Futu Holdings Limited (6FHA) - Net Assets
Based on the latest financial reports, Futu Holdings Limited (6FHA) has net assets worth €36.80 Billion EUR (≈ $43.02 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€243.38 Billion ≈ $284.54 Billion USD) and total liabilities (€206.58 Billion ≈ $241.52 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Futu Holdings Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €36.80 Billion |
| % of Total Assets | 15.12% |
| Annual Growth Rate | 71.49% |
| 5-Year Change | 237.09% |
| 10-Year Change | N/A |
| Growth Volatility | 84.99 |
Futu Holdings Limited - Net Assets Trend (2018–2024)
This chart illustrates how Futu Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Futu Holdings Limited for the complete picture of this company's asset base.
Annual Net Assets for Futu Holdings Limited (2018–2024)
The table below shows the annual net assets of Futu Holdings Limited from 2018 to 2024. For live valuation and market cap data, see Futu Holdings Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €28.00 Billion ≈ $32.74 Billion |
+13.97% |
| 2023-12-31 | €24.57 Billion ≈ $28.73 Billion |
+17.78% |
| 2022-12-31 | €20.86 Billion ≈ $24.39 Billion |
-0.59% |
| 2021-12-31 | €20.99 Billion ≈ $24.53 Billion |
+152.60% |
| 2020-12-31 | €8.31 Billion ≈ $9.71 Billion |
+225.98% |
| 2019-12-31 | €2.55 Billion ≈ $2.98 Billion |
+131.63% |
| 2018-12-31 | €1.10 Billion ≈ $1.29 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Futu Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1480187100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €14.65 Billion | 52.31% |
| Other Components | €13.36 Billion | 47.69% |
| Total Equity | €28.01 Billion | 100.00% |
Futu Holdings Limited Competitors by Market Cap
The table below lists competitors of Futu Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BE Semiconductor Industries NV
AS:BESI
|
$14.19 Billion |
|
Zhen Ding Technology Holding Ltd
TW:4958
|
$14.19 Billion |
|
Huntington Ingalls Industries Inc
NYSE:HII
|
$14.20 Billion |
|
Rocket Companies Inc
NYSE:RKT
|
$14.21 Billion |
|
Astra International Tbk
JK:ASII
|
$14.17 Billion |
|
PayPay Corporation American Depository Shares
NASDAQ:PAYP
|
$14.15 Billion |
|
Regal Beloit Corporation
NYSE:RRX
|
$14.14 Billion |
|
H WORLD GROUP DL-00001
F:CL4
|
$14.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Futu Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,568,736,000 to 28,011,241,000, a change of 3,442,505,000 (14.0%).
- Net income of 5,443,094,000 contributed positively to equity growth.
- Other factors decreased equity by 2,000,589,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.44 Billion | +19.43% |
| Other Changes | €-2.00 Billion | -7.14% |
| Total Change | €- | 14.01% |
Book Value vs Market Value Analysis
This analysis compares Futu Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 103.84x to 5.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €1.23 | €128.00 | x |
| 2019-12-31 | €2.54 | €128.00 | x |
| 2020-12-31 | €7.66 | €128.00 | x |
| 2021-12-31 | €17.44 | €128.00 | x |
| 2022-12-31 | €18.67 | €128.00 | x |
| 2023-12-31 | €22.29 | €128.00 | x |
| 2024-12-31 | €25.16 | €128.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Futu Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.05%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 5.67x
- Recent ROE (19.43%) is above the historical average (14.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.59% | 24.66% | 0.03x | 14.60x | €28.48 Million |
| 2019 | 6.50% | 15.61% | 0.05x | 8.40x | €-89.19 Million |
| 2020 | 15.96% | 40.04% | 0.05x | 8.59x | €494.75 Million |
| 2021 | 13.39% | 39.50% | 0.07x | 4.84x | €711.65 Million |
| 2022 | 14.03% | 38.44% | 0.08x | 4.53x | €840.79 Million |
| 2023 | 17.43% | 42.78% | 0.10x | 3.95x | €1.82 Billion |
| 2024 | 19.43% | 40.05% | 0.09x | 5.67x | €2.64 Billion |
Industry Comparison
This section compares Futu Holdings Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $25,878,648,275
- Average return on equity (ROE) among peers: 7.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Futu Holdings Limited (6FHA) | €36.80 Billion | 12.59% | 5.61x | $14.18 Billion |
| China Merchants Securities Co. Ltd (195H) | $115.24 Billion | 7.00% | 4.31x | $2.15 Billion |
| UP FINT. HLDG (SP.ADR) A (1M5) | $446.63 Million | 3.29% | 6.44x | $1.01 Billion |
| GREENBANK CAPITAL (2TL) | $3.01 Million | 33.26% | 1.67x | $82.89K |
| SHENWAN HONGYUAN GR.H YC1 (2X2A) | $107.05 Billion | 8.78% | 4.61x | $854.81 Million |
| Guolian Securities Co. Ltd (34V) | $7.90 Billion | 7.73% | 2.04x | $250.47 Million |
| SIXTY SIX CAPITAL INC. (5CR0) | $-4.63 Million | 0.00% | 0.00x | $5.69 Million |
| CAIRO MEZZ PLC EO-10 (6H3) | $179.28 Million | 68.46% | 0.00x | $96.17 Million |
| BIGG Digital Assets Inc (7111) | $13.22 Million | -72.78% | 0.02x | $14.72 Million |
| TP ICAP GROUP PLC LS -25 (8D7) | $2.08 Billion | 8.04% | 2.10x | $2.56 Billion |
About Futu Holdings Limited
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. The company offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. It also provides financial information and online c… Read more