ZTO Express (Cayman) Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Total revenue	47.76	44.28	38.42	35.38	30.41	25.21	22.11	17.60	13.06	9.79	6.09	3.90
Cost of revenue	35.82	30.56	26.76	26.34	23.82	19.38	15.49	12.24	8.71	6.35	4.00	2.77
Gross profit	11.94	13.72	11.66	9.04	6.59	5.84	6.62	5.36	4.35	3.44	2.09	1.13
Total operating expenses +	2.57	1.94	1.65	1.30	1.09	1.08	1.16	1.03	0.60	0.67	0.56	0.53
Selling, general and administrative	2.64	2.69	2.29	2.08	1.88	1.66	1.55	1.21	0.78	0.71	0.59	0.00
Research and development							0.00	0.00	0.00	0.00	0.00	0.00
Other operating expenses	-0.07	-0.75	-0.63	-0.77	-0.79	-0.58	-0.39	-0.18	-0.18	-0.03	-0.03	0.53
Operating income	9.37	11.78	10.01	7.74	5.50	4.75	5.46	4.33	3.75	2.77	1.53	0.60
Non-operating income (net)	1.47	-0.04	0.69	0.56	0.20	0.26	1.29	0.98	0.06	0.01	0.22	0.01
Income before tax	10.84	11.73	10.69	8.29	5.71	5.02	6.75	5.32	3.81	2.78	1.75	0.61
Income tax expense	1.85	2.85	1.94	1.63	1.01	0.69	1.08	0.93	0.65	0.73	0.42	0.20
Net income	8.83	8.82	8.75	6.81	4.75	4.31	5.67	4.38	3.16	2.05	1.33	0.41

