Fangdd Network Group (Fangdd Network Group) Accumulated Depreciation : $-7.39 Mil (As of Dec. 2023)

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What is Fangdd Network Group Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Fangdd Network Group's quarterly accumulated depreciation declined from Dec. 2022 ($-9.44 Mil) to Jun. 2023 ($-7.68 Mil) but then stayed the same from Jun. 2023 ($-7.68 Mil) to Dec. 2023 ($-7.39 Mil).

Fangdd Network Group's annual accumulated depreciation declined from Dec. 2021 ($-11.92 Mil) to Dec. 2022 ($-9.44 Mil) but then stayed the same from Dec. 2022 ($-9.44 Mil) to Dec. 2023 ($-7.39 Mil).

Fangdd Network Group Accumulated Depreciation Historical Data

The historical data trend for Fangdd Network Group's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fangdd Network Group Accumulated Depreciation Chart

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-9.68

-10.83

-11.92

-9.44

-7.39

Fangdd Network Group Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-11.92	-11.32	-9.44	-7.68	-7.39

Fangdd Network Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Fangdd Network Group Accumulated Depreciation Related Terms

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Fangdd Network Group (Fangdd Network Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fangdd Network Group Ltd (NAS:DUO) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.fangdd.com

Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.