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SIGNIFICANT ACCOUNTING POLICIES - Revenue recognition (Details) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2025 CNY (¥) | Dec. 31, 2024 CNY (¥) | Dec. 31, 2025 USD ($)
Revenue recognition |  |  |
Prior contract liability and deferred revenue recognized this year | ¥ 5,424,200,000 |  |
Remaining performance obligation, amount | 6,100,000,000 | ¥ 6,300,000,000 |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 4,360,595,000 | 4,402,916,000 |
Impairment losses of capitalized costs of obtaining contracts with customers | 0 | 0 |
Deferred revenue under ASC 842: |  |  |
Total | 5,690,293,000 | 6,051,867,000 | $ 813,701
Existing home transaction services |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 275,811,000 | 369,839,000 |
New home transaction services |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 704,799,000 | 966,810,000 |
Home renovation and furnishing |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 2,143,164,000 | 2,973,192,000 |
Beihaojia Business |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 832,065,000 | 0 |
Home rental services |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | 282,872,000 | 0 |
Deferred revenue under ASC 842: |  |  |
Deferred revenue | 1,329,698,000 | 1,648,951,000 |
Emerging and other services |  |  |
Contract liabilities under ASC 606: |  |  |
Contract liabilities | ¥ 121,884,000 | ¥ 93,075,000 |

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