The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 79.2M (2021) → 80.0M (2025)
Zhihu Inc. operates an online content community in the People’s Republic of China. The company also offers technology, business support, and consulting services; information transmission, software, and information technology services; and information and marketing services. It also offers vocational training; and internet services, as well as holds audio-visual permit. Zhihu Inc. was founded in 2010 and is headquartered in Beijing, the People's Republic of China.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
-11.1% YoY
YoY Growth Rate
Revenue declining
+8.3% YoY
YoY Growth Rate
Slow EPS growth
$511M/ year
↓ Declining (-31% vs prior year)
19.1% of revenue
1.6x the sector average (12%)
R&D spend declining — could signal cost-cutting or efficiency
Cash flow positive
$4.5B cash & investments
Company generates more cash than it spends — no dilution risk from fundraising
Zhihu's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.
Negative ROIC means the business is losing money on every dollar invested in it.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Free cash flow is negative. They are burning cash, not generating it.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
