NYSE · SERVICES-BUSINESS SERVICES, NEC · MID CAP
Zhihu Inc. ZH
7 fiscal years on record · CNY · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
¥2.7B
▼ 23.6% vs FY2024
EPS · FY25
—
Dividend / sh · FY25
—
Payout · FY25
—
ROE · FY25
-4.9%
Net margin · FY25
-7.1%
Dividend coverage
—
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Result
CNY 2.7B
Revenue, FY2025 · full 7-year series below
Revenue
Net income
The company lost 7 cents on every revenue dollar this year.
Per share
—
Diluted EPS, FY2025
EPS
The company pays no cash dividend.
Profitability
-4.9%
Return on equity, FY2025
ROE
Operating margin-18.5%
Net margin-7.1%
Return on assets-3.6%
Each CNY of equity lost 5 cents this year.
Returned to shareholders
CNY 167.1M
returned in FY2025 · dividends + net buybacks
Dividends paid—
Net buybacksCNY 167.1M
Share of profit-85.6%
Consecutive raises—
CNY 167.1M in buybacks went back to shareholders in a year without profit.
Growth
+15.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−8.6%
+15.2%
Returned to shareholders
+15.5%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
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Balance sheet
CNY 5.2B
total assets, end of FY2025
Total assetsCNY 5.2B
EquityCNY 3.8B
CashCNY 3.4B
Gross debtCNY 35.0M
Net debtCNY -3.3B
Current ratio3.73×
The company holds more cash than debt.
History
7 fiscal years
Every figure from documents filed with the SEC · CNY
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue ¥B
2.7
3.6
4.2
3.6
3.0
1.4
0.7
Operating income ¥B
−0.5
−0.5
−1.1
−1.6
−1.4
−0.6
−1.1
EBITDA ¥B
−0.5
−0.5
−1.0
−1.6
−1.4
−0.6
−1.0
Income tax ¥B
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
Net income ¥B
−0.2
−0.2
−0.8
−1.6
−1.3
−0.5
−1.0
EPS, diluted ¥
·
·
·
·
·
·
·
Dividend / sh ¥
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
ROE %
−4.9
−3.9
−16.4
−25.5
−163.8
·
·
Shares out B
·
·
·
·
·
·
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
26 of 26
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed