China's Kanzhun Limited Q4 revenue rises on enterprise customer growth

KANZHUN

18/03/2026 11:41

Overview

China online recruitment platform's Q4 revenue grew 14% yr/yr, net income up 56%

Adjusted net income for Q4 rose 25% yr/yr

Company raised share buyback authorization to $400 mln, plans higher dividends and buybacks

Outlook

Kanzhun expects Q1 2026 revenue between RMB2.05 bln and RMB2.085 bln

Company plans to allocate at least 50% of prior yr adj net income to dividends and buybacks for next 3 yrs

Kanzhun says market and operational conditions in China may affect future results

Result Drivers

ENTERPRISE CUSTOMER GROWTH - Q4 revenue growth mainly driven by increase in paid enterprise customers

COST CONTROLS - Lower operating expenses, especially employee-related costs, contributed to higher profitability

AI TECHNOLOGY - AI deployment enhanced recommendation accuracy and user experience, supporting monetization and engagement

Company press release: ID:nGNXbsn4Lm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
RMB 2.08 bln
Q4 Net Income
RMB 691.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy"

Wall Street's median 12-month price target for Kanzhun Ltd is HK$103.00, about 82% above its March 18 closing price of HK$56.60

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)