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BOSS ZHIPIN(BZ) - 2025 Q2 - Earnings Call Transcript
2025-08-20 13:00
Financial Performance - The company achieved total revenue of RMB 2.1 billion, reflecting a year-on-year increase of 9.7% [6] - Net income reached RMB 710 million, showing a significant year-on-year growth of 70.4%, with a net profit margin exceeding 33% [6] - Adjusted operating profit was RMB 880 million, up 33% year on year, with share-based compensation expenses decreasing by nearly 10% quarter on quarter [7][24] - The adjusted operating margin reached 41.9%, up by 7.5 percentage points year on year, marking a record high [26] Business Line Performance - The number of paid enterprise customers increased by 10% year on year to 6.5 million [24] - Revenue contributions from small and medium-sized enterprises (SMEs) showed pronounced recovery, particularly in the recruitment demand from SMEs [25] - The average verified monthly active users on the platform reached 63.56 million, up 16.5% year on year [7] Market Dynamics - The recruitment market showed recovery, with job postings for fresh graduates growing by over 18% year on year [9] - The number of newly posted jobs on the platform increased by approximately 20% year on year in July [10] - The company observed a recovery in the internet industry, with active job postings reaching a new high since 2021 [11] Company Strategy and Industry Competition - The company is focusing on ongoing progress in AI, enhancing user experience and operational efficiency [5][12] - AI tools are being integrated into various functions, including job seeker safety and recruitment optimization [13][20] - The company completed a secondary share offering in Hong Kong to enhance liquidity and broaden its shareholder base [21][30] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of the recruitment demand recovery, citing improved job seeker to recruiter ratios [37] - The company expects revenue growth to accelerate, projecting total revenues for 2025 to be between RMB 2.13 billion and RMB 2.16 billion, representing an 11.4% to 13% year-on-year increase [31] - The company plans to continue investing in R&D and innovation while maintaining a focus on shareholder returns [42][63] Other Important Information - The company announced an annual dividend policy with a planned payout of USD 80 million for the current fiscal year [22] - A new share repurchase program was launched, intending to repurchase up to USD 250 million of shares over the next twelve months [22] Q&A Session Summary Question: What are the drivers behind the recruitment demand recovery? - Management noted that smaller enterprises are recovering faster, with companies having fewer than 20 employees contributing nearly 20% of revenue [35] - The impact of food delivery competition on recruitment demand was observed to be minor [36] Question: How should margins be viewed going forward? - Management indicated that margin improvement is expected to be gradual, driven by the company's business model and effective cost control [41][42] Question: How does competition affect marketing and user acquisition costs? - The company has observed increased advertising investments from peers, but the impact on its marketing costs has been limited due to high user acquisition efficiency [45][46] Question: What are the plans for AI applications and capital markets? - Management highlighted ongoing AI product development, including a recruitment agent called HAMR, and emphasized the importance of improving liquidity in Hong Kong markets through recent financing activities [55][61]
BOSS直聘2025年第二季度财报:营收21.02亿元,同比上涨9.7%
Jing Ji Guan Cha Wang· 2025-08-20 12:55
Core Insights - BOSS Zhipin reported a positive financial performance for Q2 2025, with revenue growth driven by an expanding user base and improved market conditions in the recruitment sector [1][2] Revenue and Market Performance - In Q2 2025, the company achieved revenue of 2.102 billion yuan, a year-on-year increase of 9.7%, surpassing market expectations [1] - Revenue from the recruitment segment was 2.078 billion yuan, up 9.8% year-on-year, primarily due to increased market penetration and contributions from blue-collar jobs and small to medium enterprises [1][2] - The number of new job postings on the platform increased by approximately 20% year-on-year in July, indicating a recovery in the overall recruitment market [2] Profitability and Cost Management - The company reported a net profit of 710 million yuan for Q2 2025, showing significant growth, while adjusted operating profit rose by 33.4% to 880 million yuan [3] - Sales and marketing expenses decreased by 23% year-on-year to 420 million yuan, marking a historical low as a percentage of revenue [3] Shareholder Returns - BOSS Zhipin announced an annual dividend policy, with an expected total cash dividend of approximately 80 million USD to be distributed in October 2025 [4] - The existing share buyback plan was extended for an additional 12 months, with a maximum buyback amount increased to 250 million USD [5] AI Integration and User Engagement - The number of users utilizing AI tools for job searching and recruitment continued to grow, with AI applications enhancing user experience and operational efficiency [6] - AI tools provided job seekers with personalized content and improved matching capabilities, leading to higher success rates in job placements [6] User Safety and Security Measures - The company enhanced its risk control capabilities through AI, improving the identification of violations and reducing response times for user reports [7] - Over 50 million risk alerts were sent to users in Q2 2025, warning them about common scams and fraudulent activities [7]
BOSS直聘-W(02076.HK)委任陈旭为总裁
Ge Long Hui· 2025-08-20 11:45
格隆汇8月20日丨BOSS直聘-W(02076.HK)公告,自2025年8月20日起,陈旭先生已获委任为公司总裁。 该新职位是公司为优化治理结构和提升组织效率而设立,将向公司创始人、董事长兼首席执行官赵鹏先 生汇报工作。鉴于陈先生担任总裁的新职务,自2025年8月20日起,陈先生已不再担任首席营销官。陈 先生将继续担任执行董事。 ...
