KANZHUN LIMITED Announces Fourth Quarter and Full Year 2024 Financial Results
Rhea-AI Summary
KANZHUN (BZ) reported strong financial results for Q4 and full year 2024. Total paid enterprise customers reached 6.1 million, up 17.3% year-over-year, while average monthly active users grew to 52.7 million in Q4, a 27.9% increase.
Full-year 2024 revenues rose 23.6% to RMB7,355.7 million (US$1,007.7 million). Net income surged 42.6% to RMB1,567.0 million (US$214.7 million). The company's adjusted operating margin reached a record high of 31.5%.
The company enhanced its technological capabilities by launching Nanbeige, their recruitment-specific large language model, and implementing AI-powered solutions. In Q4 2024, they repurchased over US$90 million of shares, with total 2024 repurchases reaching US$229 million.
For Q1 2025, KANZHUN expects revenues between RMB1.90-1.92 billion, projecting 11.5-12.7% year-over-year growth.
Positive
- Revenue growth of 23.6% YoY to RMB7.36 billion in 2024
- Net income increased 42.6% YoY to RMB1.57 billion
- Record high adjusted operating margin of 31.5%
- Monthly active users grew 27.9% to 52.7 million in Q4
- Paid enterprise customers increased 17.3% to 6.1 million
Negative
- Q1 2025 revenue growth guidance of 11.5-12.7% shows deceleration from 2024's 23.6%
- Operating expenses increased 15.1% YoY
- General and administrative expenses rose significantly by 34.7%
News Market Reaction
On the day this news was published, BZ gained 4.94%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BEIJING, March 11, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2024.
Fourth Quarter and Full Year 2024 Highlights
- Total paid enterprise customers1 in the twelve months ended December 31, 2024 were 6.1 million, an increase of
17.3% from 5.2 million in the twelve months ended December 31, 2023. - Average monthly active users (MAU)2 for the fourth quarter of 2024 were 52.7 million, an increase of
27.9% from 41.2 million for the same quarter of 2023.
Average MAU for the full year of 2024 were 53.0 million, an increase of25.3% from 42.3 million for the full year of 2023.
- Revenues for the fourth quarter of 2024 were RMB1,823.6 million (US
$249.8 million ), an increase of15.4% from RMB1,580.2 million for the same quarter of 2023.
Revenues for the full year of 2024 were RMB7,355.7 million (US$1,007.7 million ), an increase of23.6% from RMB5,952.0 million for the full year of 2023.
- Income from operations for the fourth quarter of 2024 was RMB380.6 million (US
$52.1 million ), an increase of71.2% from RMB222.3 million for the same quarter of 2023. Adjusted income from operations3 for the fourth quarter of 2024 was RMB658.8 million (US$90.3 million ), an increase of26.8% from RMB519.7 million for the same quarter of 2023.
Income from operations for the full year of 2024 was RMB1,172.9 million (US$160.7 million ), an increase of101.9% from RMB581.0 million for the full year of 2023. Adjusted income from operations for the full year of 2024 was RMB2,316.6 million (US$317.4 million ), an increase of41.4% from RMB1,637.9 million for the full year of 2023.
- Net income for the fourth quarter of 2024 was RMB444.2 million (US
$60.9 million ), an increase of34.1% from RMB331.2 million for the same quarter of 2023. Adjusted net income3 for the fourth quarter of 2024 was RMB722.4 million (US$99.0 million ), an increase of14.9% from RMB628.6 million for the same quarter of 2023.
Net income for the full year of 2024 was RMB1,567.0 million (US$214.7 million ), an increase of42.6% from RMB1,099.2 million for the full year of 2023. Adjusted net income for the full year of 2024 was RMB2,710.7 million (US$371.4 million ), an increase of25.7% from RMB2,156.2 million for the full year of 2023.
Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, “Over the past year, we have remained steadfast in our user-first principle, enhancing product capabilities and service efficiency through technological empowerment while deepening our understanding of user needs. Amidst a fluctuant industry environment, our user-centric growth strategy has driven structural business progress, achieving dual improvement in both revenue and profitability. Technological capability and innovation remain our core DNA. By integrating our proprietary model “Nanbeige”, the first recruitment-specific large language model, and the deployment of DeepSeek, we have successfully launched a series of AI powered products and solutions, including AI agent, for both job seekers and recruiters. These advancements position us at the vanguard of exploring frontier AI applications that are reshaping the future of online recruitment.”
Mr. Phil Yu Zhang, Chief Financial Officer of the Company, elaborated, “We are pleased to achieve solid sets of financial result. In 2024, our revenues grew by
_________________________
1 Paid enterprise customers are defined as enterprise users and company accounts from which we recognize revenues for our online recruitment services.
2 Monthly active users refer to the number of verified user accounts, including both job seekers and enterprise users, that logged on to our mobile application in a given month at least once.
3 It is a non-GAAP financial measure, excluding the impact of share-based compensation expenses. For more information about the non-GAAP financial measures, please see the section of “Non-GAAP Financial Measures.”
Fourth Quarter 2024 Financial Results
Revenues
Revenues were RMB1,823.6 million (US
- Revenues from online recruitment services to enterprise customers were RMB1,804.1 million (US
$247.2 million ) for the fourth quarter of 2024, representing an increase of15.2% from RMB1,566.7 million for the same quarter of 2023. This increase was mainly driven by the paid enterprise user growth. - Revenues from other services, which mainly comprise paid value-added services offered to job seekers, were RMB19.5 million (US
$2.7 million ) for the fourth quarter of 2024, representing an increase of44.4% from RMB13.5 million for the same quarter of 2023, mainly benefiting from expanded user base.
Operating cost and expenses
Total operating cost and expenses were RMB1,456.3 million (US
- Cost of revenues was RMB313.7 million (US
$43.0 million ) for the fourth quarter of 2024, representing an increase of14.2% from RMB274.8 million for the same quarter of 2023, primarily due to increases in cost related to other businesses. - Sales and marketing expenses were RMB426.3 million (US
$58.4 million ) for the fourth quarter of 2024, representing a decrease of1.7% from RMB433.5 million for the same quarter of 2023, primarily due to a decrease in advertising and marketing expenses, largely offset by an increase in employee-related expenses. - Research and development expenses were RMB440.4 million (US
$60.3 million ) for the fourth quarter of 2024, representing an increase of2.4% from RMB430.2 million for the same quarter of 2023, primarily due to an increase in investments in technology, largely offset by a decrease in employee-related expenses. - General and administrative expenses were RMB275.8 million (US
$37.8 million ) for the fourth quarter of 2024, representing an increase of22.7% from RMB224.8 million for the same quarter of 2023, primarily due to an increase in employee-related expenses.
Income from operations and adjusted income from operations
Income from operations was RMB380.6 million (US
Adjusted income from operations was RMB658.8 million (US
Net income and adjusted net income
Net income was RMB444.2 million (US
Adjusted net income was RMB722.4 million (US
Net income per American depositary share (“ADS”) and adjusted net income per ADS
Basic and diluted net income per ADS attributable to ordinary shareholders for the fourth quarter of 2024 were RMB1.03 (US
Adjusted basic and diluted net income per ADS attributable to ordinary shareholders3 for the fourth quarter of 2024 were RMB1.67 (US
Net cash provided by operating activities
Net cash provided by operating activities was RMB956.1 million (US
Cash position
Balance of cash and cash equivalents, short-term time deposits and short-term investments was RMB14,681.1 million (US
Full Year 2024 Financial Results
Revenues
Revenues were RMB7,355.7 million (US
- Revenues from online recruitment services to enterprise customers were RMB7,270.0 million (US
$996.0 million ) for the full year of 2024, representing an increase of23.4% from RMB5,889.1 million for the full year of 2023. This increase was mainly driven by the paid enterprise user growth. - Revenues from other services, which mainly comprise paid value-added services offered to job seekers, were RMB85.7 million (US
$11.7 million ) for the full year of 2024, representing an increase of36.2% from RMB62.9 million for the full year of 2023, mainly benefiting from expanded user base.
