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ZKH Group Limited Sponsored ADR (ZKH)
NYSE:ZKH
Holding ZKH?
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Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 21, 2024
|% Change Since: -6.30%
|Next Earnings Date:Mar 19, 2024
Earnings Call Sentiment|Neutral
The earnings call highlighted positive trends in improving gross margin, reducing net loss, and expanding internationally. However, challenges in GMV growth and increased administrative expenses must be addressed.Company Guidance
During the third quarter of 2024, ZKH reported a GMV of RMB 2.69 billion and revenue of RMB 2.28 billion, with a gross margin increase from 16.3% to 17% and an adjusted net loss margin improvement from 4.4% to 2.9%. The company experienced a 7.2% year-over-year decrease in overall GMV due to business optimization, yet core customer industries showed steady growth. Net product revenues rose by 2% to RMB 2.21 billion, while net service revenues fell by 27.8% to RMB 57.7 million. Operating expenses as a percentage of net revenues slightly decreased to 21.6%, with fulfillment expenses dropping 11.8% to RMB 100.2 million. ZKH's cash position strengthened, generating RMB 160.5 million in net cash from operating activities. The company also continued its share repurchase program, reflecting confidence in its growth prospects.Improved Gross Margin
Gross margin rose from 16.3% to 17% year-over-year in Q3 2024, driven by the improved gross profit margin of product sales and a higher take rate of the marketplace model.
Significant Reduction in Adjusted Net Loss
Adjusted net loss margin improved from 4.4% to 2.9% year-over-year, showcasing progress towards profitability.
Growth in Private Label Products
GMV of private label products reached RMB 490 million, up 24% year-over-year, accounting for 6.3% of the total GMV.
Strategic International Expansion
ZKH plans to launch its U.S. standalone site on December 1, 2024, focusing initially on over 1,000 SKUs.
Increased Customer Engagement
Served over 75,000 customers from January to September 2024, a year-over-year increase of over 30%.
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ZKH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ZKH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 22, 2024 | $3.81 | $3.70 | -2.89% |
| Aug 22, 2024 | $3.80 | $3.80 | 0.00% |
| May 21, 2024 | $11.00 | $10.67 | -3.00% |
| Mar 19, 2024 | $19.25 | $18.15 | -5.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ZKH Group Limited Sponsored ADR (ZKH) report earnings?
ZKH Group Limited Sponsored ADR (ZKH) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is ZKH Group Limited Sponsored ADR (ZKH) earnings time?
ZKH Group Limited Sponsored ADR (ZKH) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZKH EPS forecast?
ZKH EPS forecast for the fiscal quarter 2024 (Q4) is -0.01.
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