BOSS直聘:拟派息8000万美元,未来12个月最多回购2.5亿美元
Ge Long Hui A P P· 2025-08-20 11:40
格隆汇8月20日|BOSS直聘8月20日公布了两项关于股东回报的方案,与所有投资人共同分享公司持续 成长的红利。第一是公司将开展一项"年度股息政策",未来每年视公司营运情况向股东派发现金股息。 2025年度的年度现金股息预计在2025年10月派发,拟派付股息总额约为8000万美元。第二是对2024年8 月通过的现有股份回购计划延长12个月至2026年8月底,期间公司将回购最多为2.5亿美元(此前计划为 1.5亿美元)的股份。 ...
BOSS直聘-W(02076):陈旭获委任为公司总裁
智通财经网· 2025-08-20 11:38
智通财经APP讯,BOSS直聘-W(02076)发布公告,自2025年8月20日起:董梦媛女士已辞任独立非执行 董事、审计委员会主席、薪酬委员会成员及企业管治委员会成员。 刘虹瑜女士已获委任为审计委员会主席及企业管治委员会成员。李延先生已获委任为薪酬委员会成员。 陈旭先生已获委任为公司总裁。 ...
BOSS直聘-W发布中期业绩 股东应占净利润12.35亿元 同比增加85.17%
Zhi Tong Cai Jing· 2025-08-20 11:37
Group 1: Financial Performance - The company reported total revenue of 4.026 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 11.19% [1] - Net profit attributable to shareholders reached 1.235 billion RMB, a significant year-on-year increase of 85.17% [1] - Basic earnings per share were 1.41 RMB [1] Group 2: Revenue Breakdown - Revenue from online recruitment services for corporate clients increased from 3.577 billion RMB in the same period of 2024 to 3.979 billion RMB, marking an increase of 11.2% [1] - Other services revenue, primarily from paid value-added services to job seekers, rose from 43.7 million RMB in 2024 to 46.7 million RMB, reflecting a 6.9% increase [1] Group 3: User Engagement - The average monthly active users reached 60.6 million, up 19.8% from 50.6 million in the same period of 2024 [1] - The average daily active users to monthly active users ratio was 25.0% [1] - The company has strengthened its market leadership and demonstrated effective penetration into diverse user groups, including blue-collar workers, lower-tier cities, and small to medium-sized enterprises [1] Group 4: Share Buyback Plan - The board approved an extension of the existing share repurchase plan for an additional 12 months until August 28, 2026 [2] - The revised plan allows for the repurchase of up to 250 million USD of company shares, including American Depositary Shares [2]
BOSS直聘-W:陈旭获委任为公司总裁
Zhi Tong Cai Jing· 2025-08-20 11:37
Group 1 - BOSS Zhipin (02076) announced that Ms. Dong Mengyuan has resigned from her positions as independent non-executive director, chairman of the audit committee, member of the remuneration committee, and member of the corporate governance committee effective August 20, 2025 [1] - Ms. Liu Hongyu has been appointed as the chairman of the audit committee and a member of the corporate governance committee [1] - Mr. Li Yan has been appointed as a member of the remuneration committee [1] - Mr. Chen Xu has been appointed as the company's president [1]
BOSS直聘(02076) - 董事名单及其角色和职能
2025-08-20 11:34
