Fangdd Network Group Ltd.DUO
| Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Cash and cash equivalents | 159 | 129 | 77 | 21 | 17 | 10 |
|---|
| Restricted cash | - | - | - | - | 3 | 2 |
|---|
| Short-term investments | 2 | 1 | 1 | 0 | 2 | 16 |
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| Accounts receivable, net | 315 | 345 | 139 | 68 | 44 | 27 |
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| Prepayments and other assets, net | 28 | 29 | 35 | 28 | 18 | 20 |
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| Inventories | - | - | - | 2 | 2 | 1 |
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| Total current assets | 536 | 533 | 255 | 125 | 86 | 75 |
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| Total Property, equipment and software, net | 1 | 2 | 2 | 0 | 0 | 2 |
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| Intangible assets, net | - | - | - | - | - | 0 |
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| Right-of-use assets | - | - | - | 0 | 0 | 0 |
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| Balance | 83 | 72 | 40 | 30 | 21 | 22 |
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| Long-term equity investment, net | - | - | - | - | - | 0 |
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| Other non-current assets | 1 | 1 | - | - | 1 | - |
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| Total non-current assets | 92 | 88 | 45 | 32 | 22 | 25 |
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| Total assets | 628 | 620 | 300 | 156 | 108 | 100 |
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| Accounts payable (including accounts payable of consolidated VIE without recourse to the Company of RMB319,606 and RMB98,175 as of December 31, 2023 and 2024, respectively) | 273 | 275 | 185 | 96 | 56 | 25 |
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| Customers’ refundable fees (including customers’ refundable fees of consolidated VIE without recourse to the Company of RMB30,657 and RMB14,433 as of December 31, 2023 and 2024, respectively) | 6 | 6 | 5 | 4 | 4 | 2 |
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| Accrued expenses and other payables (including accrued expenses and other payables of consolidated VIE without recourse to the Company of RMB75,630 and RMB69,174 as of December 31, 2023 and 2024, respectively) | - | - | - | - | - | 14 |
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| Income tax payables (including income tax payables of consolidated VIE without recourse to the Company of RMB1,590 and RMB11 as of December 31, 2023 and 2024, respectively) | - | - | - | - | - | 0 |
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| Lease liabilities (including operating lease liabilities of consolidated VIE without recourse to the Company of RMB111 and RMB671 as of December 31, 2023 and 2024, respectively) | - | - | - | 0 | 0 | 0 |
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| Total current liabilities | 398 | 392 | 248 | 138 | 77 | 45 |
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| Income tax payables (including income tax payables of consolidated VIE without recourse to the Company of RMB28,243 and RMB20,746 as of December 31, 2023 and 2024, respectively) | - | - | - | - | - | 3 |
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| Lease liabilities (including operating lease liabilities of consolidated VIE without recourse to the Company of RMB29 and RMB130 as of December 31, 2023 and 2024, respectively) | - | - | - | 0 | 0 | 0 |
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| Total non-current liabilities | 2 | 4 | 4 | 5 | 4 | 3 |
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| Total liabilities | 400 | 396 | 253 | 142 | 81 | 48 |
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| Ordinary shares, value | - | - | - | - | 0 | 0 |
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| Additional paid-in capital | - | - | - | - | - | 738 |
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| Accumulated other comprehensive loss | -53 | -61 | -64 | -57 | -56 | -53 |
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| Accumulated deficit | -420 | -482 | -677 | -661 | -655 | -633 |
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| Total Fangdd Network Group Ltd. shareholders’ equity | 228 | 221 | 49 | 15 | 28 | 53 |
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| Non-controlling interests | - | 3 | -2 | -1 | -1 | -0 |
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| Class A Ordinary Shares | - | - | - | - | 0 | 0 |
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| Class C Ordinary Shares | - | - | - | 75,000 | - | - |
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| Total shareholders’ equity | - | 225 | 48 | 14 | 27 | 53 |
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| Total liabilities and shareholders’ equity | 628 | 620 | 300 | 156 | 108 | 100 |
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