Fangdd Network Ltd Ret. on assets
What is the Ret. on assets of Fangdd Network Ltd?
The Ret. on assets of Fangdd Network Group Ltd is -23.28%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Real Estate sector on NASDAQ compared to Fangdd Network Ltd
What does Fangdd Network Ltd do?
fangdd.com is the first residential online real estate company in china to have a convergence service platform. the company uses an o2o business model in the internet real estate market. fangdd.com is committed to offering real estate developers, agents, home buyers and sellers a reliable real estate platform providing accurate information about properties, services and transactions. currently, fangdd.com collaborates with over 5,000 brokerage firms. combined, these firms make up more than 50,000 branches which contract around 500,000 agents. in addition, fangdd.com works with numerous first-tier real estate companies including vanke, greenland, poly, china overseas land & investment and longfor. in 2013, fangdd.com’s e-commerce platform was valued at $6.5 billion. in the first half of 2014, the transaction value exceeded $8.16 billion. the value for the entire year is expected to be more than $32.7 billion. fangdd.com launched its o2o super platform in august 2014. the goal of this
Companies with ret. on assets similar to Fangdd Network Ltd
- Nephros has Ret. on assets of -23.35%
- Nephros has Ret. on assets of -23.35%
- Anacortes Mining has Ret. on assets of -23.32%
- PKS Capital has Ret. on assets of -23.31%
- Bicycle Therapeutics plc has Ret. on assets of -23.30%
- Nano One Materials has Ret. on assets of -23.29%
- Fangdd Network Ltd has Ret. on assets of -23.28%
- Pandion Therapeutics has Ret. on assets of -23.28%
- NXT Solutions has Ret. on assets of -23.27%
- Consolidated Tin Mines has Ret. on assets of -23.26%
- Stable Road Acquisition has Ret. on assets of -23.26%
- Purplebricks Plc has Ret. on assets of -23.23%
- Ausmon Resources has Ret. on assets of -23.23%