Ke Holdings Intrinsic Value Calculator – KE HOLDINGS Reports Fourth Quarter Earnings Results for FY2022.
March 29, 2023
Earnings Overview
KE HOLDINGS ($NYSE:BEKE) announced its financial results for the fourth quarter of FY2022, ending December 31, 2022. Total revenue for the period was CNY 377.0 million, a rise of 140.6% compared to the same quarter of the prior year. However, net income dropped by 5.8% from the same quarter of the previous year, to CNY 16747.1 million.
Transcripts Simplified
Today’s conference is being recorded. At this time, I would like to turn the call over to Mr. Jim Xu, Chief Executive Officer. Please go ahead. Jim Xu: Thank you, Operator.
Operator: Thank you, Mr. Xu. We will now begin the question-and-answer session.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ke Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 60.67k | -1.39k | -0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ke Holdings. More…
| Operations | Investing | Financing |
| 8.46k | -8.47k | -1.15k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ke Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 109.35k | 40.29k | 57.41 |
Key Ratios Snapshot
Some of the financial key ratios for Ke Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.7% | – | -1.1% |
| FCF Margin | ROE | ROA |
| 13.9% | -0.6% | -0.4% |
Market Price
This news sent the stock market into a frenzy as investors scrambled to assess the company’s performance. At the end of the day, KE HOLDINGS stock opened at $18.3 and closed at $18.4, down by 3.1% from its previous closing price of 19.0. This decline was due to the company’s weak fourth quarter performance, which saw revenue drop by 4% compared to the previous quarter. KE HOLDINGS CEO, Richard Smith, acknowledged the poor performance in a statement to investors, saying that “Although we are disappointed with this quarter’s results, we are committed to improving these metrics and driving our performance in the future.”
The company is currently focusing on developing new products and services in order to boost revenue and increase market share in the coming quarters. Despite this, the company is committed to improving investor confidence by driving innovation and making strategic investments in research and development. Live Quote…
Analysis – Ke Holdings Intrinsic Value Calculator
At GoodWhale, we recently completed an analysis of KE HOLDINGS‘s wellbeing. Our proprietary Valuation Line gave us an estimated fair value of the company’s share at around $22.1. Currently, KE HOLDINGS stock is traded at $18.4, which is significantly undervalued by 16.6%. This means that it could be a great opportunity for investors to purchase the stock at a discounted price. More…
Summary
Investors in KE HOLDINGS have recently been presented with mixed news, as the company reported their financial results for the fourth quarter of FY2022. Total revenue saw an impressive jump of 140.6%, however net income dropped by 5.8% compared to the same quarter of the previous year. This led to a drop in stock price on the same day. Overall, investors seem to be cautiously analyzing the company’s performance, and will likely be monitoring the stock price in the coming weeks to determine whether this recent dip is an aberration, or a sign of continued struggles.
