Announcement • Aug 13
Kanzhun Limited to Report Q2, 2026 Results on Aug 25, 2026 Kanzhun Limited announced that they will report Q2, 2026 results Pre-Market on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €13.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 4.0% over the past three years. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 21
First quarter 2026 earnings released: EPS: CN¥2.49 (vs CN¥1.19 in 1Q 2025) First quarter 2026 results: EPS: CN¥2.49 (up from CN¥1.19 in 1Q 2025). Revenue: CN¥2.07b (up 7.6% from 1Q 2025). Net income: CN¥1.16b (up 123% from 1Q 2025). Profit margin: 56% (up from 27% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Hongyu Liu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 08
Kanzhun Limited to Report Q1, 2026 Results on May 20, 2026 Kanzhun Limited announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 20, 2026 Announcement • Mar 07
Kanzhun Limited to Report Q4, 2025 Results on Mar 18, 2026 Kanzhun Limited announced that they will report Q4, 2025 results Pre-Market on Mar 18, 2026 Announcement • Nov 19
Kanzhun Limited Provides Earnings Guidance for the Fourth Quarter of 2025 Kanzhun Limited provided earnings guidance for the fourth quarter of 2025. For the fourth quarter of 2025, the Company currently expects its total revenues to be between RMB 2.05 billion and RMB 2.07 billion, representing a year-on-year increase of 12.4% to 13.5%. 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. Announcement • Nov 06
Kanzhun Limited to Report Q3, 2025 Results on Nov 18, 2025 Kanzhun Limited announced that they will report Q3, 2025 results Pre-Market on Nov 18, 2025 Announcement • Aug 08
Kanzhun Limited to Report Q2, 2025 Results on Aug 20, 2025 Kanzhun Limited announced that they will report Q2, 2025 results Pre-Market on Aug 20, 2025 Announcement • Jul 02
Kanzhun Limited has completed a Follow-on Equity Offering in the amount of HKD 2.277 billion. Kanzhun Limited has completed a Follow-on Equity Offering in the amount of HKD 2.277 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,450,000
Price\Range: HKD 66
Discount Per Security: HKD 1.65
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,050,000
Price\Range: HKD 66
Discount Per Security: HKD 1.65 Announcement • Jun 25
Kanzhun Limited has filed a Follow-on Equity Offering in the amount of HKD 2.34 billion. Kanzhun Limited has filed a Follow-on Equity Offering in the amount of HKD 2.34 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price(maximum): HKD 78
Discount Per Security: HKD 1.17
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,000,000
Price(maximum): HKD 78
Discount Per Security: HKD 1.17 Announcement • May 23
Kanzhun Limited Appoints Hongyu Liu as an Independent Non-Executive Director and Member of the Nomination Committee Kanzhun Limited announced that Ms. Hongyu Liu has been appointed as an independent non-executive director of the Company and a member of the nomination committee. Ms. Hongyu Liu, aged 52, is a financial expert with over 25 years of experience in the financial services industry. Ms. Liu currently serves as a managing director at Intermediate Capital Asia Pacific Limited, where she started her role in 2016. She previously served as a principal at TPG Capital, and held the position of vice president at Lazard China Limited. Her earlier career also includes over seven years at JP Morgan Chase, where she held various roles in the United States and Hong Kong, with her last position being a vice president. Ms. Liu earned a Bachelor of Arts degree in finance from Renmin University of China, a Master of Arts in Law and Diplomacy from The Fletcher School of Tufts University, and an MBA from Tuck School of Business at Dartmouth College. She also serves on the International Board of Advisors at Tufts University. Ms. Liu is a Chartered Financial Analyst and is licensed under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “SFO”) as a representative to carry out Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities. Announcement • May 12
Kanzhun Limited to Report Q1, 2025 Results on May 22, 2025 Kanzhun Limited announced that they will report Q1, 2025 results Pre-Market on May 22, 2025 Announcement • Mar 11
Kanzhun Limited Provides Earnings Guidance for the First Quarter of 2025 Kanzhun Limited provided earnings guidance for the first quarter of 2025. For the first quarter, the Company currently expected its total revenues to be between RMB 1.90 billion and RMB 1.92 billion, representing a year-on-year increase of 11.5% to 12.7%. 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. Announcement • Feb 27
Kanzhun Limited to Report Q4, 2024 Results on Mar 11, 2025 Kanzhun Limited announced that they will report Q4, 2024 results Pre-Market on Mar 11, 2025 Announcement • Dec 11
Kanzhun Limited Provides Earnings Guidance for the Fourth Quarter of 2024 Kanzhun Limited provided earnings guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company currently expects its total revenues to be between RMB 1.795 billion and RMB 1.81 billion, representing a year-on-year increase of 13.6% to 14.6%. 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. Announcement • Nov 29
Kanzhun Limited to Report Q3, 2024 Results on Dec 11, 2024 Kanzhun Limited announced that they will report Q3, 2024 results Pre-Market on Dec 11, 2024 Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €13.70, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 2.5% over the past year. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €12.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 2.0% over the past year. New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.95 (vs CN¥0.71 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.95 (up from CN¥0.71 in 2Q 2023). Revenue: CN¥1.92b (up 29% from 2Q 2023). Net income: CN¥421.7m (up 36% from 2Q 2023). Profit margin: 22% (up from 21% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Aug 28
