Fangdd Network Group Ltd.DUO
| Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Net (loss)/income | -73 | -34 | -189 | -35 | -13 | 4 |
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| Depreciation and amortization | - | - | - | - | - | 0 |
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| Amortization of right-of-use assets | - | - | - | 0 | 0 | 0 |
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| Share-based compensation expenses | - | - | - | - | 0 | 0 |
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| Gain/(loss) on short-term investments | 0 | 0 | 0 | 0 | -0 | 0 |
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| Impairment loss for goodwill | - | - | 5 | - | 0 | - |
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| Impairment loss for long-term equity investment | 2 | - | 4 | 1 | 0 | 0 |
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| Impairment loss for equity method investments | - | - | 29 | 9 | 2 | 1 |
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| Share of loss/(profit) from equity method investments, net of income tax | - | - | - | - | - | -0 |
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| (Reversal)/provision of credit losses of accounts receivable, prepayments and other assets | - | - | - | - | - | 11 |
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| Accounts payable write-off benefit | - | - | - | - | - | 21 |
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| Loss on written off of property, plant and equipment | -0 | -0 | -0 | -0 | -0 | -0 |
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| Foreign currency exchange gain/(loss), net | 0 | -1 | -0 | 0 | 0 | -1 |
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| Gain on acquisition of subsidiaries | - | - | - | - | - | 0 |
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| Gain on disposal of subsidiaries | - | - | - | - | 0 | 0 |
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| Accounts receivable | 128 | 20 | -136 | -72 | -14 | -7 |
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| Prepayments and other assets | -4 | -1 | -15 | -0 | - | 2 |
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| Other non-current assets | - | - | - | - | 1 | -0 |
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| Accounts payable | 111 | -16 | -97 | -75 | -37 | 1 |
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| Amounts due to related parties | - | - | - | - | - | -5 |
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| Customers’ refundable fees | 0 | -1 | -1 | -0 | 0 | -2 |
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| Accrued expenses and other payables | -12 | -9 | -20 | -9 | -8 | -2 |
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| Lease liabilities | - | - | - | -0 | -0 | -0 |
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| Income tax payables | -0 | 2 | 1 | 1 | -0 | -1 |
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| Net cash used in operating activities | 17 | -50 | -10 | -18 | -26 | -8 |
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| Purchase of property, plant and equipment | - | - | - | - | - | 1 |
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| Prepayment for acquisition of property | - | - | - | - | - | 3 |
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| Investment in equity method investments | 83 | 0 | 13 | 5 | - | 2 |
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| Return of capital from equity method investees | 52 | 18 | 8 | 3 | - | - |
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| Cash (paid for)/received from acquisition of subsidiaries, net of cash acquired | - | 1 | - | 0 | - | -0 |
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| Cash received from disposal of subsidiaries | - | - | - | - | - | 0 |
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| Cash paid for short-term investments | 66 | 194 | 16 | 67 | 9 | 46 |
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| Proceeds from disposal of short-term investments | 75 | 194 | 17 | 46 | 7 | 33 |
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| Net cash (used in)/provided by investing activities | -22 | 1 | -7 | -23 | 4 | -20 |
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| Contribution from non-controlling shareholders | - | - | 0 | 0 | 0 | 0 |
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| Proceeds from issuance of ordinary shares, net of issuance costs | - | - | - | - | - | 12 |
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| Proceeds from issuance of convertible promissory note, net of issuance costs | - | - | - | - | 20 | - |
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| Proceeds from regular warrants exercised | - | - | - | - | - | 3 |
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| Proceeds from issuance and exercise of pre-funded warrants | - | - | - | - | - | 4 |
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| Repayment for short-term bank borrowings | 64 | 90 | 73 | 20 | 10 | - |
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| Net cash provided by financing activities | 85 | -7 | -48 | -9 | 17 | 20 |
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| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -3 | -5 | -1 | 2 | -1 | 1 |
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| Net decrease in cash, cash equivalents and restricted cash | 78 | -61 | -66 | -48 | -5 | -7 |
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| Interest paid | 3 | 4 | 3 | 1 | 0 | 0 |
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| Income tax paid | 0 | 0 | 0 | 0 | 0 | 0 |
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| Lease liabilities arising from obtaining right-of-use assets | - | - | - | - | - | 0 |
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