Profile
Sector:
Consumer CyclicalIndustry:
Internet RetailCountry:
ChinaIPO:
15 December 2023Website:
http://www.zkh.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:40:01 GMTDividend
Analysts recommendations
Institutional Ownership
ZKH Latest News
SHANGHAI , Aug. 22, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Operational and Financial Highlights in thousand RMB, except for number of customers, percentage and basis points ("bps") Second Quarter 2023 2024 Change GMV[1] 2,608,851 2,754,591 5.6 % GMV by Platform ZKH Platform 2,375,584 2,479,915 4.4 % GBB Platform 233,267 274,676 17.8 % GMV by Business Model Product Sales (1P) 1,995,108 2,185,351 9.5 % Marketplace (3P) 613,743 569,240 -7.3 % Number of Customers[2] 38,980 48,766 25.1 % ZKH Platform 28,909 34,360 18.9 % GBB Platform 10,071 14,406 43.0 % Net Revenues[3] 2,073,453 2,249,996 8.5 % Gross Profit 335,071 382,991 14.3 % % of Net Revenues 16.2 % 17.0 % 86.2bps Operating Loss (123,093) (71,213) -42.1 % % of Net Revenues -5.9 % -3.2 % 277.2bps Non-GAAP EBITDA[4] (107,851) (47,068) -56.4 % % of Net Revenues -5.2 % -2.1 % 311.0bps Net Loss (129,580) (66,289) -48.8 % % of Net Revenues -6.2 % -2.9 % 330.3bps Non-GAAP Adjusted Net Loss[5] (129,498) (34,857) -73.1 % % of Net Revenues -6.2 % -1.5 % 469.6bps Mr.
SHANGHAI , Aug. 8, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the second quarter of 2024, on Thursday, August 22, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Thursday, August 22, 2024 at 8:00 A.M.
SHANGHAI , June 13, 2024 /PRNewswire/ -- ZKH Group Limited (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American Depositary Shares over the next 12 months, ending on June 13, 2025. The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and will be implemented in accordance with applicable rules and regulations.
ZKH Group raised $62 million in one of the biggest IPOs by a Chinese company in New York this year, though its shares priced weakly and ended flat on their first trading day. The company is valued ahead of many of its global peers, which could pressure its shares as its growth shows signs of slowing sharply. At the end of the day, we can't get too excited about this company despite its position as a potential consolidator in China's huge MRO procurement services market.
What type of business is ZKH Group Limited?
ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services. It also engages in the production and sale of intelligent warehousing equipment. ZKH Group Limited was founded in 1998 and is based in Shanghai, the People's Republic of China.
What sector is ZKH Group Limited in?
ZKH Group Limited is in the Consumer Cyclical sector
What industry is ZKH Group Limited in?
ZKH Group Limited is in the Internet Retail industry
What country is ZKH Group Limited from?
ZKH Group Limited is headquartered in China
When did ZKH Group Limited go public?
ZKH Group Limited initial public offering (IPO) was on 15 December 2023
What is ZKH Group Limited website?
https://www.zkh.com
Is ZKH Group Limited in the S&P 500?
No, ZKH Group Limited is not included in the S&P 500 index
Is ZKH Group Limited in the NASDAQ 100?
No, ZKH Group Limited is not included in the NASDAQ 100 index
Is ZKH Group Limited in the Dow Jones?
No, ZKH Group Limited is not included in the Dow Jones index
When was ZKH Group Limited the previous earnings report?
No data
When does ZKH Group Limited earnings report?
The next expected earnings date for ZKH Group Limited is 29 November 2024