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


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What is Fangdd Network Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fangdd Network Group's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. Fangdd Network Group's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Fangdd Network Group's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Fangdd Network Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.9%.


The historical rank and industry rank for Fangdd Network Group's Gross Margin % or its related term are showing as below:

DUO' s Gross Margin % Range Over the Past 10 Years
Min: 10.06   Med: 16.2   Max: 21.22
Current: 16.73


During the past 8 years, the highest Gross Margin % of Fangdd Network Group was 21.22%. The lowest was 10.06%. And the median was 16.20%.

DUO's Gross Margin % is ranked worse than
81.09% of 1655 companies
in the Real Estate industry
Industry Median: 36.8 vs DUO: 16.73

Fangdd Network Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fangdd Network Group was -11.90% per year.


Fangdd Network Group Gross Margin % Historical Data

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

Fangdd Network Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 21.03 16.91 11.30 10.06 14.46

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
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 - 16.72 - -

Competitive Comparison of Fangdd Network Group's Gross Margin %

For the Real Estate Services subindustry, Fangdd Network Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fangdd Network Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fangdd Network Group's Gross Margin % falls into.



Fangdd Network Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

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

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=5.8 / 39.909
=(Revenue - Cost of Goods Sold) / Revenue
=(39.909 - 34.14) / 39.909
=14.46 %

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


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Fangdd Network Group  (NAS:DUO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Fangdd Network Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Fangdd Network Group Gross Margin % Related Terms

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Fangdd Network Group (Fangdd Network Group) Business Description

Traded in Other Exchanges
N/A
Address
15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057
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.

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