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Fangdd Network Group Gross Margin %

: 23.48% (As of Sep. 2020)
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Gross Margin % is calculated as gross profit divided by its revenue. Fangdd Network Group's Gross Profit for the three months ended in Sep. 2020 was $28.2 Mil. Fangdd Network Group's Revenue for the three months ended in Sep. 2020 was $120.3 Mil. Therefore, Fangdd Network Group's Gross Margin % for the quarter that ended in Sep. 2020 was 23.48%.


NAS:DUO' s Gross Margin % Range Over the Past 10 Years
Min: 15.48   Med: 20.96   Max: 21.22
Current: 20.1
15.48
21.22

During the past 4 years, the highest Gross Margin % of Fangdd Network Group was 21.22%. The lowest was 15.48%. And the median was 20.96%.

NAS:DUO's Gross Margin % is ranked lower than
80% of the 1588 Companies
in the Real Estate industry.

( Industry Median: 37.81 vs. NAS:DUO: 20.10 )

Fangdd Network Group had a gross margin of 23.48% for the quarter that ended in Sep. 2020 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fangdd Network Group was 0.00% per year.

Fangdd Network Group Gross Margin % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Fangdd Network Group Annual Data
Dec16 Dec17 Dec18 Dec19
Gross Margin % 15.48 21.22 20.88 21.03

Fangdd Network Group Quarterly Data
Dec16 Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.98 20.48 18.15 16.40 23.48
Competitive Comparison
* 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.

Fangdd Network Group Gross Margin % Distribution

* 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.

Fangdd Network Group's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=107.9 / 513.20073570298
=(Revenue - Cost of Goods Sold) / Revenue
=(513.20073570298 - 405.2631278783) / 513.20073570298
=21.03 %

Fangdd Network Group's Gross Margin for the quarter that ended in Sep. 2020 is calculated as


Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=28.2 / 120.2670836637
=(Revenue - Cost of Goods Sold) / Revenue
=(120.2670836637 - 92.033007370863) / 120.2670836637
=23.48 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 23.48% for the quarter that ended in Sep. 2020 => Competition eroding margins

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

Fangdd Network Group Gross Margin % Headlines

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