN¥11.97B |
|---|---|
| Capital Expenditures | -CN¥5.21B |
| Free Cash Flow | CN¥6.75B |
| FCF Per Share | 4.25 CNY |
Efficiency
| Asset Turnover | 0.54 |
|---|---|
| Inventory Turnover | 929.78 |
| Revenue Per Employee | CN¥2.10M |
| Profits Per Employee | CN¥388.08K |
| Employee Count | 23,399 |
Dividends and yields
| Earnings Yield | 4.25% |
|---|---|
| FCF Yield | 3.16% |
| Buyback Yield | 0.59% |
| Shareholder Yield | 0.59% |
| Payout Ratio | 41.4% |
| FCF Payout Ratio | 55.6% |
Shares
| Shares Outstanding | 1,591,060,000 |
|---|---|
| Shares Change (YoY) | -2.10% |
| Float | 1,290,250,000 |
| Shares Held by Insiders | 18.9% |
| Shares Held by Institutions | 3.73% |
Taxes
| Income Tax | CN¥1.91B |
|---|---|
| Effective Tax Rate | 17.2% |
Scores
| Graham Number | 102.49 CNY |
|---|---|
| Graham Upside | -23.6% |
| Altman Z-Score | 7.09 |
| Piotroski F-Score | 8 |
| Beneish M-Score | -2.62 |
Calculated by StockData from ZTO Express (Cayman)'s SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.