ZKH · NYSE · Specialty Retail

ZKH (ADR) (ZKH)

Connects industrial buyers with MRO products through the ZKH and GBB procurement platforms.

$2.89
Pre-market−0.04 (−1.37%)
At close$2.93(0.00%)
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ZKH Group LimitedZKHConsumer Discretionary

Provides MRO procurement, product curation, and fulfillment through the ZKH and GBB online platforms. The China-focused operating business is held through a Cayman structure, while its ADSs trade on the NYSE.

Combines the ZKH and GBB online platforms to provide MRO procurement solutions, product curation, and fulfillment services. Its operating roots are in China, where ZKH Industrial Supply began operations in 2014. The platforms support procurement and management of maintenance, repair, and operations supplies.

Digitalization and big-data analytics are used to address customer needs and run operations. The operating business sits within a Cayman holding-company structure, and its ADSs trade on the NYSE.

Founder Long Chen remains chairman and CEO, and the company is an NYSE controlled company because of his voting power.

Company facts

CEOLong Chen
ListedDec 15, 2023
ExchangeNYSE
HeadquartersShanghai, China
CountryChina
Employees2,933
CIK0001862044
ISINUS98877R1041

Market cap$473.3M
EPS (ttm)$0.0057
P/E (ttm)516.17
ROE-0.1%
P/B1.09
P/S0.3369
Dividend yieldDiv yield
Beta0.39vs XLY −0.18

No analyst consensus on record.

Next report
Nov 20, 2026
in 78 days
EPS estimate
Revenue estimate
$370.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.01−$0.04−$0.03−$0.01$0.01−$0.01$0.04Pending
Estimate−$0.01−$0.33$0.19$0.03$0.05
Surprise+27.0%+87.9%−115.8%−137.5%−81.6%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$2.37B$1.94B$302.2M$327.0M$365.6M$306.4M$359.7MPending
Estimate$312.3M$2.44B$2.72B$320.3M$351.7M$291.7M$349.3M$370.4M
Surprise+658.9%−20.8%−88.9%+2.1%+4.0%+5.0%+3.0%
Estimate
ReportedDue Nov 20, 2026
Estimate$370.4M
ReportedDue Nov 20, 2026
View details

Debt to equity13.80%
Current ratio177.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$339.5M$1.26B$288.1M$322.5M$346.6M$380.6M$314.6M$362.7M
Net income−$12.2M−$38.2M−$9.9M−$8.0M−$3.6M$714.0K−$1.5M$4.0M
Net margin0.0%0.0%0.0%0.0%0.0%0.2%0.0%1.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$15.7M−$48.2M−$12.0M−$10.7M−$4.8M−$4.2M−$3.3M$593.9K
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $249.3M · Total debt $59.7M · Total assets $968.6M · Shareholders' equity $431.2M

Revenue
$362.7M
Operating income
$593.9K
Net income
$4.0M

Reported in CNY, converted at the latest exchange rate

View details

No dividends on record.

Institutions19 holders · as of Mar 31, 202613.52%21.91M ADS
Otherremainder86.48%140.17M ADS

162.08M ADS as of Aug 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Canada Pension Plan Investment BoardInstitution
6.55%10.62M ADS13Fas of Mar 31, 2026
FIL LtdInstitution
5.00%8.11M ADS13Fas of Mar 31, 2026
Boundless Plain Holdings LtdInstitution
1.48%2.40M ADS13Fas of Mar 31, 2026
JPMorgan Chase & CoInstitution
0.25%411,322 ADS13Fas of Mar 31, 2026
Renaissance Technologies LLCInstitution
0.06%89,900 ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
ZKH (ADR)$2.89−1.37%$473.3M516.20.3+19.0%
Alibaba Group (ADR)$110.02−1.61%$267.95B25.516.81.7+14.8%
W.W. Grainger$1,302.32+1.35%$60.66B32.826.53.2+10.3%
Median29.121.72.5+12.5%