ZTO Express (Cayman) Inc (ZTOA) — Capital Reinvestment Ratio
ZTO Express (Cayman) Inc (ZTOA) has a Capital Reinvestment Ratio of 1.18x as of June 2023, meaning it reinvests 1% of its operating cash flow (€3.76 Billion) in capital expenditures (€4.45 Billion). Check ZTO Express (Cayman) Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ZTO Express (Cayman) Inc Capital Reinvestment Ratio (2016–2024)
This chart tracks ZTO Express (Cayman) Inc's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see ZTO Express (Cayman) Inc cash flow conversion.
Annual Capital Reinvestment Ratio for ZTO Express (Cayman) Inc (2016–2024)
Year-by-year Capital Reinvestment Ratio for ZTO Express (Cayman) Inc from 2016 to 2024. See ZTOA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.52x | €11.43 Billion | €5.90 Billion | ▲ +3.4% |
| 2023 | 0.50x | €13.36 Billion | €6.67 Billion | ▼ -18.9% |
| 2022 | 0.62x | €11.48 Billion | €7.07 Billion | ▼ -46.8% |
| 2021 | 1.16x | €7.22 Billion | €8.36 Billion | ▼ -20.8% |
| 2020 | 1.46x | €4.95 Billion | €7.24 Billion | ▲ +98.8% |
| 2019 | 0.74x | €6.30 Billion | €4.64 Billion | ▼ -2.6% |
| 2018 | 0.75x | €4.40 Billion | €3.32 Billion | ▲ +6.5% |
| 2017 | 0.71x | €3.63 Billion | €2.57 Billion | ▼ -32.2% |
| 2016 | 1.05x | €2.57 Billion | €2.69 Billion | — |