KE Holdings Inc. (BEKE)

KE Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Cash & Equivalents	7,387	11,074	7,773	9,222	11,116	12,773	11,443	9,577	9,409	17,845	19,635	15,839	31,750	30,595	19,413	18,954	12,379	16,579	20,446	21,780
Short-Term Investments	39,586	33,911	39,580	39,765	33,864	31,877	41,318	43,654	42,223	36,035	34,258	38,408	22,952	28,140	35,486	32,714	30,639	26,828	29,403	23,344
Cash & Short-Term Investments	46,973	44,986	47,353	48,987	44,980	44,650	52,761	53,231	51,632	53,880	53,893	54,247	54,702	58,735	54,899	51,667	43,018	43,407	49,849	45,124
Cash Growth (YoY)	4.43%	0.75%	-10.25%	-7.97%	-12.88%	-17.13%	-2.10%	-1.87%	-5.61%	-8.27%	-1.83%	4.99%	27.16%	35.31%	10.13%	14.50%	-11.17%	-11.57%	-12.02%	-11.87%
Accounts Receivable	4,929	4,037	3,937	3,778	4,516	5,139	5,498	3,278	3,904	3,197	3,176	2,771	3,598	4,545	4,163	4,899	5,695	7,038	9,325	10,516
Other Receivables	2,970	2,508	1,627	1,050	2,319	2,463	3,122	1,182	1,877	1,512	1,717	704.78	1,056	1,311	901.44	677.83	909.32	947.03	1,025	3,199
Receivables	7,939	6,624	6,059	5,235	7,058	7,797	8,791	4,477	5,809	4,736	5,075	3,502	4,679	5,917	5,298	5,627	6,654	8,076	10,701	13,762
Inventory	2,842	2,801	2,854	-	-	-	1,610	-	-	-	304.21	-	-	-	127.56	-	-	-	19.04	-
Prepaid Expenses	-	-	1,154	-	-	-	1,552	-	-	-	1,625	-	-	-	1,243	-	-	-	748.52	-
Restricted Cash	9,039	8,902	8,171	6,745	8,117	10,146	8,858	6,243	8,118	6,938	6,223	6,157	6,062	7,860	6,181	5,850	7,001	6,831	6,286	7,620
Other Current Assets	3,554	3,770	2,529	7,459	7,604	7,574	3,031	5,726	5,099	4,989	2,634	5,268	4,729	4,245	2,676	3,990	3,741	3,162	2,323	3,805
Total Current Assets	70,347	67,083	68,120	68,426	67,758	70,166	76,603	69,678	70,657	70,544	69,754	69,174	70,173	76,756	70,425	67,135	60,415	61,476	69,926	70,311
Property, Plant & Equipment	15,135	18,137	21,214	24,122	25,541	25,964	25,767	24,509	22,553	20,299	19,583	17,971	15,876	14,245	13,321	12,340	10,628	9,172	9,216	9,762
Long-Term Investments	19,586	19,822	20,149	19,665	23,458	27,619	23,790	21,457	22,133	20,658	23,571	24,031	24,008	19,409	17,926	20,605	25,328	24,467	17,038	17,651
Goodwill	4,660	4,660	4,660	4,665	4,749	4,777	4,777	4,839	4,848	4,889	4,857	4,914	4,907	4,940	4,934	5,002	4,980	1,987	1,806	2,108
Other Intangible Assets	659.98	691.09	722.68	755.56	790.7	823.14	857.64	948.72	927.53	962.68	1,067	1,228	1,389	1,524	1,687	1,857	1,966	1,018	1,141	1,280
Long-Term Deferred Tax Assets	-	-	1,258	-	-	-	1,005	-	-	-	1,114	-	-	-	856.96	-	-	-	1,060	-
Other Long-Term Assets	1,974	1,903	505.51	1,403	1,368	1,245	217.15	1,338	1,361	1,646	359.35	1,036	1,028	1,091	175.29	1,023	1,018	1,183	131.33	1,029
Total Assets	112,377	112,316	116,668	119,296	123,691	130,612	133,149	122,796	122,498	119,021	120,332	118,385	117,415	117,970	109,347	107,989	104,366	99,303	100,319	102,141

