|
Q4 FY2025
As of Dec 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q4 FY2021
As of Dec 31, 2021
|
Q4 FY2020
As of Dec 31, 2020
|
|
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current assets: | ||||||
| Cash and cash equivalents | ||||||
| Restricted cash | ||||||
| Short-term investments | ||||||
| Financing receivables, net of allowance for credit losses of RMB147,330 and RMB174,478 as of December 31, 2024 and 2025, respectively | ||||||
| Nonrelated Party | ||||||
| Total financing receivables, net of allowance for credit losses of RMB147,330 and RMB174,478 as of December 31, 2024 and 2025, respectively | ||||||
| Accounts receivable, net of allowance for credit losses of RMB1,122,218 and RMB2,151,271 as of December 31, 2020 and 2021, respectively | ||||||
| Accounts receivable and contract assets, net of allowance for credit losses of RMB1,636,163 and RMB1,612,202 as of December 31, 2024 and 2025, respectively | ||||||
| Amounts due from and prepayments to related parties | ||||||
| Related party | ||||||
| Total amounts due from and prepayments to related parties | ||||||
| Loan receivables from related parties | ||||||
| Related party | ||||||
| Total loan receivables from related parties | ||||||
| Inventories | ||||||
| Prepayments, receivables and other assets | ||||||
| Total current assets | ||||||
| Non-current assets: | ||||||
| Property, plant and equipment, net | ||||||
| Right-of-use assets | ||||||
| Long-term investments, net | ||||||
| Intangible assets, net | ||||||
| Goodwill | ||||||
| Long-term loan receivables from related parties | ||||||
| Related party | ||||||
| Total long-term loan receivables from related parties | ||||||
| Other non-current assets | ||||||
| Total non-current assets | ||||||
| TOTAL ASSETS | ||||||
| LIABILITIES | ||||||
| Current liabilities | ||||||
| Accounts payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB66,266 and RMB57,987 as of December 31, 2024 and 2025, respectively) | ||||||
| Amounts due to related parties (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB322 and RMB463 as of December 31, 2024 and 2025, respectively) | ||||||
| Related party | ||||||
| Total amounts due to related parties (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB322 and RMB463 as of December 31, 2024 and 2025, respectively) | ||||||
| Loan payable to related parties (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of nil as of both December 31, 2024 and 2025) | ||||||
| Employee compensation and welfare payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB374,213 and RMB411,090 as of December 31, 2024 and 2025, respectively) | ||||||
| Customer deposits payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB4,141,792 and RMB3,369,240 as of December 31, 2024 and 2025, respectively) | ||||||
| Income taxes payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB35,277 and RMB34,984 as of December 31, 2024 and 2025, respectively) | ||||||
| Short-term borrowings (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of nil as of both December 31, 2024 and 2025) | ||||||
| Lease liabilities current portion (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB369 and RMB198 as of December 31, 2024 and 2025, respectively) | ||||||
| Contract liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB 5,572 and RMB 4,291 as of December 31, 2022 and 2023, respectively) | ||||||
| Contract liabilities and deferred revenue (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB2,785 and RMB2,990 as of December 31, 2024 and 2025, respectively) | ||||||
| Accrued expenses and other current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB210,085 and RMB109,199 as of December 31, 2024 and 2025, respectively) | ||||||
| Total current liabilities | ||||||
| Non-current liabilities | ||||||
| Deferred tax liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB2,374 and RMB1,679 as of December 31, 2024 and 2025, respectively) | ||||||
| Lease liabilities non-current portion (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB452 and RMB146 as of December 31, 2024 and 2025, respectively) | ||||||
| Long-term borrowings (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of nil as of both December 31, 2024 and 2025) | ||||||
| Long-term loan payable to related parties (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of nil as of both December 31, 2024 and 2025) | ||||||
| Other non-current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of nil as of both December 31, 2024 and 2025) | ||||||
| Total non-current liabilities | ||||||
| TOTAL LIABILITIES | ||||||
| SHAREHOLDERS' EQUITY | ||||||
| KE Holdings Inc. shareholders' equity: | ||||||
| Ordinary shares | ||||||
| Treasury shares | ||||||
| Additional paid-in capital | ||||||
| Statutory reserves | ||||||
| Accumulated other comprehensive income | ||||||
| (Accumulated deficit) / Retained earnings | ||||||
| Total KE Holdings Inc. shareholders' equity | ||||||
| Non-controlling interests | ||||||
| TOTAL SHAREHOLDERS' EQUITY | ||||||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
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