ZTO Express (Cayman) Inc. ZTO
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
What this company does
Written from the business description in ZTO Express (Cayman) Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 April 2026. Every sentence was checked against that document before publication.
Growth
Revenue compounded at +14.3% a year over the five years to FY2025 — but profit grew faster: net income at +16.1%, earnings per share at +15.6%.
The share count fell from 0.83B to 0.79B — the buyback concentrates the same profit into fewer slices.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
Each CNY of equity produced 14 cents of profit this year.
The 12-year record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue CNY B | 49.1 | 44.3 | 38.4 | 35.4 | 30.4 | 25.2 | 22.1 | 17.6 | 13.1 | 9.8 | 6.1 | 3.9 |
| Operating income CNY B | 10.5 | 11.8 | 10.0 | 7.7 | 5.5 | 4.8 | 5.5 | 4.3 | 3.7 | 2.8 | 1.5 | 0.6 |
| EBITDA CNY B | 13.9 | 14.8 | 12.9 | 10.4 | 7.7 | 6.6 | 6.7 | 5.2 | 4.3 | 3.1 | 1.7 | 0.7 |
| Income tax CNY B | 1.9 | 2.8 | 1.9 | 1.6 | 1.0 | 0.7 | 1.1 | 0.9 | 0.6 | 0.7 | 0.4 | 0.2 |
| Net income CNY B | 9.1 | 8.8 | 8.7 | 6.8 | 4.8 | 4.3 | 5.7 | 4.4 | 3.2 | 2.1 | 1.3 | 0.4 |
| Free cash flow CNY B | 6.8 | 6.2 | 6.8 | 4.4 | −1.1 | −2.3 | 1.7 | 1.1 | 1.1 | 0.6 | 1.1 | 0.5 |
| EPS, diluted CNY | 11.19 | 10.70 | 10.60 | 8.36 | 5.80 | 5.42 | 7.23 | 5.82 | 4.40 | 2.91 | 2.15 | 0.68 |
| Dividend / sh CNY | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ |
| Payout % | 41 | 64 | 24 | 19 | 28 | 38 | 22 | 20 | — | — | 9 | — |
| ROE % | 14.1 | 14.5 | 15.4 | 13.3 | 9.7 | 9.9 | 15.6 | 15.8 | 15.3 | 16.0 | 28.8 | 12.0 |
| Shares out B | 0.79 | 0.80 | 0.80 | 0.81 | 0.81 | 0.83 | 0.78 | 0.79 | ◌ | ◌ | 0.60 | ◌ |
Slide the table for earlier years. "—" not applicable · "◌" not available in our data.
This company against its peers
Company facts, as filed
Reconciled in 12 of the 12 fiscal years we could check. 16 checks were skipped: the balance sheet is not tagged before 2015. Seven checks were skipped: EPS is not tagged before 2014. Seven checks were skipped: revenue is not tagged before 2014.