Futu Holdings Ltd
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
Futu Holdings Ltd (FUTU) - Net Assets
Latest net assets as of September 2025: $36.80 Billion USD
Based on the latest financial reports, Futu Holdings Ltd (FUTU) has net assets worth $36.80 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) and total liabilities ($206.58 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $36.80 Billion |
| % of Total Assets | 15.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | 237.09% |
| 10-Year Change | N/A |
| Growth Volatility | 84.99 |
Futu Holdings Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Futu Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Futu Holdings Ltd (2014–2024)
The table below shows the annual net assets of Futu Holdings Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $28.00 Billion | +13.97% |
| 2023-12-31 | $24.57 Billion | +17.78% |
| 2022-12-31 | $20.86 Billion | -0.59% |
| 2021-12-31 | $20.99 Billion | +152.60% |
| 2020-12-31 | $8.31 Billion | +225.98% |
| 2019-12-31 | $2.55 Billion | +131.63% |
| 2018-12-31 | $1.10 Billion | +572.42% |
| 2017-12-31 | $-232.90 Million | -22.44% |
| 2016-12-31 | $-190.22 Million | -40884.96% |
| 2015-12-31 | $-464.12K | -80.71% |
| 2014-12-31 | $-256.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Futu Holdings Ltd'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 1465448522600.0% 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% |
| Common Stock | $99.00K | 0.00% |
| Other Comprehensive Income | $-249.92 Million | -0.89% |
| Other Components | $13.61 Billion | 48.58% |
| Total Equity | $28.01 Billion | 100.00% |
Futu Holdings Ltd Competitors by Market Cap
The table below lists competitors of Futu Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fubon Financial Holding Co Ltd
TW:2881
|
$20.58 Billion |
|
Geberit AG
PINK:GBERF
|
$20.60 Billion |
|
Montage Technology Co Ltd
SHG:688008
|
$20.69 Billion |
|
FUJIFILM Holdings Corporation
PINK:FUJIF
|
$20.69 Billion |
|
Telus Corp
NYSE:TU
|
$20.52 Billion |
|
Cellnex Telecom S.A
PINK:CLNXF
|
$20.51 Billion |
|
Lennar Corporation
NYSE:LEN
|
$20.46 Billion |
|
Halma PLC
PINK:HALMY
|
$20.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Futu Holdings Ltd'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 comprehensive income decreased equity by 200,483,000.
- Other factors decreased equity by 1,800,106,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.44 Billion | +19.43% |
| Other Comprehensive Income | $-200.48 Million | -0.72% |
| Other Changes | $-1.80 Billion | -6.43% |
| Total Change | $- | 14.01% |
Book Value vs Market Value Analysis
This analysis compares Futu Holdings Ltd'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: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 119.26x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $1.25 | $149.05 | x |
| 2017-12-31 | $-2.09 | $149.05 | x |
| 2018-12-31 | $17.21 | $149.05 | x |
| 2019-12-31 | $22.21 | $149.05 | x |
| 2020-12-31 | $63.29 | $149.05 | x |
| 2021-12-31 | $137.65 | $149.05 | x |
| 2022-12-31 | $144.99 | $149.05 | x |
| 2023-12-31 | $175.54 | $149.05 | x |
| 2024-12-31 | $199.99 | $149.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Futu Holdings Ltd 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 (2.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -40.90% | 3.08x | 0.00x | $-1.54 Million |
| 2015 | 0.00% | -6.23% | 3.57x | 0.00x | $-202.91K |
| 2016 | -70.86% | -113.17% | 0.02x | 32.51x | $-112.37 Million |
| 2017 | 0.00% | -2.60% | 0.03x | 0.00x | $15.19 Million |
| 2018 | 12.59% | 17.07% | 0.05x | 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 Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $157,964,914
- Average return on equity (ROE) among peers: -57.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Futu Holdings Ltd (FUTU) | $36.80 Billion | 0.00% | 5.61x | $20.53 Billion |
| Armada Mercantile Ltd (AAMTF) | $-163.70K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $980.15 Million | 55.52% | 2.82x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-8.36 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $473.78 Million | 8.36% | 0.14x | $200.98 Million |
| Abits Group Inc. (ABTS) | $6.74 Million | -73.26% | 1.15x | $4.60 Million |
| Argentex Group PLC (AGXTF) | $41.00 Million | 12.44% | 1.72x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $33.15 Million | 5.93% | 0.34x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $13.03 Million | -530.34% | 8.88x | $1.38 Million |