Zhihu (ZH) Asset Utilization Ratio (2021 - 2025)
Zhihu (ZH) posted Asset Utilization Ratio of 377.84 for Q4 2025, down 4.59% sequentially from 396.02 in Q3 2025, and up 160.45% YoY from 145.07 in Q4 2024.
Zhihu (ZH) Asset Utilization Ratio (2021 - 2025) Analysis & Trends
Zhihu has reported Asset Utilization Ratio for 5 years, with the latest figure at 377.84 in Q4 2025.
- Quarterly Asset Utilization Ratio rose 160.45% year-over-year to 377.84 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 377.84 (up 160.45% YoY) and the FY2025 annual result came in at 0.51, down 9.06% from the prior year.
- Asset Utilization Ratio slipped to 377.84 in Q4 2025 per ZH's latest filing, from 396.02 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 396.02 in Q3 2025 and troughed at 0.23 in Q2 2021.
- A 5-year average of 67.75 and a median of 0.56 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio advanced 10.2% in 2024, then jumped 61850.25% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.34 in 2021, then surged by 42.51% to 0.48 in 2022, then increased by 28.72% to 0.62 in 2023, then soared by 23411.69% to 145.07 in 2024, then soared by 160.45% to 377.84 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 377.84, 396.02, and 277.43 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,179.34 Bn | 3,750.30 Bn | 73.85 Bn | 0.55 |
| 2 | Meta Platforms | 1,534.00 Bn | 1,443.74 Bn | 49.47 Bn | 0.54 |
| 3 | Taboola.com | 1,136.26 Bn | 1,136.12 Bn | 139.48 Mn | 1.24 |
| 4 | Baidu | 288.64 Bn | 284.15 Bn | 1.88 Mn | 0.28 |
| 5 | Spotify Technology | 103.10 Bn | 92.86 Bn | 1.75 Bn | 1.24 |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 0.28 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.24 Bn | 39.61 Bn | 295.20 Mn | 0.05 |
| 9 | 30.20 Bn | 27.41 Bn | 734.60 Mn | 0.78 | |
| 10 | Zhihu | 792.14 Mn | 316.96 Mn | 49.31 Bn | 376.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 377.84 |
| Sep 30, 2025 | 396.02 |
| Jun 30, 2025 | 277.43 |
| Mar 31, 2025 | 151.73 |
| Dec 31, 2024 | 145.07 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.62 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.23 |
| Mar 31, 2021 | 0.26 |