Fangdd Network Group (Fangdd Network Group) Total Current Assets : $85.86 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Fangdd Network Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fangdd Network Group's total current assets for the quarter that ended in Dec. 2023 was $85.86 Mil.

Fangdd Network Group Total Current Assets Historical Data

The historical data trend for Fangdd Network Group's Total Current Assets 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 Total Current Assets Chart

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

531.82

531.43

255.49

123.20

85.86

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
Total Current Assets	Get a 7-Day Free Trial															255.49	171.11	123.20	113.78	85.86

Fangdd Network Group Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Fangdd Network Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	19.193	+	58.567	+	1.751	+	6.352
	=	85.86

Fangdd Network Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	19.193	+	58.567	+	1.751	+	6.352
	=	85.86

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Fangdd Network Group (NAS:DUO) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Fangdd Network Group's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.193	-	81.007	+	0.75 * 44.066	+	0.5 * 1.751
=	-27.89

Fangdd Network Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Fangdd Network Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Fangdd Network Group (Fangdd Network Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fangdd Network Group Ltd (NAS:DUO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057

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.