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14
Total revenue	13.28	14.31	11.80	11.83	10.89	12.92	10.68	10.73	9.96	10.62	9.08	9.74	8.98	9.87	8.94	8.66	7.90	9.22	7.39	7.33	6.47	8.26	6.64	6.40	3.92	6.85	5.27	5.42	4.57	5.63	4.23	4.20	3.54	4.33	3.14	2.97	2.61	3.19	2.35	2.29	1.96	2.19	1.41	1.24	1.24	0.63
Cost of revenue	10.05	10.68	8.86	8.89	8.20	9.16	7.34	7.11	6.96	7.49	6.37	6.44	6.46	7.10	6.50	6.45	6.28	6.97	5.82	5.65	5.38	6.40	5.25	4.63	3.10	4.85	3.67	3.66	3.31	4.08	2.91	2.74	2.51	2.98	2.01	1.85	1.88	2.03	1.50	1.46	1.36	1.35	0.97	0.84	0.84	0.44
Gross profit	3.24	3.63	2.94	2.94	2.69	3.76	3.33	3.62	3.00	3.13	2.71	3.30	2.52	2.77	2.44	2.20	1.62	2.25	1.57	1.67	1.10	1.86	1.39	1.77	0.82	2.00	1.60	1.77	1.26	1.55	1.33	1.46	1.03	1.35	1.14	1.12	0.73	1.16	0.85	0.83	0.60	0.83	0.44	0.41	0.41	0.19
Total operating expenses +	0.74	0.63	0.63	0.47	0.28	0.31	0.49	0.41	0.74	0.37	0.28	0.43	0.57	0.31	0.27	0.22	0.50	0.20	0.21	0.22	0.46	0.29	0.22	0.12	0.45	0.19	0.20	0.28	0.50	0.20	0.23	0.27	0.33	0.13	0.19	0.20	0.07	0.19	0.12	0.23	0.15	0.19	0.14	0.12	0.12	3.09
Selling, general and administrative	0.82	0.64	0.63	0.62	0.74	0.66	0.54	0.59	0.90	0.70	0.43	0.50	0.79	0.56	0.44	0.46	0.62	0.47	0.39	0.39	0.62	0.42	0.37	0.31	0.56	0.39	0.29	0.31	0.56	0.28	0.25	0.27	0.42	0.22	0.19	0.20	0.16	0.20	0.13	0.22	0.03	0.03	0.02	0.02	0.02	0.09
Research and development																										0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other operating expenses	-0.07	-0.01	0.00	-0.15	-0.45	-0.35	-0.05	-0.19	-0.16	-0.33	-0.15	-0.08	-0.21	-0.25	-0.17	-0.24	-0.11	-0.28	-0.18	-0.18	-0.16	-0.13	-0.15	-0.19	-0.11	-0.21	-0.09	-0.03	-0.06	-0.08	-0.02	0.00	-0.08	-0.09	0.00	0.00	-0.09	-0.01	-0.01	0.01	0.12	0.16	0.11	0.09	0.10	3.00
Operating income	2.49	3.00	2.31	2.48	2.41	3.45	2.84	3.22	2.27	2.76	2.42	2.88	1.95	2.46	2.17	1.99	1.12	2.05	1.36	1.46	0.63	1.57	1.17	1.65	0.37	1.81	1.40	1.49	0.76	1.35	1.09	1.19	0.70	1.23	0.94	0.92	0.66	0.97	0.74	0.60	0.45	0.65	0.30	0.29	0.29	0.10
Non-operating income (net)	0.21	0.29	0.37	0.07	0.17	0.05	0.09	0.06	-0.25	0.10	0.20	0.23	0.17	0.17	0.16	0.21	0.01	0.07	0.02	0.07	0.05	0.01	0.01	0.11	0.13	0.84	0.17	0.16	0.11	0.15	0.17	0.65	0.01	0.00	0.01	0.03	0.01	0.02	0.00	0.00	0.01	0.22	0.00	0.00	0.00	0.00
Income before tax	2.71	3.29	2.68	2.54	2.57	3.51	2.93	3.28	2.01	2.86	2.62	3.11	2.12	2.63	2.33	2.20	1.13	2.12	1.38	1.53	0.68	1.58	1.18	1.75	0.50	2.65	1.57	1.65	0.87	1.50	1.26	1.84	0.71	1.23	0.95	0.95	0.67	0.99	0.73	0.60	0.46	0.87	0.30	0.29	0.29	0.10
Income tax expense	0.55	0.63	0.16	0.58	0.53	1.06	0.55	0.67	0.57	0.64	0.27	0.58	0.46	0.50	0.44	0.44	0.26	0.37	0.23	0.25	0.15	0.29	-0.03	0.30	0.13	0.33	0.27	0.29	0.19	0.22	0.20	0.35	0.15	0.01	0.24	0.23	0.17	0.25	0.19	0.17	0.12	0.17	0.09	0.08	0.08	0.03
Net income	2.12	2.59	2.51	1.94	1.99	2.38	2.40	2.61	1.43	2.19	2.35	2.54	1.67	2.16	1.93	1.81	0.91	1.76	1.17	1.29	0.53	1.29	1.20	1.45	0.37	2.33	1.31	1.36	0.68	1.28	1.06	1.49	0.56	1.22	0.72	0.72	0.50	0.74	0.55	0.43	0.34	0.70	0.21	0.21	0.21	0.07

about 13 hours ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Total cash and short-term investments +	25.68	22.31	19.79	17.45	12.57	17.90	16.38	18.22	10.65	11.30	2.45	0.16
Cash and cash equivalents	10.05	13.47	12.33	11.69	9.72	14.21	5.27	4.62	5.43	11.29	2.45	0.16
Short-term investments	15.63	8.85	7.45	5.75	2.85	3.69	11.11	13.60	5.22	0.01	0.00	0.00
Accounts receivable, net	2.44	6.27	4.70	4.58	4.57	3.08	0.70	1.12	0.29	0.20	0.08	0.28
Inventories	0.76	0.04	0.03	0.04	0.08	0.05	0.04	0.04	0.03	0.03	0.02	0.00
Other current assets	5.11	1.74	2.44	2.41	1.44	1.29	2.98	0.26	1.41	1.67	0.89	0.31
Total current assets	33.99	30.35	26.95	24.48	18.67	22.32	20.10	21.23	12.38	13.19	3.44	0.75
Total non-current assets +	57.10	61.99	61.51	54.05	44.11	36.88	25.79	18.45	13.45	10.22	7.14	4.22
Property, plant and equipment, net	35.83	34.48	32.85	29.62	25.83	19.44	13.37	9.04	6.47	4.07	1.75	0.00
Goodwill	4.16	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.16	4.09	2.38
Intangible assets	0.05	6.19	5.66	5.47	5.37	4.40	2.56	2.02	1.66	1.30	0.82	0.42
Long-term investments	7.17	13.89	15.63	11.27	4.94	5.07	4.06	2.21	0.61	0.54	0.00	0.00
Other non-current assets
Total assets	91.08	92.34	88.47	78.52	62.77	59.20	45.89	39.68	25.83	23.40	10.58	4.97

