Lei Di Network Lei Jianping May 6
Futu Holdings (Nasdaq: FUTU) recently announced the 20-F document, which shows that as of February 28, 2023, Futu founder and CEO Li Hua holds 36.2% of the shares and has 59.4% of the voting rights; Tencent holds shares 22.1%, with 35% voting rights.
As of February 28, 2023, Futu's shareholding structure
As of February 28, 2022, Li Hua, the founder and CEO of Futu, holds 34.3% of the shares and has 67.4% of the voting rights; Tencent holds 21% of the shares and has 27.6% of the voting rights.
As of February 28, 2022, Futu's equity
By comparison, it can be found that in the past year, Li Hua's shareholding has increased by 1.9 percentage points, and voting rights have decreased by 8 percentage points; Tencent's shareholding has increased by 1.1 percentage points, and voting rights have increased by 7.4 percentage points.
Currently, Li Hua is the founder, chairman and CEO of Futu Holdings.
Annual revenue of HK$7.6 billion
Futu's revenue in 2020, 2021, and 2022 will be HK$3.31 billion, HK$7.115 billion, and HK$7.614 billion (approximately US$976 million) respectively.
In 2022, Futu’s income from transaction commissions and handling fees will be HK$4 billion (approximately US$514 million), accounting for 52.6% of revenue; income from interest will be HK$3.214 billion (approximately US$412 million), accounting for 4.22% of revenue. %; HK$392 million (approximately US$50.25 million) from other income.
Futu's 2022 sales and marketing expenses are HK$15.2 million, research and development expenses are HK$145 million, and management expenses are HK$44.1 million.
Futu's net profit in 2020, 2021, and 2022 will be 1.326 billion Hong Kong dollars, 2.81 billion Hong Kong dollars, and 2.927 billion yuan (about 375 million U.S. dollars) respectively.
Among them, Futu’s revenue in the fourth quarter of 2022 was HK$2.281 billion (approximately US$292 million), an increase of 42.3% from HK$1.6 billion in the same period last year.
Futu’s transaction commission and fee income in the fourth quarter of 2022 was HK$1.049 billion (approximately US$134 million), an increase of 22.4% over the same period last year; interest income was HK$1.138 billion (approximately US$146 million), an increase of 84.2% over the same period last year %;
Futu’s other income (including wealth management, corporate services, etc.) in the fourth quarter of 2022 was HK$94.3 million (approximately US$12 million), a decrease of 26.5% from the same period last year.
Futu’s net profit in the fourth quarter of 2022 was HK$959 million, an increase of 92.2% from HK$500 million in the same period last year; non-GAAP net profit was HK$1.015 billion (approximately US$130 million), a year-on-year An increase of 90.2%.
Frustrated listing in Hong Kong
In August 2020, Futu Holdings completed the issuance of 9.5 million American depositary shares, priced at US$33 per American depositary share, and raised more than US$300 million.
In April 2021, Futu completed the issuance of 10,925,000 American depositary shares, priced at US$130 per American depositary share, and the net proceeds were US$1.4 billion.
In the past two years, the capital market has not been good, and Futu's stock price has also experienced a sharp correction. For Futu, the biggest setback in 2022 is the original plan to return to Hong Kong for listing at the end of 2022, but it failed in the end.
On the same day, the China Securities Regulatory Commission announced that in recent years, Futu Holdings and Tiger Securities have conducted cross-border securities business for domestic investors without the approval of the China Securities Regulatory Commission. According to the Securities Law and other relevant laws and regulations, their behavior has constituted illegal business operations. Securities business.
The China Securities Regulatory Commission stated that it will instruct relevant dispatched agencies to conduct on-site inspections of Futu Holdings and Tiger Securities, supervise and urge rectification, and take further regulatory measures depending on the rectification situation. The announcement of the China Securities Regulatory Commission is very strict, which is equivalent to characterizing the domestic business of Futu and Tiger Securities.
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