Friday 6 November 2026
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Fangdd Network Group
DUO Real Estate Real Estate Services
Fangdd Network Group’s revenue for fiscal 2025 (year ended December 2025) was $50.7 million, up 9.22% from fiscal 2024.
0.53
0.02
−3.64%
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Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 222 | 266 | 332 | 517 | 376 | 148 | 36 | 40 | 46 | 51 | 68 | (15.1%) | — | — | — | — | |
| Gross margin, % | 15.48 | 21.22 | 20.88 | 21.03 | 16.91 | 11.30 | 10.06 | 14.46 | 18.21 | 17.92 | 8.82 | +2.4 pt | ||||||
| EBT | (50) | 0 | 16 | (73) | (32) | (187) | (34) | (13) | 3 | (15) | (136) | (12.3%) | ||||||
| EBT margin, % | (22.39) | 0.01 | 4.75 | (14.07) | (8.43) | (126.71) | (94.37) | (33.34) | 6.09 | (29.95) | (201.25) | (7.6) pt | ||||||
| Net income | (50) | 0 | 15 | (73) | (34) | (189) | (35) | (13) | 4 | (12) | (2) | (14.4%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 21,139.48 | 25,325.79 | 31,637.04 | 42,729.50 | 16,922.34 | 6,572.44 | 1,543.68 | 156.45 | 68.18 | 2,916.03 | 0.00 | (19.8%) | |||||
| Earnings | (7,688.14) | (3,208.68) | (2,075.83) | (14,889.11) | (1,438.56) | (9,271.96) | (1,525.64) | (50.51) | 6.29 | (706.84) | (4,265.33) | (23.3%) | ||||||
| Cash flow | (2,539.53) | (9,496.90) | 1,794.63 | 1,407.02 | (2,243.51) | (422.80) | (796.97) | (102.18) | (12.14) | (494.60) | 0.00 | (16.6%) | ||||||
| Capex | 0.00 | 0.00 | (117.05) | 22.23 | (70.41) | (85.11) | (0.95) | (0.16) | (6.28) | (127.24) | 0.00 | n/m | ||||||
| Free cash flow | (2,539.53) | (9,496.90) | 1,677.58 | 1,429.26 | (2,313.92) | (507.91) | (797.92) | (102.35) | (18.42) | (621.84) | 0.00 | (14.5%) | ||||||
| Book value | 10,839.46 | 11,010.62 | (25,885.14) | 18,863.80 | 10,120.50 | 2,117.91 | 598.74 | 105.14 | 77.07 | 4,757.47 | 0.00 | (8.7%) | ||||||
| Shares, m | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 10 | +5.8% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 46.43 | 46.43 | 97.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.0 | |||||
| P/S | 0.00 | 0.00 | 0.00 | 0.00 | 1.60 | 0.25 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.2 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 2.67 | 2.68 | 0.79 | 0.31 | 0.01 | 0.01 | 0.00 | 0.00 | 0.6 | ||||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 0.00 | 1.40 | (0.16) | (0.01) | 0.01 | 0.00 | (0.37) | (0.21) | 0.1 | ||||||
| EV/FCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 0.02 | (0.01) | 0.00 | 0.69 | 0.40 | 0.1 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (27) | (100) | 19 | 17 | (50) | (10) | (18) | (26) | (8) | (9) | (33) | (11.8%) | |||||
| Capex | (4) | (1) | (1) | 0 | (2) | (2) | 0 | 0 | (4) | (2) | (3) | (5.5%) | ||||||
| Free cash flow | (27) | (100) | 18 | 17 | (51) | (11) | (18) | (26) | (13) | (11) | (36) | (9.5%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 95 | 97 | 39 | 116 | 104 | (22) | (37) | (6) | 16 | 19 | 15 | (16.6%) | |||||
| Net debt | (201) | (97) | (69) | (123) | (77) | (61) | (16) | (22) | (28) | (21) | (16) | (22.1%) | ||||||
| Shareholders’ equity | 114 | 116 | (272) | 228 | 225 | 48 | 14 | 27 | 53 | 83 | 77 | (3.5%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (22.83) | (9.53) | (4.91) | (34.80) | (5.41) | (39.93) | (15.51) | (9.77) | 4.05 | (11.38) | 0.00 | +11.5 pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | (45.72) | (14.65) | 0.00 | 0.00 | (513.36) | (43.59) | (19.31) | 0.00 | (19.3) pt | ||||||
| ROE | 34.97 | 14.60 | 8.08 | 818.19 | (14.91) | (134.97) | (115.09) | (63.35) | 10.63 | (17.91) | 0.00 | (52.9) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | 1,655 | 1,676 | 1,725 | 604 | 212 | 130 | 134 | 144 | — | (29.4%) | |||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.20 | 0.31 | 0.22 | 0.24 | 0.17 | 0.31 | 0.35 | 0.35 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Dec 2021 · fundamentals updated 2 Nov 2026
Fangdd Network Group vs peers in Real Estate Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EUDA EUDA Health Holdings Limited | $44.4M | — (loss-making) | 11.1× | — | n/m | −881.74% (below 0%: shrinking) | 26.92% | 0.00% | Compare |
| OMH Ohmyhome Limited | $28.2M | — | — | — | — | +88.25% (above 0%: growing) | — | — | Compare |
| MDRR Medalist Diversified REIT, Inc. | $21.3M | 1.7× | — (loss-making) | −26.64% (below 0%: shrinking) | n/m | +144.90% (above 0%: growing) | 64.43% | (21.79%) | Compare |
| DUO Fangdd Network Group | $21.0M | — (loss-making) | — (loss-making) | −15.35% (below 0%: shrinking) | n/m | +49.62% (above 0%: growing) | 12.91% | 0.00% | |
| NYC American Strategic Investment Co. | $18.9M | 1.2× | — (loss-making) | −40.15% (below 0%: shrinking) | n/m | +98.49% (above 0%: growing) | 16.69% | (26.47%) | Compare |
| LHAI Linkhome Holdings Inc. | $15.5M | — (loss-making) | — | +12.76% (above 0%: growing) | n/m | −11.63% (below 0%: shrinking) | 2.93% | (3.65%) | Compare |
| PETZ TDH Holdings, Inc. | $12.4M | — (loss-making) | — (loss-making) | +1,056.22% (above 0%: growing) | +102.70% (above 0%: growing) | +19.06% (above 0%: growing) | 31.14% | 0.00% | Compare |
| OPAD Offerpad Solutions Inc. | $11.7M | — (loss-making) | — (loss-making) | −41.16% (below 0%: shrinking) | n/m | −456.66% (below 0%: shrinking) | 8.32% | (11.98%) | Compare |
| GYRO Gyrodyne , LLC | $8.8M | — (loss-making) | — | −90.33% (below 0%: shrinking) | n/m | +6.58% (above 0%: growing) | 0.00% | 0.00% | Compare |
| Median of peers | $17.2M | — | — | −33.39% | — | +12.82% | 16.69% | (3.65%) |