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MARKETS / NASDAQ / KRKR
NASDAQ · SERVICES-BUSINESS SERVICES, NEC · SMALL CAP

36Kr Holdings Inc. KRKR

9 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 227.9M
▼ 1.4% YoY
CNY 11.4M
CNY 18.9M
In brief

What this company does

36Kr Holdings Inc. provides its users with New Economy-focused content. As of December 31, 2025, its in-house sales team consisted of 127 employees. Its business services include online advertising services, enterprise value-added services and subscription services. Its online advertising services are charged primarily on a cost-per-day basis or a cost-per-advertisement basis. In 2025, it provided online advertising services to 441 customers, compared to 411 customers in 2024. Its enterprise value-added service offerings include integrated marketing services, online/offline events, consulting services and advertisement agent services. It provides subscription services mainly to institutional users.

Written from the business description in 36Kr Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 227.9M
Revenue, FY2025 · full 9-year series below
Revenue CNY M Net income CNY M
FY2025 · Revenue 227.9 · Net income 11.4
250.0M500.0M-100.0M-200.0M201720182019202020212022202320242025
Compound annual growth
−10.9%
−10.0%
−20.4%
−19.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −10.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.4% · Net 5.0%
5%10%15%-20%-40%-60%201720182019202020212022202320242025
ROE
FY2025 · ROE 9.3%
5%-20%-40%-60%201720182019202020212022202320242025

Each CNY of equity produced 9 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow CNY M
FY2025 · FCF 18.9
80M160M-80M-160M201720182019202020212022202320242025

Total assetsCNY 297.5M
EquityCNY 128.8M
CashCNY 102.2M
Current ratio1.21×

Equity funds 43% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue CNY B0.20.20.30.30.30.40.70.30.1
Operating income CNY B0.0−0.1−0.1−0.0−0.1−0.3−0.00.00.0
EBITDA CNY B0.0−0.1−0.1−0.0−0.1−0.3−0.00.00.0
Income tax CNY B0.00.0−0.00.00.00.00.00.00.0
Net income CNY B0.0−0.1−0.10.0−0.1−0.3−0.00.00.0
Free cash flow CNY B0.0−0.0−0.1−0.00.2−0.0−0.2−0.1−0.0
EPS, diluted CNY 0.01−0.13−0.090.02−0.09−0.28−2.31−0.280.01
Dividend / sh CNY ·········
Payout %·········
ROE %9.3−76.1−30.27.1−26.6−54.9−34.2··
Shares out B······0.000.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2017

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