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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2020
CNY (¥)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 40,969,979 $ 6,278,924 ¥ 24,319,332
Restricted cash 8,567,496 1,313,026 7,380,341
Short-term investments 15,688,321 2,404,340 1,844,595
Short-term financing receivables, net of allowance for credit losses of RMB92,223 and RMB113,905 as of December 31, 2019 and 2020, respectively 3,931,641 602,550 2,125,621
Accounts receivable, net of allowance for credit losses of RMB460,962 and RMB1,122,218 as of December 31, 2019 and 2020, respectively 13,183,559 2,020,469 8,093,219
Amounts due from and prepayments to related parties 484,349 74,230 927,306
Loan receivables from related parties 36,378 5,575 1,929,076
Prepayments, receivables and other assets 4,677,378 716,840 5,292,996
Total current assets 87,539,101 13,415,954 51,912,486
Non-current assets      
Property and equipment, net 1,472,460 225,664 1,134,228
Right-of-use assets 6,821,100 1,045,380 5,625,015
Long-term financing receivables, net of allowance for credit losses of RMB847 and RMB13,414 as of December 31, 2019 and 2020, respectively 218,018 33,413 265,868
Long-term investments, net 3,140,315 481,274 2,333,745
Intangible assets, net 1,642,651 251,747 2,560,442
Goodwill 2,467,497 378,160 2,477,075
Non-current restricted cash 0   230,903
Other non-current assets 994,394 152,398 725,550
Total non-current assets 16,756,435 2,568,036 15,352,826
TOTAL ASSETS 104,295,536 15,983,990 67,265,312
Current liabilities      
Accounts payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB120,892 and RMB139,103 as of December 31, 2019 and 2020, respectively) 6,594,846 1,010,704 4,212,705
Amounts due to related parties (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB104,957 and RMB1,537 as of December 31, 2019 and 2020, respectively) 254,255 38,966 263,659
Employee compensation and welfare payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB1,587,750 and RMB358,456 as of December 31, 2019 and 2020, respectively) 11,231,800 1,721,349 9,113,011
Customer deposits payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB3,173,825 and RMB5,380,491 as of December 31, 2019 and 2020, respectively) 6,743,256 1,033,451 4,382,803
Income taxes payable (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB206,334 and RMB146,119 as of December 31, 2019 and 2020, respectively) 986,465 151,182 994,815
Short-term borrowings (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB720,000 and nil as of December 31, 2019 and 2020, respectively) 0 0 720,000
Lease liabilities current portion (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB98,260 and RMB18,079 as of December 31, 2019 and 2020, respectively) 2,625,979 402,449 2,222,745
Short-term funding debts (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB2,291,723 and RMB1,432,375 as of December 31, 2019 and 2020, respectively) 1,512,510 231,802 2,291,723
Contract liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB49,191 and RMB27,397 as of December 31, 2019 and 2020, respectively) 734,157 112,514 593,373
Accrued expenses and other current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB205,337 and RMB416,197 as of December 31, 2019 and 2020, respectively) 2,950,078 452,119 3,002,841
Total current liabilities 33,633,346 5,154,536 27,797,675
Non-current liabilities      
Deferred tax liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB49,524 and RMB7,700 as of December 31, 2019 and 2020, respectively) 17,289 2,650 22,446
Lease liabilities non-current portion (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB101,727 and RMB25,475 as of December 31, 2019 and 2020, respectively) 3,833,914 587,572 2,914,240
Long-term borrowings 0 0 4,890,030
Long-term funding debts (including amounts of the consolidated VIEs without recourse to the primary beneficiaries of RMB7,500 and RMB15,000 as of December 31, 2019 and 2020, respectively) 15,000 2,299 7,500
Other non-current liabilities 3,471 532 97,829
Total non-current liabilities 3,869,674 593,053 7,932,045
TOTAL LIABILITIES 37,503,020 5,747,589 35,729,720
Commitments and contingencies (Note 28)
MEZZANINE EQUITY      
TOTAL MEZZANINE EQUITY 0 0 40,372,895
KE Holdings Inc. shareholders' equity (deficit)      
Ordinary Shares 482 74 202
Additional paid-in capital 77,433,882 11,867,262 2,533,889
Statutory reserves 392,834 60,204 253,732
Accumulated other comprehensive income (loss) (1,834,087) (281,086) 63,308
Accumulated deficit (9,227,664) (1,414,202) (11,775,637)
Total KE Holdings Inc. shareholders' equity (deficit) 66,765,447 10,232,252 (8,924,506)
Non-controlling interests 27,069 4,149 87,203
TOTAL SHAREHOLDERS' EQUITY (DEFICIT) 66,792,516 10,236,401 (8,837,303)
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY (DEFICIT) 104,295,536 15,983,990 67,265,312
Series B Convertible Redeemable Preferred Shares      
MEZZANINE EQUITY      
TOTAL MEZZANINE EQUITY 0 0 6,406,056
Series C Convertible Redeemable Preferred Shares      
MEZZANINE EQUITY      
TOTAL MEZZANINE EQUITY 0 0 12,118,251
Series D Convertible Redeemable Preferred Shares      
MEZZANINE EQUITY      
TOTAL MEZZANINE EQUITY 0 0 11,831,223
Series D+ Convertible Redeemable Preferred Shares      
MEZZANINE EQUITY      
TOTAL MEZZANINE EQUITY ¥ 0 $ 0 ¥ 10,017,365