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DUOFangdd Network Group Ltd.
$0.64$2M
Overview & Verdict
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DUO logoFangdd Network Group Ltd.(DUO)Earnings, Financials & Key Ratios

DUO•NASDAQ
$0.64
1.3× P/E·Price updated Jul 7, 2026
SectorReal EstateIndustryReal Estate ServicesSub-IndustryReal estate data, listings and marketplaces
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%
  • EBITDA-$124M+52.9%
  • Net Income$31M+133.6%
  • EPS (Diluted)3.45+115.2%
  • Gross Margin18.21%+26.0%
  • EBITDA Margin-36.59%+60.4%
  • Operating Margin-37.06%+60.2%
  • Net Margin9.09%+128.2%
  • ROE10.73%+116.8%

DUO Price & Volume

Fangdd Network Group Ltd. (DUO) stock price & volume — 10-year historical chart

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Persistent Operational Losses Cloud Platform Recovery Prospects

Investment Thesis • Updated 2025Q2

VerdictNegative: The company's inability to convert revenue into positive operating cash flow
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Developer insolvency and liquidity

Key Thesis Takeaways

  • Fangdd Network Group faces a challenging outlook as its business model struggles to achieve sustainable profitability, evidenced by deep operating margins of -35.3% in 2025Q2.
  • While the company has successfully reduced its debt-to-equity ratio to 0.03, the rapid depletion of cash reserves from $843.4 million in 2020 to $34.6 million in 2025Q2 raises significant concerns regarding long-term solvency.
  • Investors should remain cautious as the firm's reliance on volatile transaction volumes and persistent negative free cash flow continue to undermine its core platform-based value proposition.

Verdict Logic

highlighted by a $27.3 million operating cash outflow in 2024Q4 despite reported net income, suggests fundamental risks to long-term viability.

DUO Growth Metrics

Fangdd Network Group Ltd. (DUO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

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

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM62.5%

EPS CAGR

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

Return on Capital

10 Years-55.84%
5 Years-84.26%
3 Years-100.54%
Last Year-40.23%

Latest DUO News

Recent stock market news and headlines for Fangdd Network Group Ltd. (DUO)

Business Wire·Jun 23, 2026
CroíValve Announces Expansion of Series B Financing with $27 Million Additional Capital to Fund DUO Adapt in an Enlarged TANDEM II Study

DUBLIN--(BUSINESS WIRE)--CroíValve, a pioneering medical device company focused on the development of a novel transcatheter device for the treatment of tricuspid regurgitation, announced today the closing of $20 million Series B expansion financing, along with $7 million European Innovation Council (EIC) and DTIF grant financing. Bringing the total for Series B to $36 million, and $43M including grant financing. The financing includes new investors BGF and EIC, along with participation from cur.

Peers Comparison

Key metrics vs top competitors for Fangdd Network Group Ltd. (DUO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DUO logoDUOFangdd Network Group Ltd.Current
$0.64$1.94M1.2719%9.09%10.73%—
KE logoKEKimball Electronics, Inc.
$24.63$599.45M36.22-13.29%1.81%4.52%—
COMP logoCOMPCompass, Inc.
$11.88$7.23B-118.8023.67%0.17%1.11%—
OPEN logoOPENOpendoor Technologies Inc.
$4.79$3.67B-2.82-15.18%-35.25%-163.25%—
HOUS logoHOUSAnywhere Real Estate Inc.
$17.64$1.98B-15.340.99%-2.18%-8.37%—
Z logoZZillow Group, Inc. Class C
$32.78$7.88B362.2115.52%2.27%1.28%—

Compare DUO vs Peers

Fangdd Network Group Ltd. (DUO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KE

Most directly comparable listed peer for DUO.

Scale Benchmark

vs BEKE

Larger-name benchmark to compare DUO against a more recognizable public peer.

Peer Set

Compare Top 5

vs KE, COMP, OPEN, HOUS

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DUO Frequently Asked Questions

Fangdd Network Group Ltd. (DUO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Fangdd Network Group Ltd.'s revenue?

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

How fast is Fangdd Network Group Ltd. growing?

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

Is DUO profitable?

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

Dividend & Returns
What is DUO's return on equity?

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

What is Fangdd Network Group Ltd.'s free cash flow?

Fangdd Network Group Ltd. (DUO) had negative free cash flow of $84.6M in fiscal year 2024, likely due to heavy capital investments.

What if you invested $1,000 in DUO back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →