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Fangdd Network Group Ltd. (DUO) 10-Year Financial Performance & Capital Metrics

DUO • • REIT / Real Estate
Real EstateReal Estate ServicesReal Estate Technology & Digital PlatformsReal Estate SaaS & AI Solutions
AboutFangdd Network Group Ltd., an investment holding company, provides real estate information services through online platforms in the People's Republic of China. It operates Property Cloud, a software as a service solution for real estate sellers. The company also operates platforms for real estate agents, including Duoduo Sales, which offers real estate agents with instant access to marketplace functionalities and allows them to conduct transactions on the go; Duoduo Cloud Agency that provides a suite of tools and services to agencies to migrate business management from offline to online; Duoduo Cloud Sales, which connects agents to property database and buyer base, allowing them to source, manage, and complete transactions online; and provides supply-chain financial products and support transactions, as well as online and offline, and project-specific training and guidance services. In addition, it operates Fangduoduo that offers personalized services to potential real estate buyers; and provides information matching, real estate agency, financial, and channel services. Further, the company operates www.fangdd.com that offers real estate agents and real estate buyers region-specific real estate news, information, property data, and access to shared-interest online communities; and offers data analysis services. As of December 31, 2021, its marketplace had approximately 378 thousand active agents and covers 157 million properties in China. The company was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China.Show more
  • Revenue $339M +19.0%
  • FFO $32M +136.0%
  • FFO/Share 3.63 +116.3%
  • FFO Payout 0%
  • FFO per Share 3.63 +116.3%
  • NOI Margin 18.21% +26.0%
  • FFO Margin 9.56% +130.3%
  • ROE 10.73% +116.8%
  • ROA 4.11% +141.3%
  • Debt/Assets 0.2% +998.4%
  • Net Debt/EBITDA -
  • Book Value/Share 42.94 -9.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓FFO growing 62.8% TTM
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Low NOI margin of 18.2%
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-37.65%
3Y-28.87%
TTM51.55%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM62.5%

EPS CAGR

10Y-
5Y-
3Y-
TTM82.6%

ROCE

10Y Avg-55.84%
5Y Avg-84.26%
3Y Avg-100.54%
Latest-40.23%

Peer Comparison

Real Estate SaaS & AI Solutions
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
LHAILinkhome Holdings Inc.97.54M6.01120.20455.92%2.75%6.91%0.02
WETHWetouch Technology Inc.21.24M1.783.426.48%20.75%18696.89%4.39%0.01
DUOFangdd Network Group Ltd.61.26M1.590.4619%-6.13%-6.47%0.00
AIREreAlpha Tech Corp. Common Stock59.75M0.46-0.79419.58%-9.89%-198.07%3.81

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+1.48B1.8B2.28B3.6B2.45B942.38M245.95M284.96M339.1M
Revenue Growth %-0.22%0.27%0.58%-0.32%-0.62%-0.74%0.16%0.19%
Property Operating Expenses1.25B1.42B1.81B2.84B2.04B835.87M221.21M243.76M277.36M
Net Operating Income (NOI)+---------
NOI Margin %---------
Operating Expenses+578.4M374.05M398.46M1.29B640.49M1.04B274.13M306.36M187.41M
G&A Expenses409.63M194.79M204.38M568.82M339.08M896.27M208.16M274.22M162.63M
EBITDA+-339.23M25.58M83.63M-531.91M-222.24M-949.6M-246.05M-263.36M-124.09M
EBITDA Margin %---------
Depreciation & Amortization+24.62M30.44M14.25M4.84M3.78M7.7M3.34M1.81M1.57M
D&A / Revenue %---------
Operating Income+-363.85M-4.86M69.38M-536.76M-226.02M-957.29M-249.39M-265.17M-125.66M
Operating Margin %---------
Interest Expense+013.03M1.12M8.72M12.99M8.32M5.14M621K0
Interest Coverage--0.37x62.05x-61.56x-17.40x-115.10x-48.52x-427.00x-
Non-Operating Income-13.85M-20.91M-40.2M-38.85M-32.3M0-22.43M-170.8M-108K
Pretax Income+-330.95M3.02M108.46M-506.62M-206.71M-1.19B-232.1M-94.99M20.65M
Pretax Margin %---------
Income Tax+1.12M2.37M4.43M3.77M14.66M8.91M7.49M-1.89M-7.66M
Effective Tax Rate %---------
Net Income+-332.07M649K104.03M-510.39M-221.38M-1.17B-244.04M-91.75M30.83M
Net Margin %---------
Net Income Growth %-1%159.29%-5.91%0.57%-4.29%0.79%0.62%1.34%
Funds From Operations (FFO)+---------
FFO Margin %---------
FFO Growth %-1.1%2.8%-5.27%0.57%-4.35%0.79%0.63%1.36%
FFO per Share+---------
FFO Payout Ratio %---------
EPS (Diluted)+-3190.53-1355.03-857.44-6581.17-621.63-3257.30-660.40-22.743.45
EPS Growth %-0.58%0.37%-6.68%0.91%-4.24%0.8%0.97%1.15%
EPS (Basic)-3190.53-1355.03-857.44-6560.55-621.63-3257.30-660.40-22.743.45
Diluted Shares Outstanding168.13K168.13K168.13K193.41K354.37K359.55K369.53K4.03M8.93M

