Cash flow Futu Holdings Limited

Equities

FUTU

US36118L1061

Financial Technology (Fintech)

Market Closed - Nasdaq Other stock markets 04:00:00 2025-07-09 pm EDT			5-day change	1st Jan Change
142.40 ^USD	+9.09%		+17.07%	+78.02%

Jul. 02	Market rally and IPO boom in key markets fueling Futu Holdings’ growth
Jun. 11	Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading	MT

1c2.AlWr6cwlLi-fXnknbQiHOYz1Iofk8lwh3vM_8ZJ7tjI.ag2fo4tLH3b4OUtpNz3rdsWUG-6gxgV1u5JqwP4tmwJVIMKZok4dY-s0PA

Published financial data: FUTU HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest and Dividend Income, Total	966M	2.52B	3.21B	5.54B	6.67B
Interest Expense, Total	185M	377M	293M	911M	1.62B
Net Interest Income	781M	2.14B	2.92B	4.63B	5.05B
Brokerage Commission	1.99B	3.91B	4.01B	3.94B	6.04B
Other Revenues, Total	355M	684M	392M	527M	879M
Revenues Before Provison For Loan Losses	3.13B	6.74B	7.32B	9.1B	11.97B
Total Revenues	3.13B	6.74B	7.32B	9.1B	11.97B
Salaries And Other Employee Benefits	32.57M	98.91M	205M	291M	335M
Cost of Services Provided, Total	1.63B	3.46B	3.55B	3.8B	5.02B
Total Operating Expenses	1.66B	3.56B	3.75B	4.09B	5.35B
Operating Income	1.47B	3.18B	3.57B	5.01B	6.62B
Income (Loss) on Equity Invest.	-307K	-	-17.75M	-13.5M	-104M
Other Non Operating Income (Expenses)	-11.35M	2.48M	-133M	33.44M	-86.37M
EBT, Excl. Unusual Items	1.46B	3.19B	3.42B	5.03B	6.43B
Gain (Loss) on Sale of Investments	-5.89M	-	-	-	-
Asset Writedown	-	-	-77.22M	-	-
EBT, Incl. Unusual Items	1.45B	3.19B	3.34B	5.03B	6.43B
Income Tax Expense	125M	375M	414M	748M	998M
Earnings From Continuing Operations	1.33B	2.81B	2.93B	4.28B	5.43B
Net Income to Company	1.33B	2.81B	2.93B	4.28B	5.43B
Minority Interest	-	-	51K	2.52M	10.04M
Net Income - (IS)	1.33B	2.81B	2.93B	4.28B	5.44B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	1.33B	2.81B	2.93B	4.28B	5.44B
Net Income to Common Excl. Extra Items	1.33B	2.81B	2.93B	4.28B	5.44B
Per Share Items
Net EPS - Basic	10.23	18.72	20.55	31	39.44
Basic EPS - Continuing Operations	10.23	18.72	20.55	31	39.44
Basic Weighted Average Shares Outstanding	130M	150M	142M	138M	138M
Net EPS - Diluted	10.08	18.4	20.32	30.56	38.88
Diluted EPS - Continuing Operations	10.08	18.4	20.32	30.56	38.88
Diluted Weighted Average Shares Outstanding	131M	152M	144M	140M	140M
Normalized Basic EPS	7.02	13.26	15	22.77	29.2
Normalized Diluted EPS	6.93	13.06	14.85	22.47	28.77
American Depositary Receipts Ratio (ADR)	8	8	8	8	8
Supplemental Items
Total Revenues (As Reported)	3.31B	7.12B	7.61B	10.01B	13.59B
Effective Tax Rate - (Ratio)	8.6	11.78	12.39	14.89	15.52
Total Current Taxes	138M	397M	466M	763M	1.02B
Total Deferred Taxes	-13.15M	-21.43M	-52.11M	-14.77M	-17.98M
Normalized Net Income	910M	1.99B	2.14B	3.14B	4.03B
Supplemental Operating Expense Items
Stock-Based Comp., S&M Exp. (Total)	1.64M	9.14M	15.2M	20.24M	22.13M
Stock-Based Comp., G&A Exp. (Total)	30.93M	89.78M	189M	271M	313M
