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DUO (Fangdd Network Group) Return-on-Tangible-Equity : 9.02% (As of Dec. 2024)


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What is Fangdd Network Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Fangdd Network Group's annualized net income for the quarter that ended in Dec. 2024 was $3.69 Mil. Fangdd Network Group's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $40.95 Mil. Therefore, Fangdd Network Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 9.02%.

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

DUO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -139.29   Med: -61.83   Max: 11.66
Current: 11.66

During the past 9 years, Fangdd Network Group's highest Return-on-Tangible-Equity was 11.66%. The lowest was -139.29%. And the median was -61.83%.

DUO's Return-on-Tangible-Equity is ranked better than
78.72% of 1720 companies
in the Real Estate industry
Industry Median: 3.59 vs DUO: 11.66

Fangdd Network Group Return-on-Tangible-Equity Historical Data

The historical data trend for Fangdd Network Group's Return-on-Tangible-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.

* Premium members only.

Fangdd Network Group Return-on-Tangible-Equity Chart

Fangdd Network Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -15.26 -139.29 -110.29 -61.83 10.56

Fangdd Network Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity 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 -78.81 10.57 -90.01 17.04 9.02

Competitive Comparison of Fangdd Network Group's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Fangdd Network Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Fangdd Network Group's Return-on-Tangible-Equity falls into.


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Fangdd Network Group Return-on-Tangible-Equity Calculation

Fangdd Network Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=4.235/( (27.271+52.926 )/ 2 )
=4.235/40.0985
=10.56 %

Fangdd Network Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=3.694/( (28.975+52.926)/ 2 )
=3.694/40.9505
=9.02 %

* 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 the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fangdd Network Group  (NAS:DUO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Fangdd Network Group Return-on-Tangible-Equity Related Terms

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Fangdd Network Group Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Bay Ecological Technology Park, Room 4106, Building 12B1, Nanshan District, Shenzhen, CHN, 518063
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.