Fangdd Network Group Ltd. cash flow statement

In fiscal 2025, Fangdd Network Group Ltd.'s operations generated −$8.4m of cash; it spent $3.3m on capital projects, leaving free cash flow of −$11.6m.

Cash flow statement

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

Fangdd Network Group Ltd.: cash flow statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	−100	20	17	−47	−9	−19	−26	−8	−8
Depreciation and amortisation	5	2	1	1	1	0	0	0	1
Stock-based pay	—	0	108	15	7	2	0	0	—
Capital spending	1	1	0	1	2	0	0	1	3
Free cash flow	−101	18	17	−49	−11	−19	−26	−10	−12
Free cash flow after stock pay	—	18	−91	−63	−19	−21	−26	−10	—
Shares issued	—	—	—	—	—	0	7	12	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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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.