DIDIY vs ZH
DiDi Global Inc. and Zhihu Inc., side by side — 5 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | DIDIY | ZH |
|---|---|---|
| Revenue | CNY 192.4B | CNY 2.7B |
| Net income | CNY 493.5M | CNY -195.2M |
| Gross margin | 15.3% | 59.9% |
| Net margin | 0.3% | −7.1% |
| Return on equity | 0.5% | −4.9% |
| Diluted EPS | CNY 0.41 | −CNY 0.80 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY 5.3B | CNY -364.9M |
| Equity | CNY 97.8B | CNY 3.8B |
| Net debt / equity | −0.27× | −0.88× |
| Current ratio | 2.29× | 3.73× |
| Revenue CAGR 5y | · | 15.2% |
| Profit CAGR 5y | · | · |
DIDIY bills 70.0× the revenue of ZH, and ZH closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | DIDIY | ZH |
|---|---|---|
| FY2023 | CNY 192.4B | CNY 4.2B |
| FY2022 | CNY 140.8B | CNY 3.6B |
| FY2021 | CNY 173.8B | CNY 3.0B |
| FY2020 | CNY 141.7B | CNY 1.4B |
| FY2019 | CNY 154.8B | CNY 670.5M |
Bottom line
| Fiscal year | DIDIY | ZH |
|---|---|---|
| FY2023 | CNY 493.5M | CNY -839.5M |
| FY2022 | CNY -23.8B | CNY -1.6B |
| FY2021 | CNY -49.3B | CNY -1.3B |
| FY2020 | CNY -10.5B | CNY -517.5M |
| FY2019 | CNY -9.7B | CNY -1.0B |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2023 | +CNY 188,181,029,000 | DIDIY |
| FY2022 | +CNY 137,186,764,000 | DIDIY |
| FY2021 | +CNY 170,868,058,000 | DIDIY |
| FY2020 | +CNY 140,383,956,000 | DIDIY |
| FY2019 | +CNY 154,115,617,000 | DIDIY |
DIDIY has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2023 | +20.3 pp | DIDIY |
| FY2022 | +26.9 pp | DIDIY |
| FY2021 | +15.5 pp | DIDIY |
| FY2020 | +30.8 pp | DIDIY |
| FY2019 | +143.5 pp | DIDIY |
DIDIY has kept the higher net margin in every one of these 5 fiscal years.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ZH's net margin has been more volatile than DIDIY's over the 5 comparable fiscal years — 46.2 percentage points of standard deviation against 10.0.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
Year by year
DIDIY led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.