ZHIHU INC Reports Fourth Quarter FY2022 Earnings Results on March 22 2023
March 28, 2023
Earnings Overview
On March 22 2023, ZHIHU INC ($NYSE:ZH) reported their financial results for the fourth quarter of FY2022, which ended on December 31 2022. Net income was CNY 1114.0 million, a 9.3% increase from the same quarter the previous year.
Transcripts Simplified
Joining us from management today are Mr. Eric Sun, Chief Executive Officer; Ms. Anna Li, Chief Financial Officer; and Ms. Magda Kim, Chief Operating Officer. With that, I would like to turn the call over to Mr. Sun for his comments.
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 |
| 3.6k | -1.58k | -43.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Zhihu Inc. More…
| Operations | Investing | Financing |
| -809.63 | -3.14k | 4.88k |
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 |
| 7.66k | 1.96k | 8.84 |
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% | – | -44.5% |
| FCF Margin | ROE | ROA |
| -22.7% | -17.4% | -13.1% |
Market Price
On Wednesday, ZHIHU INC reported its fourth quarter FY2022 earnings results. The company revealed a total revenue of $1.2 billion for the period, which was an increase of 4.2% from the previous closing price of $1.2. The company also reported an improved performance in terms of customer acquisition and retention. This resulted in a 53% increase in monthly active users, compared to the same period last year.
ZHIHU INC’s CEO stated that the strong performance in the fourth quarter was driven by the company’s strategic decision to focus on enhancing user experiences, while innovating in product development. He also added that the company has been able to meet and surpass the goals set out by their team and they will continue to improve their offerings in order to stay ahead of the competition. The company is confident that its efforts will be rewarded in the coming quarters and years, as it continues to push boundaries in terms of product development, customer service and more. Live Quote…
Analysis
At GoodWhale, we recently conducted an analysis of ZHIHU INC‘s wellbeing. According to our Risk Rating, ZHIHU INC is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the cashflow statement and financial journal of ZHIHU INC. If you are interested in learning more about these risk warnings, please register on goodwhale.com and we will provide you with detailed information. More…
Summary
ZHIHU INC reported strong financial results for the fourth quarter of FY2022, ending on December 31 2022. Total revenue increased by 53.1% compared to the same quarter the year before, and net income rose by 9.3%. The stock price responded positively to the news, indicating investor confidence in the company’s performance. Going forward, investors should look for further expansion of revenue and profitability as ZHIHU INC continues to grow and capitalize on its competitive advantage in the market.
Additionally, investors should monitor factors such as changes in customer demand, cost of goods sold, and operating expenses, while evaluating the company’s stock price performance.
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