ZKH (ZKH Group) Total Liabilities: $487 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZKH ZKH Group Ltd ZKH
36 GF Score
Price $2.89
! 1 Warning Sign
View Full Analysis

What is ZKH Group Total Liabilities?

ZKH Group ZKH -0.34% 36 Total Liabilities is $487 Mil as of Mar. 2026. GuruFocus rates ZKH with a GF Score™ of 36/100. The stock has 1 warning sign investors should review.

ZKH Group's Total Liabilities for the quarter that ended in Mar. 2026 was $487 Mil.

ZKH Group's quarterly Total Liabilities increased from Sep. 2025 ($481.41 Mil) to Dec. 2025 ($509.50 Mil) but then declined from Dec. 2025 ($509.50 Mil) to Mar. 2026 ($486.90 Mil).

ZKH Group's annual Total Liabilities declined from Dec. 2023 ($584.75 Mil) to Dec. 2024 ($482.47 Mil) but then increased from Dec. 2024 ($482.47 Mil) to Dec. 2025 ($509.50 Mil).

ZKH Group Total Liabilities Historical Data

* Premium members only.

The historical data trend for ZKH Group's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ZKH Group Total Liabilities Chart

ZKH Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial 1,366.91 1,560.63 584.75 482.47 509.50

ZKH Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 425.53 454.78 481.41 509.50 486.90
ZKH
36GF Score
ZKH Group Ltd ZKH
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZKH Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

ZKH Group's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=486.397+(19.103+4.001
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=510

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=927.114-417.613
=510

ZKH Group's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=463.555+(18.267+5.074
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=487

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=908.5-421.604
=487

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $487 Mil mean?
ZKH Group (ZKH) has a Total Liabilities of $487 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for ZKH Group and its competitors.
Is ZKH Group's Total Liabilities too high?
ZKH Group's current Total Liabilities is $487 Mil. Overall, ZKH Group has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does ZKH Group's Total Liabilities compare to NEGG and LOGC?
ZKH Group's Total Liabilities of $487 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Retail - Cyclical company?
A good Total Liabilities depends on the Retail - Cyclical industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for ZKH Group and its competitors. ZKH Group's current Total Liabilities is $487 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZKH Group stock overvalued right now?
ZKH Group (ZKH) has a current Total Liabilities of $487 Mil. The current Total Liabilities is $487 Mil. ZKH Group's overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For ZKH Group (ZKH), the current Total Liabilities is $487 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ZKH Group Business Description

Address No. 36 Shenbin Road, 7th Floor, Tower 4, Libao Plaza, Minhang District, Shanghai, CHN, 201106
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. Majority of the revenues are derived from the PRC.
36GF Score

Get the complete analysis for ZKH

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.89
Price