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ZTO Express (ZTO)
NYSE:ZTO
US Market

ZTO Express (ZTO) Ratios

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ZTO Express Ratios

ZTO's free cash flow for Q4 2024 was ¥0.29. For the 2024 fiscal year, ZTO's free cash flow was decreased by ¥ and operating cash flow was ¥0.27. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.49 1.34 1.49 1.44 2.39
Quick Ratio
1.49 1.34 1.49 1.43 2.38
Cash Ratio
0.71 0.61 0.71 0.75 1.52
Solvency Ratio
0.39 0.41 0.39 0.50 0.61
Operating Cash Flow Ratio
0.70 0.67 0.70 0.56 0.53
Short-Term Operating Cash Flow Coverage
2.13 1.72 2.13 1.99 2.81
Net Current Asset Value
¥ 4.82B¥ -1.23B¥ 423.91M¥ 4.82B¥ 12.22B
Leverage Ratios
Debt-to-Assets Ratio
0.17 0.17 0.17 0.07 0.04
Debt-to-Equity Ratio
0.24 0.26 0.24 0.09 0.05
Debt-to-Capital Ratio
0.20 0.21 0.20 0.08 0.05
Long-Term Debt-to-Capital Ratio
0.11 0.11 0.11 0.00 0.00
Financial Leverage Ratio
1.45 1.48 1.45 1.29 1.21
Debt Service Coverage Ratio
1.70 1.48 1.70 1.29 2.51
Interest Coverage Ratio
40.61 34.57 40.61 28.81 95.07
Debt to Market Cap
0.08 0.12 0.08 0.02 0.01
Interest Debt Per Share
16.45 19.06 16.45 5.57 3.19
Net Debt to EBITDA
-0.90 0.22 0.13 -0.90 -2.25
Profitability Margins
Gross Profit Margin
25.55%30.36%25.55%21.67%23.15%
EBIT Margin
21.87%28.58%21.87%19.29%20.11%
EBITDA Margin
31.51%36.06%31.51%19.30%20.61%
Operating Profit Margin
21.87%26.05%21.87%11.99%13.31%
Pretax Profit Margin
23.42%27.83%23.42%18.88%19.97%
Net Profit Margin
19.25%22.77%19.25%15.64%17.10%
Continuous Operations Profit Margin
18.82%22.79%18.82%15.46%17.16%
Net Income Per EBT
82.17%81.82%82.17%82.85%85.65%
EBT Per EBIT
107.11%106.85%107.11%157.45%150.00%
Return on Assets (ROA)
7.57%9.89%8.67%7.57%7.28%
Return on Equity (ROE)
9.78%14.63%12.60%9.78%8.80%
Return on Capital Employed (ROCE)
7.32%14.63%12.45%7.32%6.73%
Return on Invested Capital (ROIC)
5.60%10.73%9.17%5.60%5.59%
Return on Tangible Assets
8.94%11.14%9.90%8.94%8.53%
Earnings Yield
3.23%7.02%4.54%3.23%2.85%
Efficiency Ratios
Receivables Turnover
41.70 66.56 41.70 31.13 33.13
Payables Turnover
11.96 10.46 11.96 12.17 11.85
Inventory Turnover
649.72 953.07 649.72 287.08 365.13
Fixed Asset Turnover
1.19 1.17 1.19 1.18 1.30
Asset Turnover
0.45 0.43 0.45 0.48 0.43
Working Capital Turnover Ratio
5.15 5.14 5.15 3.26 1.91
Cash Conversion Cycle
-17.00 -29.02 -21.21 -17.00 -18.80
Days of Sales Outstanding
11.73 5.48 8.75 11.73 11.02
Days of Inventory Outstanding
1.27 0.38 0.56 1.27 1.00
Days of Payables Outstanding
30.00 34.88 30.53 30.00 30.81
Operating Cycle
13.00 5.87 9.32 13.00 12.02
Cash Flow Ratios
Operating Cash Flow Per Share
14.18 16.19 14.18 8.81 6.22
Free Cash Flow Per Share
5.02 8.11 5.02 -2.57 -5.35
CapEx Per Share
9.16 8.08 9.16 11.38 11.57
Free Cash Flow to Operating Cash Flow
0.35 0.50 0.35 -0.29 -0.86
Dividend Paid and CapEx Coverage Ratio
1.31 1.53 1.31 0.68 0.46
Capital Expenditure Coverage Ratio
1.55 2.00 1.55 0.77 0.54
Operating Cash Flow Coverage Ratio
0.87 0.87 0.87 1.63 1.97
Operating Cash Flow to Sales Ratio
0.32 0.35 0.32 0.24 0.20
Free Cash Flow Yield
-1.43%5.37%2.71%-1.43%-2.81%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
22.03 14.25 22.03 30.91 35.13
Price-to-Sales (P/S) Ratio
4.24 3.24 4.24 4.83 6.01
Price-to-Book (P/B) Ratio
2.78 2.08 2.78 3.02 3.09
Price-to-Free Cash Flow (P/FCF) Ratio
36.89 18.63 36.89 -69.74 -35.58
Price-to-Operating Cash Flow Ratio
13.07 9.33 13.07 20.36 30.60
Price-to-Earnings Growth (PEG) Ratio
0.51 0.51 0.51 4.41 -1.40
Price-to-Fair Value
2.78 2.08 2.78 3.02 3.09
Enterprise Value Multiple
13.59 9.22 13.59 24.15 26.89
Enterprise Value
141.70B 127.74B 151.44B 141.70B 139.77B
EV to EBITDA
24.15 9.22 13.59 24.15 26.89
EV to Sales
4.66 3.32 4.28 4.66 5.54
EV to Free Cash Flow
-67.24 19.09 37.24 -67.24 -32.83
EV to Operating Cash Flow
19.63 9.56 13.19 19.63 28.23
Tangible Book Value Per Share
55.30 61.05 55.30 47.95 50.82
Shareholders’ Equity Per Share
66.75 72.47 66.75 59.32 61.52
Tax and Other Ratios
Effective Tax Rate
0.20 0.18 0.20 0.18 0.14
Revenue Per Share
43.71 46.56 43.71 37.08 31.67
Net Income Per Share
8.41 10.60 8.41 5.80 5.42
Tax Burden
0.83 0.82 0.82 0.83 0.86
Interest Burden
0.98 0.97 1.07 0.98 0.99
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 0.01
Income Quality
1.54 1.53 1.72 1.54 1.14
Currency in CNY
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