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 ended
June 30, 2024.
Second Quarter 2024
Highlights
-
Revenues for the second quarter of 2024 were
RMB1,916.7 million (US$263.8 million), an increase of 28.8% from
RMB1,487.6 million for the same quarter of 2023.
- Calculated
cash billings1 for the second quarter of
2024 were RMB1,950.7 million (US$268.4 million), an increase of
20.5% from RMB1,619.5 million for the same quarter of 2023.
- Average
monthly active users2 for the second
quarter of 2024 were 54.6 million, an increase of 25.2% from 43.6
million for the same quarter of 2023.
- Total paid
enterprise customers3 in the twelve
months ended June 30, 2024 were 5.9 million, an increase of 31.1%
from 4.5 million in the twelve months ended June 30, 2023.
- Net
income for the second quarter of 2024 was RMB417.3 million
(US$57.4 million), an increase of 34.8% from RMB309.6 million for
the same quarter of 2023. Adjusted net
income4 for the second quarter of 2024
was RMB718.7 million (US$98.9 million), an increase of 26.4% from
RMB568.5 million for the same quarter of 2023.
Mr. Jonathan Peng Zhao, Founder, Chairman, and
Chief Executive Officer of the Company, remarked, “In the second
quarter, the Company’s average monthly active users grew by 25.2%
year over year to 54.6 million, further solidifying our leading
position as the largest online recruitment platform in China.
Despite the macro headwinds, the enterprise user growth brought by
continued user penetration has been the core driving force for us
to achieve steady revenue and profit growth in the second quarter.
Meanwhile, we attach great importance to shareholder returns and
have begun and will continue to increase share repurchase effort,
which also demonstrates our confidence in the Company’s long-term
development in the current environment.”
Mr. Phil Yu Zhang, Chief Financial Officer,
elaborated, “In this quarter, we delivered healthy and sustainable
top-line and bottom-line growth. The Company’s adjusted income from
operation increased by 52.1% year over year. The adjusted operating
margin achieved historical high in this quarter, up 5 percentage
points compared with the same period last year, thanks to the
Company’s superior business model and effective cost control. At
the same time, we continued to invest in technology research and
development. This quarter, research and development expenses
accounted for 23.2% of revenues, continuing to maintain an
industry-leading level.”
_____________________1 Calculated cash billings
is a non-GAAP financial measure, derived by adding the change in
deferred revenue to revenues. For more information about the
non-GAAP financial measures, please see the section of “Non-GAAP
Financial Measures.” 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 Paid enterprise customers are defined as enterprise
users and company accounts from which we recognize revenues for our
online recruitment services.4 Adjusted net income and adjusted
basic and diluted net income per ADS attributable to ordinary
shareholders are non-GAAP financial measures, 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.”
Second Quarter 2024 Financial
Results
Revenues
Revenues were RMB1,916.7 million (US$263.8
million) for the second quarter of 2024, representing an increase
of 28.8% from RMB1,487.6 million for the same quarter of 2023.
- Revenues from
online recruitment services to enterprise customers were RMB1,892.7
million (US$260.4 million) for the second quarter of 2024,
representing an increase of 28.7% from RMB1,470.8 million for the
same quarter of 2023. This increase was mainly driven by the
enterprise user growth.
- Revenues from
other services, which mainly comprise paid value-added services
offered to job seekers, were RMB24.0 million (US$3.3 million) for
the second quarter of 2024, representing an increase of 42.9% from
RMB16.8 million for the same quarter of 2023, mainly benefiting
from expanded user base.
Operating cost and expenses
Total operating cost and expenses were
RMB1,566.6 million (US$215.6 million) for the second quarter of
2024, representing an increase of 19.5% from RMB1,310.8 million for
the same quarter of 2023. Total share-based compensation expenses
were RMB301.4 million (US$41.5 million) for the second quarter of
2024, representing an increase of 16.4% from RMB258.9 million for
the same quarter of 2023.
