# Kanzhun Ltd (BZ)

Source page: https://stoqly.net/companies/bz

- **Ticker:** BZ (Nasdaq)
- **Sector:** Information Technology / Services-Computer Programming, Data Processing, Etc.
- **SEC CIK:** 0001842827
- **Latest annual report:** 20-F filed 2026-04-29 (https://www.sec.gov/Archives/edgar/data/1842827/000110465926050959/bz-20251231x20f.htm)
- **Data updated:** 2026-11-09

## What the company does

Kanzhun operates the BOSS Zhipin app, an online recruitment platform that connects job seekers with employers in China. Job seekers receive job recommendations, chat directly with recruiters and share resumes when both sides agree. Employers can post jobs, receive candidate recommendations, communicate with candidates and receive resumes with their consent. The platform serves professionals, skilled workers, blue-collar job seekers and college students, as well as businesses ranging from small firms to large corporations.

Kanzhun earns money from recruitment services and related tools for enterprise users. It reports its business through a single online recruitment platform, serving job seekers and employers across industries and regions in China. Its users include business executives and managers who make hiring decisions, as well as human resource officers, headhunters and other recruiting specialists. In 2025, it had 6.8 million paid enterprise customers. The BOSS Zhipin platform uses data and artificial intelligence (AI) to recommend jobs and candidates, and lets users communicate directly through text, voice and images.

Kanzhun’s mobile-based platform combines job recommendations with real-time communication, rather than relying mainly on keyword searches or one-way applications. Its technology analyzes user activity, job postings and interactions to improve matching, and the company is developing AI tools for candidate screening and communication. The company is based in Beijing, China.

## Key figures

- **Last close:** $12.96 on 2026-11-13 (+3.76% on the day)
- **Market cap:** $6.0B
- **P/E (trailing):** 15.8x
- **EPS, trailing 12 months:** $0.82
- **Revenue (FY2025):** $1.2B
- **Revenue growth:** +12.5%
- **Revenue growth, 5-year CAGR:** +32.5%
- **Gross margin:** 85.1%
- **Operating margin:** 29.8%
- **Net margin:** 33.1%
- **Free cash flow:** $617M
- **Free cash flow margin:** 53.6%
- **Return on equity:** 15.5%
- **Change in share count:** +2.0%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $122M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/bz/figures.csv

| US$ millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 145 | 282 | 660 | 670 | 840 | 1,022 | 1,150 |
| Operating income | -74 | -137 | -161 | -19 | 82 | 163 | 343 |
| Net income | -73 | -136 | -166 | 16 | 155 | 220 | 381 |
| Diluted EPS (US$) | -1.99 | -3.20 | -0.72 | 0.04 | 0.34 | 0.48 | 0.82 |
| Operating cash flow | -15 | 57 | 254 | 149 | 430 | 492 | 633 |
| Free cash flow | -25 | 37 | 214 | 98 | 295 | 373 | 617 |
| Cash | 59 | 694 | 1,925 | 1,800 | 843 | 1,259 | 1,936 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.