ZTO Express (Cayman) Inc (ZTO) — Cash Flow Quality Index
ZTO Express (Cayman) Inc (ZTO) has a Cash Flow Quality Index of 1.32x as of March 2026. Operating cash flow of $2.79 Billion exceeds net income of $2.12 Billion, indicating high earnings quality where cash backs reported profits. Explore ZTO Express (Cayman) Inc (ZTO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see ZTO Express (Cayman) Inc (ZTO) cash flow conversion.
Annual Cash Flow Quality Index for ZTO Express (Cayman) Inc (2014–2025)
Year-by-year earnings quality comparison for ZTO Express (Cayman) Inc.
| 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 | — |