ZTO Express (Cayman) Inc (ZTOA) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.13x

ZTO Express (Cayman) Inc (ZTOA) has a Cash Flow Reinvestment Rate of 0.13x as of September 2025, reinvesting €426.59 Million (capex €0.00 plus investments €-426.59 Million) from operating cash flow of €3.21 Billion. See ZTOA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.13x
(Capex + Investments) / Operating CF

Total Reinvested

€426.59 Million
Capex + Investments

Operating Cash Flow

€3.21 Billion
EUR

Capital Expenditures

€0.00
EUR

ZTO Express (Cayman) Inc Cash Flow Reinvestment Rate (2016–2024)

Historical reinvestment intensity for ZTO Express (Cayman) Inc across 9 annual periods. For the full cash flow conversion analysis, see ZTO Express (Cayman) Inc operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for ZTO Express (Cayman) Inc (2016–2024)

Year-by-year capital reinvestment analysis for ZTO Express (Cayman) Inc. See ZTO Express (Cayman) Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2024 1.04x €11.88 Billion €11.43 Billion €5.90 Billion ▼ -26.6%
2023 1.42x €18.92 Billion €13.36 Billion €6.67 Billion ▲ +1.5%
2022 1.40x €16.02 Billion €11.48 Billion €7.07 Billion ▲ +8.7%
2021 1.28x €9.27 Billion €7.22 Billion €8.36 Billion ▼ -52.5%
2020 2.70x €13.39 Billion €4.95 Billion €7.24 Billion ▲ +179.5%
2019 0.97x €6.10 Billion €6.30 Billion €4.64 Billion ▼ -65.0%
2018 2.77x €12.19 Billion €4.40 Billion €3.32 Billion ▲ +24.7%
2017 2.22x €8.06 Billion €3.63 Billion €2.57 Billion ▼ -6.5%
2016 2.37x €6.11 Billion €2.57 Billion €2.69 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow