ZTO Express (Cayman) Inc (ZTO) — Capital Reinvestment Ratio
Latest as of June 2025:
1.35x
ZTO Express (Cayman) Inc (ZTO) has a Capital Reinvestment Ratio of 1.35x as of June 2025, meaning it reinvests 1% of its operating cash flow ($2.17 Billion) in capital expenditures ($2.93 Billion). See ZTO Express (Cayman) Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.35x
Capex / Operating Cash Flow
Operating Cash Flow
$2.17 Billion
USD
Capital Expenditures
$2.93 Billion
USD
Data as of
Jun 2025
Most recent filing
ZTO Express (Cayman) Inc Capital Reinvestment Ratio (2014–2025)
This chart tracks ZTO Express (Cayman) Inc's Capital Reinvestment Ratio across 12 annual periods.
Annual Capital Reinvestment Ratio for ZTO Express (Cayman) Inc (2014–2025)
Year-by-year Capital Reinvestment Ratio for ZTO Express (Cayman) Inc from 2014 to 2025. For live market cap and broader valuation context, see how much is ZTO Express (Cayman) Inc worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow