ZTOZTO Express (Cayman) Inc.

$21.30

Is it safe?

Can ZTO take a bad year?

ZTO Express (Cayman) Inc. holds $14.7B more cash than debt, so a bad year is a question about profits, not about lenders.

$14.7B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
42.1×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
32%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$10.9B
Cash and short-term investments
$25.6B
Net cash
$14.7B
EBITDA, trailing twelve months
$13.9B
Operating profit, trailing twelve months
$10.5B
Debt / equity
0.17×
Total debt / EBITDA
0.79×
Annualised volatilitytwo years of daily moves
32%
Worst drawdown on file
−57%
Below its 52-week high
−18%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.