Zhihu Growth Metrics (2020-2025) | ZH

Growth Metrics Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Growth Ratios
Assets Growth (1y) 0.40%142.65%533.23%-85.46%-8.65%-21.83%-9.49%-15.71%-11.67%-12.33%-14.09%-20.16%-87.85%-15.43%-88.02%-4.56%-9.74%
Assets Growth (3y) 23.95%18.47%70.12%-53.92%-53.89%-16.63%-54.66%-13.72%-54.08%
Assets Growth (5y) 7.14%
Assets (QoQ) 133.86%547.21%1.69%-84.23%510.29%-85.14%538.95%-86.51%606.64%-86.16%569.53%-86.61%592.47%-87.14%1.87%-6.79%-1.88%2.43%-3.67%
Cash & Equivalents Growth (1y) 6.35%148.35%161.07%-62.04%131.56%88.60%74.33%65.66%-7.78%-54.02%-47.40%-21.85%-85.38%90.29%-79.65%2.71%-16.27%
Cash & Equivalents Growth (3y) 70.79%29.14%33.77%-21.08%-32.16%18.17%-42.86%9.96%-51.67%
Cash & Equivalents Growth (5y) 34.23%
Cash & Equivalents (QoQ) 574.71%-3.50%65.88%-77.00%609.28%-85.97%911.82%-81.27%555.61%-86.67%463.24%-90.66%650.01%-80.19%5.35%21.56%-19.81%0.00%-14.11%
EBITDA Margin Growth (1y) 540.00-526.00-1671.00-1561.00-19.00860.001,740.006,541.002,376.00-369.00377.00-159.001,165.002,427.001,618.00700.00
EBITDA Margin Growth (3y) 2,898.00-35.00445.004,821.003,522.002,918.008,000.004,241.00
EBITDA Margin Growth (5y) 4,762.00
EBITDA Margin (QoQ) 2,641.001,380.00-5150.001,669.001,575.00235.00-5040.003,211.002,454.001,114.00-238.00-954.00-291.001,860.00-774.00370.00971.00-549.00
EBIT Growth (1y) -122.35%-148.44%-259.05%-89.27%-31.41%13.61%42.35%66.56%28.97%-25.67%17.64%-3.69%92.27%96.57%102.43%96.78%-50,109.47%
EBIT Growth (3y) -27.56%-39.20%-19.46%13.10%58.36%66.60%26.23%77.64%-202.13%
EBIT Growth (5y) -140.57%
EBIT Margin Growth (1y) 540.00-526.00-1671.00-1561.00-19.00860.001,740.006,541.002,376.00-369.00377.00-159.001,165.002,427.001,618.00700.00
EBIT Margin Growth (3y) 2,898.00-35.00445.004,821.003,522.002,918.008,000.004,241.00
EBIT Margin Growth (5y) 4,762.00
EBIT Margin (QoQ) 2,641.001,380.00-5150.001,669.001,575.00235.00-5040.003,211.002,454.001,114.00-238.00-954.00-291.001,860.00-774.00370.00971.00-549.00
EBIT (QoQ) 17.67%19.48%-227.69%-2.36%8.01%-16.36%-72.74%28.93%39.52%22.36%-0.20%-50.97%-6.99%49.11%-26.15%88.74%52.51%136.08%-267.20%-175,175.94%
EBT Growth (1y) -174.10%-145.68%-324.54%-88.76%-50.44%-9.43%53.52%71.54%42.42%5.52%44.46%5.53%95.64%99.49%113.15%99.13%117,150.73%
EBT Growth (3y) -33.40%-36.44%-3.10%20.23%66.45%82.62%26.70%86.75%215.41%
EBT Growth (5y) 161.87%
EBT Margin Growth (1y) -546.00-407.00-2008.00-1455.00-744.0038.002,144.006,481.003,099.00509.00724.0039.001,711.002,609.001,571.002,350.00
EBT Margin Growth (3y) 1,809.00139.00861.005,065.004,066.003,155.008,091.007,160.00
EBT Margin Growth (5y) 5,870.00
EBT Margin (QoQ) 1,594.001,142.00-5054.001,772.001,732.00-458.00-4502.002,484.002,514.001,648.00-165.00-899.00-76.001,864.00-850.00773.00821.001,553.00