Operating cost and expenses
Total operating cost and expenses were RMB6,222.5 million (US
- Cost of revenues was RMB1,239.7 million (US
$169.8 million ) for the full year of 2024, representing an increase of17.0% from RMB1,059.9 million for the full year of 2023, primarily due to increases in server and bandwidth cost, payment processing cost and cost related to other businesses. - Sales and marketing expenses were RMB2,073.1 million (US
$284.0 million ) for the full year of 2024, representing an increase of4.1% from RMB1,991.2 million for the full year of 2023, primarily due to an increase in employee-related expenses, partially offset by a decrease in advertising and marketing expenses. - Research and development expenses were RMB1,815.8 million (US
$248.8 million ) for the full year of 2024, representing an increase of17.6% from RMB1,543.6 million for the full year of 2023, primarily due to an increase in investments in technology. - General and administrative expenses were RMB1,093.9 million (US
$149.9 million ) for the full year of 2024, representing an increase of34.7% from RMB811.8 million for the full year of 2023, primarily due to an increase in employee-related expenses.
Income from operations and adjusted income from operations
Income from operations was RMB1,172.9 million (US
Adjusted income from operations was RMB2,316.6 million (US
Net income and adjusted net income
Net income was RMB1,567.0 million (US
Adjusted net income was RMB2,710.7 million (US
Net income per ADS and adjusted net income per ADS
Basic and diluted net income per ADS attributable to ordinary shareholders for the full year of 2024 were RMB3.59 (US
Adjusted basic and diluted net income per ADS attributable to ordinary shareholders for the full year of 2024 were RMB6.19 (US
Net cash provided by operating activities
Net cash provided by operating activities was RMB3,542.5 million (US
Share Repurchase Program
In August 2024, the Company’s board of directors authorized a new share repurchase program effective from August 29, 2024 for a 12-month period, under which the Company may repurchase up to US
The Company has repurchased more than US
Outlook
For the first quarter of 2025, the Company currently expects its total revenues to be between RMB1.90 billion and RMB1.92 billion, representing a year-on-year increase of
Conference Call Information
The Company will host a conference call at 8:00 AM U.S. Eastern Time on Tuesday, March 11, 2025 (8:00 PM Beijing Time on Tuesday, March 11, 2025) to discuss the financial results.
Participants are required to pre-register for the conference call at:
https://register.vevent.com/register/BIf38866f4e46849c3b6fe1743c4231f65
Upon registration, participants will receive an email containing participant dial-in numbers and a unique personal PIN. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.zhipin.com.
Exchange Rate
This announcement contains translations of certain RMB amounts into U.S. dollar (“US$”) amounts at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the exchange rate of RMB7.2993 to US
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses non-GAAP financial measures, such as adjusted income from operations, adjusted net income, adjusted net income attributable to ordinary shareholders, adjusted basic and diluted net income per ordinary share attributable to ordinary shareholders and adjusted basic and diluted net income per ADS attributable to ordinary shareholders as supplemental measures to review and assess operating performance. The Company defines these non-GAAP financial measures by excluding the impact of share-based compensation expenses, which are non-cash expenses, from the related GAAP financial measures. The Company believes that these non-GAAP financial measures help identify underlying trends in the business and facilitate investors’ assessment of the Company’s operating performance.
The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP information used by other companies. The non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for most directly comparable GAAP financial measures. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures has been provided in the table captioned “Unaudited Reconciliation of GAAP and Non-GAAP Results” at the end of this press release.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About KANZHUN LIMITED
KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.
