2022 Q4 Form 20-F Financial Statement

#000110465923048600 Filed on April 24, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $2.099B $976.0M $1.603B
YoY Change 30.94% -86.28% 35.1%
Cost Of Revenue $160.2M $127.7M $216.9M
YoY Change -26.13% -89.41% -10.47%
Gross Profit $1.939B $848.3M $1.386B
YoY Change 39.87% -85.64% 46.77%
Gross Profit Margin 92.37% 86.92% 86.47%
Selling, General & Admin $817.9M $234.2M $554.9M
YoY Change 47.4% -87.81% 175.51%
% of Gross Profit 42.19% 27.61% 40.04%
Research & Development $334.5M $156.6M $270.6M
YoY Change 23.58% -80.55% 66.95%
% of Gross Profit 17.25% 18.47% 19.53%
Depreciation & Amortization $7.013M
YoY Change -80.75%
% of Gross Profit 0.83%
Operating Expenses $817.9M $390.8M $825.5M
YoY Change -0.92% -85.67% 127.1%
Operating Profit $1.121B $3.359B $560.5M
YoY Change 99.96% 5.52% -3.5%
Interest Expense $292.5M
YoY Change -22.39%
% of Operating Profit 8.71%
Other Income/Expense, Net $4.460M -$26.96M $12.17M
YoY Change -63.35% -1187.81% -679.48%
Pretax Income $1.125B $430.5M $572.6M
YoY Change 96.49% -86.48% -1.07%
Income Tax $166.4M $414.0M $73.81M
% Of Pretax Income 14.79% 96.16% 12.89%
Net Earnings $958.7M $375.2M $498.8M
YoY Change 92.2% -86.65% -6.33%
Net Earnings / Revenue 45.68% 38.44% 31.12%
Basic Earnings Per Share $2.57
Diluted Earnings Per Share $6.80 $2.54 $401.6K
COMMON SHARES
Basic Shares Outstanding 1.139B
Diluted Shares Outstanding 1.151B

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.75B $55.75B $60.57B
YoY Change -7.96% -7.96% 39.16%
Cash & Equivalents $644.6M $5.029B $4.555B
Short-Term Investments $50.72B $50.72B $1.276B
Other Short-Term Assets $102.3M $137.8M $102.0M
YoY Change 0.29% 82.72% 826.95%
Inventory
Prepaid Expenses
Receivables $9.574B $9.574B $10.38B
Other Receivables $26.93B $26.93B $29.66B
Total Short-Term Assets $11.93B $92.39B $100.7B
YoY Change -88.15% -8.25% 93.86%
LONG-TERM ASSETS
Property, Plant & Equipment $145.8M $342.7M $243.9M
YoY Change -40.2% -18.33% -23.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $224.0M $914.5M $23.39M
YoY Change 857.69% 3809.08% -92.2%
Other Assets $965.2M $717.1M $568.8M
YoY Change 69.69% 90.81% 3245.91%
Total Long-Term Assets $184.4M $2.113B $836.1M
YoY Change -77.95% 152.77% -95.69%
TOTAL ASSETS
Total Short-Term Assets $11.93B $92.39B $100.7B
Total Long-Term Assets $184.4M $2.113B $836.1M
Total Assets $12.11B $94.50B $101.5B
YoY Change -88.07% -6.93% 42.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.39B $69.39B $67.12B
YoY Change 3.39% 3.39% 31.8%
Accrued Expenses $1.022B $1.022B $2.288B
YoY Change -55.34% 19.86% 228.33%
Deferred Revenue $1.225M $3.058M
YoY Change -59.94%
Short-Term Debt $2.481B $2.481B $10.83B
YoY Change -77.09% -77.09% -1.01%
Long-Term Debt Due $109.4M $109.4M
YoY Change
Total Short-Term Liabilities $9.425B $73.53B $80.38B
YoY Change -88.27% -8.53% 27.97%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $13.62M -$4.853B $174.7M
YoY Change -92.2% -2889.0% 112.99%
Total Long-Term Liabilities $14.79M -$4.853B $174.7M
YoY Change -91.53% -2889.0% 112.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.425B $73.53B $80.38B
Total Long-Term Liabilities $14.79M -$4.853B $174.7M
Total Liabilities $9.439B $73.64B $80.55B
YoY Change -88.28% -8.58% 27.8%
SHAREHOLDERS EQUITY
Retained Earnings $907.4M $4.152B
YoY Change -78.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $554.3M $1.179B
YoY Change -52.97%
Treasury Stock Shares $121.4M $29.46M
Shareholders Equity $2.674B $20.86B $20.99B
YoY Change
Total Liabilities & Shareholders Equity $12.11B $94.50B $101.5B
YoY Change -88.07% -6.93% 42.33%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $958.7M $375.2M $498.8M
YoY Change 92.2% -86.65% -6.33%
Depreciation, Depletion And Amortization $7.013M
YoY Change -80.75%
Cash From Operating Activities $445.4M
YoY Change -92.59%
INVESTING ACTIVITIES
Capital Expenditures $90.52M
YoY Change -228.48%
Acquisitions
YoY Change
Other Investing Activities $184.4M
YoY Change -120.64%
Cash From Investing Activities $12.03M
YoY Change -101.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $403.2M
YoY Change -95.84%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -898.5M
YoY Change -108.51%
NET CHANGE
Cash From Operating Activities 445.4M
Cash From Investing Activities 12.03M
Cash From Financing Activities -898.5M
Net Change In Cash -458.4M
YoY Change -102.94%
FREE CASH FLOW
Cash From Operating Activities $445.4M
Capital Expenditures $90.52M
Free Cash Flow $354.9M
YoY Change -94.17%

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IncreaseDecreaseInAccountsReceivablesFromClientsAndBrokers
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-43827000
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-70752000
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IncreaseDecreaseInPayablesToFundManagementCompaniesAndFundDistributors
34111000
CY2022 futu Increase Decrease In Payables To Fund Management Companies And Fund Distributors
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CY2020 us-gaap Increase Decrease In Employee Related Liabilities
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217200000
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213981000
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
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337237000
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
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43227000
CY2020 us-gaap Increase Decrease In Interest Payable Net
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4974000
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-5495000
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CY2020 futu Increase Decrease In Operating Lease Liabilities
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-38077000
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-79544000
CY2022 futu Increase Decrease In Operating Lease Liabilities
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-93093000
CY2022 futu Increase Decrease In Operating Lease Liabilities
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-11933000
CY2020 us-gaap Increase Decrease In Payables Under Repurchase Agreements
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CY2021 us-gaap Increase Decrease In Payables Under Repurchase Agreements
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-985176000
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IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-4467861000
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-572693000
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1242937000
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IncreaseDecreaseInOtherOperatingLiabilities
-843342000
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-108100000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2020 us-gaap Payments To Acquire Productive Assets
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CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
11603000
CY2020 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
206793000
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1169715000
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
4061490000
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
520604000
CY2020 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
307267000
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
4590834000
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
588455000
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
23394000
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
235434000
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
30178000
CY2020 futu Payments To Acquire Term Deposits
PaymentsToAcquireTermDeposits
300000000
CY2021 futu Maturity Of Term Deposits
MaturityOfTermDeposits
300000000
CY2022 futu Payments For Acquisition Net Of Cash Acquired
PaymentsForAcquisitionNetOfCashAcquired
109531000
CY2022 futu Payments For Acquisition Net Of Cash Acquired
PaymentsForAcquisitionNetOfCashAcquired
14040000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-244175000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-963565000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
93859000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
12030000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2339718000
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10856524000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16842000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23492000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16332000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2093000
CY2020 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
2035104000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1178755000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3145810000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
403231000
CY2020 futu Proceeds Repayments From Ipo Loan
ProceedsRepaymentsFromIpoLoan
300199000
CY2021 futu Proceeds Repayments From Ipo Loan
ProceedsRepaymentsFromIpoLoan
-300199000
CY2020 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
23808006000
CY2021 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
53483435000
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
70806177000
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
9075971000
CY2020 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
20092973000
CY2021 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
52313417000
CY2022 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
74686220000
CY2022 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
9573314000
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
16862000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8406896000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10554218000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7009521000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-898481000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1117000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
167130000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-135196000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-17329000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
28618321000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15769754000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3575927000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-458363000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14903437000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43521758000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59291512000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7600014000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43521758000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59291512000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55715585000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7141651000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1034668000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4555096000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5028898000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
644607000
CY2020Q4 us-gaap Cash Segregated Under Other Regulations
