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ZTO Express
(NYSE:ZTO)
ZTO Express (ZTO) vs. SPDR S&P 500 ETF (SPY)
ZTO Express Business Overview & Revenue Model
ZTO Express Earnings Call Summary
ZTO Express Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.32B | 44.28B | 38.42B | 35.38B | 30.41B | 25.21B |
| Gross Profit | 12.73B | 13.72B | 11.66B | 9.04B | 6.59B | 5.84B |
| EBITDA | 14.53B | 15.04B | 13.85B | 10.41B | 7.72B | 6.59B |
| Net Income | 8.71B | 8.82B | 8.75B | 6.81B | 4.75B | 4.31B |
Balance Sheet | ||||||
| Total Assets | 94.62B | 92.34B | 88.47B | 78.52B | 62.77B | 59.20B |
| Cash, Cash Equivalents and Short-Term Investments | 26.52B | 22.31B | 19.89B | 17.58B | 12.72B | 17.90B |
| Total Debt | 18.87B | 17.35B | 15.44B | 13.12B | 4.44B | 2.51B |
| Total Liabilities | 29.76B | 29.67B | 28.18B | 24.05B | 13.84B | 10.11B |
| Stockholders Equity | 64.20B | 62.06B | 59.80B | 54.03B | 48.64B | 48.98B |
Cash Flow | ||||||
| Free Cash Flow | 2.32B | 5.53B | 6.69B | 4.07B | -2.11B | -4.26B |
| Operating Cash Flow | 10.45B | 11.43B | 13.36B | 11.48B | 7.22B | 4.95B |
| Investing Cash Flow | -3.26B | -5.98B | -12.25B | -16.04B | -8.76B | -3.55B |
| Financing Cash Flow | -4.40B | -5.00B | -769.84M | 7.06B | -2.90B | 8.34B |
ZTO Express Technical Analysis
ZTO Express Risk Analysis
ZTO Express Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $60.43B | 14.97 | 14.98% | 2.16% | 1.14% | 4.99% | |
74 Outperform | $14.69B | 12.92 | 13.98% | 3.40% | 14.40% | 2.41% | |
72 Outperform | $78.61B | 14.35 | 33.67% | 7.00% | -1.25% | -2.25% | |
71 Outperform | $18.06B | 30.99 | 34.32% | 1.66% | -7.08% | 71.39% | |
67 Neutral | $18.72B | 22.46 | 36.47% | 1.11% | 12.54% | 19.59% | |
65 Neutral | $16.21B | 29.47 | 15.13% | 1.03% | -1.60% | 4.87% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
ZTO Express Corporate Events
On October 31, 2025, ZTO Express announced changes in its issued shares, specifically regarding repurchases of American depository shares representing Class A ordinary shares. These repurchases occurred between September 24 and October 30, 2025, at varying prices. The company confirmed compliance with all applicable listing rules and regulatory requirements, indicating a strategic move to manage its share capital and potentially enhance shareholder value.
On October 30, 2025, ZTO Express announced changes in its issued shares, specifically highlighting the repurchase of American depository shares throughout September and October 2025. These repurchases, which have not yet been canceled, reflect the company’s ongoing efforts to manage its share capital effectively. The repurchases involved significant quantities of shares at varying prices, indicating a strategic approach to enhancing shareholder value and potentially impacting the company’s stock market performance.
ZTO Express announced that its board of directors will meet on November 19, 2025, to approve and release the company’s unaudited financial results for the third quarter ended September 30, 2025. The results will be published on November 20, 2025, before trading hours in Hong Kong, followed by an earnings conference call hosted by the management team. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction.
On October 23, 2025, ZTO Express announced a series of share repurchases that took place from September 24 to October 22, 2025. These repurchases involved American depository shares representing Class A ordinary shares, with the company buying back a total of several hundred thousand shares at various prices. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value, reflecting a proactive approach to capital management.
On October 22, 2025, ZTO Express announced changes in its issued shares, with a focus on repurchasing American depository shares between September 24 and October 21, 2025. These repurchases, which were not yet canceled by the closing balance date, reflect the company’s strategic financial maneuvers to manage its equity structure. The repurchases were conducted at varying prices, indicating a calculated approach to optimizing shareholder value and potentially influencing market perceptions.
On October 20, 2025, ZTO Express announced changes in its issued shares, specifically highlighting the repurchase of American depository shares throughout September and October 2025. These repurchases, which include several transactions at varying prices, reflect the company’s strategic financial management and may impact its market positioning by potentially increasing shareholder value.
On October 17, 2025, ZTO Express announced a series of share repurchases that occurred between September 24 and October 16, 2025. These repurchases involved American depository shares representing Class A ordinary shares, with transactions executed at varying prices. The repurchase activity reflects the company’s strategic financial management, potentially impacting its share value and signaling confidence in its market position. The company’s actions are in compliance with the listing rules of the Hong Kong Stock Exchange.
ZTO Express announced a series of share repurchases involving American depository shares representing Class A ordinary shares. These repurchases occurred between September 24 and October 15, 2025, with the shares not yet cancelled. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value.
ZTO Express announced a series of share repurchases involving American depository shares representing Class A ordinary shares. These repurchases occurred between September 24 and October 14, 2025, with the most recent repurchase on October 14, 2025, involving 450,069 shares at a price of USD 18.56 per share. The repurchases are part of the company’s strategy to manage its share capital and potentially enhance shareholder value. The announcement indicates compliance with all applicable listing rules and regulatory requirements, reflecting ZTO Express’s commitment to maintaining transparency and adherence to market regulations.