趙鵬先生( 董事長兼首席執行官 ) 陳旭先生 張宇先生 張濤先生 王燮華女士 KANZHUN LIMITED 看準科技有限公司 (於開曼群島註冊成立以同股不同權控制的有限責任公司) (股份代號:2076) 董事名單及其角色和職能 看準科技有限公司(「本公司」)董事(「董事」)會(「董事會」)成員載列如下。 執行董事 非執行董事 余海洋先生 獨立非執行董事 孫永剛先生 李延先生 劉虹瑜女士 董事會設有四個董事委員會。下表提供各董事所服務的該等委員會的成員資料。 | | | | | | | | | | | 董事委員會 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 主席 | 成員 | 成員 | | | | | | | 委員會 | 審計 | | | 成員 | 主席 | | | | | | 成員 | 委員會 | 薪酬 | | 成員 | 主席 | 成員 | | | | | | 成員 | 委員會 | 提名 | | 劉虹瑜女士 成員 | 李延先生 主席 | 孫永剛先生 成員 | 余海洋先生 | 王燮華女士 | 張濤先生 | 張宇 ...
BOSS直聘-W(02076)发布中期业绩 股东应占净利润12.35亿元 同比增加85.17%
智通财经网· 2025-08-20 11:31
Group 1 - The company BOSS Zhipin-W (02076) reported total revenue of 4.026 billion RMB for the six months ending June 30, 2025, representing an 11.19% year-on-year increase [1] - Shareholder net profit reached 1.235 billion RMB, marking an 85.17% increase compared to the same period in 2024 [1] - Basic earnings per share were 1.41 RMB [1] Group 2 - The increase in total revenue was primarily driven by the growth in paying enterprise clients, with online recruitment service revenue rising from 3.577 billion RMB in 2024 to 3.979 billion RMB in the reporting period, an increase of 11.2% [1] - Other services revenue, mainly from paid value-added services provided to job seekers, increased from 43.7 million RMB in 2024 to 46.7 million RMB, a growth of 6.9% [1] Group 3 - The average monthly active users reached 60.6 million, a 19.8% increase from 50.6 million in the same period of 2024 [1] - The average daily active users to monthly active users ratio was 25.0% [1] - The company has strengthened its market leadership and demonstrated the effectiveness of its strategy to penetrate a diversified user base, including blue-collar users, lower-tier cities, and small to medium-sized enterprise clients [1] Group 4 - On August 20, 2025, the board approved an extension of the existing share buyback plan, originally approved in August 2024, extending it for an additional 12 months until August 28, 2026 [2] - The company is authorized to repurchase up to 250 million USD of its shares during the extended period, including American Depositary Shares [2]
BOSS直聘(02076) - (1)独立非执行董事辞任及董事委员会组成变更;及(2)委任总裁
2025-08-20 11:30
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責,對其準確性 或完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 獨立非執行董事辭任及董事委員會組成變更 KANZHUN LIMITED 看準科技有限公司 (於開曼群島註冊成立以同股不同權控制的有限責任公司) (股份代號:2076) (納斯達克股票代碼:BZ) (1)獨立非執行董事辭任及董事委員會組成變更; 及 (2)委任總裁 董事會謹此宣佈,自2025年8月20日起: 1. 董夢媛女士已辭任獨立非執行董事、審計委員會主席、薪酬委員會成員及 企業管治委員會成員。劉虹瑜女士已獲委任為審計委員會主席及企業管治 委員會成員。李延先生已獲委任為薪酬委員會成員。 2. 陳旭先生已獲委任為本公司總裁。 看準科技有限公司(「本公司」)董事(「董事」)會(「董事會」)宣佈,自2025年8月 20日起,董夢媛女士(「董女士」)為投入更多時間於其他個人事業,已提出辭任獨 立非執行董事、董事會審計委員會(「審計委員會」)主席、董事會薪酬委員會(「薪 酬委員會」)成員及董事會企業管治委員會(「 ...