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
DateValue
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