Kanzhun Limited (BZ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 20.37B | 19.94B | 16.63B | 15.68B | 15.1B | 15.15B | 14.86B | 12.61B | 13.37B | 13.46B | 13.25B | 13.96B | 13.83B | 14.49B | 13.52B | 13.02B | 12.96B | 12.55B | 11.98B | 4.94B |
| Cash & Short-Term Investments | 19.96B | 19.21B | 16.02B | 14.79B | 14.68B | 14.6B | 14.28B | 11.9B | 12.91B | 12.8B | 12.79B | 13.46B | 13.21B | 13.92B | 12.99B | 12.43B | 12.23B | 11.94B | 11.71B | 4.65B |
| Cash Only | 4.11B | 4.7B | 3.16B | 2.79B | 2.55B | 2.82B | 3.47B | 2.75B | 2.47B | 2.44B | 2.74B | 6.25B | 9.75B | 11.16B | 12.17B | 11.36B | 11.34B | 10.76B | 11.09B | 4.1B |
| Short-Term Investments | 15.85B | 14.52B | 12.86B | 11.99B | 12.13B | 11.78B | 10.81B | 9.15B | 10.44B | 10.35B | 10.05B | 7.2B | 3.46B | 2.76B | 812.23M | 1.07B | 885M | 1.18B | 619.7M | 550.33M |
| Accounts Receivable | 186.39M | 42.21M | 314.35M | 48M | 205M | 38.19M | 35.48M | 25.64M | 16.73M | 16.46M | 210.1M | 24.4M | 212.63M | 14.56M | 305.84M | 10.52M | 411.67M | 7.73M | 11.68M | 135.54M |
| Days Sales Outstanding | 5.06 | 7.58 | 7.84 | 5.92 | 6.13 | 1.77 | 1.45 | 1.13 | 0.97 | 6.49 | 7.17 | 8.35 | 9.66 | 12.51 | 12.94 | 16.7 | 17.69 | 0.74 | 5.73 | 14.69 |
| Inventory | 2.4M | 2.53M | 2.71M | 2.86M | 3.04M | 2.87M | 2.79M | 2.6M | 206.19M | 0 | 186.36M | 0 | 0 | 0 | 202.84M | 0 | 0 | 0 | 0 | 151.33M |
| Days Inventory Outstanding | 0.73 | 0.78 | 0.82 | 0.85 | 0.87 | 0.83 | 0.77 | 32.16 | 69.02 | - | 62.73 | - | - | - | 105.94 | - | - | - | - | 101.39 |
| Other Current Assets | 221.45M | 95.44M | 53.25M | 39.66M | 32M | 506.6M | 535.49M | 684.94M | 34.28M | 641.56M | 65.21M | 69.28M | 41.96M | 77.44M | 23.51M | 91.91M | 19.9M | 93.26M | 40.76M | 3.26M |
| Total Non-Current Assets | 4.22B | 4.22B | 4.56B | 4.71B | 4.21B | 3.67B | 4.31B | 6.1B | 4.57B | 3.87B | 3.13B | 1.05B | 1B | 865.73M | 854.13M | 716.08M | 682.67M | 534.78M | 425.61M | 376.78M |
| Property, Plant & Equipment | 1.41B | 1.59B | 1.71B | 1.85B | 2.04B | 2.16B | 2.32B | 2.24B | 2.08B | 1.44B | 1.16B | 1.03B | 980.66M | 861.34M | 849.72M | 711.64M | 678.21M | 530.29M | 421.1M | 375.64M |
| Fixed Asset Turnover | 1.39x | 1.31x | 1.18x | 0.99x | 0.87x | 0.85x | 0.84x | 0.79x | 0.90x | 1.24x | 1.36x | 1.27x | 1.18x | 1.38x | 1.42x | 1.64x | 1.80x | 2.55x | 2.93x | 2.22x |
| Goodwill | 6.53M | 6.53M | 6.53M | 6.53M | 6.53M | 6.53M | 6.53M | 6.53M | 5.69M | 5.69M | 5.69M | 5.69M | 5.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 100.91M | 105.56M | 234.41M | 243.5M | 252.59M | 261.68M | 270.77M | 279.85M | 8.09M | 8.63M | 9.17M | 9.71M | 10.25M | 390K | 413K | 436K | 458K | 481K | 504K | 527K |
