Fangdd Network (DUO) Gross Margin (2018 - 2022)
Fangdd Network (DUO) posted quarterly Gross Margin of 16.72% for Q4 2022, up 1089.0% year-over-year from 1.41% in Q4 2021, and up 186.8% quarter-over-quarter from 5.83% in Q4 2021.
Fangdd Network (DUO) Gross Margin (2018 - 2022) Analysis & Trends
Fangdd Network (DUO) has reported Gross Margin for 5 consecutive years, with 16.72% the latest figure, recorded in Q4 2022.
- In Q4 2022, Gross Margin rose 1089.0% year-over-year to 16.72%; the TTM figure through Dec 2022 stood at 13.24% (up 230.0% YoY), while the FY2025 annual figure was 17.92%, down 29.0% from the prior year.
- Gross Margin rose to 16.72% in Q4 2022 per DUO's latest filing, from 5.83% in the prior quarter.
- Across five years, Gross Margin topped out at 23.48% in Q3 2020 and bottomed at 5.83% in Q4 2021.
- Historically, Gross Margin has averaged 17.04% across 5 years, with a median of 18.15% in 2020.
- Annual changes were most pronounced in 2020 — Gross Margin slumped 1215 bps — and 2022, when it jumped 1089 bps.
- Fangdd Network's Gross Margin stood at 20.98% in 2018, then declined by 2 bps to 20.48% in 2019, then slumped by 59 bps to 8.33% in 2020, then decreased by 30 bps to 5.83% in 2021, then jumped by 187 bps to 16.72% in 2022.
- Business Quant data shows DUO's Gross Margin at 16.72% in Q4 2022, 5.83% in Q4 2021, and 15.57% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 18.58% |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 24.14% |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 78.70% |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 90.04% |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 33.17% |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 40.39% |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 18.53% |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 9.74% |
| 10 | Fangdd Network | 4.58 Mn | -15.75 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 16.72% |
| Dec 31, 2021 | 5.83% |
| Jun 30, 2021 | 15.57% |
| Mar 31, 2021 | 11.45% |
| Dec 31, 2020 | 8.33% |
| Sep 30, 2020 | 23.48% |
| Jun 30, 2020 | 16.40% |
| Mar 31, 2020 | 18.15% |
| Dec 31, 2019 | 20.48% |
| Sep 30, 2019 | 20.98% |
| Jun 30, 2019 | 23.44% |
| Dec 31, 2018 | 20.98% |
| Sep 30, 2018 | 19.73% |