ZTO Express (Cayman) Inc.

HKSE 2057.HK

ZTO Express (Cayman) Inc. Debt to Equity Ratio for the year ending December 31, 2023: 0.26

ZTO Express (Cayman) Inc. Debt to Equity Ratio is 0.26 for the year ending December 31, 2023, a 6.28% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

ZTO Express (Cayman) Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 0.24, a 166.04% change year over year.
ZTO Express (Cayman) Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 0.09, a 78.31% change year over year.
ZTO Express (Cayman) Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 0.05, a 144.20% change year over year.
ZTO Express (Cayman) Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 0.02, a 0.00% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

HKSE: 2057.HK

ZTO Express (Cayman) Inc.

CEO	Mr. Meisong Lai
IPO Date	Sept. 29, 2020
Location	China
Headquarters	Building One
Employees	23,906
Sector	Industrials
Industries Logistics & Freight Trucking & Road Freight

Description

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2021, it operated a fleet of approximately 10,900 trucks. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

Key trends

Past 5 years