Zhihu Inc. (ZH) Equity Ratio (2019 - 2025)

Zhihu (ZH) posted Equity Ratio of 0.75 for Q4 2025, little changed sequentially from 0.75 in Q3 2025, and up 2.0% YoY from 0.73 in Q4 2024.

Zhihu Inc. (ZH) Equity Ratio (2019 - 2025) Analysis & Trends

Zhihu (ZH) has 7 years of Equity Ratio data on file, last reported at 0.75 in Q4 2025.

  • Quarterly Equity Ratio rose 2.0% year-over-year to 0.75 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.75 (up 2.0% YoY) and the FY2025 annual result came in at 0.73, up 1.58% from the prior year.
  • Equity Ratio held at 0.75 in Q4 2025 per ZH's latest filing, from 0.75 in the prior quarter.
  • The five-year high for Equity Ratio was 0.77 in Q4 2021, with the low at 0.69 in Q1 2024.
  • Average Equity Ratio over 5 years is 0.73, with a median of 0.73 recorded in 2024.
  • Year-over-year, Equity Ratio surged 155.95% in 2021 and fell 6.97% in 2023.
  • Zhihu's Equity Ratio stood at 0.77 in 2021, then fell by 2.81% to 0.74 in 2022, then slipped by 6.97% to 0.69 in 2023, then gained by 5.78% to 0.73 in 2024, then advanced by 2.0% to 0.75 in 2025.
  • Business Quant data shows ZH's Equity Ratio at 0.75 in Q4 2025, 0.75 in Q3 2025, and 0.73 in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 0.75
Dec 31, 2024 0.73
Dec 31, 2023 0.69
Dec 31, 2022 0.74
Dec 31, 2021 0.77
Dec 31, 2020 -1.37
Dec 31, 2019 -1.00