36Kr Holdings (KRKR) Cash Flow: Operating & Free Cash Flow

36Kr Holdings Cash Flow Statement Analysis

Values in millions CNY

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for 36Kr Holdings Inc. (KRKR) - Annual data in millions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	11.43	-140.79	-89.25	22.64	-90.61	-280.23	-280.23	-850.44	-80.57	5.09
Depreciation & Amortization	10.43	10.15	2.00	15.53	2.66	5.60	5.60	4.23	1.60	0.49
Stock Based Compensation	0.01	-0.18	4.67	13.89	15.02	39.28	39.28	91.17	5.11	4.89
Change in Working Capital	-6.29	-0.51	-84.10	26.26	237.62	118.32	38.93	-363.84	-114.36	-49.50
Change in Accounts Receivable	-3.38	24.80	-38.14	6.34	239.70	108.16	108.16	-365.77	-121.54	-60.80
Change in Accounts Payable	-17.05	-5.86	6.91	-9.36	-8.38	0.00	-73.55	0.00	0.00	0.00
Change in Other Working Capital	10.08	-10.45	-25.38	13.61	-11.77	10.15	10.15	1.94	7.18	11.31
Other Operating Activities	3.43	105.92	44.51	13.61	30.28	99.92	19.69	959.94	142.61	27.59
Net Cash from Operating Activities	19.01	-32.99	-122.16	-4.99	194.96	-17.13	-17.13	-158.94	-45.60	-11.44
Investing Activities
Capital Expenditures	-0.15	-0.49	-5.38	-1.66	-1.75	-2.35	-2.19	-4.78	-16.68	-0.39
Acquisitions	3.20	-4.18	0.00	-1.71	-0.43	-0.43	-0.43	-46.27	0.27	-3.50
Purchases of Investments	-284.94	-249.80	-390.00	-496.46	-690.16	-749.89	-61.51	-817.45	-544.60	-130.00
Sales/Maturities of Investments	326.82	265.51	346.65	534.98	689.08	688.38	-0.16	878.38	504.98	28.00
Other Investing Activities	3.10	15.98	68.84	6.45	-154.74	0.00	-	0.00	-0.27	-105.50
Net Cash from Investing Activities	48.02	32.48	20.17	43.31	-158.00	-64.29	-64.29	9.89	-56.29	-105.89
Financing Activities
Debt Repayment	-20.00	-9.95	-14.95	-5.00	-5.00	0.00	-	-0.22	-0.98	0.98
Common Stock Issued	0.00	0.02	0.00	0.00	0.01	0.00	0.01	109.05	0.00	0.00
Common Stock Repurchased	0.00	0.00	0.00	0.00	-5.78	-33.37	-11.75	-2.33	0.00	0.00
Other Financing Activities	-0.20	-3.68	0.48	0.17	0.75	0.53	-21.10	171.84	105.70	162.00
Net Cash from Financing Activities	9.75	-3.61	0.48	5.12	-0.02	-32.84	-32.84	278.34	104.72	162.98
Summary
Effect of Forex Changes on Cash	-0.23	0.25	0.36	2.20	-0.82	-2.78	-	-0.38	0.50	117.34
Net Change in Cash	76.55	-3.88	-101.15	45.65	36.12	-117.03	-117.03	128.91	3.33	162.98
Cash at Beginning of Period	37.59	41.46	142.61	96.97	60.85	177.88	-	48.97	45.64	-117.34
Cash at End of Period	114.14	37.59	41.46	142.61	96.97	60.85	-	177.88	48.97	45.64
Free Cash Flow	18.86	-33.48	-127.54	-6.65	193.21	-19.48	-19.31	-163.71	-62.27	-11.84
Supplemental Disclosures
Income Taxes Paid	-	0.21	0.09	0.17	0.31	-	13.57	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About 36Kr Holdings Cash Flow

What is 36Kr Holdings's free cash flow?

36Kr Holdings generated free cash flow of CNY 18.86M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of CNY 19.01M minus CNY 149.00K of capital expenditures. Free cash flow equaled 8.3% of revenue.

How much does 36Kr Holdings spend on capital expenditures?

36Kr Holdings spent CNY 149.00K on capital expenditures in fiscal 2025, compared with CNY 486.00K a year earlier. That equals 0.8% of operating cash flow.

Does 36Kr Holdings pay dividends or buy back shares?

36Kr Holdings's cash flow statement for fiscal 2025 shows no dividend payments or share repurchases.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition