ZTO Express (Cayman) (ZTO) Notes Payables (2015 - 2025)

ZTO Express (Cayman) has disclosed Notes Payables across 9 years of filings, most recently posting $1.5 billion for Q4 2025.

• Notes Payables for Q4 2025 came in at $1.5 billion, up 16.4% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 16.4% YoY), and the FY2025 annual result was $1.6 billion, up 56.99% from the prior year.
• Notes Payables came in at $1.5 billion for Q4 2025 at ZTO Express (Cayman), up from $1.5 billion in the prior quarter.
• In the past five years, Notes Payables ranged from a high of $1.5 billion in Q4 2025 to a low of $15413.0 in Q1 2021.
• The 5-year median for Notes Payables is $53.3 million (2021), against an average of $504.1 million.
• Across the five-year window, Notes Payables tumbled 87.35% in 2021 and jumped 45958.52% in 2022, its largest moves.
• ZTO Express (Cayman)'s Notes Payables stood at $27.4 million in 2021, then advanced by 2.78% to $28.1 million in 2022, then jumped by 3735.59% to $1.1 billion in 2023, then climbed by 22.8% to $1.3 billion in 2024, then grew by 16.4% to $1.5 billion in 2025.
• The last three Notes Payables figures came in at $1.5 billion (Q4 2025), $1.5 billion (Q2 2025), and $1.3 billion (Q4 2024), per Business Quant data.