Kanzhun Limited Provides Revenue Guidance for the Third Quarter of 2024 Kanzhun Limited provided revenue guidance for the third quarter of 2024. 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. Announcement • Aug 16
Kanzhun Limited to Report Q2, 2024 Results on Aug 28, 2024 Kanzhun Limited announced that they will report Q2, 2024 results Pre-Market on Aug 28, 2024 New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €14.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 8.6% over the past year. New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • May 24
Kanzhun Limited, Annual General Meeting, Jun 28, 2024 Kanzhun Limited, Annual General Meeting, Jun 28, 2024, at 15:00 China Standard Time. Location: 21/f, grandyvic building, taiyanggong middle road, chaoyang district, beijing China Announcement • May 10
Kanzhun Limited to Report Q1, 2024 Results on May 21, 2024 Kanzhun Limited announced that they will report Q1, 2024 results Pre-Market on May 21, 2024 Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥2.53 (vs CN¥0.25 in FY 2022) Full year 2023 results: EPS: CN¥2.53 (up from CN¥0.25 in FY 2022). Revenue: CN¥5.95b (up 32% from FY 2022). Net income: CN¥1.10b (up CN¥992.0m from FY 2022). Profit margin: 19% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. New Risk • Apr 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €14.50. The fair value is estimated to be €11.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Announcement • Feb 29
Kanzhun Limited to Report Q4, 2023 Results on Mar 12, 2024 Kanzhun Limited announced that they will report Q4, 2023 results on Mar 12, 2024 Announcement • Nov 15
Kanzhun Limited Approves Special Cash Dividend for Ordinary Shares and Holders of ADS, Payable on December 14, 2023 and on or Around December 21, 2023 Respectively Kanzhun Limited announced that its board of directors approved a special cash dividend (the “Dividend”) of USD 0.09 per ordinary share, or USD 0.18 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on December 5, 2023, Beijing Time and New York Time, respectively, payable in U.S. dollars. The ex-dividend date will be December 4, 2023. The aggregate amount of the Dividend to be paid will be approximately USD 80 million, which will be funded by surplus cash on the Company’s balance sheet. For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on December 5, 2023 (Beijing/Hong Kong Time). Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on December 14, 2023 for holders of ordinary shares and on or around December 21, 2023 for holders of ADSs. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: CN¥0.98 (vs CN¥0.48 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.98 (up from CN¥0.48 in 3Q 2022). Revenue: CN¥1.61b (up 36% from 3Q 2022). Net income: CN¥425.7m (up 101% from 3Q 2022). Profit margin: 27% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Nov 15
Kanzhun Limited Provides Revenue Guidance for the Fourth Quarter of 2023 Kanzhun Limited provided revenue guidance for the fourth quarter of 2023. For the fourth quarter of 2023, the Company currently expects its total revenues to be between RMB 1.51 billion and RMB 1.55 billion, representing a year-on-year increase of 39.6% to 43.3%. Announcement • Nov 03
Kanzhun Limited to Report Q3, 2023 Results on Nov 14, 2023 Kanzhun Limited announced that they will report Q3, 2023 results on Nov 14, 2023 Announcement • Oct 19
Kanzhun Limited Announces Board Changes Kanzhun Limited announced that Mr. Charles Zhaoxuan Yang and Mr. Yusheng Wang have resigned as independent non-executive directors of the Company for personal reasons, effective on October 18, 2023. In addition, with effect from October 18, 2023, Ms. Shangyu Gao has been appointed as an independent non-executive director of the Company, the chairman of the audit committee, a member of the compensation committee and a member of the corporate governance committee and Mr. Yan Li has been appointed as an independent non-executive director of the Company and the chairman of the nomination committee, the chairman of the corporate governance committee and a member of the audit committee. Ms. Shangyu Gao is the founder and currently the general manager of Hainan Gaoshang Investment Group Co. Ltd., an investment management company. Prior to that, Ms. Gao held various positions at the investment and acquisition department at a group company of Tencent Holdings Limited from August 2015 to August 2023, with her last position being an investment director which she was responsible for business, financial and legal assessment, post-investment services and capital operation of investment projects in primary and secondary markets. Ms. Gao received her bachelor’s degree in economics from Tsinghua University in July 2013 and her master’s degrees in management from HEC Paris in October 2015 and from Tsinghua University in January 2016. Mr. Yan Li is a seasoned strategic expert with over 20 years of experience in management services, which span across various business sectors, including intellectual property rights (“IPR”) protection and technology development. Mr. Li is currently serving as the general manager of Metis IP, a company which provides IPR related services. He was formerly the director and general manager of Beijing Runqian Information System Technology Co. Ltd., a PRC-based technology and software development company, from January 2006 to January 2016. Prior to that, Mr. Li was the division general manager of China International Electronic Commerce Center (CIECC), a China-based nationwide provider of e-commerce services and infrastructure, from November 2000 to June 2002. Mr. Li received his bachelor’s degree in science from Peking University in June 1994. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.71 (vs CN¥0.21 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.71 (up from CN¥0.21 in 2Q 2022). Revenue: CN¥1.49b (up 34% from 2Q 2022). Net income: CN¥309.6m (up 235% from 2Q 2022). Profit margin: 21% (up from 8.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Interactive Media and Services industry in Germany. Announcement • Aug 30