EBT (QoQ) 5.89%18.35%-261.89%1.44%15.65%-41.10%-60.91%21.45%38.64%40.07%1.48%-58.91%-0.69%64.77%-67.57%92.67%88.28%1,013.15%-111.03%991,743.26%
Enterprise Value Growth (1y) 13.48%-133.76%-372.01%66.75%-38.59%-7.98%-7.08%5.41%19.27%29.28%35.02%26.04%87.27%-18.93%84.05%-7.62%7.46%
Enterprise Value Growth (3y) -29.74%-21.31%-48.64%38.50%47.78%3.16%51.95%9.03%54.36%
Enterprise Value Growth (5y) -12.93%
Enterprise Value (QoQ) -267.93%-103.51%-79.60%82.62%-642.95%85.66%-648.53%86.46%-636.72%87.33%-538.81%88.14%-576.96%85.59%-9.95%-10.85%9.22%2.72%5.47%
EPS (Basic) Growth (1y) -226.51%-194.42%-286.71%5.24%-4.52%73.46%72.65%3.14%44.71%-4.52%-2,725.67%117.73%-71.68%1,713,623,631.25%
EPS (Basic) Growth (3y) -45.10%-43.51%-31.50%35.30%-186.68%26.54%21.13%
EPS (Basic) Growth (5y) 5,416.23%
EPS (Basic) (QoQ) 12.90%748.15%-126.13%49.44%15.74%-1,577.17%86.74%-325.90%86.34%-62.70%-2.31%-143.09%74.17%-4,298.49%-350.06%43,904,790,219.94%
EPS (Weighted Average and Diluted) Growth (1y) -226.51%-194.42%-286.71%5.24%-42.68%-4.52%73.46%72.65%41.56%3.14%44.71%-4.52%-2,725.67%99.40%117.73%-71.68%1,772,714,097.85%
EPS (Weighted Average and Diluted) Growth (3y) -45.10%-43.51%-31.50%35.30%-186.68%81.75%26.54%21.13%66,296.58%
EPS (Weighted Average and Diluted) Growth (5y) 5,453.76%
EPS (Weighted Average and Diluted) (QoQ) 12.90%748.15%-126.13%49.44%15.74%-1,577.17%86.74%23.86%38.28%-325.90%86.34%-62.70%-2.31%-143.09%74.17%-4,298.49%99.98%7,278.34%-350.06%45,418,748,499.94%
Gross Margin Growth (1y) 1,063.00-589.00-1700.00-1186.00-1119.00-285.00934.00637.00603.00491.00271.00504.00577.001,026.00526.00232.00
Gross Margin Growth (3y) 547.00-383.00-495.00-45.0061.001,233.001,668.001,412.00
Gross Margin Growth (5y) 1,356.00
Gross Margin (QoQ) 913.00660.00-707.00198.00-740.00-451.00-193.00265.0094.00768.00-490.00231.00-17.00548.00-257.00304.00432.009.00
Gross Profit Growth (1y) 197.92%93.05%44.06%23.06%6.12%4.60%30.99%52.65%40.66%23.42%7.09%6.10%-86.38%-85.97%-90.34%-88.56%80,808.99%
Gross Profit Growth (3y) 64.45%35.58%26.43%25.85%-41.19%-43.42%-48.63%-42.99%437.24%
Gross Profit Growth (5y) 245.21%
Gross Profit (QoQ) 74.11%51.36%-18.14%38.10%12.83%12.94%-30.07%19.09%11.21%41.44%-18.50%9.73%-2.42%22.73%-19.26%-85.91%0.51%-15.49%-4.44%99,574.30%
Net Income Growth (1y) -171.70%-146.17%-323.46%-88.33%-49.18%-8.57%53.88%72.22%42.14%4.58%46.41%3.59%-259.95%99.44%116.26%79.49%1,934.93%
Net Income Growth (3y) -32.86%-36.62%-1.53%20.40%-45.92%82.08%26.83%61.99%242.61%
Net Income Growth (5y) 174.86%
Net Income (QoQ) 6.54%18.54%-263.26%1.76%15.32%-40.13%-61.56%22.19%38.37%40.47%2.70%-62.07%-1.64%66.57%-75.05%-505.12%99.84%1,078.57%-320.85%54,238.82%
