Futu Holdings (FUTU)

Net assets on the balance sheet as of June 2024 : A$5.29 Billion

According to Futu Holdings's latest financial reports the company has A$5.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Futu Holdings - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$3.92 B	5.69%
2021-12-31	$A$3.71 B	166.36%
2020-12-31	$A$1.39 B	198.19%
2019-12-31	$A$0.46 B	-1816.74%
2018-12-31	$-A$27.23 Million	-28.7%
2017-12-31	$-A$38.19 Million	12.2%
2016-12-31	$-A$34.04 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Raymond James RJF	A$17.18 B	224.86%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Futu Holdings (FUTU) - Net assets

Net assets on the balance sheet as of June 2024 : A$5.29 Billion