m-Benzoquinones are often regarded as unstable materials in the form of radicals. Herein, an air-stable small molecular m-benzoquinone (4,6-diamino-1,3-benzoquinone (4,6DA1,3BQ)) without bulky groups or large conjugated systems are reported and its chemical structure and state are profoundly elucidated by a series of substantial investigations, indicating the presence as zwitterions rather than diradicals. The deep study indicated that the m-benzoquinone structure of 4,6DA1,3BQ was stabilized through the combination of hydrogen bonding and electron delocalization. Due to the presence of hydrogen bonding and zwitterions, the solubility and electrochemical performance hence were strongly dependent on the intermolecular interactions between the materials and the electrolyte compositions (Li salt, solvent and concentration). The 4,6DA1,3BQ could undergo the reversible transformation from more zwitterion structures to more conjugated benzene nature after storage of Li ions. These results provide insights into the chemistry of 4,6DA1,3BQ and promote the further development of new materials of m-benzoquinone for various applications.