¥15.73B Market Cap.
ZTO Market Cap. (MRY)
ZTO Shares Outstanding (MRY)
ZTO Assets (MRY)
Total Assets
¥92.34B
Total Liabilities
¥29.67B
Total Investments
¥24.78B
ZTO Income (MRY)
Revenue
¥44.28B
Net Income
¥8.82B
Operating Expense
¥1.94B
ZTO Cash Flow (MRY)
CF Operations
¥11.43B
CF Investing
-¥5.98B
CF Financing
-¥5.00B
ZTO Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.97 | 5.00% | 162.16% | 8.86% | 11.29 |
2023 | $0.37 | 1.70% | 48.00% | 3.42% | 29.27 |
2022 | $0.25 | 0.90% | 0.00% | 2.97% | 33.64 |
2021 | $0.25 | 0.90% | -16.67% | 4.31% | 23.20 |
2020 | $0.30 | 1.00% | - | 5.54% | 18.07 |
ZTO Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | ¥92,340,330,000 (4.38%) | ¥88,465,221,000 (12.66%) | ¥78,523,586,000 (25.09%) | ¥62,772,343,000 (6.03%) |
Assets Current | ¥30,353,721,000 (12.61%) | ¥26,953,548,000 (10.13%) | ¥24,475,027,000 (31.12%) | ¥18,666,359,000 (-16.39%) |
Assets Non-Current | ¥61,986,609,000 (0.77%) | ¥61,511,673,000 (13.81%) | ¥54,048,559,000 (22.54%) | ¥44,105,984,000 (19.59%) |
Goodwill & Intangible Assets | ¥10,428,817,000 (5.32%) | ¥9,901,882,000 (1.93%) | ¥9,713,929,000 (1.05%) | ¥9,612,724,000 (11.21%) |
Shareholders Equity | ¥62,062,392,000 (3.78%) | ¥59,801,745,000 (10.69%) | ¥54,028,551,000 (11.08%) | ¥48,637,247,000 (-0.70%) |
Property Plant & Equipment Net | ¥34,481,682,000 (4.96%) | ¥32,853,218,000 (10.91%) | ¥29,621,710,000 (14.69%) | ¥25,827,135,000 (32.85%) |
Cash & Equivalents | ¥13,502,959,000 (3.71%) | ¥13,020,452,000 (3.43%) | ¥12,588,256,000 (29.12%) | ¥9,748,961,000 (-32.04%) |
Accumulated Other Comprehensive Income | -¥294,694,000 (-54.51%) | -¥190,724,000 (-120.05%) | -¥86,672,000 (64.20%) | -¥242,104,000 (-153.32%) |
Deferred Revenue | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) |
Total Investments | ¥24,777,609,000 (-1.60%) | ¥25,180,858,000 (30.65%) | ¥19,273,676,000 (86.86%) | ¥10,314,684,000 (-8.06%) |
Investments Current | ¥10,027,064,000 (16.73%) | ¥8,590,078,000 (28.12%) | ¥6,704,832,000 (69.45%) | ¥3,956,780,000 (-5.40%) |
Investments Non-Current | ¥14,750,545,000 (-11.09%) | ¥16,590,780,000 (32.00%) | ¥12,568,844,000 (97.69%) | ¥6,357,904,000 (-9.65%) |
Inventory | ¥38,569,000 (37.38%) | ¥28,074,000 (-30.74%) | ¥40,537,000 (-51.14%) | ¥82,961,000 (56.32%) |
Trade & Non-Trade Receivables | ¥2,877,132,000 (35.28%) | ¥2,126,830,000 (-17.31%) | ¥2,572,164,000 (9.62%) | ¥2,346,389,000 (22.95%) |
Trade & Non-Trade Payables | ¥2,463,395,000 (-3.66%) | ¥2,557,010,000 (16.09%) | ¥2,202,692,000 (11.22%) | ¥1,980,471,000 (19.39%) |
Accumulated Retained Earnings (Deficit) | ¥39,098,553,000 (7.71%) | ¥36,301,185,000 (23.22%) | ¥29,459,491,000 (29.68%) | ¥22,716,799,000 (7.98%) |
Tax Assets | ¥984,567,000 (11.91%) | ¥879,772,000 (17.29%) | ¥750,097,000 (-19.76%) | ¥934,848,000 (29.74%) |
