Futu Holdings (FUTU)

Net assets on the balance sheet as of June 2024 : NZ$5.85 Billion

According to Futu Holdings's latest financial reports the company has NZ$5.85 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	$NZ$4.20 B	6.73%
2021-12-31	$NZ$3.94 B	165.29%
2020-12-31	$NZ$1.48 B	205.67%
2019-12-31	$NZ$0.48 B	-1799.32%
2018-12-31	$-NZ$28.6 Million	-31.88%
2017-12-31	$-NZ$41.98 Million	18.53%
2016-12-31	$-NZ$35.42 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Raymond James RJF	NZ$19.02 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 : NZ$5.85 Billion