Futu Fixed Asset Turnover from 2010 to 2024

FUTU Stock  USD 86.33  2.57  3.07%   
Futu Holdings Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 16.34 in 2024. From the period from 2010 to 2024, Futu Holdings Fixed Asset Turnover quarterly data regression had r-value of  0.72 and coefficient of variation of  80.73. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
26.0636087
Current Value
16.34
Quarterly Volatility
11.32172612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Futu Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Futu Holdings' main balance sheet or income statement drivers, such as Interest Expense of 353.2 M, Selling General Administrative of 1.4 B or Total Revenue of 9.6 B, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 2.55. Futu financial statements analysis is a perfect complement when working with Futu Holdings Valuation or Volatility modules.
  
Check out the analysis of Futu Holdings Correlation against competitors.
For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.

Latest Futu Holdings' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Futu Holdings over the last few years. It is Futu Holdings' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Futu Holdings' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Futu Fixed Asset Turnover Regression Statistics

Arithmetic Mean14.02
Geometric Mean10.35
Coefficient Of Variation80.73
Mean Deviation9.39
Median6.02
Standard Deviation11.32
Sample Variance128.18
Range32.0891
R-Value0.72
Mean Square Error65.84
R-Squared0.52
Significance0
Slope1.83
Total Sum of Squares1,795

Futu Fixed Asset Turnover History

2024 16.34
2023 26.06
2022 37.19
2021 27.63
2020 14.97
2019 6.02
2018 31.31

About Futu Holdings Financial Statements

Futu Holdings shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Futu Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Futu Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Futu Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 26.06  16.34 

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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.