Tax Liabilities | ¥1,503,434,000 (54.76%) | ¥971,457,000 (68.98%) | ¥574,894,000 (51.63%) | ¥379,145,000 (24.88%) |
Total Debt | ¥17,345,129,000 (12.36%) | ¥15,437,672,000 (17.63%) | ¥13,123,461,000 (195.53%) | ¥4,440,723,000 (77.06%) |
Debt Current | ¥16,967,412,000 (113.37%) | ¥7,952,243,000 (36.54%) | ¥5,824,141,000 (49.93%) | ¥3,884,632,000 (93.70%) |
Debt Non-Current | ¥377,717,000 (-94.95%) | ¥7,485,429,000 (2.55%) | ¥7,299,320,000 (1212.61%) | ¥556,091,000 (10.67%) |
Total Liabilities | ¥29,665,497,000 (5.25%) | ¥28,184,813,000 (17.19%) | ¥24,051,116,000 (73.72%) | ¥13,844,762,000 (37.01%) |
Liabilities Current | ¥28,273,235,000 (40.94%) | ¥20,061,184,000 (22.28%) | ¥16,405,324,000 (26.23%) | ¥12,996,315,000 (39.03%) |
Liabilities Non-Current | ¥1,392,262,000 (-82.86%) | ¥8,123,629,000 (6.25%) | ¥7,645,792,000 (801.15%) | ¥848,447,000 (12.01%) |
ZTO Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | ¥44,280,720,000 (15.26%) | ¥38,418,915,000 (8.60%) | ¥35,376,996,000 (16.35%) | ¥30,405,839,000 (20.59%) |
Cost of Revenue | ¥30,563,628,000 (14.23%) | ¥26,756,389,000 (1.59%) | ¥26,337,721,000 (10.59%) | ¥23,816,462,000 (22.91%) |
Selling General & Administrative Expense | ¥2,690,017,000 (10.92%) | ¥2,425,253,000 (16.75%) | ¥2,077,372,000 (10.74%) | ¥1,875,869,000 (12.75%) |
Research & Development Expense | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) |
Operating Expenses | ¥1,940,233,000 (17.26%) | ¥1,654,602,000 (27.00%) | ¥1,302,794,000 (19.92%) | ¥1,086,366,000 (0.33%) |
Interest Expense | ¥337,919,000 (16.71%) | ¥289,533,000 (51.97%) | ¥190,521,000 (50.61%) | ¥126,503,000 (258.29%) |
Income Tax Expense | ¥2,845,361,000 (46.77%) | ¥1,938,600,000 (18.69%) | ¥1,633,330,000 (62.45%) | ¥1,005,451,000 (45.75%) |
Net Loss Income from Discontinued Operations | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) |
Consolidated Income | ¥8,887,595,000 (1.52%) | ¥8,754,457,000 (31.47%) | ¥6,658,966,000 (41.64%) | ¥4,701,327,000 (8.66%) |
Net Income to Non-Controlling Interests | ¥70,760,000 (1197.63%) | ¥5,453,000 (103.63%) | -¥150,090,000 (-180.54%) | -¥53,500,000 (-475.89%) |
Net Income | ¥8,816,835,000 (0.78%) | ¥8,749,004,000 (28.49%) | ¥6,809,056,000 (43.20%) | ¥4,754,827,000 (10.26%) |
Preferred Dividends Income Statement Impact | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) | ¥0 (0%) |
Net Income Common Stock | ¥8,816,835,000 (0.78%) | ¥8,749,004,000 (28.49%) | ¥6,809,056,000 (43.20%) | ¥4,754,827,000 (10.26%) |
Weighted Average Shares | ¥804,875,816 (-0.35%) | ¥807,739,616 (-0.21%) | ¥809,442,862 (-1.28%) | ¥819,961,265 (3.00%) |
Weighted Average Shares Diluted | ¥838,441,916 (-0.06%) | ¥838,948,683 (2.28%) | ¥820,273,531 (0.04%) | ¥819,961,265 (2.99%) |
Earning Before Interest & Taxes (EBIT) | ¥12,000,115,000 (9.32%) | ¥10,977,137,000 (27.15%) | ¥8,632,907,000 (46.65%) | ¥5,886,781,000 (16.86%) |
