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Zhihu Inc.NYSE:ZH 주식 보고서

시가총액 US$241.9m
주가
US$3.11
US$4.43
29.8% 저평가 내재 할인율
1Y-20.7%
7D-4.0%
포트폴리오 가치
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Zhihu Inc.

NYSE:ZH 주식 리포트

시가총액: US$241.9m

Zhihu (ZH) 주식 개요

는 자회사와 함께 중화인민공화국에서 온라인 콘텐츠 커뮤니티를 운영하고 있습니다. 자세히 보기

ZH 펀더멘털 분석
스노우플레이크 점수
가치 평가4/6
미래 성장0/6
과거 실적0/6
재무 건전성4/6
배당0/6

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Zhihu Inc. 경쟁사

가격 이력 및 성과

Zhihu 주가의 최고가, 최저가 및 변동 요약
과거 주가
현재 주가US$3.11
52주 최고가US$5.55
52주 최저가US$2.57
베타0.35
1개월 변동-17.94%
3개월 변동-11.65%
1년 변동-20.66%
3년 변동-51.10%
5년 변동-94.23%
IPO 이후 변동-93.90%

최근 뉴스 및 업데이트

내러티브 업데이트 Apr 24

ZH: Goodwill Impairment And Reset Are Expected To Unlock Future Upside

Analysts have trimmed their price target on Zhihu to about $4.43 from roughly $4.52. They cited a slightly higher discount rate and a modestly richer assumed future P/E multiple in their updated models.
내러티브 업데이트 Apr 10

ZH: Goodwill Reset And Impairment Charge Will Support Future Upside

Analysts have revised their Zhihu price target from $4.91 to $4.52, citing updated assumptions for revenue growth, profit margins, discount rate, and a lower expected future P/E multiple. What's in the News Zhihu reported an impairment loss on goodwill of RMB 126,344,000 for the fourth quarter ended December 31, 2025, which directly affects reported earnings for that period (Key Developments).
Seeking Alpha Mar 30

Zhihu: Has Growth Potential Even Though The AI Fallout Continues

Summary Zhihu has struggled after the stock started 2026 with a major rally, which seems to have been caused by a combination of factors. The latest report from ZH failed to provide a lift because even though there was progress in some areas, there was also regress in other areas. There is reason to believe that ZH has much growth potential yet to be tapped, which could become unlocked due to advances in AI technology. ZH has the potential to grow faster than it has recently, which, along with low valuations, is why I am bullish on ZH with a buy rating. Read the full article on Seeking Alpha
내러티브 업데이트 Mar 27

ZH: Share Repurchases And Goodwill Reset Will Support Future Upside

Analysts have reduced their Zhihu price target by about $0.93. This reflects updated views on fair value, a slightly higher discount rate, softer revenue growth assumptions, somewhat lower profit margin expectations, and a higher future P/E multiple.

Recent updates

내러티브 업데이트 Apr 24

ZH: Goodwill Impairment And Reset Are Expected To Unlock Future Upside

Analysts have trimmed their price target on Zhihu to about $4.43 from roughly $4.52. They cited a slightly higher discount rate and a modestly richer assumed future P/E multiple in their updated models.
내러티브 업데이트 Apr 10

ZH: Goodwill Reset And Impairment Charge Will Support Future Upside

Analysts have revised their Zhihu price target from $4.91 to $4.52, citing updated assumptions for revenue growth, profit margins, discount rate, and a lower expected future P/E multiple. What's in the News Zhihu reported an impairment loss on goodwill of RMB 126,344,000 for the fourth quarter ended December 31, 2025, which directly affects reported earnings for that period (Key Developments).
Seeking Alpha Mar 30

Zhihu: Has Growth Potential Even Though The AI Fallout Continues

Summary Zhihu has struggled after the stock started 2026 with a major rally, which seems to have been caused by a combination of factors. The latest report from ZH failed to provide a lift because even though there was progress in some areas, there was also regress in other areas. There is reason to believe that ZH has much growth potential yet to be tapped, which could become unlocked due to advances in AI technology. ZH has the potential to grow faster than it has recently, which, along with low valuations, is why I am bullish on ZH with a buy rating. Read the full article on Seeking Alpha
내러티브 업데이트 Mar 27

ZH: Share Repurchases And Goodwill Reset Will Support Future Upside

Analysts have reduced their Zhihu price target by about $0.93. This reflects updated views on fair value, a slightly higher discount rate, softer revenue growth assumptions, somewhat lower profit margin expectations, and a higher future P/E multiple.
분석 기사 Jul 18

Optimistic Investors Push Zhihu Inc. (NYSE:ZH) Shares Up 29% But Growth Is Lacking

Zhihu Inc. ( NYSE:ZH ) shares have continued their recent momentum with a 29% gain in the last month alone. The last 30...
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새로운 내러티브 May 31

AI Integration And Premium Content Will Expand Engagement In China

AI-driven engagement and premium content expansion are expected to boost user retention, advertiser appeal, and shift revenue mix toward higher-margin streams.
분석 기사 May 31

