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Futu Holdings Limited (FUTU) 10-Year Financial Performance & Capital Metrics

FUTU • • Banking & Credit
Financial ServicesCapital MarketsDigital Asset Trading & BrokerageMulti-Asset Trading Platforms
AboutFutu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Admiralty, Hong Kong.Show more
  • Net Interest Income $0
  • Total Revenue $13.59B +35.8%
  • Net Income $5.44B +27.1%
  • Return on Equity 20.71% +9.9%
  • Net Interest Margin 0%
  • Efficiency Ratio 33.28% -3.9%
  • ROA 4.25% -4.8%
  • Equity / Assets 17.64% -30.3%
  • Book Value per Share 199.95 +13.9%
  • Tangible BV/Share 199.33 +13.9%
  • Debt/Equity 0.31 +27.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 101.1%
  • ✓Efficient operations: 33.3% efficiency ratio
  • ✓Well capitalized: 17.6% equity/assets
  • ✓Good 3Y average ROE of 17.8%
  • ✓Diversified revenue: 100.0% from non-interest income
  • ✓Trading at only 0.9x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y66.52%
3Y24.07%
TTM-

Profit (Net Income) CAGR

10Y-
5Y101.06%
3Y24.65%
TTM87.49%

EPS CAGR

10Y-
5Y93.3%
3Y28.3%
TTM86.32%

ROCE

10Y Avg8.57%
5Y Avg22.9%
3Y Avg21.49%
Latest25.06%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
HOODRobinhood Markets, Inc.86.77B110.3570.7458.23%47.81%25.61%0.94
TIGRUP Fintech Holding Limited1.59B9.2525.6943.68%15.51%15.49%52.14%0.27
FUTUFutu Holdings Limited16.73B176.504.5435.79%40.05%23.78%100%0.31
ETOReToro Group Ltd.1.48B31.273.57225.73%1.52%14.96%18.03%0.06
TOPTOP Financial Group Limited27.34M1.01-6.31-58.58%-179.3%5.41%0.01

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+2.34M85.99M264.96M375.67M780.54M2.14B2.92B00
NII Growth %-35.81%2.08%0.42%1.08%1.74%0.36%-1%-
Net Interest Margin %---------
Interest Income5.79M105.87M360.58M464.9M965.63M2.52B3.21B00
Interest Expense3.46M19.88M95.62M89.24M185.09M376.9M292.5M00
Loan Loss Provision41.61M89.22M153.97M192.47M510.86M829.16M703.63M1.54B2.45B
Non-Interest Income+81.22M205.79M450.76M596.65M2.35B4.6B4.4B10.01B13.59B
Non-Interest Income %---------
Total Revenue+87.02M311.66M811.34M1.06B3.31B7.12B7.61B10.01B13.59B
Revenue Growth %-2.58%1.6%0.31%2.12%1.15%0.07%0.31%0.36%
Non-Interest Expense152.61M194.26M352.99M591.9M1.15B2.73B3.05B3.46B4.52B
Efficiency Ratio---------
Operating Income+-110.66M8.3M208.76M187.96M1.47B3.18B3.57B5.01B6.62B
Operating Margin %---------
Operating Income Growth %-1.07%24.16%-0.1%6.81%1.17%0.12%0.4%0.32%
Pretax Income+-111.75M3.38M200.8M177.95M1.45B3.19B3.34B5.03B6.43B
Pretax Margin %---------
Income Tax+-13.28M11.48M62.29M12.29M124.79M375.08M413.96M748.48M998.34M
Effective Tax Rate %---------
Net Income+-98.47M-8.1M138.51M165.66M1.33B2.81B2.93B4.28B5.44B
Net Margin %---------
Net Income Growth %-0.92%18.1%0.2%7%1.12%0.04%0.46%0.27%
Net Income (Continuing)-98.47M-8.1M138.51M165.66M1.33B2.81B2.93B4.28B5.43B
EPS (Diluted)+-0.89-0.072.171.4410.0818.4020.3230.5938.86
EPS Growth %-0.92%30.77%-0.34%6%0.83%0.1%0.51%0.27%
EPS (Basic)-1.01-0.082.171.4810.2318.7220.5530.5638.88
Diluted Shares Outstanding111.18M111.18M63.94M114.74M131.27M152.46M143.88M139.96M140.06M