Gross Profit | ¥13,717,092,000 (17.62%) | ¥11,662,526,000 (29.02%) | ¥9,039,275,000 (37.18%) | ¥6,589,377,000 (12.89%) |
Operating Income | ¥11,776,859,000 (17.68%) | ¥10,007,924,000 (29.36%) | ¥7,736,481,000 (40.59%) | ¥5,503,011,000 (15.75%) |
ZTO Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -¥5,980,724,000 (51.19%) | -¥12,252,751,000 (23.62%) | -¥16,041,890,000 (-83.20%) | -¥8,756,533,000 (-146.71%) |
Net Cash Flow from Financing | -¥4,995,180,000 (-548.86%) | -¥769,836,000 (-110.91%) | ¥7,058,202,000 (343.05%) | -¥2,903,985,000 (-134.83%) |
Net Cash Flow from Operations | ¥11,429,436,000 (-14.46%) | ¥13,360,967,000 (16.39%) | ¥11,479,308,000 (58.99%) | ¥7,220,217,000 (45.84%) |
Net Cash Flow / Change in Cash & Cash Equivalents | ¥479,637,000 (7.01%) | ¥448,223,000 (-84.18%) | ¥2,833,726,000 (161.73%) | -¥4,590,731,000 (-150.54%) |
Net Cash Flow - Business Acquisitions and Disposals | - | - | ¥206,930,000 (145.16%) | -¥458,239,000 (16.74%) |
Net Cash Flow - Investment Acquisitions and Disposals | - | - | -¥8,949,038,000 (-1082.11%) | ¥911,208,000 (-85.19%) |
Capital Expenditure | ¥0 (0%) | ¥0 (0%) | -¥7,299,782,000 (20.74%) | -¥9,209,502,000 (-0.64%) |
Issuance (Repayment) of Debt Securities | - | - | ¥8,203,144,000 (304.94%) | ¥2,025,788,000 (41.37%) |
Issuance (Purchase) of Equity Shares | - | - | -¥84,547,000 (97.78%) | -¥3,810,586,000 (-144.60%) |
Payment of Dividends & Other Cash Distributions | - | - | -¥1,323,205,000 (2.27%) | -¥1,353,969,000 (17.91%) |
Effect of Exchange Rate Changes on Cash | ¥26,105,000 (-76.23%) | ¥109,843,000 (-67.51%) | ¥338,106,000 (324.76%) | -¥150,430,000 (77.07%) |
Share Based Compensation | ¥637,384,000 (24.99%) | ¥509,952,000 (184.92%) | ¥178,980,000 (-27.84%) | ¥248,027,000 (-6.11%) |
Depreciation Amortization & Accretion | ¥3,023,406,000 (5.15%) | ¥2,875,209,000 (7.66%) | ¥2,670,546,000 (20.20%) | ¥2,221,768,000 (20.72%) |
ZTO Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 31.00% (1.97%) | 30.40% (18.75%) | 25.60% (17.97%) | 21.70% (-6.06%) |
Profit Margin | 19.90% (-12.72%) | 22.80% (18.75%) | 19.20% (23.08%) | 15.60% (-8.77%) |
EBITDA Margin | 33.90% (-6.09%) | 36.10% (12.81%) | 32.00% (19.85%) | 26.70% (-2.20%) |
Return on Average Equity (ROAE) | 14.60% (-5.19%) | 15.40% (15.79%) | 13.30% (34.34%) | 9.90% (0.00%) |
Return on Average Assets (ROAA) | 9.60% (-6.80%) | 10.30% (9.57%) | 9.40% (20.51%) | 7.80% (-3.70%) |
Return on Sales (ROS) | 27.10% (-5.24%) | 28.60% (17.21%) | 24.40% (25.77%) | 19.40% (-3.00%) |
Return on Invested Capital (ROIC) | 19.80% (8.79%) | 18.20% (-5.21%) | 19.20% (9.09%) | 17.60% (-1.12%) |
Dividend Yield | 5.00% (194.12%) | 1.70% (88.89%) | 0.90% (0.00%) | 0.90% (-10.00%) |
Price to Earnings Ratio (P/E) | 13.03 (-6.45%) | 13.93 (-37.44%) | 22.27 (-28.49%) | 31.14 (-11.50%) |