Zhihu Inc. (NYSE:ZH) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Shareholders might have noticed that Zhihu Inc. ( NYSE:ZH ) filed its quarterly result this time last week. The early...
분석 기사 Apr 20

Zhihu Inc.'s (NYSE:ZH) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

The Zhihu Inc. ( NYSE:ZH ) share price has softened a substantial 27% over the previous 30 days, handing back much of...
Seeking Alpha Mar 28

Zhihu: Turning Bullish On Bottom-Line Beat And New AI Tool (Rating Upgrade)

Summary I have a Buy rating awarded to Zhihu, as the stock is inexpensive with potential catalysts. The continued narrowing of losses and the growing popularity of the new AI search add-on Zhida can act as valuation re-rating drivers. ZH is currently trading at less than 1 times forward revenue, which is way below its all-time historical P/S average of 2.6x. Read the full article on Seeking Alpha
분석 기사 Feb 11

Zhihu Inc. (NYSE:ZH) Surges 27% Yet Its Low P/S Is No Reason For Excitement

The Zhihu Inc. ( NYSE:ZH ) share price has done very well over the last month, posting an excellent gain of 27%. The...
Seeking Alpha Dec 18

Zhihu: Heading In The Right Direction

Summary FY2024 is likely to end with the fourth consecutive annual loss, but the trend is favorable with smaller and smaller losses. ZH is close to breaking even, and profits do not look to be far away as a result of various measures taken by ZH. There are risks hanging over ZH, but its market cap may still be too low, especially if ZH becomes profitable. There is an argument to be made in favor of long ZH after taking into account all the recent progress made. Read the full article on Seeking Alpha
분석 기사 Sep 29

Little Excitement Around Zhihu Inc.'s (NYSE:ZH) Revenues

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Zhihu Inc. ( NYSE:ZH ) is a stock worth checking out...
분석 기사 Aug 25

Zhihu Inc. (NYSE:ZH) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Zhihu Inc. ( NYSE:ZH ) came out with its quarterly results last week, and we wanted to see how the business is...
Seeking Alpha Aug 25

Zhihu: Bottom Line Improvement Came At The Expense Of Larger Revenue Drop

Summary ZH's Q2 2024 bottom line performance improved significantly with operating and net losses narrowing. Zhihu plans to focus on cost optimization to target the achievement of positive earnings for Q4 2024. Revenue for ZH contracted by -11% YoY in the second quarter despite a bottom line beat, and an unfavorable top line outlook has limited the stock's valuation re-rating potential. Read the full article on Seeking Alpha
Seeking Alpha Jun 13

Zhihu Sees Wider Losses Despite Revenue Beat

Summary ZH's Q1 sales accounted for over a quarter of the full-year consensus revenue estimate, and its first quarter top-line beat is attributable to the vocational training business' good performance. But Zhihu's normalized net loss widened on both QoQ and YoY terms in Q1 2024, and a negative revenue mix might continue to weigh on its future bottom-line performance. The company's latest first quarter results have mixed read-throughs, so I have decided to maintain my Hold rating for ZH. Read the full article on Seeking Alpha
분석 기사 May 21

Is Zhihu Inc. (NYSE:ZH) Trading At A 23% Discount?

Key Insights The projected fair value for Zhihu is US$5.25 based on 2 Stage Free Cash Flow to Equity Current share...
분석 기사 Apr 01

News Flash: 8 Analysts Think Zhihu Inc. (NYSE:ZH) Earnings Are Under Threat

Today is shaping up negative for Zhihu Inc. ( NYSE:ZH ) shareholders, with the analysts delivering a substantial...
분석 기사 Mar 30

Zhihu Inc. (NYSE:ZH) Just Reported And Analysts Have Been Cutting Their Estimates

Shareholders might have noticed that Zhihu Inc. ( NYSE:ZH ) filed its full-year result this time last week. The early...
분석 기사 Feb 03

An Intrinsic Calculation For Zhihu Inc. (NYSE:ZH) Suggests It's 46% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Zhihu fair value estimate is US$1.42 Zhihu's US$0.77 share...
분석 기사 Jan 06

Zhihu Inc. (NYSE:ZH) Might Not Be As Mispriced As It Looks

Zhihu Inc.'s ( NYSE:ZH ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a buy right now compared to...
Seeking Alpha Dec 11

Zhihu Q3 Earnings: Still A Hold Considering Both Revenue And Profitability Expectations

Summary Zhihu's revenue growth prospects for 2023 are unfavorable, with analysts projecting a slowdown in expansion. The company's marketing services segment performed poorly in Q3 2023 and is expected to remain under pressure. ZH aims to achieve breakeven in one quarter of FY 2024 but does not expect to generate positive earnings for the full year. Read the full article on Seeking Alpha
분석 기사 Aug 26

Zhihu Inc. (NYSE:ZH) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

It's been a sad week for Zhihu Inc. ( NYSE:ZH ), who've watched their investment drop 14% to US$0.95 in the week since...
Seeking Alpha Aug 24

Zhihu: A Tricky Balancing Act

Summary ZH's Q2 2023 revenue and reported operating loss fell short of analysts' expectations, and the company's share price dropped by -9.4% on the day of the results announcement. It is tough for Zhihu to strike a delicate balance between growing the company's top line and improving its profitability. I deem ZH's shares to be deserving of a Hold rating, considering both its tricky balancing act and its undemanding valuations. Read the full article on Seeking Alpha
분석 기사 Jul 21

Is Zhihu Inc. (NYSE:ZH) Trading At A 43% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Zhihu fair value estimate is US$1.93 Zhihu's US$1.10 share...
Seeking Alpha Jun 09

Zhihu Could Stay Cheap Without Catalysts

Summary I think that Zhihu's Q2 2023 results will be inferior to that of its performance for Q1 2023, as per what the analysts are currently forecasting. But ZH's attractive P/S and EV/EBITDA valuations have already largely factored in negatives associated with its lackluster short-term outlook. I keep my Hold rating for Zhihu, as there aren't any catalysts in the near term to drive a positive re-rating of its valuations. Read the full article on Seeking Alpha
분석 기사 Apr 17

Take Care Before Diving Into The Deep End On Zhihu Inc. (NYSE:ZH)

There wouldn't be many who think Zhihu Inc.'s ( NYSE:ZH ) price-to-sales (or "P/S") ratio of 1.4x is worth a mention...
분석 기사 Jan 06

Calculating The Intrinsic Value Of Zhihu Inc. (NYSE:ZH)

Does the January share price for Zhihu Inc. ( NYSE:ZH ) reflect what it's really worth? Today, we will estimate the...
Seeking Alpha Jan 02

Zhihu appoints Henry Dachuan Sha as CFO

Zhihu (NYSE:ZH) appoints Mr. Henry Dachuan Sha as a Director and the Chief Financial Officer, effective immediately. Mr. Sha joins the firm from Quwan Holding where he was CFO. Mr. Sha replaces Mr. Wei Sun, who has tendered his resignation from the positions of director and chief financial officer to pursue other business endeavors. Source: Press Release

주주 수익률

ZHUS Interactive Media and ServicesUS 시장
7D-4.0%-3.1%-0.3%
1Y-20.7%68.4%26.7%

수익률 대 산업: ZH은 지난 1년 동안 68.4%의 수익을 기록한 US Interactive Media and Services 산업보다 저조한 성과를 냈습니다.

수익률 대 시장: ZH은 지난 1년 동안 26.7%를 기록한 US 시장보다 저조한 성과를 냈습니다.

주가 변동성

Is ZH's price volatile compared to industry and market?
ZH volatility
ZH Average Weekly Movement7.0%
Interactive Media and Services Industry Average Movement8.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

안정적인 주가: ZH는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.

시간에 따른 변동성: ZH의 주간 변동성(7%)은 지난 1년 동안 안정적이었습니다.

회사 소개

설립직원 수CEO웹사이트
20101,154Yuan Zhouwww.zhihu.com

는 자회사와 함께 중화인민공화국에서 온라인 콘텐츠 커뮤니티를 운영하고 있습니다. 이 회사는 경력 개발, 과학 및 기술, 비즈니스 및 금융, 소비자 의사 결정, 라이프스타일, 엔터테인먼트 등 다양한 카테고리의 콘텐츠를 제공합니다. 또한 소설과 소설집, 기타 서적과 잡지, 라이브 및 녹화 강의, 오디오북 등 프리미엄 콘텐츠 아이템을 제공하는 얀 셀렉션 멤버십 프로그램을 제공합니다.

Zhihu Inc. 기초 지표 요약

Zhihu의 순이익과 매출은 시가총액과 어떻게 비교됩니까?
ZH 기초 통계
시가총액US$241.88m
순이익 (TTM)-US$28.36m
매출 (TTM)US$404.19m
0.6x
주가매출비율(P/S)
-8.6x
주가수익비율(P/E)

ZH는 고평가되어 있습니까?

공정 가치 및 평가 분석 보기

순이익 및 매출

최근 실적 보고서(TTM)의 주요 수익성 지표
ZH 손익계산서 (TTM)
매출CN¥2.75b
매출원가CN¥1.10b
총이익CN¥1.65b
기타 비용CN¥1.84b
순이익-CN¥192.90m

최근 보고된 실적

Dec 31, 2025

다음 실적 발표일

Jun 03, 2026

주당순이익(EPS)-2.46
총이익률59.94%
순이익률-7.02%
부채/자본 비율0.9%

ZH의 장기 실적은 어땠습니까?

과거 실적 및 비교 보기

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/20 09:36
종가2026/05/20 00:00
수익2025/12/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Zhihu Inc.는 11명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Xueqing ZhangChina International Capital Corporation Limited
Yi Jing WeiCitigroup Inc
Yang YouCLSA