CashSegregatedUnderOtherRegulations
42487090000
CY2021Q4 us-gaap Cash Segregated Under Other Regulations
CashSegregatedUnderOtherRegulations
54734351000
CY2022Q4 us-gaap Cash Segregated Under Other Regulations
CashSegregatedUnderOtherRegulations
50685472000
CY2022Q4 us-gaap Cash Segregated Under Other Regulations
CashSegregatedUnderOtherRegulations
6496888000
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2065000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1215000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
156000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43521758000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59291512000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55715585000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7141651000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
181706000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
367036000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
297998000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
38198000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16250000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102890000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
694973000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89082000
CY2020 futu Cash Paid For Amounts Included In Operating Lease Liabilities
CashPaidForAmountsIncludedInOperatingLeaseLiabilities
-58686000
CY2021 futu Cash Paid For Amounts Included In Operating Lease Liabilities
CashPaidForAmountsIncludedInOperatingLeaseLiabilities
-89427000
CY2022 futu Cash Paid For Amounts Included In Operating Lease Liabilities
CashPaidForAmountsIncludedInOperatingLeaseLiabilities
-106497000
CY2022 futu Cash Paid For Amounts Included In Operating Lease Liabilities
CashPaidForAmountsIncludedInOperatingLeaseLiabilities
-13651000
CY2022 futu Purchase Price For Exclusive Option Agreement
PurchasePriceForExclusiveOptionAgreement
1.00
CY2022Q4 futu Material Contract Of Value Of Assets Under Exclusive Option Agreement
MaterialContractOfValueOfAssetsUnderExclusiveOptionAgreement
500000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 11pt 18pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt 0pt 11pt 0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, related disclosures of contingent assets and liabilities at the balance sheet date, and the reported revenues, costs and expenses during the reported period in the consolidated financial statements and accompanying notes. These accounting estimates reflected in the Group’s consolidated financial statements mainly include, but are not limited to, the estimation of the expected usage and the estimated relative standalone selling price of the incentive points and coupons, the valuation and recognition of share-based compensation arrangements, depreciable lives of property and equipment, useful life of intangible assets, expected credit losses on financial instruments, assessment for impairment of long-term investments and other non-current assets, purchase price allocation for business acquisition, present value for expected future leasing payment, contingency reserve, provision of income tax and valuation allowance for deferred tax asset, and valuation of financial instruments measured at fair value. Actual results could differ from those estimates</span><span style="font-family:'Arial','Helvetica','sans-serif';">.</span></p>
CY2020 futu Brokerage Commissions Revenue Deferred Revenue
BrokerageCommissionsRevenueDeferredRevenue
276155000
CY2021 futu Brokerage Commissions Revenue Deferred Revenue
BrokerageCommissionsRevenueDeferredRevenue
493235000
CY2022 futu Brokerage Commissions Revenue Deferred Revenue
BrokerageCommissionsRevenueDeferredRevenue
323009000
CY2020 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
1531048000
CY2022Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
5888000
CY2022Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
7.8015
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
9075000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3200000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
15619000
CY2021 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
3147610000
CY2022 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
3244255000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0471
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0468
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
85827000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
108949000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
76249000
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
5888000
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2020 futu Brokerage Commissions Revenue Gross
BrokerageCommissionsRevenueGross
1807203000
CY2021 futu Brokerage Commissions Revenue Gross
BrokerageCommissionsRevenueGross
3640845000
CY2022 futu Brokerage Commissions Revenue Gross
BrokerageCommissionsRevenueGross
3567264000
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;text-align:justify;margin:0pt 0pt 12pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-style:normal;font-weight:bold;">2.    SIGNIFICANT ACCOUNTING POLICIES (Continued)</b></p>
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2022 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
321900000
CY2022 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
41300000
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1169741000
CY2021Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
598000
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1170339000
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
8181000
CY2022Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
1911000
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
10092000
CY2021Q4 futu Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
0
CY2022Q4 futu Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
0
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
1169741000
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
675064000
CY2020 us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
665000
CY2021 us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
0
CY2022 us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
23059000
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
224042000
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15596000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15652000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
243859000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
196864000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
260579000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
211143000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
64594000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
106459000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
119854000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
111603000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
55478000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
42339000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12073000
CY2022Q4 futu Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
2043000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
223536000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12393000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
211143000
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
23394000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
239694000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
7798000
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
224042000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
29599564000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
26740963000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12258000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
27840000
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
29587306000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
26713123000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
268192000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
279791000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
92435000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
133954000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175757000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
145837000
CY2020 us-gaap Depreciation
Depreciation
25792000
CY2021 us-gaap Depreciation
Depreciation
34118000
CY2022 us-gaap Depreciation
Depreciation
48014000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
23495000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66847000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6277000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12399000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17218000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54448000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1439000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2317000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6700000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
7798000
CY2021Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0
CY2022Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
235434000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-17752000
CY2022Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15596000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15652000
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
15596000
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
0
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
0
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
23032000
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
52863000
CY2021Q4 futu Staff Advances
StaffAdvances
26527000
CY2022Q4 futu Staff Advances
StaffAdvances
18685000
CY2021Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
32035000
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
30710000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
81594000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
102258000
CY2021Q4 futu Refundable Deposit
RefundableDeposit
337513000
CY2022Q4 futu Refundable Deposit
RefundableDeposit
680356000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175757000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
145837000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
38317000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
84564000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17218000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54448000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
568805000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
965205000
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0115
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0386
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EmployeeRelatedLiabilitiesCurrentAndNoncurrent
531409000
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
868646000
CY2021Q4 futu Payables To Corporate Clients In Relation To Esop Management Services
PayablesToCorporateClientsInRelationToEsopManagementServices
870283000
CY2022Q4 futu Payables To Corporate Clients In Relation To Esop Management Services
