Futu Retained Earnings vs Property Plant And Equipment Net Analysis

FUTU Stock  USD 86.70  5.60  6.07%   
Futu Holdings financial indicator trend analysis is much more than just examining Futu Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futu Holdings is a good investment. Please check the relationship between Futu Holdings Retained Earnings and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futu Holdings Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Futu Holdings' Retained Earnings and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Futu Holdings, assuming nothing else is changed. The correlation between historical values of Futu Holdings' Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Futu Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Futu Holdings' Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Futu Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futu Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.At this time, Futu Holdings' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 828.5 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 11.14 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.5B6.3B8.5B8.9B
Total Revenue6.7B7.3B9.1B9.6B

Futu Holdings fundamental ratios Correlations

-0.821.00.970.970.860.940.961.00.780.550.940.820.860.490.880.880.560.270.940.380.610.60.840.910.86
-0.82-0.81-0.78-0.78-0.69-0.73-0.72-0.84-0.76-0.24-0.76-0.87-0.59-0.56-0.72-0.78-0.65-0.36-0.87-0.66-0.65-0.64-0.84-0.68-0.73
1.0-0.810.970.970.880.940.961.00.80.520.930.790.830.480.880.880.550.260.950.350.640.630.810.890.86
0.97-0.780.971.00.950.880.990.980.860.50.870.740.760.420.790.810.440.070.940.20.720.720.710.910.78
0.97-0.780.971.00.940.880.990.970.850.510.870.740.770.420.790.810.450.070.940.20.720.710.720.920.78
0.86-0.690.880.950.940.720.930.890.960.250.70.520.530.270.640.70.28-0.040.9-0.010.890.880.490.770.64
0.94-0.730.940.880.880.720.880.930.60.671.00.840.910.510.930.850.560.330.840.430.40.390.860.930.92
0.96-0.720.960.990.990.930.880.960.820.570.870.720.790.380.780.770.390.010.90.140.680.670.690.930.76
1.0-0.841.00.980.970.890.930.960.820.50.930.80.820.490.870.880.550.260.960.370.660.650.820.890.86
0.78-0.760.80.860.850.960.60.820.820.010.590.480.350.280.570.670.320.030.890.080.970.970.450.630.58
0.55-0.240.520.50.510.250.670.570.50.010.650.590.840.390.590.390.32-0.10.320.13-0.18-0.20.560.740.52
0.94-0.760.930.870.870.71.00.870.930.590.650.870.920.520.920.850.580.370.840.490.390.380.890.920.92
0.82-0.870.790.740.740.520.840.720.80.480.590.870.820.490.740.670.550.30.710.690.310.290.930.820.74
0.86-0.590.830.760.770.530.910.790.820.350.840.920.820.470.810.740.520.30.670.450.120.110.870.870.77
0.49-0.560.480.420.420.270.510.380.490.280.390.520.490.470.70.760.960.350.610.430.170.170.60.420.71
0.88-0.720.880.790.790.640.930.780.870.570.590.920.740.810.70.90.730.390.840.440.390.380.80.80.98
0.88-0.780.880.810.810.70.850.770.880.670.390.850.670.740.760.90.840.530.930.490.520.510.820.710.92
0.56-0.650.550.440.450.280.560.390.550.320.320.580.550.520.960.730.840.570.660.610.20.190.710.40.75
0.27-0.360.260.070.07-0.040.330.010.260.03-0.10.370.30.30.350.390.530.570.290.78-0.08-0.080.560.00.44
0.94-0.870.950.940.940.90.840.90.960.890.320.840.710.670.610.840.930.660.290.350.770.760.760.790.85
0.38-0.660.350.20.2-0.010.430.140.370.080.130.490.690.450.430.440.490.610.780.35-0.05-0.050.780.210.46
0.61-0.650.640.720.720.890.40.680.660.97-0.180.390.310.120.170.390.520.2-0.080.77-0.051.00.250.450.42
0.6-0.640.630.720.710.880.390.670.650.97-0.20.380.290.110.170.380.510.19-0.080.76-0.051.00.230.440.41
0.84-0.840.810.710.720.490.860.690.820.450.560.890.930.870.60.80.820.710.560.760.780.250.230.750.8
0.91-0.680.890.910.920.770.930.930.890.630.740.920.820.870.420.80.710.40.00.790.210.450.440.750.79
0.86-0.730.860.780.780.640.920.760.860.580.520.920.740.770.710.980.920.750.440.850.460.420.410.80.79
Click cells to compare fundamentals

Futu Holdings Account Relationship Matchups

Futu Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.4B71.3B101.5B94.5B97.1B102.0B
Other Current Liab(16.9B)(56.6B)(78.6B)1.5B(70.8B)(67.2B)
Total Current Liabilities16.9B51.1B67.3B69.3B72.4B76.1B
Total Stockholder Equity2.5B8.3B21.0B20.9B24.6B25.8B
Net Tangible Assets(151.6M)2.5B8.3B21.0B24.1B25.3B
Retained Earnings16.7M1.3B4.2B7.1B11.4B11.9B
Accounts Payable16.9B51.1B67.2B69.2B64.7B32.4B
Cash362.6M1.3B4.6B5.0B4.9B5.2B
Other Assets18.9B61.7B83.9B78.5B90.3B94.8B
Net Receivables1.8B8.1B10.4B9.8B42.7B44.8B
Other Current Assets18.7B70.4M95.0B87.4B59.9M56.9M
Total Liab18.9B63.0B80.6B73.6B72.6B37.3B
Total Current Assets2.3B9.4B16.2B14.9B4.9B5.6B
Short Term Debt16.9B5.5B10.9B2.6B5.8B4.9B
Common Stock78K85K96K97K98K65.9K
Property Plant Equipment22.9M279.2M317.2M243.9M280.4M294.5M
Short Long Term Debt Total16.9B11.2B11.1B2.7B5.9B7.0B
Other Liab57.1M195.0M10.9M13.6M15.7M14.9M
Property Plant And Equipment Net161.6M208.9M243.9M196.9M349.1M366.5M
Net Debt1.3B9.8B6.5B(2.3B)952.0M904.4M
Non Current Assets Total269.2M219.1M1.5B1.1B92.2B96.8B
Non Currrent Assets Other(1.6M)(219.1M)(38.3M)(139.0M)91.8B96.4B
Long Term Debt1.5B5.5B6.4B2.5B2.9B2.6B
Cash And Short Term Investments456.3M1.3B5.7B5.0B4.9B2.5B
Common Stock Shares Outstanding114.7M131.3M152.5M143.9M140.0M133.2M
Short Term Investments93.8M300M1.2B675.1M3.3B3.4B
Liabilities And Stockholders Equity21.4B71.3B101.5B94.5B97.1B57.4B
Non Current Liabilities Total1.7B5.7B6.5B69.3B72.6B76.2B
Capital Lease Obligations172.5M222.2M260.6M211.1M238.0M151.9M
Other Stockholder Equity2.5B7.0B16.8B13.8B13.3B7.5B
Property Plant And Equipment Gross279.2M208.9M243.9M196.9M525.2M551.5M
Accumulated Other Comprehensive Income(4.4M)5.0M76.0M(47.8M)(49.4M)(47.0M)
Non Current Liabilities Other15.9M47.8M10.9M13.6M5.9M5.6M
Intangible Assets7.7M10.2M17.2M54.4M72.1M75.7M
Net Invested Capital4.0B13.8B27.3B23.3B30.2B16.1B

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