BZ
💼 Identified as the ‘Chinese LinkedIn’, Kanzhun Limited (BZ) operates in the online recruitment platform space in China.
💰 The company boasts a strong financial profile with a net cash position, significant free cash flow (around 9-10% yield), and robust growth.
📈 Despite positive fundamentals and trading at a reasonable valuation (around 14 times earnings), the stock appears underfollowed, presenting a potential opportunity in the Chinese tech sector, albeit with geopolitical risks.
@bernardodegarcia:
“Do you know Kanzun? No idea. It’s the Chinese LinkedIn. Alright. I think you might like it. It’s cheap, has cash, growth… Uncle Pablo, I mean, there are Chinese companies that are amazing. There are tons of Chinese companies. The other day, two weeks ago, we analyzed a company, two or three weeks ago I think, a Chinese tea company that had net cash… I mean, tons of Chinese companies, and relatively small and medium-sized Chinese companies have net cash positions, are paying extraordinary dividends, are repurchasing shares massively, they are very interesting. If you tell me BZ, Kanzhun Limited… ah yes, it has net cash… I mean, it doesn’t have net cash… how do I explain it? Yes, it has net cash, but it doesn’t have a negative enterprise value, which is what we love. Okay? When you have a negative enterprise value, it means that if you liquidate the entire company right now, well, you make… I mean, you get money out. Okay? Ah, it’s quite good. It has very good cash flow, practically 10% if I’m not mistaken. Ah yes, we are at 9%. It’s trading at 14 times. Very good growth. Eh, obviously it’s Kanzhun, I mean, I didn’t know it, I don’t know what year it’s from, but nobody talks about it. Okay? Ah ah yes yes yes yes yes yes. This wasn’t Katzun, no, this wasn’t… what was this called? I don’t remember, but I have this one analyzed. Well, I don’t have it analyzed, but I have asked my HR department when hiring people, and they… ah, they asked me questions, we were talking, and they went directly pointing here. Yes, yes, yes, yes, I know it. Ah, I have to ask, but I suppose it will still be working quite well… I like it, Pablo, I like it a lot.”
Watch the exact part of the video where @bernardodegarcia talks about Kanzhun Limited here:
Watch the video on YouTube
Read more articles analyzing Kanzhun Limited (BZ) at the provided link. BZ stock.
