ZTO Express Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 11, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	14,055	12,471	13,444	18,058	16,849	17,848
Market Cap Growth	15.18%	-7.24%	-25.55%	7.17%	-5.60%	29.46%
Enterprise Value	12,792	12,005	13,550	17,309	16,013	15,875
Last Close Price	18.26	15.10	15.35	20.17	18.44	18.29
PE Ratio	15.22	12.93	13.88	22.04	30.48	36.89
PS Ratio	2.83	2.57	3.16	4.24	4.77	6.31
PB Ratio	2.06	1.82	2.01	2.76	2.96	3.24
P/TBV Ratio	2.48	2.21	2.43	3.39	3.71	3.94
P/FCF Ratio	25.19	18.32	17.77	34.02	-	-
P/OCF Ratio	12.75	9.97	9.09	13.07	20.07	32.13
EV/Sales Ratio	2.62	2.48	3.19	4.07	4.53	5.61
EV/EBITDA Ratio	8.60	7.40	9.44	13.82	17.83	21.46
EV/EBIT Ratio	11.48	9.30	12.14	18.59	25.03	29.76
EV/FCF Ratio	22.92	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 Invested Capital (ROIC)	15.59%	15.77%	15.63%	13.76%	12.29%	14.63%
Return on Capital Employed (ROCE)	16.20%	18.40%	14.70%	12.50%	11.10%	9.50%
Earnings Yield	6.57%	7.74%	7.21%	4.54%	3.28%	2.71%
FCF Yield	3.97%	5.46%	5.63%	2.94%	-0.79%	-1.44%
Dividend Yield	1.98%	3.70%	3.17%	-	-	-
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	2.77%	3.76%	0.89%	-0.04%	-2.99%	-1.51%

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