Zkh (ZKH) Notes Payables (2022 - 2026)
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.
Analysis
Zkh (ZKH) Notes Payables (2022 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn |
| 10 | Zkh | 557.23 Mn | 317.17 Mn | 63.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.64 Mn |
| Mar 31, 2026 | 33.34 Mn |
| Dec 31, 2025 | 33.84 Mn |
| Sep 30, 2025 | 42.14 Mn |
| Jun 30, 2025 | 46.04 Mn |
| Mar 31, 2025 | 22.16 Mn |
| Dec 31, 2024 | 43.30 Mn |
| Sep 30, 2024 | 70.54 Mn |
| Jun 30, 2024 | 81.32 Mn |
| Mar 31, 2024 | 97.09 Mn |
| Dec 31, 2023 | 81.25 Mn |
| Dec 31, 2022 | 35.15 Mn |