KE Holdings Inc. (BEKE) is a leading integrated online and offline platform for housing transactions and services in China. The company's financial performance has been strong, as reflected in its income statement. For the latest fiscal year, KE Holdings reported total revenue of $7.5 billion, representing a significant increase compared to the previous year. Gross profit for the same period was $1.8 billion, indicating a healthy margin. EBIT, or earnings before interest and taxes, stood at $937 million, showcasing the company's profitability. EBITDA, which adds back depreciation and amortization expenses, reached $1 billion. These figures highlight the robust financial performance of KE Holdings.
On the balance sheet, KE Holdings exhibits a strong financial position. The company's total assets amounted to $20 billion, while total liabilities stood at $14 billion. This indicates a healthy level of stockholders' equity, which amounted to $6 billion. The company's net debt was relatively low at $1.2 billion, indicating efficient management of its debt obligations. KE Holdings also maintains a significant amount of cash equivalents, providing liquidity for its operations. The company's cash flow statement further demonstrates its financial strength, with positive operating cash flow, investing cash flow, and financing cash flow. This results in strong free cash flow, allowing KE Holdings to fund its growth initiatives and return value to shareholders.
In summary, KE Holdings Inc. (BEKE) has shown impressive financial performance, with strong revenue growth, profitability, and a robust balance sheet. The company's integrated platform for housing transactions and services has positioned it as a leader in China's real estate market. With a solid financial foundation and ample liquidity, KE Holdings is well-positioned to continue its growth trajectory and deliver value to its stakeholders.