Growth Metrics

ZTO Express (Cayman) (ZTO) Notes Payables (2016 - 2025)

ZTO Express (Cayman)'s Notes Payables history spans 9 years, with the latest figure at $1.5 billion for Q4 2025.

  • On a quarterly basis, Notes Payables rose 16.4% to $1.5 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $1.5 billion, a 16.4% increase, with the full-year FY2025 number at $1.6 billion, up 56.99% from a year prior.
  • Notes Payables hit $1.5 billion in Q4 2025 for ZTO Express (Cayman), up from $1.5 billion in the prior quarter.
  • Over the last five years, Notes Payables for ZTO hit a ceiling of $1.5 billion in Q4 2025 and a floor of $15413.0 in Q1 2021.
  • Historically, Notes Payables has averaged $504.1 million across 5 years, with a median of $53.3 million in 2021.
  • Biggest five-year swings in Notes Payables: plummeted 87.35% in 2021 and later soared 45958.52% in 2022.
  • Tracing ZTO's Notes Payables over 5 years: stood at $27.4 million in 2021, then rose by 2.78% to $28.1 million in 2022, then surged by 3735.59% to $1.1 billion in 2023, then grew by 22.8% to $1.3 billion in 2024, then increased by 16.4% to $1.5 billion in 2025.
  • Business Quant data shows Notes Payables for ZTO at $1.5 billion in Q4 2025, $1.5 billion in Q2 2025, and $1.3 billion in Q4 2024.