GTJA: Assigns a "Shareholding" rating to Kanzhun-W (02076) with a Target Price of 64.11 Hong Kong dollars.
GTJA maintains Kanzhun's adjusted net income for 2024/25/26 at 2.801/3.517/4.202 billion yuan.
[Industry Deep Research] Kanzhun's gross margin is comparable to Moutai, are the BOSSes unable to afford it soon?
Author | The main text totals 2,840 words, with an estimated reading time of 9 minutes. Kanzhun's performance has surged; can the BOSSs still afford it? Recently, Kanzhun, the largest recruitment website in China, released its Q3 2024 report. The Earnings Reports show that in the third quarter, Kanzhun's revenue was 1.912 billion yuan, a year-on-year increase of 18.98%, with a net income attributable to shareholders of 0.4684 billion yuan, a year-on-year increase of 10.02%. In the first three quarters, Kanzhun's revenue was 5.532 billion yuan, an increase of 26.54% year-on-year, with a net income of 1.135 billion yuan, a year-on-year increase of 47.8%. As of the end of the third quarter.
In the third quarter, net profit reaches an all-time high, yet the stock price encounters a downturn. Does Kanzhun-W (02076) have an "expectation gap"?
Behind the divergence between performance and stock price, has Kanzhun encountered a growth ceiling, and how will it break through?
Express News | JPMorgan Chase & Co's Long Position in Kanzhun Increases to 11.00% on Dec 12 From 10.45% - HKEX
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Kanzhun Ltd. Boosts Employee Incentives With Share Awards
Kanzhun Grants 599,984 Shares Under Award Scheme
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.
Kanzhun-W (02076) awarded 599,990 shares as a reward.
Kanzhun-W (02076) issued a notice that on December 15, 2024, the company will conduct its initial public offering...
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
China to Lift Fiscal Spending to Boost Economy
Kanzhun Ltd. Reports Strong Q3 2024 Growth
Kanzhun (02076) net profit for the first three quarters increased 47.8% year-on-year
Jinwu Financial News | Kanzhun (02076) announced unaudited financial results for the third quarter ended September 30, 2024. During the period, net profit attributable to common shareholders was 0.468 billion yuan (RMB, same below), an increase of 10.02% over the previous year; basic profit per share was 0.53 yuan. The Group's total revenue during the period was 1.912 billion yuan, up 18.98% year over year. In the third quarter, revenue from online recruitment services for corporate clients was RMB 1.889 billion, up 18.7% from RMB 1.592 billion in the same quarter of 2023. This increase is mainly due to the increase in paid corporate customers
Featured announcements | Kanzhun revenue increased 19% year-on-year in the third quarter; China Taibao's original premium income during the year exceeded 410 billion yuan
Xinyi Glass and Xinyi Auto Glass (Hong Kong) signed a 2024 glass supply agreement; CGN Energy completed a cumulative total of 17,684.1 gigawatt-hours of power generation in the first 11 months, an increase of 1.7% over the previous year.
Hong Kong Stock Report, December 12: KPMG expects Hong Kong listed companies to raise more than 100 billion dollars next year, and Kaisa discloses the progress of overseas debt restructuring
① The Legislative Council of the Hong Kong Special Administrative Region passed the “Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024” ② KPMG expects to raise capital of HK$100 billion for listed companies in Hong Kong ③ KPMG discloses progress in overseas debt restructuring ④ Bitcoin market strengthens again and rises back to 0.1 million US dollars
Citi Maintains Kanzhun(BZ.US) With Buy Rating, Raises Target Price to $16.5
Kanzhun Limited (BZ) Q3 2024 Earnings Call Transcript
Hong Kong Stock Announcement Gold Mining | Kanzhun's net profit in the third quarter reached a quarterly historical high with a year-on-year increase of 30% in active users.
Peking Autos (01958): Beiqi Investment and Hyundai Motor jointly invested approximately 1.095 billion US dollars in Beijing Hyundai.
Kanzhun Records Higher Attributable Income in Q3