Ke Holdings Inc

BEKE · NYSE · Real Estate / Real Estate Services

17.86USD+0.21 (+1.19%)

Price History

Full chart

Market Stats

Previous Close17.65

Open17.50

Day Range17.42 – 17.91

52-Week Range13.81 – 20.27

Volume6.37M

Market Cap18.37B

P/E (TTM)26.49

Forward P/E12.11

EPS0.63

Dividend Yield1.66%

Beta-0.26

50-Day Avg17.02

200-Day Avg16.77

About

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. The company operates through five segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, Home rental services, and Emerging and Other Services. It operates Beike, an integrated online and offline platform for housing transactions and services; Lianjia, a real estate brokerage brand; Agent Cooperation Network, an operating system that fosters reciprocity and bonding among various service providers. The company also owns the Deyou brand for connected brokerage stores; and other brands. In addition, it offers rental property management and operation services; and contract, secure payment, escrow, and other services. KE Holdings Inc. was founded in 2001 and is headquartered in Beijing, the People's Republic of China.

Company Details

SectorReal Estate
IndustryReal Estate Services
CEOMr. Yongdong Peng
Employees107.41K
HeadquartersOriental Electronic Technology Building, Beijing, China, 100086, USA
Websitehttps://bj.ke.com

Leadership

Mr. Yongdong PengCo-Founder, Chairman & CEO · b. 1980
Mr. Wangang XuExecutive Vice Chairman · b. 1966
Mr. Yigang ShanCo-Founder & Executive Director · b. 1974
Mr. Tao XuCFO & Executive Director · b. 1974
Ms. Siting LiInvestor Relations Director & Joint Company Secretary
Ms. Yee Wa LauJoint Company Secretary · b. 1973

Financials

Income Statement

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	25.51B	28.65B	46.01B	70.48B	80.75B	60.67B	77.78B	93.46B	94.58B
Growth (%)	-	+12.31%	+60.63%	+53.17%	+14.57%	-24.87%	+28.20%	+20.16%	+1.20%
Cost of Revenue	20.74B	21.78B	34.75B	53.62B	64.93B	46.89B	56.06B	70.51B	74.37B
Gross Profit	4.77B	6.87B	11.27B	16.86B	15.82B	13.78B	21.72B	22.94B	20.21B
Gross Margin	18.69%	23.98%	24.49%	23.92%	19.59%	22.71%	27.92%	24.55%	21.37%
Operating Expense	5.53B	8.09B	13.05B	14.02B	15.37B	13.80B	16.07B	18.30B	17.38B
Operating Income	-763.89M	-1.22B	-1.79B	2.84B	451.75M	-16.48M	5.65B	4.65B	2.83B
Operating Margin	-2.99%	-4.25%	-3.88%	4.03%	0.56%	-0.03%	7.27%	4.97%	2.99%
EBITDA	716.72M	336.77M	-55.33M	5.75B	2.52B	1.81B	9.31B	7.90B	5.76B
EBITDA Margin	2.81%	1.18%	-0.12%	8.16%	3.12%	2.98%	11.96%	8.45%	6.09%
Net Income	-574.43M	-467.82M	-2.18B	2.78B	-524.13M	-1.39B	5.88B	4.06B	2.99B
Net Income Margin	-2.25%	-1.63%	-4.75%	3.94%	-0.65%	-2.28%	7.56%	4.35%	3.17%
R&D	251.80M	670.92M	1.57B	2.48B	3.19B	2.55B	1.94B	2.28B	2.58B
R&D as % of Total Revenue	0.99%	2.34%	3.41%	3.52%	3.96%	4.20%	2.49%	2.44%	2.73%
Interest Expense	43.85M	43.54M	206.97M	188.55M	30.41M	14.49M	28.15M	28.55M	7.42M
Interest Expense % of Total Revenue	0.17%	0.15%	0.45%	0.27%	0.04%	0.02%	0.04%	0.03%	0.01%

Balance Sheet

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	31.58B	38.87B	67.27B	104.30B	100.32B	109.35B	120.33B	133.15B	116.67B
Total Liabilities	19.14B	24.01B	35.73B	37.50B	33.26B	40.29B	48.13B	61.70B	50.14B
Total Equity	12.37B	14.85B	31.45B	66.77B	66.97B	68.92B	72.10B	71.32B	66.44B
Cash	5.24B	9.12B	24.32B	40.97B	20.45B	19.41B	19.63B	11.44B	7.77B
Total Debt	5.68B	5.96B	13.05B	7.99B	7.51B	12.19B	17.99B	22.65B	18.78B
Net Debt	446.11M	-3.16B	-11.27B	-32.98B	-12.94B	-7.22B	-1.65B	11.21B	11.00B

