ZTO Express (Cayman) Inc Working Capital to Net Assets Ratio
ZTO Express (Cayman) Inc working capital to net assets ratio. ZTO Express (Cayman) Inc (ZTOA) has a Working Capital to Net Assets ratio of 13.9% as of September 2025. Working capital of €9.09 Billion (current assets of €33.17 Billion minus current liabilities of €24.07 Billion) is measured against net assets of €65.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ZTO Express (Cayman) Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of ZTO Express (Cayman) Inc (2016–2024)
Working capital to net assets ratio of ZTO Express (Cayman) Inc from 2016 to 2024. This chart shows how ZTO Express (Cayman) Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 13.9%, reflecting working capital of €9.09 Billion against net assets of €65.37 Billion EUR. See ZTOA days of operational coverage to measure how many days the company can operate on defensive assets alone.
ZTO Express (Cayman) Inc Working Capital to Net Assets Ratio by Year (2016–2024)
ZTO Express (Cayman) Inc working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for ZTO Express (Cayman) Inc from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of ZTO Express (Cayman) Inc.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.3% | €2.08 Billion | €62.67 Billion | €30.35 Billion | €28.27 Billion | ▼ -8.1 pp |
| 2023 | 11.4% | €6.89 Billion | €60.28 Billion | €26.95 Billion | €20.06 Billion | ▼ -3.4 pp |
| 2022 | 14.8% | €8.07 Billion | €54.47 Billion | €24.48 Billion | €16.41 Billion | ▲ +3.2 pp |
| 2021 | 11.6% | €5.67 Billion | €48.93 Billion | €18.67 Billion | €13.00 Billion | ▼ -14.8 pp |
| 2020 | 26.4% | €12.98 Billion | €49.10 Billion | €22.32 Billion | €9.35 Billion | ▼ -8.5 pp |
| 2019 | 34.9% | €13.42 Billion | €38.40 Billion | €20.10 Billion | €6.68 Billion | ▼ -12.0 pp |
| 2018 | 47.0% | €16.09 Billion | €34.27 Billion | €21.23 Billion | €5.14 Billion | ▲ +8.6 pp |
| 2017 | 38.4% | €8.23 Billion | €21.44 Billion | €12.38 Billion | €4.15 Billion | ▼ -10.5 pp |
| 2016 | 48.9% | €9.66 Billion | €19.75 Billion | €13.19 Billion | €3.52 Billion | — |