Zkh (ZKH) Notes Payables (2022 - 2025)

Zkh (ZKH) reported Notes Payables of $33.8 million for Q4 2025, down 21.84% on a YoY basis from $43.3 million in Q4 2024, and down 21.84% quarter-over-quarter from $43.3 million in Q4 2024.

Zkh (ZKH) Notes Payables (2022 - 2025) Analysis & Trends

Zkh has reported Notes Payables for 4 years, with the latest figure at $33.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Notes Payables fell 21.84% year-over-year to $33.8 million; the trailing twelve-month figure through Dec 2025 stood at $33.8 million (down 21.84% YoY), and the FY2025 full-year result was $33.8 million, down 21.84% from the prior year.
  • Notes Payables for Q4 2025 stood at $33.8 million, down from $43.3 million in the prior quarter.
  • The five-year high for Notes Payables was $43.3 million in Q4 2024, with the low at $1.1 million in Q4 2023.
  • Historically, Notes Payables has averaged $19.9 million across 4 years, with a median of $17.7 million in 2022.
  • Annual changes were most pronounced in 2023 — Notes Payables slipped 25.16% — and 2024, when it surged 3725.91%.
  • Zkh's Notes Payables stood at $1.5 million in 2022, then fell by 25.16% to $1.1 million in 2023, then surged by 3725.91% to $43.3 million in 2024, then dropped by 21.84% to $33.8 million in 2025.
  • The last three Notes Payables figures came in at $33.8 million (Q4 2025), $43.3 million (Q4 2024), and $1.1 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn
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
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn
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
DateValue
Dec 31, 2025 33.84 Mn
Dec 31, 2024 43.30 Mn
Dec 31, 2023 1.13 Mn
Dec 31, 2022 1.51 Mn