Total current liabilities +	22.88	28.27	20.06	16.41	13.00	9.35	6.68	5.14	4.15	3.52	2.65	1.53
Accounts payable	2.58	2.46	2.56	2.20	1.96	1.64	1.48	1.31	0.89	0.64	0.29	0.15
Short-term debt	11.07	16.97	7.95	5.82	3.88	2.01	0.30	0.41	0.25	0.45	0.30	0.25
Current portion of long-term debt	10.93	16.78	7.77	5.59	3.63	1.76	0.00	0.00	0.25	0.45	0.00	0.00
Deferred revenue
Other current liabilities	9.23	6.79	7.47	6.78	5.84	4.54	3.62	2.99	2.53	1.79	1.46	0.69
Total non-current liabilities +	1.02	1.39	8.12	7.65	0.85	0.76	0.81	0.27	0.24	0.13	0.09	0.05
Long-term debt	0.14	0.00	7.03	6.79			0.00	0.00	0.00	0.00	0.00	0.00
Capital lease obligations	0.40	0.56	0.64	0.74	0.81	0.75	0.80	0.00	0.00	0.00	0.00	0.00
Other non-current liabilities							0.09	0.09	0.06	0.00	0.00	0.00
Total liabilities	23.90	29.67	28.18	24.05	13.84	10.11	7.49	5.41	4.39	3.65	2.74	1.58

Total stockholders' equity +	66.43	62.06	59.80	54.03	48.64	48.98	38.30	34.27	21.44	19.75	7.83	3.37
Common stock and paid-in capital	23.48	22.96	23.50	24.57	25.92	27.94	21.58	23.22	14.77	16.24	6.24	2.97
Retained earnings	42.95	39.10	36.30	29.46	22.72	21.04	16.73	11.05	6.67	3.51	1.59	0.40
Common shares outstanding	821	838	839	820	820	796	784	753	718	635	783	783