For investor and media inquiries, please contact:
KANZHUN LIMITED
Investor Relations
Email: ir@kanzhun.com
PIACENTE FINANCIAL COMMUNICATIONS
Email: kanzhun@tpg-ir.com
| KANZHUN LIMITED | ||||||||||||||||||
| Unaudited Condensed Consolidated Statements of Operations | ||||||||||||||||||
| (All amounts in thousands, except share and per share data) | ||||||||||||||||||
| For the three months ended December 31, | For the year ended December 31, | |||||||||||||||||
| 2023 | 2024 | 2023 | 2024 | |||||||||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||||||||
| Revenues | ||||||||||||||||||
| Online recruitment services to enterprise customers | 1,566,722 | 1,804,114 | 247,163 | 5,889,101 | 7,270,026 | 995,989 | ||||||||||||
| Others | 13,509 | 19,492 | 2,670 | 62,927 | 85,651 | 11,734 | ||||||||||||
| Total revenues | 1,580,231 | 1,823,606 | 249,833 | 5,952,028 | 7,355,677 | 1,007,723 | ||||||||||||
| Operating cost and expenses | ||||||||||||||||||
| Cost of revenues(1) | (274,846 | ) | (313,715 | ) | (42,979 | ) | (1,059,861 | ) | (1,239,712 | ) | (169,840 | ) | ||||||
| Sales and marketing expenses(1) | (433,454 | ) | (426,345 | ) | (58,409 | ) | (1,991,226 | ) | (2,073,052 | ) | (284,007 | ) | ||||||
| Research and development expenses(1) | (430,164 | ) | (440,360 | ) | (60,329 | ) | (1,543,568 | ) | (1,815,809 | ) | (248,765 | ) | ||||||
| General and administrative expenses(1) | (224,787 | ) | (275,835 | ) | (37,789 | ) | (811,787 | ) | (1,093,949 | ) | (149,870 | ) | ||||||
| Total operating cost and expenses | (1,363,251 | ) | (1,456,255 | ) | (199,506 | ) | (5,406,442 | ) | (6,222,522 | ) | (852,482 | ) | ||||||
| Other operating income, net | 5,272 | 13,210 | 1,810 | 35,385 | 39,791 | 5,451 | ||||||||||||
| Income from operations | 222,252 | 380,561 | 52,137 | 580,971 | 1,172,946 | 160,692 | ||||||||||||
| Interest and investment income, net | 163,409 | 156,464 | 21,435 | 606,757 | 625,282 | 85,663 | ||||||||||||
| Foreign exchange (loss)/gain | (1,203 | ) | (132 | ) | (18 | ) | 1,088 | (68 | ) | (9 | ) | |||||||
| Other (expenses)/income, net | (4,000 | ) | (1,925 | ) | (264 | ) | 32,973 | 34,500 | 4,726 | |||||||||
| Income before income tax expenses | 380,458 | 534,968 | 73,290 | 1,221,789 | 1,832,660 | 251,072 | ||||||||||||
| Income tax expenses | (49,217 | ) | (90,743 | ) | (12,432 | ) | (122,571 | ) | (265,634 | ) | (36,392 | ) | ||||||
| Net income | 331,241 | 444,225 | 60,858 | 1,099,218 | 1,567,026 | 214,680 | ||||||||||||
| Net loss attributable to non-controlling interests | 9 | 5,383 | 737 | 9 | 17,638 | 2,416 | ||||||||||||
| Net income attributable to ordinary shareholders of KANZHUN LIMITED | 331,250 | 449,608 | 61,595 | 1,099,227 | 1,584,664 | 217,096 | ||||||||||||
| Weighted average number of ordinary shares used in computing net income per share | ||||||||||||||||||
| — Basic | 876,231,301 | 874,099,493 | 874,099,493 | 870,304,878 | 881,882,225 | 881,882,225 | ||||||||||||
| — Diluted | 903,709,325 | 898,715,743 | 898,715,743 | 902,735,995 | 909,228,757 | 909,228,757 | ||||||||||||
| Net income per ordinary share attributable to ordinary shareholders | ||||||||||||||||||
| — Basic | 0.38 | 0.51 | 0.07 | 1.26 | 1.80 | 0.25 | ||||||||||||
| — Diluted | 0.37 | 0.50 | 0.07 | 1.22 | 1.74 | 0.24 | ||||||||||||
| Net income per ADS(2) attributable to ordinary shareholders | ||||||||||||||||||
| — Basic | 0.76 | 1.03 | 0.14 | 2.53 | 3.59 | 0.49 | ||||||||||||
| — Diluted | 0.73 | 1.00 | 0.14 | 2.44 | 3.49 | 0.48 | ||||||||||||
(1) Include share-based compensation expenses as follows:
| For the three months ended December 31, | For the year ended December 31, | |||||||||||
| 2023 | 2024 | 2023 | 2024 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Cost of revenues | 11,417 | 10,080 | 1,381 | 46,395 | 43,332 | 5,936 | ||||||
| Sales and marketing expenses | 69,836 | 71,209 | 9,756 | 262,431 | 280,668 | 38,451 | ||||||
| Research and development expenses | 113,832 | 106,079 | 14,533 | 418,769 | 421,411 | 57,733 | ||||||
| General and administrative expenses | 102,321 | 90,830 | 12,444 | 329,372 | 398,274 | 54,563 | ||||||
| Total | 297,406 | 278,198 | 38,114 | 1,056,967 | 1,143,685 | 156,683 | ||||||
(2) Each ADS represents two Class A ordinary shares.
