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Kanzhun Limited (BZ) 10-Year Financial Performance & Capital Metrics

BZ • • Industrial / General
IndustrialsStaffing & HROnline Recruitment PlatformsJob Board & Recruitment Marketplaces
AboutKanzhun Limited operates an online recruitment platform, BOSS Zhipin in the People's Republic of China. Its recruitment platform assists the recruitment process between job seekers and employers for enterprises, and corporations. The company was founded in 2013 and is headquartered in Beijing, the People's Republic of China.Show more
  • Revenue $7.36B +23.6%
  • EBITDA $1.86B +84.3%
  • Net Income $1.58B +44.2%
  • EPS (Diluted) 7.02 +43.9%
  • Gross Margin 83.15% +1.2%
  • EBITDA Margin 25.28% +49.1%
  • Operating Margin 15.95% +63.4%
  • Net Margin 21.54% +16.7%
  • ROE 11.16% +27.3%
  • ROIC 7.35% +13.1%
  • Debt/Equity 0.02 -3.2%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 36.5% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 49.1%
  • ✓Trading at only 0.3x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y49.09%
3Y19.98%
TTM12.66%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM69.87%

EPS CAGR

10Y-
5Y-
3Y-
TTM69.35%

ROCE

10Y Avg-17.73%
5Y Avg-9.52%
3Y Avg3.87%
Latest8.17%

Peer Comparison

Job Board & Recruitment Marketplaces
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
DHXDHI Group, Inc.81.11M1.72307.14-6.55%-10.24%-13.82%8.77%0.37
BZKanzhun Limited7.72B19.202.7423.58%31.09%12.98%34.78%0.02
NIXXWNixxy, Inc.0.03-0.01-80.8%-195.3%-438.61%0.46
NIXXNixxy, Inc.22.76M0.92-0.24-80.8%-39.19%-173.43%0.46
IPDNProfessional Diversity Network, Inc.5.66M1.16-0.58-12.58%-135.89%-284.31%0.06
ZIPZipRecruiter, Inc.207.38M2.93-22.54-26.59%-9.58%-117.95%21.61%41.16

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+998.72M1.94B4.26B4.51B5.95B7.36B
Revenue Growth %-0.95%1.19%0.06%0.32%0.24%
Cost of Goods Sold+137.81M240.21M554.65M754.86M1.06B1.24B
COGS % of Revenue0.14%0.12%0.13%0.17%0.18%0.17%
Gross Profit+860.91M1.7B3.7B3.76B4.89B6.12B
Gross Margin %0.86%0.88%0.87%0.83%0.82%0.83%
Gross Profit Growth %-0.98%1.17%0.01%0.3%0.25%
Operating Expenses+1.37B2.65B4.74B3.89B4.31B4.94B
OpEx % of Revenue1.37%1.36%1.11%0.86%0.72%0.67%
Selling, General & Admin1.05B2.14B3.93B2.72B2.8B3.17B
SG&A % of Revenue1.05%1.1%0.92%0.6%0.47%0.43%
Research & Development325.57M513.36M821.98M1.18B1.54B1.82B
R&D % of Revenue0.33%0.26%0.19%0.26%0.26%0.25%
Other Operating Expenses-2.57M-8.85M-14.98M-17.59M-35.38M-39.79M
Operating Income+-511.92M-944.9M-1.04B-129.52M580.97M1.17B
Operating Margin %-0.51%-0.49%-0.24%-0.03%0.1%0.16%
Operating Income Growth %--0.85%-0.1%0.88%5.49%1.02%
EBITDA+-454.37M-836.86M-846.88M157.88M1.01B1.86B
EBITDA Margin %-0.45%-0.43%-0.2%0.03%0.17%0.25%
EBITDA Growth %--0.84%-0.01%1.19%5.39%0.84%
D&A (Non-Cash Add-back)57.55M108.04M189.44M287.4M427.89M686.48M
EBIT-511.92M-944.9M-1.04B-129.52M580.97M1.17B
Net Interest Income+145K3.1M34.48M226.48M606.76M625.28M
Interest Income145K3.1M34.48M226.48M606.76M625.28M
Interest Expense000000
Other Income/Expense9.86M3.01M24.77M246.51M640.82M659.71M
Pretax Income+-502.06M-941.89M-1.01B117M1.22B1.83B
Pretax Margin %-0.5%-0.48%-0.24%0.03%0.21%0.25%
Income Tax+0059.53M9.75M122.57M265.63M
Effective Tax Rate %1%1%1.06%0.92%0.9%0.86%
Net Income+-502.06M-937.79M-1.07B107.25M1.1B1.58B
Net Margin %-0.5%-0.48%-0.25%0.02%0.18%0.22%
Net Income Growth %--0.87%-0.14%1.1%9.25%0.44%
Net Income (Continuing)-502.06M-941.89M-1.07B107.25M1.1B1.57B
Discontinued Operations000000
Minority Interest0000-9K95.45M
EPS (Diluted)+-2.14-4.10-5.520.484.887.02
EPS Growth %--0.92%-0.35%1.09%9.17%0.44%
EPS (Basic)-2.14-4.10-5.700.484.887.04
Diluted Shares Outstanding229.23M229.23M224.07M228.04M225.68M225.69M
Basic Shares Outstanding229.23M229.23M216.65M217.24M225.25M224.99M
Dividend Payout Ratio----0.51%-