Net Income towards Common Stockholders Growth (1y) -672.62%-523.63%-812.05%-298.27%-49.18%-8.57%69.72%72.22%42.14%4.58%46.41%3.59%-259.95%99.44%116.26%79.49%1,934.93%
Net Income towards Common Stockholders Growth (3y) -90.77%-85.56%-46.68%-2.17%-45.92%82.08%26.54%61.99%242.61%
Net Income towards Common Stockholders Growth (5y) 218.24%
Net Income towards Common Stockholders (QoQ) 14.46%26.99%-289.64%-107.75%15.32%-113.44%-6.07%22.19%38.37%40.47%2.70%-62.07%-1.64%66.57%-75.05%-505.12%99.84%1,078.57%-320.85%54,238.82%
Net Margin Growth (1y) -7104.00-4929.00-7190.00-5001.00-693.0063.004,076.006,498.003,045.00477.00743.004.00-74239.002,600.00-1631.0078,678.00
Net Margin Growth (3y) -4752.00-4388.00-2372.001,501.00-71887.003,141.004,871.007,484.00
Net Margin Growth (5y) -313.00
Net Margin (QoQ) -464.00-107.00-4752.00-1781.001,711.00-2368.00-2563.002,528.002,467.001,644.00-141.00-925.00-101.001,909.00-880.00-75169.0076,739.005,140.00
Operating Income Growth (1y) -122.35%-148.44%-259.05%-89.27%-31.41%13.61%42.35%66.56%28.97%-25.67%17.64%-3.69%92.27%96.57%102.43%96.78%-50,109.47%
Operating Income Growth (3y) -27.56%-39.20%-19.46%13.10%58.36%66.60%26.23%77.64%-202.13%
Operating Income Growth (5y) -140.57%
Operating Income (QoQ) 17.67%19.48%-227.69%-2.36%8.01%-16.36%-72.74%28.93%39.52%22.36%-0.20%-50.97%-6.99%49.11%-26.15%88.74%52.51%136.08%-267.20%-175,175.94%
Operating Margin Growth (1y) 540.00-526.00-1671.00-1561.00-19.00860.001,740.006,541.002,376.00-369.00377.00-159.001,165.002,427.001,618.00700.00
Operating Margin Growth (3y) 2,898.00-35.00445.004,821.003,522.002,918.008,000.004,241.00
Operating Margin Growth (5y) 4,762.00
Operating Margin (QoQ) 2,641.001,380.00-5150.001,669.001,575.00235.00-5040.003,211.002,454.001,114.00-238.00-954.00-291.001,860.00-774.00370.00971.00-549.00
Profit After Tax Growth (1y) -176.52%-145.19%-325.61%-89.19%-51.68%-10.29%53.17%70.86%42.70%6.45%42.56%7.36%96.03%99.54%112.84%99.16%91,318.90%
Profit After Tax Growth (3y) -33.95%-36.26%-4.61%20.07%67.43%83.20%26.71%86.87%183.46%
Profit After Tax Growth (5y) 145.48%
Profit After Tax (QoQ) 5.23%18.16%-260.54%1.11%15.97%-42.06%-60.27%20.72%38.90%39.68%0.30%-55.93%0.24%62.96%-60.80%93.31%88.47%1,135.18%-110.51%726,967.82%
Property, Plant & Equipment (Net) Growth (1y) 26.16%767.53%-83.39%-3.59%-33.57%-21.86%6.66%34.95%47.00%52.95%2.54%-87.37%-21.56%-89.93%-28.02%-38.56%
Property, Plant & Equipment (Net) Growth (3y) 7.20%118.06%-43.37%-45.23%-8.50%-50.63%-7.67%-52.87%
Property, Plant & Equipment (Net) (QoQ) -14.88%604.03%13.94%-81.52%485.30%-86.52%561.54%-87.27%588.49%-81.61%737.06%-86.13%616.36%-87.67%3.08%-13.85%-8.03%-11.87%-12.00%
Return on Assets Growth (1y) 35.00-19.00-26.00-9.007.0015.0016.0014.004.00-20.00-125.00-117.00-106.002,325.002,446.00
