2423.HK
Company Description
KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. The company provides Beike, an integrated online and offline platform for housing transactions and services; Agent Cooperation Network, an operating system that fosters reciprocity and bonding among various service providers; SaaS Systems; owns and operates Lianjia, a real estate brokerage branded store; owns Deyou brand for connected brokerage stores; and other brands. The company was founded in 2001 and is headquartered in Beijing, the People's Republic of China.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 92.13B | 93.46B | 77.78B | 60.67B | 80.75B | 70.48B | 45.96B | 29.77B | 24.81B |
| Net Income | 2.92B | 4.06B | 5.88B | (1.39B) | (524.13M) | 2.78B | (2.18B) | (486.18M) | (558.79M) |
| EPS | 0.88 | 1.19 | 1.67 | -0.39 | -0.15 | 0.27 | -0.63 | -0.14 | -0.16 |
| Free Cash Flow | (958.43M) | 8.41B | 10.28B | 8.92B | 2.61B | 9.52B | (669.44M) | 2.78B | (6.84B) |
| FCF / Share | -0.29 | 2.47 | 2.92 | 2.50 | 0.74 | 2.74 | -0.20 | 0.81 | -1.99 |
| Operating CF | (366.43M) | 9.45B | 11.16B | 9.84B | 4.33B | 10.52B | 127.71M | 3.34B | (6.28B) |
| Total Assets | 116.72B | 133.15B | 120.33B | 122.77B | 122.72B | 123.66B | 75.24B | 38.89B | 31.58B |
| Total Debt | 18.52B | 22.65B | 17.99B | 12.19B | 7.51B | 7.99B | 14.59B | 5.96B | 5.68B |
| Cash & Equiv | 15.95B | 11.44B | 19.63B | 28.74B | 32.70B | 58.73B | 35.46B | 12.64B | 5.24B |
| Book Value | 66.47B | 71.32B | 72.10B | 68.92B | 66.97B | 66.77B | 35.18B | 14.86B | 12.37B |
| Return on Equity | 0.04 | 0.06 | 0.08 | -0.02 | -0.01 | 0.04 | -0.06 | -0.03 | -0.05 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.72B | 19.74B | 23.05B | 26.01B | 23.33B | 31.13B | 22.58B | 23.37B | 17.82B | 20.20B | 19.23B | 21.76B |
| Net Income | 1.24B | 10.37M | 749.28M | 1.30B | 855.77M | 569.99M | 1.17B | 1.89B | 431.77M | 663.68M | 1.17B | 1.31B |
| EPS | 0.38 | 0.03 | 0.23 | 0.39 | 0.25 | 0.17 | 0.34 | 0.55 | 0.13 | 0.19 | 0.36 | 0.39 |
| Free Cash Flow | N/A | 0 | 851.13M | 343.87M | (3.97B) | 5.20B | 448.89M | 4.77B | (995.78M) | 1.93B | 1.84B | (439.98M) |
| FCF / Share | N/A | N/A | 0.26 | 0.10 | -1.18 | 1.52 | 0.13 | 1.39 | -0.29 | 0.56 | 0.53 | -0.12 |
| Operating CF | N/A | 1.87B | 851.13M | 826.21M | (3.97B) | 5.20B | 448.89M | 4.77B | (995.78M) | 1.93B | 1.84B | (439.98M) |
| Total Assets | 111.94B | 116.72B | 119.30B | 123.69B | 130.61B | 133.15B | 122.80B | 122.50B | 128.89B | 132.49B | 126.94B | 126.67B |
| Total Debt | 16.22B | 18.52B | 21.10B | 21.97B | 22.34B | 22.65B | 21.68B | 20.21B | 18.60B | 17.99B | 17.91B | 15.83B |
| Cash & Equiv | 19.91B | 15.95B | 9.22B | 11.12B | 12.77B | 11.44B | 9.58B | 9.41B | 26.84B | 28.47B | 23.58B | 40.79B |
| Book Value | 64.16B | 66.47B | 67.84B | 68.71B | 68.83B | 71.32B | 70.77B | 70.57B | 68.99B | 72.10B | 77.05B | 78.43B |
| Return on Equity | 0.02 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.03 | 0.01 | 0.01 | 0.02 | 0.02 |