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.71B4.75B12.96B13.83B13.37B15.1B
Cash & Short-Term Investments1.55B4.57B12.23B13.21B12.91B14.68B
Cash Only407.36M4B11.34B9.75B2.47B2.55B
Short-Term Investments1.14B536.4M885M3.46B10.44B12.13B
Accounts Receivable75.54M121.92M411.67M9.86M16.73M205M
Days Sales Outstanding27.6122.8935.280.81.0310.17
Inventory82.66M00279.99M206.19M3.04M
Days Inventory Outstanding218.93--135.3971.010.9
Other Current Assets-82.44M-188K-620.98M1.58M34.28M32M
Total Non-Current Assets+171.21M335.97M682.67M1B4.57B4.21B
Property, Plant & Equipment170.57M335.42M678.21M980.66M2.08B2.04B
Fixed Asset Turnover5.86x5.80x6.28x4.60x2.87x3.61x
Goodwill0005.69M5.69M6.53M
Intangible Assets640K549K458K10.25M8.09M252.59M
Long-Term Investments00002.47B1.91B
Other Non-Current Assets004M4M4M0
Total Assets+1.88B5.08B13.64B14.83B17.94B19.31B
Asset Turnover0.53x0.38x0.31x0.30x0.33x0.38x
Asset Growth %-1.71%1.68%0.09%0.21%0.08%
Total Current Liabilities+1.01B1.72B2.78B3.03B4.36B4.19B
Accounts Payable42.62M19.51M32.98M185.3M629.22M110.67M
Days Payables Outstanding112.8729.6521.789.6216.6932.58
Short-Term Debt0-395.56M0000
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities0135.44M-403.93M00240.19M
Current Ratio1.69x2.76x4.65x4.56x3.07x3.60x
Quick Ratio1.61x2.76x4.65x4.47x3.02x3.60x
Cash Conversion Cycle133.67--46.59-144.66-21.52
Total Non-Current Liabilities+2.53B5.66B183.37M155M153.5M155.8M
Long-Term Debt00183.37M143.59M00
Capital Lease Obligations37.66M76.37M183.37M143.59M125.08M121.34M
Deferred Tax Liabilities00011.4M28.43M0
Other Non-Current Liabilities2.49B5.59B-183.37M-143.59M28.43M34.45M
Total Liabilities3.54B7.38B2.97B3.19B4.51B4.35B
Total Debt+94.88M135.93M310.9M295.03M280.09M302.13M
Net Debt-312.48M-3.86B-11.03B-9.46B-2.19B-2.25B
Debt / Equity--0.03x0.03x0.02x0.02x
Debt / EBITDA---1.87x0.28x0.16x
Net Debt / EBITDA----59.90x-2.17x-1.21x
Interest Coverage------
Total Equity+-1.66B-2.3B10.67B11.64B13.43B14.96B
Equity Growth %--0.38%5.64%0.09%0.15%0.11%
Book Value per Share-7.25-10.0347.6451.0559.5066.30
Total Shareholders' Equity-1.66B-2.3B10.67B11.64B13.43B14.87B
Common Stock62K81K554K564K564K571K
Retained Earnings-1.68B-2.62B-3.69B-3.59B-2.49B-902.59M
Treasury Stock000-918.89M-479.73M-1.52B
Accumulated OCI19.15M-130.39M-257.76M695.18M898.81M1.05B
Minority Interest0000-9K95.45M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-105.66M395.91M1.64B1B3.05B3.54B
Operating CF Margin %-0.11%0.2%0.39%0.22%0.51%0.48%
Operating CF Growth %-4.75%3.15%-0.39%2.04%0.16%
Net Income-502.06M-941.89M-1.07B107.25M1.1B1.57B