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks179.02M375.26M215.62M362.57M1.03B4.56B5.03B4.94B11.69B
Short Term Investments1000K01000K1000K1000K1000K1000K1000K1000K
Total Investments+4.47M059.35M99.94M300M30.76B27.61B3.49B3.31B
Investments Growth %--1%-0.68%2%101.55%-0.1%-0.87%-0.05%
Long-Term Investments2.24M006.17M029.49B26.9B238.56M573.19M
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+---------
Goodwill000000000
Intangible Assets1.5M1.28M1.41M7.69M10.22M17.22M54.45M72.07M85.64M
PP&E (Net)8.22M13.39M22.86M279.25M317.18M419.62M342.7M349.06M440.8M
Other Assets10.38M72.92M42.31M50.79M150.73M25.64B24.77B951.83M1.66B
Total Current Assets4.48B10.82B16B21.05B70.84B45.93B42.35B95.43B155.89B
Total Non-Current Assets42.19M103.37M66.58M345.47M495.3M55.6B52.16B1.71B2.87B
Total Assets+4.52B10.92B16.06B21.4B71.34B101.54B94.5B97.14B158.76B
Asset Growth %-1.42%0.47%0.33%2.33%0.42%-0.07%0.03%0.63%
Return on Assets (ROA)-0.02%-0%0.01%0.01%0.03%0.03%0.03%0.04%0.04%
Accounts Payable4.15B8.36B13.23B16.95B51.05B67.19B69.18B64.65B117.17B
Total Debt+193.21M1.94B1.58B1.64B16.61B21.91B2.69B5.89B8.55B
Net Debt14.19M1.57B1.36B1.28B15.58B17.36B-2.34B952.04M-3.13B
Long-Term Debt32.03M400M400M1.59M5.45B6.36B000
Short-Term Debt161.18M1.54B1.18B1.47B10.94B15.29B2.48B5.65B8.28B
Other Liabilities326.62M779.07M1.25B1.1M-5.45B-9.28B756.95M5.86M3.18M
Total Current Liabilities4.35B9.97B14.56B18.66B62.86B83.31B72.77B72.43B130.61B
Total Non-Current Liabilities361.2M1.18B1.65B189.97M169.91M-2.75B870.68M135.52M140.99M
Total Liabilities4.71B11.16B16.21B18.85B63.03B80.55B73.64B72.56B130.75B
Total Equity+-190.22M-232.9M1.1B2.55B8.31B20.99B20.86B24.57B28B
Equity Growth %--0.22%5.72%1.32%2.26%1.53%-0.01%0.18%0.14%
Equity / Assets (Capital Ratio)---------
Return on Equity (ROE)--0.32%0.09%0.24%0.19%0.14%0.19%0.21%
Book Value per Share-1.71-2.0917.2122.2163.29137.65145.00175.57199.95
Tangible BV per Share---------
Common Stock31K31K61K78K85K96K97K98K99K
Additional Paid-in Capital2.5M002.54B6.96B17.94B18.15B18.46B18.81B
Retained Earnings-187.33M-230.88M-148.93M16.74M1.34B4.15B7.08B11.36B14.65B
Accumulated OCI-5.42M-2.05M-1.3M-4.45M4.97M75.99M-47.85M-49.43M-249.92M
Treasury Stock-2.5M0000-1.18B-4.32B-5.2B-5.2B
Preferred Stock329.18M1.18B1.25B000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+1.4B1.86B4.47B1.97B20.46B6.01B3.47B-6.34B31B
Operating CF Growth %-0.33%1.41%-0.56%9.39%-0.71%-0.42%-2.82%5.89%
Net Income-98.47M-8.1M138.51M165.66M1.33B2.81B2.93B4.28B5.43B
Depreciation & Amortization3.58M4.3M8.33M66.1M79.78M120.13M149.65M171.21M175.5M
Deferred Taxes-77K-21.63M-7.46M-1.58M-13.15M-21.43M-52.11M-14.77M0
Other Non-Cash Items-39K-12K-83K7.38M26.1M-135.06M218.93M-161.73M306.64M
Working Capital Changes1.48B1.87B4.3B1.72B19.01B3.14B27.05M-10.9B24.76B
Cash from Investing+-6.23M-5.14M-78.05M-160.06M-244.18M-963.57M93.86M-2.44B103.93M
Purchase of Investments-2.24M0-123.26M-292.49M-206.79M-1.19B-4.3B-4.8B-1.24B
Sale/Maturity of Investments01000K1000K1000K1000K1000K1000K1000K1000K
Net Investment Activity---------
Acquisitions000-6.71M0-300M-109.53M-17.54M-1.66M
Other Investing44K32K87K6.72M-300M300M000
Cash from Financing+147.59M2.16B35.69M1.15B8.41B10.55B-7.01B2.31B70.85M
Dividends Paid000000000
Share Repurchases00000-1.18B-3.15B-874.69M0
Stock Issued0001.26B2.34B10.86B000
Net Stock Activity---------
Debt Issuance (Net)1000K01000K01000K1000K-1000K1000K1000K
Other Financing02.16B0-107.69M2.05B6.63M16.33M11.62M20.16M
Net Change in Cash+1.54B4.03B4.44B2.92B28.62B15.77B-3.58B-6.41B31.02B
Exchange Rate Effect77K1000K1000K-1000K-1000K1000K-1000K1000K-1000K
Cash at Beginning1.99B3.52B7.55B11.99B14.9B43.52B59.29B55.72B49.31B
Cash at End3.52B7.55B11.99B14.9B43.52B59.29B55.72B49.31B80.33B
Interest Paid1.41M20.29M95.28M89.24M181.71M367.04M298M876.51M1.57B
Income Taxes Paid358K8.69M18.73M15.12M16.25M102.89M694.97M698.82M761.91M
Free Cash Flow+1.39B1.85B4.45B1.85B20.41B5.94B3.38B-6.42B30.83B
FCF Growth %-0.33%1.41%-0.58%10.03%-0.71%-0.43%-2.9%5.81%

