Fangdd Network Group (Fangdd Network Group) Total Assets

: $107.83 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

Fangdd Network Group's Total Assets for the quarter that ended in Dec. 2023 was $107.83 Mil.

During the past 12 months, Fangdd Network Group's average Total Assets Growth Rate was -65.10% per year. During the past 3 years, the average Total Assets Growth Rate was -34.00% per year. During the past 5 years, the average Total Assets Growth Rate was -15.60% per year.

During the past 8 years, Fangdd Network Group's highest 3-Year average Total Assets Growth Rate was 78.20%. The lowest was -34.00%. And the median was -0.30%.

Total Assets is connected with ROA %. Fangdd Network Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Fangdd Network Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Fangdd Network Group Total Assets Historical Data

The historical data trend for Fangdd Network Group's Total Assets 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.

* Premium members only.

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

623.37

619.02

300.34

154.44

107.83

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
Total Assets	Get a 7-Day Free Trial															300.34	204.98	154.44	135.80	107.83

Fangdd Network Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Fangdd Network Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	26.82	+	81.007
	=	107.83

Fangdd Network Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	26.82	+	81.007
	=	107.83

Fangdd Network Group (NAS:DUO) Total Assets Explanation

Total Assets is connected with ROA %.

Fangdd Network Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0	/	( (135.804	+	107.826)	/ 2 )
	=	0	/	121.815
	=	0.00 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Fangdd Network Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (135.804	+	107.826)	/ 2 )
=	0	/	121.815
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Fangdd Network Group Total Assets Related Terms

Thank you for viewing the detailed overview of Fangdd Network Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Fangdd Network Group (Fangdd Network Group) Business Description

Industry

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

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.