Zkh (ZKH) Debt Ratio (2022 - 2026)
Zkh (ZKH) reported Debt Ratio of 0.04 for Q1 2026, up 29.76% on a YoY basis from 0.03 in Q1 2025, and down 99.9% quarter-over-quarter from 43.29 in Q4 2025.
Zkh (ZKH) Debt Ratio (2022 - 2026) Analysis & Trends
Zkh has reported Debt Ratio for 5 years, with the latest figure at 0.04 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 29.76% year-over-year to 0.04; the trailing twelve-month figure through Mar 2026 stood at 0.04 (up 29.76% YoY), and the FY2025 full-year result was 0.04, down 18.21% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.04, down from 43.29 in the prior quarter.
- The five-year high for Debt Ratio was 43.29 in Q4 2025, with the low at 0.01 in Q4 2024.
- Historically, Debt Ratio has averaged 3.99 across 5 years, with a median of 0.06 in 2025.
- Annual changes were most pronounced in 2024 — Debt Ratio slumped 92.38% — and 2025, when it jumped 717415.59%.
- Zkh's Debt Ratio 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 0.13 |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 0.21 |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | - |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | - |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 0.38 |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 0.10 |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 0.04 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 1.02 |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | - |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 43.29 |
| Sep 30, 2025 | 0.05 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.04 |