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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,927.45 Bn | 2,804.46 Bn | 198.88 Bn | 0.12 |
| 2 | PDD Holdings | 507.18 Bn | 447.64 Bn | 9.83 Bn | 0.00 |
| 3 | Mercadolibre | 97.45 Bn | 82.26 Bn | 4.16 Bn | 0.21 |
| 4 | DoorDash | 92.85 Bn | 87.50 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | 0.03 |
| 6 | Sea | 78.11 Bn | 69.59 Bn | 3.15 Bn | 0.01 |
| 7 | Ebay | 47.50 Bn | 44.19 Bn | 2.30 Bn | 0.38 |
| 8 | Coupang | 29.76 Bn | 23.65 Bn | 2.49 Bn | 0.15 |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | 0.04 |
| 10 | Wayfair | 13.69 Bn | 12.55 Bn | 1.05 Bn | 0.95 |
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 |