ZKH Group Limited (ZKH)
Every figure this model derived for ZKH, the value it took, and the element in the company's own XBRL it was read from — so any of it can be checked against the filing rather than taken on trust. As at 2025-12-31.
The figures, and where each came from
This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.
| Figure | Value | XBRL tag | As at |
|---|---|---|---|
| capex | 53,043,000 | PaymentsToAcquirePropertyPlantAndEquipment |
2025-12-31 |
| cash | 1,855,862,000 | CashAndCashEquivalentsAtCarryingValue |
2025-12-31 |
| current assets | 6,138,199,000 | AssetsCurrent |
2025-12-31 |
| current liabilities | 3,425,790,000 | LiabilitiesCurrent |
2025-12-31 |
| equity | 2,941,333,000 | StockholdersEquity |
2025-12-31 |
| interest expense | 11,350,000 | InterestExpenseNonoperating |
2025-12-31 |
| ocf | 8,789,000 | NetCashProvidedByUsedInOperatingActivities |
2025-12-31 |
| revenue | 8,987,738,000 | RevenueFromContractWithCustomerExcludingAssessedTax |
2025-12-31 |
| sbc | 53,817,000 | ShareBasedCompensation |
2025-12-31 |
The ratios
The figures themselves rather than their scores — what somebody looking up ZKH on one particular measure came for.
| Ratio | Value |
|---|---|
| cash operating margin | -1.24 |
| current ratio | 1.81 |
| current ratio reported | 1.79 |
| deferred revenue growth | -1.02 |
| dilution pct | -0.88 |
| fcf margin | -0.49 |
| growth cv | 0.73 |
| interest cover | -18.8 |
| operating margin | -2.37 |
| owner earnings margin | -1.09 |
| revenue growth | 2.58 |
| revenue growth per share | 3.49 |
| roic | -12.3 |
| rule of 40 | 0.21 |
| sbc pct revenue | 0.6 |
Everything else this filing tags
228 more elements from ZKH's own XBRL that this model has no measure for, newest reading each, largest first. Nothing here is converted, added up or renamed — it is the filing's own element names and the filing's own numbers.
| Element | Newest | As of | Periods | Unit |
|---|---|---|---|---|
CommonStockSharesAuthorized | 500,000,000,000 | 2025-12-31 | 8 | shares |
AdditionalPaidInCapitalCommonStock | 8,370,941,000 | 2025-12-31 | 5 | CNY |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities | 7,570,417,000 | 2023-12-31 | 3 | CNY |
CostOfGoodsAndServicesSold | 7,512,076,000 | 2025-12-31 | 9 | CNY |
Assets | 6,529,849,000 | 2025-12-31 | 6 | CNY |
LiabilitiesAndStockholdersEquity | 6,529,849,000 | 2025-12-31 | 6 | CNY |
WeightedAverageNumberOfDilutedSharesOutstanding | 5,686,064,402 | 2025-12-31 | 9 | shares |
WeightedAverageNumberOfSharesOutstandingBasic | 5,686,064,402 | 2025-12-31 | 9 | shares |
CommonStockSharesIssued | 5,682,357,714 | 2025-12-31 | 6 | shares |
CommonStockSharesOutstanding | 5,563,528,436 | 2025-12-31 | 6 | shares |
RetainedEarningsAccumulatedDeficit | -5,317,131,000 | 2025-12-31 | 6 | CNY |
TemporaryEquitySharesOutstanding | 4,138,640,113 | 2022-12-31 | 5 | shares |
Liabilities | 3,588,516,000 | 2025-12-31 | 6 | CNY |
AccountsReceivableGrossCurrent | 3,417,085,000 | 2025-12-31 | 6 | CNY |
AccountsReceivableNetCurrent | 3,257,162,000 | 2025-12-31 | 6 | CNY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 2,941,333,000 | 2025-12-31 | 12 | CNY |
AccountsPayableCurrent | 2,718,941,000 | 2025-12-31 | 6 | CNY |
OperatingLossCarryforwards | 2,192,414,000 | 2025-12-31 | 3 | CNY |
ProceedsFromConvertibleDebt | 1,384,218,000 | 2022-12-31 | 2 | CNY |