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14
Total cash and short-term investments +	30.49	25.68	25.29	26.52	23.02	22.31	22.92	20.44	19.62	19.79	16.94	15.74	18.43	17.45	21.55	15.14	13.90	12.57	12.72	15.24	16.60	17.90	21.21	13.70	15.14	16.38	16.36	16.37	17.38	18.22	18.17	15.67	8.93	10.65	10.70	10.90	11.15	11.30	2.01	2.09	2.45	2.49	0.00	0.00	0.16	0.03
Cash and cash equivalents	11.41	10.05	9.39	13.29	12.42	13.47	11.70	10.54	12.58	12.33	9.28	7.78	9.56	11.69	14.59	9.93	9.90	9.72	10.36	12.10	11.07	14.21	16.41	5.26	5.02	5.27	5.06	7.11	6.09	4.62	6.27	6.06	3.39	5.43	5.18	5.71	6.33	11.29	1.98	2.06	-2.45	2.45			-0.16	0.03
Short-term investments	19.08	15.63	15.90	13.23	10.60	8.85	11.21	9.90	7.04	7.45	7.65	7.96	8.88	5.75	6.95	5.21	4.00	2.85	2.36	3.14	5.53	3.69	4.80	8.44	10.12	11.11	11.30	9.26	11.29	13.60	11.90	9.60	5.54	5.22	5.52	5.19	4.82	0.01	0.03	0.03	4.90	0.04			0.33
Accounts receivable, net	2.30	2.44	1.99	2.37	2.09	1.67	2.15	1.93	1.74	0.58	2.40	0.66	0.74	4.58	1.07	0.99	1.00	4.57	0.85	0.84	0.78	3.08	0.67	0.64	0.83	0.70	0.54	0.57	0.52	1.12	0.86	0.38	0.27	0.29	0.20	0.18	0.17	0.20	0.12	0.12		0.08				0.28
Inventories	0.04	0.76	0.05	0.05	0.04	0.04	0.03	0.03	0.04	0.03	0.03	0.03	0.03	0.04	0.06	0.03	0.06	0.08	0.05	0.04	0.05	0.05	0.05	0.06	0.06	0.04	0.04	0.04	0.03	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02		0.02				0.00
Other current assets	6.02	5.11	5.84	5.58	5.42	6.33	5.06	5.54	5.34	6.46	5.36	6.91	6.08	2.41	5.08	5.02	5.07	1.44	4.87	4.48	4.09	1.29	3.99	3.41	2.90	2.98	2.57	3.04	2.35	0.26	1.52	2.49	1.38	1.41	1.17	1.14	1.56	1.67	1.03	1.12		0.89				0.05
Total current assets	38.85	33.99	33.17	34.52	30.57	30.35	30.16	27.94	26.74	26.95	24.73	23.34	25.28	24.48	27.76	21.18	20.04	18.67	18.49	20.60	21.52	22.32	25.92	17.82	18.93	20.10	19.51	20.02	20.27	21.23	20.59	18.57	10.62	12.38	12.10	12.26	12.91	13.19	3.16	3.32	2.45	3.44			0.16	0.75
Total non-current assets +	58.93	57.10	57.38	60.10	62.58	61.99	63.16	63.17	63.14	61.51	62.74	58.72	55.41	54.05	49.83	47.33	45.31	44.11	42.17	40.67	38.59	36.88	32.98	30.66	27.53	25.79	22.97	20.51	19.86	18.45	16.71	15.73	14.20	13.45	12.37	11.54	10.93	10.22	9.30	8.40	-2.45	7.14			-0.16
Property, plant and equipment, net		35.83	35.84	35.35	35.08	34.48	34.16				32.52	31.70	30.59	29.62	28.79	27.66	26.67	25.83	24.16	22.22	20.16	19.44	17.32	15.44	14.18	13.37	11.63	10.33	10.07	0.00	0.00	0.00	0.00	0.00	0.88	0.76	0.67	0.59	0.49	0.40		0.27				0.15
Goodwill	4.16	4.16	4.16	4.16	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.24	4.16	4.16	4.16	4.16	4.16	4.16		4.09				0.38
Intangible assets	6.92	0.05	6.29	6.28	6.32	6.19	6.12	5.80	5.70	5.66	5.67	5.70	5.69	5.47	5.40	5.47	5.38	5.37	5.14	4.96	4.78	4.40	4.15	3.87	3.07	2.56	2.36	2.22	2.22	2.02	2.00	1.92	1.89	1.66	1.51	1.47	1.45	1.30	1.19	1.02		0.82				0.45
Long-term investments	8.46	7.17	7.79	10.94	13.41	13.89	15.60	16.13	16.40	15.63	17.80	14.90	12.09	11.27	7.54	6.25	5.26	4.94	4.91	5.43	5.21	5.07	4.74	4.71	4.19	4.06	2.23	2.20	2.19	0.00	0.00	0.00	0.00	0.00	0.56	0.53	0.53	0.54				0.38				0.39
Other non-current assets
Total assets	97.78	91.08	90.54	94.62	93.15	92.34	93.32	91.10	89.88	88.47	87.46	82.05	80.70	78.52	77.59	68.51	65.35	62.77	60.66	61.27	60.11	59.20	58.90	48.48	46.45	45.89	42.48	40.53	40.13	39.68	37.29	34.30	24.82	25.83	24.47	23.80	23.84	23.40	12.46	11.71		10.58				0.80

