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]

Core Insights - The company 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% [1] - Net profit attributable to the company decreased by 7.2% to RMB 2.157 billion, with basic earnings per share of RMB 0.64 [1] Group 1: Business Performance - The company is transitioning from scale-driven growth to efficiency-driven growth, leveraging AI technology and scientific management in property transaction services [2] - The expansion of the company's network saw a 36.8% year-on-year increase in non-chain active stores and a nearly 24% increase in non-chain active agents [3] - Non-property transaction services accounted for 41% of total net revenue in the second quarter, marking a historical high and indicating a diversified growth pattern [3] Group 2: Strategic Initiatives - The company is enhancing its home decoration and rental services by focusing on community engagement and product iteration, aiming to improve user trust and operational efficiency [2] - The company has allocated approximately USD 394 million for share repurchases, 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]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 KE Holdings Inc. 貝殼控股有限公司 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2423） 內幕消息 貝殼控股有限公司公佈2025年第二季度 未經審計財務業績及擴大及延長股份回購計劃 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.09條及《證券及期貨 條例》（第571章）第XIVA部而刊發。 中國北京，2025年8月26日－領先的線上線下一體化的房產交易和服務平台貝 殼控股有限公司（「貝殼」或「本公司」）（紐交所代碼：BEKE；香港聯交所代號： 2423）今日公佈其截至2025年6月30日止第二季度未經審計財務業績，有關業績乃 根據不同於國際財務報告準則的美國公認會計準則（「公認會計準則」）編製，並公 佈擴大及延長股份回購計劃。 本公司股東及潛在投資者於買賣本公司證券時務請審慎行事。 2025年第二季度業務及財務摘要 • 總交易額1為人民幣8,787億元 ...