Total Stock-Based Compensation	32.57M	98.91M	205M	291M	335M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.03B	4.56B	5.03B	4.94B	11.69B
Cash & Securities Segregated	42.49B	54.73B	50.69B	44.37B	68.64B
Securities Purchased Under Agreements To Resell	-	106M	32M	133M	316M
Accounts Receivable, Total	8.06B	10.4B	9.57B	9.88B	22.25B
Other Receivables	18.85B	29.17B	26.93B	32.8B	50.29B
Gross Property Plant And Equipment	374M	512M	477M	525M	652M
Accumulated Depreciation	-57.32M	-92.44M	-134M	-176M	-211M
Net Property Plant And Equipment	317M	420M	343M	349M	441M
Other Intangibles, Total	10.22M	17.22M	54.45M	72.07M	85.64M
Investment In Debt and Equity Securities	-	1.19B	690M	2.3B	1.69B
Trading Asset Securities, Total	-	-	270K	831M	739M
Restricted Cash	-	2.06M	1.22M	1.23M	1.12M
Other Current Assets, Total	348M	568M	137M	196M	290M
Deferred Tax Assets Long-Term (Collected)	17.17M	38.32M	84.56M	96.82M	112M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	221M	345M	941M	1.17B	2.22B
Total Assets	71.34B	102B	94.5B	97.14B	159B
Liabilities
Accounts Payable, Total	51.01B	67.99B	69.39B	64.6B	117B
Accrued Expenses, Total	407M	754M	1.03B	1.4B	1.77B
Short-Term Borrowings	10.94B	10.83B	2.48B	5.65B	8.28B
Current Portion of Leases	74.74M	96.86M	109M	115M	144M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	147M	164M	102M	123M	133M
Current Income Taxes Payable	174M	495M	268M	328M	2.8B
Unearned Revenue, Current	-	3.06M	1.22M	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	86.86M	213M	250M	337M	786M
Unearned Revenue Non Current	8.25M	5.91M	4.59M	-	-
Deferred Tax Liability Non-Current	1.6M	636K	7.41M	6.33M	4.88M
Other Non Current Liabilities	185M	4.39M	1.62M	5.86M	3.18M
Total Liabilities	63.03B	80.55B	73.64B	72.56B	131B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	85K	96K	97K	98K	99K
Additional Paid In Capital	6.96B	17.94B	18.15B	18.46B	18.81B
Retained Earnings	1.34B	4.15B	7.08B	11.36B	14.65B
Treasury Stock	-	-1.18B	-4.32B	-5.2B	-5.2B
Comprehensive Income and Other	4.97M	75.99M	-47.85M	-49.43M	-250M
Total Common Equity	8.31B	20.99B	20.86B	24.57B	28.01B
Minority Interest	-	-	235K	3M	-6.78M
Total Equity	8.31B	20.99B	20.86B	24.57B	28B
Total Liabilities And Equity	71.34B	102B	94.5B	97.14B	159B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	136M	147M	140M	138M	139M
ECS Total Common Shares Outstanding	136M	150M	140M	138M	139M
Book Value / Share	61.27	139.55	149.38	178.3	201.32
Tangible Book Value	8.3B	20.97B	20.81B	24.5B	27.93B
Tangible Book Value Per Share	61.2	139.44	148.99	177.78	200.7
Total Debt	11.16B	11.09B	2.69B	5.89B	8.55B
Net Debt	-32.36B	-48.31B	-53.05B	-44.38B	-72.83B
Equity Method Investments, Total	-	7.8M	224M	223M	558M
Full Time Employees	1.32K	2.32K	2.78K	3.21K	3.34K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.33B	2.81B	2.93B	4.28B	5.44B
Depreciation, Depletion & Amortization	78.34M	118M	143M	154M	155M
Amortization of Goodwill and Intangible Assets - (CF)	1.44M	2.32M	6.7M	17.15M	20.55M
