# ZKH Group Limited (ZKH)

> Consumer Cyclical · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/ZKH/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ¥ 4.55B | ¥ 16.51M | ¥ 0 | ¥ 400.94M | ¥ 2.90B |
| 2025 | ¥ 8.99B | ¥ -139.74M | ¥ 0 | ¥ 427.05M | ¥ 2.94B |
| 2024 | ¥ 14.90B | ¥ -497.74M | ¥ 0 | ¥ 548.65M | ¥ 3.10B |
| 2023 | ¥ 8.77B | ¥ -306.09M | ¥ -83.79M | ¥ 831.35M | ¥ 3.21B |
| 2022 | ¥ 8.34B | ¥ -737.82M | ¥ 6.96M | N/A | ¥ -4.07B |
| 2021 | ¥ 7.81B | ¥ -1.15B | ¥ -240.93M | ¥ 666.49M | ¥ 2.27B |
| 2020 | ¥ 1.68B | ¥ -86.78M | ¥ 34.91M | ¥ 412.43M | ¥ 3.24B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.14 |
| Liabilities / Eq | 1.25 |
| Current Ratio | 1.77 |

## Other views

- [Metrics](https://sponda.capital/en/ZKH.md)
- [Charts](https://sponda.capital/en/ZKH/charts.md)
- [Compare](https://sponda.capital/en/ZKH/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.