Zhihu (ZHIHF) Change in Working Capital (2020 - 2025)

Zhihu's Change in Working Capital history runs 6 years deep, the most recent figure standing at $51.6 billion for Q4 2025.

• In Q4 2025, Change in Working Capital fell 37.13% year-over-year to $51.6 billion; the TTM figure through Dec 2025 stood at $51.6 billion (down 37.13% YoY), while the FY2025 annual figure was $52.4 billion, down 36.24% from the prior year.
• Change in Working Capital came in at $51.6 billion for Q4 2025 at Zhihu, up from $11.7 billion in the prior quarter.
• In the past five years, Change in Working Capital ranged from a high of $82.1 billion in Q4 2024 to a low of $2.6 million in Q1 2021.
• A 5-year average of $7.6 billion and a median of $11.8 million in 2022 frame the typical range for Change in Working Capital.
• Across the five-year window, Change in Working Capital plunged 72.03% in 2023 and soared 1232500.91% in 2024, its largest moves.
• Zhihu's Change in Working Capital stood at $17.2 million in 2021, then surged by 38.26% to $23.8 million in 2022, then slumped by 72.03% to $6.7 million in 2023, then jumped by 1232500.91% to $82.1 billion in 2024, then sank by 37.13% to $51.6 billion in 2025.
• According to Business Quant data, Change in Working Capital over the past three periods registered $51.6 billion, $11.7 billion, and $7.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

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