Total Depreciation, Depletion & Amortization	79.78M	120M	150M	171M	176M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	31.09M
(Gain) Loss on Sale of Investments - (CF)	5.22M	-26K	-23.06M	-127M	-18.42M
Total Asset Writedown	-	-	75.49M	-	-
Provision for Credit Losses	9.08M	3.2M	-	-	-
(Income) Loss On Equity Investments - (CF)	307K	-	17.75M	13.5M	104M
Stock-Based Compensation (CF)	32.57M	98.91M	205M	291M	335M
Provision and Write-off of Bad Debts	-	-	15.62M	18.08M	39.61M
Change in Accounts Receivable	-5.98B	-2.57B	835M	-232M	-11.31B
Change in Accounts Payable	34B	16.2B	1.96B	-4.64B	52.15B
Change in Other Net Operating Assets (Collected)	-9.01B	-10.5B	-2.76B	-6.03B	-16.07B
Other Operating Activities	-1.65M	-160M	80.96M	-83.33M	122M
Cash from Operations	20.46B	6.01B	3.47B	-6.34B	31B
Capital Expenditure	-44.65M	-70.46M	-90.52M	-77.76M	-168M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-110M	-17.54M	-1.66M
Investment in Marketable and Equity Securities, Total	-200M	-893M	294M	-2.35B	273M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-244M	-964M	93.86M	-2.44B	104M
Short Term Debt Issued, Total	24.11B	53.48B	70.81B	79.58B	85.51B
Total Debt Issued	24.11B	53.48B	70.81B	79.58B	85.51B
Short Term Debt Repaid, Total	-20.09B	-52.61B	-74.69B	-76.41B	-85.46B
Total Debt Repaid	-20.09B	-52.61B	-74.69B	-76.41B	-85.46B
Issuance of Common Stock	2.36B	10.88B	16.33M	11.62M	20.16M
Repurchase of Common Stock	-	-1.18B	-3.15B	-875M	-
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	2.04B	-16.86M	-	-	-
Cash from Financing	8.41B	10.55B	-7.01B	2.31B	70.85M
Foreign Exchange Rate Adjustments	-1.12M	167M	-135M	66.35M	-150M
Net Change in Cash	28.62B	15.77B	-3.58B	-6.41B	31.02B
Supplemental Items
Cash Interest Paid	182M	367M	298M	877M	1.57B
Cash Income Tax Paid (Refund)	16.25M	103M	695M	699M	762M
Net Debt Issued / Repaid	4.02B	870M	-3.88B	3.17B	50.69M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.86	3.25	2.99	4.47	4.25
Return On Equity %	24.42	19.19	13.99	18.84	20.67
Return on Common Equity	24.42	19.19	13.99	18.85	20.7
Margin Analysis
Gross Profit Margin %	83.66	87.7	90.39	93.12	93.08
SG&A Margin	36.7	40.46	41.64	38.08	37.78
Income From Continuing Operations Margin %	42.41	41.7	39.98	47.03	45.38
Net Income Margin %	42.41	41.7	39.98	47.06	45.46
Net Avail. For Common Margin %	42.41	41.7	39.98	47.06	45.46
Normalized Net Income Margin	29.12	29.54	29.18	34.57	33.66
Asset Turnover
Asset Turnover	0.07	0.08	0.07	0.09	0.09
Short Term Liquidity
Current Ratio	1.13	1.24	1.26	1.29	1.18
Quick Ratio	1.12	1.23	1.25	1.28	1.18
Operating Cash Flow to Current Liabilities	0.33	0.07	0.05	-0.09	0.24
Long Term Solvency
Total Debt/Equity	134.31	52.83	12.9	23.97	30.55
Total Debt / Total Capital	57.32	34.57	11.43	19.33	23.4
LT Debt/Equity	1.78	0.78	0.49	0.5	0.47
Long-Term Debt / Total Capital	0.76	0.51	0.43	0.4	0.36
