Revenue and Profit Growth - Revenue for Q3 2024 was RMB 1,911.6 million (USD 272.4 million), a 19.0% increase from RMB 1,606.6 million in Q3 2023[8] - Operating profit for Q3 2024 was RMB 330.2 million (USD 47.1 million), a 26.5% increase from RMB 261.0 million in Q3 2023[8] - Net profit for Q3 2024 was RMB 463.8 million (USD 66.1 million), an 8.9% increase from RMB 425.7 million in Q3 2023[8] - Online recruitment service revenue from enterprise clients in Q3 2024 was RMB 1,889.1 million (USD 269.2 million), an 18.7% increase from RMB 1,591.5 million in Q3 2023[11] - Other service revenue (primarily paid value-added services for job seekers) in Q3 2024 was RMB 22.5 million (USD 3.2 million), a 49.0% increase from RMB 15.1 million in Q3 2023[11] - Operating profit for Q3 2024 was RMB 330.2 million (USD 47.1 million), a 26.5% increase compared to RMB 261.0 million in Q3 2023[14] - Adjusted operating profit for Q3 2024 was RMB 605.3 million (USD 86.2 million), a 10.2% increase compared to RMB 549.4 million in Q3 2023[14] - Net profit for Q3 2024 was RMB 463.8 million (USD 66.1 million), an 8.9% increase compared to RMB 425.7 million in Q3 2023[16] - Adjusted net profit for Q3 2024 was RMB 738.9 million (USD 105.3 million), a 3.5% increase compared to RMB 714.1 million in Q3 2023[16] - Total revenue for the three months ended September 30, 2024, reached RMB 1,911,575 thousand (USD 272,397 thousand), a 19% increase compared to the same period in 2023[31] - Net profit attributable to ordinary shareholders of KanZhun Ltd. for the nine months ended September 30, 2024, was RMB 1,135,056 thousand (USD 161,744 thousand), a 47.8% increase year-over-year[31] - Operating profit for the three months ended September 30, 2024, was RMB 330,183 thousand (USD 47,051 thousand), a 26.5% increase compared to the same period in 2023[31] - Operating profit for the three months ended September 30, 2024, was RMB 330,183 thousand (USD 47,051 thousand), an increase from RMB 260,987 thousand in the same period of 2023[43] - Adjusted operating profit for the nine months ended September 30, 2024, reached RMB 1,657,872 thousand (USD 236,244 thousand), up from RMB 1,118,280 thousand in the same period of 2023[43] - Net profit for the three months ended September 30, 2024, was RMB 463,827 thousand (USD 66,095 thousand), compared to RMB 425,717 thousand in the same period of 2023[43] - Adjusted net profit for the nine months ended September 30, 2024, was RMB 1,988,288 thousand (USD 283,328 thousand), up from RMB 1,527,538 thousand in the same period of 2023[43] User and Customer Growth - Total paying enterprise customers for the twelve months ended September 30, 2024, reached 6.0 million, a 22.4% increase from 4.9 million in the same period last year[8] - Average monthly active users (MAU) for Q3 2024 were 58.0 million, a 30.0% increase from 44.6 million in Q3 2023[8] Expenses and Costs - Total operating costs and expenses for Q3 2024 were RMB 1,586.9 million (USD 226.1 million), a 16.8% increase from RMB 1,358.7 million in Q3 2023[12] - Marketing expenses for Q3 2024 were RMB 522.3 million (USD 74.4 million), a 14.2% increase from RMB 457.3 million in Q3 2023, driven by advertising costs during the 2024 Paris Olympics and 2024 UEFA European Championship[12] - R&D expenses for Q3 2024 were RMB 464.2 million (USD 66.1 million), a 12.0% increase from RMB 414.4 million in Q3 2023, due to increased technology investments[12] - Marketing expenses for the nine months ended September 30, 2024, were RMB 1,646,707 thousand (USD 234,654 thousand), a 5.7% increase year-over-year[31] - R&D expenses for the three months ended September 30, 2024, were RMB 464,151 thousand (USD 66,141 thousand), a 12% increase compared to the same period in 2023[31] Earnings Per Share and ADS - Basic and diluted earnings per ADS for Q3 2024 were RMB 1.06 (USD 0.15) and RMB 1.03 (USD 0.15), respectively, compared to RMB 0.98 and RMB 0.95 in Q3 2023[17] - Adjusted basic and diluted earnings per ADS for Q3 2024 were RMB 1.68 (USD 0.24) and RMB 1.64 (USD 0.23), respectively, compared to RMB 1.64 and RMB 1.59 in Q3 2023[17] - Basic earnings per share for the nine months ended September 30, 2024, were RMB 1.28 (USD 0.18), a 45.5% increase compared to the same period in 2023[31] - Basic adjusted net profit per share for the nine months ended September 30, 2024, was RMB 2.26 (USD 0.32), compared to RMB 1.76 in the same period of 2023[43] - Diluted adjusted net profit per share for the nine months ended September 30, 2024, was RMB 2.19 (USD 0.31), compared to RMB 1.69 in the same period of 2023[43] - Basic adjusted net profit per ADS for the nine months ended September 30, 2024, was RMB 4.52 (USD 0.64), compared to RMB 3.52 in the same period of 2023[43] - Diluted adjusted net profit per ADS for the nine months ended September 30, 2024, was RMB 4.38 (USD 0.62), compared to RMB 3.39 in the same period of 2023[43] Cash Flow and Financial Position - Net cash provided by operating activities for Q3 2024 was RMB 812.3 million (USD 115.8 million), remaining stable compared to RMB 812.6 million in Q3 2023[18] - Cash and cash equivalents, short-term time deposits, and short-term investments totaled RMB 14,599.5 million (USD 2,080.4 million) as of September 30, 2024[19] - Cash and cash equivalents as of September 30, 2024, stood at RMB 2,816,158 thousand (USD 401,299 thousand), a 13.9% increase from December 31, 2023[37] - Net cash provided by operating activities for the nine months ended September 30, 2024, was RMB 2,586,387 thousand (USD 368,557 thousand), a 22% increase year-over-year[40] - Total assets as of September 30, 2024, were RMB 18,813,418 thousand (USD 2,680,890 thousand), a 4.9% increase from December 31, 2023[37] - Total liabilities as of September 30, 2024, were RMB 4,179,665 thousand (USD 595,598 thousand), a 7.3% decrease from December 31, 2023[37] Share Repurchase and Future Outlook - The company approved a new share repurchase plan in August 2024, allowing the repurchase of up to USD 150 million in shares, in addition to the existing plan allowing up to USD 200 million in repurchases[20] - The company expects Q4 2024 total revenue to be between RMB 1.795 billion and RMB 1.81 billion, representing a year-over-year increase of 13.6% to 14.6%[21]
BOSS直聘-W(02076) - 2024 Q3 - 季度业绩