XML 53 R34.htm IDEA: XBRL DOCUMENT
v3.25.1

Nature of Operations and Reorganization (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Nature of Operations and Reorganization |
Schedule of ownership structure of the major subsidiaries and VIE | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Percentage of | ​ | ​
​ | ​ | ​ | ​ | Direct or Indirect | ​ | ​
​ | ​ | Place and year of | ​ | Economic | ​ | ​
Major subsidiaries |  | Incorporation |  | Ownership |  | Principal activities
36Kr Holding Limited (“36Kr BVI” or “BVI Subsidiary”) | ​ | British Virgin Islands, established in 2018 | ​ | 100 | % | Investment holding
36Kr Holdings (HK) Limited (“36Kr HK” or “HK Subsidiary”) | ​ | Hong Kong, established in 2018 | ​ | 100 | % | Investment holding
Tianjin Duoke Investment Co., Ltd. (“Tianjin Duoke”) | ​ | The PRC, established in 2019 | ​ | 100 | % | Investment holding
Tianjin Dake Information Technology Co., Ltd. (“Tianjin Dake”) |  | The PRC, established in 2019 |  | 100 | % | Management consulting
Beijing Dake |  | The PRC, established in 2019 |  | 100 | % | Management consulting
Nanjing Dake Information Technology Co., Ltd. (“Nanjing Dake”) | ​ | The PRC, established in 2021 | ​ | 100 | % | Management consulting
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | Percentage of | ​ | ​
​ | ​ | Place and year of | ​ | Economic | ​ | ​
VIE |  | Incorporation |  | Ownership |  | Principal activities
Beijing Duoke |  | The PRC, established in 2016 |  | 99 | % | 36Kr Business
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Percentage of | ​ | ​
​ | ​ | Place and year of | ​ | Economic | ​ | ​
VIE Major subsidiaries |  | Incorporation |  | Ownership |  | Principal activities
Zhejiang Pinxin Technology Co., Ltd. |  | The PRC, established in 2019 |  | 99 | % | Investment holding
Schedule of financial information of the Group's VIE and the VIE's subsidiaries included in the accompanying consolidated financial statements | ​
​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31,
​ | ​ | 2023 | ​ | 2024
​ |  | RMB’000 |  | RMB’000
Current assets: |  |  |  |
Cash and cash equivalents |  | 27,413 |  | 23,868
Restricted cash | ​ | — | ​ | 822
Short‑term investments |  | 36,850 |  | 54,867
Accounts receivable, net |  | 139,408 |  | 65,617
Amounts due from the Company and its subsidiaries | ​ | 19,004 | ​ | 38,442
Receivables due from related parties of the Group |  | — |  | 20
Prepayments and other current assets |  | 15,292 |  | 17,527
Non‑current assets: |  | ​ |  | ​
Property and equipment, net |  | 7,365 |  | 5,817
Intangible assets, net |  | 2,079 |  | 1,483
Long-term investments, net | ​ | 131,467 | ​ | 64,233
Operating lease right-of-use assets, net |  | 34,454 |  | 18,606
Total assets |  | 413,332 |  | 291,302
Current liabilities: |  | ​ |  | ​
Accounts payable |  | 60,376 |  | 59,835
Salary and welfare payables |  | 25,605 |  | 19,222
Taxes payable |  | 2,841 |  | —
Deferred revenue |  | 23,428 |  | 19,301
Amounts due to the Company and its subsidiaries | ​ | 141,457 | ​ | 198,175
Amounts due to related parties of the Group |  | 261 |  | 789
Accrued liabilities and other payables | ​ | 20,634 | ​ | 11,145
Short-term bank loan | ​ | 9,950 | ​ | 4,000
Operating lease liabilities | ​ | 8,953 | ​ | 7,860
Non-current liabilities: | ​ | ​ | ​ | ​
Operating lease liabilities | ​ | 26,826 |  | 11,743
Other non-current liabilities | ​ | 174 | ​ | —
Total liabilities |  | 320,505 |  | 332,070