Depreciation & Amortization57.55M108.04M189.44M287.4M427.89M0
Stock-Based Compensation34.25M124.11M417.28M692.2M1.06B1.14B
Deferred Taxes05.3M-4.52M9.32M14.08M8.54M
Other Non-Cash Items26K533.13M1.51B-52.1M-288.86M676.85M
Working Capital Changes304.57M567.23M603.9M-41.03M737.71M146.39M
Change in Receivables-1.53M-5.2M6M-5.08M-7.04M-20.74M
Change in Inventory-58.44M9.64M-173.78M00-3.04M
Change in Payables29.28M-22.75M13.46M10.18M24.74M-28.68M
Cash from Investing+-1.22B467.31M-601.86M-2.82B-9.94B-2.02B
Capital Expenditures-64.04M-138.21M-259.89M-340.12M-955.51M0
CapEx % of Revenue0.06%0.07%0.06%0.08%0.16%0.12%
Acquisitions------
Investments------
Other Investing11K36K29K324K6.95M-2.02B
Cash from Financing+993.48M2.88B6.43B-669.23M-417.02M-1.46B
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid0000-562.9M0
Share Repurchases------
Other Financing0035.98M249.66M217.71M191.32M
Net Change in Cash------
Free Cash Flow+-169.7M257.7M1.38B662.92M2.09B2.69B
FCF Margin %-0.17%0.13%0.32%0.15%0.35%0.37%
FCF Growth %-2.52%4.36%-0.52%2.15%0.28%
FCF per Share-0.741.126.172.919.2711.90
FCF Conversion (FCF/Net Income)0.21x-0.42x-1.53x9.35x2.77x2.24x
Interest Paid000000
Taxes Paid000101.29M133.46M306.76M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---25.58%0.96%8.77%11.16%
Return on Invested Capital (ROIC)----10.63%6.49%7.35%
Gross Margin86.2%87.65%86.98%83.27%82.19%83.15%
Net Margin-50.27%-48.23%-25.15%2.38%18.47%21.54%
Debt / Equity--0.03x0.03x0.02x0.02x
FCF Conversion0.21x-0.42x-1.53x9.35x2.77x2.24x
Revenue Growth-94.69%119.05%5.92%31.94%23.58%

Revenue by Segment

2021202220232024
Online Recruitment Services To Enterprises Customers928.36M-5.89B7.27B
Online Recruitment Services To Enterprises Customers Growth---23.45%
Others-49.78M62.93M85.65M
Others Growth--26.41%36.11%

Frequently Asked Questions

Valuation & Price

Kanzhun Limited (BZ) has a price-to-earnings (P/E) ratio of 2.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Kanzhun Limited (BZ) reported $8.01B in revenue for fiscal year 2024. This represents a 702% increase from $998.7M in 2019.

Kanzhun Limited (BZ) grew revenue by 23.6% over the past year. This is strong growth.

Yes, Kanzhun Limited (BZ) is profitable, generating $2.49B in net income for fiscal year 2024 (21.5% net margin).

Dividend & Returns

Kanzhun Limited (BZ) has a return on equity (ROE) of 11.2%. This is reasonable for most industries.

Kanzhun Limited (BZ) generated $3.33B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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