Zhihu Inc. ZH

Latest FY: 2025 Communication Services Internet Content & Information
Market Price $2.56
Market Cap $614.51M
P/E Ratio N/A
Quick Peer Compare (Communication Services):
Revenue (FY 2025) ↓-20.3% YoY
$393.10M
3-Yr CAGR: -9.1%
Net Income ↓-17.2% YoY
-$27.58M
Net Margin: -7.0%
Free Cash Flow ↓-34.6% YoY
-$52.18M
FCF Yield: -8.49%
EPS (Diluted) ↓-22.2% YoY
$-0.11
Basic: $-0.11
Return on Equity Efficiency
-5.1%
ROA: -0.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (ZH)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2018
FY 2019 $28.7M $312.3M $-1,004.2M $-22.99 $-715.5M $-720.0M
FY 2020 $1,352.2M +4,616.6% $757.8M $-1,198.3M -19.3% $-18.36 +20.1% $-244.4M $-246.4M +65.8%
FY 2021 $464.4M -65.7% $243.8M $-230.6M +80.8% $-0.96 +94.8% 0.00% $-69.1M $-70.3M +71.5%
FY 2022 $522.7M +12.6% $262.1M $-229.2M +0.6% $-0.75 +21.9% 0.00% $-161.7M $-161.8M -130.3%
FY 2023 $591.4M +13.2% $323.4M $-118.8M +48.2% $-0.40 +46.7% 0.00% $-58.5M $-59.7M +63.1%
FY 2024 $493.0M -16.6% $298.8M $-23.5M +80.2% $-0.09 +77.5% 0.00% $-38.4M $-38.8M +35.1%
FY 2025 $393.1M -20.3% $235.6M $-27.6M -17.2% $-0.11 -22.2% 0.00% $-52.0M $-52.2M -34.6%
$

Valuation

Market Price $2.56
Market Cap $614.51M
Enterprise Value -$2.70B
P/E Ratio N/A
P/B Ratio 1.13
FCF Yield -8.49%
Dividend Yield 0.00%
Shares Outstanding 240,043,649
%

Profitability & Margins

Gross Margin 59.94%
Operating Margin -18.45%
Net Margin -7.02%
Return on Equity (ROE) -5.07%
Return on Assets (ROA) -0.53%
Asset Turnover 0.08x
Revenue 3-Yr CAGR -9.06%
🛡️

Financial Health & Liquidity

Current Ratio 3.73
Cash Ratio 18.57
Debt / Equity 0.097
Debt / Assets 0.010
Cash & Equivalents $3.37B
Total Debt $52.57M
Book Value / Share $2.27
💧

Cash Flow Efficiency

Operating Cash Flow -$51.99M
Capital Expenditures (CapEx) $189.00K
Free Cash Flow -$52.18M
OCF / Revenue -13.23%
FCF / Revenue -13.27%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $-0.11
EPS (Basic) $-0.11
Dividends / Share N/A
Book Value / Share $2.27
EPS YoY Growth -22.22%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.19B
Total Liabilities $4.65B
Stockholders' Equity $543.98M
Current Assets $676.67M
Current Liabilities $181.38M