← Fangdd Network Group Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation and amortization | $30.4m | $14.3m | $4.8m | $3.8m | $7.7m | $2.7m | $697k | $463k | $10.4m | $11.7m | |
| Amortization of right-of-use assets | — | — | — | — | — | $597k | $1.1m | $1.1m | $1.4m | — | |
| Share-based compensation expenses | — | $0 | $745.9m | $102.8m | $47.1m | $16.7m | $105k | $18k | — | $0 | |
| Impairment loss for property, plant and equipment | $698k | $831k | $3.6m | $52k | $252k | $7.6m | $275k | $241k | $12.0m | — | |
| Impairment loss for goodwill | — | — | — | — | $31.2m | $0 | $454k | — | $621k | — | |
| Impairment loss for long-term equity investment | — | — | — | — | — | — | $3.0m | $1.0m | $1.0m | — | |
| Impairment loss for equity method investments | — | — | $16.0m | $0 | $187.3m | $62.6m | $15.3m | $4.0m | $44.4m | — | |
| Share of (profit)/loss from equity method investees, net of income tax | — | — | — | — | — | $2.0m | ($442k) | $196k | $722k | — | |
| Investment in equity method investees | ($63.0m) | ($404.2m) | ($579.5m) | ($1.5m) | ($84.6m) | ($33.2m) | — | ($18.1m) | ($906k) | — | |
| Return of capital from equity method investees | $17.5m | $148.9m | $358.6m | $115.4m | $50.1m | $19.5m | $45.6m | — | $218k | — | |
| Accounts receivable | ($641.5m) | ($564.3m) | ($893.2m) | ($130.0m) | $867.0m | $497.6m | $97.8m | $54.1m | $11.6m | $5.0m | |
| Inventories | — | — | — | — | — | — | ($1.3m) | $7.1m | $358k | $358k | |
| Accounts payable write-off benefit | — | — | — | — | — | ($33.6m) | ($167.9m) | ($151.5m) | ($34.9m) | ($70.8m) | |
| Accounts payable | $338.4m | $534.8m | $769.4m | ($101.3m) | ($620.4m) | ($516.7m) | ($263.8m) | $3.7m | ($70.8m) | ($70.8m) | |
| Accrued expenses and other payables | $13.1m | ($344.5m) | ($84.9m) | ($62.0m) | ($126.6m) | ($59.5m) | ($59.2m) | ($17.4m) | ($207k) | — | |
| Income tax payables | $3.5m | $8.7m | $822k | $12.4m | $5.0m | $6.3m | ($1.9m) | ($4.9m) | ($1.4m) | — | |
| Prepayments and other assets | ($14.7m) | ($19.1m) | $29.8m | $8.6m | $98.0m | $3.4m | ($80.5m) | ($16.4m) | $36.8m | — | |
| Net cash used in operating activities | ($674.4m) |
$129.5m
+119.20%
|
$118.5m
-8.47%
|
($325.0m)
-374.23%
|
($60.6m)
+81.35%
|
($127.0m)
-109.48%
|
($186.1m)
-46.57%
|
($60.4m)
+67.56%
|
($60.2m)
+0.29%
|
($60.2m)
0.00%
|
|
| Property, plant and equipment written off | $698k | $831k | $439k | $51k | $322k | $1.3m | $275k | $241k | $89k | — | |
| Loss on disposal of property, plant and equipment | $698k | $831k | $3.6m | $52k | $252k | $40k | $275k | $241k | $742k | — | |
| Purchase of property, plant and equipment | $4.6m | $8.4m | $1.7m | $10.2m | $12.5m | $194k | ($296k) | ($23.1m) | ($23.4m) | — | |
| Prepayment for acquisition of property | — | — | — | — | — | ($194k) | ($296k) | ($8.2m) | — | — | |
| Proceeds from disposal of property, plant and equipment | $698k | $831k | $3.6m | $52k | $252k | $40k | $275k | $241k | $7.9m | — | |
| Loss/(gain) on short-term investments | ($3.3m) | ($5.5m) | ($2.8m) | ($321k) | ($112k) | ($363k) | $73k | ($240k) | ($4.6m) | — | |
| Cash paid for short-term investments | ($756.0m) | ($1.3b) | ($456.2m) | ($1.3b) | ($104.1m) | ($464.9m) | ($63.8m) | ($334.4m) | ($88.8m) | — | |
| Proceeds from disposal of short-term investments | $1.0b | $1.2b | $518.9m | $1.3b | $107.1m | $320.1m | $50.0m | $237.6m | $70.7m | — | |
| Net cash provided by/(used in) investing activities | $212.1m | ($349.9m) | ($151.8m) | $5.8m | ($43.7m) | ($159.3m) | $31.4m | ($146.0m) | ($42.9m) | ($42.9m) | |
| Repayment for short-term bank borrowings | — | ($683.1m) | ($445.0m) | ($587.5m) | ($462.8m) | ($134.8m) | ($72.5m) | — | — | — | |
| Net cash provided by financing activities | $663.1m |
($268.1m)
-140.43%
|
$593.4m
+321.35%
|
($46.6m)
-107.85%
|
($307.1m)
-559.68%
|
($58.7m)
+80.90%
|
$119.8m
+304.30%
|
$146.6m
+22.36%
|
$47.9m
-67.31%
|
$47.9m
0.00%
|
|
| Cash, cash equivalents and restricted cash at the beginning of the year | $1.3b | $794.2m | $1.3b | $936.0m | $516.2m | $182.7m | $143.9m | $89.5m | $32.7m | — | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | ($40.0m) | $19.1m | ($20.5m) | ($32.1m) | ($8.3m) | $11.4m | ($4.0m) | $5.3m | ($1.6m) | ($1.6m) | |
| Net decrease in cash, cash equivalents and restricted cash | $160.8m | ($469.4m) | $539.7m | ($397.8m) | ($419.8m) | ($333.5m) | ($38.8m) | ($54.4m) | ($56.8m) | — | |
| Restricted cash | — | — | — | — | $24.1m | $38.8m | $22.2m | $14.1m | $3.3m | — | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Net (loss)/income | $649k | $104.0m | ($510.4m) | ($221.4m) | ($1.2b) | ($239.6m) | ($93.1m) | $28.3m | ($86.0m) | — | |
| Provision of allowance for credit losses | — | — | — | — | — | ($67.6m) | $201.9m | $78.2m | $43.7m | — | |
| Amounts due to related parties write-off benefit | — | — | — | — | — | — | — | — | ($5.7m) | — | |
| Foreign currency exchange (gain)/loss | $787k | ($684k) | ($237k) | $4.1m | $394k | ($375k) | ($333k) | $8.4m | ($5.3m) | — | |
| Gain on acquisition of subsidiaries | — | — | — | — | — | — | — | ($272k) | — | — | |
| Gain on disposal of subsidiaries | — | — | — | — | — | — | ($3.3m) | ($1.4m) | ($8.9m) | — | |
| Amounts due from related parties | — | — | — | — | — | — | — | — | ($6.6m) | — | |
| Other non-current assets | — | — | — | — | — | — | ($4.4m) | $2.7m | — | — | |
| Amounts due to related parties | — | — | — | — | — | ($30.8m) | ($10.7m) | ($34.3m) | ($1.0m) | — | |
| Customers’ refundable fees | ($17.7m) | ($17.2m) | $3.2m | ($8.8m) | ($8.3m) | ($250k) | $807k | ($15.4m) | $2.9m | — | |
| Lease liabilities | — | — | — | — | — | ($769k) | ($989k) | ($1.0m) | ($1.5m) | — | |
| Cash received from/(paid for) acquisition of subsidiaries, net of cash acquired | — | — | — | ($8.7m) | — | ($648k) | — | $215k | ($305k) | — | |
| Cash advances made to related parties | — | — | — | — | — | — | — | — | ($7.7m) | — | |
| Cash received from/(paid for) disposal of subsidiaries | — | — | — | — | — | — | — | $68k | ($710k) | — | |
| Contribution from non-controlling shareholders | — | — | — | — | $1.5m | $490k | $635k | $1.9m | $3.2m | — | |
| Proceeds from issuance of ordinary shares, net of issuance costs | — | — | — | — | — | $3.1m | $46.6m | $88.6m | — | — | |
| Proceeds from issuance of convertible promissory note, net of issuance costs | — | — | — | — | — | — | $145.1m | — | $44.7m | — | |
| Proceeds from regular warrants exercised | — | — | — | — | — | — | — | $25.3m | — | — | |
| Proceeds from issuance and exercise of pre-funded warrants | — | — | — | — | — | — | — | $30.8m | — | — | |
| Cash and cash equivalents | — | — | — | — | $492.1m | $143.9m | $121.7m | $75.4m | $29.3m | $89.5m | |
| Interest paid | ($14.5m) | ($17.2m) | ($18.4m) | ($23.9m) | ($18.3m) | ($6.2m) | ($326k) | ($946k) | — | $0 | |
| Income tax paid | ($298k) | ($729k) | ($1.7m) | ($320k) | ($445k) | ($812k) | ($37k) | ($33k) | ($32k) | $32k | |
| Lease liabilities arising from obtaining right-of-use assets | — | — | — | — | — | $2.8m | $366k | $2.0m | $1.1m | — | |
| Issuance of convertible promissory note for intangible asset purchase | — | — | — | — | — | — | — | — | $242.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.