Fangdd Network (DUO) Payables (2018 - 2025)
Fangdd Network (DUO) reported Payables of $14.1 million for Q4 2025, down 44.13% year-over-year from $25.2 million in Q4 2024, and down 44.13% quarter-over-quarter from $25.2 million in Q4 2024.
Fangdd Network (DUO) Payables (2018 - 2025) Analysis & Trends
Fangdd Network (DUO) has 8 years of Payables data on file, last reported at $14.1 million in Q4 2025.
- Payables for Q4 2025 came in at $14.1 million, down 44.13% year-over-year; the trailing twelve-month figure through Dec 2025 was $14.1 million (down 44.13% YoY), and the FY2025 annual result was $13.9 million, down 3.17% from the prior year.
- Payables retreated to $14.1 million in Q4 2025 per DUO's latest filing, from $25.2 million in the prior quarter.
- Over five years, Payables peaked at $205.0 million in Q4 2021 and troughed at $10.4 million in Q2 2023.
- A 5-year average of $55.4 million and a median of $39.5 million in 2021 frame the typical range for Payables.
- The sharpest annual moves came in 2021 and 2022: Payables retreated 11.94% in 2021, then plunged 71.86% in 2022.
- A 5-year view of Payables shows it stood at $205.0 million in 2021, then sank by 49.82% to $102.9 million in 2022, then slumped by 53.86% to $47.5 million in 2023, then plunged by 46.99% to $25.2 million in 2024, then tumbled by 44.13% to $14.1 million in 2025.
- Business Quant data shows DUO's Payables at $14.1 million in Q4 2025, $25.2 million in Q4 2024, and $47.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | - |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 4.73 Bn |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 39.00 Mn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 1.84 Bn |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | 20.12 Mn |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 96.00 Mn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 53.00 Mn |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 1.16 Bn |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 2.26 Mn |
| 10 | Fangdd Network | 921,832.75 | -19.34 Mn | - | 14.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.06 Mn |
| Dec 31, 2024 | 25.16 Mn |
| Dec 31, 2023 | 47.47 Mn |
| Jun 30, 2023 | 10.35 Mn |
| Dec 31, 2022 | 102.88 Mn |
| Jun 30, 2022 | 12.66 Mn |
| Dec 31, 2021 | 205.01 Mn |
| Sep 30, 2021 | 34.04 Mn |
| Jun 30, 2021 | 44.98 Mn |
| Mar 31, 2021 | 57.77 Mn |
| Dec 31, 2020 | 337.96 Mn |
| Sep 30, 2020 | 64.72 Mn |
| Jun 30, 2020 | 51.08 Mn |
| Dec 31, 2019 | 338.76 Mn |
| Sep 30, 2019 | 55.07 Mn |
| Dec 31, 2018 | 220.31 Mn |