ZTO Express (Cayman) (ZTO) Equity Ratio (2015 - 2025)

ZTO Express (Cayman) has disclosed Equity Ratio across 11 years of filings, most recently posting 0.74 for Q4 2025.

• Equity Ratio for Q4 2025 came in at 0.74, up 8.67% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.74 (up 8.67% YoY), and the FY2025 annual result was 0.74, up 9.74% from the prior year.
• Equity Ratio came in at 0.74 for Q4 2025 at ZTO Express (Cayman), up from 0.68 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.78 in Q4 2021 to a low of 0.68 in Q4 2024.
• The 5-year median for Equity Ratio is 0.69 (2022), against an average of 0.71.
• Across the five-year window, Equity Ratio declined 11.0% in 2022 and gained 8.67% in 2025, its largest moves.
• ZTO Express (Cayman)'s Equity Ratio stood at 0.78 in 2021, then slipped by 11.0% to 0.69 in 2022, then dropped by 1.77% to 0.68 in 2023, then dropped by 0.39% to 0.68 in 2024, then increased by 8.67% to 0.74 in 2025.
• The last three Equity Ratio figures came in at 0.74 (Q4 2025), 0.68 (Q4 2024), and 0.68 (Q4 2023), per Business Quant data.