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries | 1,200,367,000 | 2025-12-31 | 3 | CNY |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | 1,092,444,000 | 2025-12-31 | 12 | CNY |
SupplierFinanceProgramObligationIncrease | 869,250,000 | 2025-12-31 | 6 | CNY |
ShortTermInvestments | 825,289,000 | 2025-12-31 | 5 | CNY |
SupplierFinanceProgramObligationDecreaseSettlement | 772,045,000 | 2025-12-31 | 6 | CNY |
InventoryNet | 669,825,000 | 2025-12-31 | 6 | CNY |
RepaymentsOfShortTermDebt | 660,790,000 | 2025-12-31 | 9 | CNY |
TemporaryEquityAccretionToRedemptionValueAdjustment | 660,070,000 | 2023-12-31 | 6 | CNY |
DeferredTaxAssetsValuationAllowance | 624,594,000 | 2025-12-31 | 12 | CNY |
ProceedsFromShortTermDebt | 589,790,000 | 2025-12-31 | 9 | CNY |
SellingAndMarketingExpense | 585,039,000 | 2025-12-31 | 9 | CNY |
DeferredTaxAssetsOperatingLossCarryforwards | 578,747,000 | 2025-12-31 | 9 | CNY |
GeneralAndAdministrativeExpense | 576,269,000 | 2025-12-31 | 9 | CNY |
PaymentsToAcquireShortTermInvestments | 488,288,000 | 2025-12-31 | 9 | CNY |
SupplierFinanceProgramObligationCurrent | 439,852,000 | 2025-12-31 | 9 | CNY |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect | -424,438,000 | 2025-12-31 | 9 | CNY |
PropertyPlantAndEquipmentGross | 410,326,000 | 2025-12-31 | 6 | CNY |
AssetsNoncurrent | 391,650,000 | 2025-12-31 | 6 | CNY |
ProceedsFromIssuanceInitialPublicOffering | 385,768,000 | 2023-12-31 | 3 | CNY |
EmployeeBenefitsAndShareBasedCompensation | 358,433,000 | 2025-12-31 | 9 | CNY |
NetCashProvidedByUsedInInvestingActivities | -324,473,000 | 2025-12-31 | 9 | CNY |
DebtLongtermAndShorttermCombinedAmount | 284,956,000 | 2025-12-31 | 4 | CNY |
ReclassificationsOfTemporaryToPermanentEquity | 272,426,000 | 2023-12-31 | 3 | CNY |
ShortTermBorrowings | 240,000,000 | 2025-12-31 | 6 | CNY |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | 224,141,000 | 2025-12-31 | 6 | CNY |
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments | 213,828,000 | 2025-12-31 | 9 | CNY |
OperatingIncomeLoss | -213,337,000 | 2025-12-31 | 9 | CNY |
IncreaseDecreaseInAccountsReceivable | 199,326,000 | 2025-12-31 | 9 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber | 189,550,758 | 2025-12-31 | 12 | shares |
PropertyPlantAndEquipmentNet | 186,185,000 | 2025-12-31 | 6 | CNY |
ComprehensiveIncomeNetOfTax | -181,794,000 | 2025-12-31 | 9 | CNY |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest | -181,794,000 | 2025-12-31 | 9 | CNY |
PrepaidExpenseAndOtherAssetsCurrent | 180,188,000 | 2025-12-31 | 6 | CNY |
EmployeeRelatedLiabilitiesCurrent | 176,909,000 | 2025-12-31 | 6 | CNY |
IncreaseDecreaseInAccountsPayable | 165,545,000 | 2025-12-31 | 9 | CNY |
ResearchAndDevelopmentExpense | 165,518,000 | 2025-12-31 | 9 | CNY |
LiabilitiesNoncurrent | 162,726,000 | 2025-12-31 | 6 | CNY |
AllowanceForDoubtfulAccountsReceivableCurrent | 159,923,000 | 2025-12-31 | 9 | CNY |
OperatingLeaseRightOfUseAsset | 152,787,000 | 2025-12-31 | 6 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDue | 151,406,000 | 2025-12-31 | 3 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber | 147,862,725 | 2025-12-31 | 6 | shares |
OperatingLeaseLiability | 142,096,000 | 2025-12-31 | 6 | CNY |
NetIncomeLoss | -139,742,000 | 2025-12-31 | 9 | CNY |
NetIncomeLossAvailableToCommonStockholdersBasic | -139,742,000 | 2025-12-31 | 9 | CNY |
