ZEEKR Intelligent Technology Holding Limited (ZK)

ZK Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-6,424	-8,347	-7,934	-4,363	103.6
Depreciation & Amortization	944.98	618.19	239.11	89.84	53.09
Other Amortization	-	-	-	-	16.16
Loss (Gain) From Sale of Assets	-14.02	15.3	0.19	-0.03	0.26
Loss (Gain) on Equity Investments	-124.28	-86.84	172.79	16.87	7.98
Stock-Based Compensation	1,077	135.65	211.21	150.57	-
Provision & Write-off of Bad Debts	30.99	-5.81	7.19	-5.45	-1.92
Other Operating Activities	-232.63	53.39	221.76	-34.55	-90.31
Change in Accounts Receivable	-638.18	-947.71	-135.54	-13.19	-14.76
Change in Inventory	1,078	-2,064	-1,951	-1,020	1.16
Change in Accounts Payable	-32.41	291.89	2,139	1,275	-23.04
Change in Income Taxes	-47.23	54.06	49.99	-12.14	-206.57
Change in Other Net Operating Assets	7,581	12,558	3,455	4,546	569.83
Operating Cash Flow	3,199	2,275	-3,524	630.18	415.47
Operating Cash Flow Growth	40.61%	-	-	51.68%	-

Investing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-1,273	-1,569	-838.07	-732.84	-842.72
Sale of Property, Plant & Equipment	155.21	28.43	24.09	0.3	0.06
Cash Acquisitions	-	-	-708.59	-1,466	-
Divestitures	-	-	-	-	1,036
Sale (Purchase) of Intangibles	-430.36	-344.66	-81.43	-22.01	-4.83
Investment in Securities	536	-	-433.02	186.24	-249.43
Other Investing Activities	88.57	-73.78	30.07	2,414	-816.85
Investing Cash Flow	-923.89	-1,959	-2,007	379.53	-877.61

Financing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	30.2	-	147	447.48	683.39
Long-Term Debt Issued	3,414	-	8,772	299.68	1,260
Total Debt Issued	3,445	-	8,919	747.17	1,943
Short-Term Debt Repaid	-0.2	-	-751.36	-584.39	-368.42
Long-Term Debt Repaid	-4,100	-5,376	-4,063	-	-1,482
Total Debt Repaid	-4,100	-5,376	-4,814	-584.39	-1,851
Net Debt Issued (Repaid)	-655.52	-5,376	4,105	162.78	92.17
Issuance of Common Stock	3,544	-	-	2,000	-
Repurchase of Common Stock	-186.75	-	-	-	-
Other Financing Activities	-79.14	-2.13	-1.69	-1,314	-
Financing Cash Flow	2,623	-2.68	5,373	2,785	92.17

Net Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Foreign Exchange Rate Adjustments	-41.55	35.95	14.16	-38.73	13.75
Net Cash Flow	4,857	349.85	-143.06	3,756	-356.22

Free Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	1,926	706.6	-4,362	-102.65	-427.24
Free Cash Flow Growth	172.57%	-	-	-	-
Free Cash Flow Margin	2.54%	1.37%	-13.67%	-1.57%	-13.41%
Free Cash Flow Per Share	8.19	3.53	-21.81	-0.68	-
Levered Free Cash Flow	3,861	2,415	-1,498	3,446	-
Unlevered Free Cash Flow	3,905	2,575	-1,321	3,479	-

Additional Metrics

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	179.57	209.57	60.81	45.77	199.2
Cash Income Tax Paid	494.7	120.08	80.34	56.05	261.35
Change in Working Capital	7,941	9,892	3,558	4,775	326.62

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

Data Sources Report a data error