Diluted 297,742,064 279,241,647 277,309,431 277,309,431 302,063,397 279,367,448 279,367,448
ZHIHU INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (CONTINUED)
(All amounts in thousands, except share, ADS, per share data and per ADS data)
For the Three Months Ended For the Nine Months Ended
-------------------------------------
June
September 30, September 30, September September 30,
30, 2023 2024 2024 30, 2023 2024
RMB RMB RMB US$ RMB RMB US$
Share-based
compensation
expenses
included in:
Cost of
revenues 1,630 750 1,016 145 8,176 4,263 608
Selling and
marketing
expenses 5,741 (6,063) 547 78 20,883 (2,244) (320)
Research and
development
expenses 13,758 4,439 6,233 888 49,904 14,352 2,045
General and
administrative
expenses 27,662 33,515 (14,767) (2,104) 78,193 35,111 5,003
ZHIHU INC.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All amounts in thousands)
As of December 31, As of September 30,
2023 2024
------------------ ---------------------
RMB RMB US$
ASSETS
Current assets:
Cash and cash equivalents 2,106,639 3,214,074 458,002
Term deposits 1,586,469 993,111 141,517
Short-term investments 1,769,822 789,020 112,434
Restricted cash - 51,774 7,378
Trade receivables 664,615 445,288 63,453
Amounts due from related
parties 18,319 48,498 6,911
Prepayments and other current
assets 232,016 207,843 29,617
------------------ ----------- --------
Total current assets 6,377,880 5,749,608 819,312
------------------ ----------- --------
Non-current assets:
Property and equipment, net 10,849 9,625 1,372
Intangible assets, net 122,645 58,048 8,272
Goodwill 191,077 126,344 18,004
Long-term investments, net 44,621 51,177 7,292
Right-of-use assets 40,211 13,327 1,899
Other non-current assets 7,989 456 65
------------------ ----------- --------
Total non-current assets 417,392 258,977 36,904
------------------ ----------- --------
Total assets 6,795,272 6,008,585 856,216
================== =========== ========
LIABILITIES AND SHAREHOLDERS'
EQUITY
Current liabilities
Accounts payable and accrued
liabilities 1,038,531 893,532 127,327
Salary and welfare payables 342,125 226,866 32,328
Taxes payables 21,394 15,093 2,151
Contract liabilities 303,574 278,735 39,719
Amounts due to related parties 26,032 7,849 1,119
Short-term lease liabilities 42,089 16,031 2,284
Short-term borrowings - 51,774 7,378
Other current liabilities 171,743 148,584 21,173
------------------ ----------- --------
Total current liabilities 1,945,488 1,638,464 233,479
------------------ ----------- --------
Non-current liabilities
Long-term lease liabilities 3,642 2,630 375
Deferred tax liabilities 22,574 7,430 1,059
Other non-current liabilities 121,958 14,998 2,137
------------------ ----------- --------
Total non-current
liabilities 148,174 25,058 3,571
------------------ ----------- --------
Total liabilities 2,093,662 1,663,522 237,050
------------------ ----------- --------
Total Zhihu Inc.'s
shareholders' equity 4,599,810 4,289,054 611,185
Noncontrolling interests 101,800 56,009 7,981
------------------ ----------- --------
Total shareholders' equity 4,701,610 4,345,063 619,166
------------------ ----------- --------
Total liabilities and
shareholders' equity 6,795,272 6,008,585 856,216
================== =========== ========
ZHIHU INC.
UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS
(All amounts in thousands)
For the Three Months Ended For the Nine Months Ended
----------------------------------------
September June 30, September 30, September September 30,
30, 2023 2024 2024 30, 2023 2024
RMB RMB RMB US$ RMB RMB US$
Loss from
operations (350,103) (183,871) (84,330) (12,016) (894,067) (492,949) (70,244)
Add:
Share-based
compensation
expenses 48,791 32,641 (6,971) (993) 157,156 51,482 7,336
Amortization
of
intangible
assets
resulting
from
business
acquisitions 5,365 4,115 3,490 497 14,220 12,970 1,848
--------- --------- -------- -------- --------- --------- --------
Adjusted loss
from
operations (295,947) (147,115) (87,811) (12,512) (722,691) (428,497) (61,060)
========= ========= ======== ======== ========= ========= ========
Net loss (278,385) (80,595) (8,977) (1,279) (736,423) (255,368) (36,389)
Add:
Share-based
compensation
expenses 48,791 32,641 (6,971) (993) 157,156 51,482 7,336
Amortization
of
intangible
assets
resulting
from
business
acquisitions 5,365 4,115 3,490 497 14,220 12,970 1,848
Tax effects
on non-GAAP
adjustments (1,069) (756) $(600.SI)$ (85) (2,738) (2,425) (346)
Adjusted net
loss (225,298) (44,595) (13,058) (1,860) (567,785) (193,341) (27,551)
========= ========= ======== ======== ========= ========= ========
View original content:https://www.prnewswire.com/news-releases/zhihu-inc-reports-unaudited-third-quarter-2024-financial-results-302316322.html
SOURCE Zhihu Inc.
(END) Dow Jones Newswires
November 26, 2024 04:05 ET (09:05 GMT)
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