Ke Holdings Inc Stock Price, News & Analysis

BEIKE (NYSE: BEKE) reported its financial results for Q4 and FY 2022, revealing significant challenges. The company's gross transaction value (GTV) fell 32.3% year-over-year to RMB 2.61 trillion (US$378.4 billion), with new home transactions dropping 41.5% to RMB 940.5 billion (US$136.4 billion). Net revenues decreased by 24.9% to RMB 60.7 billion (US$8.8 billion). In Q4, GTV decreased by 11.7% to RMB 647 billion (US$93.8 billion), though existing home transactions increased by 1.5%. The company reported a net loss of RMB 1.4 billion (US$203 million) for the year but achieved adjusted net income of RMB 2.84 billion (US$412 million), signaling some operational resilience amidst downturns.

BEKE, or KE Holdings Inc., will release its unaudited financial results for the fourth quarter and fiscal year 2022 on March 16, 2023, before U.S. market open. Management will host an earnings conference call at 8:00 A.M. Eastern Time on the same day. Interested participants can register online to receive dial-in details. A replay of the call will be available until March 23, 2023, and can also be accessed through the Company’s investor relations website. As a leading platform in housing transactions in China, KE Holdings operates Lianjia and is recognized for developing infrastructure in the real estate sector.

KE Holdings Inc. (NYSE: BEKE) reported Q3 2022 financial results, showing a net income of RMB716 million (US$101 million), a turnaround from a net loss of RMB1,766 million in Q3 2021. Gross transaction value (GTV) decreased by 11.3% YoY to RMB737.1 billion (US$103.6 billion), with existing home transactions increasing by 18.7%. Net revenues dropped by 2.8% to RMB17.6 billion (US$2.5 billion). The company's cash position remains strong at RMB57.5 billion (US$8.1 billion). The Q4 2022 revenue forecast indicates a potential decrease of about 15.7% to 18.5% YoY.

BEIJING--(BUSINESS WIRE)--KE Holdings Inc. (NYSE: BEKE; HKEX: 2423) announced it will report its unaudited financial results for Q3 2022 on November 30, 2022, before U.S. market opening. An earnings conference call is scheduled for 7:00 A.M. Eastern Time on the same date. Interested participants are required to register online and will receive dial-in details. A replay of the call will be available until December 7, 2022, and a live webcast can be accessed on the company’s investor relations website.

KE Holdings Inc. (NYSE: BEKE) reported Q2 2022 results with a 47.6% decline in gross transaction value (GTV) to RMB639.5 billion (US$95.5 billion) and net revenues down 43.0% to RMB13.8 billion (US$2.1 billion). The company suffered a net loss of RMB1,866 million (US$279 million). Active agents decreased by 24.4% to 414,915, while mobile MAUs averaged 43 million. Despite challenges, Q3 2022 revenue guidance estimates RMB16.5 billion to RMB17.0 billion, indicating a potential decrease of 6.1% to 8.8%.

KE Holdings Inc. (NYSE: BEKE; HKEX: 2423) announced the adoption of all proposed resolutions during its annual general meeting held in Beijing. Key actions included amending the company's memorandum and articles of associations and re-electing Jeffrey Zhaohui Li and Xiaohong Chen as directors. Additionally, directors received an unconditional mandate to allot shares and repurchase the company's stock. The meeting's resolutions indicate a strategic focus on enhancing corporate governance and flexibility in share management.

KE Holdings Inc. (NYSE: BEKE; HKEX: 2423) will announce its unaudited financial results for Q2 2022 on August 23, 2022, before U.S. markets open. An earnings conference call is scheduled for 8:00 A.M. Eastern Time on the same day. Participants must register online at least 20 minutes prior to the call to receive access instructions. KE Holdings operates a leading platform for housing transactions in China, leveraging its experience with Lianjia, a major real estate brokerage brand, to enhance efficiency in housing services.

KE Holdings Inc. (NYSE: BEKE; HKEX: 2423) has announced its upcoming annual general meeting (AGM) scheduled for August 12, 2022, at 11:00 a.m. Beijing time. The AGM will cover proposed resolutions supported by the board of directors. Additionally, class meetings for holders of Class A and Class B ordinary shares will be held on the same day. Shareholders as of July 12, 2022, are entitled to attend and vote at the meetings. The company has also filed its annual report for the fiscal year ended December 31, 2021, available on its website.