ZKH · XBRL financial data
ZKH Group financial statements, every quarter
The same tables from 3 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (ZKH's year ends in late December)
| In millions of CNY | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue from contracts with customers | year only | year only | year only |
| Cost of goods and services sold | year only | year only | year only |
| Research and development | year only | year only | year only |
| General and administrative | year only | year only | year only |
| Operating income (loss) | year only | year only | year only |
| Interest expense | year only | year only | year only |
| Other income (expense) | year only | year only | year only |
| Income tax expense (benefit) | year only | year only | year only |
| Net income (loss) | year only | year only | year only |
Balance sheet
CSVFiscal quarters (ZKH's year ends in late December)
| In millions of CNY | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 1,091 | 1,424 | 1,031 |
| Short-term investments | 874 | 544 | 825 |
| Accounts receivable | 3,640 | 3,090 | 3,257 |
| Inventory | 669 | 625 | 670 |
| Prepaid and other current assets | 168 | 179 | 180 |
| Total current assets | 6,954 | 6,190 | 6,138 |
| Property and equipment, net | 145 | 184 | 186 |
| Right-of-use asset | 236 | 191 | 153 |
| Goodwill | 31 | 31 | 31 |
| Total assets | 7,387 | 6,611 | 6,530 |
| Accounts payable | 2,875 | 2,546 | 2,719 |
| Current portion of long-term debt | — | 1 | 2 |
| Total current liabilities | 4,028 | 3,340 | 3,426 |
| Long-term debt | — | 39 | 43 |
| Lease liability, non-current | 147 | 109 | 92 |
| Total liabilities | 4,175 | 3,513 | 3,589 |
| Accumulated deficit | (4,909) | (5,177) | (5,317) |
| Total stockholders' equity | 3,211 | 3,098 | 2,941 |
| Total liabilities and equity | 7,387 | 6,611 | 6,530 |
| Common shares outstanding (cover page) millions of shares | 5,637 | 5,602 | 5,564 |
Cash flows
CSVFiscal quarters (ZKH's year ends in late December)
| In millions of CNY | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | year only | year only | year only |
| Stock-based compensation | year only | year only | year only |
| Depreciation and amortization | year only | year only | year only |
| Net cash from operating activities | year only | year only | year only |
| Purchases of property and equipment | year only | year only | year only |
| Net cash from investing activities | year only | year only | year only |
| Share repurchases | — | year only | year only |
| Proceeds from long-term debt | — | year only | year only |
| Net cash from financing activities | year only | year only | year only |
| Net change in cash | year only | year only | year only |
Compare with peers
SIC 5200 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 5200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| ZKH Group | 1,031 | year only | year only | 5.6B | — | 20-FDec 31, 2025 |
| Bally | 0 | 0* | 0* | 9.8M | — | 10-KSep 30, 2024 |
| Fastenal | 212 | 2,463 | 422 | 1.1B | — | 10-QSep 30, 2026 |
| GrowGeneration | 23 | 43 | 0.9* | 58.9M | — | 10-QJun 30, 2026 |
| iPower | 0.5 | 1.4* | (0.6)* | 1.3M | 0.8 quarters | 10-KJun 30, 2026 |
| Sherwin Williams | 264 | 6,860 | 1,105* | 241.6M | — | 10-QSep 30, 2026 |
| Tractor Supply | 232 | 4,541 | 562* | 521.0M | — | 10-QJun 27, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.