Zhihu (ZH) Return on Capital Employed (2021 - 2025)
Zhihu (ZH) posted Return on Capital Employed of 11206.28% for Q4 2025, down 171.09% sequentially from 4133.77% in Q3 2025, and down 1146384.0% YoY from N/an in Q4 2024.
Zhihu (ZH) Return on Capital Employed (2021 - 2025) Analysis & Trends
Zhihu has reported Return on Capital Employed for 5 years, with the latest figure at 11206.28% in Q4 2025.
- Quarterly Return on Capital Employed fell 1146384.0% year-over-year to 11206.28% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 11206.28% (down 1146384.0% YoY) and the FY2025 annual result came in at 12.28%, down 217.0% from the prior year.
- Return on Capital Employed retreated to 11206.28% in Q4 2025 per ZH's latest filing, from 4133.77% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 273.94% in Q1 2025 and troughed at 11206.28% in Q4 2025.
- A 5-year average of 847.91% and a median of 19.32% in 2021 frame the typical range for Return on Capital Employed.
- The widest YoY moves for Return on Capital Employed: up 28891 bps in 2025, down 1146384 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 20.15% in 2021, then tumbled by 42 bps to 28.67% in 2022, then soared by 49 bps to 14.56% in 2023, then jumped by 1869 bps to 257.56% in 2024, then slumped by 4451 bps to 11206.28% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 11206.28%, 4133.77%, and 1865.22% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,209.11 Bn | 3,780.07 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,537.88 Bn | 1,447.62 Bn | 49.47 Bn | 23.74% |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 5.19% |
| 4 | Baidu | 289.34 Bn | 284.85 Bn | 1.88 Mn | -1.83% |
| 5 | Spotify Technology | 102.76 Bn | 92.52 Bn | 1.75 Bn | - |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | 1.52% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | -3.77% |
| 9 | 30.43 Bn | 27.64 Bn | 734.60 Mn | 24.36% | |
| 10 | Zhihu | 792.14 Mn | 316.96 Mn | 49.31 Bn | -11,206.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -11,206.28% |
| Sep 30, 2025 | -4,133.77% |
| Jun 30, 2025 | -1,865.22% |
| Mar 31, 2025 | 273.94% |
| Dec 31, 2024 | 257.56% |
| Sep 30, 2024 | -7.01% |
| Jun 30, 2024 | -12.36% |
| Mar 31, 2024 | -14.97% |
| Dec 31, 2023 | -14.56% |
| Sep 30, 2023 | -20.77% |
| Jun 30, 2023 | -18.49% |
| Mar 31, 2023 | -21.14% |
| Dec 31, 2022 | -28.67% |
| Sep 30, 2022 | -29.49% |
| Jun 30, 2022 | -28.91% |
| Mar 31, 2022 | -25.13% |
| Dec 31, 2021 | -20.15% |
| Sep 30, 2021 | -15.75% |
| Jun 30, 2021 | -12.73% |
| Mar 31, 2021 | -14.36% |