Cash Flow

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-6.46B	3.22B	112.63M	9.36B	3.60B	8.46B	11.16B	9.45B	-365.92M
Investing Cash Flow	-2.78B	2.61B	-3.87B	-14.98B	-24.88B	-8.47B	-3.98B	-9.38B	5.73B
Financing Cash Flow	9.58B	-1.28B	23.03B	25.41B	-1.07B	-1.15B	-6.96B	-5.79B	-9.53B
Capital Expenditure	575.18M	542.85M	703.01M	887.00M	1.43B	793.03M	873.99M	1.04B	591.17M
Free Cash Flow	-7.03B	2.67B	-590.38M	8.47B	2.17B	7.67B	10.28B	8.41B	-957.09M
Dividends Paid	127.19M	0	28.01B	38.62M	76.62M	55.81M	1.43B	2.83B	2.80B
FCF to OCF	108.91%	83.12%	-524.20%	90.53%	60.22%	90.63%	92.17%	89.02%	261.56%
Dividend Paid to FCF	-1.81%	0.00%	-4744.06%	0.46%	3.54%	0.73%	13.86%	33.66%	-292.83%

Earnings

Report Date	Jun 3, 2020	Aug 13, 2020	Nov 16, 2020	Mar 15, 2021	May 19, 2021	Aug 11, 2021	Nov 8, 2021	Mar 9, 2022	May 31, 2022	Aug 23, 2022	Nov 30, 2022	Mar 16, 2023	May 18, 2023	Aug 31, 2023	Nov 8, 2023	Mar 14, 2024	May 23, 2024	Aug 12, 2024	Nov 21, 2024	Mar 12, 2025	May 15, 2025	Aug 26, 2025	Nov 10, 2025	Mar 12, 2026	May 19, 2026	Aug 21, 2026	Nov 9, 2026
EPS Estimate	0.00	3.80	1.10	0.88	0.94	1.50	-0.27	-0.43	-0.33	-1.43	0.91	0.53	1.72	1.30	0.87	1.31	0.77	1.44	1.51	1.83	0.10	1.53	1.16	0.94	0.91	0.25	0.21
EPS Actual	0.00	0.35	1.38	1.71	1.25	1.37	-0.75	0.04	0.02	-0.52	1.57	1.29	2.92	1.96	1.81	1.45	1.18	2.28	1.53	1.14	0.10	1.55	1.17	0.46	1.42	0.35	-
Surprise	-	-90.79%	25.45%	94.32%	32.98%	-8.67%	-177.78%	109.30%	106.06%	63.64%	72.53%	143.40%	69.77%	50.77%	108.05%	10.69%	53.25%	58.33%	1.32%	-37.75%	0.00%	1.31%	0.86%	-50.93%	56.04%	40.00%	-
Timing	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	-	Pre-market	Pre-market	-

Key Statistics & Ratios

Market Cap18.37B

Enterprise Value13.40B

Trailing P/E26.49

Forward P/E12.11

PEG Ratio0.39

Price / Sales0.21

Price / Book1.87

EPS0.63

Book Value8.82

Revenue (TTM)88.67B

Gross Profit (TTM)21.27B

EBITDA5.88B

Profit Margin5.32%

Operating Margin12.33%

Return on Equity7.01%

Return on Assets2.57%

Shares Outstanding1.06B

Shares Float637.69M

Beta-0.26

Dividend Yield1.66%

Dividend Rate0.28

Payout Ratio8.12%

Analyst Ratings

Strong Buy

Based on 23 analystsTarget 23.82

Strong Buy
15
Buy
7
Hold
1

Ownership Breakdown

Institutions: 12.57%
Insiders: 0.47%
Retail / Other: 86.96%

Top Institutional Holders

Vanguard Capital Management, LLC
19.85M1.80%
T. Rowe Price Associates, Inc.
11.23M1.02%
Wellington Management Company LLP
8.92M0.81%
Schroder Investment Management Group
5.85M0.53%
Baird Financial Group, Inc.
5.62M0.51%
Vanguard Fiduciary Trust Co
5.31M0.48%
H Capital V GP, L.P.
4.95M0.45%
Renaissance Technologies Corp
4.86M0.44%
Nuveen, LLC
4.66M0.42%
The Goldman Sachs Group Inc
4.00M0.36%
Legal & General Group PLC
3.22M0.29%
State Street Corp
3.14M0.28%
CoreView Capital Management Ltd
3.10M0.28%
Temasek Holdings Ltd.
2.90M0.26%
Mitsubishi UFJ Trust & Banking Corp
2.81M0.26%
Allspring Global Investments Holdings, LLC
2.59M0.23%

Top Fund Holders

T. Rowe Price Em Mkts Discv Stk
9.96M0.89%
T. Rowe Price International Stock
4.62M0.41%
MS INVF Asia Opportunity Z
4.05M0.36%
Baird Chautauqua International Gr Instl
2.97M0.26%

Dividends

20261×

0.28Apr 8, 2026

20251×

0.36Apr 9, 2025

20241×

0.35Apr 4, 2024

20231×

0.17Sep 14, 2023