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1) $FUTU reported earlier this AM: Third Quarter 2020 Financial Highlights
Total revenues increased 272.1% year-over-year to HK$946.2 million (US$122.1 million).
Total gross profit increased 314.1% year-over-year to HK$764.1 million (US$98.6 million). https://finance.yahoo.com/news/futu-announces-third-quarter-2020-080000991.html
Total revenues increased 272.1% year-over-year to HK$946.2 million (US$122.1 million).
Total gross profit increased 314.1% year-over-year to HK$764.1 million (US$98.6 million). https://finance.yahoo.com/news/futu-announces-third-quarter-2020-080000991.html
2) Net income was up 18 times year-over-year to HK$401.7 million (US$51.8 million).
Non-GAAP adjusted net income5 was up 16 times year-over-year to HK$407.7 million (US$52.6 million).
Non-GAAP adjusted net income5 was up 16 times year-over-year to HK$407.7 million (US$52.6 million).
3) "Futu Holdings Ltd. is a technology company, which engages in online brokerage services and margin financing services for clients in Hong Kong and China. It provides investing services through its proprietary digital platform, Futu NiuNiu . . .
4) an integrated application accessible through any mobile device, tablet or desktop. The company's primary fee-generating services include trade execution and margin financing which allow its clients to trade . . .
5) securities, such as stocks, warrants, options and ETFs, across different markets. Futu Holdings was founded by Leaf Hua Li on December 18, 2007 and is headquartered in Hong Kong."
6) Third Quarter 2020 Operational Highlights
Total number of paying clients increased 136.5% year-over-year to 418,089.
Total number of registered clients increased 79.7% year-over-year to 1,173,242.
Total number of users increased 52.2% year-over-year to 10.4 million.
Total number of paying clients increased 136.5% year-over-year to 418,089.
Total number of registered clients increased 79.7% year-over-year to 1,173,242.
Total number of users increased 52.2% year-over-year to 10.4 million.
7) Total client assets increased 177.8% year-over-year to HK$200.9 billion.
Daily average client assets were HK$180.3 billion in the third quarter of 2020, an increase of 152.0% from the same period in 2019.
Daily average client assets were HK$180.3 billion in the third quarter of 2020, an increase of 152.0% from the same period in 2019.
8) Total trading volume increased 381.1% year-over-year to HK$1,014.7 billion, in which trading volume for US stocks was HK$564.5 billion, trading volume for Hong Kong stocks was HK$436.2 billion, and trading volume for stocks under the Stock Connect was HK$14.0 billion.
9) Daily average revenue trades (DARTs) 4 increased 273.1% year-over-year to 379,008.
Margin financing and securities lending balance increased 171.3% year-over-year to HK$12.6 billion.
Margin financing and securities lending balance increased 171.3% year-over-year to HK$12.6 billion.
10) PREVIOUS CLOSE45.5
DAY RANGE42.03 - 45.91
52-WEEK RANGE8.16 - 46.46
ALL-TIME HIGH46.46
AVG. VOLUME (50-DAY)1,642,303
DAY RANGE42.03 - 45.91
52-WEEK RANGE8.16 - 46.46
ALL-TIME HIGH46.46
AVG. VOLUME (50-DAY)1,642,303
11) P/E RATIO231.32
PEG RATIO0.39
PRICE TO BOOK15.00
PRICE TO CASH FLOW5.19
PRICE TO FREE CASH FLOW-
TOTAL SALES (TTM)224.06 M
REVENUE PER SHARE (TTM)1.77
SHARES OUTSTANDING57.39 M
SHARE FLOAT (%)62.42 M (92.81%)
% HELD BY INSTITUTIONS23.26
PEG RATIO0.39
PRICE TO BOOK15.00
PRICE TO CASH FLOW5.19
PRICE TO FREE CASH FLOW-
TOTAL SALES (TTM)224.06 M
REVENUE PER SHARE (TTM)1.77
SHARES OUTSTANDING57.39 M
SHARE FLOAT (%)62.42 M (92.81%)
% HELD BY INSTITUTIONS23.26
12) +/- EMA(20)36.83 (+14.35%)
+/- SMA(50)32.39 (+24.67%)
+/- SMA(200)22.73 (+47.14%)
5-DAY PERF.+16.22%
1-MONTH PERF.+38.75%
3-MONTH PERF.+21.47%
6-MONTH PERF.+238.32%
YTD PERF.+316.67%
1-YEAR PERF.+289.14%
RSI(14)71.01
ATR(14)2.64
ADX(14)28.20
BETA (5Y)0.83
+/- SMA(50)32.39 (+24.67%)
+/- SMA(200)22.73 (+47.14%)
5-DAY PERF.+16.22%
1-MONTH PERF.+38.75%
3-MONTH PERF.+21.47%
6-MONTH PERF.+238.32%
YTD PERF.+316.67%
1-YEAR PERF.+289.14%
RSI(14)71.01
ATR(14)2.64
ADX(14)28.20
BETA (5Y)0.83
13) Adding this great thread on $FUTU which @MadeinBorsacom brought to our attention in a @saxena_puru thread. This is how Twitter should work, investors helping investors, traders helping traders. Great background here on $FUTU https://twitter.com/GetBenchmarkCo/status/1328661287539253248
