Futu Cost Of Revenue vs Net Income Analysis

FUTU Stock

USD 86.33 2.57 3.07%

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 Cost Of Revenue and its Net Income 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.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futu Holdings Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Futu Holdings' Cost Of Revenue and Net Income is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income 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' Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Futu Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Futu Holdings' Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Futu Holdings income statement and represents the costs associated with goods and services Futu Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Futu Holdings financial statement analysis. It represents the amount of money remaining after all of Futu Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Profit	5.5B	6.3B	7.6B	7.9B
Total Revenue	6.7B	7.3B	9.1B	9.6B

Gross Profit Total Revenue

Futu Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity
Total Assets		-0.42	1.0	0.97	0.97	0.86	0.94	0.96	1.0	0.78	0.56	0.94	0.82	0.86	0.5	0.88	0.88	0.56	0.27	0.94	0.38	0.61	0.6	0.84	0.91	0.86
Other Current Liab	-0.42		-0.38	-0.25	-0.25	0.04	-0.51	-0.23	-0.39	0.05	-0.51	-0.56	-0.79	-0.64	-0.54	-0.51	-0.46	-0.63	-0.53	-0.31	-0.89	0.22	0.23	-0.82	-0.39	-0.49
Total Current Liabilities	1.0	-0.38		0.97	0.97	0.88	0.94	0.96	1.0	0.8	0.52	0.93	0.79	0.83	0.49	0.88	0.88	0.55	0.26	0.95	0.35	0.64	0.63	0.81	0.89	0.86
Total Stockholder Equity	0.97	-0.25	0.97		1.0	0.95	0.88	0.99	0.98	0.86	0.5	0.87	0.74	0.76	0.42	0.79	0.81	0.44	0.07	0.94	0.2	0.72	0.72	0.71	0.91	0.78
Net Tangible Assets	0.97	-0.25	0.97	1.0		0.94	0.88	0.99	0.97	0.85	0.51	0.87	0.74	0.77	0.43	0.79	0.81	0.45	0.07	0.94	0.2	0.72	0.71	0.72	0.92	0.78
Retained Earnings	0.86	0.04	0.88	0.95	0.94		0.72	0.93	0.89	0.96	0.25	0.7	0.52	0.53	0.27	0.64	0.7	0.28	-0.04	0.9	-0.01	0.89	0.88	0.49	0.77	0.64
Accounts Payable	0.94	-0.51	0.94	0.88	0.88	0.72		0.88	0.93	0.6	0.67	1.0	0.84	0.91	0.51	0.93	0.85	0.56	0.33	0.84	0.43	0.4	0.39	0.86	0.93	0.92
Cash	0.96	-0.23	0.96	0.99	0.99	0.93	0.88		0.96	0.82	0.57	0.87	0.72	0.79	0.39	0.78	0.77	0.39	0.01	0.9	0.14	0.68	0.67	0.69	0.93	0.76
Other Assets	1.0	-0.39	1.0	0.98	0.97	0.89	0.93	0.96		0.82	0.5	0.93	0.8	0.82	0.49	0.87	0.88	0.55	0.26	0.96	0.37	0.66	0.65	0.82	0.89	0.86
Net Receivables	0.78	0.05	0.8	0.86	0.85	0.96	0.6	0.82	0.82		0.01	0.59	0.48	0.35	0.28	0.57	0.67	0.32	0.03	0.89	0.08	0.97	0.97	0.45	0.63	0.58
Other Current Assets	0.56	-0.51	0.52	0.5	0.51	0.25	0.67	0.57	0.5	0.01		0.65	0.59	0.84	0.39	0.59	0.4	0.32	-0.1	0.33	0.13	-0.18	-0.2	0.56	0.74	0.52
Total Liab	0.94	-0.56	0.93	0.87	0.87	0.7	1.0	0.87	0.93	0.59	0.65		0.87	0.92	0.53	0.92	0.85	0.58	0.37	0.84	0.49	0.39	0.38	0.89	0.92	0.92
Short Long Term Debt	0.82	-0.79	0.79	0.74	0.74	0.52	0.84	0.72	0.8	0.48	0.59	0.87		0.82	0.5	0.74	0.67	0.55	0.3	0.71	0.69	0.31	0.29	0.93	0.82	0.74
Total Current Assets	0.86	-0.64	0.83	0.76	0.77	0.53	0.91	0.79	0.82	0.35	0.84	0.92	0.82		0.47	0.81	0.74	0.52	0.3	0.67	0.45	0.12	0.11	0.87	0.87	0.77
Short Term Debt	0.5	-0.54	0.49	0.42	0.43	0.27	0.51	0.39	0.49	0.28	0.39	0.53	0.5	0.47		0.7	0.76	0.96	0.35	0.61	0.43	0.18	0.17	0.6	0.43	0.71
Common Stock	0.88	-0.51	0.88	0.79	0.79	0.64	0.93	0.78	0.87	0.57	0.59	0.92	0.74	0.81	0.7		0.9	0.73	0.39	0.84	0.44	0.39	0.38	0.8	0.8	0.98
Property Plant Equipment	0.88	-0.46	0.88	0.81	0.81	0.7	0.85	0.77	0.88	0.67	0.4	0.85	0.67	0.74	0.76	0.9		0.84	0.53	0.93	0.49	0.52	0.51	0.82	0.71	0.92
Short Long Term Debt Total	0.56	-0.63	0.55	0.44	0.45	0.28	0.56	0.39	0.55	0.32	0.32	0.58	0.55	0.52	0.96	0.73	0.84		0.57	0.66	0.61	0.2	0.19	0.71	0.4	0.75
Other Liab	0.27	-0.53	0.26	0.07	0.07	-0.04	0.33	0.01	0.26	0.03	-0.1	0.37	0.3	0.3	0.35	0.39	0.53	0.57		0.29	0.78	-0.08	-0.08	0.56	0.0	0.44
Property Plant And Equipment Net	0.94	-0.31	0.95	0.94	0.94	0.9	0.84	0.9	0.96	0.89	0.33	0.84	0.71	0.67	0.61	0.84	0.93	0.66	0.29		0.35	0.77	0.76	0.76	0.79	0.85
Net Debt	0.38	-0.89	0.35	0.2	0.2	-0.01	0.43	0.14	0.37	0.08	0.13	0.49	0.69	0.45	0.43	0.44	0.49	0.61	0.78	0.35		-0.05	-0.05	0.78	0.21	0.46
Non Current Assets Total	0.61	0.22	0.64	0.72	0.72	0.89	0.4	0.68	0.66	0.97	-0.18	0.39	0.31	0.12	0.18	0.39	0.52	0.2	-0.08	0.77	-0.05		1.0	0.25	0.45	0.42
Non Currrent Assets Other	0.6	0.23	0.63	0.72	0.71	0.88	0.39	0.67	0.65	0.97	-0.2	0.38	0.29	0.11	0.17	0.38	0.51	0.19	-0.08	0.76	-0.05	1.0		0.23	0.44	0.41
Long Term Debt	0.84	-0.82	0.81	0.71	0.72	0.49	0.86	0.69	0.82	0.45	0.56	0.89	0.93	0.87	0.6	0.8	0.82	0.71	0.56	0.76	0.78	0.25	0.23		0.75	0.8
Cash And Short Term Investments	0.91	-0.39	0.89	0.91	0.92	0.77	0.93	0.93	0.89	0.63	0.74	0.92	0.82	0.87	0.43	0.8	0.71	0.4	0.0	0.79	0.21	0.45	0.44	0.75		0.79
Common Stock Total Equity	0.86	-0.49	0.86	0.78	0.78	0.64	0.92	0.76	0.86	0.58	0.52	0.92	0.74	0.77	0.71	0.98	0.92	0.75	0.44	0.85	0.46	0.42	0.41	0.8	0.79

