BEKENYSEReal Estate Agents & Managers (For Others)Fiscal year ends December 31
KE Holdings Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026
$17.91−0.16 (-0.89%)
Close on Oct 19, 2026
KE statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available
Valuation
| Market Cap | CN¥269.53B |
|---|---|
| Enterprise Value | CN¥222.27B |
| PE Ratio | 46.45 |
| PS Ratio | 2.85 |
| PB Ratio | 4.06 |
| P/TBV Ratio | 4.41 |
Enterprise value
| EV / Sales | 2.35 |
|---|---|
| EV / EBITDA | 105.30 |
| EV / EBIT | 105.30 |
Income (trailing twelve months)
| Revenue | CN¥94.58B |
|---|---|
| Gross Profit | CN¥20.21B |
| Operating Income | CN¥2.11B |
| Pretax Income | CN¥4.68B |
| Net Income | CN¥2.99B |
| EBITDA | CN¥2.11B |
| EPS (Diluted) | 0.86 CNY |
Margins
| Gross Margin | 21.4% |
|---|---|
| Operating Margin | 2.23% |
| Pretax Margin | 4.95% |
| Profit Margin | 3.17% |
| EBITDA Margin | 2.23% |
| FCF Margin | -1.04% |
Returns
| Return on Equity (ROE) | 4.35% |
|---|---|
| Return on Assets (ROA) | 2.40% |
| Return on Invested Capital (ROIC) | 7.12% |
| Return on Capital Employed (ROCE) | 2.84% |
Growth
| Revenue Growth (YoY) | 1.20% |
|---|---|
| Net Income Growth (YoY) | -26.3% |
| EPS Growth (YoY) | -25.2% |
| FCF Growth (YoY) | -111.7% |
| Revenue Growth (3Y CAGR) | 16.0% |
| Revenue Growth (5Y CAGR) | 6.06% |
| EPS Growth (5Y CAGR) | 21.9% |
Balance sheet
| Cash & Short-Term Investments | CN¥47.35B |
|---|---|
| Net Cash (Debt) | CN¥47.35B |
| Net Cash Per Share | 7.02 CNY |
| Equity (Book Value) | CN¥66.44B |
| Book Value Per Share | 9.85 CNY |
| Tangible Book Value | CN¥61.06B |
| Working Capital | CN¥25.71B |
Financial position
| Current Ratio | 1.61 |
|---|---|
| Quick Ratio | 1.19 |
| Interest Coverage | 312.72 |
Cash flow (trailing twelve months)
| Operating Cash Flow | -CN¥376.17M |
|---|---|
| Capital Expenditures | -CN¥607.73M |
| Free Cash Flow | -CN¥983.90M |
| FCF Per Share | -0.15 CNY |
Efficiency
| Asset Turnover | 0.76 |
|---|---|
| Inventory Turnover | 33.32 |
| Revenue Per Employee | CN¥82.24K |
| Profits Per Employee | CN¥2.60K |
| Employee Count | 1,150,000 |
Dividends and yields
| Earnings Yield | 1.11% |
|---|---|
| FCF Yield | -0.37% |
| Buyback Yield | 2.44% |
| Shareholder Yield | 2.44% |
| Payout Ratio | 96.2% |
Shares
| Shares Outstanding | 6,746,510,000 |
|---|---|
| Shares Change (YoY) | -1.85% |
| Float | 4,495,460,000 |
| Shares Held by Insiders | 33.4% |
| Shares Held by Institutions | 1.89% |
Taxes
| Income Tax | CN¥1.69B |
|---|---|
| Effective Tax Rate | 36.0% |
Scores
| Graham Number | 13.80 CNY |
|---|---|
| Graham Upside | -65.4% |
| Altman Z-Score | 4.37 |
| Piotroski F-Score | 4 |
Calculated by StockData from KE's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.