Zkh (ZKH) Debt Ratio (2022 - 2026)
Zkh's (ZKH) quarterly Debt Ratio came in at 0.04 in Q1 2026, up 29.98% YoY from 0.03 in Q1 2025, and down 99.9% on a QoQ basis from 43.29 in Q4 2025.
Analysis
Zkh (ZKH) Debt Ratio (2022 - 2026) Analysis & Trends
Zkh (ZKH) has 5 years of Debt Ratio data on file, last reported at 0.04 in Q1 2026.
- Quarterly Debt Ratio rose 29.98% year-over-year to 0.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.04 (up 29.98% YoY) and the FY2025 annual result came in at 0.04, down 18.21% from the prior year.
- Debt Ratio declined to 0.04 in Q1 2026, from 43.29 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 43.29 in Q4 2025 to a low of 0.01 in Q4 2024.
- A 5-year average of 3.99 and a median of 0.06 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio slumped 92.38% — and 2025, when it jumped 717415.59%.
- Tracing ZKH's Debt Ratio over 5 years: stood at 0.04 in 2022, then surged by 115.85% to 0.08 in 2023, then tumbled by 92.38% to 0.01 in 2024, then jumped by 717415.59% to 43.29 in 2025, then tumbled by 99.9% to 0.04 in 2026.
- The last three Debt Ratio figures came in at 0.04 (Q1 2026), 43.29 (Q4 2025), and 0.05 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn | 0.12 |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn | - |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn | - |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn | 0.21 |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn | - |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn | 0.38 |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn | 0.03 |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn | 0.15 |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn | 0.95 |
| 10 | Zkh | 556.29 Mn | 316.23 Mn | 63.09 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.01 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Dec 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.04 |