PayablesToCorporateClientsInRelationToEsopManagementServices
314385000
CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
494744000
CY2022Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
267619000
CY2021Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
152305000
CY2022Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
72137000
CY2021Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
22066000
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
31083000
CY2021Q4 futu Stamp Duty Trading Levy And Trading Fee Payables
StampDutyTradingLevyAndTradingFeePayables
19447000
CY2022Q4 futu Stamp Duty Trading Levy And Trading Fee Payables
StampDutyTradingLevyAndTradingFeePayables
26597000
CY2022Q4 futu Payables In Relation To Acquisition Current
PayablesInRelationToAcquisitionCurrent
19196000
CY2021Q4 futu Temporary Payables In Relation To Fund Distribution Services
TemporaryPayablesInRelationToFundDistributionServices
48240000
CY2022Q4 futu Temporary Payables In Relation To Fund Distribution Services
TemporaryPayablesInRelationToFundDistributionServices
18725000
CY2021Q4 futu Accrued Market Information And Data Fee
AccruedMarketInformationAndDataFee
12832000
CY2022Q4 futu Accrued Market Information And Data Fee
AccruedMarketInformationAndDataFee
13445000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3058000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1225000
CY2021Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
2773000
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
2773000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
19056000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
70328000
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
2176213000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
1706159000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5910000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4590000
CY2021Q4 us-gaap Customer Refund Liability Noncurrent
CustomerRefundLiabilityNoncurrent
4389000
CY2022Q4 us-gaap Customer Refund Liability Noncurrent
CustomerRefundLiabilityNoncurrent
1616000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
636000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7414000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10935000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13620000
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
807500
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0050
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
403750000
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2016Q3 futu Number Of Votes Per Share
NumberOfVotesPerShare
1
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
5.13
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
4.56
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RequiredPortionOfAfterTaxProfitAppropriatedToGeneralReserveFundUnderPrcLaw
0.10
CY2022 futu Required General Reserve Fund Registered Capital Ratio To De Force Compulsory Net Profit Allocation To General Reserve Fund
RequiredGeneralReserveFundRegisteredCapitalRatioToDeForceCompulsoryNetProfitAllocationToGeneralReserveFund
0.50
CY2021Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
304377000
CY2022Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
304377000
CY2022Q4 us-gaap Restricted Investments Percent Of Net Assets
RestrictedInvestmentsPercentOfNetAssets
0.25
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32573000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
98913000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
204529000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9986146
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.5556
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M2D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
45882000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3568221
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.5505
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y18D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
16413000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6417925
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0.5584
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y10M20D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
29470000
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.40
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.40
CY2020 futu Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.15
CY2021 futu Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.15
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1325523000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2810210000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2926944000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1036865727
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1200912670
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1139377763
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.57
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1325523000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2810210000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2926944000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1036865727
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1200912670
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1139377763
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1050143014
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1219672508
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1151021697
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.30
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.54