NetIncomeLossAvailableToCommonStockholdersDiluted | -139,742,000 | 2025-12-31 | 9 | CNY |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest | -139,742,000 | 2025-12-31 | 9 | CNY |
ProfitLoss | -139,742,000 | 2025-12-31 | 9 | CNY |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | -139,053,000 | 2025-12-31 | 9 | CNY |
LeaseCost | 129,845,000 | 2025-12-31 | 9 | CNY |
IncreaseDecreaseInNotesReceivableCurrent | -120,922,000 | 2025-12-31 | 9 | CNY |
NotesAndLoansReceivableNetCurrent | 113,291,000 | 2025-12-31 | 6 | CNY |
NetCashProvidedByUsedInFinancingActivities | -104,469,000 | 2025-12-31 | 9 | CNY |
DebtInstrumentFaceAmount | 100,000,000 | 2023-08-31 | 1 | CNY |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability | 98,251,000 | 2025-12-31 | 9 | CNY |
OperatingLeaseLiabilityNoncurrent | 91,894,000 | 2025-12-31 | 6 | CNY |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | -89,650,000 | 2025-12-31 | 9 | CNY |
TreasuryStockCommonValue | 81,759,000 | 2025-12-31 | 3 | CNY |
OperatingLeasePayments | 81,015,000 | 2025-12-31 | 9 | CNY |
OperatingLeaseCost | 79,540,000 | 2025-12-31 | 9 | CNY |
OtherLiabilitiesCurrent | 78,500,000 | 2025-12-31 | 6 | CNY |
DepositsAssetsCurrent | 77,479,000 | 2025-12-31 | 4 | CNY |
IncreaseDecreaseInInventories | 75,708,000 | 2025-12-31 | 9 | CNY |
InterestExpenseDebt | 73,081,000 | 2022-12-31 | 2 | CNY |
GovernmentAssistanceAmount | 71,503,000 | 2023-12-31 | 3 | CNY |
FiniteLivedIntangibleAssetsGross | 65,840,000 | 2025-12-31 | 6 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive | 62,737,000 | 2024-12-31 | 2 | CNY |
RestrictedCashCurrent | 61,871,000 | 2025-12-31 | 6 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod | 59,953,110 | 2025-12-31 | 1 | shares |
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions | 55,782,000 | 2024-12-31 | 4 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths | 54,398,000 | 2025-12-31 | 3 | CNY |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue | 53,817,000 | 2025-12-31 | 9 | CNY |
AllocatedShareBasedCompensationExpense | 53,817,000 | 2025-12-31 | 9 | CNY |
SegmentExpenditureAdditionToLongLivedAssets | 53,708,000 | 2025-12-31 | 6 | CNY |
PrepaidExpenseCurrent | 53,030,000 | 2025-12-31 | 6 | CNY |
ShortTermLeaseCost | 50,305,000 | 2025-12-31 | 9 | CNY |
OperatingLeaseLiabilityCurrent | 50,202,000 | 2025-12-31 | 6 | CNY |
InvestmentIncomeNet | 50,088,000 | 2025-12-31 | 9 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber | 49,815,360 | 2025-12-31 | 1 | shares |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign | -49,403,000 | 2025-12-31 | 9 | CNY |
IncreaseDecreaseInOperatingLeaseLiability | -48,379,000 | 2025-12-31 | 9 | CNY |
DepreciationDepletionAndAmortization | 48,356,000 | 2025-12-31 | 9 | CNY |
StockIssuedDuringPeriodValueNewIssues | 46,122,000 | 2024-12-31 | 5 | CNY |
LongTermDebt | 44,956,000 | 2025-12-31 | 2 | CNY |
FiniteLivedIntangibleAssetsAccumulatedAmortization | 43,969,000 | 2025-12-31 | 6 | CNY |
LongTermDebtNoncurrent | 42,651,000 | 2025-12-31 | 3 | CNY |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax | -42,052,000 | 2025-12-31 | 9 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber | 41,688,033 | 2025-12-31 | 6 | shares |
Depreciation | 41,478,000 | 2025-12-31 | 9 | CNY |
PaymentsForRepurchaseOfCommonStock | 41,001,000 | 2025-12-31 | 3 | CNY |
TreasuryStockValueAcquiredCostMethod | 41,001,000 | 2025-12-31 | 3 | CNY |