- Cost of
revenues was RMB316.5 million (US$43.6 million) for the
second quarter of 2024, representing an increase of 17.1% from
RMB270.3 million for the same quarter of 2023, primarily due to
increases in server and bandwidth cost, payment processing cost and
employee-related expenses.
- Sales and
marketing expenses were RMB545.2 million (US$75.0 million)
for the second quarter of 2024, representing an increase of 15.6%
from RMB471.6 million for the same quarter of 2023, primarily due
to increases in customer acquisition cost and sales
employee-related expenses.
- Research
and development expenses were RMB443.7 million (US$61.1
million) for the second quarter of 2024, representing an increase
of 21.3% from RMB365.9 million for the same quarter of 2023,
primarily due to increased investments in technology.
- General
and administrative expenses were RMB261.2 million (US$35.9
million) for the second quarter of 2024, representing an increase
of 28.7% from RMB203.0 million for the same quarter of 2023,
primarily due to increased employee-related expenses.
Income from operations
Income from operations was RMB358.6 million
(US$49.3 million) for the second quarter of 2024, representing an
increase of 104.9% from RMB175.0 million for the same quarter of
2023.
Net income and adjusted net
income
Net income was RMB417.3 million (US$57.4
million) for the second quarter of 2024, representing an increase
of 34.8% from RMB309.6 million for the same quarter of 2023.
Adjusted net income was RMB718.7 million
(US$98.9 million) for the second quarter of 2024, representing an
increase of 26.4% from RMB568.5 million for the same quarter of
2023.
Net income per ADS and adjusted net
income per ADS
Basic and diluted net income per ADS
attributable to ordinary shareholders for the second quarter of
2024 were RMB0.95 (US$0.13) and RMB0.91 (US$0.13), respectively,
compared to basic and diluted net income per ADS of RMB0.71 and
RMB0.69 for the same quarter of 2023.
Adjusted basic and diluted net income per ADS
attributable to ordinary shareholders4 for the second quarter of
2024 were RMB1.63 (US$0.22) and RMB1.57 (US$0.22), respectively,
compared to adjusted basic and diluted net income per ADS of
RMB1.31 and RMB1.26 for the same quarter of 2023.
Net cash provided by operating
activities
Net cash provided by operating activities was
RMB868.6 million (US$119.5 million) for the second quarter of 2024,
representing an increase of 13.7% from RMB763.7 million for the
same quarter of 2023.
Cash position
Balance of cash and cash equivalents, short-term
time deposits and short-term investments was RMB14,281.9 million
(US$1,965.3 million) as of June 30, 2024.
Share Repurchase Program
In March 2024, the Company’s board of directors
authorized a new share repurchase program effective from March 20,
2024 for a 12-month period, under which the Company may repurchase
up to US$200 million of its shares (including in the form of
ADSs).
Outlook
For the third quarter of 2024, the Company
currently expects its total revenues to be between RMB1.90 billion
and RMB1.92 billion, representing a year-on-year increase of 18.2%
to 19.5%. This forecast reflects the Company’s current views on the
market and operational conditions in China, which are subject to
change and cannot be predicted with reasonable accuracy as of the
date hereof.
Conference Call Information
The Company will host a conference call at
8:00AM U.S. Eastern Time on Wednesday, August 28, 2024 (8:00PM
Beijing Time on Wednesday, August 28, 2024) to discuss the
financial results.
Participants are required to pre-register for
the conference call
at:https://register.vevent.com/register/BIf5b5864661284aca82692d09288ae4fb
Upon registration, participants will receive an
email containing participant dial-in numbers and unique personal
PIN. This information will allow you to gain immediate access to
the call. Participants may pre-register at any time, including up
to and after the call start time.
Additionally, a live and archived webcast of the
conference call will be available on the Company's investor
relations website at https://ir.zhipin.com.