Liabilities

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Accounts Payable	5,555	5,341	5,594	6,496	6,497	8,297	8,353	6,773	6,100	5,651	6,195	5,496	5,346	6,256	5,915	5,517	5,111	4,955	5,957	5,310
Accrued Expenses	12,277	13,571	7,701	13,547	13,154	15,845	10,084	13,328	12,716	14,321	9,306	14,047	13,644	13,476	10,145	13,267	13,225	12,194	10,503	12,683
Short-Term Debt	1,167	817.48	705.66	657.41	200.68	182.01	288.28	306.61	445.53	408.42	290.45	520.03	497.5	504.41	619	600	356.67	356.67	260	260
Current Portion of Long-Term Debt	191.69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133.4	226.5	194.2	397
Current Portion of Leases	7,898	8,934	10,659	12,019	12,956	13,579	13,730	12,901	11,632	10,329	9,369	8,094	6,756	5,667	4,972	4,388	3,477	2,909	2,753	2,884
Current Income Taxes Payable	1,040	890.95	702.61	654.72	496.4	823.75	1,029	616.62	747.11	558.94	698.57	782.36	747.41	1,239	542.29	441.9	280.83	391.49	567.59	266.34
Current Unearned Revenue	6,914	6,166	5,702	5,485	6,213	6,583	6,075	5,223	5,422	4,990	4,691	4,713	4,734	4,611	3,293	3,520	3,122	1,370	1,133	1,024
Other Current Liabilities	6,239	5,326	11,344	3,755	6,201	7,452	13,186	3,999	6,313	5,498	8,975	4,323	5,132	7,025	7,855	4,561	6,594	6,043	7,568	6,568
Total Current Liabilities	41,283	41,047	42,407	42,615	45,718	52,762	52,744	43,147	43,376	41,755	39,524	37,974	36,857	38,778	33,341	32,294	32,299	28,446	28,936	29,393
Long-Term Debt	366.25	776.31	442.17	137.93	56.63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-Term Leases	4,765	5,744	6,970	8,283	8,757	8,579	8,637	8,473	8,136	7,858	8,327	8,092	7,421	6,868	6,600	6,158	5,118	4,304	4,303	4,573
Long-Term Deferred Tax Liabilities	385.38	317.21	317.21	317.7	317.7	317.7	317.7	279.34	279.34	279.34	279.34	351.19	351.19	353.42	351.19	293.16	293.16	22.92	22.92	17.29
Other Long-Term Liabilities	1.95	2.05	2.15	2.27	2.37	2.47	2.56	2.79	2.79	3.19	0.39	0.39	0.39	0.39	0.48	0.53	0.54	0.57	1.38	2.49
Total Liabilities	46,801	47,886	50,138	51,356	54,851	61,661	61,701	51,902	51,795	49,896	48,131	46,418	44,629	46,000	40,293	38,746	37,711	32,773	33,263	33,985

Shareholders' Equity

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Common Stock	0.44	0.45	0.45	0.45	0.46	0.46	0.46	0.46	0.47	0.47	0.48	0.48	0.49	0.49	0.49	0.49	0.49	0.49	0.49	0.49
Additional Paid-In Capital	61,614	62,598	64,802	66,037	68,168	68,618	72,461	72,274	73,060	73,937	77,583	78,085	80,181	80,752	80,303	80,672	79,930	79,324	78,972	78,652
Retained Earnings	4,745	3,108	2,197	2,109	1,360	58.86	-796.91	-1,367	-2,538	-4,430	-4,862	-5,531	-6,689	-7,998	-10,745	-11,122	-11,845	-9,977	-9,359	-8,429
Treasury Stock	-571.18	-1,355	-848.43	-778.41	-1,352	-462.58	-949.41	-408.54	-350.6	-819.97	-866.2	-944.53	-1,269	-189.31	-225.33	-387.3	-	-	-	-
Comprehensive Income & Other	-271.64	20.44	290.03	473.06	538.1	616.89	609.11	275.52	397.37	305.97	244.3	249.76	479.97	-737.8	-412.72	-55.49	-1,550	-2,933	-2,640	-2,121
Total Common Equity	65,517	64,372	66,441	67,842	68,715	68,832	71,324	70,775	70,569	68,994	72,100	71,859	72,704	71,827	68,920	69,108	66,535	66,415	66,974	68,103
Minority Interest	59.51	58.51	88.55	98.51	125.18	119.61	124.18	119.09	133.87	131.2	101.28	107.83	82.49	142.74	134.08	135.3	120.84	114.52	81.52	53.15
Shareholders' Equity	65,576	64,430	66,530	67,940	68,840	68,951	71,448	70,894	70,703	69,125	72,201	71,967	72,786	71,970	69,054	69,243	66,655	66,530	67,055	68,156
Total Liabilities & Equity	112,377	112,316	116,668	119,296	123,691	130,612	133,149	122,796	122,498	119,021	120,332	118,385	117,415	117,970	109,347	107,989	104,366	99,303	100,319	102,141

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Total Debt	14,388	16,271	18,776	21,097	21,970	22,341	22,655	21,680	20,214	18,596	17,986	16,706	14,674	13,039	12,191	11,145	9,084	7,796	7,510	8,114
Net Cash (Debt)	32,585	28,715	28,577	27,890	23,010	22,309	30,106	31,551	31,418	35,284	35,907	37,541	40,028	45,696	42,708	40,522	33,934	35,611	42,339	37,010
Net Cash Growth (YoY)	41.61%	28.71%	-5.08%	-11.60%	-26.76%	-36.77%	-16.16%	-15.96%	-21.51%	-22.78%	-15.93%	-7.36%	17.96%	28.32%	0.87%	9.49%	-15.98%	-13.63%	-13.01%	-1.81%
Net Cash Per Share	29.14	25.31	25.11	24.24	19.68	19.00	25.62	27.03	26.74	29.89	30.28	31.55	33.06	37.54	35.54	33.54	28.50	29.94	35.68	31.42
Filing Date Shares Outstanding	1,109	1,122	1,162	1,138	1,152	1,163	1,201	1,168	1,181	1,190	1,233	1,164	1,186	1,183	1,251	1,192	1,264	1,197	1,197	1,191
Total Common Shares Outstanding	1,109	1,122	1,162	1,138	1,152	1,163	1,201	1,168	1,181	1,190	1,233	1,164	1,186	1,183	1,251	1,192	1,264	1,197	1,197	1,191
Working Capital	29,065	26,036	25,713	25,811	22,040	17,404	23,859	26,531	27,281	28,788	30,230	31,200	33,316	37,977	37,083	34,840	28,116	33,029	40,990	40,919
Book Value Per Share	59.06	57.38	57.20	59.62	59.64	59.16	59.37	60.61	59.75	57.96	58.47	61.74	61.28	60.72	55.11	57.95	52.62	55.48	55.95	57.19
Tangible Book Value	60,197	59,020	61,058	62,421	63,175	63,231	65,689	64,987	64,794	63,142	66,176	65,717	66,408	65,363	62,299	62,249	59,589	63,410	64,027	64,714
Tangible Book Value Per Share	54.26	52.61	52.57	54.86	54.83	54.35	54.68	55.66	54.86	53.04	53.67	56.46	55.97	55.26	49.82	52.20	47.13	52.97	53.49	54.34
Buildings	-	-	697.46	-	-	-	697.14	-	-	-	689.7	-	-	-	707.69	-	-	-	426.95	-
Machinery	-	-	1,680	-	-	-	1,599	-	-	-	1,443	-	-	-	1,459	-	-	-	1,513	-
Construction In Progress	-	-	184.49	-	-	-	176.01	-	-	-	293.93	-	-	-	194.8	-	-	-	143.36	-
Leasehold Improvements	-	-	3,220	-	-	-	3,477	-	-	-	2,717	-	-	-	2,444	-	-	-	2,316	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error