Return on Assets Growth (3y) 46.00-24.00-135.00-112.00-95.002,320.002,337.00
Return on Assets (QoQ) 51.005.00-14.00-7.00-4.00-2.004.009.005.00-1.002.00-1.00-20.00-106.009.0010.002,411.0015.00
Return on Capital Employed Growth (1y) 41.00-14.00-49.00-8.007.0014.0013.009.00-10.003.00-20.00-13.0052.00-2144.00
Return on Capital Employed Growth (3y) 38.004.00-56.00-13.0049.00-2127.00
Return on Capital Employed (QoQ) 71.0010.00-13.00-27.0016.00-25.0028.00-11.0023.00-26.0023.00-30.0036.00-49.0030.0035.00-2160.00
Return on Equity (QoQ) 62.006.00-18.00
Return on Invested Capital Growth (1y) -1259.00-289.00363.0058.00-67.00-6018.00-8176.00-321.00-6517.00-183721.00
Return on Invested Capital Growth (3y) -203.00-6630.00-9072.00-552.00
Return on Invested Capital (QoQ) 72.007.00-18.00952.0093.00-404.00-278.00647.00-32.00-6356.00-2436.008,502.00-6227.00-183560.00
Return on Sales Growth (1y) -5.00-4.00-20.00-14.00-7.001.0021.0065.0030.005.007.000.00-742.0026.00-86.00-16.00787.0019.00
Return on Sales Growth (3y) 18.001.009.0051.00-719.0031.00-57.0049.0075.0050.00
Return on Sales Growth (5y) 63.0047.00
Return on Sales (QoQ) 16.0011.00-51.0018.0017.00-4.00-45.0025.0025.0016.00-1.00-9.00-1.0019.00-9.00-752.00767.00-93.0061.0051.000.00
Revenue Growth (1y) 144.22%115.09%96.08%55.39%30.96%10.72%9.30%33.77%24.90%12.11%2.18%-3.36%-87.69%-88.22%-89.54%77,781.20%
Revenue Growth (3y) 58.67%38.73%29.86%26.18%-41.39%-47.32%-48.66%392.84%
Revenue Growth (5y) 228.55%
Revenue (QoQ) 46.46%35.78%-7.99%33.47%29.00%23.77%-27.08%12.48%9.05%22.18%-10.75%5.03%-2.11%11.36%-15.59%-86.63%-6.29%99,425.62%
Share-based Compensation Growth (1y) -77.18%-82.37%-53.84%
Share-based Compensation (QoQ) 31.43%244.16%
Shareholder's Equity Growth (1y) -9.23%154.27%-24.03%-18.44%-10.55%
Shareholder's Equity Growth (3y) 20.58%16.36%-17.86%
Shareholder's Equity Growth (5y) 5.05%
Shareholder's Equity (QoQ) 172.98%528.80%-1.42%-84.97%
Tax Rate Growth (1y) 88.00-20.0025.0023.0083.0079.0076.00238.00-48.00-99.00346.00-199.00-808819.00-946.00-2242.00-225169.00805,900.00
Tax Rate Growth (3y) 123.00-40.00448.0061.00-808784.00-966.00-1819.00-225130.00-2967.00
Tax Rate Growth (5y) -2796.00
Tax Rate (QoQ) 70.0023.00-38.0033.00-38.0068.00-40.0093.00-43.0066.00121.00-193.00-93.00511.00-424.00-808813.00807,780.00-785.00-223351.00222,256.00
Total Debt Growth (1y) -49.16%88.43%806.56%-76.87%29.85%-73.26%-74.20%-81.81%-89.35%644.72%-54.82%-35.70%-87.82%-96.41%-91.13%-47.89%-28.06%
Total Debt Growth (3y) -36.49%55.39%1.85%-69.98%-74.37%-58.49%-78.21%-60.65%-78.95%
Total Debt Growth (5y) -41.50%
Total Debt (QoQ) 29.45%504.81%22.30%-80.32%522.80%-84.57%586.51%-95.95%500.93%-89.12%301.88%183.36%-63.54%-84.51%-23.88%-16.44%-9.95%-9.03%5.09%