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KE Holdings Inc (BEKE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Margin ... [Yahoo! Finance]

KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE) 
Company Research Source: Yahoo! Finance
Gross Margin: 22.7%, declined by 4.7 percentage points year-over-year. GAAP Net Income: RMB1.2 billion, showing a year-over-year decrease of 0.2%. Non-GAAP Net Income: RMB1.8 billion, reflecting a year-over-year decrease of 17.5%. Existing Home Transaction GTV: RMB477.8 billion, up 8.8% year-over-year. New Home Transaction GTV: RMB227.6 billion, up 18.4% year-over-year. Home Renovation and Furnishing Revenue: RMB4.2 billion, rising by 32.6% year-over-year. Home Rental Services Revenue: RMB3.9 billion, up 118.4% year-over-year. Cash Liquidity: RMB76.3 billion, excluding customer deposit payable. Share Repurchase: USD784 million worth of shares repurchased this year. Warning! GuruFocus has detected 1 Warning Sign with BEKE. Release Date: November 21, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript KE Holdings Inc ( NYSE:BEKE ) reported a 12.5% year-over-year increase in total GTV, reaching RMB736.8 billion Show less Read more
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