KE HOLDINGS Reports 140.6% YoY Revenue Growth in Q3 2022 – Net Income Down 2.8%
December 29, 2022
Earnings report
Ke Holdings Intrinsic Value – On December 1, 2022, KE HOLDINGS ($NYSE:BEKE) reported its earnings results for the third quarter of FY2022, ending on September 30, 2022. KE HOLDINGS is an online property technology company that provides real estate brokerage services, online real estate financial services, and other online property related services in China. According to the report, the company has achieved total revenue of CNY 716.1 million for the quarter, which is a growth of 140.6% year over year. This is a remarkable achievement for the company and shows the success of their strategies.
However, the company also reported net income of CNY 17596.6 million for the third quarter, which is down 2.8% year over year. Despite the decrease in net income, the company’s total revenue shows a significant growth compared to the previous year. The company attributed this growth in revenue to the strong performance of its online property-related services, which have been growing rapidly due to the increasing demand in China’s real estate market. Moreover, the company has also introduced new products and services which have helped to increase their revenue. Overall, KE HOLDINGS has reported impressive growth in revenue in Q3 2022. Though net income has decreased compared to last year, the total revenue growth is a positive development for the company and its investors. The company will continue to focus on developing new products and services to further increase its revenue in the coming quarters.
Share Price
On Thursday, KE HOLDINGS stock opened at $16.4 and closed at $16.7, down by 1.3% from the previous closing price of $16.9. The increase in revenue was mainly attributed to the strong performance of the company’s real estate and finance businesses. This was further reinforced by the increasing demand for their services in China’s rapidly developing housing market. Additionally, the company’s robust digital capabilities enabled them to capitalize on the growing online housing market. Despite these figures, investors were not encouraged by the company’s results, particularly in light of current market conditions. The stock’s drop was indicative of ongoing investor concerns about a potential economic slowdown in China and its impact on real estate and finance businesses. Overall, KE HOLDINGS reported a solid quarter with significant revenue growth on the back of its strong performance in real estate and finance businesses.
However, investors remain wary about the future prospects of the company due to potential macroeconomic headwinds and increasing expenses. Live Quote…
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 |
| 61.71k | -2.7k | -3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ke Holdings. More…
| Operations | Investing | Financing |
| 7.09k | -11.01k | -444.29 |
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 |
| 107.99k | 38.75k | 54.66 |
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 |
| 41.3% | – | -0.4% |
| FCF Margin | ROE | ROA |
| 9.2% | -0.2% | -0.1% |
VI Analysis – Ke Holdings Intrinsic Value
KE HOLDINGS is a company with strong fundamentals and long term potential. Its fair value of its stock is $22.3, calculated by the VI Line app. Unfortunately, the stock is currently trading at $16.7, indicating a 25% discount. This gives investors an opportunity to purchase the stock at a discounted rate while still enjoying the potential of strong returns in the future. The VI app provides an easy way to understand the fundamentals of a company and make an informed investment decision. It gives investors a comprehensive overview of the company’s financials, including key metrics such as revenue growth and profitability. By analyzing these figures, investors can determine if the stock is undervalued or overvalued. KE HOLDINGS has been in business for many years, and its financials reflect its long term potential. The company has been able to maintain a healthy balance sheet and generate consistent revenue growth. This indicates that the company has a good chance of continuing to grow in the future. Overall, KE HOLDINGS is an attractive investment option for those looking to take advantage of the current discount. The company has strong fundamentals and a long term outlook, making it a great choice for investors looking for a good return on their money. With the current discount in place, investors can purchase the stock at an attractive rate while still benefitting from the potential of strong returns in the future. More…
Summary
KE HOLDINGS‘ Q3 FY2022 earnings results have shown impressive growth in total revenue, up 140.6% year over year.
However, net income has slightly decreased by 2.8% year over year. Investors should consider these results when making decisions about investing in the company. Analyzing the company’s overall performance, it has been able to maintain positive growth despite the economic downturn. The strong revenue growth and positive earnings outlook could be an indication of continued success for the company in the future.
Additionally, the company’s diverse portfolio of products and services could provide investors with a wide range of opportunities for investments. Therefore, investors should take note of the company’s performance and prospects before investing in KE HOLDINGS.
