ZTO Express (Cayman) Inc. (BVMF:Z1TO34)

ZTO Express Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 3, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	81,019	96,565	83,093	115,023	127,115	126,545
Market Cap Growth	-27.99%	16.21%	-27.76%	-9.51%	0.45%	72.42%
Enterprise Value	75,850	92,954	83,747	110,256	120,805	112,557
Last Close Price	25.24	28.68	23.52	31.97	-	-
PE Ratio	12.23	12.93	13.88	22.04	30.48	36.89
PS Ratio	2.30	2.57	3.16	4.24	4.77	6.31
PB Ratio	1.64	1.82	2.01	2.76	2.96	3.24
P/TBV Ratio	1.98	2.21	2.43	3.39	3.71	3.94
P/FCF Ratio	21.46	18.32	17.77	34.02	-	-
P/OCF Ratio	10.19	9.97	9.09	13.07	20.07	32.13
EV/Sales Ratio	2.22	2.48	3.19	4.07	4.53	5.61
EV/EBITDA Ratio	6.91	7.40	9.44	13.82	17.83	21.46
EV/EBIT Ratio	9.11	9.30	12.14	18.59	25.03	29.76
EV/FCF Ratio	20.10	17.63	17.91	32.61	-	-
Debt / Equity Ratio	0.29	0.28	0.26	0.24	0.09	0.04
Debt / EBITDA Ratio	1.28	1.14	1.15	1.19	0.52	0.31
Debt / FCF Ratio	3.80	2.79	2.26	2.93	-	-
Asset Turnover	0.50	0.49	0.46	0.50	0.50	0.48
Inventory Turnover	883.98	917.23	779.95	426.53	350.16	399.88
Quick Ratio	0.98	0.86	1.03	1.14	1.07	2.01
Current Ratio	1.21	1.07	1.34	1.49	1.44	2.39
Return on Equity (ROE)	14.03%	14.46%	15.26%	12.88%	9.59%	9.89%
Return on Assets (ROA)	7.54%	8.16%	7.55%	6.84%	5.64%	5.66%
Return on Capital (ROIC)	8.60%	9.47%	8.81%	8.02%	6.58%	6.57%
Return on Capital Employed (ROCE)	16.90%	18.40%	14.70%	12.50%	11.10%	9.50%
Earnings Yield	8.18%	7.74%	7.21%	4.54%	3.28%	2.71%
FCF Yield	4.66%	5.46%	5.63%	2.94%	-0.79%	-1.44%
Dividend Yield	3.33%	15.10%	12.79%	-	-	-
Payout Ratio	46.62%	63.58%	23.69%	19.43%	28.48%	38.25%
Buyback Yield / Dilution	0.31%	0.06%	-2.28%	-0.04%	-2.99%	-1.51%
Total Shareholder Return	3.64%	15.16%	10.52%	-0.04%	-2.99%	-1.51%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.