Detail akcie KE Hldg Sp ADS-A online

Business Summary: KE Holdings Inc is a holding company mainly engaged in housing transactions and related services. The Company operates in four segments. The Existing Home Transaction Services segment mainly provides agency services to sales or leases of existing homes, and platform and franchise services to brokerage firms on Beike platform, as well as other transaction services. The New Home Transaction Services segment mainly provides new home transaction and agency services to real estate developers. The Home Renovation and Furnishing segment provides a one-stop solution to give housing customers access to a comprehensive range of home renovation and furnishing, ranging from interior design, renovation, re-modeling, furnishing, supplies, to after-sales maintenance and repair. The Emerging and Other Services segment is engaged in rental property management service business, financial service business and others.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, KE Holdings Inc - ADR revenues increased 8% to RMB62.33B. Net income decreased 33% to RMB3.49B. Revenues reflect Home renovation segment increase of 48% to RMB10.66B. Net income was offset by Sales and marketing expenses increase of 19% to RMB5.3B (expense), General and administrative expenses increase of 19% to RMB4.54B (expense).