Exchange Rate
This announcement contains translations of
certain RMB amounts into U.S. dollar (“US$”) 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 RMB7.2672 to US$1.00 on June 28, 2024 as set forth in the
H.10 statistical release of the Federal Reserve Board. The Company
makes no representation that the RMB or US$ amounts referred could
be converted into US$ or RMB, as the case may be, at any particular
rate or at all.
Non-GAAP Financial Measures
In evaluating the business, the Company
considers and uses non-GAAP financial measures, such as calculated
cash billings, 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 derives calculated cash billings
by adding the change in deferred revenue to revenues. The Company
uses calculated cash billings to measure and monitor sales growth
because the Company generally bills its paid enterprise customers
at the time of sales, but may recognize a portion of the related
revenue ratably over time. The Company believes calculated cash
billings provides valuable insights into the cash generated from
sales and is a valuable measure for monitoring service demand and
financial performance. The Company defines adjusted net income and
adjusted net income attributable to ordinary shareholders 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 that could otherwise be
distorted by the effect of certain expenses and facilitate
investors’ assessment of the Company’s operating performance.
The non-GAAP financial measures are not defined
under U.S. GAAP, and are not presented in accordance with U.S.
GAAP. 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 LIMITEDInvestor RelationsEmail:
ir@kanzhun.com
PIACENTE FINANCIAL COMMUNICATIONSEmail:
kanzhun@tpg-ir.com
|
KANZHUN LIMITEDUnaudited Condensed
Consolidated Statements of Operations(All amounts in
thousands, except for share and per share data) |
| |
| |
|
For the three months ended June 30, |
|
For the six months ended June 30, |
| |
|
2023 |
|
2024 |
|
2023 |
|
2024 |
| |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
Online recruitment services to enterprise customers |
|
1,470,822 |
|
|
1,892,723 |
|
|
260,447 |
|
|
2,730,879 |
|
|
3,576,810 |
|
|
492,185 |
|
|
Others |
|
16,793 |
|
|
24,020 |
|
|
3,305 |
|
|
34,282 |
|
|
43,686 |
|
|
6,011 |
|
| Total
revenues |
|
1,487,615 |
|
|
1,916,743 |
|
|
263,752 |
|
|
2,765,161 |
|
|
3,620,496 |
|
|
498,196 |
|
| Operating cost and
expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues(1) |
|
(270,322 |
) |
|
(316,532 |
) |
|
(43,556 |
) |
|
(517,486 |
) |
|
(611,971 |
) |
|
(84,210 |
) |
|
Sales and marketing expenses(1) |
|
(471,593 |
) |
|
(545,169 |
) |
|
(75,018 |
) |
|
(1,100,431 |
) |
|
(1,124,439 |
) |
|
(154,728 |
) |
|
Research and development expenses(1) |
|
(365,907 |
) |
|
(443,729 |
) |
|
(61,059 |
) |
|
(698,975 |
) |
|
(911,298 |
) |
|
(125,399 |
) |
|
General and administrative expenses(1) |
|
(202,986 |
) |
|
(261,210 |
) |
|
(35,944 |
) |
|
(367,572 |
) |
|
(531,682 |
) |
|
(73,162 |
) |
