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| Date | Value |
|---|---|
| Dec 31, 2025 | 33.84 Mn |
| Dec 31, 2024 | 43.30 Mn |
| Dec 31, 2023 | 1.13 Mn |
| Dec 31, 2022 | 1.51 Mn |