Banking Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)--31.94%9.08%24.42%19.19%13.99%18.85%20.71%
Return on Assets (ROA)-2.18%-0.1%1.03%0.88%2.86%3.25%2.99%4.47%4.25%
Net Interest Margin0.05%0.79%1.65%1.76%1.09%2.11%3.09%0%0%
Efficiency Ratio175.38%62.33%43.51%55.76%34.64%38.32%40.04%34.62%33.28%
Equity / Assets-4.21%-2.13%6.85%11.91%11.65%20.67%22.08%25.3%17.64%
Book Value / Share-1.71-2.0917.2122.2163.29137.65145175.57199.95
NII Growth-3581.21%208.12%41.78%107.77%174.34%36.45%-100%-

Revenue by Segment

201920202021202220232024
Brokerage Commission Income352.63M1.53B-3.24B3.2B4.81B
Brokerage Commission Income Growth-334.19%---1.41%50.31%
Handling Charge Income---763.39M746.34M1.24B
Handling Charge Income Growth-----2.23%65.76%
Brokerage commission income--3.15B---
Brokerage commission income Growth------
Handling charge income--765.42M---
Handling charge income Growth------
Handling And Settlement Fee Income158.74M459.09M----
Handling And Settlement Fee Income Growth-189.21%----
Brokerage Commission And Handling Charges100.55M361.49M----
Brokerage Commission And Handling Charges Growth-259.51%----

Revenue by Geography

201920202021202220232024
HONG KONG-----4.72B
HONG KONG Growth------
Countries Other Than Hong Kong-----1.32B
Countries Other Than Hong Kong Growth------

Frequently Asked Questions

Valuation & Price

Futu Holdings Limited (FUTU) has a price-to-earnings (P/E) ratio of 4.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Futu Holdings Limited (FUTU) grew revenue by 35.8% over the past year. This is strong growth.

Yes, Futu Holdings Limited (FUTU) is profitable, generating $7.91B in net income for fiscal year 2024 (40.1% net margin).

Dividend & Returns

Futu Holdings Limited (FUTU) has a return on equity (ROE) of 20.7%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Futu Holdings Limited (FUTU) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

Futu Holdings Limited (FUTU) has an efficiency ratio of 33.3%. This is excellent, indicating strong cost control.

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