36Kr Holdings
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
2.51
Price/Sales ratio
0.28
Earnings per Share (EPS)
$1.86

Historical Multiples (2017 – 2022)

2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
8.04K-584.78-53.12268.474.92-584.78
Price/Sales ratio
528.7523.1138.3718.260.8238.37
Price/Book Value ratio
-154.7723.7738.9717.420.7938.97
Price/Cash Flow ratio
-5.56K-95.33-866.61-1.18K-2.51-95.33
Price/Free Cash Flow ratio
-5.38K-92.55-762.04-886.53-2.42-92.55
Price/Earnings Growth ratio
N/A2.18-0.18-2.160.250.25
Dividend Yield
N/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
49.58%41.99%32.42%57.25%61.73%41.99%
Operating Profit Margin
9.13%-3.48%-68.75%-13.81%-3.05%-3.48%
Pretax Profit Margin
9.81%-0.91%-71.25%7.13%17.48%-0.91%
Net Profit Margin
6.57%-3.95%-72.22%6.80%16.74%-3.95%
Effective Tax Rate
33.03%-330.55%-1.36%1.56%0.44%-330.55%
Return on Assets
3.57%-2.84%-48.28%3.84%10.67%-2.84%
Return On Equity
-1.92%-4.06%-73.35%6.49%17.06%-4.06%
Return on Capital Employed
6.22%-3.55%-66.24%-12.33%-2.87%-3.55%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/A2.27N/A
Quick Ratio
4.753.022.901.892.162.90
Cash ratio
1.010.660.340.670.580.58
Days of Sales Outstanding
196.67302.39287.78224.53225.32287.78
Days of Inventory outstanding
28.7539.0721.500.26N/A21.50
Operating Cycle
225.43341.47309.29224.7955.56309.29
Days of Payables Outstanding
63.03133.7390.26141.56126.95126.95
Cash Conversion Cycle
162.40207.73219.0283.2298.37219.02
Debt Ratios
Debt Ratio
N/AN/A0.020.040.320.32
Debt Equity Ratio
N/AN/A0.030.070.480.48
Long-term Debt to Capitalization
N/AN/A0.030.040.000.03
Total Debt to Capitalization
N/AN/A0.030.060.050.05
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/A-1.37-0.19-5.18-1.37
Company Equity Multiplier
-0.531.421.511.681.501.42
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.09-0.24-0.04-0.01-0.32-0.04
Free Cash Flow / Operating Cash Flow Ratio
1.031.031.131.331.031.03
Cash Flow Coverage Ratio
N/AN/A-1.37-0.19-5.18-1.37
Short Term Coverage Ratio
N/AN/AN/A-0.50-5.23N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/A