ZKIN ZK International Group Co., Ltd.

Overview and Growth

ZK International Group Co., Ltd. generated $71.24M of revenue in fiscal 2025, with net loss of $3.99M and an operating cash inflow of $736.40K. Revenue of $71.24M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 34.2% below fiscal 2024 revenue of $108.20M, marking a top-line contraction. The company reported diluted EPS of -$0.70, adding a shareholder-level measure to the absolute income figures considered below. At period end, total assets were $62.87M, framing the scale of the company’s operating and financing commitments. Revenue equaled 1.13x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $4.04M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 5.7%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $4.25M operating loss before non-operating and tax effects. The operating loss equaled 6.0% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $3.99M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 5.6% after all recognized items. Before income taxes, the company recorded a loss of $4.02M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 5.6%. An income-tax benefit of $948.00 improved the final result relative to pretax income or loss. The net loss equaled 16.2% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 6.3%. The net loss widened to $3.99M from $2.78M in fiscal 2024.

Liquidity and Capital Structure

The company held $62.87M of assets against $38.25M of liabilities and $24.61M of equity, revealing how the asset base was financed. Current assets were $45.75M against $31.88M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.44x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $2.31M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 7.2% of current liabilities, showing how much near-term coverage came from cash alone. Relative to total assets, liabilities measured 60.8%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 3.7%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 21.4% lower than fiscal 2024 assets of $79.99M, measuring the company’s own balance-sheet change. Book equity was 13.1% lower than fiscal 2024 equity of $28.32M, showing how shareholder capital changed year over year. The reported cash balance changed 42.5% from $4.01M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $736.40K, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Capital expenditures used $588.55K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 79.9%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $147.85K, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 0.2%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 0.2%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Nov 4, 2026.