ZTO Express (Cayman) Inc. (ZTO) Return on equity 2016–2025
ZTO Express (Cayman) Inc. (ZTO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.7%FY2025 · since FY2016: 10.4% → 13.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.7% | -0.5 pp |
| FY2024 | 14.2% | -0.4 pp |
| FY2023 | 14.6% | +2.0 pp |
| FY2022 | 12.6% | +2.8 pp |
| FY2021 | 9.8% | +1.0 pp |
| FY2020 | 8.8% | -6.0 pp |
| FY2019 | 14.8% | +2.0 pp |
| FY2018 | 12.8% | -1.9 pp |
| FY2017 | 14.7% | +4.3 pp |
| FY2016 | 10.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice