KE Holdings Inc. (HKG:2423)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
41.80
-1.06 (-2.47%)
Jul 24, 2026, 4:08 PM HKT

KE Holdings Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
90,14494,58093,45777,77760,66980,752
Revenue Growth
-10.22%1.20%20.16%28.20%-24.87%14.57%
Gross Profit
19,95120,21222,94421,71813,78115,819
Operating Income
2,9092,2273,9174,890-684.85-608.16
Net Income
3,3942,9944,0655,883-1,386-524.13
Earnings Per Share
2.962.583.454.89-1.17-0.45
EPS Growth
-22.27%-25.22%-29.45%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Existing Home Transaction Services Net
24,28225,02028,20127,95424,12431,948
New Home Transaction Services Net
27,60930,59733,65330,57628,65046,472
Home Renovation and Furnishing Net
14,82015,42614,76910,8505,047197.45
Home Rental Services Net
21,82521,90014,3346,1001,515-
Emerging and Other Services Net
1,6081,6362,5002,2971,333-
Revenue (Total)
-94,58093,45777,77760,66980,752

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
44,98647,35352,76153,89354,89949,849
Total Debt
16,27118,77622,65517,98612,1917,510
Net Cash (Debt)
28,71528,57730,10635,90742,70842,339
Net Cash Growth
28.71%-5.08%-16.16%-15.93%0.87%-13.01%
Net Cash Per Share
25.0324.6925.5329.8335.9035.79

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,118-376.179,44711,4148,5193,595
Capital Expenditures
-607.73-607.73-1,037-873.99-793.03-1,430
Free Cash Flow
1,510-983.98,41010,5407,7262,165
Free Cash Flow Growth
-76.96%--20.21%36.43%256.83%-74.45%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.13%21.37%24.55%27.92%22.71%19.59%
Operating Margin
3.23%2.35%4.19%6.29%-1.13%-0.75%
Pretax Margin
5.69%4.95%7.35%10.14%0.48%1.41%
Profit Margin
3.77%3.17%4.35%7.56%-2.28%-0.65%
FCF Margin
1.68%-1.04%9.00%13.55%12.73%2.68%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingJul '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.7211.9312.6282.489
Dividend Per Share Growth
-22.68%-26.53%5.58%-
Dividend Yield
1.73%5.27%6.14%6.75%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
36.9942.7839.7524.09--
P/FCF Ratio
83.14-19.2213.4515.4470.30
PS Ratio
1.391.351.731.821.971.89