Total current liabilities +	23.69	22.88	24.07	28.45	29.06	28.27	31.28	22.09	23.26	20.06	21.13	17.73	19.10	16.41	17.50	16.98	15.88	13.00	12.75	11.29	11.30	9.35	9.86	8.78	8.15	6.68	5.48	5.31	5.71	5.14	3.92	3.93	3.89	4.15	3.65	3.10	3.52	3.52	2.79	2.63		2.65				0.25
Accounts payable	2.42	2.58	2.27	2.42	2.54	2.67	2.11	2.20	2.33	2.56	1.99	1.93	2.06	2.20	1.78	1.91	1.72	1.96	1.63	1.60	1.55	1.64	1.47	1.11	1.18	1.48	1.07	1.19	1.03	1.31	0.84	0.93	0.93	0.89	0.57	0.49	0.68	0.64	0.45	0.38		0.29				0.02
Short-term debt	11.21	11.07	11.78	18.37	16.70	16.97	17.92	10.55	8.22	7.95	9.83	6.95	7.03	5.82	7.41	7.52	6.34	3.88	5.02	3.97	3.26	2.01	3.07	2.43	0.57	0.30	0.28	0.23	0.25	0.56	0.40	0.41	0.25	0.25	0.25	0.25	0.70	0.45	0.30	0.41		0.30				0.25
Current portion of long-term debt	11.09	10.93	11.63	18.20	16.53	16.78	17.75	10.39	8.04	7.77	9.59	6.70	6.80	5.59	7.19	7.30	6.10	3.63	4.78	3.74	3.02	1.76	2.80	2.19	0.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.25	0.25	0.70	0.45				0.30				0.25
Deferred revenue
Other current liabilities	8.05	9.23	8.04	5.65	7.79	8.64	9.28	7.38	10.69	9.22	7.10	6.92	8.36	6.78	6.42	5.99	6.63	5.84	4.83	4.46	5.29	4.54	4.14	3.87	5.17	3.62	3.02	2.82	3.67	2.83	2.42	2.33	2.85	2.53	2.29	1.84	1.72	1.79	1.57	1.35		1.46				0.15
Total non-current liabilities +	11.21	1.02	1.10	1.31	1.23	1.39	0.92	8.04	8.22	8.12	8.01	7.99	7.59	7.65	7.72	0.79	0.83	0.85	0.85	0.81	0.77	0.76	0.67	0.71	0.75	0.81	0.61	0.63	0.80	0.27	0.24	0.24	0.24	0.24	0.20	0.20	0.16	0.13	0.13	0.11		0.09
Long-term debt	10.36	0.14	0.29	0.18	0.02	0.00	0.00	7.22	7.16	7.03	7.21	7.16	6.77	6.79	6.99											0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital lease obligations	0.34	0.40	0.45	0.49	0.54	0.56	0.54	0.48	0.59	0.64	0.68	0.74	0.72	0.74	0.69	0.74	0.78	0.81	0.85	0.78	0.76	0.75	0.73	0.66	0.71	0.80	0.65	0.62	0.80	0.00	0.00	0.00	0.00	0.00
Other non-current liabilities																								0.07	0.10	0.09	0.09	0.09	0.09	0.00	0.00	0.00	0.00	0.00
Total liabilities	34.90	23.90	25.18	29.76	30.28	29.67	32.20	30.13	31.49	28.18	29.13	25.72	26.69	24.05	25.22	17.77	16.71	13.84	13.60	12.10	12.06	10.11	10.53	9.49	8.89	7.49	6.09	5.94	6.50	5.41	4.16	4.17	4.12	4.39	3.85	3.30	3.68	3.65	2.92	2.74		2.74				0.25

Total stockholders' equity +	62.12	66.43	64.71	64.20	62.21	62.06	60.59	60.43	57.84	59.80	57.90	55.90	53.56	54.03	51.91	50.32	48.42	48.64	46.92	49.06	47.91	48.98	48.26	38.88	37.46	38.30	36.29	34.51	33.56	34.22	33.09	30.12	20.69	21.44	20.62	20.49	20.16	19.75	9.54	8.96	7.85	7.83			3.40	0.54
Common stock and paid-in capital	22.26	23.48	23.55	23.84	23.80	22.96	23.88	23.79	23.82	23.50	23.49	23.58	22.80	24.57	24.62	24.96	24.82	25.92	25.97	26.90	26.37	27.94	28.51	20.33	20.36	21.58	21.89	21.42	21.83	23.16	23.32	21.40	13.46	14.77	15.17	15.76	16.15	16.24	6.75	6.69	7.85	6.24	0.00	0.00	3.40	0.48
Retained earnings	39.86	42.95	41.15	40.35	38.42	39.10	36.72	36.63	34.02	36.30	34.41	32.32	30.76	29.46	27.30	25.36	23.60	22.72	20.95	22.16	21.54	21.04	19.75	18.55	17.10	16.73	14.40	13.09	11.73	11.05	9.78	8.72	7.23	6.67	5.45	4.73	4.01	3.51	2.78	2.28		1.59				0.06
Common shares outstanding	798	793	823	832	832	837	838	840	836	837	838	840	840	841	821	821	809	808	816	827	829	833	785	784	783	782	782	786	786	788	788	722	711	713	716	720	721	692	618	618	784	784	784	594	594

