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Side-by-side financial comparison of KE Holdings Inc. (BEKE) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

KE Holdings Inc. is the larger business by last-quarter revenue ($3.2B vs $2.8B, roughly 1.2× PAN AMERICAN SILVER CORP).

KE Holdings Inc., operating under the well-known Beike brand, is a leading integrated online and offline residential service platform based in China. It offers a full range of services including second-hand property brokerage, new housing sales agency, home rental, renovation, and related financial consultation to meet diverse housing-related demands of consumers across multiple scenarios.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

BEKE vs PAAS — Head-to-Head

Bigger by revenue
BEKE
BEKE
1.2× larger
BEKE
$3.2B
$2.8B
PAAS

Income Statement — Q3 FY2025 vs Q3 FY2022

Metric
BEKE
BEKE
PAAS
PAAS
Revenue
$3.2B
$2.8B
Net Profit
$104.9M
Gross Margin
21.4%
27.0%
Operating Margin
2.6%
Net Margin
3.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEKE
BEKE
PAAS
PAAS
Q4 25
$3.2B
Q3 25
$3.6B
Q1 25
$3.2B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$2.3B
Q3 23
$2.4B
Q2 23
$2.7B
Net Profit
BEKE
BEKE
PAAS
PAAS
Q4 25
$104.9M
Q3 25
$182.4M
Q1 25
$117.9M
Q3 24
$166.5M
Q2 24
$261.5M
Q1 24
$59.8M
Q3 23
$160.4M
Q2 23
$179.2M
Gross Margin
BEKE
BEKE
PAAS
PAAS
Q4 25
21.4%
Q3 25
21.9%
Q1 25
20.7%
Q3 24
22.7%
Q2 24
27.9%
Q1 24
25.2%
Q3 23
27.4%
Q2 23
27.4%
Operating Margin
BEKE
BEKE
PAAS
PAAS
Q4 25
2.6%
Q3 25
4.1%
Q1 25
2.5%
Q3 24
3.2%
Q2 24
8.6%
Q1 24
0.1%
Q3 23
5.1%
Q2 23
5.5%
Net Margin
BEKE
BEKE
PAAS
PAAS
Q4 25
3.2%
Q3 25
5.0%
Q1 25
3.7%
Q3 24
5.2%
Q2 24
8.1%
Q1 24
2.6%
Q3 23
6.6%
Q2 23
6.7%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEKE
BEKE
PAAS
PAAS
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$16.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEKE
BEKE
PAAS
PAAS
Q4 25
$1.3B
Q3 25
$1.6B
Q1 25
$1.8B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$2.5B
Q3 23
$2.2B
Q2 23
$4.4B
Stockholders' Equity
BEKE
BEKE
PAAS
PAAS
Q4 25
Q3 25
$9.6B
Q1 25
$9.5B
Q3 24
$10.1B
Q2 24
$9.7B
Q1 24
$9.6B
Q3 23
$9.9B
Q2 23
$10.0B
Total Assets
BEKE
BEKE
PAAS
PAAS
Q4 25
$16.8B
Q3 25
$17.3B
Q1 25
$18.0B
Q3 24
$17.5B
Q2 24
$16.9B
Q1 24
$16.5B
Q3 23
$16.2B
Q2 23
$16.2B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEKE
BEKE

New home transaction services$932.6M29%
Existing home transaction services$841.5M26%
Home rental services$804.4M25%
Home renovation and furnishing$604.0M19%
Emerging and other services$55.6M2%

PAAS
PAAS

Segment breakdown not available.

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