ZTO Express (Cayman) Quarterly Balance Sheet
NYSE: ZTOIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ZTO Express (Cayman) financial position
As of Dec 31, 2025, ZTO Express (Cayman) reported total assets of $13.02 billion, up 32.1% from a year earlier against total liabilities of $3.42 billion. Shareholders' equity stood at $9.49 billion, or 72.9% of assets. The company held $1.43 billion in cash and equivalents against $1.56 billion of debt, a net debt position of $132.0 million.
The current ratio (current assets divided by current liabilities) was 1.49, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.16.
Summary generated from market data by MetaCap's automated system. Methodology
ZTO Express (Cayman) balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.43B | 1.84B | 1.74B | 1.70B | 1.53B | 2.18B | 757.02M | 672.32M | 833.81M | 1.63B |
| Short-Term Investments | 2.23B | 1.21B | 1.05B | 834.18M | 446.49M | 565.58M | 1.60B | 1.98B | 803.00M | — |
| Receivables | 184.11M | 206.01M | 80.64M | 118.74M | 146.48M | 114.33M | 97.04M | 86.83M | 44.24M | 28.49M |
| Inventory | 5.81M | 5.28M | 3.95M | 5.88M | 13.02M | 8.13M | 6.30M | 6.37M | 5.26M | 4.89M |
| Total Current Assets | 4.86B | 4.16B | 3.80B | 3.55B | 2.93B | 3.42B | 2.89B | 3.09B | 1.90B | 1.90B |
| Property, Plant & Equipment | 5.07B | 4.65B | 4.53B | 4.18B | 3.91B | 2.85B | 1.79B | 1.31B | 994.88M | 585.56M |
| Goodwill | 594.46M | 581.09M | 597.41M | 614.97M | 665.59M | 650.04M | 609.26M | 616.91M | 651.91M | 598.75M |
| Intangible Assets | 7.54M | 2.33M | 3.27M | 4.27M | 5.59M | 6.41M | 6.90M | 7.89M | 9.29M | 187.65M |
| Long-Term Investments | 746.61M | 1.65B | 1.71B | 1.06B | 190.58M | 282.30M | 135.91M | 321.05M | 93.78M | 77.37M |
| Total Assets | 13.02B | 12.65B | 12.46B | 11.38B | 9.85B | 9.07B | 6.59B | 5.77B | 3.97B | 3.37B |
| Accounts Payable | 368.54M | 337.48M | 360.15M | 319.36M | 307.18M | 250.71M | 211.91M | 190.79M | 136.66M | 91.66M |
| Short-Term Debt | 1.56B | 1.30B | 1.09B | 782.12M | 542.75M | 219.61M | — | — | 38.42M | 64.81M |
| Total Current Liabilities | 3.27B | 3.87B | 2.83B | 2.38B | 2.04B | 1.43B | 959.66M | 747.80M | 637.23M | 507.34M |
| Total Liabilities | 3.42B | 4.06B | 3.97B | 3.49B | 2.17B | 1.55B | 1.08B | 787.34M | 674.16M | 526.14M |
| Shareholders' Equity | 9.49B | 8.50B | 8.42B | 7.83B | 7.63B | 7.51B | 5.50B | 4.98B | 3.29B | 2.84B |
| Retained Earnings | 6.14B | 5.36B | 5.11B | 4.27B | 3.56B | 3.22B | 2.40B | 1.61B | 1.03B | 505.50M |
| Total Debt | 1.56B | 1.30B | 1.09B | 782.12M | 542.75M | 219.61M | — | — | 38.42M | 64.81M |
| Net Cash (Debt) | 2.10B | 1.75B | 1.69B | 1.75B | 1.43B | 2.52B | 2.35B | 2.65B | 1.60B | 1.56B |
| Shares Outstanding | 790.81M | 798.62M | 804.72M | 809.25M | 808.45M | 828.87M | 781.95M | 785.46M | — | — |
This table shows 10 quarterly periods of ZTO Express (Cayman)'s balance sheet, from Q4 2025 back to Q4 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow ZTO's reporting calendar. What is a balance sheet?