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3773963
CY2021Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
106203000
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
32000000
CY2021Q4 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged
119745500000
CY2022Q4 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged
109296132000
CY2021Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
144156000
CY2022Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
48349000
CY2021Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
20953603000
CY2022Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
12326953000
CY2021Q4 futu Securities Borrowed And Loaned Net
SecuritiesBorrowedAndLoanedNet
8436638000
CY2022Q4 futu Securities Borrowed And Loaned Net
SecuritiesBorrowedAndLoanedNet
12786899000
CY2021Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9737786000
CY2022Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
14874210000
CY2021Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
3120123000
CY2022Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
1889795000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1990138000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3913027000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4007642000
CY2021Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
761417000
CY2022Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
625688000
CY2021Q4 futu Operating Loss Carryforwards Expected To Be Utilized Prior To Expiration
OperatingLossCarryforwardsExpectedToBeUtilizedPriorToExpiration
2834000
CY2022Q4 futu Operating Loss Carryforwards Expected To Be Utilized Prior To Expiration
OperatingLossCarryforwardsExpectedToBeUtilizedPriorToExpiration
45549000
CY2020 futu Interest Income Margin Financing
InterestIncomeMarginFinancing
497975000
CY2021 futu Interest Income Margin Financing
InterestIncomeMarginFinancing
1720473000
CY2022 futu Interest Income Margin Financing
InterestIncomeMarginFinancing
1588569000
CY2020 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
208556000
CY2021 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
197390000
CY2022 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
986387000
CY2020 futu Interest Income Bridge Loan
InterestIncomeBridgeLoan
1078000
CY2021 futu Interest Income Bridge Loan
InterestIncomeBridgeLoan
1872000
CY2022 futu Interest Income Bridge Loan
InterestIncomeBridgeLoan
135733000
CY2020 futu Interest Income Securities Lending
InterestIncomeSecuritiesLending
73792000
CY2021 futu Interest Income Securities Lending
InterestIncomeSecuritiesLending
397505000
CY2022 futu Interest Income Securities Lending
InterestIncomeSecuritiesLending
499745000
CY2020 futu Interest Income Ipo Financing
InterestIncomeIpoFinancing
184226000
CY2021 futu Interest Income Ipo Financing
InterestIncomeIpoFinancing
200567000
CY2022 futu Interest Income Ipo Financing
InterestIncomeIpoFinancing
2341000
CY2021 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
391000
CY2022 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
1552000
CY2020 us-gaap Interest Income Operating
InterestIncomeOperating
965627000
CY2021 us-gaap Interest Income Operating
InterestIncomeOperating
2518198000
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
3214327000
CY2020 futu Currency Exchange Service Income
CurrencyExchangeServiceIncome
67000000
CY2021 futu Currency Exchange Service Income
CurrencyExchangeServiceIncome
201030000
CY2022 futu Currency Exchange Service Income
CurrencyExchangeServiceIncome
141322000
CY2020 futu Funds Distribution Service Income
FundsDistributionServiceIncome
42658000
CY2021 futu Funds Distribution Service Income
FundsDistributionServiceIncome
68856000
CY2022 futu Funds Distribution Service Income
FundsDistributionServiceIncome
96676000
CY2020 futu Public Relations Service Charge Income
PublicRelationsServiceChargeIncome
29988000
CY2021 futu Public Relations Service Charge Income
PublicRelationsServiceChargeIncome
96327000
CY2022 futu Public Relations Service Charge Income
PublicRelationsServiceChargeIncome
44033000
CY2020 us-gaap Market Data Revenue
MarketDataRevenue
18463000
CY2021 us-gaap Market Data Revenue
MarketDataRevenue
43921000
CY2022 us-gaap Market Data Revenue
MarketDataRevenue
41498000
CY2020 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
30797000
CY2021 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
86880000
CY2022 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
25350000
CY2020 futu Initial Public Offer Subscription Service Charge Income
InitialPublicOfferSubscriptionServiceChargeIncome
159682000
CY2021 futu Initial Public Offer Subscription Service Charge Income
InitialPublicOfferSubscriptionServiceChargeIncome
169336000
CY2022 futu Initial Public Offer Subscription Service Charge Income
InitialPublicOfferSubscriptionServiceChargeIncome
6513000
CY2020 futu Miscellaneous Income
MiscellaneousIncome
6469000
CY2021 futu Miscellaneous Income
MiscellaneousIncome
17745000
CY2022 futu Miscellaneous Income
MiscellaneousIncome
36666000
CY2020 us-gaap Other Income
OtherIncome
355057000
CY2021 us-gaap Other Income
OtherIncome
684095000
CY2022 us-gaap Other Income
OtherIncome
392058000
CY2020 us-gaap Interest Expense
InterestExpense
185090000
CY2021 us-gaap Interest Expense
InterestExpense
376902000
CY2022 us-gaap Interest Expense
InterestExpense
292503000
CY2020 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
361486000
CY2021 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
572159000
CY2022 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
329789000
CY2020 futu Interest Expense Borrowings Banks
