P/B
1,6
ZTO Express
ZTO Express is China’s largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO’s strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
ZTO Express is China’s largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO’s strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
$14.9B
Market Cap • 10/2/2026
2002
(24 years)
Founded
2016
(10 years ago)
IPO
NYSE
Listing Exchange
China
Country
Valuation
P/S
1,9
P/EBITDA
9,1
P/OCF
7
P/FCF
7
P/E
10,5
BVPS
12,3
EPS
1,8
Market Cap
Market Cap
14,9B
EV
13,5B
EV/Revenue
1,7
EV/EBITDA
8,3
EV/EBIT
8,3
Payout
Dividend Per Share
0
Dividend Yield
0%
Buyback Yield
0%
Total Yield
0%
Dividend Yield 5Y
2%
Payout
0%
Retained Earnings
6,3B
Profitability
Gross Margin
25,1%
EBITDA Margin
21%
EBIT Margin
21%
Net Margin
19,3%
D&A/EBITDA
0%
R&D/Revenue
0%
Capex/Revenue
0%
Capex/D&A
0%
Capex/OCF
0%
SBC/OCF
—
% PPE
36,6%
% Goodwill
4,2%
ROE
16,4%
ROIC
13,3%
Growth
CAGR Revenue 5Y
12,3%
CAGR Op. Income 5Y
17,4%
CAGR Net Income 5Y
18,2%
CAGR EPS 5Y
18,1%
CAGR OCF 5Y
18,8%
Leverage
N.D./EBITDA
—
Debt/Equity
0%
Current Ratio
1,7
Quick Ratio
1,4
Interest Coverage
5605,8%
Premium
- Unrestricted access
- Unlimited data history
- Analysis videos
- Quarterly highlights
- Customizable financials table
- Ranking
- Discussions
...and much more!