Futu Income Tax Expense vs Net Income Analysis

FUTU Stock

USD 121.82 3.90 3.31%

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 Income Tax Expense 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.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

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

The correlation between Futu Holdings' Income Tax Expense and Net Income is 0.99. Overlapping area represents the amount of variation of Income Tax Expense 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' Income Tax Expense 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 Income Tax Expense 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 Income Tax Expense i.e., Futu Holdings' Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Tax Expense

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 952.8 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop 12.81 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	6.3B	7.6B	8.7B	9.1B
Total Revenue	7.3B	9.1B	10.5B	11.0B

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		-0.3	1.0	0.98	0.98	0.89	1.0	0.97	1.0	0.83	0.43	1.0	0.89	0.8	0.51	0.88	0.88	0.55	0.21	0.95	0.33	0.71	0.71	0.8	0.97	0.86
Other Current Liab	-0.3		-0.26	-0.13	-0.19	0.12	-0.31	-0.12	-0.32	0.12	-0.51	-0.35	-0.6	-0.62	-0.5	-0.4	-0.41	-0.6	-0.54	-0.18	-0.89	0.26	0.26	-0.79	-0.2	-0.43
Total Current Liabilities	1.0	-0.26		0.98	0.98	0.91	1.0	0.97	1.0	0.85	0.39	0.99	0.87	0.77	0.5	0.88	0.88	0.54	0.2	0.96	0.3	0.74	0.73	0.77	0.96	0.86
Total Stockholder Equity	0.98	-0.13	0.98		1.0	0.96	0.97	0.99	0.97	0.9	0.36	0.96	0.84	0.7	0.44	0.81	0.81	0.45	0.03	0.96	0.16	0.81	0.8	0.67	0.99	0.78
Net Tangible Assets	0.98	-0.19	0.98	1.0		0.93	0.98	1.0	0.98	0.86	0.43	0.97	0.85	0.76	0.46	0.82	0.82	0.46	0.05	0.94	0.18	0.75	0.74	0.71	0.99	0.8
Retained Earnings	0.89	0.12	0.91	0.96	0.93		0.88	0.95	0.88	0.97	0.12	0.86	0.7	0.48	0.31	0.69	0.7	0.31	-0.07	0.93	-0.01	0.93	0.92	0.47	0.91	0.66
Accounts Payable	1.0	-0.31	1.0	0.97	0.98	0.88		0.96	1.0	0.81	0.45	1.0	0.88	0.81	0.51	0.89	0.89	0.56	0.23	0.94	0.33	0.69	0.68	0.8	0.96	0.87
Cash	0.97	-0.12	0.97	0.99	1.0	0.95	0.96		0.96	0.87	0.43	0.95	0.83	0.73	0.41	0.8	0.78	0.41	-0.02	0.93	0.11	0.77	0.76	0.65	0.99	0.77
Other Assets	1.0	-0.32	1.0	0.97	0.98	0.88	1.0	0.96		0.82	0.44	1.0	0.9	0.81	0.52	0.89	0.89	0.56	0.23	0.95	0.35	0.7	0.69	0.81	0.96	0.87
