Welcome to our dedicated page for ZKH GROUP news (Ticker: ZKH), a resource for investors and traders seeking the latest updates and insights on ZKH GROUP stock.
ZKH Group Limited news covers the company’s MRO procurement platform, quarterly and annual financial results, operating metrics and updates on its digital procurement and fulfillment infrastructure. Recurring company updates discuss the ZKH platform, GBB platform, product sales and marketplace activity, customer categories, fulfillment-network efficiency and AI-supported procurement tools such as product recommendation capabilities.
Company news also includes foreign-issuer reporting items, including annual report announcements, earnings-call schedules, governance updates and disclosures related to its NYSE-listed American depositary shares.
ZKH Group Limited (NYSE: ZKH), China's leading MRO procurement service platform, has scheduled the release of its Q1 2025 unaudited financial results for Tuesday, May 20, 2025, before U.S. markets open. Management will host an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong Time) on the same day.
The earnings call will be accessible via multiple toll-free and international dial-in numbers. A replay will be available until May 27, 2025. Additionally, investors can access the live and archived webcast through ZKH's investor relations website at https://ir.zkh.com.
ZKH Group (NYSE: ZKH), China's leading maintenance, repair and operations (MRO) procurement service platform, has announced the filing of its 2024 annual report on Form 20-F with the SEC on April 17, 2025.
The annual report, which includes audited consolidated financial statements for the fiscal year ended December 31, 2024, is available electronically on the company's investor relations website and the SEC website. Shareholders and ADS holders can request free hard copies from the company's IR Department in Shanghai.
ZKH Group (NYSE: ZKH) reported its Q4 and FY2024 financial results, showing mixed performance. Net revenues for Q4 2024 decreased 3.0% to RMB2,370.2 million (US$324.7 million), while full-year revenues increased slightly by 0.5% to RMB8,761.3 million.
Q4 highlights include a gross margin of 17.1%, remaining flat year-over-year, while operating loss increased to RMB32.6 million. The company reported a Q4 net loss of RMB29.1 million, compared to a net profit of RMB20.2 million in Q4 2023.
For FY2024, ZKH showed improved cash flow generation with positive operating cash flow of RMB229.1 million, marking their first full year of positive cash inflow. The company's gross margin improved to 17.2% from 16.7% in 2023, though it recorded a full-year net loss of RMB268.0 million, an improvement from RMB304.9 million loss in 2023.
ZKH Group (NYSE: ZKH), China's leading MRO procurement service platform, has scheduled the release of its Q4 and fiscal year 2024 unaudited financial results. The announcement will take place on Tuesday, March 18, 2025, before U.S. markets open.
The company management will host an earnings conference call on the same day at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong Time) to discuss the financial results. A replay will be available until March 25, 2025, and interested parties can access both live and archived webcasts through the company's investor relations website.
ZKH Group (NYSE: ZKH), a leading MRO procurement service platform in China, has signed a comprehensive strategic partnership agreement with Tmall. The agreement, effective until October 31, 2026, focuses on cooperation between ZKH's GBB Platform and Tmall's industrial product platform. Under the partnership, ZKH will facilitate flagship stores of leading industrial product brands joining Tmall's platform, while Tmall will provide tailored services and support. The agreement will automatically renew unless either party objects.
ZKH Group reported its Q3 2024 financial results, showing mixed performance. While net revenues slightly increased by 0.7% to RMB2,280.7 million, the company's GMV decreased by 7.2% to RMB2,686 million. The customer base grew by 16.9% to 47,876. The company improved its profitability metrics, with gross margin increasing to 17.0% from 16.3%, and reduced its net loss by 16.3% to RMB81.8 million. Notably, ZKH generated positive operating cash flow of RMB160.5 million, compared to negative cash flow in the same period last year.
ZKH Group (NYSE: ZKH), a leading MRO procurement service platform in China, announced it will release its Q3 2024 unaudited financial results on Friday, November 22, 2024, before U.S. markets open. The company will host an earnings conference call at 7:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong Time) on the same day. A replay will be available until November 29, 2024, and a webcast will be accessible on the company's investor relations website.
ZKH Group (NYSE: ZKH), a leading MRO procurement service platform in China, announced its unaudited financial results for Q2 2024. Key highlights include:
- GMV increased 5.6% YoY to RMB2.75 billion
- Net revenues grew 8.5% YoY to RMB2.25 billion
- Gross profit rose 14.3% YoY to RMB383.0 million
- Gross margin expanded by 86.2 bps to 17.0%
- Operating loss narrowed by 42.1% to RMB71.2 million
- Non-GAAP adjusted net loss decreased by 73.1% to RMB34.9 million
The company saw strong customer growth of 25.1% YoY, reaching 48,766 customers. ZKH continues to focus on strengthening its supply chain capabilities, enhancing customer coverage, and advancing digitalization efforts to drive long-term growth in the MRO market.