Financial Statements

ZTO Express (Cayman) Inc. (ZTO)


-0.43 (-1.51%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 21,03916,72711,0526,669-
Net Income 4,7554,3125,6744,3833,160
Stock Dividends -3,0771,6491,2718953,510
Dividend Paid --1,649-1,271-895-
Retained Earnings 22,71721,03916,72711,0526,669

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 19,44113,3739,0366,473-
Annual Depreciation 6,38615,2779,5636,5449,300
Capital Expenditure --9,208-5,226-3,981-2,827
Net PPE 25,82719,44113,3739,0366,473

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -4,2424,2424,2424,242
New Purchases -10,127-13,634-15,019-10,626-
Intangible and Goodwill 4,2424,2424,2424,2424,242

ZTO Express (Cayman) Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes ZTO Express (Cayman) Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.