ZKH Group Ltd (ZKH) stock

ZKHNYSERetail-Building Materials, Hardware, Garden SupplyFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026Score 4/30

$1.29+0.01 (+0.78%)

Close on Nov 13, 2026Market cap $410.11MP/E –Yield 0.00%

ZKH statistics

82 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: CN¥2.74B; –
Enterprise Value: CN¥1.17B; –
PS Ratio: 0.30; –
PB Ratio: 0.93; –
P/TBV Ratio: 0.95; –
P/OCF Ratio: 311.51; –

Enterprise valuationIndustry

EV / Sales: 0.13; –

Share statisticsIndustry

Shares Outstanding: 11.13B; –
Shares Change (YoY): -0.88%; –
Float: 10.22B; –
Shares Held by Insiders: 8.12%; –
Shares Held by Institutions: 0.20%; –

Short sellingIndustry

Short Interest: 13,097; –
Short Interest Change: 25.5%; –
Days to Cover: 1.00; –

Stock price statisticsIndustry

Price Change (1 Week): -1.53%; –
Price Change (1 Month): -31.7%; –
Price Change (3 Months): -55.2%; –
Price Change (6 Months): -55.7%; –
Price Change (YTD): -64.9%; –
Price Change (1 Year): -56.7%; –
Average Volume (10 Days): 198,388; –
Average Volume (20 Days): 172,770; –
Average Volume (90 Days): 228,400; –
Relative Volume: 1.36; –
Relative Strength Index (14): 27.9; –
Volatility (1 Year): 69.9%; –
Beta (5 Years): 0.39; –

MarginsIndustry

Gross Margin: 16.4%; –
Operating Margin: -2.37%; –
Pretax Margin: -1.55%; –
Profit Margin: -1.55%; –
EBITDA Margin: -1.84%; –
FCF Margin: -0.49%; –

Returns on capitalIndustry

Return on Equity (ROE): -4.63%; –
Return on Assets (ROA): -2.13%; –
Return on Invested Capital (ROIC): -11.8%; –
Return on Capital Employed (ROCE): -6.87%; –

Financial positionIndustry

Current Ratio: 1.79; –
Quick Ratio: 1.49; –
Debt / Equity: 0.10; –
Interest Coverage: -18.80; –

GrowthIndustry

Revenue Growth (YoY): 2.58%; –
FCF Growth (YoY): -129.5%; –
Revenue Growth (3Y CAGR): 2.63%; –

EfficiencyIndustry

Asset Turnover: 1.37; –
Inventory Turnover: 11.60; –
Revenue Per Employee: CN¥7.49M; –
Profits Per Employee: -CN¥116.45K; –
Employee Count: 1,200; –
WACC: 7.26%; –

Income statement (TTM)Industry

Revenue: CN¥8.99B; –
Gross Profit: CN¥1.48B; –
Operating Income: -CN¥213.34M; –
Pretax Income: -CN¥139.05M; –
Net Income: -CN¥139.74M; –
EBITDA: -CN¥164.98M; –
EPS (Diluted): -0.02 CNY; –

Balance sheetIndustry

Cash & Short-Term Investments: CN¥1.86B; –
Total Debt: CN¥284.96M; –
Net Cash (Debt): CN¥1.57B; –
Net Cash Per Share: 0.14 CNY; –
Equity (Book Value): CN¥2.94B; –
Book Value Per Share: 0.26 CNY; –
Tangible Book Value: CN¥2.89B; –
Working Capital: CN¥2.71B; –

Cash flow (TTM)Industry

Operating Cash Flow: CN¥8.79M; –
Capital Expenditures: -CN¥53.04M; –
Free Cash Flow: -CN¥44.25M; –
FCF Per Share: -0.00 CNY; –

Dividends and yieldsIndustry

Earnings Yield: -5.10%; –
FCF Yield: -1.62%; –
Dividend Yield: 0.00%; –
Buyback Yield: 1.50%; –
Shareholder Yield: 1.50%; –
Dividend Per Share: 0.00 CNY; –
Years of Dividend Growth: 0; –

Taxes and interestIndustry

Interest Expense: CN¥11.35M; –
Income Tax: CN¥689.00K; –

Scores and fair valueIndustry

Altman Z-Score: 1.08; –
Piotroski F-Score: 5; –
Beneish M-Score: -2.54; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	ZKH	S&P 500	Difference
1 month	-33.5%	-3.0%	−30.5 pts
3 months	-55.8%	-2.8%	−53.0 pts
Year to date	-64.9%	+11.5%	−76.4 pts
1 year	-57.7%	+13.5%	−71.2 pts

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M ZKH shares were sold short on Oct 30, 2026, up 25.5% from the previous report. At recent volumes it would take 1.0 days to buy them back. Over the last 20 sessions, 52.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	13,097	+25.5%	151,028	1.0
Oct 15, 2026	10,436	-55.6%	154,006	1.0
Sep 30, 2026	23,529	+32.7%	164,682	1.0
Sep 15, 2026	17,732	-2.5%	355,939	1.0
Aug 31, 2026	18,185	-5.1%	650,903	1.0
Aug 14, 2026	19,163	-70.9%	113,843	1.0
Jul 31, 2026	65,807	-6.7%	112,975	1.0
Jul 15, 2026	70,543	-11.9%	53,719	1.3
Jun 30, 2026	80,067	-7.8%	120,178	1.0
Jun 15, 2026	86,802	-14.1%	82,748	1.1
May 29, 2026	101,064	+65.3%	182,028	1.0
May 15, 2026	61,150	+51.6%	396,784	1.0