ZHIHU INC Reports 33.8% YOY Growth with Total Revenue of CNY 994.2 Million in FY2023 Q1
June 2, 2023
☀️Earnings Overview
ZHIHU INC ($NYSE:ZH) reported an impressive 33.8% year-over-year growth in their total revenue for FY2023 Q1 on May 24 2023, amounting to CNY 994.2 million. Net income has also significantly improved from -614.3 million in the previous year to -181.4 million.
Analysis
GoodWhale has conducted an analysis of ZHIHU INC’s fundamentals, and based on Risk Rating, it is a medium risk investment in terms of financial and business aspects. In terms of the income sheet, balance sheet, cashflow statement and financial journal, GoodWhale has identified four risk warnings that could be potentially damaging to the company’s stability. To get an in-depth look at these points, register with GoodWhale and take a closer look. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Zhihu Inc. More…
| Total Revenues | Net Income | Net Margin |
| 3.86k | -1.15k | -28.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zhihu Inc. More…
| Operations | Investing | Financing |
| -1.11k | 3.49k | -108.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Zhihu Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.61k | 2.08k | 8.65 |
Key Ratios Snapshot
Some of the financial key ratios for Zhihu Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 75.2% | – | -30.4% |
| FCF Margin | ROE | ROA |
| -28.9% | -13.2% | -9.6% |
Summary
ZHIHU Inc. released their earnings for Q1 of FY2023 on May 24, 2023. Total revenue for the quarter was CNY 994.2 million, a 33.8% increase year-over-year. Furthermore, net income reported was CNY -181.4 million, showing a significant improvement from the previous fiscal year’s losses of -614.3 million.
As a result, the stock price for the company quickly moved up on the same day. Investors should consider ZHIHU’s recent financial performance when evaluating their investment outlook in the company, as the impressive growth in revenue and net income may indicate a bright future for the company.
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