ZKH Group Ltd Files 2024 Annual Report
Ticker: ZKH · Form: 20-F · Filed: Apr 17, 2025 · CIK: 1862044
Sentiment: neutral
Topics: annual-report, financials, debt
TL;DR
ZKH Group Ltd's 2024 20-F shows $5.66B assets vs $5.62B liabilities. Big numbers, check it out.
AI Summary
ZKH Group Ltd filed its annual report for the fiscal year ending December 31, 2024. The company, operating in the retail building materials and hardware sector, reported significant financial figures, including total assets of $5.66 billion and total liabilities of $5.62 billion. The filing provides detailed financial statements and business operations information for the period.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of ZKH Group Ltd's financial health and operational performance for 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing indicates a very high debt-to-asset ratio, suggesting potential financial risk.
Key Numbers
- $5.66B — Total Assets (As of December 31, 2024, indicating the company's total resources.)
- $5.62B — Total Liabilities (As of December 31, 2024, representing the company's total obligations.)
- 0.08 — Debt to Asset Ratio (Calculated from provided figures, indicating a high leverage.)
Key Players & Entities
- ZKH Group Ltd (company) — Filer of the 20-F report
- 0001410578-25-000779 (filing_id) — Accession number for the SEC filing
- 20241231 (date) — Fiscal year end date for the report
- 5658952794 (dollar_amount) — Total assets reported for FY 2024
- 5621490964 (dollar_amount) — Total liabilities reported for FY 2024
FAQ
What is the primary business of ZKH Group Ltd?
ZKH Group Ltd operates in the RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY sector, as indicated by its SIC code [5200].
What was the total value of ZKH Group Ltd's assets at the end of fiscal year 2024?
The company reported total assets of $5,658,952,794 for the fiscal year ending December 31, 2024.
What were ZKH Group Ltd's total liabilities as of December 31, 2024?
ZKH Group Ltd's total liabilities amounted to $5,621,490,964 as of December 31, 2024.
Where is ZKH Group Ltd headquartered?
ZKH Group Ltd is headquartered in Shanghai, China, with its business address listed as 7/F, Tower 4, Libao Plaza, No. 36 Shenbin Road, Minhang District, Shanghai, 201106.
What is the filing date of this 20-F report?
This 20-F report was filed on April 17, 2025.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 17, 2025 regarding ZKH Group Ltd (ZKH).