| Long-Term Investments | 1.9B | 2.52B | 2.61B | 2.61B | 1.91B | 1.24B | 1.71B | 3.58B | 2.47B | 2.41B | 1.95B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 782.96M | 102.59M | 0 | 0 | 1 | 1 | 1 | 0 | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 608K |
| Total Assets | 24.58B | 24.16B | 21.18B | 20.39B | 19.31B | 18.81B | 19.16B | 18.72B | 17.94B | 17.32B | 16.38B | 15B | 14.83B | 15.35B | 14.37B | 13.73B | 13.64B | 13.09B | 12.41B | 5.32B |
| Asset Turnover | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.09x | 0.10x | 0.09x | 0.09x | 0.07x | 0.08x | 0.08x | 0.08x | 0.08x | 0.10x | 0.13x | 0.15x |
| Asset Growth % | 27.31% | 28.4% | 10.54% | 8.93% | 7.64% | 8.6% | 16.98% | 24.74% | 21% | 12.84% | 13.99% | 9.25% | 8.69% | 17.32% | 15.82% | 158.24% | 168.36% | - | - | - |
| Total Current Liabilities | 4.37B | 4.77B | 4.24B | 4.41B | 4.19B | 3.99B | 4.15B | 4.46B | 4.36B | 3.66B | 3.41B | 3.09B | 3.03B | 2.88B | 2.84B | 2.8B | 2.78B | 2.45B | 2.43B | 2.08B |
| Accounts Payable | 120.04M | 78.8M | 13.36M | 92.63M | 110.67M | 81.44M | 170.7M | 464.77M | 629.22M | 340.92M | 173.48M | 108.92M | 185.3M | 51.76M | 11.08M | 105.14M | 32.98M | 33.29M | 102.04M | 97.6M |
| Days Payables Outstanding | 29.59 | 13.77 | 15.69 | 29.43 | 28.17 | 36.93 | 91.35 | 168.48 | 162.37 | 88.45 | 47.53 | 53.57 | 53.88 | 14.39 | 30.35 | 35.05 | 20.35 | 40.2 | 63.45 | 49.32 |
| Short-Term Debt | 94.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 3.24B | 3.2B | 3.4B | 3.34B | 3.17B | 3.07B | 3.17B | 3.14B | 2.87B | 2.59B | 2.63B | 2.43B | 2.12B | 2.04B | 2.03B | 2.11B | 1.96B | 1.88B | 1.87B | 1.62B |
| Other Current Liabilities | 324.9M | 0 | 0 | 0 | 240.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 4.66x | 4.18x | 3.92x | 3.56x | 3.60x | 3.80x | 3.58x | 2.83x | 3.07x | 3.67x | 3.89x | 4.52x | 4.56x | 5.03x | 4.76x | 4.64x | 4.65x | 5.12x | 4.93x | 2.37x |
| Quick Ratio | 4.66x | 4.18x | 3.92x | 3.56x | 3.60x | 3.80x | 3.58x | 2.83x | 3.02x | 3.67x | 3.83x | 4.52x | 4.56x | 5.03x | 4.69x | 4.64x | 4.65x | 5.12x | 4.93x | 2.30x |
| Cash Conversion Cycle | -23.8 | -5.41 | -7.02 | -22.66 | -21.17 | -34.33 | -89.12 | -135.2 | -92.38 | - | 22.37 | - | - | - | 88.53 | - | - | - | - | 66.76 |
| Total Non-Current Liabilities | 115.79M | 106.2M | 109.24M | 124.14M | 155.8M | 189.94M | 237.62M | 140.64M | 153.5M | 134.78M | 143.59M | 152.06M | 155M | 163.8M | 166.31M | 163.04M | 183.37M | 158.23M | 98.28M | 5.77B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 143.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 64.07M | 61.33M | 69.45M | 90.26M | 121.34M | 166.45M | 211.22M | 111.99M | 125.08M | 108.66M | 117.78M | 124.96M | 143.59M | 163.8M | 166.31M | 163.04M | 183.37M | 158.23M | 98.28M | 93.65M |
| Deferred Tax Liabilities | 51.72M | 44.87M | 39.79M | 33.88M | 34.45M | 23.49M | 26.4M | 0 | 28.43M | 0 | 0 | 0 | 11.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.65M | 28.43M | 26.12M | 25.82M | 27.1M | -143.59M | 0 | 0 | 0 | 0 | 0 | 0 | 5.68B |