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+1.88B2.84B2.88B4.37B4.05B1.91B1.08B769.9M731.19M
Asset Growth %-0.51%0.01%0.52%-0.07%-0.53%-0.44%-0.28%-0.05%
Real Estate & Other Assets+27.77M4.31M23.91M7.25M7.49M006.13M0
PP&E (Net)48.63M22.12M15.45M8.3M14.49M14.56M5.24M2M16.8M
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets+1.75B2.72B2.43B3.73B3.48B1.63B858.89M613.08M548.62M
Cash & Equivalents1.02B573.69M443.59M1.1B843.45M492.11M143.93M121.73M75.35M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets238.29M884.02M350.63M3.11B92.58M24.13M64.8M22.17M14.13M
Intangible Assets00007.42M001.13M1M
Total Liabilities3.37B4.45B4.75B2.78B2.58B1.61B981.28M578.4M347.89M
Total Debt+0663.1M395M490M443.44M134.78M74.53M140K1.46M
Net Debt-1.02B89.41M-48.59M-613.75M-400M-357.33M-69.4M-121.59M-73.89M
Long-Term Debt000000000
Short-Term Borrowings01000K1000K1000K1000K1000K1000K00
Capital Lease Obligations0000001.24M140K1.46M
Total Current Liabilities+1.09B2.09B1.99B2.77B2.56B1.58B949.72M549.72M326.58M
Accounts Payable255.1M593.47M1.13B1.9B1.8B1.18B659.22M395.43M180.74M
Deferred Revenue76.63M58.88M41.7M44.92M68.3M68.03M43.3M31.55M23.48M
Other Liabilities2.28B2.36B2.76B11.91M23.84M28.57M30.77M28.65M21.18M
Total Equity+-1.49B-1.6B-1.87B1.59B1.47B303.68M95.39M191.5M383.3M
Equity Growth %--0.08%-0.16%1.85%-0.08%-0.79%-0.69%1.01%1%
Shareholders Equity-1.49B-1.6B-1.87B1.59B1.44B313.26M100.12M195.84M386.34M
Minority Interest000022.54M-9.58M-4.72M-4.35M-3.04M
Common Stock0001K1K1K1K17K136K
Additional Paid-in Capital55.05M55.05M55.05M4.88B4.98B5.03B5.05B5.24B5.39B
Retained Earnings-1.28B-1.51B-1.65B-2.92B-3.14B-4.31B-4.56B-4.65B-4.62B
Preferred Stock5.51M5.51M5.51M000000
Return on Assets (ROA)-0.18%0%0.04%-0.14%-0.05%-0.39%-0.16%-0.1%0.04%
Return on Equity (ROE)----0.32%-0.14%-1.32%-1.22%-0.64%0.11%
Debt / Assets-0.23%0.14%0.11%0.11%0.07%0.07%0%0%
Debt / Equity---0.31x0.30x0.44x0.78x0.00x0.00x
Net Debt / EBITDA-3.50x-0.58x------
Book Value per Share-8841.37-9538.17-11106.298216.034136.87844.60258.1547.4642.94

