SEGMENT INFORMATION (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2025
CNY (¥)
segment
|
Dec. 31, 2025
USD ($)
segment
|
Dec. 31, 2024
CNY (¥)
|
Dec. 31, 2023
CNY (¥)
|
|
| SEGMENT INFORMATION | ||||
| Number of reportable segments | segment | 5 | 5 | ||
| Number of operating segments | segment | 5 | 5 | ||
| Number of customers | no | no | no | no |
| Net revenues | ¥ 94,580,205 | $ 13,524,789 | ¥ 93,457,498 | ¥ 77,776,932 |
| Property leasing costs, commission and compensation | (20,020,954) | (2,862,958) | (13,619,506) | (6,163,044) |
| Cost related to stores | (2,851,831) | (407,806) | (2,854,988) | (2,872,093) |
| Other costs | (2,383,938) | (340,898) | (2,138,510) | (1,882,952) |
| Sales and marketing expenses | (7,328,909) | (1,048,020) | (7,783,341) | (6,654,178) |
| General and administrative expenses | (8,075,414) | (1,154,769) | (8,960,747) | (8,236,569) |
| Research and development expenses | (2,580,564) | (369,016) | (2,283,424) | (1,936,780) |
| Impairment of goodwill, intangible assets and other long-lived assets | (116,332) | (16,635) | (151,576) | (93,417) |
| Total operating expenses | 18,101,219 | 2,588,440 | 19,179,088 | 16,920,944 |
| Income from operations | 2,110,858 | $ 301,849 | 3,764,967 | 4,797,070 |
| Existing home transaction services | ||||
| SEGMENT INFORMATION | ||||
| Net revenues | 25,020,035 | 28,201,003 | 27,954,135 | |
| Commission and compensation costs | (15,185,117) | (16,016,079) | (14,762,910) | |
| Total segment contribution | 9,834,918 | 12,184,924 | 13,191,225 | |
| New home transaction services | ||||
| SEGMENT INFORMATION | ||||
| Net revenues | 30,597,319 | 33,653,403 | 30,575,778 | |
| Commission and compensation costs | (22,950,571) | (25,304,481) | (22,455,253) | |
| Total segment contribution | 7,646,748 | 8,348,922 | 8,120,525 | |
| Home renovation and furnishing | ||||
| SEGMENT INFORMATION | ||||
| Net revenues | 15,426,141 | 14,768,947 | 10,850,497 | |
| Material costs, commission and compensation | (10,581,816) | (10,229,696) | (7,705,325) | |
| Total segment contribution | 4,844,325 | 4,539,251 | 3,145,172 | |
| Home rental services | ||||
| SEGMENT INFORMATION | ||||
| Net revenues | 21,900,320 | 14,334,479 | 6,099,747 | |
| Property leasing costs, commission and compensation | (20,020,954) | (13,619,506) | (6,163,044) | |
| Total segment contribution | 1,879,366 | 714,973 | (63,297) | |
| Emerging and other services | ||||
| SEGMENT INFORMATION | ||||
| Net revenues | 1,636,390 | 2,499,666 | 2,296,775 | |
| Commission and compensation costs | (393,901) | (350,183) | (217,341) | |
| Total segment contribution | ¥ 1,242,489 | ¥ 2,149,483 | ¥ 2,079,434 | |
| X | ||||||||||
- Definition The amount of commission and compensation costs incurred. No definition available.
|
| X | ||||||||||
- Definition The amount of contribution. No definition available.
|
| X | ||||||||||
- Definition The amount of cost related to home rental services. No definition available.
|
| X | ||||||||||
- Definition The amount of material costs, Commission and compensation costs. No definition available.
|
| X | ||||||||||
- Definition The amount of cost related to stores. No definition available.
|
| X | ||||||||||
- Definition Description of risks that arise due to the volume of business transacted with a particular customer. At a minimum, the description informs financial statement users of the general nature of the risk, but excludes "Information about Major Customers" that may be disclosed elsewhere (for instance, segment disclosures). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Total loss recognized during the period from the impairment of goodwill plus the loss recognized in the period resulting from the impairment of the carrying amount of intangible assets, other than goodwill. No definition available.
|
| X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|