Fang Holdings Limited Overview
Pro stress-test →Fang Holdings Ltd is a real estate Internet portal in China, operating websites and mobile apps that support active communities in the real estate and home-related sectors. It provides marketing, listing, leads generation, financial, and other services, including entrusted loans and mortgage loans subject to credit assessment. Revenue is generated mainly from new home sales through its e-commerce platform, along with income from marketing, listing, and financial services, and the company also grants licenses to local agencies to use its brand and backend systems.
Strategic Profile
Pro stress-test →Fang currently maintains approximately 62 offices to focus on local market needs and its website and database contains real estate related content covering 658 cities in China. The company trades OTC after previously being on the NYSE and is navigating a challenging financial period, with operating income reaching -$34.4M (-112.2% operating margin) and net income at -$28.8M based on trailing twelve-month financials.
Competitive Landscape
Pro stress-test →One of Fang Holdings's identified competitors is Fangduoduo, a formerly VC-backed company based in Shenzhen, China. Fang competes in the fragmented Chinese real estate portal and digital services market alongside other online property platforms. The competitive environment is pressured by weak real estate market conditions and consolidation of digital players in China.
Industry Context
Fang Holdings Limited operates in Real estate digital platforms and online property portals.
Key facts
Founded: 1999 · Headquarters: Beijing, China · Revenue: $30.7M · Market cap: $18.7M