| Total operating cost
and expenses |
|
(1,310,808 |
) |
|
(1,566,640 |
) |
|
(215,577 |
) |
|
(2,684,464 |
) |
|
(3,179,390 |
) |
|
(437,499 |
) |
|
Other operating (expenses)/income, net |
|
(1,776 |
) |
|
8,506 |
|
|
1,170 |
|
|
17,035 |
|
|
21,096 |
|
|
2,903 |
|
| Income from
operations |
|
175,031 |
|
|
358,609 |
|
|
49,345 |
|
|
97,732 |
|
|
462,202 |
|
|
63,600 |
|
|
Interest and investment income, net |
|
151,278 |
|
|
153,814 |
|
|
21,166 |
|
|
278,671 |
|
|
309,870 |
|
|
42,640 |
|
|
Foreign exchange gain |
|
3,907 |
|
|
63 |
|
|
9 |
|
|
2,808 |
|
|
93 |
|
|
13 |
|
|
Other (expenses)/income, net |
|
(1,113 |
) |
|
(264 |
) |
|
(36 |
) |
|
4,529 |
|
|
(523 |
) |
|
(72 |
) |
| Income before income
tax expenses |
|
329,103 |
|
|
512,222 |
|
|
70,484 |
|
|
383,740 |
|
|
771,642 |
|
|
106,181 |
|
|
Income tax expenses |
|
(19,506 |
) |
|
(94,972 |
) |
|
(13,069 |
) |
|
(41,480 |
) |
|
(112,668 |
) |
|
(15,504 |
) |
| Net
income |
|
309,597 |
|
|
417,250 |
|
|
57,415 |
|
|
342,260 |
|
|
658,974 |
|
|
90,677 |
|
|
Net loss attributable to non-controlling interests |
|
- |
|
|
4,483 |
|
|
617 |
|
|
- |
|
|
7,710 |
|
|
1,061 |
|
| Net income
attributable to ordinary shareholders of KANZHUN
LIMITED |
|
309,597 |
|
|
421,733 |
|
|
58,032 |
|
|
342,260 |
|
|
666,684 |
|
|
91,738 |
|
| Weighted average
number of ordinary shares used in computing net income per
share |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
868,643,514 |
|
|
888,934,440 |
|
|
888,934,440 |
|
|
867,314,841 |
|
|
884,833,645 |
|
|
884,833,645 |
|
|
— Diluted |
|
900,111,944 |
|
|
924,052,158 |
|
|
924,052,158 |
|
|
903,757,988 |
|
|
915,678,778 |
|
|
915,678,778 |
|
| Net income per
ordinary share attributable to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
0.36 |
|
|
0.47 |
|
|
0.07 |
|
|
0.39 |
|
|
0.75 |
|
|
0.10 |
|
|
— Diluted |
|
0.34 |
|
|
0.46 |
|
|
0.06 |
|
|
0.38 |
|
|
0.73 |
|
|
0.10 |
|
| Net income per
ADS(2)
attributable to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
0.71 |
|
|
0.95 |
|
|
0.13 |
|
|
0.79 |
|
|
1.51 |
|
|
0.21 |
|
|
— Diluted |
|
0.69 |
|
|
0.91 |
|
|
0.13 |
|
|
0.76 |
|
|
1.46 |
|
|
0.20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Include share-based compensation expenses as follows:
| |
|
For the three months ended June 30, |
|
For the six months ended June 30, |
| |
|
2023 |
|
2024 |
|
2023 |
|
2024 |
|
|
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
| Cost of revenues |
|
12,352 |
|
11,499 |
|
1,582 |
|
22,962 |
|
22,416 |
|
3,085 |
| Sales and marketing
expenses |
|
64,067 |
|
71,482 |
|
9,836 |
|
124,530 |
|
141,954 |
|
19,534 |
| Research and development
expenses |
|
105,756 |
|
109,980 |
|
15,134 |
|
196,430 |
|
212,673 |
|
29,265 |
| General and administrative
expenses |
|
76,727 |
|
108,482 |
|
14,928 |
|
127,271 |
|
213,377 |
|
29,362 |
|
|
|
258,902 |
|
301,443 |
|
41,480 |
|
471,193 |
|
590,420 |
|
81,246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2) Each ADS represents two Class A ordinary shares.