InterestExpenseBorrowingsBanks
45545000
CY2021 futu Interest Expense Borrowings Banks
InterestExpenseBorrowingsBanks
125002000
CY2022 futu Interest Expense Borrowings Banks
InterestExpenseBorrowingsBanks
74397000
CY2020 futu Interest Expense Other Licensed Financial Institutions
InterestExpenseOtherLicensedFinancialInstitutions
38246000
CY2021 futu Interest Expense Other Licensed Financial Institutions
InterestExpenseOtherLicensedFinancialInstitutions
51179000
CY2022 futu Interest Expense Other Licensed Financial Institutions
InterestExpenseOtherLicensedFinancialInstitutions
8318000
CY2020 futu Interest Expenses For Securities Borrowed Borrowings From Clients
InterestExpensesForSecuritiesBorrowedBorrowingsFromClients
7984000
CY2021 futu Interest Expenses For Securities Borrowed Borrowings From Clients
InterestExpensesForSecuritiesBorrowedBorrowingsFromClients
132034000
CY2022 futu Interest Expenses For Securities Borrowed Borrowings From Clients
InterestExpensesForSecuritiesBorrowedBorrowingsFromClients
26650000
CY2020 futu Interest Expenses For Securities Borrowed Borrowings From Brokers
InterestExpensesForSecuritiesBorrowedBorrowingsFromBrokers
13853000
CY2021 futu Interest Expenses For Securities Borrowed Borrowings From Brokers
InterestExpensesForSecuritiesBorrowedBorrowingsFromBrokers
18624000
CY2022 futu Interest Expenses For Securities Borrowed Borrowings From Brokers
InterestExpensesForSecuritiesBorrowedBorrowingsFromBrokers
183138000
CY2020 futu Interest Expense Initial Public Offer Financing Borrowings Banks
InterestExpenseInitialPublicOfferFinancingBorrowingsBanks
79337000
CY2021 futu Interest Expense Initial Public Offer Financing Borrowings Banks
InterestExpenseInitialPublicOfferFinancingBorrowingsBanks
50063000
CY2020 futu Interest Expense Initial Public Offer Financing Borrowings From Other Parties
InterestExpenseInitialPublicOfferFinancingBorrowingsFromOtherParties
125000
CY2020 futu Cloud Service Fee
CloudServiceFee
48940000
CY2021 futu Cloud Service Fee
CloudServiceFee
122269000
CY2022 futu Cloud Service Fee
CloudServiceFee
216140000
CY2020 futu Market Information And Data Fee
MarketInformationAndDataFee
68274000
CY2021 futu Market Information And Data Fee
MarketInformationAndDataFee
70387000
CY2022 futu Market Information And Data Fee
MarketInformationAndDataFee
79439000
CY2020 futu Data Transmission Fee
DataTransmissionFee
23072000
CY2021 futu Data Transmission Fee
DataTransmissionFee
46289000
CY2022 futu Data Transmission Fee
DataTransmissionFee
41775000
CY2020 futu System Cost
SystemCost
4476000
CY2021 futu System Cost
SystemCost
12160000
CY2022 futu System Cost
SystemCost
28324000
CY2020 futu Sms Service Fee
SmsServiceFee
2511000
CY2021 futu Sms Service Fee
SmsServiceFee
1197000
CY2022 futu Sms Service Fee
SmsServiceFee
1018000
CY2020 futu Other Processing And Servicing Costs
OtherProcessingAndServicingCosts
2105000
CY2021 futu Other Processing And Servicing Costs
OtherProcessingAndServicingCosts
4701000
CY2022 futu Other Processing And Servicing Costs
OtherProcessingAndServicingCosts
7144000
CY2020 futu Processing And Servicing Costs
ProcessingAndServicingCosts
149378000
CY2021 futu Processing And Servicing Costs
ProcessingAndServicingCosts
257003000
CY2022 futu Processing And Servicing Costs
ProcessingAndServicingCosts
373840000
CY2021 us-gaap Noninterest Expense
NoninterestExpense
3555605000
CY2022 us-gaap Noninterest Expense
NoninterestExpense
3752622000
CY2022 futu Withholding Tax Rate
WithholdingTaxRate
0.10
CY2022 futu Reduced Withholding Tax Rate
ReducedWithholdingTaxRate
0.05
CY2022 futu Withholding Tax Rate
WithholdingTaxRate
0.10
CY2020 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
682068000
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1248682000
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2067204000
CY2020 us-gaap Marketing Expense
MarketingExpense
297170000
CY2021 us-gaap Marketing Expense
MarketingExpense
1163495000
CY2022 us-gaap Marketing Expense
MarketingExpense
548348000
CY2020 futu Processing And Servicing Costs
ProcessingAndServicingCosts
149378000
CY2021 futu Processing And Servicing Costs
ProcessingAndServicingCosts
257003000
CY2022 futu Processing And Servicing Costs
ProcessingAndServicingCosts
373840000
CY2020 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
361486000
CY2021 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
572159000
CY2022 futu Brokerage Commission And Handling Charge Expenses
BrokerageCommissionAndHandlingChargeExpenses
329789000
CY2020 us-gaap Professional Fees
ProfessionalFees
32988000
CY2021 us-gaap Professional Fees
ProfessionalFees
59697000
CY2022 us-gaap Professional Fees
ProfessionalFees
135167000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
64594000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
106459000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
119854000
CY2020 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
27231000
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
36435000
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
54714000
CY2020 us-gaap Other Noninterest Expense
OtherNoninterestExpense
42956000
CY2021 us-gaap Other Noninterest Expense
OtherNoninterestExpense
111675000
CY2022 us-gaap Other Noninterest Expense
OtherNoninterestExpense
123706000
CY2020 us-gaap Noninterest Expense
NoninterestExpense
1657871000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
137939000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
396512000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
466074000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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