Net Receivables	0.83	0.12	0.85	0.9	0.86	0.97	0.81	0.87	0.82		-0.07	0.8	0.68	0.33	0.32	0.64	0.67	0.33	-0.01	0.92	0.06	0.98	0.98	0.43	0.83	0.61
Other Current Assets	0.43	-0.51	0.39	0.36	0.43	0.12	0.45	0.43	0.44	-0.07		0.44	0.44	0.82	0.36	0.48	0.35	0.29	-0.09	0.2	0.13	-0.22	-0.23	0.54	0.49	0.45
Total Liab	1.0	-0.35	0.99	0.96	0.97	0.86	1.0	0.95	1.0	0.8	0.44		0.9	0.82	0.52	0.89	0.9	0.58	0.26	0.94	0.39	0.68	0.67	0.83	0.95	0.88
Short Long Term Debt	0.89	-0.6	0.87	0.84	0.85	0.7	0.88	0.83	0.9	0.68	0.44	0.9		0.78	0.51	0.76	0.75	0.57	0.23	0.82	0.6	0.56	0.56	0.9	0.86	0.75
Total Current Assets	0.8	-0.62	0.77	0.7	0.76	0.48	0.81	0.73	0.81	0.33	0.82	0.82	0.78		0.48	0.77	0.74	0.52	0.3	0.61	0.45	0.15	0.14	0.87	0.76	0.76
Short Term Debt	0.51	-0.5	0.5	0.44	0.46	0.31	0.51	0.41	0.52	0.32	0.36	0.52	0.51	0.48		0.7	0.77	0.96	0.33	0.59	0.42	0.24	0.24	0.61	0.44	0.73
Common Stock	0.88	-0.4	0.88	0.81	0.82	0.69	0.89	0.8	0.89	0.64	0.48	0.89	0.76	0.77	0.7		0.9	0.72	0.33	0.84	0.39	0.52	0.51	0.77	0.8	0.98
Property Plant Equipment	0.88	-0.41	0.88	0.81	0.82	0.7	0.89	0.78	0.89	0.67	0.35	0.9	0.75	0.74	0.77	0.9		0.84	0.5	0.9	0.47	0.55	0.55	0.82	0.77	0.92
Short Long Term Debt Total	0.55	-0.6	0.54	0.45	0.46	0.31	0.56	0.41	0.56	0.33	0.29	0.58	0.57	0.52	0.96	0.72	0.84		0.55	0.62	0.6	0.24	0.24	0.72	0.42	0.76
Other Liab	0.21	-0.54	0.2	0.03	0.05	-0.07	0.23	-0.02	0.23	-0.01	-0.09	0.26	0.23	0.3	0.33	0.33	0.5	0.55		0.21	0.78	-0.1	-0.1	0.55	-0.04	0.4
Property Plant And Equipment Net	0.95	-0.18	0.96	0.96	0.94	0.93	0.94	0.93	0.95	0.92	0.2	0.94	0.82	0.61	0.59	0.84	0.9	0.62	0.21		0.29	0.84	0.84	0.7	0.91	0.83
Net Debt	0.33	-0.89	0.3	0.16	0.18	-0.01	0.33	0.11	0.35	0.06	0.13	0.39	0.6	0.45	0.42	0.39	0.47	0.6	0.78	0.29		-0.04	-0.05	0.78	0.15	0.43
Non Current Assets Total	0.71	0.26	0.74	0.81	0.75	0.93	0.69	0.77	0.7	0.98	-0.22	0.68	0.56	0.15	0.24	0.52	0.55	0.24	-0.1	0.84	-0.04		1.0	0.27	0.73	0.49
Non Currrent Assets Other	0.71	0.26	0.73	0.8	0.74	0.92	0.68	0.76	0.69	0.98	-0.23	0.67	0.56	0.14	0.24	0.51	0.55	0.24	-0.1	0.84	-0.05	1.0		0.26	0.72	0.48
Long Term Debt	0.8	-0.79	0.77	0.67	0.71	0.47	0.8	0.65	0.81	0.43	0.54	0.83	0.9	0.87	0.61	0.77	0.82	0.72	0.55	0.7	0.78	0.27	0.26		0.7	0.79
Cash And Short Term Investments	0.97	-0.2	0.96	0.99	0.99	0.91	0.96	0.99	0.96	0.83	0.49	0.95	0.86	0.76	0.44	0.8	0.77	0.42	-0.04	0.91	0.15	0.73	0.72	0.7		0.76
Common Stock Total Equity	0.86	-0.43	0.86	0.78	0.8	0.66	0.87	0.77	0.87	0.61	0.45	0.88	0.75	0.76	0.73	0.98	0.92	0.76	0.4	0.83	0.43	0.49	0.48	0.79	0.76