AccumulatedOtherComprehensiveIncomeLossNetOfTax | -37,288,000 | 2025-12-31 | 6 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo | 37,129,000 | 2025-12-31 | 3 | CNY |
OtherNonoperatingIncomeExpense | 35,546,000 | 2025-12-31 | 9 | CNY |
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate | -34,763,000 | 2025-12-31 | 9 | CNY |
ProvisionForDoubtfulAccounts | 32,868,000 | 2025-12-31 | 9 | CNY |
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease | 32,571,000 | 2025-12-31 | 6 | CNY |
InventoryWriteDown | 31,365,000 | 2025-12-31 | 9 | CNY |
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance | 31,231,000 | 2024-12-31 | 8 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDueYearThree | 30,838,000 | 2025-12-31 | 3 | CNY |
Goodwill | 30,807,000 | 2025-12-31 | 6 | CNY |
AdvertisingExpense | 28,584,000 | 2025-12-31 | 9 | CNY |
OtherLiabilitiesNoncurrent | 28,181,000 | 2025-12-31 | 6 | CNY |
ContractWithCustomerLiabilityCurrent | 27,152,000 | 2025-12-31 | 6 | CNY |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities | 26,616,000 | 2025-12-31 | 9 | CNY |
OtherAssetsCurrent | 25,898,000 | 2025-12-31 | 6 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive | 25,360,000 | 2025-12-31 | 2 | CNY |
ValueAddedTaxReceivableCurrent | 23,781,000 | 2025-12-31 | 4 | CNY |
StockIssuedDuringPeriodSharesStockOptionsExercised | 23,404,920 | 2025-12-31 | 6 | shares |
FiniteLivedIntangibleAssetsNet | 21,871,000 | 2025-12-31 | 6 | CNY |
AccrualForTaxesOtherThanIncomeTaxesCurrent | 21,487,000 | 2025-12-31 | 6 | CNY |
GovernmentAssistanceNonoperatingIncome | 21,279,000 | 2025-12-31 | 6 | CNY |
InvestmentIncomeNonoperating | 20,017,000 | 2025-12-31 | 9 | CNY |
UnrealizedGainLossOnInvestments | 20,017,000 | 2025-12-31 | 9 | CNY |
LesseeOperatingLeaseLiabilityPaymentsDueYearFour | 19,393,000 | 2025-12-31 | 3 | CNY |
InterestExpense | 19,343,000 | 2023-12-31 | 3 | CNY |
AllowanceForDoubtfulAccountsReceivableWriteOffs | 18,915,000 | 2025-12-31 | 6 | CNY |
ForeignCurrencyTransactionGainLossBeforeTax | 16,405,000 | 2025-12-31 | 9 | CNY |
DebtInstrumentCollateralAmount | 14,500,000 | 2023-08-31 | 1 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod | 13,893,270 | 2025-12-31 | 9 | shares |
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost | 13,454,000 | 2025-12-31 | 1 | CNY |
StockIssuedDuringPeriodValueStockOptionsExercised | 11,820,000 | 2025-12-31 | 3 | CNY |
PaymentsForProceedsFromPreviousAcquisition | 10,239,000 | 2021-12-31 | 1 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod | 10,137,750 | 2025-12-31 | 1 | shares |
LesseeOperatingLeaseLiabilityPaymentsDueYearFive | 9,648,000 | 2025-12-31 | 3 | CNY |
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount | 9,310,000 | 2025-12-31 | 3 | CNY |
GainLossOnForeignCurrencyFairValueHedgeDerivatives | -8,736,000 | 2025-12-31 | 5 | CNY |
DerivativeLiabilitiesCurrent | 8,624,000 | 2025-12-31 | 1 | CNY |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 8,179,000 | 2025-12-31 | 9 | CNY |
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 | 7,659,000 | 2025-12-31 | 6 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue | 7,413,000 | 2025-12-31 | 6 | USD |
NotesPayableCurrent | 7,291,000 | 2024-12-31 | 5 | CNY |
ProceedsFromPaymentsForOtherFinancingActivities | -7,140,000 | 2024-12-31 | 4 | CNY |
AmortizationOfIntangibleAssets | 7,037,000 | 2025-12-31 | 9 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross | 6,635,508 | 2024-12-31 | 8 | shares |
