Fangdd Network Group Ltd. - Understand $duo stock

$DUO Market Cap: $18.76 Billion

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Financial Snapshot

Revenue

$526.0M

TTM

Gross Margin

15.36%

TTM

Net Earnings

-$121.6M

TTM

Current Assets

$513.0M

Q2 2024

Current Liabilities

$436.9M

Q2 2024

Current Ratio

117.43%

Q2 2024

Total Assets

$674.0M

Q2 2024

Total Liabilities

$460.4M

Q2 2024

Book Value

$213.6M

Q2 2024

Cash

$125.4M

Q2 2024

P/E

-154.4

Nov 29, 2024 EST

Free Cash Flow

-$273.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$40.14M	$245.9M	$942.4M	$2.451B	$3.599B	$2.282B	$1.799B	$1.476B
YoY Change	-83.68%	-73.9%	-61.56%	-31.9%	57.72%	26.89%	21.87%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$40.14M	$245.9M	$942.4M	$2.451B	$3.599B	$2.282B	$1.799B	$1.476B
Cost Of Revenue	$34.33M	$221.2M	$835.9M	$2.037B	$2.842B	$1.806B	$1.417B	$1.247B
Gross Profit	$5.802M	$24.74M	$106.5M	$414.5M	$757.0M	$476.6M	$381.6M	$228.4M
Gross Profit Margin	14.46%	10.06%	11.3%	16.91%	21.03%	20.88%	21.22%	15.48%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$38.62M	$208.2M	$896.3M	$339.1M	$568.8M	$204.4M	$194.8M	$409.6M
YoY Change	-81.45%	-76.78%	164.31%	-40.38%	178.28%	4.93%	-52.44%
% of Gross Profit	665.68%	841.55%	841.51%	81.81%	75.14%	42.89%	51.05%	179.33%
Research & Development	$4.527M	$65.97M	$167.5M	$301.4M	$725.0M	$202.9M	$191.7M	$182.6M
YoY Change	-93.14%	-60.62%	-44.42%	-58.43%	257.32%	5.84%	4.98%
% of Gross Profit	78.02%	266.71%	157.29%	72.71%	95.77%	42.57%	50.24%	79.95%
Depreciation & Amortization	$98.00K	$398.0K	$7.695M	$3.800M	$4.800M	$14.30M	$30.40M	$24.60M
YoY Change	-75.38%	-94.83%	102.5%	-20.83%	-66.43%	-52.96%	23.58%
% of Gross Profit	1.69%	1.61%	7.22%	0.92%	0.63%	3.0%	7.97%	10.77%
Operating Expenses	$43.15M	$274.1M	$1.064B	$640.5M	$1.294B	$407.2M	$386.5M	$592.2M
YoY Change	-84.26%	-74.23%	66.09%	-50.49%	217.73%	5.36%	-34.73%
Operating Profit	-$37.35M	-$249.4M	-$957.3M	-$226.0M	-$536.8M	$69.40M	-$4.900M	-$363.8M
YoY Change	-85.02%	-73.95%	323.58%	-57.9%	-873.49%	-1516.33%	-98.65%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	-$88.00K	-$745.0K	-$8.758M	-$13.10M	$13.30M	$19.10M	-$10.90M	$5.200M
YoY Change	-88.19%	-91.49%	-33.15%	-198.5%	-30.37%	-275.23%	-309.62%
% of Operating Profit						27.52%
Other Income/Expense, Net	$25.84M	$12.62M	$27.91M	$32.10M	$30.10M	$14.40M	$15.50M	$15.60M
YoY Change	104.79%	-54.78%	-13.05%	6.64%	109.03%	-7.1%	-0.64%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	-94.99M cnies	-$249.4M	-$1.194B	-$206.7M	-$506.6M	$108.5M	$3.000M	-$330.9M
YoY Change	-61.91%	-79.11%	477.69%	-59.2%	-566.91%	3516.67%	-100.91%
Income Tax	-1.889M cnies	$7.487M	$8.907M	$14.70M	$3.800M	$4.400M	$2.400M	$1.100M
% Of Pretax Income						4.06%	80.0%
Net Earnings	-$12.92M	-$244.0M	-$1.171B	-$220.3M	-$510.4M	$104.0M	$600.0K	-$332.1M
YoY Change	-94.7%	-79.16%	431.62%	-56.84%	-590.77%	17233.33%	-100.18%
Net Earnings / Revenue	-32.2%	-99.22%	-124.28%	-8.99%	-14.18%	4.56%	0.03%	-22.5%
Basic Earnings Per Share	$0.00	-$0.12	-$0.58	-$0.11
Diluted Earnings Per Share	$0.00	-$0.12	-$8.686M	-$110.5K	-$279.9K	$57.43K	$331.30	-$183.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$137.0M	$145.9M	$498.3M	$944.6M	$1.115B	$515.1M	$606.2M	$1.314B
YoY Change	-6.09%	-70.71%	-47.25%	-15.3%	116.5%	-15.03%	-53.88%
Cash & Equivalents	$121.7M	$143.9M	$492.1M	$843.4M	$1.104B	$443.6M	$573.7M	$1.023B
Short-Term Investments	$15.31M	$2.000M	$6.150M	$101.1M	$11.50M	$71.50M	$32.50M	$291.5M
Other Short-Term Assets	$45.35M	$230.8M	$244.3M	$278.6M	$424.8M	$561.6M	$1.282B	$241.7M
YoY Change	-80.35%	-5.52%	-12.31%	-34.42%	-24.36%	-56.19%	430.37%
Inventory	$12.50M	$11.16M
Prepaid Expenses
Receivables	$314.6M	$471.0M	$884.7M	$2.252B	$2.190B	$1.353B	$827.8M	$194.3M
Other Receivables	$103.5M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$613.1M	$858.9M	$1.627B	$3.475B	$3.730B	$2.429B	$2.716B	$1.750B
YoY Change	-28.62%	-47.22%	-53.17%	-6.83%	53.54%	-10.55%	55.18%
Property, Plant & Equipment	$2.002M	$5.244M	$14.56M	$14.50M	$8.300M	$15.50M	$22.10M	$48.60M
YoY Change	-61.82%	-63.99%	0.43%	74.7%	-46.45%	-29.86%	-54.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$148.7M	$212.1M	$271.1M	$508.6M	$619.3M	$402.2M	$94.50M	$48.90M
YoY Change	-29.89%	-21.77%	-46.69%	-17.88%	53.98%	325.61%	93.25%
Other Assets	$6.126M	$217.8M	$0.00	$11.00M	$14.50M	$32.40M	$11.40M	$33.90M
YoY Change	-97.19%		-100.0%	-24.14%	-55.25%	184.21%	-66.37%
Total Long-Term Assets	$156.8M	$217.8M	$285.7M	$572.8M	$642.1M	$450.0M	$128.0M	$131.4M
YoY Change	-27.99%	-23.77%	-50.13%	-10.79%	42.69%	251.56%	-2.59%
Total Assets	$769.9M	$1.077B	$1.913B	$4.048B	$4.372B	$2.879B	$2.844B	$1.882B
YoY Change
Accounts Payable	$442.2M	$840.4M	$1.176B	$1.796B	$1.898B	$1.128B	$593.5M	$255.1M
YoY Change	-47.38%	-28.54%	-34.54%	-5.34%	68.2%	90.09%	132.65%
Accrued Expenses	$16.78M	$1.243M	$47.01M	$68.00M	$47.50M	$64.50M	$119.9M	$174.6M
YoY Change	1250.04%	-97.36%	-30.86%	43.16%	-26.36%	-46.21%	-31.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$72.50M	$134.8M	$443.4M	$490.0M	$395.0M	$663.1M	$0.00
YoY Change	-100.0%	-46.21%	-69.6%	-9.51%	24.05%	-40.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$549.7M	$949.7M	$1.581B	$2.558B	$2.771B	$1.991B	$2.086B	$1.089B
YoY Change	-42.12%	-39.92%	-38.2%	-7.69%	39.2%	-4.57%	91.63%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$29.00K	$31.56M
YoY Change	-99.91%
Total Long-Term Liabilities	$29.00K	$31.56M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-99.91%
Total Liabilities	$574.1M	$976.6M	$1.600B	$2.605B	$2.783B	$2.003B	$2.091B	$1.090B
YoY Change	-41.22%	-38.95%	-38.58%	-6.42%	38.92%	-4.17%	91.77%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	20.77B shares	2.079B	2.022B	1.993B
Diluted Shares Outstanding	20.77B shares	2.079B	2.022B	1.993B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $18.765 Billion

About Fangdd Network Group Ltd.

Fangdd Network Group Ltd is a CN-based company operating in Interactive Media & Services industry. The company is headquartered in Shenzhen, Guangdong and currently employs 130 full-time employees. The company went IPO on 2019-11-01. Fangdd Network Group Ltd is a company that mainly engaged in providing solutions for real estate brokers through online real estate trading platform SaaS. SaaS-based solutions connect real estate agents with essential business resources, including customers, property listings, capital and transaction data. The platform matches agents with the listings as well as buyers, sellers, landlords, renters. The firm operates its businesses primarily in the China market.

Industry: Real Estate Peers: 36Kr Holdings Inc. Yinfu Gold Corp. Fang Holdings Ltd Phoenix New Media Ltd Qutoutiao Inc.