|
KANZHUN LIMITEDUnaudited Condensed
Consolidated Balance Sheets(All amounts in thousands) |
| |
| |
|
As of |
| |
|
December 31, 2023 |
|
June 30, 2024 |
|
|
|
RMB |
|
RMB |
|
US$ |
| ASSETS |
|
|
|
|
|
|
| Current
assets |
|
|
|
|
|
|
|
Cash and cash equivalents |
|
2,472,959 |
|
3,472,390 |
|
477,817 |
|
Short-term time deposits |
|
6,922,803 |
|
5,267,014 |
|
724,765 |
|
Short-term investments |
|
3,513,885 |
|
5,542,508 |
|
762,674 |
|
Accounts receivable, net |
|
16,727 |
|
29,856 |
|
4,108 |
|
Inventories |
|
- |
|
2,787 |
|
384 |
|
Amounts due from related parties |
|
3,966 |
|
5,625 |
|
774 |
|
Prepayments and other current assets |
|
442,697 |
|
535,488 |
|
73,686 |
| Total current
assets |
|
13,373,037 |
|
14,855,668 |
|
2,044,208 |
| Non-current
assets |
|
|
|
|
|
|
|
Property, equipment and software, net |
|
1,793,488 |
|
1,909,180 |
|
262,712 |
|
Intangible assets, net |
|
8,093 |
|
270,766 |
|
37,259 |
|
Goodwill |
|
5,690 |
|
6,528 |
|
898 |
|
Right-of-use assets, net |
|
282,612 |
|
409,314 |
|
56,323 |
|
Long-term time deposits |
|
- |
|
726,476 |
|
99,966 |
|
Long-term investments |
|
2,473,128 |
|
986,917 |
|
135,804 |
|
Other non-current assets |
|
4,000 |
|
- |
|
- |
| Total non-current
assets |
|
4,567,011 |
|
4,309,181 |
|
592,962 |
| Total
assets |
|
17,940,048 |
|
19,164,849 |
|
2,637,170 |
| LIABILITIES AND
SHAREHOLDERS’ EQUITY |
|
|
|
|
|
|
| Current
liabilities |
|
|
|
|
|
|
|
Accounts payable |
|
629,216 |
|
170,700 |
|
23,489 |
|
Deferred revenue |
|
2,794,075 |
|
3,175,000 |
|
436,895 |
|
Other payables and accrued liabilities |
|
779,046 |
|
614,515 |
|
84,560 |
|
Operating lease liabilities, current |
|
155,014 |
|
185,661 |
|
25,548 |
| Total current
liabilities |
|
4,357,351 |
|
4,145,876 |
|
570,492 |
|
Non-current liabilities |
|
|
|
|
|
|
|
Operating lease liabilities, non-current |
|
125,079 |
|
211,219 |
|
29,065 |
|
Deferred tax liabilities |
|
28,425 |
|
26,403 |
|
3,633 |
| Total non-current
liabilities |
|
153,504 |
|
237,622 |
|
32,698 |
| Total
liabilities |
|
4,510,855 |
|
4,383,498 |
|
603,190 |
| Total shareholders’
equity |
|
13,429,193 |
|
14,781,351 |
|
2,033,980 |
| Total liabilities and
shareholders’ equity |
|
17,940,048 |
|
19,164,849 |
|
2,637,170 |
| |
|
|
|
|
|
|
|
KANZHUN LIMITEDUnaudited Condensed
Consolidated Statements of Cash Flows(All amounts in
thousands) |
| |
| |
|
For the three months ended June 30, |
|
For the six months ended June 30, |
| |
|
2023 |
|
2024 |
|
2023 |
|
2024 |
| |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
|
Net cash provided by operating activities |
|
763,708 |
|
|
868,556 |
|
|
119,517 |
|
|
1,307,618 |
|
|
1,774,097 |
|
|
244,124 |
|
| Net cash used in investing
activities |
|
(4,427,593 |
) |
|
(72,309 |
) |
|
(9,950 |
) |
|
(8,390,368 |
) |
|
(595,771 |
) |
|
(81,981 |
) |
| Net cash provided by/(used in)
financing activities |
|
23,166 |
|
|
(81,847 |
) |
|
(11,263 |
) |
|
68,955 |
|
|
(186,425 |
) |
|
(25,653 |
) |
| Effect of exchange rate
changes on cash and cash equivalents |
