ZKIN

MKT CAP:$10M

ZK International Group Co., Ltd.

Market Cap

$10M

Basic Materials·Steel·🇨🇳 China·NASDAQ

Materials·Steel·🇨🇳·NASDAQ

Stock Price

$1.61+$0.07 (+4.55%)

Apr 23, 2026

Company Details

ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It o...

CEO

Ruihong Ma

IPO Date

Sep 1, 2017

Website

www.zkinternationalgroup.com

Key Metrics TTM

Revenue

$210M

+0.4% YoY

Net Income

-$65M

EPS (Diluted)

-$14.30

Free Cash Flow

$0

Revenue / Share

$40.16

Gross Margin

3.3%

Operating Margin

-29.9%

Net Margin

-30.7%

FCF Margin

0.0%

P/S

0.0x

P/E

—

Earnings Reports

Q3 2025

May 6, 2026

PENDING

Q2 2025

Mar 30, 2025

$40M-24.4%EPS -$0.15

FY 2024

Jan 27, 2025

$108M-3.0%EPS -$0.57

Q4 2024

Jan 27, 2025

$55M-10.7%EPS -$0.46

Q2 2024

Mar 30, 2024

$53M+6.5%EPS -$0.11

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 18	$27M	$9M	$5M
Q4 18	$28M	$10M	$5M
Q2 19	$32M	$8M	$5M
Q4 19	$32M	$8M	$4M
Q2 20	$40M	$3M	$341.4K
Q4 20	$47M	$736.5K	-$2M
Q2 21	$42M	$5M	-$2M
Q4 21	$57M	$2M	-$2M
Q2 22	$43M	$4M	$244.0K
Q4 22	$60M	$4M	-$4M
Q2 23	$50M	$3M	$141.7K
Q4 23	$62M	-$2M	-$61M
Q2 24	$53M	$3M	$164.2K
Q4 24	$55M	$3M	-$2M
Q2 25	$40M	$2M	-$489.0K

Valuation

Quarter	P/S	P/E
Q2 18	—	—
Q4 18	—	—
Q2 19	—	—
Q4 19	1.2x	9.4x
Q2 20	0.7x	8.2x
Q4 20	1.0x	20.7x
Q2 21	8.4x	473.0x
Q4 21	2.5x	—
Q2 22	1.4x	—
Q4 22	0.9x	—
Q2 23	0.7x	—
Q4 23	0.7x	—
Q2 24	0.1x	—
Q4 24	0.1x	—
Q2 25	0.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 18	$0	$0
Q4 18	$0	$0
Q2 19	$0	$0
Q4 19	$0	$0
Q2 20	$1M	$462.6K
Q4 20	-$457.0K	-$1M
Q2 21	-$4M	-$4M
Q4 21	$869.3K	$711.9K
Q2 22	-$6M	-$6M
Q4 22	$3M	$3M
Q2 23	$0	$0
Q4 23	$0	$0
Q2 24	$0	$0
Q4 24	$0	$0
Q2 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q2 18	$0
Q4 18	$0
Q2 19	$0
Q4 19	$0
Q2 20	$608.4K
Q4 20	$559.9K
Q2 21	$4.9K
Q4 21	$157.4K
Q2 22	$165.8K
Q4 22	$354.6K
Q2 23	$0
Q4 23	$0
Q2 24	$0
Q4 24	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 20	+51.0%	+83.3%
Q4 20	+65.0%	+107.7%
Q2 21	+33.7%	+62.2%
Q4 21	+77.0%	+109.9%
Q2 22	+6.8%	+7.1%
Q4 22	+27.5%	+30.3%
Q2 23	+17.8%	+13.0%
Q4 23	+8.2%	+106.8%
Q2 24	+23.3%	+23.6%
Q4 24	-7.0%	-10.2%
Q2 25	-19.5%	-18.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 18	$0	0.0%
Q4 18	$0	0.0%
Q2 19	$0	0.0%
Q4 19	$0	0.0%
Q2 20	$0	0.0%
Q4 20	$0	0.0%
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$0	0.0%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 18	$722.3K	$1M	$2M
Q4 18	$930.3K	$3M	$1M
Q2 19	$754.3K	$1M	$1M
Q4 19	$697.7K	$1M	$1M
Q2 20	$630.7K	$1M	$961.5K
Q4 20	$492.9K	$1M	$1M
Q2 21	$2M	$1M	$3M
Q4 21	$1M	$5M	$348.6K
Q2 22	$560.2K	$2M	$930.1K
Q4 22	$427.0K	$3M	$1M
Q2 23	$619.5K	$1M	$963.7K
Q4 23	$654.8K	$4M	$1M
Q2 24	$622.8K	$2M	$880.8K
Q4 24	$573.9K	$3M	$759.0K
Q2 25	$396.9K	$1M	$881.7K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 18	$3M	$0	$3M
Q4 18	$8M	$850.8K	$9M
Q2 19	$2M	$752.6K	$3M
Q4 19	$3M	$279.8K	$4M
Q2 20	$1M	$7.2K	$1M
Q4 20	$4M	$294.6K	$4M
Q2 21	$24M	$0	$24M
Q4 21	$14M	$3M	$16M
Q2 22	$5M	$236.6K	$5M
Q4 22	$8M	$915.6K	$8M
Q2 23	$3M	$0	$3M
Q4 23	$5M	$48.1K	$5M
Q2 24	$5M	$48.6K	$5M
Q4 24	$4M	$50.1K	$4M
Q2 25	$2M	$0	$2M
Q4 25	$4M	$0	$4M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 18	2M	—	—
Q4 18	2M	+16.3%	—
Q2 19	2M	+7.9%	—
Q4 19	2M	+0.2%	—
Q2 20	2M	0.0%	+25.7%
Q4 20	2M	0.0%	+8.1%
Q2 21	3M	+16.2%	+16.4%
Q4 21	3M	+16.6%	+35.5%
Q2 22	4M	+28.9%	+74.6%
Q4 22	4M	+1.3%	+77.0%
Q2 23	4M	+4.1%	+58.6%
Q4 23	4M	+3.0%	+40.2%
Q2 24	4M	-0.0%	+8.7%
Q4 24	5M	+11.8%	+19.9%
Q2 25	5M	+4.2%	+20.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 18	$79.4K	335
Q4 18	$75.0K	377
Q2 19	$83.7K	377
Q4 19	$106.8K	303
Q2 20	$132.6K	303
Q4 20	$151.5K	308
Q2 21	$136.9K	308
Q4 21	$211.2K	271
Q2 22	$158.3K	271
Q4 22	$212.5K	280
Q2 23	$177.3K	280
Q4 23	$219.7K	282
Q2 24	$187.5K	282
Q4 24	$196.8K	281
Q2 25	$142.3K	281

Revenue / Employee