DUO (Fangdd Network Group) Net-Net Working Capital: $0.11 (As of Jun. 2026)

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DUO Fangdd Network Group Ltd DUO
21 GF Score
Price $0.54
! 5 Warning Signs
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What is Fangdd Network Group Net-Net Working Capital?

Fangdd Network Group DUO -1.91% 21 Net-Net Working Capital is $0.11 as of Jun. 2026. GuruFocus rates DUO with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 328 Real Estate companies, Fangdd Network Group ranks worse than 52.74% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Fangdd Network Group's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $0.11.

The industry rank for Fangdd Network Group's Net-Net Working Capital or its related term are showing as below:

DUO's Price-to-Net-Net-Working-Capital is ranked worse than
52.74% of 328 companies
in the Real Estate industry
Industry Median: 4.8 vs DUO: 4.94

Fangdd Network Group  (NAS:DUO) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Fangdd Network Group Net-Net Working Capital Related Terms


Fangdd Network Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fangdd Network Group's Net-Net Working Capital 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.

Fangdd Network Group Net-Net Working Capital Chart

Fangdd Network Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,989.29 -2,506.50 -72.55 -0.38 0.18

Fangdd Network Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net-Net Working Capital 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 -45.73 -0.38 0.24 0.18 0.11

DUO vs EUDA, ABCP, FTHM: Net-Net Working Capital Comparison

For the Real Estate Services subindustry, Fangdd Network Group's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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 Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fangdd Network Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Fangdd Network Group's Price-to-Net-Net-Working-Capital falls into.


DUO
21GF Score
Fangdd Network Group Ltd DUO
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Fangdd Network Group Net-Net Working Capital Calculation

Fangdd Network Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.474+0.75 * 21.002+0.5 * 0.713-29.727
-0-0.069)/38.548
=0.18

Fangdd Network Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.251+0.75 * 19.303+0.5 * 0.729-26.204
-0--0.406)/38.548
=0.11

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $0.11 mean?
Fangdd Network Group (DUO) has a Net-Net Working Capital of $0.11 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Fangdd Network Group According to the industry distribution chart, Fangdd Network Group ranks #173 out of 328 companies in the Real Estate industry, placing it in the top 52.7%.
Is Fangdd Network Group's Net-Net Working Capital too high?
Fangdd Network Group's current Net-Net Working Capital is $0.11. The Real Estate industry median Net-Net Working Capital is 4.80. Fangdd Network Group's value of $0.11 is 97.7% below this industry median. Based on the distribution chart, Fangdd Network Group ranks #173 out of 328 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fangdd Network Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Fangdd Network Group's Net-Net Working Capital compare to EUDA and ABCP?
According to the Real Estate industry distribution chart, Fangdd Network Group ranks #173 out of 328 companies for Net-Net Working Capital. This places Fangdd Network Group in the lower half of its industry. The industry median Net-Net Working Capital is 4.80. Fangdd Network Group's value of $0.11 is 97.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.80, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fangdd Network Group's current Net-Net Working Capital of $0.11 is 97.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Fangdd Network Group For the Real Estate industry, the median Net-Net Working Capital is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fangdd Network Group's current Net-Net Working Capital is $0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fangdd Network Group stock overvalued right now?
Fangdd Network Group (DUO) has a current Net-Net Working Capital of $0.11. The current Net-Net Working Capital is $0.11 and 97.7% below the Real Estate industry median of 4.80. Fangdd Network Group's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Fangdd Network Group (DUO), the current Net-Net Working Capital is $0.11 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fangdd Network Group Business Description

Address 15 Dachong Road, Room 1501, Shangmei Technology Building, Nanshan District, Shenzhen, CHN, 518072
Fangdd Network Group Ltd is an investment holding company. 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. All revenues of the Group are derived from the PRC.
21GF Score

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