CapitalExpendituresIncurredButNotYetPaid | 6,583,000 | 2025-12-31 | 2 | CNY |
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths | 6,403,000 | 2025-12-31 | 3 | CNY |
OtherNonoperatingExpense | 5,948,000 | 2024-12-31 | 6 | CNY |
IncomeTaxReconciliationForeignIncomeTaxRateDifferential | 5,179,000 | 2024-12-31 | 8 | CNY |
ProceedsFromIssuanceOfLongTermDebt | 5,072,000 | 2025-12-31 | 3 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive | 4,611,000 | 2025-12-31 | 2 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour | 4,611,000 | 2025-12-31 | 2 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree | 4,611,000 | 2025-12-31 | 2 | CNY |
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo | 4,484,000 | 2025-12-31 | 3 | CNY |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations | -4,285,000 | 2025-12-31 | 9 | CNY |
MinorityInterest | 4,238,000 | 2022-12-31 | 1 | CNY |
InterestPaidNet | 3,812,000 | 2025-12-31 | 9 | CNY |
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree | 3,742,000 | 2025-12-31 | 3 | CNY |
ProceedsFromSaleOfProductiveAssets | 3,695,000 | 2025-12-31 | 9 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo | 3,458,000 | 2025-12-31 | 2 | CNY |
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour | 2,979,000 | 2025-12-31 | 3 | CNY |
IncomeTaxReconciliationNondeductibleExpenseOther | 2,743,000 | 2025-12-31 | 1 | CNY |
MinorityInterestDecreaseFromRedemptions | 2,480,000 | 2023-12-31 | 3 | CNY |
PaymentsToMinorityShareholders | 2,474,000 | 2024-12-31 | 8 | CNY |
ProceedsFromStockOptionsExercised | 2,460,000 | 2025-12-31 | 3 | CNY |
LongTermDebtCurrent | 2,305,000 | 2025-12-31 | 3 | CNY |
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths | 2,305,000 | 2025-12-31 | 2 | CNY |
IncomeTaxReconciliationChangeInEnactedTaxRate | 1,069,000 | 2025-12-31 | 3 | CNY |
CurrentIncomeTaxExpenseBenefit | 689,000 | 2025-12-31 | 9 | CNY |
IncomeTaxExpenseBenefit | 689,000 | 2025-12-31 | 9 | CNY |
PaymentsToAcquireIntangibleAssets | 665,000 | 2025-12-31 | 9 | CNY |
GainLossOnSaleOfPropertyPlantEquipment | 629,000 | 2025-12-31 | 9 | CNY |
IncomeTaxesPaidNet | 569,000 | 2025-12-31 | 9 | CNY |
AllowanceForDoubtfulAccountsReceivableRecoveries | 479,000 | 2025-12-31 | 5 | CNY |
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest | -393,000 | 2023-12-31 | 6 | CNY |
IncreaseDecreaseInContractWithCustomerLiability | -281,000 | 2025-12-31 | 9 | CNY |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue | -246,000 | 2025-12-31 | 6 | USD |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest | -193,000 | 2023-12-31 | 6 | CNY |
CommonStockValue | 4,000 | 2025-12-31 | 6 | CNY |
SharePrice | 1 | 2021-12-31 | 1 | CNY/shares |
NumberOfReportableSegments | 1 | 2025-12-31 | 3 | segment |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice | 1 | 2021-12-31 | 1 | CNY/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue | 0 | 2024-12-31 | 8 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum | 0 | 2023-12-31 | 5 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum | 0 | 2023-12-31 | 5 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate | 0 | 2024-12-31 | 3 | pure |
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate | 0 | 2025-12-31 | 3 | pure |
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue | 0 | 2025-12-31 | 12 | USD/shares |
