Zhihu Inc. (HKG:2390)

Zhihu Statistics

Total Valuation

Zhihu has a market cap or net worth of HKD 2.78 billion. The enterprise value is -1.90 billion.

Market Cap	2.78B
Enterprise Value	-1.90B

Important Dates

The last earnings date was Wednesday, August 20, 2025.

Earnings Date	Aug 20, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	237.05M
Shares Outstanding	n/a
Shares Change (YoY)	-10.54%
Shares Change (QoQ)	+0.51%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	39.13M

Valuation Ratios

The trailing PE ratio is 18.35 and the forward PE ratio is 81.03.

PE Ratio	18.35
Forward PE	81.03
PS Ratio	0.80
PB Ratio	0.60
P/TBV Ratio	0.64
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-12.54
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	32.22

Financial Position

The company has a current ratio of 3.48, with a Debt / Equity ratio of 0.05.

Current Ratio	3.48
Quick Ratio	3.40
Debt / Equity	0.05
Debt / EBITDA	n/a
Debt / FCF	-4.27
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 3.25% and return on invested capital (ROIC) is -3.03%.

Return on Equity (ROE)	3.25%
Return on Assets (ROA)	-2.28%
Return on Invested Capital (ROIC)	-3.03%
Return on Capital Employed (ROCE)	-5.06%
Revenue Per Employee	2.33M
Profits Per Employee	102,025
Employee Count	1,887
Asset Turnover	0.53
Inventory Turnover	49.52

Taxes

In the past 12 months, Zhihu has paid 27.21 million in taxes.

Income Tax	27.21M
Effective Tax Rate	15.08%

Stock Price Statistics

The stock price has increased by +18.37% in the last 52 weeks. The beta is 0.24, so Zhihu's price volatility has been lower than the market average.

Beta (5Y)	0.24
52-Week Price Change	+18.37%
50-Day Moving Average	12.72
200-Day Moving Average	11.39
Relative Strength Index (RSI)	28.44
Average Volume (20 Days)	155,790

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.23

Income Statement

In the last 12 months, Zhihu had revenue of HKD 3.45 billion and earned 151.41 million in profits. Earnings per share was 1.74.

Revenue	3.45B
Gross Profit	2.17B
Operating Income	-236.77M
Pretax Income	180.40M
Net Income	151.41M
EBITDA	-215.74M
EBIT	-236.77M
Earnings Per Share (EPS)	1.74

Balance Sheet

The company has 5.05 billion in cash and 251.57 million in debt, giving a net cash position of 4.80 billion.

Cash & Cash Equivalents	5.05B
Total Debt	251.57M
Net Cash	4.80B
Net Cash Per Share	n/a
Equity (Book Value)	4.61B
Book Value Per Share	55.07
Working Capital	4.00B

Cash Flow

In the last 12 months, operating cash flow was -56.90 million and capital expenditures -2.04 million, giving a free cash flow of -58.95 million.

Operating Cash Flow	-56.90M
Capital Expenditures	-2.04M
Free Cash Flow	-58.95M
FCF Per Share	n/a

Margins

Gross margin is 62.84%, with operating and profit margins of -6.86% and 4.39%.

Gross Margin	62.84%
Operating Margin	-6.86%
Pretax Margin	5.23%
Profit Margin	4.39%
EBITDA Margin	-6.25%
EBIT Margin	-6.86%
FCF Margin	n/a

Dividends & Yields

Zhihu does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	10.54%
Shareholder Yield	10.54%
Earnings Yield	5.45%
FCF Yield	-2.12%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Zhihu has an Altman Z-Score of -0.02 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.02
Piotroski F-Score	3