Zhihu Inc. (HKG:2390)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
8.74
-0.17 (-1.91%)
Oct 23, 2026, 2:31 PM HKT

Zhihu Ratios and Metrics

Millions HKD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
2,0162,1492,3234,3826,31524,257
Market Cap Growth
-27.28%-7.49%-46.99%-30.61%-73.97%-
Enterprise Value
-2,721-2,391-3,070-1,523-79616,175
Last Close Price
8.738.559.6814.4620.90-

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
0.660.700.610.951.556.68
PB Ratio
0.470.500.520.850.982.93
P/TBV Ratio
0.480.510.550.931.023.00

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
-----4.45

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.030.020.010.010.020.02
Net Debt / Equity Ratio
-1.12-1.08-1.15-1.15-1.08-1.05
Net Debt / EBITDA Ratio
11.5611.5210.545.173.915.18
Net Debt / FCF Ratio
13.1111.4217.1012.785.5315.84
Asset Turnover
0.490.500.570.580.440.47
Inventory Turnover
42.0738.5753.37116.99240.38-
Quick Ratio
3.663.663.513.183.924.31
Current Ratio
3.733.733.603.284.014.39
Return on Equity (ROE)
-7.64%-4.84%-3.80%-16.15%-25.39%-30.99%
Return on Assets (ROA)
-4.35%-4.36%-4.80%-9.27%-12.18%-13.83%
Return on Capital Employed (ROCE)
-10.00%-9.70%-11.40%-22.10%-27.50%-20.10%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
-17.01%-9.99%-7.87%-21.21%-28.31%-7.44%
FCF Yield
-18.24%-18.90%-12.96%-10.66%-19.97%-2.27%
Buyback Yield / Dilution
8.95%12.25%8.55%1.87%-26.92%-267.91%