Fangdd Property Plant And Equipment Net vs Other Current Assets Analysis

DUO Stock  USD 0.54  0.01  1.89%   
Fangdd Network financial indicator trend analysis is much more than just examining Fangdd Network Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fangdd Network Group is a good investment. Please check the relationship between Fangdd Network Property Plant And Equipment Net and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fangdd Network Group Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fangdd Network's Property Plant And Equipment Net and Other Current Assets is -0.26. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Fangdd Network Group, assuming nothing else is changed. The correlation between historical values of Fangdd Network's Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fangdd Network Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Fangdd Network's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Fangdd Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fangdd Network Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Fangdd Network's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 87.7 M, though Tax Provision is likely to grow to (1.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit106.5M24.7M41.2M39.1M
Total Revenue942.4M245.9M285.0M270.7M

Fangdd Network fundamental ratios Correlations

0.370.550.970.32-0.150.33-0.07-0.090.010.270.790.470.810.04-0.340.30.86-0.28-0.2-0.04-0.040.70.070.630.73
0.370.060.21-0.6-0.91-0.590.870.88-0.730.96-0.250.9-0.180.42-0.90.92-0.15-0.380.780.78-0.870.14-0.810.81-0.33
0.550.060.670.020.030.02-0.36-0.290.610.070.44-0.170.35-0.04-0.16-0.280.51-0.03-0.50.07-0.050.53-0.010.440.39
0.970.210.670.380.010.4-0.24-0.270.210.120.860.280.83-0.12-0.210.110.91-0.17-0.39-0.140.070.710.180.550.79
0.32-0.60.020.380.711.0-0.73-0.740.4-0.760.74-0.290.68-0.320.68-0.440.680.17-0.73-0.950.910.380.93-0.490.74
-0.15-0.910.030.010.710.71-0.86-0.90.72-0.920.45-0.790.35-0.460.9-0.840.350.42-0.83-0.820.88-0.090.91-0.670.47
0.33-0.590.020.41.00.71-0.73-0.740.39-0.750.75-0.280.68-0.330.67-0.430.680.17-0.73-0.940.910.390.93-0.490.75
-0.070.87-0.36-0.24-0.73-0.86-0.730.96-0.890.87-0.590.8-0.510.3-0.750.9-0.53-0.30.970.79-0.86-0.26-0.830.54-0.65
-0.090.88-0.29-0.27-0.74-0.9-0.740.96-0.850.88-0.650.77-0.560.46-0.80.87-0.57-0.360.960.8-0.86-0.14-0.860.5-0.68
0.01-0.730.610.210.40.720.39-0.89-0.85-0.670.41-0.860.31-0.250.61-0.920.390.31-0.91-0.480.580.120.55-0.310.44
0.270.960.070.12-0.76-0.92-0.750.870.88-0.67-0.340.8-0.240.45-0.940.85-0.23-0.390.810.9-0.960.04-0.910.84-0.38
0.79-0.250.440.860.740.450.75-0.59-0.650.41-0.34-0.050.97-0.320.24-0.230.980.0-0.67-0.560.520.60.610.110.97
0.470.9-0.170.28-0.29-0.79-0.280.80.77-0.860.8-0.050.030.26-0.780.980.01-0.420.740.5-0.630.25-0.550.64-0.12
0.81-0.180.350.830.680.350.68-0.51-0.560.31-0.240.970.03-0.130.14-0.130.96-0.03-0.56-0.470.440.610.520.180.99
0.040.42-0.04-0.12-0.32-0.46-0.330.30.46-0.250.45-0.320.26-0.13-0.420.31-0.180.020.390.44-0.40.07-0.450.33-0.2
-0.34-0.9-0.16-0.210.680.90.67-0.75-0.80.61-0.940.24-0.780.14-0.42-0.80.160.33-0.71-0.840.88-0.320.83-0.760.25
0.30.92-0.280.11-0.44-0.84-0.430.90.87-0.920.85-0.230.98-0.130.31-0.8-0.17-0.410.850.6-0.720.11-0.660.61-0.29
0.86-0.150.510.910.680.350.68-0.53-0.570.39-0.230.980.010.96-0.180.16-0.17-0.08-0.62-0.470.430.610.510.250.95
-0.28-0.38-0.03-0.170.170.420.17-0.3-0.360.31-0.390.0-0.42-0.030.020.33-0.41-0.08-0.28-0.180.28-0.080.34-0.370.04
-0.20.78-0.5-0.39-0.73-0.83-0.730.970.96-0.910.81-0.670.74-0.560.39-0.710.85-0.62-0.280.76-0.82-0.31-0.810.41-0.68
-0.040.780.07-0.14-0.95-0.82-0.940.790.8-0.480.9-0.560.5-0.470.44-0.840.6-0.47-0.180.76-0.98-0.19-0.970.71-0.57
-0.04-0.87-0.050.070.910.880.91-0.86-0.860.58-0.960.52-0.630.44-0.40.88-0.720.430.28-0.82-0.980.140.97-0.750.56
0.70.140.530.710.38-0.090.39-0.26-0.140.120.040.60.250.610.07-0.320.110.61-0.08-0.31-0.190.140.20.190.62
0.07-0.81-0.010.180.930.910.93-0.83-0.860.55-0.910.61-0.550.52-0.450.83-0.660.510.34-0.81-0.970.970.2-0.680.63
0.630.810.440.55-0.49-0.67-0.490.540.5-0.310.840.110.640.180.33-0.760.610.25-0.370.410.71-0.750.19-0.680.05
0.73-0.330.390.790.740.470.75-0.65-0.680.44-0.380.97-0.120.99-0.20.25-0.290.950.04-0.68-0.570.560.620.630.05
Click cells to compare fundamentals

