DUO (Fangdd Network Group) Debt-to-Equity : 0.01 (As of Jun. 2024)

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What is Fangdd Network Group Debt-to-Equity?

Fangdd Network Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.21 Mil. Fangdd Network Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.04 Mil. Fangdd Network Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $29.44 Mil. Fangdd Network Group's debt to equity for the quarter that ended in Jun. 2024 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fangdd Network Group's Debt-to-Equity or its related term are showing as below:

DUO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.41 Med: 0.12 Max: 0.74
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Fangdd Network Group was 0.74. The lowest was -0.41. And the median was 0.12.

DUO's Debt-to-Equity is ranked better than
99.94% of 1553 companies
in the Real Estate industry
Industry Median: 0.71 vs DUO: 0.01

Fangdd Network Group Debt-to-Equity Historical Data

The historical data trend for Fangdd Network Group's Debt-to-Equity 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 Debt-to-Equity Chart

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.43

0.74

Fangdd Network Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial										0.63	0.74	0.01	-	0.01

Competitive Comparison of Fangdd Network Group's Debt-to-Equity

For the Real Estate Services subindustry, Fangdd Network Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fangdd Network Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fangdd Network Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fangdd Network Group's Debt-to-Equity falls into.

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Fangdd Network Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fangdd Network Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.016	+	0.004)	/	27.429
	=	0.00

Fangdd Network Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.207	+	0.039)	/	29.438
	=	0.01

Fangdd Network Group (NAS:DUO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Fangdd Network Group Debt-to-Equity Related Terms

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Fangdd Network Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fangdd Network Group Ltd (NAS:DUO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenzhen Bay Ecological Technology Park, Room 4106, Building 12B1, Nanshan District, Shenzhen, CHN, 518063

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.