Fangdd Network Group Ltd. (DUO) SEC Filings & Earnings Calls
EquiReason read 6 Fangdd Network Group Ltd. SEC filings in the last 12 months. Latest: 6-K on 2026-09-29 — Filing contains only XBRL taxonomy data with no substantive narrative or event disclosure..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 21.8M
- P/E TTM
- —
- Dividend yield
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- 52-week
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- Next earnings
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
28 Aug 20266-KRevenue -43.1% YoY, net loss RMB34.5M, GMV -30.8% due to China real estate downturn; gross margin improved to 13.2% from 9.1%.earningsopen
Figures in the filing · each found in the filing text
| Gross margin · H1-2026 | 13.2% |
Risks flagged
China real estate market downturn continues, pressuring revenue and GMV.
“The real estate market still faces downward pressure.” · word for word
Developer credit risk leads to asset impairments and business cessation.
“Provision of impairment of certain assets due to ceasing business cooperation with high credit risk developers.”
24 Jul 20266-KFangDD received Nasdaq deficiency notice for minimum bid price non-compliance. Share price below $1 for 30 consecutive days. 180-day cure period until Jan 19, 2027.open
Risks flagged
High risk of delisting if bid price does not recover above $1 for 10 consecutive days within 180-day cure period.
“the Company has been granted a compliance period of 180 calendar days until January 19, 2027 to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price of the Company’s Class A ordinary shares is at least US$1 for a minimum of ten consecutive business days.” · word for word
Potential additional compliance period of 180 days if certain conditions met, but still uncertain.
“In the event the Company does not regain compliance with the Rule within 180 calendar days, the Company may be eligible for an additional compliance period of 180 calendar days.” · word for word
6 May 202620-FFangdd Network Group Ltd. reported FY2025 revenue of US$50.7 million, up 4.6% YoY, with high credit loss allowances and impairment charges.earningsopen
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $51M | +5% y/y |
| Allowance for credit losses · FY2025 | $99M | -1% y/y |
| Impairment loss on investments · FY2025 | $6M |
Risks flagged
Credit risk from real estate developers
“the persistent financial strain on real estate developers, leading them to default on aged accounts receivable despite preferential policies” · word for word
Regulatory risk from VIE structure
“If the PRC government determines that these contractual arrangements do not comply with its restrictions on foreign investment in the internet business... our shares may decline in value or become worthless” · word for word
29 Dec 20256-KFangdd Network Group Ltd. reports conversion of $34.32M convertible note into 32,971,466 Class A ordinary shares at $1.0409 per share, and issuance of 12,731 Class C ordinary shares to ZX International Ltd. at $1.81 per share, resulting inshare dilutionopen
Figures in the filing · each found in the filing text
| convertible_note_principal · 2025-10-24 | $34M | |
| conversion_shares_issued · Class A ordinary shares · 2025-12-05 | 32,971,466 | |
| conversion_price_per_share · 2025-12-05 | $1.04 | |
| class_c_shares_issued · Class C ordinary shares · 2025-12-05 | 12,731 | |
| total_shares_outstanding · 2025-12-05 | 38,548,413 |
Risks flagged
Significant dilution from conversion of $34.32M convertible note into 32.97M shares at $1.0409, and issuance of 12,731 Class C shares at $1.81.
“Conversion of $34.32M note into 32.97M shares at $1.0409 per share, and issuance of 12,731 Class C shares at $1.81.”
No change in control, but substantial dilution for existing shareholders.
“The conversion of the Note and issuance of Class C ordinary shares described above did not result in a change in control of the Company.” · word for word
24 Oct 20256-KFangDD issued a $34.32M convertible note to satisfy payment obligations for an asset acquisition; also proposed issuance of Class C shares.open
Figures in the filing · each found in the filing text
| Convertible note principal · Q4-2025 | $34M | |
| Conversion price · Q4-2025 | $1.04 |
Risks flagged
Equity dilution risk from convertible note conversion and Class C share issuance.
“Note is convertible into Class A ordinary shares... Company agreed to sell and issue up to 12,731 Class C ordinary shares” · word for word
Debt obligation with 364-day maturity; no interest but unsecured.
“Note will mature in 364 days after issuance without bearing interest... unsecured general obligation” · word for word
Fangdd Network Group Ltd. — questions
- What did Fangdd Network Group Ltd. file recently?
- 6 SEC filings in the last 12 months. Latest: 6-K on 2026-09-29 — Filing contains only XBRL taxonomy data with no substantive narrative or event disclosure.
Every figure on this page comes from Fangdd Network Group Ltd.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.