Fangdd Network Group Ltd. (DUO)

Fangdd Network Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	34.65	75.35	121.73	143.93	492.11	843.45
Short-Term Investments	143.73	113.63	15.31	2	6.15	9
Cash & Short-Term Investments	178.38	188.98	137.05	145.93	498.26	852.45
Cash Growth	29.94%	37.90%	-6.09%	-70.71%	-41.55%	-23.56%
Accounts Receivable	166.39	196.04	314.64	471	884.74	2,252
Other Receivables	65.61	117.4	94.67	93.36	58	48.25
Receivables	232	314.1	418.18	590.34	981.37	2,460
Inventory	5.06	5.38	12.5	11.16	-	-
Restricted Cash	9.72	14.13	22.17	38.81	24.13	92.58
Other Current Assets	34.69	26.02	23.18	72.65	123.55	69.74
Total Current Assets	459.85	548.62	613.08	858.9	1,627	3,475
Property, Plant & Equipment	41.42	16.81	4.34	5.24	14.56	14.49
Long-Term Investments	176.17	164.76	148.7	212.09	271.12	510.14
Goodwill	0.62	-	-	0.45	-	31.19
Other Intangible Assets	0.94	1.01	1.13	-	-	7.42
Long-Term Deferred Tax Assets	-	-	-	-	-	3.56
Other Long-Term Assets	-	-	2.66	-	-	-
Total Assets	679	731.19	769.9	1,077	1,913	4,048
Accounts Payable	102.13	180.74	341.76	659.22	1,176	1,796
Accrued Expenses	67.61	61.04	62.14	41.9	78.01	142.24
Short-Term Debt	9.74	-	-	72.5	134.78	443.44
Current Portion of Leases	0.61	1.33	0.11	1.24	-	-
Current Income Taxes Payable	0.2	0.14	5.07	4.88	0.81	0.51
Other Current Liabilities	96.86	83.33	140.64	169.99	191.18	175.48
Total Current Liabilities	277.13	326.58	549.72	949.72	1,581	2,558
Long-Term Leases	0.04	0.13	0.03	0.79	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.13
Other Long-Term Liabilities	20.62	21.18	28.65	30.77	28.58	23.84
Total Liabilities	297.79	347.89	578.4	981.29	1,609	2,582
Common Stock	0.25	0.14	0.02	0	0	0
Additional Paid-In Capital	5,420	5,388	5,243	5,052	5,032	4,983
Retained Earnings	-4,657	-4,619	-4,649	-4,558	-4,314	-3,142
Comprehensive Income & Other	-383.83	-383.24	-398.16	-393.84	-404.88	-396.95
Total Common Equity	380.19	386.34	195.85	100.12	313.26	1,443
Minority Interest	1.02	-3.04	-4.35	-4.72	-9.58	22.54
Shareholders' Equity	381.21	383.3	191.5	95.39	303.68	1,466
Total Liabilities & Equity	679	731.19	769.9	1,077	1,913	4,048
Total Debt	10.39	1.46	0.14	74.54	134.78	443.44
Net Cash (Debt)	167.99	187.52	136.91	71.4	363.48	409
Net Cash Growth	23.99%	36.97%	91.75%	-80.36%	-11.13%	-34.59%
Net Cash Per Share	89.59	336.11	542.89	3091.40	16174.66	18466.86
Filing Date Shares Outstanding	4.02	3.07	0.4	0.24	0.02	0.02
Total Common Shares Outstanding	4.02	2.24	0.38	0.03	0.02	0.02
Working Capital	182.71	222.04	63.36	-90.83	46.57	917.23
Book Value Per Share	94.58	172.83	521.33	3646.68	14123.49	65079.49
Tangible Book Value	378.63	385.34	194.71	99.66	313.26	1,405
Tangible Book Value Per Share	94.19	172.38	518.32	3630.14	14123.49	63338.91
Buildings	45.03	13.08	1.16	2.59	2.59	2.59
Machinery	2.75	3.57	3.9	4.37	19.31	25.92
Construction In Progress	-	-	-	-	-	6.23
Leasehold Improvements	46.31	46.31	46.31	57.16	63.78	46.26

Updated Sep 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q