Zkh (ZKH) Notes Payables (2022 - 2025)

Zkh's (ZKH) quarterly Notes Payables came in at $33.8 million in Q4 2025, up 3233.74% YoY from $1.0 million in Q4 2024, and up 3233.74% on a QoQ basis from $1.0 million in Q4 2024.

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

Zkh (ZKH) has 4 years of Notes Payables data on file, last reported at $33.8 million in Q4 2025.

  • Quarterly Notes Payables rose 3233.74% year-over-year to $33.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $33.8 million (up 3233.74% YoY) and the FY2025 annual result came in at $33.8 million, up 3233.74% from the prior year.
  • Notes Payables rose to $33.8 million in Q4 2025, from $1.0 million in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $33.8 million in Q4 2025 to a low of $1.0 million in Q4 2024.
  • A 4-year average of $9.4 million and a median of $1.3 million in 2022 frame the typical range for Notes Payables.
  • Annual changes were most pronounced in 2023 — Notes Payables slipped 25.16% — and 2025, when it surged 3233.74%.
  • Tracing ZKH's Notes Payables over 4 years: stood at $1.5 million in 2022, then fell by 25.16% to $1.1 million in 2023, then fell by 10.31% to $1.0 million in 2024, then surged by 3233.74% to $33.8 million in 2025.
  • The last three Notes Payables figures came in at $33.8 million (Q4 2025), $1.0 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 2,924.81 Bn 2,801.82 Bn 198.88 Bn
2 PDD Holdings 507.43 Bn 447.89 Bn 9.83 Bn
3 Mercadolibre 97.63 Bn 82.44 Bn 4.16 Bn
4 DoorDash 92.84 Bn 87.49 Bn 2.35 Bn
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn
6 Sea 78.11 Bn 69.60 Bn 3.15 Bn
7 Ebay 47.53 Bn 44.23 Bn 2.30 Bn
8 Coupang 29.77 Bn 23.66 Bn 2.49 Bn
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn
10 Wayfair 13.71 Bn 12.57 Bn 1.05 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 33.84 Mn
Dec 31, 2024 1.02 Mn
Dec 31, 2023 1.13 Mn
Dec 31, 2022 1.51 Mn