8 years of historical data (2017–2024) · Communication Services · Internet Content & Information
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
36Kr Holdings Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.2B | $5M | $19M | $34M | $35M | $91M | $241M | — | — |
| Enterprise Value | $3.2B | $-1906028 | $23M | $-51687459 | $-40470700 | $58M | $63M | — | — |
| P/E Ratio → | -0.30 | — | — | 1.56 | — | — | — | — | — |
| P/S Ratio | 94.78 | 0.02 | 0.05 | 0.11 | 0.11 | 0.24 | 0.37 | — | — |
| P/B Ratio | 0.34 | 0.04 | 0.07 | 0.10 | 0.11 | 0.23 | 0.37 | — | — |
| P/FCF | — | — | — | — | 0.18 | — | — | — | — |
| P/OCF | — | — | — | — | 0.18 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.01 | 0.07 | -0.16 | -0.13 | 0.15 | 0.10 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | -0.21 | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
36Kr Holdings Inc. earns an operating margin of -33.7%. Operating margins have compressed from -13.8% to -33.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -71.9% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.6% | 48.6% | 53.5% | 57.3% | 59.3% | 32.4% | 42.0% | 53.1% | 49.6% |
| Operating Margin | -33.7% | -33.7% | -27.7% | -13.8% | -29.7% | -66.7% | -3.5% | 15.2% | 9.1% |
| Net Profit Margin | -59.1% | -59.1% | -26.5% | 6.8% | -28.3% | -72.2% | -4.0% | 13.2% | 6.6% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -71.9% | -71.9% | -29.6% | 6.7% | -25.7% | -54.1% | -31.2% | — | — |
| ROA | -37.2% | -37.2% | -17.5% | 4.1% | -16.6% | -37.5% | -3.9% | 12.4% | 3.6% |
| ROIC | -30.9% | -30.9% | -26.9% | -13.6% | -24.0% | -47.1% | -3.7% | — | — |
| ROCE | -37.1% | -37.1% | -29.0% | -13.3% | -26.5% | -49.3% | -4.7% | 18.0% | 6.2% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $37M exceeds total debt of $30M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.17 | 0.16 | 0.07 | 0.07 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.06 | 0.02 | -0.25 | -0.24 | -0.09 | -0.28 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | -1.04 | -3.97 |
| Debt / FCF | — | — | — | — | -0.39 | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | 470.02 | 59.54 |
Net cash position: cash ($37M) exceeds total debt ($30M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.20x means 36Kr Holdings Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.90x to 1.20x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.20 | 1.20 | 1.60 | 1.90 | 2.28 | 2.99 | 3.18 | 4.72 | 4.87 |
| Quick Ratio | 1.20 | 1.20 | 1.60 | 1.90 | 2.08 | 2.99 | 3.03 | 4.59 | 4.76 |
| Cash Ratio | 0.63 | 0.63 | 0.69 | 0.88 | 1.11 | 1.18 | 0.99 | 2.30 | 3.30 |
| Asset Turnover | — | 0.84 | 0.74 | 0.56 | 0.63 | 0.67 | 0.72 | 0.72 | 0.54 |
| Inventory Turnover | 1378.48 | — | — | 1378.48 | 3.26 | — | 9.34 | 13.60 | 12.69 |
| Days Sales Outstanding | — | 103.81 | 149.65 | 224.53 | 211.77 | 287.78 | 302.39 | 235.88 | 196.68 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
36Kr Holdings Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 64.2% | — | — | — | — | — |
| FCF Yield | — | — | — | — | 557.1% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 16.7% | 36.7% | 1.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 16.7% | 36.7% | 1.0% | — | — |
| Shares Outstanding | — | $2M | $2M | $2M | $2M | $2M | $2M | $1M | $464942 |
Compare KRKR with 9 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| KRKRYou | $3B | -0.3 | — | — | 48.6% | -33.7% | -71.9% | -30.9% | — |
| SPOT | $106B | 43.3 | 39.3 | 32.3 | 32.0% | 12.8% | 30.7% | 38.9% | 1.1 |
| TME | $10B | 23.6 | 6.6 | 7.7 | 42.3% | 30.7% | 10.5% | 11.6% | 0.6 |
| FENG | $552M | -2.7 | — | — | 38.2% | -9.2% | -4.7% | -7.7% | — |
| NAMI | $508M | 4.1 | 60.0 | — | 28.8% | 6.7% | 94.8% | — | 0.1 |
| AREN | $137M | -1.0 | 14.6 | — | 44.3% | 6.2% | — | 22.6% | 7.0 |
| PODC | $50M | -10.0 | — | — | 9.1% | -12.3% | -41.0% | -33.3% | — |
| ZDGE | $42M | -19.4 | 63.1 | 12.5 | 89.8% | -2.6% | -8.4% | -6.3% | 0.5 |
| ONFO | $3M | -1.2 | — | — | 57.8% | -31.9% | -40.7% | -38.2% | — |
| BZFD | $1M | -0.8 | — | — | 44.7% | -12.4% | -9.3% | -8.3% | — |
| Communication Services Median | — | 15.1 | 7.5 | 10.5 | 51.2% | -0.7% | 2.4% | 1.7% | 3.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 8 years · Updated daily
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Start Comparison36Kr Holdings Inc.'s current P/E ratio is -0.3x. The historical average is 1.6x.
36Kr Holdings Inc.'s return on equity (ROE) is -71.9%. The historical average is -34.3%.
Based on historical data, 36Kr Holdings Inc. is trading at a P/E of -0.3x. Compare with industry peers and growth rates for a complete picture.
36Kr Holdings Inc. has 48.6% gross margin and -33.7% operating margin.