7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.4% per year over the past 5 years.
Financial health
Operating income covered interest expense -614.9× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$51M
-$12M
17.9%
-37.6%
-$12M
—
$4M
2024
$46M
$4M
18.2%
-37.1%
-$11M
—
$10M
2023
$40M
-$13M
14.5%
-93.1%
—
—
$17M
2022
—
-$35M
—
—
—
—
$21M
2021
—
-$184M
—
—
—
—
$77M
2020
—
-$34M
—
—
—
—
$129M
2019
—
-$73M
—
—
—
—
$159M
Valuation over time
How the market has priced DUO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 3.3× (Jun '25) to 2.4× (Dec '25).
The price-to-sales ratio has fallen from 0.1× (Jan '24) to 0.1× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is DUO growing its revenue and profit?
Over the past 5 years, Fangdd Network Group Ltd.'s revenue has grown 12.4% per year. These are computed facts, not advice.
How much debt does DUO have?
As of FY2025, Fangdd Network Group Ltd. reported — of total debt against $4M of cash; operating income covered interest expense -614.9×.
What is DUO's profit margin?
In FY2025, gross margin was 17.9%, operating margin -37.6%, and net margin -23.9%.
What is DUO's P/E ratio?
As of Jun '26, Fangdd Network Group Ltd. traded at a price-to-earnings ratio of about 2.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.