July 23, 2017 3:56 PM ET

Internet Software and Services

Company Overview of Fang Holdings Limited

Company Overview

Fang Holdings Limited operates a real estate Internet portal through which it provides e-commerce, marketing, listing, financial, and value-added services. It supports active online communities and networks of users seeking information on, and other value-added services for, the real estate and home furnishing and improvement sectors. The company was formerly known as SouFun Holdings Limited and changed its name to Fang Holdings Limited in September 2016. Fang Holdings Limited was founded in 1999 and is based in Beijing, China.

Block A

No. 20 Guogongzhuang Middle Street

Fengtai District

Beijing,  100070

China

Founded in 1999

18,106 Employees

Phone:

86 10 5631 8000

Key Executives for Fang Holdings Limited

Fang Holdings Limited does not have any Key Executives recorded.

Fang Holdings Limited Key Developments

Fang Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Fang Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total revenues of $109,803,000 compared to $204,623,000 a year ago. Operating loss was $6,120,000 compared to $109,994,000 a year ago. Loss before income taxes and noncontrolling interests was $7,208,000 compared to $108,526,000 a year ago. Net loss attributable to company shareholders was $12,017,000 or $0.14 per basic and diluted share compared to $113,698,000 or $1.20 per basic and diluted share a year ago. Non-GAAP income from operations was $4,581,000 compared to $107,919,000 a year ago. Non-GAAP net income attributable to company shareholders was $10,478,000 or $0.12 per basic and diluted share compared to $111,623,000 or $1.17 per basic and diluted share a year ago. Adjusted EBITDA was $1,005,000 compared to adjusted loss of $100,309,000 a year ago. Net cash used in operating activities was $11.0 million in the first quarter of 2017, compared to cash flow used in operating activities of $67.2 million in the same period of 2016. The decrease in cash flows used operating activities was primarily due to a $101.7 million decrease of net loss as compared to the first quarter of 2016.

Fang Holdings Limited to Report Q1, 2017 Results on Jun 20, 2017

Fang Holdings Limited announced that they will report Q1, 2017 results at 9:00 AM, China Standard Time on Jun 20, 2017

Fang Holdings Limited, Q1 2017 Earnings Call, Jun 20, 2017

Fang Holdings Limited, Q1 2017 Earnings Call, Jun 20, 2017

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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