ZTO Express (Cayman) Inc Capital Reinvestment Ratio
ZTO Express (Cayman) Inc capital reinvestment ratio. ZTO Express (Cayman) Inc (ZTO) has a Capital Reinvestment Ratio of 1.23x as of December 2025, meaning it reinvests 1% of its operating cash flow ($4.23 Billion) in capital expenditures ($5.21 Billion). Check ZTO Express (Cayman) Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of ZTO Express (Cayman) Inc (2014–2025)
Capital reinvestment ratio of ZTO Express (Cayman) Inc from 2014 to 2025. This chart tracks ZTO Express (Cayman) Inc's Capital Reinvestment Ratio across 12 annual periods. Also explore how fast is ZTO Express (Cayman) Inc growing its equity to track the company's year-over-year net asset growth rate.
ZTO Express (Cayman) Inc Capital Reinvestment Ratio by Year (2014–2025)
ZTO Express (Cayman) Inc capital reinvestment ratio by year from 2014 to 2025. For the full cash flow conversion analysis, see ZTO cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.51x | $11.97 Billion | $6.07 Billion | ▼ -1.7% |
| 2024 | 0.52x | $11.43 Billion | $5.90 Billion | ▲ +3.4% |
| 2023 | 0.50x | $13.36 Billion | $6.67 Billion | ▼ -31.5% |
| 2022 | 0.73x | $11.48 Billion | $8.36 Billion | ▼ -43.6% |
| 2021 | 1.29x | $7.22 Billion | $9.33 Billion | ▼ -30.5% |
| 2020 | 1.86x | $4.95 Billion | $9.21 Billion | ▲ +124.3% |
| 2019 | 0.83x | $6.30 Billion | $5.23 Billion | ▼ -8.3% |
| 2018 | 0.90x | $4.40 Billion | $3.98 Billion | ▲ +16.1% |
| 2017 | 0.78x | $3.63 Billion | $2.83 Billion | ▼ -26.6% |
| 2016 | 1.06x | $2.54 Billion | $2.69 Billion | ▲ +34.2% |
| 2015 | 0.79x | $1.87 Billion | $1.48 Billion | ▲ +7.2% |
| 2014 | 0.74x | $1.07 Billion | $790.08 Million | — |