Zhihu Inc. (ZH)
NYSE: ZH · Real-Time Price · USD
3.310
-0.010 (-0.30%)
Apr 28, 2026, 4:00 PM EDT - Market closed

Zhihu Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2019
Net Income
-192.9-171.8-843.64-1,581-1,299
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Depreciation & Amortization
1921.9524.8925.2121.45
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Loss (Gain) From Sale of Assets
-0.39-4.930.40.08-
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Asset Writedown & Restructuring Costs
136.8----
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Loss (Gain) From Sale of Investments
---20.89-
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Stock-Based Compensation
87.2859.26164.66373.9548.47
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Provision & Write-off of Bad Debts
-26.836.7329.9234.4632.63
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Other Operating Activities
-212.63-136.92-32.04145.5-35.31
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Change in Accounts Receivable
90.08208.2464.41-132.84-374.68
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Change in Accounts Payable
-154.34-183.37220.24-15.87524.25
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Change in Unearned Revenue
-48.81-59.53-87.0678.2279.4
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Change in Income Taxes
-5.80.96-4.69-40.8559.02
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Change in Other Net Operating Assets
-55.1-50.7847.38-22.493.41
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Operating Cash Flow
-363.61-280.19-415.53-1,115-440.23
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Capital Expenditures
-1.32-2.73-8.49-0.71-7.44
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Sale of Property, Plant & Equipment
0.470.03-0.12-
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Cash Acquisitions
---63.59-60.61-33.18
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Divestitures
-12.16---
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Sale (Purchase) of Intangibles
-0.14--0.38--
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Investment in Securities
-115.322,553-1,6093,697-3,131
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Other Investing Activities
---0.01-145.1935.47
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Investing Cash Flow
-116.32,563-1,6813,490-3,137
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Short-Term Debt Issued
196.2951.77---
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Total Debt Issued
196.2951.77---
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Short-Term Debt Repaid
-161.29-51.77---
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Total Debt Repaid
-161.29-51.77---
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Net Debt Issued (Repaid)
35----
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Issuance of Common Stock
0.431.164.5119.614,876
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Repurchase of Common Stock
-167.06-400.71-369.57-127.96-
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Other Financing Activities
--4.31---
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Financing Cash Flow
-131.63-403.86-365.06-108.354,876
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Foreign Exchange Rate Adjustments
-18.2914.8542.51101.53-100.17
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Net Cash Flow
-629.831,893-2,4192,3691,199
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Free Cash Flow
-364.92-282.92-424.02-1,116-447.67
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Free Cash Flow Margin
-13.28%-7.86%-10.10%-30.95%-15.13%
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Free Cash Flow Per Share
-4.56-3.10-4.25-10.98-5.59
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Levered Free Cash Flow
-293.92-329.87-214.37-625.8940.32
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Unlevered Free Cash Flow
-293.92-329.87-214.37-625.8940.32
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Change in Working Capital
-173.97-84.48240.29-133.83291.4
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Source: S&P Capital IQ. Standard template. Financial Sources.