KE Holdings revenue and financials

2423 · HKEX · HKD

$44.16Change from previous close: +1.24%Absolute change: +$0.54

Close · October 7, 2026

In the fiscal year ended December 2025, KE Holdings reported revenue of ¥94.58B (+1.20% year over year). Net income was ¥2.99B, a net margin of 3.2%.

Annual revenue · 2025: ¥94.58B
  1. ¥60.67B2022
  2. ¥77.78B2023
  3. ¥93.46B2024
  4. ¥94.58B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+1.20%
2025 vs 2024
Net income growth
−26.35%
2025 vs 2024
Net margin
3.2%
2024: 4.3%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025
Total assets112,377112,316116,668119,296123,691
Current assets70,34767,08368,12068,42667,758
Cash and equivalents7,38711,0747,7739,22211,116
Short-term investments39,58633,91139,58039,76533,864
Receivables8,72610,3946,82712,6947,833
Inventory2,8422,8012,854—2,593
Net property, plant and equipment14,75718,13720,83224,12225,154
Goodwill4,6604,6604,6604,6654,749
Other intangible assets1,0376911,1057561,178
Long-term investments19,58619,82220,14919,66523,458
Current liabilities41,28341,04742,40742,61545,718
Accounts payable6,1005,0026,0525,9557,104
Long-term debt36677644213856.6
Total debt14,38816,27118,77621,09721,970
Total liabilities46,80147,88650,13851,35654,851
Total equity (incl. minority)65,57664,43066,53067,94068,840
Retained earnings3,6902,0531,1421,182433
Minority interest59.558.588.598.5125