KE Holdings Inc., known as Beike and trading under the symbol NYSE:BEKE, is a leading platform for housing transactions and services in China. The company operates both online and offline, facilitating transactions for existing and new homes. Despite its strong market presence, BEKE faces competition from other real estate platforms in the region.
On March 16, 2026, BEKE reported its earnings, revealing an earnings per share (EPS) of $0.03, which fell short of the estimated $0.08. The company's actual revenue was approximately $3.17 billion, slightly below the anticipated $3.22 billion. Despite these figures, BEKE announced a final cash dividend of $0.09 per ordinary share, or $0.27 per American Depositary Share (ADS), reflecting its commitment to returning value to shareholders.
The total dividend payout will amount to approximately $300 million, funded from the company's cash surplus. This decision underscores BEKE's strong financial position. The company's price-to-earnings (P/E) ratio is approximately 36.66, and its price-to-sales ratio stands at about 1.27, indicating the market's valuation of its sales.
BEKE's gross transaction value (GTV) for 2025 was approximately $455.2 billion, a 5% decline compared to the previous year. The GTV for existing home transactions was around $307.7 billion, marking a 4.2% decrease year-over-year. Meanwhile, the GTV for new home transactions stood at $127.4 billion, reflecting an 8.2% decline from the previous year.
In the fourth quarter of 2025, BEKE's GTV was approximately $103.6 billion, a significant 36.7% drop compared to the same period in the previous year. The company's debt-to-equity ratio is roughly 0.31, suggesting a moderate level of debt relative to its equity. The current ratio is approximately 1.61, indicating BEKE's ability to cover its short-term liabilities with its short-term assets.
