| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| ZHZhihu Inc. | 314.73M | 3.73 | -1.97 | -13.06% | 3.46% | 2.49% | 0.00 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Sales/Revenue | 668.7M | 1.28B | 2.92B | 3.67B | 4.2B | 3.65B |
| Revenue Growth % | - | 0.91% | 1.28% | 0.26% | 0.14% | -0.13% |
| Cost of Goods Sold | 357.27M | 561.95M | 1.39B | 1.83B | 1.9B | 1.44B |
| COGS % of Revenue | 0.53% | 0.44% | 0.47% | 0.5% | 0.45% | 0.39% |
| Gross Profit | 311.43M | 716.43M | 1.53B | 1.84B | 2.3B | 2.21B |
| Gross Margin % | 0.47% | 0.56% | 0.53% | 0.5% | 0.55% | 0.61% |
| Gross Profit Growth % | - | 1.3% | 1.14% | 0.2% | 0.25% | -0.04% |
| Operating Expenses | 1.37B | 1.29B | 2.91B | 3.47B | 3.37B | 2.7B |
| OpEx % of Revenue | 2.04% | 1.01% | 1% | 0.95% | 0.8% | 0.74% |
| Selling, General & Admin | 1.02B | 974.64M | 2.29B | 2.69B | 2.47B | 1.96B |
| SG&A % of Revenue | 1.52% | 0.76% | 0.79% | 0.73% | 0.59% | 0.54% |
| Research & Development | 350.06M | 311.76M | 611.56M | 776.77M | 901.33M | 742.93M |
| R&D % of Revenue | 0.52% | 0.24% | 0.21% | 0.21% | 0.21% | 0.2% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.06B | -569.97M | -1.37B | -1.63B | -1.07B | -487.9M |
| Operating Margin % | -1.58% | -0.45% | -0.47% | -0.44% | -0.26% | -0.13% |
| Operating Income Growth % | - | 0.46% | -1.41% | -0.19% | 0.34% | 0.54% |
| EBITDA | -1.04B | -551.44M | -1.35B | -1.61B | -1.05B | -465.64M |
| EBITDA Margin % | -1.55% | -0.43% | -0.46% | -0.44% | -0.25% | -0.13% |
| EBITDA Growth % | - | 0.47% | -1.45% | -0.19% | 0.35% | 0.56% |
| D&A (Non-Cash Add-back) | 20.15M | 18.53M | 21.17M | 25.65M | 24.89M | 22.26M |
| EBIT | -1B | -488.28M | -1.28B | -1.59B | -827.58M | -180.89M |
| Net Interest Income | 28.67M | 24.75M | 31.3M | 68.1M | 158.67M | 114.96M |
| Interest Income | 28.67M | 24.75M | 31.3M | 68.1M | 158.67M | 114.96M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 54.15M | 81.69M | 96.01M | 40.23M | 244.5M | 307.01M |
| Pretax Income | -1B | -488.28M | -1.28B | -1.59B | -827.58M | -180.89M |
| Pretax Margin % | -1.5% | -0.38% | -0.44% | -0.43% | -0.2% | -0.05% |
| Income Tax | 39.89K | 1.02M | 5.37M | 14.43M | 11.83M | -9.52M |
| Effective Tax Rate % | 1% | 1% | 1% | 1.01% | 1.02% | 0.96% |
| Net Income | -1B | -489.3M | -1.28B | -1.61B | -843.53M | -174.24M |
| Net Margin % | -1.5% | -0.38% | -0.44% | -0.44% | -0.2% | -0.05% |
| Net Income Growth % | - | 0.51% | -1.62% | -0.25% | 0.48% | 0.79% |
| Net Income (Continuing) | -1B | -489.3M | -1.28B | -1.61B | -839.41M | -171.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 7.5M | 40.57M | 101.8M | 59.56M |
| EPS (Diluted) | -10.12 | -12.85 | -18.35 | -15.68 | -8.47 | -1.89 |
| EPS Growth % | - | -0.27% | -0.43% | 0.15% | 0.46% | 0.78% |
| EPS (Basic) | -10.12 | -12.85 | -18.35 | -15.68 | -8.47 | -1.89 |
| Diluted Shares Outstanding | 99.06M | 92.14M | 79.18M | 100.5M | 99.61M | 91.42M |
| Basic Shares Outstanding | 99.06M | 92.14M | 79.18M | 100.5M | 99.61M | 91.42M |
| Dividend Payout Ratio | - | - | - | - | - | - |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 3.9B | 3.72B | 8.33B | 7.32B | 6.38B | 5.48B |
| Cash & Short-Term Investments | 3.54B | 3.1B | 7.21B | 6.26B | 5.46B | 4.86B |
| Cash Only | 900.35M | 957.82M | 2.16B | 4.53B | 2.11B | 4B |
| Short-Term Investments | 2.64B | 2.14B | 5.06B | 1.74B | 3.36B | 858.9M |
| Accounts Receivable | 251.87M | 499.89M | 988.96M | 859.05M | 682.93M | 496.17M |