about 13 hours ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Operating cash flow +	11.97	11.43	13.36	11.48	7.22	4.95	6.30	4.40	3.63	2.54	1.87	1.07
Net income
Depreciation, depletion and amortization	3.38	3.02	2.88	2.22	2.22	1.84	1.26	0.85	0.56	0.32	0.16	0.06
Stock-based compensation	0.23	0.32	0.25	0.25	0.25	0.26	0.32	0.25	0.04	0.12	0.12	0.00
Change in inventory	0.00	-0.01	0.01	-0.03	-0.03	-0.01	0.00	-0.01	0.00	-0.02	-0.01	0.00
Other working capital changes	8.36	8.10	10.22	9.04	4.78	2.86	4.72	3.31	3.03	2.11	1.60	1.01
Cash flow from investing +	-4.83	-5.98	-12.25	-16.04	-8.76	-3.55	-3.66	-12.87	-8.29	-3.09	-1.45	-1.12
Capital expenditures	-6.07	-5.90	-6.67	-8.36	-9.33	-9.21	-5.23	-3.98	-2.83	-2.69	-1.48	-0.79
Others incl. marketable securities changes	1.25	-0.08	-5.58	-7.68	0.57	5.66	1.56	-8.89	-5.47	-0.40	0.03	-0.33
Cash flow from financing +	-10.57	-5.00	-0.77	7.06	-2.90	8.34	-1.98	7.04	-1.06	9.08	1.87	0.17
Dividend payout	-3.76	-5.61	-2.07	-1.35	-1.35	-1.65	-1.27	-0.90	-0.90	0.00	-0.12	-0.30
Common stock repurchases	-1.25	-1.16	-1.01	-0.08	-3.81	-1.23	-0.76	-0.77	-0.86	9.25	1.93	-0.18
Net Debt Issuance	-5.56	1.77	2.31	8.50	2.26	11.22	0.05	8.71	0.69	-0.17	0.05	0.66

Change in cash	-3.43	0.45	0.34	2.50	-4.44	9.74	0.66	-1.43	-5.73	8.53	2.29	0.13
Change in exchange rate							0.00	0.00	0.00	0.00	0.00	0.00

