Fangdd Network Group Ltd. balance sheet

At the end of fiscal 2025, Fangdd Network Group Ltd. had total assets of $113m, total liabilities of $29.9m and shareholders' equity of $82.7m. It held $4.2m in cash against $0 of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fangdd Network Group Ltd.: balance sheet, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	194	65	159	129	77	21	17	10	4
Receivables	—	197	315	345	139	68	44	27	21
Inventory	—	—	—	—	—	2	2	1	1
Total current assets	—	353	536	533	255	125	86	75	56
Goodwill	—	—	—	5	—	0	—	—	—
Total assets	—	419	628	620	300	156	108	100	113
Accounts payable	—	164	273	275	185	96	48	25	10
Deferred revenue (current)	—	6	6	6	5	4	4	2	3
Total current liabilities	—	290	398	392	248	138	77	45	30
Short-term debt	—	—	—	—	—	11	—	—	—
Total debt	0	0	0	0	0	11	0	0	0
Total liabilities	—	291	400	396	253	142	81	48	30
Shareholders' equity	—	−272	228	221	49	15	28	53	83
Non-controlling interests and other (assets − liabilities − equity)	—	399	—	—	—	—	—	—	—
Shares outstanding	—	9,457m	—	—	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Fangdd Network Group Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Fangdd Network Group Ltd.