Total Liabilities / Total Assets	88.35	79.33	77.92	74.7	82.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	221.47	115.58	8.65	24.26	31.6
Gross Profit, 1 Yr. Growth %	235.3	125.99	11.99	28.02	31.54
Earnings From Cont. Operations, 1 Yr. Growth %	700.13	112.01	4.15	46.19	26.97
Net Income, 1 Yr. Growth %	700.13	112.01	4.15	46.28	27.13
Normalized Net Income, 1 Yr. Growth %	718.32	118.74	7.31	47.2	28.14
Diluted EPS Before Extra, 1 Yr. Growth %	687.5	82.54	10.43	50.39	27.23
Common Equity, 1 Yr. Growth %	225.98	152.6	-0.59	17.77	14.01
Total Assets, 1 Yr. Growth %	233.36	42.33	-6.93	2.79	63.44
Tangible Book Value, 1 Yr. Growth %	226.56	152.71	-0.77	17.73	14
Cash From Operations, 1 Yr. Growth %	938.71	-70.61	-42.2	-282.37	-589.1
Capital Expenditures, 1 Yr. Growth %	-62.27	57.8	28.48	-14.09	115.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	108.98	163.25	53.05	16.19	27.88
Gross Profit, 2 Yr. CAGR %	115.75	175.27	59.09	19.74	29.77
Earnings From Cont. Operations, 2 Yr. CAGR %	209.35	311.87	48.6	23.4	36.24
Net Income, 2 Yr. CAGR %	209.35	311.87	48.6	23.43	36.37
Normalized Net Income, 2 Yr. CAGR %	169.3	323.08	53.21	25.68	37.34
Diluted EPS Before Extra, 2 Yr. CAGR %	324.26	279.14	41.98	28.87	38.33
Common Equity, 2 Yr. CAGR %	643.73	186.95	58.46	8.2	15.88
Total Assets, 2 Yr. CAGR %	110.74	117.83	15.1	-2.19	29.61
Tangible Book Value, 2 Yr. CAGR %	639.81	187.27	58.36	8.09	15.85
Cash From Operations, 2 Yr. CAGR %	113.92	74.72	-58.79	2.67	198.66
Capital Expenditures, 2 Yr. CAGR %	54.15	-22.84	42.39	5.06	36.04
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	120.44	111.16	96	42.78	21.12
Gross Profit, 3 Yr. CAGR %	134.58	119.11	103.97	47.97	23.55
Earnings From Cont. Operations, 3 Yr. CAGR %	446.93	172.74	160.45	47.79	24.58
Net Income, 3 Yr. CAGR %	446.93	172.74	160.45	47.82	24.65
Normalized Net Income, 3 Yr. CAGR %	655.42	151.26	167.81	51.18	26.5
Diluted EPS Before Extra, 3 Yr. CAGR %	108.01	220.29	151.33	44.73	28.32
Common Equity, 3 Yr. CAGR %	229.18	418.91	101.54	43.54	10.1
Total Assets, 3 Yr. CAGR %	86.92	84.9	64.06	10.84	16.06
Tangible Book Value, 3 Yr. CAGR %	228.45	417.15	101.56	43.46	10.02
Cash From Operations, 3 Yr. CAGR %	122.57	10.38	20.84	-32.34	72.76
Capital Expenditures, 3 Yr. CAGR %	81.94	55.35	-8.55	20.32	33.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	140.61	90.51	66.28	65.23
Gross Profit, 5 Yr. CAGR %	-	169.01	100.83	72.06	70.22
Earnings From Cont. Operations, 5 Yr. CAGR %	-	95.47	224.76	98.6	100.98
Net Income, 5 Yr. CAGR %	-	95.47	224.76	98.62	101.06
Normalized Net Income, 5 Yr. CAGR %	-	95.43	299.05	90.45	105.03
Diluted EPS Before Extra, 5 Yr. CAGR %	-	51.31	78.54	122.53	97.93
Common Equity, 5 Yr. CAGR %	-	156.17	145.72	177.17	61.51
Total Assets, 5 Yr. CAGR %	-	86.36	53.96	43.32	49.3
Tangible Book Value, 5 Yr. CAGR %	-	155.73	145.32	176.49	61.51
Cash From Operations, 5 Yr. CAGR %	-	33.88	13.37	7.23	73.54
Capital Expenditures, 5 Yr. CAGR %	-	77.15	64.95	32.85	7.2