Price to Sales Ratio (P/S) | 2.59 (-18.22%) | 3.17 (-25.97%) | 4.29 (-12.01%) | 4.87 (-19.12%) |
Price to Book Ratio (P/B) | 1.85 (-9.14%) | 2.04 (-27.47%) | 2.81 (-6.50%) | 3 (-1.41%) |
Debt to Equity Ratio (D/E) | 0.48 (1.49%) | 0.47 (5.84%) | 0.45 (56.14%) | 0.28 (38.35%) |
Earnings Per Share (EPS) | 10.95 (1.11%) | 10.83 (28.78%) | 8.41 (45.00%) | 5.8 (7.01%) |
Sales Per Share (SPS) | 7.54 (12.33%) | 6.71 (7.00%) | 6.27 (8.22%) | 5.79 (19.64%) |
Free Cash Flow Per Share (FCFPS) | 14.2 (-14.15%) | 16.54 (220.38%) | 5.16 (312.82%) | -2.43 (54.02%) |
Book Value Per Share (BVPS) | 77.11 (4.15%) | 74.04 (10.92%) | 66.75 (12.53%) | 59.32 (-3.59%) |
Tangible Assets Book Value Per Share (TABVPS) | 101.77 (4.63%) | 97.26 (14.41%) | 85.01 (31.12%) | 64.83 (2.08%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (-16.67%) | 12 (-33.33%) | 18 (-25.00%) | 24 (-11.11%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.09 (-13.13%) | 9.31 (-30.57%) | 13.41 (-23.03%) | 17.42 (-12.15%) |
Asset Turnover | 0.48 (6.39%) | 0.45 (-6.97%) | 0.49 (-1.81%) | 0.5 (5.07%) |
Current Ratio | 1.07 (-20.09%) | 1.34 (-9.92%) | 1.49 (3.90%) | 1.44 (-39.87%) |
Dividends | ¥0.97 (162.16%) | ¥0.37 (48.00%) | ¥0.25 (0.00%) | ¥0.25 (-16.67%) |
Free Cash Flow (FCF) | ¥11,429,436,000 (-14.46%) | ¥13,360,967,000 (219.68%) | ¥4,179,526,000 (310.10%) | -¥1,989,285,000 (52.64%) |
Enterprise Value (EV) | ¥16,643,403,095 (-8.49%) | ¥18,186,939,288 (-16.36%) | ¥21,744,772,081 (-1.47%) | ¥22,069,744,778 (5.84%) |
Earnings Before Tax (EBT) | ¥11,662,196,000 (9.12%) | ¥10,687,604,000 (26.59%) | ¥8,442,386,000 (46.56%) | ¥5,760,278,000 (15.16%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | ¥15,023,521,000 (8.45%) | ¥13,852,346,000 (22.55%) | ¥11,303,453,000 (39.40%) | ¥8,108,549,000 (17.89%) |
Invested Capital | ¥57,480,448,000 (-5.65%) | ¥60,919,375,000 (15.07%) | ¥52,939,538,000 (51.88%) | ¥34,855,066,000 (18.65%) |
Working Capital | ¥2,080,486,000 (-69.81%) | ¥6,892,364,000 (-14.59%) | ¥8,069,703,000 (42.32%) | ¥5,670,044,000 (-56.31%) |
Tangible Asset Value | ¥81,911,513,000 (4.26%) | ¥78,563,339,000 (14.17%) | ¥68,809,657,000 (29.44%) | ¥53,159,619,000 (5.14%) |
Market Capitalization | ¥15,729,257,069 (-8.42%) | ¥17,174,684,233 (-21.06%) | ¥21,757,528,827 (-4.63%) | ¥22,814,410,716 (0.06%) |
Average Equity | ¥60,230,949,500 (6.06%) | ¥56,791,696,500 (10.99%) | ¥51,169,365,500 (6.31%) | ¥48,131,028,250 (10.92%) |
Average Assets | ¥91,659,879,500 (8.26%) | ¥84,670,025,000 (16.80%) | ¥72,492,535,750 (18.44%) | ¥61,203,676,500 (14.91%) |
Invested Capital Average | ¥60,454,810,250 (0.44%) | ¥60,192,478,250 (34.16%) | ¥44,865,043,000 (34.07%) | ¥33,463,467,500 (18.17%) |
Shares | 804,565,579 (-0.31%) | 807,081,026 (-0.33%) | 809,733,116 (0.16%) | 808,448,289 (3.39%) |
