36Kr Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	102.24	36.77	41.46	142.51	96.97
Short-Term Investments	2	58.22	79.8	48.06	124.9
Cash & Short-Term Investments	104.24	94.98	121.27	190.57	221.86
Cash Growth	9.74%	-21.67%	-36.37%	-14.10%	3.53%
Accounts Receivable	61.8	65.62	139.41	197.53	180.16
Other Receivables	0.3	0.1	0.07	0.86	3.63
Receivables	62.1	65.72	139.48	198.39	183.79
Prepaid Expenses	-	10.71	10	9.38	33.75
Restricted Cash	11.9	0.82	-	0.1	-
Other Current Assets	11.63	3.19	1.73	0.99	3.11
Total Current Assets	189.87	175.43	272.47	399.43	442.51
Property, Plant & Equipment	23.51	24.42	41.82	33.34	16.98
Long-Term Investments	82.94	74.86	142.6	137.36	41.44
Other Intangible Assets	1.17	1.49	2.08	1.25	0.81
Total Assets	297.49	276.19	458.97	571.37	501.74
Accounts Payable	48.7	60.62	60.64	53.78	57.59
Accrued Expenses	36.27	42.2	59.04	85.23	81.97
Short-Term Debt	19.95	10	9.95	9.95	5
Current Portion of Leases	8.08	7.86	8.95	31.29	16.3
Current Income Taxes Payable	4.09	-	0.14	0.27	0.08
Current Unearned Revenue	39.9	19.3	23.43	24.58	28.86
Other Current Liabilities	-	6.22	7.96	5.18	4.08
Total Current Liabilities	156.99	146.2	170.11	210.28	193.88
Long-Term Leases	11.43	11.74	26.83	15.09	0.59
Other Long-Term Liabilities	-	-	0.17	0.62	-
Total Liabilities	168.42	157.95	197.11	225.99	194.47
Common Stock	0.69	0.69	0.69	0.69	0.69
Additional Paid-In Capital	2,057	2,057	2,064	2,061	2,049
Retained Earnings	-1,921	-1,932	-1,796	-1,706	-1,728
Treasury Stock	-2.37	-2.87	-11.5	-12.01	-13.6
Comprehensive Income & Other	-5.34	-4.92	-5.29	-5.86	-8.99
Total Common Equity	128.79	118.01	251.98	338.11	299.41
Minority Interest	0.28	0.24	9.88	7.28	7.86
Shareholders' Equity	129.07	118.25	261.86	345.38	307.27
Total Liabilities & Equity	297.49	276.19	458.97	571.37	501.74
Total Debt	39.45	29.6	45.73	56.34	21.89
Net Cash (Debt)	64.79	65.38	75.54	134.24	199.98
Net Cash Growth	-0.91%	-13.45%	-43.73%	-32.87%	7.09%
Net Cash Per Share	30.56	31.01	36.21	64.88	97.54
Filing Date Shares Outstanding	2.12	1.97	1.99	1.95	2.03
Total Common Shares Outstanding	2.12	2.01	1.99	1.98	1.98
Working Capital	32.88	29.23	102.36	189.15	248.62
Book Value Per Share	60.75	58.84	126.93	170.43	151.25
Tangible Book Value	127.62	116.53	249.9	336.86	298.6
Tangible Book Value Per Share	60.19	58.10	125.88	169.80	150.84
Machinery	-	11.13	10.94	8.26	20.26
Leasehold Improvements	-	7.69	8.78	5.03	4.97

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q