36Kr Holdings Inc. Financials
Financial Health Signals
Based on FY2020 annual data. Scores normalized against common benchmarks. How we calculate these scores
36Kr Holdings Inc. has an operating margin of -69.1%, meaning the company retains $-69 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -3.5% the prior year.
36Kr Holdings Inc.'s revenue declined 37.1% year-over-year, from $94.2M to $59.3M. This contraction results in a growth score of 0/100.
36Kr Holdings Inc. carries a low D/E ratio of 0.50, meaning only $0.50 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.99, 36Kr Holdings Inc. holds $2.99 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While 36Kr Holdings Inc. generated -$2.6M in operating cash flow, capex of $335K consumed most of it, leaving -$3.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
36Kr Holdings Inc. passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, 36Kr Holdings Inc. generates $0.06 in operating cash flow (-$2.6M OCF vs -$42.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows 36Kr Holdings Inc. (KRKR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
36Kr Holdings Inc. generated $59.3M in revenue in fiscal year 2020. This represents a decrease of 37.1% from the prior year.
36Kr Holdings Inc.'s EBITDA was -$40.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1398.9% from the prior year.
36Kr Holdings Inc. generated -$3.0M in free cash flow in fiscal year 2020, representing cash available after capex. This represents an increase of 87.4% from the prior year.
36Kr Holdings Inc. reported -$42.8M in net income in fiscal year 2020. This represents a decrease of 1050.5% from the prior year.
36Kr Holdings Inc. earned $-0.04 per diluted share (EPS) in fiscal year 2020. This represents an increase of 87.3% from the prior year.
36Kr Holdings Inc. held $9.3M in cash against $0 in long-term debt as of fiscal year 2020.
36Kr Holdings Inc.'s gross margin was 32.4% in fiscal year 2020, indicating the percentage of revenue retained after direct costs. This is down 9.6 percentage points from the prior year.
36Kr Holdings Inc.'s operating margin was -69.1% in fiscal year 2020, reflecting core business profitability. This is down 65.6 percentage points from the prior year.
36Kr Holdings Inc.'s net profit margin was -72.2% in fiscal year 2020, showing the share of revenue converted to profit. This is down 68.3 percentage points from the prior year.
36Kr Holdings Inc. invested $5.9M in research and development in fiscal year 2020. This represents an increase of 13.9% from the prior year.
36Kr Holdings Inc. spent $1.8M on share buybacks in fiscal year 2020, returning capital to shareholders by reducing shares outstanding. This represents an increase of 437.3% from the prior year.
36Kr Holdings Inc. invested $335K in capex in fiscal year 2020, funding long-term assets and infrastructure. This represents a decrease of 49.7% from the prior year.
KRKR Income Statement
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
KRKR Balance Sheet
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Total Assets | $88.7M-32.2% | $130.8M |
| Current Assets | $81.3M-33.4% | $122.0M |
| Cash & Equivalents | $9.3M-63.4% | $25.5M |
| Inventory | N/A | N/A |
| Accounts Receivable | $46.7M-39.6% | $77.4M |
| Goodwill | N/A | N/A |
| Total Liabilities | $29.1M-24.2% | $38.3M |
| Current Liabilities | $27.1M-29.2% | $38.3M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $58.4M-36.2% | $91.5M |
| Retained Earnings | -$251.1M-28.7% | -$195.1M |
KRKR Cash Flow Statement
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
KRKR Financial Ratios
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 2.99-0.2 | 3.18 |
| Debt-to-Equity | 0.50+0.1 | 0.42 |
| FCF Margin | N/A | N/A |
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Frequently Asked Questions
What is 36Kr Holdings Inc.'s annual revenue?
36Kr Holdings Inc. (KRKR) reported $59.3M in total revenue for fiscal year 2020. This represents a -37.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is 36Kr Holdings Inc.'s revenue growing?
36Kr Holdings Inc. (KRKR) revenue declined by 37.1% year-over-year, from $94.2M to $59.3M in fiscal year 2020.
Is 36Kr Holdings Inc. profitable?
No, 36Kr Holdings Inc. (KRKR) reported a net income of -$42.8M in fiscal year 2020, with a net profit margin of -72.2%.
What is 36Kr Holdings Inc.'s earnings per share (EPS)?
36Kr Holdings Inc. (KRKR) reported diluted earnings per share of $-0.04 for fiscal year 2020. This represents a 87.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is 36Kr Holdings Inc.'s EBITDA?
36Kr Holdings Inc. (KRKR) had EBITDA of -$40.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization.
What is 36Kr Holdings Inc.'s gross margin?
36Kr Holdings Inc. (KRKR) had a gross margin of 32.4% in fiscal year 2020, indicating the percentage of revenue retained after direct costs of goods sold.
What is 36Kr Holdings Inc.'s operating margin?
36Kr Holdings Inc. (KRKR) had an operating margin of -69.1% in fiscal year 2020, reflecting the profitability of core business operations before interest and taxes.
What is 36Kr Holdings Inc.'s net profit margin?
36Kr Holdings Inc. (KRKR) had a net profit margin of -72.2% in fiscal year 2020, representing the share of revenue converted into profit after all expenses.
What is 36Kr Holdings Inc.'s free cash flow?
36Kr Holdings Inc. (KRKR) generated -$3.0M in free cash flow during fiscal year 2020. This represents a 87.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is 36Kr Holdings Inc.'s operating cash flow?
36Kr Holdings Inc. (KRKR) generated -$2.6M in operating cash flow during fiscal year 2020, representing cash generated from core business activities.
What are 36Kr Holdings Inc.'s total assets?
36Kr Holdings Inc. (KRKR) had $88.7M in total assets as of fiscal year 2020, including both current and long-term assets.
What are 36Kr Holdings Inc.'s capital expenditures?
36Kr Holdings Inc. (KRKR) invested $335K in capital expenditures during fiscal year 2020, funding long-term assets and infrastructure.
How much does 36Kr Holdings Inc. spend on research and development?
36Kr Holdings Inc. (KRKR) invested $5.9M in research and development during fiscal year 2020.
Does 36Kr Holdings Inc. buy back shares?
Yes, 36Kr Holdings Inc. (KRKR) spent $1.8M on share buybacks during fiscal year 2020, returning capital to shareholders by reducing shares outstanding.
What is 36Kr Holdings Inc.'s current ratio?
36Kr Holdings Inc. (KRKR) had a current ratio of 2.99 as of fiscal year 2020, which is generally considered healthy.
What is 36Kr Holdings Inc.'s debt-to-equity ratio?
36Kr Holdings Inc. (KRKR) had a debt-to-equity ratio of 0.50 as of fiscal year 2020, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is 36Kr Holdings Inc.'s return on assets (ROA)?
36Kr Holdings Inc. (KRKR) had a return on assets of -48.3% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.
What is 36Kr Holdings Inc.'s cash runway?
Based on fiscal year 2020 data, 36Kr Holdings Inc. (KRKR) had $9.3M in cash against an annual operating cash burn of $2.6M. This gives an estimated cash runway of approximately 43 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is 36Kr Holdings Inc.'s Piotroski F-Score?
36Kr Holdings Inc. (KRKR) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are 36Kr Holdings Inc.'s earnings high quality?
36Kr Holdings Inc. (KRKR) has an earnings quality ratio of 0.06x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is 36Kr Holdings Inc.?
36Kr Holdings Inc. (KRKR) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.