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Organization and principal activities (Tables) | 12 Months Ended
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Dec. 31, 2019
Organization and principal activities |
Schedule of consolidated assets and liabilities information and consolidated operating results and cash flows information of the Group's VIE and VIE's subsidiaries | The following consolidated assets and liabilities information of the Group’s VIE and VIE’s subsidiaries as of December 31, 2018 and 2019, and consolidated operating results and cash flows information for the years ended December 31, 2017, 2018 and 2019, have been included in the accompanying Consolidated Financial Statements:
|  | As of December 31,
|  | 2018 |  | 2019
|  | RMB |  | RMB
Cash and cash equivalents |  | 415,456 |  | 645,332
Restricted cash |  | 4,727 |  | 957
Short-term investments |  | 21,600 |  | 11,500
Accounts receivable, net |  | 1,352,596 |  | 2,189,980
Amount due from related parties* |  | 1,794 |  | 3,095
Prepayments and other current assets |  | 210,764 |  | 194,423
Total current assets |  | 2,006,937 |  | 3,045,287
Property, equipment and software, net |  | 15,450 |  | 8,298
Equity method investments |  | 341,825 |  | 574,930
Long-term equity investment |  | 56,000 |  | 40,000
Deferred tax assets |  | 8,467 |  | 7,289
Other non-current assets |  | 23,915 |  | 7,255
Total non-current assets |  | 445,657 |  | 637,772
Total assets |  | 2,452,594 |  | 3,683,059
Short-term bank borrowings |  | 395,000 |  | 490,000
Accounts payable |  | 1,107,836 |  | 1,897,219
Customers’ refundable fees |  | 41,697 |  | 44,916
Amounts due to related parties* |  | 285,621 |  | 278,487
Accrued expenses and other payables |  | 392,251 |  | 283,749
Income tax payables |  | 297 |  | 7
Total current liabilities |  | 2,222,702 |  | 2,994,378
Non-current liabilities |  |  |  |
Income tax payables |  | 11,916 |  | 11,061
Long-term loan from a related party** |  | 300,000 |  | 534,000
Total non-current liabilities |  | 311,916 |  | 545,061
Total liabilities |  | 2,534,618 |  | 3,539,439
* Amounts due from and to related parties represent the amounts due from and to Shanghai Fangdd Information Technology Co., Ltd., Shanghai Fangdd Software Technology Co., Ltd. and its subsidiaries, which are eliminated upon consolidation. ** Long-term loan from a related party represents entrusted loan with a 3‑year term at annual interest rate of 0.5%, which was borrowed by Shenzhen Fangdd during the year of 2018 and 2019 from Fangdd Information via Bank of China in Shenzhen, which are eliminated upon consolidation.
|  | For the Year Ended December 31,
|  | 2017 |  | 2018 |  | 2019
|  | RMB |  | RMB |  | RMB
Total revenue |  | 1,798,521 |  | 2,282,216 |  | 3,599,436
Net income (loss) |  | 6,237 |  | 107,511 |  | (520,230)
Net cash (used in) provided by operating activities |  | (663,005) |  | 116,937 |  | 103,298
Net cash provided by (used in) investing activities |  | 214,872 |  | (303,375) |  | (206,192)
Net cash provided by financing activities |  | 663,100 |  | 31,900 |  | 329,000
Net increase (decrease) in cash, cash equivalents and restricted cash |  | 214,967 |  | (154,538) |  | 226,106
Cash, cash equivalents and restricted cash at the beginning of the year |  | 359,754 |  | 574,721 |  | 420,183
Cash, cash equivalents and restricted cash at the end of the year |  | 574,721 |  | 420,183 |  | 646,289

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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=118582676&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=118582676&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=118582676&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118582676&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118582676&loc=d3e5728-111685 + Details
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