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year Ended December 31,
​ | ​ | 2022 | ​ | 2023 |  | 2024
​ |  | RMB’000 |  | RMB’000 |  | RMB’000
Third-party revenues |  | 320,526 |  | 340,058 | ​ | 231,070
Cost of revenues | ​ | (211,698) | ​ | (212,747) | ​ | (151,908)
Gross profit | ​ | 108,828 | ​ | 127,311 | ​ | 79,162
Operating expenses | ​ | (131,984) | ​ | (198,610) | ​ | (146,241)
Loss from operations | ​ | (23,156) | ​ | (71,299) | ​ | (67,079)
Gain on disposal of subsidiaries | ​ | 38,019 | ​ | 3,366 | ​ | 839
Share of income/(loss) from equity method investments | ​ | 523 | ​ | (546) | ​ | (3,070)
Long-term investments income/(loss), net | ​ | 15,964 | ​ | (8,079) | ​ | (62,763)
Short-term investments income | ​ | 1,262 | ​ | 706 | ​ | 462
Others, net | ​ | 9,402 | ​ | 7,689 | ​ | 1,121
Income/(Loss) before income tax | ​ | 42,014 | ​ | (68,163) | ​ | (130,490)
Income tax (expense)/credit | ​ | (361) | ​ | 43 | ​ | (64)
Net income/(loss) |  | 41,653 |  | (68,120) | ​ | (130,554)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year Ended December 31,
​ | ​ | 2022 | ​ | 2023 |  | 2024
​ |  | RMB’000 |  | RMB’000 |  | RMB’000
Net cash provided/(used in) by operating activities |  | 77,322 |  | (123,798) | ​ | 23,276
Purchase of short-term investments | ​ | (417,490) | ​ | (312,270) | ​ | (160,034)
Proceeds from maturities of short-term investments | ​ | 494,709 | ​ | 296,221 | ​ | 141,242
Investment in long-term investments | ​ | (38,970) | ​ | (9,500) | ​ | (4,050)
Cash received from disposal of an equity investee | ​ | — | ​ | — | ​ | 5,450
Loan collected from related parties | ​ | 2,000 | ​ | — | ​ | —
Loan collected from inter-company entities | ​ | 100 | ​ | — | ​ | —
Loan paid to inter-Company entities | ​ | — | ​ | — | ​ | (17,000)
Cash received from customer in relation to advertisement agent services | ​ | 70,208 | ​ | 68,838 | ​ | 15,984
Cash paid on behalf of the customer in relation to advertisement agent services | ​ | (64,054) | ​ | — | ​ | —
Net cash upon disposal of subsidiaries | ​ | — | ​ | — | ​ | (2,992)
Others | ​ | (3,361) | ​ | (4,571) | ​ | (1,674)
Net cash provided/(used in) by investing activities | ​ | 43,142 | ​ | 38,718 | ​ | (23,074)
Capital injection from noncontrolling interest shareholders | ​ | 174 | ​ | 255 | ​ | —
Proceeds from loans provided by inter-company entities | ​ | — | ​ | 25,400 | ​ | 8,000
Repayments of loans provided by inter-company entities | ​ | (65,876) | ​ | (15,147) | ​ | (1,300)
Dividends to non-controlling shareholder of a subsidiary | ​ | — | ​ | — | ​ | (3,675)
Others | ​ | 4,950 | ​ | 226 | ​ | (5,950)
Net cash (used in)/provided by financing activities | ​ | (60,752) | ​ | 10,734 | ​ | (2,925)
Increase/(Decrease) in cash, cash equivalents and restricted cash |  | 59,712 |  | (74,346) | ​ | (2,723)
Cash, cash equivalents and restricted cash at beginning of year |  | 42,047 |  | 101,759 | ​ | 27,413
Cash, cash equivalents and restricted cash at end of year | ​ | 101,759 | ​ | 27,413 | ​ | 24,690

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the key aspects of a subsidiary (partnership, corporation, or other entity) of the limited liability company or limited partnership. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-5A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-9 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-4 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-6 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration