Communication Services · Internet Content & Information
Price
$2.74
Market Cap
$4.9M
Employees
301
Beta
0.46
Avg Volume
26,940
CEO
Dagang Feng
Business Description
Operating out of Beijing, People's Republic of China, 36Kr Holdings Inc., established in 2010, specializes in delivering a dual offering of journalistic content and commercial services. Its primary content division generates and circulates diverse informational resources. This includes in-depth corporate analyses, up-to-the-minute market intelligence, and insightful editorials and commentaries covering key sectors like technology, consumer goods and retail, and healthcare. Beyond content, 36Kr provides a robust suite of business services. These encompass digital advertising solutions, specialized corporate support such as integrated marketing, advertising agency functions, event organization, and advisory services. They also offer membership-based access to their platform, catering to private subscribers, investment firms, and various corporate clients.
Business History
Price Overview
Last updated: Jun 27, 2026 9:03am (just now)$2.74
+0.15 (+5.60%)
Day Range
$2.54 – $2.74
52-Week Range
$2.52 – $21.36
50-Day MA
$3.41
200-Day MA
$4.58
Volume
5,029.00
Share Structure
Outstanding
1,781,645.00
Float
1,130,709.00
Free Float
63.5%
Normal free float
— 63.5% of shares trade freely, ~36.5% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Small absolute float (1.1M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
3.62
Stock Price: $2.74
EPS (Diluted): 5.00
EPS (Diluted): 5.00
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.55
Stock Price: $2.74
Total Equity: $128.87M
Shares: 2,120,046
Total Equity: $128.87M
Shares: 2,120,046
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-2.02
Market Cap: $4.87M
Total Debt: $19.95M
Cash: $114.21M
EBITDA: $20.62M
Total Debt: $19.95M
Cash: $114.21M
EBITDA: $20.62M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
-$4.3M
Market Cap: $4.87M
Total Debt: $19.95M
Cash: $114.21M
Total Debt: $19.95M
Cash: $114.21M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
57.7%
Gross Profit: $127.91M
Revenue: $221.73M
Revenue: $221.73M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
4.4%
Operating Income: $9.75M
Revenue: $221.73M
Revenue: $221.73M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
4.9%
Net Income: $10.86M
Revenue: $221.73M
Revenue: $221.73M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
8.8%
Net Income: $10.86M
Total Equity: $128.87M
Total Equity: $128.87M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
5.8%
Operating Income: $9.75M
Tax Rate: 0.2%
Equity: $128.87M
Total Debt: $19.95M
Cash: $114.21M
Tax Rate: 0.2%
Equity: $128.87M
Total Debt: $19.95M
Cash: $114.21M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.21
Current Assets: $189.99M
Current Liabilities: $157.09M
Current Liabilities: $157.09M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.15
Short-Term Debt: $19.95M
Long-Term Debt: $0.00
Total Debt: $19.95M
Total Equity: $128.87M
Long-Term Debt: $0.00
Total Debt: $19.95M
Total Equity: $128.87M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$104.59
Revenue: $221.73M
Shares: 2,120,046
Shares: 2,120,046
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$60.79
Total Equity: $128.87M
Shares: 2,120,046
Shares: 2,120,046
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$8.90
Operating CF: $19.01M
CapEx: -$149,000
Shares: 2,120,046
CapEx: -$149,000
Shares: 2,120,046
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $2.74
Stock Price: $2.74
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $10.86M
Net Income: $10.86M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares KRKR against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 6:37am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $316.8M | $322.5M | $340.2M | $231.1M | $221.7M |
| Cost of Revenue | $128.8M | $137.8M | $158.2M | $118.7M | $93.8M |
| Gross Profit | $187.9M | $184.6M | $182.0M | $112.3M | $127.9M |
| Operating Expenses | $278.7M | $163.7M | $276.2M | $190.1M | $118.2M |
| Operating Income | -$94.1M | -$44.5M | -$94.2M | -$77.8M | $9.7M |
| Net Income | -$89.6M | $21.9M | -$90.0M | -$136.6M | $10.9M |
| EBITDA | -$91.4M | -$25.6M | -$79.8M | -$67.1M | $20.6M |
| EPS | $-54.50 | $13.25 | $-54.00 | $-81.75 | $5.00 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 6:37am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $97.0M | $142.5M | $41.5M | $36.8M | $114.2M |
| Total Current Assets | $442.5M | $399.4M | $272.5M | $175.4M | $190.0M |
| Total Assets | $501.7M | $571.4M | $459.0M | $276.2M | $297.7M |
| Current Liabilities | $193.9M | $210.3M | $170.1M | $146.2M | $157.1M |
| Long-Term Debt | $586,000 | $0 | $0 | $0 | $0 |
| Total Liabilities | $194.5M | $226.0M | $197.1M | $157.9M | $168.5M |
| Total Equity | $299.4M | $338.1M | $252.0M | $118.0M | $128.9M |
| Retained Earnings | -$1.7B | -$1.7B | -$1.8B | -$1.9B | -$1.9B |
Cash Flow (Annual)
Last updated: Jun 24, 2026 6:37am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $195.0M | -$5.0M | -$122.2M | -$33.0M | $19.0M |
| Capital Expenditure | -$2.2M | -$1.7M | -$5.4M | $-486,000 | $-149,000 |
| Free Cash Flow | $192.8M | -$6.6M | -$127.6M | -$33.5M | $18.9M |
| Acquisitions (net) | $-433,000 | -$1.7M | $0 | $1.3M | $3.2M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$5.8M | $0 | $0 | $0 | $0 |
| Net Change in Cash | $36.1M | $45.6M | -$101.1M | -$3.9M | $76.6M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:03am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue |
$320.0M $317.6M – $347.6M
|
$355.7M $355.7M – $355.7M
|
$486.7M $486.7M – $486.7M
|
$639.9M $639.9M – $639.9M
|
| EBITDA |
-$94.8M -$102.9M – -$94.1M
|
-$105.4M -$105.4M – -$105.4M
|
-$77.9M -$77.9M – -$77.9M
|
-$102.4M -$102.4M – -$102.4M
|
| Net Income |
$39.8M $39.8M – $39.8M
|
$13.3M $13.3M – $13.3M
|
$67.8M $67.8M – $67.8M
|
$80.5M $80.5M – $80.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 6:37am (3d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +1.8% | +5.5% | -32.1% | -4.0% |
| Gross Profit Growth | -1.7% | -1.4% | -38.3% | +13.9% |
| Operating Income Growth | +52.7% | -111.5% | +17.5% | +112.5% |
| Net Income Growth | +124.5% | -510.1% | -51.8% | +107.9% |
| EBITDA Growth | +72.0% | -212.3% | +15.9% | +130.7% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-31 | Xu Jing | 0.00 | $0.00 | $0 | |
| 2026-03-19 | LI YANG SYLVIA | M-Exempt | 1,501.00 | $4.28 | $6,424 |
| 2026-03-20 | LI YANG SYLVIA | M-Exempt | 100.00 | $4.43 | $443 |
| 2026-03-18 | LI YANG SYLVIA | 0.00 | $0.00 | $0 | |
| 2019-11-07 | Sin Hendrick | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Xu Wei | 875,000.00 | $0.00 | $88 | |
| 2026-03-18 | LI YANG SYLVIA | 1,500,000.00 | $0.00 | $150 | |
| 2026-03-18 | Feng Dagang | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Feng Dagang | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Feng Dagang | 5,000,000.00 | $0.00 | $500 | |
| 2026-03-18 | LI XIANG NEIL | 350,000.00 | $0.00 | $35 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for KRKR — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30