K

Ke Holdings Inc
HKEX:2423

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Ke Holdings Inc
HKEX:2423
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Price: 43.02 HKD -1.24% Market Closed
Market Cap: HK$150.8B

Net Margin

3.4%
Current
Declining
by 1.7%
vs 3-y average of 5.1%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.4%
=
Net Income
¥3.5B
/
Revenue
¥103.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.4%
=
Net Income
HK$3.5B
/
Revenue
¥103.5B

Peer Comparison

Country Company Market Cap Net
Margin
CN
Ke Holdings Inc
HKEX:2423
146.8B HKD
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US
CBRE Group Inc
NYSE:CBRE
43.5B USD
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US
Jones Lang LaSalle Inc
NYSE:JLL
14.7B USD
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US
Zillow Group Inc
NASDAQ:ZG
10.9B USD
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CA
FirstService Corp
TSX:FSV
9.9B CAD
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US
Compass Inc
NYSE:COMP
7.2B USD
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CA
Colliers International Group Inc
TSX:CIGI
8.5B CAD
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US
Opendoor Technologies Inc
NASDAQ:OPEN
5.2B USD
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UK
Cushman & Wakefield PLC
NYSE:CWK
3.1B USD
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US
Newmark Group Inc
NASDAQ:NMRK
2.6B USD
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US
Anywhere Real Estate Inc
NYSE:HOUS
2B USD
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Market Distribution

In line with most companies in China
Percentile
49th
Based on 8 721 companies
49th percentile
3.4%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

Ke Holdings Inc
Glance View

Market Cap
150.8B HKD
Industry
Real Estate

Ke Holdings Inc., often recognized by its service brand Beike, emerged as a trailblazer within China's real estate and housing ecosystem. The company deftly marries the rich tradition of property brokerage with the modern prowess of an integrated online platform. Founded through the merger of Lianjia, a premier real estate brokerage, with an innovative technology arm, Ke Holdings swiftly positioned itself as a facilitator for millions seeking homes. At its core, the company operates as a digital bridge, connecting a vast network of agents, buyers, and sellers. Their ecosystem not only provides traditional brokerage services but also leverages big data and AI to deliver personalized home matchings, value estimations, and comprehensive transaction histories. Through this, Ke Holdings enhances both the efficiency and transparency of China's real estate transactions in a market that craves trust and reliability. Financially, Ke Holdings thrives on multiple revenue streams, primarily deriving its income from commission fees on property transactions. As home transactions occur, the company earns a percentage, reflecting its role in simplifying and securing deals. Diversifying its portfolio, Ke Holdings also delves into value-added services such as home renovation and furnishing—offering an integrated lifestyle solution beyond just property purchase. Additionally, through various financial services, including home loans and transactional insurance, Ke Holdings further solidifies its relationship with consumers, ensuring a sticky customer base. Effectively, Ke Holdings combines the physical touchpoints of a traditional brokerage with the scalability and efficiency of a modern tech platform, constantly seeking to streamline the labyrinthine journey of home buying in China.

Intrinsic Value
35.93 HKD
Overvaluation 16%
Intrinsic Value
Price
K
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
3.4%
=
Net Income
¥3.5B
/
Revenue
¥103.5B
What is Ke Holdings Inc's current Net Margin?

The current Net Margin for Ke Holdings Inc is 3.4%, which is below its 3-year median of 5.1%.

How has Net Margin changed over time?

Over the last 3 years, Ke Holdings Inc’s Net Margin has increased from -4.4% to 3.4%. During this period, it reached a low of -4.4% on Sep 30, 2022 and a high of 7.6% on Dec 31, 2023.

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