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Futu Holdings Account Relationship Matchups

Futu Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	71.3B	101.5B	94.5B	97.1B	111.7B	117.3B
Other Current Liab	(56.6B)	(78.6B)	1.5B	1.5B	1.4B	1.5B
Total Current Liabilities	51.1B	67.3B	69.3B	72.4B	83.3B	87.5B
Total Stockholder Equity	8.3B	21.0B	20.9B	24.6B	28.3B	29.7B
Net Tangible Assets	(151.6M)	2.5B	8.3B	21.0B	24.1B	25.3B
Retained Earnings	1.3B	4.2B	7.1B	11.4B	13.1B	13.7B
Accounts Payable	51.1B	67.2B	69.2B	64.7B	74.4B	78.1B
Cash	1.3B	4.6B	5.0B	4.9B	5.7B	6.0B
Other Assets	18.9B	61.7B	83.9B	78.5B	90.3B	94.8B
Net Receivables	8.1B	10.4B	9.8B	42.7B	49.1B	51.5B
Other Current Assets	70.4M	95.0B	87.4B	130.3M	149.8M	142.3M
Total Liab	63.0B	80.6B	73.6B	72.6B	83.4B	87.6B
Short Long Term Debt	5.5B	10.8B	2.5B	5.7B	6.5B	6.8B
Total Current Assets	9.4B	16.2B	14.9B	4.9B	5.7B	5.6B
Short Term Debt	5.5B	10.9B	2.6B	5.9B	6.8B	4.9B
Common Stock	85K	96K	97K	98K	112.7K	65.9K
Property Plant Equipment	22.9M	279.2M	317.2M	243.9M	280.4M	294.5M
Short Long Term Debt Total	11.2B	11.1B	2.7B	5.9B	6.8B	7.0B
Other Liab	57.1M	195.0M	10.9M	13.6M	15.7M	14.9M
Property Plant And Equipment Net	208.9M	243.9M	196.9M	349.1M	401.4M	421.5M
Net Debt	9.8B	6.5B	(2.3B)	952.0M	1.1B	1.0B
Non Current Assets Total	219.1M	1.5B	1.1B	92.2B	106.0B	111.3B
Non Currrent Assets Other	(219.1M)	(38.3M)	(139.0M)	91.4B	105.2B	110.4B
Long Term Debt	1.5B	5.5B	6.4B	2.5B	2.9B	2.6B
Cash And Short Term Investments	1.3B	5.7B	5.0B	4.9B	5.7B	6.0B
Common Stock Shares Outstanding	131.3M	152.5M	143.9M	140.0M	161.0M	133.2M
Short Term Investments	300M	1.2B	675.1M	3.3B	3.7B	3.9B
Liabilities And Stockholders Equity	71.3B	101.5B	94.5B	97.1B	111.7B	57.4B
Non Current Liabilities Total	5.7B	6.5B	69.3B	72.6B	83.4B	87.6B
Capital Lease Obligations	222.2M	260.6M	211.1M	238.0M	273.7M	151.9M
Inventory	(70.4M)	(95.0B)	(87.4B)	44.5B	40.1B	42.1B
Other Stockholder Equity	7.0B	16.8B	13.8B	13.3B	15.2B	16.0B
Property Plant And Equipment Gross	208.9M	243.9M	196.9M	525.2M	604.0M	634.2M
Accumulated Other Comprehensive Income	5.0M	76.0M	(47.8M)	(49.4M)	(44.5M)	(42.3M)
Non Current Liabilities Other	47.8M	10.9M	13.6M	5.9M	6.7M	12.9M
Intangible Assets	10.2M	17.2M	54.4M	72.1M	82.9M	87.0M
Net Invested Capital	13.8B	27.3B	23.3B	30.2B	34.8B	36.5B

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