| Days Sales Outstanding | 137.48 | 142.73 | 123.58 | 85.48 | 59.37 | 49.62 |
| Inventory | 27.15M | 0 | 4.6M | 10.35M | 22.19M | 0 |
| Days Inventory Outstanding | 27.74 | - | 1.21 | 2.07 | 4.26 | - |
| Other Current Assets | 62.13M | 51.71M | -1.43M | 92.61M | 117.65M | 6.99M |
| Total Non-Current Assets | 82.35M | 41.27M | 471M | 336.44M | 417.39M | 248.32M |
| Property, Plant & Equipment | 40.56M | 11.35M | 136.38M | 107.41M | 51.06M | 15.64M |
| Fixed Asset Turnover | 16.49x | 112.67x | 21.42x | 34.15x | 82.22x | 233.35x |
| Goodwill | 0 | 0 | 73.66M | 126.34M | 191.08M | 126.34M |
| Intangible Assets | 34.94M | 23.48M | 68.31M | 80.24M | 122.64M | 54.53M |
| Long-Term Investments | 0 | 0 | 178.52M | 0 | 44.62M | 51.18M |
| Other Non-Current Assets | 6.86M | 6.45M | 14.13M | 22.45M | 7.99M | 623K |
| Total Assets | 3.98B | 3.76B | 8.81B | 7.66B | 6.8B | 5.73B |
| Asset Turnover | 0.17x | 0.34x | 0.33x | 0.48x | 0.62x | 0.64x |
| Asset Growth % | - | -0.06% | 1.34% | -0.13% | -0.11% | -0.16% |
| Total Current Liabilities | 763.04M | 1.01B | 1.9B | 1.82B | 1.95B | 1.52B |
| Accounts Payable | 287.04M | 501.85M | 1.03B | 916.11M | 1.04B | 835.69M |
| Days Payables Outstanding | 293.25 | 325.96 | 270.1 | 182.88 | 199.22 | 212.09 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1000K | 1000K | 1000K | 1000K | 0 | 1000K |
| Other Current Liabilities | 23.87M | 303.85M | 134.96M | 140.66M | 432.5M | 47.13M |
| Current Ratio | 5.11x | 3.67x | 4.39x | 4.01x | 3.28x | 3.60x |
| Quick Ratio | 5.08x | 3.67x | 4.39x | 4.01x | 3.27x | 3.60x |
| Cash Conversion Cycle | -128.03 | - | -145.31 | -95.34 | -135.59 | - |
| Total Non-Current Liabilities | 7.21B | 7.89B | 169.3M | 137.13M | 148.17M | 12.61M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 2.89M | 0 | 82.13M | 43.37M | 3.64M | 1.82M |
| Deferred Tax Liabilities | 0 | 0 | 14.03M | 11.63M | 22.57M | 6.83M |
| Other Non-Current Liabilities | 7.21B | 7.89B | 73.14M | 82.13M | 121.96M | 3.96M |
| Total Liabilities | 7.98B | 1.01B | 2.07B | 1.96B | 2.09B | 1.54B |
| Total Debt | 25.64M | 2.89M | 122.66M | 96.56M | 45.73M | 19.13M |
| Net Debt | -874.71M | -954.93M | -2.12B | -4.43B | -2.06B | -3.98B |
| Debt / Equity | - | 0.00x | 0.02x | 0.02x | 0.01x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - |
| Total Equity | -3.99B | 2.75B | 6.75B | 5.69B | 4.7B | 4.2B |
| Equity Growth % | - | 1.69% | 1.46% | -0.16% | -0.17% | -0.11% |
| Book Value per Share | -40.30 | 29.81 | 85.20 | 56.66 | 47.20 | 45.89 |
| Total Shareholders' Equity | -3.99B | 2.75B | 6.74B | 5.65B | 4.6B | 4.14B |
| Common Stock | 46K | 193K | 241K | 249K | 241K | 203K |
| Retained Earnings | -3.94B | -4.95B | -6.28B | -7.86B | -8.71B | -8.88B |
| Treasury Stock | 0 | 0 | 0 | -33.81M | -161.64M | -112.06M |
| Accumulated OCI | -52.6M | -195.93M | -339.12M | -65.81M | -17.87M | 12.82M |
| Minority Interest | 0 | 0 | 7.5M | 40.57M | 101.8M | 59.56M |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | -715.52M | -244.42M | -440.23M | -1.11B | -415.53M | -280.19M |
| Operating CF Margin % | -1.07% | -0.19% | -0.15% | -0.3% | -0.1% | -0.08% |
| Operating CF Growth % | - | 0.66% | -0.8% | -1.53% | 0.63% | 0.33% |
| Net Income | -1B | -517.55M | -1.3B | -1.58B | -839.53M | -168.97M |
| Depreciation & Amortization | 20.24M | 19.61M | 21.45M | 25.21M | 24.89M | 21.95M |
| Stock-Based Compensation | 179.69M | 180.09M | 548.47M | 373.89M | 164.66M | 59.26M |
