Kanzhun Ltd. · NASDAQ:BZ
Kanzhun — Q3 2023 Earnings Presentation
17 slides from Kanzhun's earnings presentation, Nov 14, 2023
Slide 1: KANZHUN LIMITED 3Q2023 Results Presentation
KANZHUN LIMITED 3Q2023 Results Presentation
Slide 2: Disclaimer
Disclaimer The following document has been prepared by KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a soli
Slide 3: Company Overview
Company Overview
Slide 4: We are the Largest Online Recruitment Platform in China
We are the Largest Online Recruitment Platform1 in China Strong growth momentum, far outpacing the industry Our Fast Growing MAU 44.6MM MM Avg MAU in 3Q2023 50 37.7% YoY Growth 45 MAU 40 35 RMB1.6BN 30 Revenue in 3Q2023 25 4.9MM Paid Enterprise Customers3 ended 3Q2023 20 15 10 RMB 714MM 5 Adjusted N
Slide 5: A New Way of Hiring – the Next Gen Online Recruitment Platform
A New Way of Hiring – the Next Gen Online Recruitment Platform… We introduce a disruptive mobile-native direct recruitment model with better convenience, accuracy, efficiency and transparency Mobile-native Recommendation Feeds + Direct Chat = BOSS Zhipin Information Communication A disruptive model
Slide 6: Result in Reaching Full-spectrum of Job-seekers and Employers
… Result in Reaching Full-spectrum of Job-seekers and Employers We capture incremental market opportunities and serve more users in the online recruitment industry Expanded user reach Accurate job and candidate Massive scale Fairer traffic distribution capturing underserved recommendation ma
Slide 7: Our Innovative Technology Reinforces Strong Network Effects
Our Innovative Technology Reinforces Strong Network Effects Double-sided user ecosystem, accumulated data and advanced technology enhance our competitive advantage More Opportunities More Interaction More Superior More Job Innovative More Data Employers Services Seekers Technology Insights More Choi
Slide 8: Financial Highlights
Financial Highlights
Slide 9: Our Solid Revenue Growth
Our Solid Revenue Growth Driven by continued user growth, improved paying ratio and stable ARPPU Revenues Growth Drivers RMB MM Robust enterprise user growth supported by our strong network effect and 4,371.8 full spectrum of user coverage 27.5%1 3,428.8 Improved paying ratio backed by our highly ef
Slide 10: with Enhanced Operating Efficiency
… with Enhanced Operating Efficiency… Improving operating efficiency underscores the effectiveness of our business model RMB MM Adjusted Operating Cost and Expenses1 Adjusted 84.1% 84.6% 82.8% 83.7% gross margin1 3,283.6 2,784.1 750.0 17.2% 527.3 15.4% 1,365.2 31.2% 1,212.2 35.4% 1,070.3 879.2 255.5
Slide 11: Lead to Improving Profitability Capability
… Lead to Improving Profitability Capability Revenue growth and enhanced operating efficiency propel continuous profitability improvement RMB MM Adjusted Operating Income1 RMB MM Adjusted Net Income1 Adjusted Adjusted operating 25.7% 34.2% 19.2% 25.6% net margin1 32.0% 44.4% 21.6% 34.9% margin1 1,52
Slide 12: Our Robust Operating Cash Flow and Strong Cash Position
Our Robust Operating Cash Flow and Strong Cash Position Strong cash generation capability and ample cash on hand Operating Cash Flow RMB12.8BN RMB MM Cash Position2 as of September 30, 2023 2,120.2 Cash Position & Cash Management RMB1.5BN Free Cash Flow3 for the nine months ended September 30, 2023
Slide 13: Appendix
Appendix
Slide 14: Unaudited Selected Income Statement Data
Unaudited Selected Income Statement Data For the three months ended September 30, For the nine months ended September 30， 2022 2023 2022 2023 (All amounts in thousands, except for percentages) RMB RMB RMB RMB Revenues 1,178,563 1,606,636 3,428,787 4,371,797 Operating cost and expenses Cost of revenu
Slide 15: Unaudited Selected Cash Flow Data
Unaudited Selected Cash Flow Data For the three months ended September 30, For the nine months ended September 30， 2022 2023 2022 2023 (All amounts in thousands) RMB RMB RMB RMB Net cash provided by operating activities 366,551 812,554 847,499 2,120,172 Net cash used in investing activities (1,993,1
Slide 16: Unaudited Selected Balance Sheet Data
Unaudited Selected Balance Sheet Data As of December 31, 2022 September 30, 2023 (All amounts in thousands) RMB RMB ASSETS Current assets Cash and cash equivalents 9,751,824 2,444,620 Time deposits and short-term investments 3,458,089 10,354,599 Prepayments and other current assets 600,773 635,435 O
Slide 17: THANK YOU!
THANK YOU! Contact Us: ir@kanzhun.com https://ir.zhipin.com/ BOSS直聘 1616