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14
Operating cash flow +	2.79	11.97	7.74	2.17	2.36	2.81	3.11	3.48	2.03	3.92	2.94	3.76	3.77	3.77	2.82	3.78	1.11	3.02	1.79	1.93	0.48	2.04	1.48	1.25	0.18	2.26	1.42	1.99	0.63	1.80	0.91	1.48	0.21	1.37	1.02	0.90	0.33	1.11	0.83	0.28	0.26	1.05	0.39	0.21	0.21	0.17
Net income
Depreciation, depletion and amortization				0.88	0.83	0.75		0.76	0.79	0.78	0.74	0.71	2.22	0.71	0.67	0.67	0.63	0.60	0.54	0.51	0.52	0.53	0.48	0.43	0.41	0.38	0.30	0.30	0.28	0.25	0.21	0.20	0.19	0.15	0.15	0.14	0.13	0.11	0.10	0.07		0.04	0.04	0.04	0.04	0.06
Stock-based compensation				0.00	0.22	0.01		0.01	0.30	0.30			0.25	0.18			0.18	0.26	0.00	0.00	0.25	0.32			0.26	0.01	0.01	0.01	0.28	0.01	0.01	0.03	0.20	0.01	0.01	0.01	0.00	0.00	0.00	0.08	0.04	0.01	0.05	0.03	0.03
Change in inventory					0.03				0.04	0.04			-0.03	-0.20	-0.20		-0.01	-0.12	-0.12	-0.12	0.00	-0.16	-0.16	-0.21	-0.01	-0.13	0.00	-0.01	0.00	-0.12	0.00	0.00	0.00	-0.11	-0.11	-0.11	-0.02	-0.10				-0.02		-0.03	-0.03	-0.01
Other working capital changes	2.79	11.97	7.74	1.28	1.29	2.05	3.11	2.72	0.91	2.81	2.19	3.06	1.33	3.08	2.36	3.11	0.30	2.28	1.37	1.55	-0.29	1.36	1.16	1.04	-0.49	2.00	1.10	1.70	0.07	1.66	0.69	1.25	-0.17	1.32	0.97	0.86	0.22	1.10	0.74	0.13	0.22	1.02	0.30	0.17	0.17	0.12
Cash flow from investing +		-4.83	-4.75	-1.16	-3.16	-5.98	-1.91	-4.67	-2.38	1.18	-4.03	-3.54	-5.87	-4.38	-4.74	-3.61	-3.31	-2.81	-1.39	-0.18	-4.37	-2.92	1.18	-1.10	-0.71	-2.04	-4.02	1.50	0.90	-3.33	-2.30	-5.65	-1.60	-0.72	-1.13	-1.14	-5.31	-1.09	-0.89	-0.46	-0.65	-0.78	-0.44	-0.12	-0.12	-1.12
Capital expenditures	0.00	0.00	0.00	-2.93	-5.21	0.00	0.00	-2.65	-6.53	-6.53	0.00	-4.45	-8.36	-7.07	-2.10	-3.24	-7.24	-8.36	-2.60	-3.96	-4.64	-7.24	-7.24	-2.62	-3.32	-4.64	0.00	-1.55	0.00	-3.32	0.00	0.00	0.00	-2.57	-2.57	-2.57	-2.57	-1.99	0.00	-0.08	0.00	-1.06	0.00	-0.17	-0.17	-0.10
Others incl. marketable securities changes	0.00	-4.83	-4.75	1.76	2.05	-5.98	-1.91	-2.02	4.15	7.71	-4.03	0.91	2.49	2.69	-2.64	-0.37	3.92	5.55	1.21	3.78	0.26	4.32	8.42	1.52	2.61	2.59	-4.02	3.05	0.90	-0.01	-2.30	-5.65	-1.60	1.85	1.44	1.43	-2.73	0.90	-0.89	-0.39	-0.65	0.29	-0.44	0.05	0.05	-1.02
Cash flow from financing +		-10.57	-7.05	-0.12	-0.26	-4.03	0.01	-1.10	0.13	-2.17	2.53	-1.97	-1.71	-1.71	6.34	-0.16	2.58	-0.79	-2.17	-0.94	0.99	-0.63	8.60	0.07	0.30	0.01	0.51	-2.49	-0.01	-0.15	1.38	6.62	-0.81	-0.20	-0.40	-0.71	0.25	9.01	-0.03	0.01	0.10	0.90	0.94	0.01	0.01	0.03
Dividend payout				-2.06	-5.61			-3.60	-2.07	-2.07		-2.07	-1.35	-1.32	-1.32	-1.31	-1.65	-1.35	-1.35	-1.35	-1.27	-1.65	-1.65	-1.33	-0.90	-1.27	0.00	-1.27	-0.90	-0.90	0.00	0.00	0.00	0.00				-0.90				-0.12		-0.01	-0.01	-0.12
Common stock repurchases				-0.05	-1.16				-1.01	-1.01		-0.29	-0.08	-0.08				-3.81		-0.55		-1.23				-0.76	0.00	-1.26	0.00	-0.77	0.00	0.00	0.00	-0.86				9.60				9.60				0.50
Net Debt Issuance	0.00	-10.57	-7.05	1.98	6.50	-4.03	0.01	2.50	3.21	0.91	2.53	0.39	-0.27	-0.30	7.67	1.15	4.23	4.38	-0.81	0.96	2.26	2.25	10.25	1.40	1.19	2.05	0.51	0.03	0.88	1.51	1.38	6.62	-0.81	0.66	-0.40	-0.71	0.25	0.30	-0.03	0.01	0.10	-8.59	0.94	0.03	0.03	-0.36

Change in cash	2.79	-3.43	-4.06	0.89	-1.06	-7.21	1.21	-2.29	-0.22	2.94	1.44	-1.75	-3.80	-2.32	4.43	0.01	0.37	-0.58	-1.77	0.80	-2.90	-1.50	11.26	0.22	-0.24	0.23	-2.09	1.00	1.51	-1.68	0.00	2.45	-2.19	0.45	-0.51	-0.94	-4.72	9.03	-0.08	-0.17	-0.28	1.17	0.90	0.11	0.11	-0.92
Change in exchange rate																										0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

about 13 hours ago

Ask a follow up

ZTO Express (Cayman) Inc.

Income Statement - ZTO Express (Cayman) Inc. (ZTO)

Income Statement - ZTO Express (Cayman) Inc. (ZTO)

Balance Sheet - ZTO Express (Cayman) Inc. (ZTO)

Balance Sheet - ZTO Express (Cayman) Inc. (ZTO)

Cash Flow - ZTO Express (Cayman) Inc. (ZTO)

Cash Flow - ZTO Express (Cayman) Inc. (ZTO)