| Total Liabilities | 4.49B | 4.87B | 4.35B | 4.53B | 4.35B | 4.18B | 4.38B | 4.6B | 4.51B | 3.8B | 3.55B | 3.24B | 3.19B | 3.04B | 3.01B | 2.97B | 2.97B | 2.61B | 2.53B | 7.85B |
| Total Debt | 158.14M | 165.85M | 199.49M | 241.11M | 302.13M | 358.55M | 396.88M | 257.03M | 280.09M | 244.89M | 266.71M | 275.42M | 295.03M | 314.31M | 312.44M | 291.93M | 310.9M | 258.24M | 181.86M | 155.31M |
| Net Debt | -3.95B | -4.53B | -2.96B | -2.55B | -2.25B | -2.46B | -3.08B | -2.49B | -2.19B | -2.2B | -2.47B | -5.98B | -9.46B | -10.84B | -11.86B | -11.06B | -11.03B | -10.5B | -10.91B | -3.95B |
| Debt / Equity | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | - |
| Debt / EBITDA | 0.09x | 0.18x | 0.25x | 0.41x | 0.28x | 0.68x | 0.77x | 0.99x | 0.43x | 0.54x | 0.81x | 5.04x | - | 1.31x | 3.32x | 737.19x | 0.77x | 0.82x | - | - |
| Net Debt / EBITDA | -2.35x | -4.78x | -3.66x | -4.33x | -2.11x | -4.67x | -6.00x | -9.60x | -3.37x | -4.81x | -7.52x | -109.43x | - | -45.29x | -126.12x | -27941.30x | -27.28x | -33.20x | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 20.09B | 19.2B | 16.84B | 15.86B | 14.96B | 14.63B | 14.78B | 14.12B | 13.43B | 13.53B | 12.83B | 11.77B | 11.64B | 12.31B | 11.37B | 10.77B | 10.67B | 10.47B | 9.88B | -2.54B |
| Equity Growth % | 34.29% | 31.18% | 13.91% | 12.34% | 11.42% | 8.2% | 15.19% | 19.95% | 15.36% | 9.88% | 12.89% | 9.28% | 9.06% | 17.51% | 15.03% | 524.58% | 564.07% | - | - | -404.29% |
| Book Value per Share | 42.03 | 40.44 | 37.60 | 35.41 | 33.30 | 32.27 | 31.99 | 31.11 | 29.72 | 30.07 | 28.51 | 25.94 | 26.93 | 26.88 | 24.82 | 24.77 | 23.13 | 22.59 | 22.88 | -6.34 |
| Total Shareholders' Equity | 20.09B | 19.2B | 16.75B | 15.76B | 14.87B | 14.63B | 14.78B | 14.12B | 13.43B | 13.53B | 12.83B | 11.77B | 11.64B | 12.31B | 11.37B | 10.77B | 10.67B | 10.47B | 9.88B | -2.54B |
| Common Stock | 618K | 0 | 0 | 582K | 571K | 0 | 571K | 14.12B | 564K | 13.53B | 564K | 564K | 564K | 560K | 559K | 556K | 554K | 549K | 521K | 80K |
| Retained Earnings | 1.22B | 0 | 0 | -384.45M | -902.59M | 0 | -251.25M | 0 | -2.49B | 0 | -3.24B | -3.55B | -3.59B | -3.4B | -3.61B | -3.71B | -3.69B | -3.93B | -4.21B | -2.8B |
| Treasury Stock | -203.99M | 0 | 0 | -980.62M | -1.52B | 0 | 0 | 0 | -479.73M | 0 | -989.79M | -918.89M | -918.89M | -346.53M | -267.98M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 894.82M | 0 | 0 | 1.04B | 1.05B | 0 | 133.45M | 0 | 898.81M | 0 | 1.1B | 555.26M | 695.18M | 895.74M | 281.25M | -302.01M | -257.76M | -82.12M | -122.5M | -104.42M |
| Minority Interest | 50.26M | 0 | 0 | 89.39M | 95.45M | 0 | 0 | 0 | -9K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |