ZHIHU INC (ZHIHF) Financials
Newest figures come from the 10-K for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZHIHF SEC filings page.
ZHIHU INC (ZHIHF) reported $393.1M in revenue for fiscal year 2025, down 20.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Stable gross margins cannot offset falling sales: the business remains low-capital-spending but still converts losses into recurring cash outflows.
The FY2024 loss narrowed to$23.1M , but operating cash flow was still-$38.4M ; with free cash flow nearly identical, accounting improvement did not translate into cash generation. In FY2025, the net loss stayed near that level at$27.9M while operating cash flow widened to-$52.0M , showing cash conversion weakened as sales contracted.
Margin pressure moved below gross profit: gross margin held near
Low capital intensity limits reinvestment as the explanation for the cash deficit: FY2025 capital spending was only
Financial Health Signals
ZHIHU INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ZHIHU INC passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
ZHIHU INC reported a net loss of $27.9M while operations used $52.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
ZHIHU INC held $481.8M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ZHIHF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ZHIHF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|
| Total Assets | $742.3M-5.5% | $785.4M-17.9% | $957.1M-13.8% | $1.1B-19.7% | $1.4B |
| Current Assets | $676.7M-9.9% | $751.4M-16.4% | $898.3M-15.4% | $1.1B-18.9% | $1.3B |
| Cash & Equivalents | $481.8M-12.1% | $547.9M+84.7% | $296.7M-54.8% | $656.2M+93.8% | $338.5M |
| Short-Term Investments | $120.3M+62.9% | $73.8M-70.4% | $249.3M+118.4% | $114.1M-67.5% | $351.4M |
| Accounts Receivable | $51.2M-11.2% | $57.6M-38.4% | $93.6M-22.6% | $121.0M-7.3% | $130.5M |
| Long-Term Investments | $22.7M+223.2% | $7.0M+11.6% | $6.3M | $0-100.0% | $3.0M |
| Goodwill | N/A | $17.3M-35.7% | $26.9M+46.9% | $18.3M+58.5% | $11.6M |
| Total Liabilities | $188.2M-10.7% | $210.6M-28.6% | $294.9M+3.7% | $284.5M-12.3% | $324.4M |
| Current Liabilities | $181.4M-13.2% | $208.9M-23.8% | $274.0M+3.6% | $264.6M-11.2% | $297.8M |
| Non-Current Liabilities | $6.8M+292.6% | $1.7M-91.7% | $20.9M+5.0% | $19.9M-25.2% | $26.6M |
| Total Equity | $544.0M-4.0% | $566.6M-12.5% | $647.9M-21.0% | $819.7M-22.4% | $1.1B |
| Retained Earnings | -$1.3B-6.6% | -$1.2B+0.8% | -$1.2B-7.6% | -$1.1B-15.7% | -$985.6M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
ZHIHF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ZHIHF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Where ZHIHU INC Ranks
Frequently Asked Questions
What is ZHIHU INC's annual revenue?
ZHIHU INC (ZHIHF) reported $393.1M in total revenue for fiscal year 2025. This represents a -20.3% 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 ZHIHU INC's revenue growing?
ZHIHU INC (ZHIHF) revenue declined by 20.3% year-over-year, from $493.0M to $393.1M in fiscal year 2025.
Is ZHIHU INC profitable?
No, ZHIHU INC (ZHIHF) reported a net income of -$27.9M in fiscal year 2025, with a net profit margin of -7.1%.
What is ZHIHU INC's EBITDA?
ZHIHU INC (ZHIHF) had EBITDA of -$69.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is ZHIHU INC's gross margin?
ZHIHU INC (ZHIHF) had a gross margin of 59.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ZHIHU INC's operating margin?
ZHIHU INC (ZHIHF) had an operating margin of -18.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ZHIHU INC's net profit margin?
ZHIHU INC (ZHIHF) had a net profit margin of -7.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is ZHIHU INC's return on equity (ROE)?
ZHIHU INC (ZHIHF) has a return on equity of -5.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ZHIHU INC's free cash flow?
ZHIHU INC (ZHIHF) recorded an outflow of $52.2M in free cash flow during fiscal year 2025. This represents a -34.6% 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 ZHIHU INC's operating cash flow?
ZHIHU INC (ZHIHF) recorded an outflow of $52.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ZHIHU INC's total assets?
ZHIHU INC (ZHIHF) had $742.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are ZHIHU INC's capital expenditures?
ZHIHU INC (ZHIHF) invested $189K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does ZHIHU INC spend on research and development?
ZHIHU INC (ZHIHF) invested $75.1M in research and development during fiscal year 2025.
What is ZHIHU INC's current ratio?
ZHIHU INC (ZHIHF) had a current ratio of 3.73 as of fiscal year 2025, which is generally considered healthy.
What is ZHIHU INC's debt-to-equity ratio?
ZHIHU INC (ZHIHF) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ZHIHU INC's return on assets (ROA)?
ZHIHU INC (ZHIHF) had a return on assets of -3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ZHIHU INC's Piotroski F-Score?
ZHIHU INC (ZHIHF) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ZHIHU INC's earnings high quality?
ZHIHU INC (ZHIHF) reported a net loss of $27.9M while operations used $52.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.