ZTO Express Financial Overview
Strong Operating Cash Flow Supports Continued Investment in Growth
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ZTO EXPRESS
Operating Cash Flow
Capital Expenditure
(RMB million)
(RMB million)
(RMB million)
Notes:
7,220
59%
Growth
11,479
22%
Decline
9,328
22%
Decline
Cash and Cash Equivalent¹
16%
Growth
86%
Growth
31,970
27,452
25,6642
967
7,234
21,892
422
13,076
42%
18,819
Decline
13,809
4,060
895
28
3,762
8,361
793
6,812
2,938
2,201
852
39
1,272
11,693
9,721
9,285
2,161
31
7,781
1,241
2021
2022
Q2 2023
Q3 2023
2021
2022
Q2 2023
Q3 2023
2021
2022
Q2 2023
Q3 2023
Purchases of Land Use Rights
■Purchases of Property, Equipment and Vehicles
Short-term & long-term investments
■Restricted cash
■Cash and cash equivalents
1. Including cash and cash equivalents, restricted cash and short-term & long-term investments
2. On August 24,2022. ZTO completed US $1 billion convertible senior notes offering (net proceeds equivalent to RMB 6.6 billion, including over allotment, excluding underwriting fees and other listing expenses)
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