Fangdd Network Group (Fangdd Network Group) ROCE % : 0.00% (As of Dec. 2023)

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What is Fangdd Network Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Fangdd Network Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Fangdd Network Group ROCE % Historical Data

The historical data trend for Fangdd Network Group's ROCE % 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 ROCE % Chart

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-39.73

-12.99

-132.97

-92.52

-53.90

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
ROCE %	Get a 7-Day Free Trial															-401.86	-	-154.86	-	-

Fangdd Network Group ROCE % Calculation

Fangdd Network Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-13.217	/	( ( (154.436 - 136.225)	+	(107.826 - 76.99) )	/ 2 )
	=	-13.217	/	( (18.211	+	30.836)	/ 2 )
	=	-13.217	/	24.5235
	=	-53.90 %

Fangdd Network Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (135.804 - 96.081)	+	(107.826 - 76.99) )	/ 2 )
	=	0	/	( ( 39.723	+	30.836 )	/ 2 )
	=	0	/	35.2795
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Fangdd Network Group (NAS:DUO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Fangdd Network Group ROCE % 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 » ROCE %

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.