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue | 0 | 2025-12-31 | 9 | USD/shares |
SharePrice | 0 | 2021-12-31 | 1 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice | 0 | 2021-12-31 | 1 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice | 0 | 2025-12-31 | 6 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice | 0 | 2025-12-31 | 9 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue | 0 | 2025-12-31 | 1 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue | 0 | 2025-12-31 | 1 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue | 0 | 2025-12-31 | 1 | USD/shares |
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost | -0 | 2025-12-31 | 1 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice | 0 | 2025-12-31 | 12 | USD/shares |
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice | 0 | 2024-12-31 | 8 | USD/shares |
PropertyPlantAndEquipmentSalvageValuePercentage | 0 | 2025-12-31 | 3 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice | 0 | 2025-12-31 | 6 | USD/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum | 0 | 2023-12-31 | 5 | pure |
OperatingLeaseWeightedAverageDiscountRatePercent | 0 | 2025-12-31 | 6 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum | 0 | 2023-12-31 | 5 | pure |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate | 0 | 2024-12-31 | 3 | pure |
EarningsPerShareBasic | -0 | 2025-12-31 | 9 | CNY/shares |
EarningsPerShareDiluted | -0 | 2025-12-31 | 9 | CNY/shares |
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther | -0 | 2025-12-31 | 1 | pure |
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice | 0 | 2025-12-31 | 3 | USD/shares |
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate | -0 | 2025-12-31 | 1 | pure |
EffectiveIncomeTaxRateContinuingOperations | -0 | 2025-12-31 | 1 | pure |
CashCollateralForBorrowedSecurities | 0 | 2025-12-31 | 6 | CNY |
CommonStockParOrStatedValuePerShare | 0 | 2025-12-31 | 8 | USD/shares |
GoodwillImpairmentLoss | 0 | 2025-12-31 | 8 | CNY |
ImpairmentOfIntangibleAssetsFinitelived | 0 | 2025-12-31 | 9 | CNY |
TemporaryEquityAccretionToRedemptionValue | 0 | 2025-12-31 | 9 | CNY |
TemporaryEquityCarryingAmountAttributableToParent | 0 | 2025-12-31 | 9 | CNY |
CommonStockDividendsPerShareDeclared | 0 | 2025-12-31 | 2 | CNY/shares |
PreferredStockDividendsPerShareDeclared | 0 | 2025-12-31 | 2 | CNY/shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate | 0 | 2025-12-31 | 6 | pure |
What to be careful about
What this model itself distrusts about ZKH's figures. Written by the derivation as it ran, not added afterwards.
- revenue is annual, not TTM
- operating income is annual, not TTM
- reports in CNY while its share price is quoted in USD, and no exchange rate could be used (no rate for USD to CNY that is less than 30 days old, and this is not a refresh). Every multiple would pair one currency with another, so none of them is a ratio — set `market_cap` in overrides.yaml in CNY to score it
- gross profit not tagged; rebuilt from RevenueFromContractWithCustomerExcludingAssessedTax - CostOfGoodsAndServicesSold
- analyst estimate not used: trailing EPS is not positive, so a growth rate would be meaningless
- valuation DROPPED from the total: only 0 of 2 inputs could be computed (ev sales, ev owner earnings not tagged), so the score is not meaningful. Its weight is spread over the other dimensions