Fangdd Network Account Relationship Matchups

Fangdd Network fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.0B1.9B1.1B769.9M731.4M
Short Long Term Debt Total490M443.4M134.8M74.5M140K133K
Other Current Liab338.6M249.4M170.2M168.6M84.8M80.6M
Total Current Liabilities2.8B2.6B1.6B949.7M549.7M522.2M
Total Stockholder Equity1.6B1.5B313.3M100.1M195.8M205.6M
Other Liab11.9M24.0M28.6M30.8M35.4M17.9M
Net Tangible Assets1.6B1.4B313.3M99.7M114.6M120.3M
Property Plant And Equipment Net8.3M14.5M14.6M5.2M2.0M1.9M
Current Deferred Revenue44.9M36.1M31.0M30.7M40.1M36.0M
Net Debt(613.7M)(400.0M)(357.3M)(69.4M)(121.6M)(127.7M)
Retained Earnings(2.9B)(3.1B)(4.3B)(4.6B)(4.6B)(4.9B)
Accounts Payable1.9B1.8B1.2B659.2M395.4M375.7M
Cash1.1B843.4M492.1M143.9M121.7M115.6M
Non Current Assets Total642.1M572.7M285.7M217.8M156.8M149.0M
Non Currrent Assets Other7.3M7.5M(285.7M)6M6.1M6.4M
Other Assets11.4M12.1M11.4M4.0B4.7B4.9B
Cash And Short Term Investments1.1B852.4M498.3M145.9M137.0M130.2M
Net Receivables2.2B2.3B981.4M471.0M314.6M298.9M
Common Stock Shares Outstanding2.9M5.3M5.4M107.5M3.7M3.5M
Short Term Investments11.5M9M6.2M2M15.3M14.5M
Liabilities And Stockholders Equity4.4B4.0B1.9B1.1B769.9M731.4M
Non Current Liabilities Total11.9M24.0M28.6M690.0M28.7M27.2M
Inventory(2.9B)(92.1M)1.011.2M12.5M13.1M
Other Current Assets3.3B278.5M147.7M303.5M45.3M43.1M
Other Stockholder Equity4.9B5.0B5.0B5.1B5.2B3.5B
Total Liab2.8B4.0B1.6B1.1B578.4M549.5M
Long Term Investments619.3M508.6M271.1M212.1M148.7M141.3M
Property Plant And Equipment Gross8.3M85.3M90.5M71.0M54.8M54.5M
Short Long Term Debt490M443.4M134.8M72.5M65.3M62.0M
Total Current Assets3.7B3.5B1.6B858.9M613.1M582.4M
Accumulated Other Comprehensive Income(368.9M)(397.0M)(404.9M)(393.8M)(398.2M)(418.1M)
Short Term Debt490M443.4M134.8M73.7M111K105.5K
Property Plant Equipment8.3M14.5M14.6M5.2M4.7M4.5M
Net Invested Capital2.1B1.9B448.0M100.1M195.8M359.2M
Net Working Capital958.9M917.2M46.6M(90.8M)63.4M60.2M

Pair Trading with Fangdd Network

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fangdd Network position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fangdd Network will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fangdd Stock

  0.74TV Grupo Televisa SABPairCorr

Moving against Fangdd Stock

  0.4MDIA Mediaco HoldingPairCorr
  0.39MGNI MagnitePairCorr
The ability to find closely correlated positions to Fangdd Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fangdd Network when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fangdd Network - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fangdd Network Group to buy it.
The correlation of Fangdd Network is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fangdd Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fangdd Network Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fangdd Network can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Fangdd Network Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fangdd Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fangdd Network Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fangdd Network Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fangdd Network. If investors know Fangdd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fangdd Network listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.23
Earnings Share
(3.10)
Revenue Per Share
45.159
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.20)
The market value of Fangdd Network Group is measured differently than its book value, which is the value of Fangdd that is recorded on the company's balance sheet. Investors also form their own opinion of Fangdd Network's value that differs from its market value or its book value, called intrinsic value, which is Fangdd Network's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fangdd Network's market value can be influenced by many factors that don't directly affect Fangdd Network's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fangdd Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fangdd Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fangdd Network's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.