Kanzhun Limited Provides Revenue Guidance for Third Quarter of 2023 Kanzhun Limited provided revenue guidance for third quarter of 2023. For the third quarter of 2023, the Company currently expects its total revenues to be between RMB 1.53 billion and RMB 1.56 billion, representing a year-on-year increase of 29.8% to 32.3%. 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. Announcement • Aug 18
Kanzhun Limited to Report Q2, 2023 Results on Aug 29, 2023 Kanzhun Limited announced that they will report Q2, 2023 results Pre-Market on Aug 29, 2023 Board Change • Aug 07
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (6 non-independent directors). Founder, Chairman & CEO Jonathan Zhao is the most experienced director on the board, commencing their role in 2014. Independent Non Executive Director Yusheng Wang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. New Risk • Jul 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.028 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.075 (up from CN¥0.028 loss in 1Q 2022). Revenue: CN¥1.28b (up 12% from 1Q 2022). Net income: CN¥32.7m (up CN¥44.8m from 1Q 2022). Profit margin: 2.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Announcement • May 13
Kanzhun Limited to Report Q1, 2023 Results on May 24, 2023 Kanzhun Limited announced that they will report Q1, 2023 results on May 24, 2023 Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: CN¥0.25 (vs CN¥4.67 loss in FY 2021) Full year 2022 results: EPS: CN¥0.25 (up from CN¥4.67 loss in FY 2021). Revenue: CN¥4.51b (up 5.9% from FY 2021). Net income: CN¥107.2m (up CN¥1.34b from FY 2021). Profit margin: 2.4% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Dec 06
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Kanzhun Limited American Depositary Shares The Rosen Law Firm, P.A. announced that the United States District Court for the District of New Jersey has approved the following announcement of a proposed class action settlement that would benefit purchasers of Kanzhun Limited American Depositary Shares. Pursuant to an Order of the United States District Court for the District of New Jersey, that a hearing will be held on March 1, 2023, at 11:00 a.m. before the Honorable Kevin McNulty, United States District Judge of the District of New Jersey, Martin Luther King Building & U.S. Courthouse, 50 Walnut Street, Courtroom PO 04, Newark, New Jersey 07102 for the purpose of determining: (1) whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $2,250,000 should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for an award of attorneys’ fees of up to one-third plus interest of the Settlement Amount, reimbursement of expenses of not more than $45,000 and a service payment of no more than $5,000 to Lead Plaintiff should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Stipulation of Settlement, dated November 4, 2022 (the “Settlement Stipulation”). The Court reserves the right to hold the Settlement Hearing telephonically or by other virtual means. Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.66 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.48 (down from CN¥0.66 in 3Q 2021). Revenue: CN¥1.18b (down 2.7% from 3Q 2021). Net income: CN¥211.7m (down 26% from 3Q 2021). Profit margin: 18% (down from 24% in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Nov 30
Kanzhun Limited Provides Revenue Guidance for the Fourth Quarter of 2022 Kanzhun Limited provided revenue guidance for the fourth quarter of 2022. For the quarter, the company currently expects its total revenues to be between RMB 1.05 billion and RMB 1.09 billion, representing a year-on-year decrease of 3.8% to 0.0%. Board Change • Nov 21
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Charles Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥18.80 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.21 (up from CN¥18.80 loss in 2Q 2021). Revenue: CN¥1.11b (down 4.8% from 2Q 2021). Net income: CN¥92.5m (up CN¥1.58b from 2Q 2021). Profit margin: 8.3% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Europe. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €15.50, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 20x in the Interactive Media and Services industry in Europe. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥18.80 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥18.80 loss in 2Q 2021). Revenue: CN¥1.11b (down 4.8% from 2Q 2021). Net income: CN¥107.4m (up CN¥1.59b from 2Q 2021). Profit margin: 9.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 33%, compared to a 16% growth forecast for the Interactive Media and Services industry in Germany. Announcement • Aug 24
Kanzhun Limited Provides Revenue Guidance for the Third Quarter of 2022 Kanzhun Limited provided revenue guidance for the third quarter of 2022. For the third quarter of 2022, the company currently expects its total revenues to be between RMB 1.14 billion and RMB 1.16 billion, representing a year-on-year decrease of 5.9% to 4.3%. Announcement • Aug 16
Kanzhun Limited to Report Q2, 2022 Results on Aug 23, 2022 Kanzhun Limited announced that they will report Q2, 2022 results After-Market on Aug 23, 2022 Board Change • Aug 12
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Charles Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.