|
126,916 |
|
|
10,824 |
|
|
1,490 |
|
|
2,740 |
|
|
7,530 |
|
|
1,037 |
|
| Net
(decrease)/increase in cash and cash equivalents |
|
(3,513,803 |
) |
|
725,224 |
|
|
99,794 |
|
|
(7,011,055 |
) |
|
999,431 |
|
|
137,527 |
|
| Cash and cash equivalents at
beginning of the period |
|
6,254,572 |
|
|
2,747,166 |
|
|
378,023 |
|
|
9,751,824 |
|
|
2,472,959 |
|
|
340,290 |
|
| Cash and cash
equivalents at end of the period |
|
2,740,769 |
|
|
3,472,390 |
|
|
477,817 |
|
|
2,740,769 |
|
|
3,472,390 |
|
|
477,817 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KANZHUN LIMITEDUnaudited Reconciliation of
GAAP and Non-GAAP Results(All amounts in thousands, except
for share and per share data) |
| |
| |
|
For the three months ended June 30, |
|
For the six months ended June 30, |
| |
|
2023 |
|
2024 |
|
2023 |
|
2024 |
|
|
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
| Revenues |
|
1,487,615 |
|
1,916,743 |
|
263,752 |
|
2,765,161 |
|
3,620,496 |
|
498,196 |
| Add: Change in deferred
revenue |
|
131,874 |
|
33,997 |
|
4,678 |
|
503,885 |
|
380,925 |
|
52,417 |
| Calculated cash
billings |
|
1,619,489 |
|
1,950,740 |
|
268,430 |
|
3,269,046 |
|
4,001,421 |
|
550,613 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
309,597 |
|
417,250 |
|
57,415 |
|
342,260 |
|
658,974 |
|
90,677 |
| Add: Share-based compensation
expenses |
|
258,902 |
|
301,443 |
|
41,480 |
|
471,193 |
|
590,420 |
|
81,246 |
| Adjusted net
income |
|
568,499 |
|
718,693 |
|
98,895 |
|
813,453 |
|
1,249,394 |
|
171,923 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to
ordinary shareholders of KANZHUN LIMITED |
|
309,597 |
|
421,733 |
|
58,032 |
|
342,260 |
|
666,684 |
|
91,738 |
| Add: Share-based compensation
expenses |
|
258,902 |
|
301,443 |
|
41,480 |
|
471,193 |
|
590,420 |
|
81,246 |
| Adjusted net income
attributable to ordinary shareholders of KANZHUN
LIMITED |
|
568,499 |
|
723,176 |
|
99,512 |
|
813,453 |
|
1,257,104 |
|
172,984 |
| Weighted average
number of ordinary shares used in computing adjusted net income per
share (Non-GAAP) |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
868,643,514 |
|
888,934,440 |
|
888,934,440 |
|
867,314,841 |
|
884,833,645 |
|
884,833,645 |
|
— Diluted |
|
900,111,944 |
|
924,052,158 |
|
924,052,158 |
|
903,757,988 |
|
915,678,778 |
|
915,678,778 |
| Adjusted net income
per ordinary share attributable to ordinary
shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
0.65 |
|
0.81 |
|
0.11 |
|
0.94 |
|
1.42 |
|
0.20 |
|
— Diluted |
|
0.63 |
|
0.78 |
|
0.11 |
|
0.90 |
|
1.37 |
|
0.19 |
| Adjusted net income
per ADS attributable to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
— Basic |
|
1.31 |
|
1.63 |
|
0.22 |
|
1.88 |
|
2.84 |
|
0.39 |
|
— Diluted |
|
1.26 |
|
1.57 |
|
0.22 |
|
1.80 |
|
2.75 |
|
0.38 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Kanzhun (NASDAQ:BZ)
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From Nov 2024 to Dec 2024
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From Dec 2023 to Dec 2024
