| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 11,442.97a | 19,634.72a |
| Restricted cash | 8,858.45a | 6,222.75a |
| Short-term investments | 41,317.7a | 34,257.96a |
| Financing receivables, net of allowance for credit losses of RMB122,482 and RMB147,330 as of December 31, 2023 and 2024, respectively | 2,835.53a | 1,347.76a |
| Accounts receivable and contract assets, net of allowance for credit losses of RMB1,681,127 and RMB1,636,163 as of December 31, 2023 and 2024, respectively | 5,497.99a | 3,176.17a |
| Amounts due from and prepayments to related parties | 379.22a | 419.27a |
| Loan receivables from related parties | 18.8a | 28.03a |
| Prepayments, receivables and other assets | 6,252.7a | 4,666.98a |
| Total current assets | 76,603.35a | 69,753.62a |
| Non-current assets | — | — |
| Property, plant and equipment, net | 2,400.21a | 1,965.1a |
| Right-of-use assets | 23,366.88a | 17,617.92a |
| Long-term investments, net | 23,790.11a | 23,570.99a |
| Intangible assets, net | 857.64a | 1,067.46a |
| Goodwill | 4,777.42a | 4,856.81a |
| Long-term loan receivables from related parties | 131.41a | 27a |
| Other non-current assets | 1,222.28a | 1,473.04a |
| Total non-current assets | 56,545.94a | 50,578.31a |
| Total assets | 133,149.28a | 120,331.93a |
| Liabilities | — | — |
| Current liabilities | — | — |
| Accounts payable | 9,492.63a | 6,328.52a |
| Amounts due to related parties | 391.45a | 430.35a |
| Employee compensation and welfare payable | 8,414.47a | 8,145.78a |
| Customer deposits payable | 6,078.62a | 3,900.56a |
| Income taxes payable | 1,028.74a | 698.57a |
| Short-term borrowings | 288.28a | 290.45a |
| Lease liabilities current portion | 13,729.7a | 9,368.61a |
| Contract liabilities and deferred revenue | 6,051.87a | 4,665.2a |
| Accrued expenses and other current liabilities | 7,268.51a | 5,695.95a |
| Total current liabilities | 52,744.26a | 39,523.98a |
| Non-current liabilities | — | — |
| Deferred tax liabilities | 317.7a | 279.34a |
| Lease liabilities non-current portion | 8,636.77a | 8,327.11a |
| Other non-current liabilities | 2.56a | 0.39a |
| Total non-current liabilities | 8,957.03a | 8,606.84a |
| Total liabilities | 61,701.29a | 48,130.83a |
| Shareholders’ equity | — | — |
| KE Holdings Inc. shareholders’ equity | — | — |
| Ordinary shares | 0.46a | 0.48a |
| Treasury shares | -949.41a | -866.2a |
| Additional paid-in capital | 72,460.56a | 77,583.05a |
| Statutory reserves | 926.97a | 811.11a |
| Accumulated other comprehensive income | 609.11a | 244.3a |
| Accumulated deficit | -1,723.88a | -5,672.92a |
| Total KE Holdings Inc. shareholders’ equity | 71,323.82a | 72,099.82a |
| Non-controlling interests | 124.18a | 101.28a |
| Total shareholders’ equity | 71,448a | 72,201.11a |
| Total liabilities and shareholders’ equity | 133,149.28a | 120,331.93a |