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-177.29M-674.43M129.48M118.51M-325M-60.62M-126.98M-186.12M-60.37M
Operating CF Growth %--2.8%1.19%-0.08%-3.74%0.81%-1.09%-0.47%0.68%
Operating CF / Revenue %---------
Net Income-332.07M649K104.03M-510.39M-221.38M-1.2B-239.59M-93.1M28.3M
Depreciation & Amortization24.62M30.44M14.25M4.84M3.78M7.7M3.34M1.81M1.57M
Stock-Based Compensation000745.87M102.75M47.07M16.72M105K18K
Other Non-Cash Items13.1M8.82M-493K51.92M69.07M869.36M162.59M49.38M-61.36M
Working Capital Changes116.87M-713.43M-3.73M-174.92M-281.13M214.83M-70.05M-144.31M-28.91M
Cash from Investing+-194.91M212.13M-349.86M-151.81M5.85M-43.73M-159.27M31.43M-145.98M
Acquisitions (Net)-21M-45.5M-307.95M-216.43M105.34M-34.48M-14.26M45.55M-17.86M
Purchase of Investments-293M-756M-1.27B-456.17M-1.27B-104.14M-464.91M-63.81M-334.45M
Sale of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Investing-170.42M216.75M-341.42M3.57M-92.06M252K40K00
Cash from Financing+-2.41M663.1M-268.1M593.44M-46.56M-307.13M-58.65M119.83M146.63M
Dividends Paid000000000
Common Dividends000000000
Debt Issuance (Net)01000K-1000K1000K-1000K-1000K-1000K1000K0
Share Repurchases000000000
Other Financing-2.41M00001.53M490K635K58.07M
Net Change in Cash+-327.43M160.78M-469.4M539.65M-397.84M-419.79M-333.49M-38.85M-54.41M
Exchange Rate Effect1000K-1000K1000K-1000K-1000K-1000K1000K-1000K1000K
Cash at Beginning1.43B1.1B1.26B794.22M1.33B936.03M516.24M182.75M143.9M
Cash at End1.1B1.26B794.22M1.33B936.03M516.24M182.75M143.9M89.48M
Free Cash Flow+-201.77M-679.05M121.04M116.82M-335.24M-73.08M-127.18M-186.41M-91.61M
FCF Growth %--2.37%1.18%-0.03%-3.87%0.78%-0.74%-0.47%0.51%
FCF / Revenue %---------

Key Ratios

Metric201620172018201920202021202220232024
FFO per Share-1.83K184.91703.51-2.61K-614.02-3.24K-651.35-22.293.63
FFO Payout Ratio0%0%0%0%0%0%0%0%0%
NOI Margin15.48%21.22%20.88%21.03%16.91%11.3%10.06%14.46%18.21%
Net Debt / EBITDA-3.50x-0.58x------
Debt / Assets-23.32%13.72%11.21%10.95%7.05%6.92%0.02%0.2%
Interest Coverage--0.37x62.05x-61.56x-17.40x-115.10x-48.52x-427.00x-
Book Value / Share-8.84K-9.54K-11.11K8.22K4.14K844.6258.1547.4642.94
Revenue Growth-21.87%26.89%57.72%-31.9%-61.56%-73.9%15.86%19%

Revenue by Segment

2019202020212022
Base Commission From Transactions---201.91M
Base Commission From Transactions Growth----
Innovation initiatives and other value-added services--120.48M44.04M
Innovation initiatives and other value-added services Growth----63.45%
Base commission from transactions--821.9M-
Base commission from transactions Growth----
Franchise Income--14.21M-
Franchise Income Growth----
Parking space transaction services----
Parking space transaction services Growth----
Innovation Initiatives And Other Value Added Services144.48M227.6M--
Innovation Initiatives And Other Value Added Services Growth-57.53%--
Franchise-16.69M--
Franchise Growth----

Frequently Asked Questions

Valuation & Price

Fangdd Network Group Ltd. (DUO) has a price-to-earnings (P/E) ratio of 0.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Fangdd Network Group Ltd. (DUO) reported $402.5M in revenue for fiscal year 2024. This represents a 73% decrease from $1.48B in 2016.

Fangdd Network Group Ltd. (DUO) grew revenue by 19.0% over the past year. This is strong growth.

Fangdd Network Group Ltd. (DUO) reported a net loss of $24.7M for fiscal year 2024.

Dividend & Returns

Fangdd Network Group Ltd. (DUO) has a return on equity (ROE) of 10.7%. This is reasonable for most industries.

Industry Metrics

Fangdd Network Group Ltd. (DUO) generated Funds From Operations (FFO) of $-24.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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