Core Insights - Beike (NYSE: BEKE; HKEX: 2423) reported its Q2 2025 financial performance on August 26, showing a total transaction volume (GTV) of 878.7 billion RMB, a year-on-year increase of 4.7% [1] - The company's net revenue reached 26 billion RMB, reflecting an 11.3% year-on-year growth, while net profit was reported at 1.307 billion RMB, with adjusted net profit at 1.821 billion RMB [1] Business Segments - The existing home business GTV reached 583.5 billion RMB, up 2.2% year-on-year, while the new home business GTV was 255.4 billion RMB, marking an 8.5% increase [1] - The home decoration and furnishing business generated net revenue of 4.6 billion RMB, a 13% year-on-year growth, and the housing rental service net revenue was 5.7 billion RMB, showing a significant increase of 78% [1] - In Q2, non-real estate transaction service net revenue accounted for 41% of total net revenue, achieving a historical high and establishing a diversified growth pattern [1]

格隆汇8月26日丨贝壳-W(02423.HK)发布公告，2025年8月25日耗资400万美元回购63.3万股。 ...

Core Insights - Beike reported its Q2 2025 financial performance, showing a total transaction value (GTV) of 878.7 billion yuan, a year-on-year increase of 4.7% [1] - The company's net revenue reached 26 billion yuan, reflecting an 11.3% year-on-year growth, while net profit stood at 1.307 billion yuan, with adjusted net profit at 1.821 billion yuan [1] Business Segments - The existing home business GTV reached 583.5 billion yuan, marking a 2.2% year-on-year increase [1] - The new home business GTV was 255.4 billion yuan, showing an 8.5% year-on-year growth [1] - The home decoration and furnishing business generated net revenue of 4.6 billion yuan, up 13% year-on-year [1] - The housing rental service net revenue was 5.7 billion yuan, with a significant year-on-year increase of 78% [1] - Non-real estate transaction service net revenue accounted for 41% of total net revenue in Q2 [1]

Core Viewpoint - Beike's stock rose 2% in pre-market trading on August 26, ahead of its earnings report release, with expectations of revenue growth and a decline in earnings per share [1] Group 1: Company Performance - Beike is expected to report Q2 2025 revenue of 26.195 billion yuan, representing a year-on-year increase of 12.09% [1] - The forecasted earnings per share for Beike is 0.982 yuan, which indicates a year-on-year decline of 39.01% [1] Group 2: Industry Impact - Recent policy adjustments in Shanghai, including changes to housing purchase restrictions and public housing fund regulations, are anticipated to boost transaction volumes and enhance market confidence [1] - These measures are expected to have a positive impact on real estate transaction service platforms such as Beike and Fangduoduo [1]

8月26日，贝壳-W发布2025年第二季度未经审计财务业绩。 截至2025年6月30日经纪人数量为557,974名，较上年同期增加21.6%。截至2025年6月30日活跃经纪人数 量为491,573名，较上年同期增加19.5%。 2025年第二季度的移动月活跃用户数量平均为4,870万名，而2024年同期为4,970万名。 净收入为人民币260亿元（36亿美元），同比增加11.3%。 净利润为人民币1,307百万元（182百万美元），同比下降31.2%。经调整净利润为人民币1,821百万元 （254百万美元），同比下降32.4%。 截至2025年6月30日门店数量为60,546家，较上年同期增加31.8%。截至2025年6月30日活跃门店数量为 58,664家，较上年同期增加32.1%。 2025年第二季度，实现总交易额为人民币8,787亿元（1,227亿美元），同比增加4.7%。存量房交易的总 交易额为人民币5,835亿元（815亿美元），同比增加2.2%。新房交易的总交易额为人民币2,554亿元 （356亿美元），同比增加8.5%。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年8月26日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | ...

Core Insights - The article highlights the financial performance of Beike (NYSE:BEKE; HKEX:2423) for the second quarter of 2025, showcasing its steady growth driven by refined operations and scientific management [1] Financial Performance - The total transaction volume (GTV) reached 878.7 billion RMB, representing a year-on-year increase of 4.7% [1] - Net revenue amounted to 26 billion RMB, reflecting a year-on-year growth of 11.3% [1] - The net profit was reported at 1.307 billion RMB, with adjusted net profit at 1.821 billion RMB [1] Business Diversification - Non-real estate transaction service revenue accounted for 41% of total net revenue, marking a historical high and indicating a diversified growth pattern [1]

格隆汇8月26日｜科技驱动的一站式新居住服务平台贝壳(NYSE:BEKE；HKEX:2423)8月26日发布2025 年第二季度财务业绩。贝壳于今年二季度实现总交易额(GTV)8,787亿元人民币，同比增长4.7%；净收 入达到260亿元人民币，同比增长11.3%，经调整净利润为18.21亿元人民币。与此同时，贝壳宣布已获 董事会批准对现有股份回购计划进行进一步扩大及延长，回购授权由30亿美元增加至50亿美元，回购计 划期限延长至2028年8月31日。 基于稳健的现金储备，贝壳持续加大股东回报，通过积极的股票回购，进一步提升资本配置、提高资本 运营效率，并与投资者分享发展的红利。2025年二季度，贝壳回购金额约2.5亿美元。今年上半年，贝 壳累计斥资约3.94亿美元用于股票回购，回购股数占2024年末已发行总股本的约1.7%。自2022年9月回 购计划启动以来，截至2025年二季度末，贝壳累计回购金额达20.2亿美元，累计回购股数约占回购计划 启动前已发行总股本的10.3%。 "贝壳凭借稳固的业务基础和多元化布局，实现了显著优于市场的表现。我们在做积极的经营改善，推 动企业长期价值的最大化。AI驱动的精细化运 ...

8月26日晚间，贝壳在港交所公告，2025年第二季度净收入为人民币260亿元，同比增加11.3%；净利润 为人民币13.07亿元，同比下降31.2%。截至2025年6月30日门店数量为60,546家，较上年同期增加 31.8%。 来源：智通财经 ...

Core Viewpoint - Beike-W (02423) reported a total net revenue of RMB 49.339 billion for the six months ending June 30, 2025, representing a year-on-year increase of 24.13%, while net profit attributable to Beike Holdings Limited decreased by 7.2% to RMB 2.157 billion [1] Group 1: Financial Performance - The net income for the first half of the year was RMB 49.339 billion, a 24.13% increase year-on-year [1] - Net profit attributable to Beike Holdings Limited was RMB 2.157 billion, a decrease of 7.2% year-on-year [1] - Basic earnings per share for ordinary shareholders was RMB 0.64 [1] Group 2: Business Strategy and Operations - The company is transitioning from scale-driven growth to efficiency-driven growth, leveraging AI technology and scientific management in property transaction services [2] - In the home decoration and furnishing business, the company is focusing on community cultivation and enhancing user trust and convenience through productized model homes [2] - The rental service is improving operational efficiency through product iteration and AI-driven operations [2] Group 3: Market Position and Growth - The platform's non-chain active store count increased by 36.8% year-on-year, and the number of non-chain active agents grew by nearly 24% [3] - Non-property transaction services accounted for 41% of total net revenue in the second quarter, marking a historical high [3] - The company has repurchased approximately USD 394 million in shares, representing about 1.7% of the total shares outstanding as of the end of 2024, and has increased the share repurchase authorization from USD 3 billion to USD 5 billion, extending the plan until August 31, 2028 [3]