| Deferred Taxes | 0 | 0 | -1.09M | -2.4M | -3.81M | -3.02M |
| Other Non-Cash Items | 3.35M | 83.49M | -1.58M | 200.58M | 126.47M | -104.93M |
| Working Capital Changes | 85.42M | -10.06M | 291.4M | -133.83M | 111.79M | -84.48M |
| Change in Receivables | -62.63M | -257.07M | -374.68M | -132.84M | 64.41M | 208.24M |
| Change in Inventory | 54.38M | 37.26M | 29.23M | 0 | 0 | 0 |
| Change in Payables | 38.64M | 214.81M | 524.25M | -15.87M | 220.24M | -183.37M |
| Cash from Investing | -2.1B | 430.11M | -3.14B | 3.49B | -1.68B | 2.56B |
| Capital Expenditures | -5.75M | -1.95M | -7.44M | -714K | -8.49M | -2.73M |
| CapEx % of Revenue | 0.01% | 0% | 0% | 0% | 0% | 0% |
| Acquisitions | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - |
| Other Investing | -1.04M | 9K | 0 | 123K | -381K | 27K |
| Cash from Financing | 3B | 9.29M | 4.88B | -108.35M | -365.06M | -403.86M |
| Debt Issued (Net) | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - |
| Other Financing | -13.5M | 9.29M | 22.95M | 19.61M | 4.51M | -3.15M |
| Net Change in Cash | - | - | - | - | - | - |
| Free Cash Flow | -721.27M | -246.37M | -447.67M | -1.12B | -424.4M | -282.92M |
| FCF Margin % | -1.08% | -0.19% | -0.15% | -0.3% | -0.1% | -0.08% |
| FCF Growth % | - | 0.66% | -0.82% | -1.49% | 0.62% | 0.33% |
| FCF per Share | -7.28 | -2.67 | -5.65 | -11.10 | -4.26 | -3.09 |
| FCF Conversion (FCF/Net Income) | 0.71x | 0.50x | 0.34x | 0.69x | 0.49x | 1.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 3.5M | 16.92M | 11.14M | 1.78M |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -17.81% | -27.01% | -25.87% | -16.23% | -3.92% |
| Return on Invested Capital (ROIC) | - | -23.86% | -31.66% | -40.96% | -41.17% | -25.62% |
| Gross Margin | 46.57% | 56.04% | 52.51% | 50.16% | 54.68% | 60.6% |
| Net Margin | -149.77% | -38.27% | -43.89% | -43.86% | -20.09% | -4.77% |
| Debt / Equity | - | 0.00x | 0.02x | 0.02x | 0.01x | 0.00x |
| FCF Conversion | 0.71x | 0.50x | 0.34x | 0.69x | 0.49x | 1.61x |
| Revenue Growth | - | 91.17% | 128.49% | 25.58% | 14.45% | -13.06% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Membership | - | - | - | 1.76B |
| Membership Growth | - | - | - | - |
| Advertising | - | - | - | 1.25B |
| Advertising Growth | - | - | - | - |
| Service, Other | - | - | - | 121.72M |
| Service, Other Growth | - | - | - | - |
| Paid membership service | 668.51M | 1.23B | 1.83B | - |
| Paid membership service Growth | - | 84.11% | 48.40% | - |
| Marketing services | - | - | 1.65B | - |
| Marketing services Growth | - | - | - | - |
| Other Revenue | 155.94M | 169.37M | 153.75M | - |
| Other Revenue Growth | - | 8.61% | -9.22% | - |
| Content-commerce solutions | 973.99M | 1.03B | - | - |
| Content-commerce solutions Growth | - | 5.77% | - | - |
| Advertising service | 1.16B | 926.3M | - | - |
| Advertising service Growth | - | -20.21% | - | - |
Zhihu Inc. (ZH) reported $2.97B in revenue for fiscal year 2024. This represents a 344% increase from $668.7M in 2019.
Zhihu Inc. (ZH) saw revenue decline by 13.1% over the past year.
Yes, Zhihu Inc. (ZH) is profitable, generating $102.6M in net income for fiscal year 2024 (-4.8% net margin).
Zhihu Inc. (ZH) has a return on equity (ROE) of -3.9%. Negative ROE indicates the company is unprofitable.
Zhihu Inc. (ZH) had negative free cash flow of $282.9M in fiscal year 2024, likely due to heavy capital investments.