ZTO Express (Cayman) Inc - ADR Key Ratios
$20.15
As on 16-Oct-2026 16:00EDT
Market cap
$14,971 Mln
Revenue (TTM)
$53,904 Mln
P/E Ratio
10.9
P/B Ratio
1.6
Div. Yield
3.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.23 | 22.63 | 16.38 | 12.82 | 13.44 |
| EBIT | 15.70 | 21.30 | 2.24 | 4.65 | 18.64 |
| Net Profit | 44.96 | 57.71 | 17.71 | 6.39 | 16.09 |
| EPS | 40.69 | 60.24 | 21.78 | 8.52 | 19.18 |
| Book Value | -- | -- | 12.92 | 9.24 | 7.33 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 26.30 | 24.43 | 22.15 | 23.20 | 27.13 |
| Net Margin
| -- | -- | 19.03 | -- | -- |
| Return on equity
| 14.53 | 13.32 | 15.55 | 13.75 | 14.47 |
| Return on Capital
| 11.64 | 11.07 | -- | 11.23 | 11.40 |
| Return on Assets
| 9.95 | 9.46 | 8.35 | 9.63 | 9.75 |
| Debt to Equity (x)
| -- | -- | 0.16 | 0.17 | 0.28 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
--
|
11.23
|
11.40
|
12.29
|
11.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
15.55
Lower than Peers by 0.07
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
15.55
|
13.75
|
14.47
|
15.37
|
13.26
|
|
Peer Median
|
15.62
|
--
|
--
|
--
|
--
|
ROA
8.35
Higher than Peers by 2.88
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
8.35
|
9.63
|
9.75
|
10.48
|
9.64
|
|
Peer Median
|
5.47
|
--
|
--
|
--
|
--
|
EBIT Margin
22.15
Higher than Peers by 15.29
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
22.15
|
23.20
|
27.13
|
28.58
|
23.96
|
|
Peer Median
|
6.87
|
--
|
--
|
--
|
--
|
Net Margin
19.03
Higher than Peers by 14.56
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
19.03
|
18.49
|
19.91
|
22.77
|
19.25
|
|
Peer Median
|
4.48
|
--
|
--
|
--
|
--
|
Revenue Growth
16.38
Higher than Peers by 16.48
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
16.38
|
0.08
|
0.15
|
0.09
|
0.16
|
|
Peer Median
|
-0.10
|
--
|
--
|
--
|
--
|
EBIT Growth
2.24
Higher than Peers by 6.97
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
2.24
|
-7.78
|
9.43
|
29.51
|
44.52
|
|
Peer Median
|
-4.73
|
--
|
--
|
--
|
--
|
Net Profit Growth
17.71
Higher than Peers by 28.04
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
17.71
|
0.19
|
0.78
|
28.49
|
43.20
|
|
Peer Median
|
-10.34
|
--
|
--
|
--
|
--
|
EPS Growth
21.78
Higher than Peers by 29.73
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
21.78
|
0.06
|
0.01
|
0.29
|
0.38
|
|
Peer Median
|
-7.95
|
--
|
--
|
--
|
--
|
Book Value Growth
1.26
Lower than Peers by 3.12
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
1.26
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.38
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.16
Lower than Peers by 0.14
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
0.16
|
0.17
|
0.28
|
0.26
|
0.24
|
|
Peer Median
|
0.30
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.18
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
0.18
|
0.17
|
0.27
|
0.13
|
0.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.67
Higher than Peers by 0.43
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
1.67
|
1.49
|
1.07
|
1.34
|
1.49
|
|
Peer Median
|
1.24
|
--
|
--
|
--
|
--
|
Quick Ratio
1.64
Higher than Peers by 0.43
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
1.64
|
1.45
|
1.07
|
1.34
|
1.49
|
|
Peer Median
|
1.21
|
--
|
--
|
--
|
--
|
Interest Coverage
82.35
Higher than Peers by 75.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
82.35
|
45.81
|
35.55
|
37.92
|
44.49
|
|
Peer Median
|
6.83
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
5.05
Lower than Peers by 7.59
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
5.05
|
5.11
|
14.15
|
12.22
|
12.95
|
|
Peer Median
|
12.64
|
--
|
--
|
--
|
--
|
Asset Turnover
0.44
Lower than Peers by 0.49
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
0.44
|
0.52
|
0.49
|
0.46
|
0.50
|
|
Peer Median
|
0.93
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
--
|
33.29
|
45.21
|
44.09
|
47.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
--
|
4.07
|
0.40
|
0.47
|
0.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
--
|
25.70
|
30.00
|
32.49
|
28.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
--
|
11.66
|
15.61
|
12.07
|
19.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.94
Lower than Peers by 22.01
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
10.94
|
1.88
|
1.86
|
2.04
|
3.32
|
|
Peer Median
|
32.95
|
--
|
--
|
--
|
--
|
Price / Book Value
1.55
Lower than Peers by 1.69
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
1.55
|
0.25
|
0.26
|
0.30
|
0.42
|
|
Peer Median
|
3.24
|
--
|
--
|
--
|
--
|
Dividend Yield
3.45
Higher than Peers by 2.31
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
3.45
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.14
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.37
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
7.37
|
0.16
|
0.76
|
0.97
|
1.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
14,971
Higher than Peers by 13,474
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ZTO Express (Cayman) Inc - ADR
|
14,971
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,497
|
--
|
--
|
--
|
--
|