ZTO Express (Cayman) Inc (ZTOA) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.049x

Based on the latest financial reports, ZTO Express (Cayman) Inc (ZTOA) has a cash flow conversion efficiency ratio of 0.049x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€3.21 Billion ≈ $3.75 Billion USD) by net assets (€65.37 Billion ≈ $76.42 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

ZTO Express (Cayman) Inc - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how ZTO Express (Cayman) Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of ZTO Express (Cayman) Inc for a breakdown of total debt and financial obligations.

ZTO Express (Cayman) Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of ZTO Express (Cayman) Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hua Nan Financial Holdings Co Ltd TW:2880	0.125x
Metro Inc. TO:MRU	0.010x
Henan Shuanghui Investment & Development Co Ltd SHE:000895	0.153x
Guangdong Dtech Technology Co. Ltd. A SHE:301377	N/A
ING Bank Śląski SA WAR:ING	-0.071x
QXO, Inc. NYSE:QXO	0.022x
Woori Financial Group Inc NYSE:WF	0.235x
GREAT WALL MOTOR H ADR/10 F:GRVB	N/A

Annual Cash Flow Conversion Efficiency for ZTO Express (Cayman) Inc (2016–2024)

The table below shows the annual cash flow conversion efficiency of ZTO Express (Cayman) Inc from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see ZTOA market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€62.67 Billion ≈ $73.27 Billion	€11.43 Billion ≈ $13.36 Billion	0.182x	-17.72%
2023-12-31	€60.28 Billion ≈ $70.47 Billion	€13.36 Billion ≈ $15.62 Billion	0.222x	+5.18%
2022-12-31	€54.47 Billion ≈ $63.68 Billion	€11.48 Billion ≈ $13.42 Billion	0.211x	+42.80%
2021-12-31	€48.93 Billion ≈ $57.20 Billion	€7.22 Billion ≈ $8.44 Billion	0.148x	+46.35%
2020-12-31	€49.10 Billion ≈ $57.40 Billion	€4.95 Billion ≈ $5.79 Billion	0.101x	-38.58%
2019-12-31	€38.40 Billion ≈ $44.90 Billion	€6.30 Billion ≈ $7.37 Billion	0.164x	+27.74%
2018-12-31	€34.27 Billion ≈ $40.06 Billion	€4.40 Billion ≈ $5.15 Billion	0.129x	-24.11%
2017-12-31	€21.44 Billion ≈ $25.07 Billion	€3.63 Billion ≈ $4.24 Billion	0.169x	+30.02%
2016-12-31	€19.75 Billion ≈ $23.09 Billion	€2.57 Billion ≈ $3.01 Billion	0.130x	--

About ZTO Express (Cayman) Inc

F:ZTOA Germany Integrated Freight & Logistics

Market Cap

$14.67 Billion

€12.54 Billion EUR

Market Cap Rank

#1698 Global

#369 in Germany

Share Price

€21.60

Change (1 day)

+0.93%

52-Week Range

€14.50 - €21.60

All Time High

€30.63