Click cells to compare fundamentals

Futu Holdings Account Relationship Matchups

Futu Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.4B	71.3B	101.5B	94.5B	97.1B	102.0B
Other Current Liab	(16.9B)	(56.6B)	(78.6B)	1.5B	1.5B	1.6B
Total Current Liabilities	16.9B	51.1B	67.3B	69.3B	72.4B	76.1B
Total Stockholder Equity	2.5B	8.3B	21.0B	20.9B	24.6B	25.8B
Net Tangible Assets	(151.6M)	2.5B	8.3B	21.0B	24.1B	25.3B
Retained Earnings	16.7M	1.3B	4.2B	7.1B	11.4B	11.9B
Accounts Payable	16.9B	51.1B	67.2B	69.2B	64.7B	32.4B
Cash	362.6M	1.3B	4.6B	5.0B	4.9B	5.2B
Other Assets	18.9B	61.7B	83.9B	78.5B	90.3B	94.8B
Net Receivables	1.8B	8.1B	10.4B	9.8B	42.7B	44.8B
Other Current Assets	18.7B	70.4M	95.0B	87.4B	130.3M	123.8M
Total Liab	18.9B	63.0B	80.6B	73.6B	72.6B	37.3B
Total Current Assets	2.3B	9.4B	16.2B	14.9B	4.9B	5.6B
Short Term Debt	16.9B	5.5B	10.9B	2.6B	5.9B	4.9B
Common Stock	78K	85K	96K	97K	98K	65.9K
Property Plant Equipment	22.9M	279.2M	317.2M	243.9M	280.4M	294.5M
Short Long Term Debt Total	16.9B	11.2B	11.1B	2.7B	5.9B	7.0B
Other Liab	57.1M	195.0M	10.9M	13.6M	15.7M	14.9M
Property Plant And Equipment Net	161.6M	208.9M	243.9M	196.9M	349.1M	366.5M
Net Debt	1.3B	9.8B	6.5B	(2.3B)	952.0M	904.4M
Non Current Assets Total	269.2M	219.1M	1.5B	1.1B	92.2B	96.8B
Non Currrent Assets Other	(1.6M)	(219.1M)	(38.3M)	(139.0M)	91.4B	96.0B
Long Term Debt	1.5B	5.5B	6.4B	2.5B	2.9B	2.6B
Cash And Short Term Investments	456.3M	1.3B	5.7B	5.0B	4.9B	2.5B
Common Stock Shares Outstanding	114.7M	131.3M	152.5M	143.9M	140.0M	133.2M
Short Term Investments	93.8M	300M	1.2B	675.1M	3.3B	3.4B
Liabilities And Stockholders Equity	21.4B	71.3B	101.5B	94.5B	97.1B	57.4B
Non Current Liabilities Total	1.7B	5.7B	6.5B	69.3B	72.6B	76.2B
Capital Lease Obligations	172.5M	222.2M	260.6M	211.1M	238.0M	151.9M
Other Stockholder Equity	2.5B	7.0B	16.8B	13.8B	13.3B	7.5B
Property Plant And Equipment Gross	279.2M	208.9M	243.9M	196.9M	525.2M	551.5M
Accumulated Other Comprehensive Income	(4.4M)	5.0M	76.0M	(47.8M)	(49.4M)	(47.0M)
Non Current Liabilities Other	15.9M	47.8M	10.9M	13.6M	5.9M	5.6M
Intangible Assets	7.7M	10.2M	17.2M	54.4M	72.1M	75.7M
Net Invested Capital	4.0B	13.8B	27.3B	23.3B	30.2B	16.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Futu Stock Analysis

When running Futu Holdings' price analysis, check to measure Futu Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC