---
title: "Fangdd Network (DUO.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/DUO.US/norm.md"
symbol: "DUO.US"
name: "Fangdd Network"
parent: "https://longbridge.com/en/quote/DUO.US.md"
datetime: "2026-05-20T18:43:45.747Z"
locales:
  - [en](https://longbridge.com/en/quote/DUO.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/DUO.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/DUO.US/norm.md)
---

# Fangdd Network (DUO.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.3310 | -0.3252 | -0.8829 | -0.8717 | 0.9332 |
| ROE | -16.11% | -19.44% | -20.05% | -19.89% | 6.96% |
| Revenue | 10.82M | 10.63M | 14.18M | 14.00M | 13.64M |
| Net income | -3.33M | -3.27M | -2.66M | -2.62M | 921184.22 |
| Operating income | -4.40M | -4.32M | -5.00M | -4.94M | -3.91M |
| Gross margin | 29.81% | 29.81% | 9.07% | 9.07% | 22.24% |
| Net margin | -30.77% | -30.77% | -18.74% | -18.74% | 6.75% |
| Profit quality | - | - | - | - | - |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 112.67M | 110.72M | 94.67M | 93.48M | 100.17M |
| Leverage | 1.36 | 1.36 | 1.78 | 1.78 | 1.91 |
| BVPS | 2.14 | 2.11 | 13.19 | 13.02 | 23.68 |
| Turnover | 0.4670 | 0.4984 | 0.5950 | 0.5482 | 0.4518 |
| Cash & STI | 20.61M | 20.25M | 24.87M | 24.56M | 25.89M |
| Inv & Rec | 717838.77 | 705396.52 | 706079.20 | 697155.76 | 737056.98 |
| LT assets | 4.82M | 4.74M | 5.78M | 5.70M | 2.30M |
| Net debt | -20.50M | -20.14M | -23.42M | -23.13M | -25.69M |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -2.78M | -2.74M | -1.48M | -1.46M | -3.73M |
| Investing CF | 1.98M | 1.95M | -4.93M | -4.87M | -10.19M |
| Financing CF | 115708.98 | 113703.40 | 3.23M | 3.19M | 9.96M |
| Free CF | -2.00M | -5.15M | -4.67M | -1.89M | -4.43M |
| OCF coverage | 9081.35% | 9081.35% | -89.08% | -89.08% | -180.81% |
| Repaid & issued | - | - | - | - | - |
| CapEx | 30660.38 | 30128.94 | -1.66M | -1.64M | -2.06M |