Fangdd Network Group Ltd. financials
Source: EDGAR filings · Built 2026-06-19T00:47:14Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -83.60M | -68.55M | -186.41M | -127.18M | -73.08M | -335.24M |
| EBITDA | -122.92M | -125.20M | -264.47M | -246.65M | -949.60M | -222.24M |
| Working Capital | 180.72M | 222.04M | 63.36M | -90.83M | 46.57M | 917.23M |
| Net Debt | -28.52M | -73.89M | -121.59M | -69.40M | — | — |
| Gross Margin | 17.92% | 18.21% | 14.46% | 3199.87% | 11.30% | 16.91% |
| Operating Margin | -37.57% | -37.06% | -93.06% | -32263.00% | -101.58% | -9.22% |
| Net Margin | -23.87% | 9.09% | -32.20% | -31570.25% | -124.28% | -8.99% |
| Return on Equity (ROE) | -14.65% | 7.98% | -46.85% | -243.76% | -373.86% | -15.26% |
| Return on Assets (ROA) | -10.75% | 4.22% | -11.92% | -22.67% | -61.22% | -5.44% |
| Current Ratio | 1.86× | 1.68× | 1.12× | 0.90× | 1.03× | 1.36× |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.74× | — | — |
| Effective Tax Rate | 19.07% | -37.07% | 1.99% | -3.23% | -0.75% | -7.09% |
| Cash Conversion Ratio | 0.71× | -1.96× | 2.03× | 0.52× | 0.05× | 1.48× |
| Accruals Ratio | -0.03× | 0.12× | 0.12× | -0.11× | -0.58× | 0.03× |
| SBC % of Revenue | — | 0.01% | 0.04% | 2163.52% | 4.99% | 4.19% |
| CapEx Coverage | -2.57× | -7.38× | -628.78× | -654.55× | -4.86× | -31.71× |
| Free Cash Flow Per Share | ¥-12.79 | ¥-100.60 | ¥-726.65 | ¥-344.16 | ¥-0.04 | ¥-0.17 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | 284.96M | 35.66M | 147.88M | 375.68M |
| Revenues | 50.74M | 46.46M | 40.13M | 245.95M | 942.38M | — |
| Cost of Revenue | 41.65M | 38.00M | 34.33M | 32.07M | 131.17M | 312.16M |
| Gross Profit | 9.09M | 8.46M | 5.80M | 3.59M | 16.71M | 63.52M |
| Research and Development Expense | 3.63M | 3.39M | 4.53M | 9.56M | 26.29M | 46.19M |
| Operating Expenses | 28.16M | 25.68M | 43.15M | 39.74M | 166.93M | 98.16M |
| Operating Income (Loss) | -19.06M | -17.22M | -37.35M | -36.16M | -150.22M | -34.64M |
| Income Tax Expense (Benefit) | -2.90M | -1.05M | -266.00K | 1.09M | 1.40M | 2.25M |
| Net Income (Loss) Attributable to Parent | -12.11M | 4.22M | -12.92M | -35.38M | -183.78M | -33.76M |
| Earnings Per Share, Basic | $-1.85 | $0.47 | $-0.00 | $-0.02 | $-0.09 | ¥-0.11 |
| Weighted Average Number of Shares Outstanding, Basic | 6.54M | 681,396 | 256,539 | 369,533 | 2.02B | 1.99B |
| Earnings Per Share, Diluted | $-1.85 | $0.47 | $-0.00 | $-0.02 | $-0.09 | ¥-0.11 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.54M | 681,396 | 256,539 | 369,533 | 2.02B | 1.99B |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 4.19M | 10.32M | 17.15M | 20.87M | 77.22M | 129.26M |
| Assets, Current | 55.78M | 75.16M | 86.35M | 124.53M | 255.36M | 532.60M |
| Assets | 112.72M | 100.17M | 108.44M | 156.10M | 300.19M | 620.38M |
| Liabilities, Current | 29.94M | 44.74M | 77.43M | 137.70M | 248.05M | 392.03M |
| Liabilities | 29.94M | 47.66M | 81.47M | 142.27M | 252.53M | 395.70M |
| Stockholders' Equity Attributable to Parent | 82.71M | 52.93M | 27.58M | 14.52M | 49.16M | 221.22M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.61M | -8.27M | -26.21M | -18.41M | -9.51M | -49.81M |
| Payments to Acquire Property, Plant, and Equipment | 3.35M | 3.16M | 296.00K | — | — | — |
