ZTO Express (Cayman) Inc
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce merchants and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.
ZTO Express (Cayman) Inc (ZTO) - Total Assets
Latest total assets as of September 2025: $90.54 Billion USD
Based on the latest financial reports, ZTO Express (Cayman) Inc (ZTO) holds total assets worth $90.54 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ZTO Express (Cayman) Inc - Total Assets Trend (2014–2024)
This chart illustrates how ZTO Express (Cayman) Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ZTO Express (Cayman) Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
ZTO Express (Cayman) Inc's total assets of $90.54 Billion consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $13.47 Billion | 14.6% |
| Accounts Receivable | $6.27 Billion | 6.8% |
| Inventory | $38.57 Million | 0.0% |
| Property, Plant & Equipment | $34.48 Billion | 37.3% |
| Intangible Assets | $6.19 Billion | 6.7% |
| Goodwill | $4.24 Billion | 4.6% |
Asset Composition Trend (2014–2024)
This chart illustrates how ZTO Express (Cayman) Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ZTO Express (Cayman) Inc's current assets represent 32.9% of total assets in 2024, an increase from 15.1% in 2014.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, up from 3.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 55.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.3% of total assets.
ZTO Express (Cayman) Inc Competitors by Total Assets
Key competitors of ZTO Express (Cayman) Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
ZTO Express (Cayman) Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - ZTO Express (Cayman) Inc generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, ZTO Express (Cayman) Inc generates $9.55 in net profit.
ZTO Express (Cayman) Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.38 | 0.96 | 2.39 |
| Quick Ratio | 1.38 | 0.96 | 2.38 |
| Cash Ratio | 0.39 | 0.37 | 0.00 |
| Working Capital | $9.09 Billion | $ -1.13 Billion | $ 12.98 Billion |
ZTO Express (Cayman) Inc - Advanced Valuation Insights
This section examines the relationship between ZTO Express (Cayman) Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.85 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | $92.34 Billion |
| Market Capitalization | $9.60 Billion USD |
Valuation Analysis
Below Book Valuation: The market values ZTO Express (Cayman) Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ZTO Express (Cayman) Inc's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ZTO Express (Cayman) Inc (2014–2024)
The table below shows the annual total assets of ZTO Express (Cayman) Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $92.34 Billion | +4.38% |
| 2023-12-31 | $88.47 Billion | +12.66% |
| 2022-12-31 | $78.52 Billion | +25.09% |
| 2021-12-31 | $62.77 Billion | +6.03% |
| 2020-12-31 | $59.20 Billion | +29.01% |
| 2019-12-31 | $45.89 Billion | +15.64% |
| 2018-12-31 | $39.68 Billion | +53.64% |
| 2017-12-31 | $25.83 Billion | +10.36% |
| 2016-12-31 | $23.40 Billion | +121.16% |
| 2015-12-31 | $10.58 Billion | +112.75% |
| 2014-12-31 | $4.97 Billion | -- |