On October 14, 2025, ZTO Express announced a series of share repurchases that took place between September 24 and October 10, 2025. The company repurchased a total of 3,128,678 American depository shares, representing the same number of Class A ordinary shares, at varying prices. These repurchases reflect ZTO Express’s strategic financial management and may impact its share value and investor confidence, as they indicate a potential undervaluation of the company’s stock.
On October 9, 2025, ZTO Express announced a series of share repurchases that took place from September 24 to October 8, 2025. These repurchases involved American Depository Shares representing Class A ordinary shares, with the company buying back a total of 2,610,550 shares at varying prices. The repurchase program reflects ZTO Express’s strategic initiative to optimize its capital structure and potentially enhance shareholder value, indicating a positive outlook on its financial health and confidence in its market positioning.
On October 8, 2025, ZTO Express announced changes in its issued shares, including multiple repurchases of American depository shares in late September and early October 2025. These repurchases, which occurred on the New York Stock Exchange, involved significant transactions, with the most recent repurchase on October 7, 2025, involving 189,423 shares at prices between USD 18.96 and USD 18.99. The repurchase activities are part of ZTO Express’s strategy to manage its share capital and potentially enhance shareholder value.
On October 6, 2025, ZTO Express announced a series of share repurchases conducted from September 24 to October 3, 2025, involving American depository shares representing Class A ordinary shares. These repurchases were executed at various prices, with the most recent being on October 3, 2025, where 103,938 shares were repurchased on the New York Stock Exchange. This strategic move underscores ZTO Express’s commitment to enhancing shareholder value and optimizing its capital structure, which could positively impact its market positioning and stakeholder confidence.
On October 3, 2025, ZTO Express announced a series of share repurchases conducted in late September and early October 2025. The company repurchased a total of 2,023,815 American depository shares, with transactions occurring on various dates, including September 24, 25, 26, 29, 30, and October 2, 2025. These repurchases reflect ZTO Express’s strategic financial management and commitment to enhancing shareholder value. The transactions were executed at prices ranging from USD 18.98 to USD 19.60 per share, demonstrating the company’s active engagement in managing its equity structure.
On September 24-30, 2025, ZTO Express repurchased a total of 2,020,008 American depository shares, representing Class A ordinary shares, at prices ranging from USD 18.76 to USD 19.60 per share. These repurchases, authorized by a resolution on June 17, 2025, reflect ZTO’s strategic financial management and commitment to enhancing shareholder value. The transactions were conducted on the New York Stock Exchange, and the repurchased shares are intended for cancellation, indicating a focus on optimizing the company’s capital structure.
ZTO Express announced a series of share repurchases in late September 2025, buying back a total of 1,602,894 American depository shares. This move is part of a repurchase mandate authorized on June 17, 2025, allowing the company to repurchase up to 80,446,849 shares. The repurchase activity, which included transactions on the New York Stock Exchange, reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value. The repurchased shares have not yet been canceled, and the company has a moratorium period for issuing new shares or transferring treasury shares until October 29, 2025.
On September 29, 2025, ZTO Express announced changes in its issued shares, specifically highlighting the repurchase of American depository shares on September 24, 25, and 26, 2025. The repurchase involved a total of 1,185,780 shares, reflecting a strategic move to manage its share capital and potentially enhance shareholder value. This action underscores ZTO Express’s commitment to optimizing its capital structure and maintaining compliance with regulatory requirements, which may positively impact its market positioning and stakeholder confidence.
On September 24 and 25, 2025, ZTO Express repurchased a total of 791,301 American depository shares, representing Class A ordinary shares, on the New York Stock Exchange. The repurchase was part of a mandate authorized on June 17, 2025, allowing the company to repurchase up to 80,446,849 shares. This strategic move is likely aimed at consolidating the company’s share value and optimizing its capital structure, potentially impacting its market positioning and shareholder value.
On September 24, 2025, ZTO Express repurchased 395,651 American depository shares, representing Class A ordinary shares, on the New York Stock Exchange at a price range of USD 18.76 to USD 19.29 per share. This repurchase, amounting to USD 7,515,430.31, was conducted under the company’s repurchase mandate, reflecting a strategic move to manage its share capital and potentially enhance shareholder value.
On September 9, 2025, ZTO Express released its 2025 Interim Report, highlighting its financial performance and operational updates. The report is crucial for stakeholders as it provides insights into the company’s current market position and future strategies, impacting its operations and industry standing.
On September 2, 2025, ZTO Express completed a significant financial maneuver by repurchasing US$982,252,000 worth of its 1.50% Convertible Senior Notes due 2027. This repurchase, which involved 33,630,148 American depositary shares, reflects the company’s strategic financial management and impacts its capital structure by reducing outstanding debt. The move leaves US$17,748,000 of the 2027 Notes still outstanding, positioning the company for potentially enhanced financial stability and flexibility.
On September 2, 2025, ZTO Express submitted a monthly return form to The Stock Exchange of Hong Kong Limited, detailing movements in its authorized share capital and issued shares for August 2025. The report highlighted that there were no changes in the number of authorized and issued shares during the month. Additionally, ZTO Express announced the completion of a Repurchase Right offer for its 2027 Notes, with $982.25 million in principal amount surrendered, reflecting the company’s ongoing financial management strategies.
On August 5, 2025, ZTO Express submitted a monthly return form to The Stock Exchange of Hong Kong Limited, detailing the movements in its authorized share capital and issued shares for July 2025. The report indicated no changes in the number of authorized or issued shares, maintaining stability in its share capital structure. This submission aligns with regulatory requirements and reflects the company’s compliance with listing rules, ensuring transparency for stakeholders.