NYSE$ZTO

ZTO Express Cayman Inc-ADR · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

ZTO Q4 2023 — $1.53B revenue

Shanghai Zhongtongji Network, one of our PRC subsidiaries, ZTO Express and the shareholders of ZTO Express to consolidate the financial results of ZTO Express with ours under U. ZTO Express Cayman Inc-ADR reported Q4 2023 results. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.53B.
  • Filed on Form 20-F (accession 0001104659-24-049017).

Headline financials

Total Revenue

$1.47B

Previous: $1.43B+2.7%
EPS (adj)

$0.38

Previous: $0.39-2.6%
Capital Expenditures

$6.53B

Previous: $7.07B-7.6%
Net Income

$303M

Previous: $2.16B-86.0%
Operating Income

$336M

Previous: $2.46B-86.3%
Gross Profit

$433M

Previous: $2.77B-84.4%
Stock-Based Comp

$255M

Previous: $179M+42.5%

Revenue & EPS history

ZTO Express · Revenue · Quarterly

$1.47B

Q4 2023+2.7%vs Q4 2022
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

ZTO Express · $10B total across 1 segment · Q1 2026

  • Core express delivery
    $10B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+0.4%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+1.4%

Avg return

30 days after

55%

18 / 33 earnings

Positive

+14.0%

Q4 2021

Best reaction

-10.2%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-2.5%-5.3%
Q1 2024+9.3%+13.8%+4.1%
Q4 2023+4.3%-3.0%-7.7%
Q3 2023-7.2%-9.2%-18.4%
Q2 2023+0.4%+3.5%-1.6%
Q1 2023+1.9%+1.9%-3.6%
Q4 2022+6.6%+6.7%+8.1%
Q3 2022+1.8%+5.0%+23.3%
Q2 2022-0.8%+1.3%-0.2%
Q1 2022-0.1%-0.0%+7.9%
Q4 2021+14.0%+14.0%+20.3%
Q3 2021+8.9%+12.1%-4.0%
Q2 2021-2.5%-0.7%+17.5%
Q1 2021+4.4%+0.1%-7.9%
Q4 2020-10.2%-16.4%-9.9%
Q3 2020-9.3%-11.6%-15.5%
Q2 2020-3.9%-6.9%-12.6%
Q1 2020-6.3%-11.4%+11.5%
Q4 2019+1.6%-3.6%+3.7%
Q3 2019-6.0%-7.3%+1.4%
Q2 2019+1.9%+4.0%+11.7%
Q1 2019+5.7%-2.5%+0.6%
Q4 2018-4.2%-5.3%-4.5%
Q3 2018+6.7%+2.0%+3.9%
Q2 2018+7.5%+8.3%-9.1%
Q1 2018-0.9%+0.8%+23.3%
Q4 2017-7.5%-10.1%-12.3%
Q3 2017+1.2%-2.1%-7.0%
Q2 2017-5.5%-2.9%+7.6%
Q1 2017-6.8%+1.5%+0.4%
Q4 2015+3.9%+4.5%+6.9%
Q4 2016+3.9%+4.5%+6.9%
Q4 2014+3.9%+4.5%+6.9%
Q3 2016
Q2 2016
Q1 2016
Q3 2015
Q2 2015
Q1 2015

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