ZKH Group Limited (ZKH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | 0 | 0 | 0 | 0 | 0 | 0 | -59.25M | 0 | 0 | 31.84M | 96.68M | -47.22M | -49.89M | -14.73M | -70.67M | -63.59M | 34.94M |
| Operating CF Margin % | - | - | - | - | - | - | -2.42% | - | - | 1.41% | 4.14% | -17% | -17% | -4.15% | -20.83% | -25.94% | 14.05% |
| Operating CF Growth % | - | - | 100% | - | - | - | -286.13% | -100% | 100% | 316.08% | 236.8% | - | 21.54% | -142.17% | - | - | - |
| Net Income | -53.51M | -66.72M | -29.1M | -81.75M | -66.29M | -90.9M | 20.23M | -97.1M | -97.95M | -83.53M | -205.4M | -33.1M | -34.98M | -69.6M | -44.78M | -29.86M | -12.84M |
| Depreciation & Amortization | 0 | 12.14M | 0 | 0 | 0 | 0 | 16.55M | 0 | 0 | 19.04M | 19.25M | 2.82M | 2.98M | 2.84M | 1.96M | 1.71M | 1.8M |
| Stock-Based Compensation | 16.98M | 16.55M | 14.07M | 15.57M | 31.43M | 47.44M | 7.31M | -988K | 10.99M | -1.11M | 33.35M | -25.45K | -26.89K | 22.19M | 1.52M | 2.48M | 4.12M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 36.53M | 38.03M | 15.03M | 66.18M | 34.86M | 43.46M | -1.69M | 98.09M | 86.96M | 9.03M | 516.55M | -20.11M | -21.25M | 20.59M | 45.94M | 44.54M | 88.3M |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | -101.66M | 0 | 0 | 88.41M | -267.07M | 3.21M | 3.39M | 9.25M | -75.31M | -82.45M | -46.45M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | -167.63M | 0 | 0 | 104.51M | -266.31M | -6.82M | -7.21M | 11.25M | -84.6M | -49.84M | -39.56M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 16.77M | 0 | 0 | -12.54M | 74.75M | 1.76M | 1.86M | -6.24M | -9.55M | -17.4M | 1.91M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | -270.43M | 0 | 0 | -3.57M | -8.47M | -1.87M | -1.97M | -7.42M | 73.1M | -39.58M | -5.46M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | -23.17M | 0 | 0 | -12.83M | -6.69M | -1.31M | -1.38M | -4.93M | -9.14M | -4.19M | -1.22M |
| CapEx % of Revenue | - | - | - | - | - | - | 0.95% | - | - | 0.57% | 0.29% | 0.47% | 0.47% | 1.39% | 2.69% | 1.71% | 0.49% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -781.3K | -1.23M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 1.6M | 0 | 0 | 9.27M | -1.78M | -558.12K | -589.77K | -2.49M | 82.24M | -34.6M | -3.01M |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 554.55M | 0 | 0 | -234.39M | -15.7M | 115.88M | 122.45M | 57.37M | 84.28M | 2.52M | 280.46M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 151M | 0 | 0 | -218.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 403.55M | 0 | 0 | -15.68M | -15.7M | 115.88M | 122.45M | 57.37M | 84.28M | 2.52M | 280.46M |
| Net Change in Cash | -6.27M | -255.16M | -11.54M | 18.52M | 29.03M | -32.55M | 203.34M | 143.35M | -1.98B | -243.74M | 1.95B | 73.1M | 77.25M | -89.44M | 103.06M | -101.09M | 309.11M |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | -83.31M | 0 | 0 | 16.75M | 89.98M | -48.52M | -51.28M | -19.66M | -79.81M | -67.78M | 33.72M |
| FCF Margin % | - | - | - | - | - | - | -3.41% | - | - | 0.74% | 3.86% | -17.47% | -17.47% | -5.54% | -23.52% | -27.65% | 13.55% |
| FCF Growth % | - | - | 100% | - | - | - | -597.22% | -100% | 100% | 185.22% | 212.75% | - | 24.35% | -158.31% | - | - | - |
| FCF per Share | - | - | - | - | - | - | -0.52 | - | - | 0.11 | 0.60 | -0.32 | -0.33 | -0.13 | -0.59 | -0.49 | 0.25 |
| FCF Conversion (FCF/Net Income) | - | - | - | - | - | - | -2.92x | - | - | -0.20x | -0.21x | 1.03x | 1.03x | 0.18x | 1.22x | 1.51x | -1.60x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 6.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |