ZTO Express (Cayman) Inc Tangible Net Worth Ratio
ZTO Express (Cayman) Inc tangible net worth ratio. ZTO Express (Cayman) Inc (ZTOA) has a Tangible Net Worth Ratio of 90.4% as of September 2025. This metric is calculated by deducting intangible assets (€6.29 Billion) from net assets (€65.37 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check ZTOA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of ZTO Express (Cayman) Inc (2016–2024)
Tangible net worth ratio of ZTO Express (Cayman) Inc from 2016 to 2024. This chart shows how ZTO Express (Cayman) Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 90.4%, reflecting net assets of €65.37 Billion with intangible assets of €6.29 Billion EUR. See working capital position of ZTO Express (Cayman) Inc to evaluate short-term liquidity relative to the company's equity base.
ZTO Express (Cayman) Inc Tangible Net Worth Ratio by Year (2016–2024)
ZTO Express (Cayman) Inc tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for ZTO Express (Cayman) Inc from 2016 to 2024, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see ZTO Express (Cayman) Inc (ZTOA) total market value.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.1% | €62.67 Billion | €6.19 Billion | €92.34 Billion | ▼ -0.5 pp |
| 2023 | 90.6% | €60.28 Billion | €5.66 Billion | €88.47 Billion | ▲ +0.7 pp |
| 2022 | 90.0% | €54.47 Billion | €5.47 Billion | €78.52 Billion | ▲ +0.9 pp |
| 2021 | 89.0% | €48.93 Billion | €5.37 Billion | €62.77 Billion | ▼ -2.0 pp |
| 2020 | 91.0% | €49.10 Billion | €4.40 Billion | €59.20 Billion | ▼ -2.3 pp |
| 2019 | 93.3% | €38.40 Billion | €2.56 Billion | €45.89 Billion | ▼ -0.8 pp |
| 2018 | 94.1% | €34.27 Billion | €2.02 Billion | €39.68 Billion | ▲ +1.9 pp |
| 2017 | 92.2% | €21.44 Billion | €1.66 Billion | €25.83 Billion | ▼ -1.2 pp |
| 2016 | 93.4% | €19.75 Billion | €1.30 Billion | €23.40 Billion | — |