ZTO Express (Cayman) Inc. (HKG:2057)

ZTO Express Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 23, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	131,723	121,275	133,773	169,650	177,901	188,928
Market Cap Growth	12.93%	-9.34%	-21.15%	-4.64%	-5.84%	32.84%
Enterprise Value	118,321	116,739	134,827	162,618	169,070	168,045
Last Close Price	165.80	145.99	149.28	192.49	194.92	201.82
PE Ratio	13.64	12.93	13.88	22.04	30.48	36.89
PS Ratio	2.54	2.57	3.16	4.24	4.77	6.31
PB Ratio	1.84	1.82	2.01	2.76	2.96	3.24
P/TBV Ratio	2.22	2.21	2.43	3.39	3.71	3.94
P/FCF Ratio	22.57	18.32	17.77	34.02	-	-
P/OCF Ratio	11.43	9.97	9.09	13.07	20.07	32.13
EV/Sales Ratio	2.28	2.48	3.19	4.07	4.53	5.61
EV/EBITDA Ratio	7.50	7.40	9.44	13.82	17.83	21.46
EV/EBIT Ratio	10.01	9.30	12.14	18.59	25.03	29.76
EV/FCF Ratio	20.27	17.63	17.91	32.61	-	-
Debt / Equity Ratio	0.19	0.28	0.26	0.24	0.09	0.04
Debt / EBITDA Ratio	0.86	1.14	1.15	1.19	0.52	0.31
Debt / FCF Ratio	2.32	2.79	2.26	2.93	-	-
Asset Turnover	0.52	0.49	0.46	0.50	0.50	0.48
Inventory Turnover	926.45	917.23	779.95	426.53	350.16	399.88
Quick Ratio	1.10	0.86	1.03	1.14	1.07	2.01
Current Ratio	1.38	1.07	1.34	1.49	1.44	2.39
Return on Equity (ROE)	14.21%	14.46%	15.26%	12.88%	9.59%	9.89%
Return on Assets (ROA)	7.32%	8.16%	7.55%	6.84%	5.64%	5.66%
Return on Capital (ROIC)	8.56%	9.47%	8.81%	8.02%	6.58%	6.57%
Return on Capital Employed (ROCE)	16.20%	18.40%	14.70%	12.50%	11.10%	9.50%
Earnings Yield	7.33%	7.74%	7.21%	4.54%	3.28%	2.71%
FCF Yield	4.43%	5.46%	5.63%	2.94%	-0.79%	-1.44%
Dividend Yield	3.06%	3.72%	3.25%	-	-	-
Payout Ratio	63.42%	63.58%	23.69%	19.43%	28.48%	38.25%
Buyback Yield / Dilution	0.79%	0.06%	-2.28%	-0.04%	-2.99%	-1.51%
Total Shareholder Return	3.85%	3.78%	0.97%	-0.04%	-2.99%	-1.51%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.