ZTO Express (Cayman) Long-Term Debt 2011-2026 | ZTO

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:

Term exceeds 12 months
Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
Repaid through regular payments (interest and/or principal) over several years

Why long-term debt is needed:

Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:

Mortgage loans for property purchases
Corporate bonds issued by a company to raise capital
Project financing — long-term loans for building or expanding production facilities
Leasing obligations for equipment or transport

Quarterly Long-Term Debt ZTO Express (Cayman)

2024-Q4	2023-Q4	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	556 M	-	-	-	502 M	-	-	-	504 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in CNY currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
556 M	502 M	521 M

Long-Term Debt of other stocks in the Transport logistics industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Universal Logistics Holdings ULH	683 M	$ 15.9	9.81 %	$ 418 M	USA
НМТП NMTP	363 M	-	-	-	Russia
Транспортная группа FESCO FESH	23.5 B	-	-	-	Russia
Globaltruck GTRK	1.26 B	-	-	-	Russia
НКХП NKHP	1.22 B	-	-	-	Russia
Sino-Global Shipping America, Ltd. SINO	154 K	-	-6.44 %	$ 49.3 M	USA
C.H. Robinson Worldwide CHRW	1.09 B	$ 170.48	0.64 %	$ 20.5 B	USA
DHT Holdings DHT	447 M	$ 17.49	3.8 %	$ 1.71 B	Jersey
Global Ship Lease GSL	693 M	$ 37.82	1.75 %	$ 1.36 B	Britain
BEST BEST	2.34 B	-	-	$ 52.6 M	Cayman-islands
FedEx Corporation FDX	19.9 B	$ 352.35	0.19 %	$ 84.9 B	USA
Echo Global Logistics, Inc. ECHO	134 M	-	-	$ 1.28 B	USA
Golar LNG Partners LP GMLP	417 M	-	0.57 %	$ 246 M	Bermuda
Forward Air Corporation FWRD	1.69 B	$ 16.05	1.58 %	$ 493 M	USA
Golar LNG Limited GLNG	931 M	$ 44.86	4.47 %	$ 4.67 B	Bermuda
Golden Ocean Group Limited GOGL	1.19 B	-	-	$ 1.6 B	Bermuda
Air Transport Services Group ATSG	1.55 B	-	0.04 %	$ 1.46 B	USA
Covenant Logistics Group CVLG	187 M	$ 24.98	1.13 %	$ 657 M	USA
Heartland Express HTLD	192 M	$ 9.53	-	$ 750 M	USA
Hub Group HUBG	164 M	$ 34.15	-0.44 %	$ 2.07 M	USA
Cryoport CYRX	741 K	$ 8.0	2.3 %	$ 401 M	USA
J.B. Hunt Transport Services JBHT	767 M	$ 202.73	1.24 %	$ 19.7 B	USA
ArcBest Corporation ARCB	136 M	$ 84.13	-0.87 %	$ 1.92 B	USA
Knight-Swift Transportation Holdings KNX	1.74 B	$ 53.15	2.35 %	$ 8.62 B	USA
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. PAC	14.2 B	$ 230.9	2.91 %	$ 92.4 T	Mexico
Landstar System LSTR	35.4 M	$ 148.69	0.51 %	$ 5.28 B	USA
Marten Transport, Ltd. MRTN	282 K	$ 11.76	0.09 %	$ 957 M	USA
Daseke DSKE	564 M	-	-0.12 %	$ 380 M	USA
Expeditors International of Washington EXPD	460 M	$ 142.79	0.17 %	$ 19.4 B	USA
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. OMAB	1.5 B	$ 108.75	2.96 %	$ 34.3 B	Mexico
MingZhu Logistics Holdings Limited YGMZ	179 K	-	-	$ 381 K	China
TFI International TFII	830 M	$ 101.71	-0.32 %	$ 12.2 B	Canada
P.A.M. Transportation Services PTSI	204 M	-	1.0 %	$ 425 M	USA
Saia SAIA	163 M	$ 327.71	2.09 %	$ 8.76 B	USA
Old Dominion Freight Line ODFL	20 M	$ 182.44	0.93 %	$ 38.4 B	USA
Radiant Logistics RLGT	969 K	$ 6.96	2.2 %	$ 327 M	USA
Patriot Transportation Holding PATI	1.13 M	-	-	$ 57.2 M	USA
Schneider National SNDR	388 M	$ 23.89	0.76 %	$ 4.19 B	USA
SFL Corporation Ltd. SFL	2.15 B	$ 10.11	2.33 %	$ 1.31 B	Bermuda
United Parcel Service UPS	23.6 B	$ 97.4	0.2 %	$ 82.7 B	USA
Steel Connect STCN	12.9 M	-	-2.33 %	$ 75.7 M	USA
Werner Enterprises WERN	752 M	$ 27.26	-1.3 %	$ 1.65 B	USA
XPO Logistics XPO	3.25 B	$ 185.28	1.96 %	$ 21.9 B	USA
USA Truck USAK	74.4 M	-	0.03 %	$ 286 M	USA
U.S. Xpress Enterprises USX	354 M	-	-	$ 332 M	USA
Yellow Corporation YELL	1.47 B	-	-29.03 %	$ 56.5 M	USA
Air T AIRT	110 M	$ 23.5	6.7 %	$ 64.6 M	USA