| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
833 | 1,625 | |||||
Restricted cash | ||||||
53 | 91 | |||||
Accounts receivable, net of allowance for doubtful accounts of RMB5,124 and RMB13,798 at December 31, 2016 and 2017, respectively | ||||||
44 | 28 | |||||
Financing receivables | ||||||
9 | - | |||||
Short-term investment | ||||||
803 | - | |||||
Inventories | ||||||
5 | 4 | |||||
Advances to suppliers | ||||||
40 | 93 | |||||
Prepayments and other current assets | ||||||
110 | 54 | |||||
Amounts due from related parties | ||||||
1 | 0 | |||||
Total current assets | ||||||
1,902 | 1,899 | |||||
Investments in equity investees | ||||||
93 | 77 | |||||
Property and equipment, net | ||||||
994 | 585 | |||||
Land use rights, net | ||||||
246 | 187 | |||||
Intangible assets, net | ||||||
9 | - | |||||
Goodwill | ||||||
651 | 598 | |||||
Deferred tax assets | ||||||
23 | 15 | |||||
Other non-current assets | ||||||
47 | 6 | |||||
TOTAL ASSETS | ||||||
3,969 | 3,370 | |||||
LIABILITIES, AND EQUITY | ||||||
Current liabilities (including amounts of the consolidated VIE without recourse to ZTO Express (Cayman) Inc. See Note 2(b)) | ||||||
Short-term bank borrowing | ||||||
38 | 64 | |||||
Accounts payable | ||||||
136 | 91 | |||||
Advances from customers | ||||||
39 | 33 | |||||
Income tax payable | ||||||
34 | 60 | |||||
Amounts due to related parties | ||||||
17 | 18 | |||||
Acquisition consideration payable, current | ||||||
19 | - | |||||
Other current liabilities | ||||||
350 | 238 | |||||
Total current liabilities | ||||||
637 | 507 | |||||
Deferred tax liabilities | ||||||
24 | 18 | |||||
Acquisition consideration payable, non-current | ||||||
3 | - | |||||
Other non-current liabilities | ||||||
9 | - | |||||
TOTAL LIABILITIES | ||||||
674 | 526 | |||||
Commitments and contingencies (Note 15) | ||||||
0 | 0 | |||||
Shareholders' equity | ||||||
Ordinary shares (US$0.0001 par value; 10,000,000,000 ordinary shares authorized as of December 31, 2016 and 2017; 525,306,440 Class A ordinary shares issued and 514,464,604 Class A ordinary shares outstanding as of December 31, 2016; 525,306,440 Class A ordinary shares issued and 504,704,716 Class A ordinary shares outstanding as of December 31, 2017; 206,100,000 Class B ordinary shares issued and outstanding as of December 31, 2016 and 2017) | ||||||
0 | 0 | |||||
Additional paid-in capital | ||||||
2,455 | 2,295 | |||||
Treasury shares, at cost | ||||||
140 | - | |||||
Retained earnings | ||||||
1,025 | 505 | |||||
Accumulated other comprehensive income/(loss) | ||||||
-45 | 42 | |||||
ZTO Express (Cayman) Inc. shareholders' equity | ||||||
3,294 | 2,843 | |||||
Noncontrolling interests | ||||||
0 | 0 | |||||
Total Equity | ||||||
3,295 | 2,844 | |||||
TOTAL LIABILITIES, AND EQUITY | ||||||
3,969 | 3,370 | |||||