MARKETS / NYSE / BEKE
NYSE · REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) · LARGE CAP

KE Holdings Inc. BEKE

8 fiscal years on record · CNY · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
¥94.6B
▲ 1.2% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
96%
ROE · FY25
4.3%
Net margin · FY25
3.2%
Dividend coverage
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Result
CNY 94.6B
Revenue, FY2025 · full 8-year series below
Revenue Net income
25507510094.63.02018202120242025
25507510094.63.02018202120242025

3 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.22018202120242025
0.40.81.22018202120242025

The company pays no cash dividend.

Profitability
4.3%
Return on equity, FY2025
ROE
2.557.5104.3%2018202120242025
2.557.5104.3%2018202120242025
Operating margin2.2%
Net margin3.2%
Return on assets2.4%

Each CNY of equity produced 4 cents of profit this year.

Returned to shareholders
CNY 9.5B
returned in FY2025 · dividends + net buybacks
Dividends paidCNY 2.9B
Net buybacksCNY 6.6B
Share of profit316.0%
Consecutive raises

CNY 2.9B in dividends and CNY 6.6B in buybacks — 316% of the year's profit, so the payout drew on cash built up earlier.

Growth
+6.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+16.0%
+6.1%
Net income
+1.5%
Returned to shareholders
+92.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
CNY 116.7B
total assets, end of FY2025
Total assetsCNY 116.7B
EquityCNY 66.4B
CashCNY 7.8B
Gross debtCNY 182.9M
Net debtCNY -7.6B
Current ratio1.61×

The company holds more cash than debt.

History
8 fiscal years
Every figure from documents filed with the SEC · CNY
Metric
2025
2024
2023
2022
2021
2020
2019
2018
Revenue ¥B
94.6
93.5
77.8
60.7
80.8
70.5
46.0
28.6
Operating income ¥B
2.1
3.8
4.8
−0.8
−1.4
2.8
−1.8
−1.2
EBITDA ¥B
3.0
4.5
5.6
0.1
−0.5
3.4
−1.2
−0.6
Income tax ¥B
1.7
2.8
2.0
1.7
1.7
1.6
0.9
−0.1
Net income ¥B
3.0
4.1
5.9
−1.4
−0.5
2.8
−2.2
−0.5
EPS, diluted ¥
·
·
·
·
·
·
·
·
Dividend / sh ¥
·
·
·
·
·
·
·
·
Payout %
96
70
24
·
·
·
·
·
ROE %
4.3
5.7
8.3
−2.0
−0.8
9.6
·
·
Shares out B
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
30 of 30
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed