Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price14.44 USD
Fair value24.18
Ethical score70.0/100
Our investment reviews on this name
2026-08-24Read Accumulation16.09-10.3% to today
2026-07-24Read Markup14.91-3.2% to today
2026-07-02Read Markdown13.70+5.4% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Kanzhun Limited holds its Distribution at $14.44. The statistical read favours the sellers, held for 15 days.
As held on the ledger · 2026-09-21
Phase
Distribution · caution
Quantitative state
The statistical read favours the sellers, held for 15 days
Price at the screen
$14.44
Valuation
9.89 trailing · 9.72 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.47
The Workings
Five Screens, Shown in Full
Does not pass. Revenue purity
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
0.64%
Below 33%
Interest-bearing debt is just 0.6% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.78%
Below 33%
Cash held in interest-bearing accounts and securities is 0.8% of assets, under the one-third limit.
Pass
Receivables
16.84%
Below 49%
Money owed to the company is 16.8% of assets, under the 49% limit.
Pass
Revenue purity
8.54%
Below 5%
8.5% of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. A 67.4% margin of safety to the base estimate.
Third-party analyst targets: 22 covering, consensus Strong Buy. The average target sits +51% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
China's Jobs Platform Looks Cheap But We Pass
Picture a Shanghai office worker tapping through job matches on their phone after a layoff notice. That flow runs through Kanzhun's platform, which holds a 40 percent profit margin and 18 percent return on equity while revenue still edges up 8 percent. The shares sit at 14.91 dollars against our fair value of 26.31, a 76 percent gap that looks attractive on a 10.3 times forward earnings multiple.
Yet the opportunity rating stays at none. Twenty-two analysts already see the stock reaching only 21 dollars, and the business carries an unknown moat in a market where local rules can shift overnight. Ethical checks clear, but the setup fails our threshold for real commitment.
China exposure, low single-digit growth and regulatory overhang keep the risk elevated even at these levels. The numbers show a lean operator, yet the wider environment does not line up with durable ownership. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to China and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
BZ trades on Nasdaq (the company is based in China). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 7.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 27%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (21 analysts) rates it strong buy, with a mean price target of $21.
2026-07-24Markup · changed$14.91+8.8%Entry 4
The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 8.8% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 27%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (21 analysts) rates it strong buy, with a mean price target of $21.
2026-07-18Markdown$13.70+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 27%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (21 analysts) rates it strong buy, with a mean price target of $21.
2026-07-03Markdown$13.70+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Markdown$13.70Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
