Zkh (ZKH) Invested Capital (2022 - 2026)

Zkh posted quarterly Invested Capital of $448.5 million for Q4 2025, up 3.95% year-on-year from $431.5 million in Q4 2024, and up 1070019.24% on a QoQ basis from $41915.4 in Q3 2025.

Zkh (ZKH) has 4 years of Invested Capital data on file, last reported at $448.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital rose 3.95% year-over-year to $448.5 million; the trailing twelve-month figure through Dec 2025 stood at $448.5 million (up 3.95% YoY), and the FY2025 full-year result was $414.7 million, down 3.86% from the prior year.
  • Invested Capital for Q4 2025 stood at $448.5 million, up from $41915.4 in the prior quarter.
  • Across five years, Invested Capital topped out at $527.3 million in Q4 2023 and bottomed at -$536.6 million in Q4 2022.
  • The 4-year median for Invested Capital is $435.3 million (2024), against an average of $219.6 million.
  • The widest annual swing landed in 2023, when Invested Capital surged 198.26%; it then slumped 100.0% in 2025.
  • A 4-year view of Invested Capital shows it stood at -$536.6 million in 2022, then surged by 198.26% to $527.3 million in 2023, then declined by 18.16% to $431.5 million in 2024, then grew by 3.95% to $448.5 million in 2025.
  • The last three Invested Capital figures came in at $448.5 million (Q4 2025), $41915.4 (Q3 2025), and $45594.4 (Q2 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 33,205.27
Dec 31, 2025 448.54 Mn
Sep 30, 2025 41,915.37
Jun 30, 2025 45,594.37
Mar 31, 2025 22,119.25
Dec 31, 2024 431.50 Mn
Sep 30, 2024 439.06 Mn
Jun 30, 2024 440.22 Mn
Mar 31, 2024 445.76 Mn
Dec 31, 2023 527.27 Mn
Dec 31, 2022 -536.61 Mn