Streetbeat News

ZKH

ZKH Group Limited

https://www.zkh.com

Industry

Specialty Retail

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.

Open

3.75

Mkt cap

636M

Volume

13K

High

3.93

P/E Ratio

-10.69

52-wk high

21.91

Low

3.75

Div yield

N/A

52-wk low

2.62

ZKH Group Limited has entered into a strategic partnership with Tmall to enhance cooperation between ZKH's GBB Platform and Tmall's industrial product platform.

Portfolio Pulse from

November 22, 2024 | 10:30 am

ZKH Group Limited reported its Q3 2024 financial results, showing a decrease in GMV by 7.2% compared to the previous year. Despite this, net revenues increased slightly by 0.7%, and gross profit rose by 5.1%. The company also reduced its operating loss by 13.2% and net loss by 16.3%.

Portfolio Pulse from

November 22, 2024 | 10:15 am

ZKH Group Limited will release its Q3 2024 financial results on November 22, 2024, before the U.S. market opens. An earnings call will follow the release.

Portfolio Pulse from

November 08, 2024 | 10:15 am

ZKH Group shares rose following CICC's initiation of coverage with an Outperform rating and a $4 price target.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:46 pm

CICC has initiated coverage on ZKH Group with an Outperform rating and set a price target of $4.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:26 pm

ZKH Group shares are experiencing a decline following the release of disappointing Q2 revenue results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:14 pm

U.S. stocks rose with the Nasdaq Composite gaining 150 points. Intuit reported strong Q4 results and announced a $3 billion share repurchase. Sequans, CAVA, and Workday saw significant stock price increases due to positive earnings, while ZKH, Farmmi, and Red Robin faced declines due to disappointing results.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 4:14 pm

ZKH Group's shares are declining following the release of disappointing Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 3:32 pm

ZKH Group reported a Q2 adjusted EPS of $(0.03) and sales of $309.61 million, missing the analyst consensus estimate of $319.24 million by 3.02%.

Portfolio Pulse from totan@benzinga.com

August 22, 2024 | 10:10 am

Fabrinet and several other companies saw significant stock price increases on Tuesday due to strong earnings reports and positive news. Fabrinet's shares rose 18.2% after reporting better-than-expected earnings and issuing strong guidance. Other notable gainers included Bit Digital, NANO Nuclear Energy, Tempus AI, Amer Sports, Hawaiian Holdings, and Palo Alto Networks.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 2:07 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.