Kanzhun (Kanzhun) Retained Earnings

: $0.0 Mil (As of Sep. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kanzhun's retained earnings for the quarter that ended in Sep. 2023 was $0.0 Mil.

Kanzhun's quarterly retained earnings increased from Mar. 2023 ($-515.7 Mil) to Jun. 2023 ($-453.0 Mil) and increased from Jun. 2023 ($-453.0 Mil) to Sep. 2023 ($0.0 Mil).

Kanzhun's annual retained earnings declined from Dec. 2020 ($-401.0 Mil) to Dec. 2021 ($-579.8 Mil) but then increased from Dec. 2021 ($-579.8 Mil) to Dec. 2022 ($-514.4 Mil).

Kanzhun Retained Earnings Historical Data

The historical data trend for Kanzhun's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kanzhun Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Retained Earnings

-239.55

-400.97

-579.83

-514.43

Kanzhun Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings												-484.52	-514.43	-515.73	-453.02	-

Kanzhun Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Kanzhun (NAS:BZ) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Kanzhun (Kanzhun) Business Description

Industry

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02076:Hong Kong 8JN0:Germany

Address

Taiyanggong Middle Road, 18th Floor, GrandyVic Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.zhipin.com

Kanzhun's Boss Zhipin job platform connects job seekers and employers. Boss Zhipin is China's largest online recruitment platform based on average number of monthly active users, or MAU, and was established in 2014. Kanzhun earns revenue by providing services to enterprise customers primarily through its mobile app, which promotes direct messaging between recruiters and workers and operates on a recommendation basis powered by artificial intelligence. The platform specializes in transportation, logistics, construction, and service-based industries. About 85% of the companies looking to hire are small and medium-size enterprises. Its main competitors are 58.com, 51job, and Zhilian Zhaopin. Tencent has a 9.2% stake in Kanzhun.