| KANZHUN LIMITED | ||||||
| Unaudited Condensed Consolidated Balance Sheets | ||||||
| (All amounts in thousands) | ||||||
| As of December 31, | ||||||
| 2023 | 2024 | |||||
| RMB | RMB | US$ | ||||
| ASSETS | ||||||
| Current assets | ||||||
| Cash and cash equivalents | 2,472,959 | 2,553,090 | 349,772 | |||
| Short-term time deposits | 6,922,803 | 5,488,631 | 751,939 | |||
| Short-term investments | 3,513,885 | 6,639,389 | 909,593 | |||
| Accounts and notes receivable, net | 16,727 | 40,713 | 5,578 | |||
| Inventories | - | 3,042 | 417 | |||
| Amounts due from related parties | 3,966 | 7,258 | 994 | |||
| Prepayments and other current assets | 442,697 | 368,260 | 50,451 | |||
| Total current assets | 13,373,037 | 15,100,383 | 2,068,744 | |||
| Non-current assets | ||||||
| Long-term investments | 2,473,128 | 1,914,530 | 262,290 | |||
| Property, equipment and software, net | 1,793,488 | 1,733,786 | 237,528 | |||
| Right-of-use assets, net | 282,612 | 302,856 | 41,491 | |||
| Intangible assets, net | 8,093 | 252,589 | 34,605 | |||
| Goodwill | 5,690 | 6,528 | 894 | |||
| Other non-current assets | 4,000 | - | - | |||
| Total non-current assets | 4,567,011 | 4,210,289 | 576,808 | |||
| Total assets | 17,940,048 | 19,310,672 | 2,645,552 | |||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||
| Current liabilities | ||||||
| Accounts payable | 629,216 | 110,668 | 15,162 | |||
| Deferred revenue | 2,794,075 | 3,084,839 | 422,621 | |||
| Other payables and accrued liabilities | 779,046 | 815,767 | 111,760 | |||
| Operating lease liabilities, current | 155,014 | 180,782 | 24,767 | |||
| Total current liabilities | 4,357,351 | 4,192,056 | 574,310 | |||
| Non-current liabilities | ||||||
| Operating lease liabilities, non-current | 125,079 | 121,345 | 16,624 | |||
| Deferred tax liabilities | 28,425 | 34,451 | 4,720 | |||
| Total non-current liabilities | 153,504 | 155,796 | 21,344 | |||
| Total liabilities | 4,510,855 | 4,347,852 | 595,654 | |||
| Total shareholders’ equity | 13,429,193 | 14,962,820 | 2,049,898 | |||
| Total liabilities and shareholders’ equity | 17,940,048 | 19,310,672 | 2,645,552 | |||
| KANZHUN LIMITED | ||||||||||||||||||
| Unaudited Condensed Consolidated Statements of Cash Flows | ||||||||||||||||||
| (All amounts in thousands) | ||||||||||||||||||
| For the three months ended December 31, | For the year ended December 31, | |||||||||||||||||
| 2023 | 2024 | 2023 | 2024 | |||||||||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||||||||
| Net cash provided by operating activities | 926,837 | 956,108 | 130,986 | 3,047,009 | 3,542,495 | 485,320 | ||||||||||||
| Net cash used in investing activities | (489,496 | ) | (723,128 | ) | (99,068 | ) | (9,938,645 | ) | (2,016,899 | ) | (276,314 | ) | ||||||
