ZTO Express (Cayman)'s Total Assets for the quarter that ended in Dec. 2023 was $12,390 Mil.
Warning Sign:
If a company builds assets at 25.9% a year, faster than its revenue growth rate of 14.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, ZTO Express (Cayman)'s average Total Assets Growth Rate was 9.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 15.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 25.90% per year.
During the past 10 years, ZTO Express (Cayman)'s highest 3-Year average Total Assets Growth Rate was 43.60%. The lowest was 15.10%. And the median was 35.20%.
The historical data trend for ZTO Express (Cayman)'s Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
ZTO Express (Cayman)'s Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ZTO Express (Cayman) (NYSE:ZTO) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
ZTO Express (Cayman)'s Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
ZTO Express (Cayman) Total Assets Related Terms
Thank you for viewing the detailed overview of ZTO Express (Cayman)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
ZTO Express (Cayman) (ZTO Express (Cayman)) Business Description
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. 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 the Chairman, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company, Alibaba Group, with around an 11.7% interest.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ZTO has been successfully added to your 