| Net Cash Provided by (Used in) Investing Activities | -6.14M | -20.00M | 4.43M | -23.09M | -6.86M | 895.00K |
| Net Cash Provided by (Used in) Financing Activities | 6.85M | 20.09M | 16.88M | -8.50M | -48.20M | -7.13M |
Derived Metrics
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | -6.96M | — | -160.20M |
| EBITDA | — | -70.77M | — | -68.38M | — | -68.51M |
| Working Capital | 180.72M | 182.71M | 222.04M | 76.15M | 63.36M | 126.73M |
| Net Debt | -28.52M | -24.26M | -73.89M | -123.64M | -121.59M | -129.49M |
| Gross Margin | — | 9.07% | — | 12.47% | — | 12.91% |
| Operating Margin | — | -35.28% | — | -49.03% | — | -44.93% |
| Net Margin | — | -18.74% | — | 12.42% | — | 6.16% |
| Return on Equity (ROE) | — | -10.03% | — | 8.14% | — | 3.69% |
| Return on Assets (ROA) | — | -5.61% | — | 2.58% | — | 0.97% |
| Current Ratio | 1.86× | 1.66× | 1.68× | 1.17× | 1.12× | 1.18× |
| Debt-to-Equity | 0.00× | 0.03× | 0.00× | 0.01× | 0.00× | 0.00× |
| Effective Tax Rate | — | 0.43% | — | -22.73% | — | -45.09% |
| Cash Conversion Ratio | — | 0.56× | — | -0.34× | — | -16.93× |
| Accruals Ratio | — | -0.02× | — | 0.03× | — | 0.17× |
| SBC % of Revenue | — | — | — | 0.01% | — | 0.05% |
| CapEx Coverage | — | — | — | -5.36× | — | -2502.19× |
| Free Cash Flow Per Share | — | — | — | ¥-18.53 | — | ¥-0.01 |
Income Statement
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | — | — | 21.17M |
| Revenues | — | 28.39M | — | 19.26M | — | 153.49M |
| Cost of Revenue | — | 25.82M | — | 16.86M | — | 18.43M |
| Gross Profit | — | 2.58M | — | 2.40M | — | 2.73M |
| Research and Development Expense | — | 1.78M | — | 1.65M | — | 2.44M |
| Operating Expenses | — | 12.59M | — | 11.85M | — | 12.24M |
| Operating Income (Loss) | — | -10.02M | — | -9.44M | — | -9.51M |
| Income Tax Expense (Benefit) | — | -24.00K | — | -418.00K | — | -401.00K |
| Net Income (Loss) Attributable to Parent | — | -5.32M | — | 2.39M | — | 1.30M |
| Earnings Per Share, Basic | — | $-1.77 | — | ¥46.28 | — | ¥0.00 |
| Weighted Average Number of Shares Outstanding, Basic | 6.54M | 3.01M | 681,396 | 375,664 | 256,539 | 13.94B |
| Earnings Per Share, Diluted | — | $-1.35 | — | ¥46.28 | — | ¥0.00 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.54M | 3.94M | 681,396 | 375,664 | 256,539 | 13.94B |
Balance Sheet
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 4.19M | 4.84M | 10.32M | 17.26M | 17.15M | 18.03M |
| Assets, Current | 55.78M | 64.19M | 75.16M | 70.59M | 86.35M | 112.37M |
| Assets | 112.72M | 94.78M | 100.17M | 92.74M | 108.44M | 134.12M |
| Liabilities, Current | 29.94M | 38.69M | 44.74M | 60.11M | 77.43M | 94.89M |
| Liabilities | 29.94M | 41.57M | 47.66M | 63.65M | 81.47M | 99.37M |
| Stockholders' Equity Attributable to Parent | 82.71M | 53.07M | 52.93M | 29.39M | 27.58M | 35.34M |
Cash Flow Statement
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | -2.96M | — | -808.00K | — | -22.08M |
| Net Cash Provided by (Used in) Investing Activities | — | -9.87M | — | 383.00K | — | 6.46M |
| Net Cash Provided by (Used in) Financing Activities | — | 6.47M | — | 170.00K | — | 10.12M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (DUO CIK 0001750593),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.