| Net cash used in financing activities | (442,151 | ) | (520,351 | ) | (71,288 | ) | (417,022 | ) | (1,460,539 | ) | (200,093 | ) | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 33,149 | 24,303 | 3,330 | 29,793 | 15,074 | 2,065 | ||||||||||||
| Net increase/(decrease) in cash and cash equivalents | 28,339 | (263,068 | ) | (36,040 | ) | (7,278,865 | ) | 80,131 | 10,978 | |||||||||
| Cash and cash equivalents at beginning of the period | 2,444,620 | 2,816,158 | 385,812 | 9,751,824 | 2,472,959 | 338,794 | ||||||||||||
| Cash and cash equivalents at end of the period | 2,472,959 | 2,553,090 | 349,772 | 2,472,959 | 2,553,090 | 349,772 | ||||||||||||
| KANZHUN LIMITED | ||||||||||||
| Unaudited Reconciliation of GAAP and Non-GAAP Results | ||||||||||||
| (All amounts in thousands, except share and per share data) | ||||||||||||
| For the three months ended December 31, | For the year ended December 31, | |||||||||||
| 2023 | 2024 | 2023 | 2024 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Income from operations | 222,252 | 380,561 | 52,137 | 580,971 | 1,172,946 | 160,692 | ||||||
| Add: Share-based compensation expenses | 297,406 | 278,198 | 38,114 | 1,056,967 | 1,143,685 | 156,683 | ||||||
| Adjusted income from operations | 519,658 | 658,759 | 90,251 | 1,637,938 | 2,316,631 | 317,375 | ||||||
| Net income | 331,241 | 444,225 | 60,858 | 1,099,218 | 1,567,026 | 214,680 | ||||||
| Add: Share-based compensation expenses | 297,406 | 278,198 | 38,114 | 1,056,967 | 1,143,685 | 156,683 | ||||||
| Adjusted net income | 628,647 | 722,423 | 98,972 | 2,156,185 | 2,710,711 | 371,363 | ||||||
| Net income attributable to ordinary shareholders of KANZHUN LIMITED | 331,250 | 449,608 | 61,595 | 1,099,227 | 1,584,664 | 217,096 | ||||||
| Add: Share-based compensation expenses | 297,406 | 278,198 | 38,114 | 1,056,967 | 1,143,685 | 156,683 | ||||||
| Adjusted net income attributable to ordinary shareholders of KANZHUN LIMITED | 628,656 | 727,806 | 99,709 | 2,156,194 | 2,728,349 | 373,779 | ||||||
| Weighted average number of ordinary shares used in computing adjusted net income per share (Non-GAAP) | ||||||||||||
| — Basic | 876,231,301 | 874,099,493 | 874,099,493 | 870,304,878 | 881,882,225 | 881,882,225 | ||||||
| — Diluted | 903,709,325 | 898,715,743 | 898,715,743 | 902,735,995 | 909,228,757 | 909,228,757 | ||||||
| Adjusted net income per ordinary share attributable to ordinary shareholders | ||||||||||||
| — Basic | 0.72 | 0.83 | 0.11 | 2.48 | 3.09 | 0.42 | ||||||
| — Diluted | 0.70 | 0.81 | 0.11 | 2.39 | 3.00 | 0.41 | ||||||
| Adjusted net income per ADS attributable to ordinary shareholders | ||||||||||||
| — Basic | 1.43 | 1.67 | 0.23 | 4.96 | 6.19 | 0.85 | ||||||
| — Diluted | 1.39 | 1.62 | 0.22 | 4.78 | 6.00 | 0.82 | ||||||
FAQ
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