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Stocks · Real estate · Real Estate

Fangdd Network Group Ltd.

DUO Clue Score45
China Fiscal year ends December CIK 0001750593
$0.64 -3.25% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $0.64 −80.01% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 27 Sep 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1,798.5Operating income−4.9Net income0.6Fiscal year 2018Revenue2,282.2 +26.9%Operating income69.4Net income104.0 +15,928.7%Fiscal year 2019Revenue3,599.4 +57.7%Operating income−536.8Net income−510.4 −590.6%EPS, diluted−1.17Fiscal year 2020Revenue2,451.3 −31.9%Operating income−226.0Net income−220.3EPS, diluted−0.11Fiscal year 2021Revenue942.4 −61.6%Operating income−957.3Net income−1,171.2EPS, diluted−0.58Fiscal year 2022Revenue0.8 −99.9%Operating income−249.4Net income−244.0EPS, diluted−660.40Fiscal year 2023Revenue285.0 +36,763.8%Operating income−265.2Net income−91.8EPS, diluted−357.66Fiscal year 2024Revenue339.1 +19.0%Operating income−125.7Net income30.8EPS, diluted45.25Fiscal year 2025Revenue354.8 +4.6%Operating income−133.3Net income−84.7 −374.7%EPS, diluted−12.96
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,798.5 2,282.2 3,599.4 2,451.3 942.4 0.8 285.0 339.1 354.8
Growth +26.9% +57.7% −31.9% −61.6% −99.9% +36,763.8% +19.0% +4.6%
Operating income −4.9 69.4 −536.8 −226.0 −957.3 −249.4 −265.2 −125.7 −133.3
Net income 0.6 104.0 −510.4 −220.3 −1,171.2 −244.0 −91.8 30.8 −84.7
Growth +15,928.7% −590.6% −374.7%
EPS, diluted n/a n/a −1.17 −0.11 −0.58 −660.40 −357.66 45.25 −12.96

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin21.2%Operating margin−0.3%Net margin0.0%Free cash flow margin−37.8%Fiscal year 2018Gross margin20.9%Operating margin3.0%Net margin4.6%Free cash flow margin5.3%Fiscal year 2019Gross margin21.0%Operating margin−14.9%Net margin−14.2%Free cash flow margin3.2%Fiscal year 2020Gross margin16.9%Operating margin−9.2%Net margin−9.0%Free cash flow margin−13.7%Fiscal year 2021Gross margin11.3%Operating margin−101.6%Net margin−124.3%Free cash flow margin−7.8%Fiscal year 2022Gross margin3,199.9%Operating margin−32,263.0%Net margin−31,570.2%Free cash flow margin−16,452.4%Fiscal year 2023Gross margin14.5%Operating margin−93.1%Net margin−32.2%Free cash flow margin−65.4%Fiscal year 2024Gross margin18.2%Operating margin−37.1%Net margin9.1%Free cash flow margin−20.2%Fiscal year 2025Gross margin17.9%Operating margin−37.6%Net margin−23.9%Free cash flow margin−23.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 21.2% 20.9% 21.0% 16.9% 11.3% 3,199.9% 14.5% 18.2% 17.9%
Operating margin −0.3% 3.0% −14.9% −9.2% −101.6% −32,263.0% −93.1% −37.1% −37.6%
Net margin 0.0% 4.6% −14.2% −9.0% −124.3% −31,570.2% −32.2% 9.1% −23.9%
Free cash flow margin −37.8% 5.3% 3.2% −13.7% −7.8% −16,452.4% −65.4% −20.2% −23.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−674.4Capital expenditure−4.6Free cash flow−679.1Fiscal year 2018Operating cash flow129.5Capital expenditure−8.4Free cash flow121.0Fiscal year 2019Operating cash flow118.5Capital expenditure−1.7Free cash flow116.8 −3.5%Fiscal year 2020Operating cash flow−325.0Capital expenditure−10.2Free cash flow−335.2 −387.0%Fiscal year 2021Operating cash flow−60.6Capital expenditure−12.5Free cash flow−73.1Fiscal year 2022Operating cash flow−127.0Capital expenditure−0.2Free cash flow−127.2Fiscal year 2023Operating cash flow−186.1Capital expenditure−0.3Free cash flow−186.4Fiscal year 2024Operating cash flow−60.4Capital expenditure−8.2Free cash flow−68.5Fiscal year 2025Operating cash flow−60.2Capital expenditure−23.4Free cash flow−83.6
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −674.4 129.5 118.5 −325.0 −60.6 −127.0 −186.1 −60.4 −60.2
Capital expenditure −4.6 −8.4 −1.7 −10.2 −12.5 −0.2 −0.3 −8.2 −23.4
Free cash flow −679.1 121.0 116.8 −335.2 −73.1 −127.2 −186.4 −68.5 −83.6
Growth −3.5% −387.0%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash1,263.6Fiscal year 2018Cash443.6Shareholders’ equity−1,867.3Fiscal year 2019Cash1,103.7Shareholders’ equity1,589.1Fiscal year 2020Cash843.4Shareholders’ equity1,443.5Fiscal year 2021Cash492.1Shareholders’ equity313.3Fiscal year 2022Cash143.9Shareholders’ equity100.1Fiscal year 2023Cash121.7Shareholders’ equity195.8Fiscal year 2024Cash75.4Shareholders’ equity386.3Fiscal year 2025Cash29.3Shareholders’ equity578.4
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1,263.6 443.6 1,103.7 843.4 492.1 143.9 121.7 75.4 29.3
Shareholders’ equity n/a −1,867.3 1,589.1 1,443.5 313.3 100.1 195.8 386.3 578.4

In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
21.2% 20.9% 21.0% 16.9% 11.3% 3,199.9% 14.5% 18.2% 17.9%
−0.3% 3.0% −14.9% −9.2% −101.6% −32,263.0% −93.1% −37.1% −37.6%
0.2% 4.8% −14.1% −8.4% −126.7% −30,026.0% −33.3% 6.1% −29.9%
0.0% 4.6% −14.2% −9.0% −124.3% −31,570.2% −32.2% 9.1% −23.9%
−37.8% 5.3% 3.2% −13.7% −7.8% −16,452.4% −65.4% −20.2% −23.6%
Spending
10.7% 8.9% 20.1% 12.3% 17.8% 8,534.4% 11.3% 7.3% 7.2%
8.7% 6.4% 14.5% 12.3% 88.2% 25,221.5% 95.3% 45.0% 45.7%
0.3% 0.4% 0.0% 0.4% 1.3% 25.1% 0.1% 2.4% 6.6%
78.5% 4.1% n/a n/a n/a n/a n/a −37.1% n/a
Returns
n/a n/a −32.1% −15.3% −373.9% −243.8% −46.8% 8.0% −14.6%
n/a 3.6% −11.7% −5.4% −61.2% −22.7% −11.9% 4.2% −10.7%
Balance and payout
n/a 69.6% 63.7% 63.8% 84.1% 91.1% 75.1% 47.6% 26.6%

Shown in CNY as filed; the screener converts to dollars.