Kanzhun Ltd (BZ) Financial Statements — Income, Balance Sheet, Cash Flow

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Financial Statements — BZ

Balance Sheet

(in billions CNY)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Cash & Equivalents	0.59	0.35	2.47	9.75	11.34
Short-term Investments	9.45	6.64	0.49	3.46	0.88
Accounts Receivable	0.00	0.01	0.02	0.01	0.00
Inventory	0.00	0.00	--	--	--
Total Current Assets	2.91	2.07	13.37	2.00	2.03
Property, Plant & Equipment	1.25	1.73	1.79	0.69	0.06
Goodwill	0.01	0.01	0.00	0.01	--
Intangible Assets	0.10	0.25	0.01	0.00	0.00
Total Non-current Assets	0.60	4.21	4.57	1.00	0.11
Total Assets	24.57	2.65	2.53	2.15	2.14
Accounts Payable	0.02	0.02	0.63	0.19	0.01
Total Current Liabilities	0.63	0.57	4.36	0.44	2.78
Total Non-current Liabilities	0.02	0.16	0.15	0.15	0.03
Total Liabilities	4.49	0.60	4.51	0.46	2.97
Retained Earnings	0.18	(0.92)	(2.49)	(3.59)	(3.69)
Total Stockholder Equity	20.03	14.87	13.43	1.69	10.67

Income Statement

(in billions CNY) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	8.27	7.36	0.84	0.65	0.67
Cost of Revenue	0.18	1.24	1.06	0.11	0.09
Gross Profit	7.03	0.84	0.69	0.54	3.70
Research & Development	1.65	1.82	0.22	0.17	0.13
Selling, General & Admin	1.20	1.09	0.81	0.10	1.99
Total Operating Expenses	4.57	4.94	4.31	0.56	4.74
Operating Income	0.35	1.17	0.08	(0.02)	(1.04)
Pretax Income	3.20	1.83	0.17	0.02	(0.16)
Tax Provision	0.51	0.27	0.02	0.00	0.01
Net Income	0.39	1.57	0.15	0.11	(1.07)
Basic EPS	0.43	1.80	0.18	0.02	--
Diluted EPS	2.95	1.74	1.22	0.02	--

Cash Flow Statement

(in billions CNY)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Operating Cash Flow	4.55	3.54	0.43	0.15	1.64
Capital Expenditures	0.12	0.86	0.13	0.05	0.26
Free Cash Flow*	4.43	2.69	0.29	0.10	1.38
Investing Cash Flow	(4.61)	(2.02)	(1.40)	(0.41)	(0.60)
Financing Cash Flow	0.24	(0.20)	(0.06)	(0.10)	6.43

* Derived from reported values