ZTO Express (Cayman) Inc (ZTO) — Cash Flow Quality Index

Latest as of December 2025: 4.56x

ZTO Express (Cayman) Inc (ZTO) has a Cash Flow Quality Index of 4.56x as of December 2025. Operating cash flow of $11.97 Billion exceeds net income of $2.63 Billion, indicating high earnings quality where cash backs reported profits. Explore ZTO Express (Cayman) Inc (ZTO) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.56x
Operating CF / Net Income

Operating Cash Flow

$11.97 Billion
USD

Net Income

$2.63 Billion
USD

Data as of

Dec 2025
Most recent filing

ZTO Express (Cayman) Inc Cash Flow Quality Index (2014–2025)

Historical Cash Flow Quality Index for ZTO Express (Cayman) Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ZTO Express (Cayman) Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for ZTO Express (Cayman) Inc (2014–2025)

Year-by-year earnings quality comparison for ZTO Express (Cayman) Inc. For live market cap and the full company financial profile, see ZTO company net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.30x $11.97 Billion $9.24 Billion ▲ +0.8%
2024 1.29x $11.43 Billion $8.89 Billion ▼ -15.8%
2023 1.53x $13.36 Billion $8.75 Billion ▼ -37.5%
2022 2.44x $11.48 Billion $4.70 Billion ▲ +59.0%
2021 1.54x $7.22 Billion $4.70 Billion ▲ +34.2%
2020 1.14x $4.95 Billion $4.33 Billion ▲ +2.9%
2019 1.11x $6.30 Billion $5.67 Billion ▲ +10.8%
2018 1.00x $4.40 Billion $4.39 Billion ▼ -12.7%
2017 1.15x $3.63 Billion $3.16 Billion ▼ -7.0%
2016 1.24x $2.54 Billion $2.05 Billion ▼ -11.8%
2015 1.40x $1.87 Billion $1.33 Billion ▼ -46.9%
2014 2.64x $1.07 Billion $406.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.