For the Year Ended December 31,

 

2023

 

2024

 

2025

(RMB in thousands, except for share and per share data)

Numerator:

Net income attributable to KE Holdings Inc.

5,883,224

4,064,900

2,993,975

Net income attributable to KE Holdings Inc.’s ordinary shareholders

5,883,224

4,064,900

2,993,975

Denominator:

Denominator for basic net income per share-weighted average ordinary shares outstanding

3,521,379,938

3,409,772,592

3,326,149,994

Adjustments for dilutive share options

9,338,346

11,026,547

4,954,186

Adjustments for dilutive restricted shares

72,916,553

104,034,579

113,084,875

Adjustments for dilutive restricted share units

8,018,183

12,574,311

27,887,094

Denominator for diluted net income per share-weighted average ordinary shares outstanding

3,611,653,020

3,537,408,029

3,472,076,149

Net income per share attributable to ordinary shareholders:

—Basic

1.67

1.19

0.90

—Diluted

1.63

1.15

0.86