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Futu Holdings (LTS:0FUT) Gross-Profit-to-Asset % : 8.30% (As of Mar. 2024)


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What is Futu Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Futu Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was $1,085 Mil. Futu Holdings's average Total Assets over the quarter that ended in Mar. 2024 was $13,079 Mil. Therefore, Futu Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.30%.


Futu Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Futu Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Futu Holdings Gross-Profit-to-Asset % Chart

Futu Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 4.17 5.65 6.82 6.76 8.83

Futu Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.76 8.01 8.81 8.02 8.30

Competitive Comparison of Futu Holdings's Gross-Profit-to-Asset %

For the Capital Markets subindustry, Futu Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Futu Holdings's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Futu Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Futu Holdings's Gross-Profit-to-Asset % falls into.



Futu Holdings Gross-Profit-to-Asset % Calculation

Futu Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1084.815/( (12138.468+12437.687)/ 2 )
=1084.815/12288.0775
=8.83 %

Futu Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1085.116/( (12437.687+13719.973)/ 2 )
=1085.116/13078.83
=8.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Futu Holdings Gross-Profit-to-Asset % Related Terms

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Futu Holdings (LTS:0FUT) Business Description

Traded in Other Exchanges
Address
No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG
Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.

Futu Holdings (LTS:0FUT) Headlines

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