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CONSOLIDATED BALANCE SHEETS
$ in Thousands, $ in Thousands
Dec. 31, 2023
HKD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
HKD ($)
ASSETS      
Cash and cash equivalents $ 4,937,538 $ 632,134 $ 5,028,898
Cash held on behalf of clients 44,369,310 5,680,435 50,685,472
Restricted cash 1,232 158 1,215
Term deposit 5,540 709 5,860
Short-term investments 3,114,613 398,752 675,064
Securities purchased under agreements to resell 133,039 17,032 32,000
Loans and advances - current (net of allowance of HK$27,840 thousand and HK$45,949 thousand as of December 31, 2022 and 2023, respectively) 32,528,421 4,164,491 26,676,358
Receivables:      
Clients 293,505 37,576 513,358
Brokers 5,189,155 664,348 5,914,963
Clearing organizations 4,244,793 543,445 3,066,953
Fund management companies and fund distributors 151,691 19,420 79,086
Interest 268,504 34,376 254,310
Prepaid assets 54,691 7,002 28,507
Other current assets 135,479 17,345 102,258
Total current assets 95,427,511 12,217,223 93,064,302
Operating lease right-of-use assets 224,092 28,690 196,864
Long-term investments 238,556 30,541 239,694
Loans and advances - non-current 18,934 2,424 36,765
Other non-current assets 1,226,754 157,055 965,205
Total non-current assets 1,708,336 218,710 1,438,528
Total assets 97,135,847 12,435,933 94,502,830
LIABILITIES      
Amounts due to related parties 69,018 8,836 52,725
Payables:      
Clients 48,762,263 6,242,848 57,209,066
Brokers 15,648,286 2,003,391 11,815,274
Clearing organizations 24,096 3,085 51,867
Fund management companies and fund distributors 175,575 22,478 90,801
Interest 44,109 5,647 9,864
Borrowings 5,651,565 723,549 2,480,532
Lease liabilities - current 114,682 14,682 109,416
Accrued expenses and other current liabilities 1,939,004 248,243 1,706,159
Total current liabilities 72,428,598 9,272,759 73,525,704
Lease liabilities - non-current 123,335 15,789 101,727
Other non-current liabilities 12,183 1,560 13,620
Total non-current liabilities 135,518 17,349 115,347
Total liabilities 72,564,116 9,290,108 73,641,051
Commitments and Contingencies (Note 28)
SHAREHOLDERS' EQUITY      
Additional paid-in capital 18,456,438 2,362,908 18,154,442
Treasury stock (121,363,408 and 144,498,392 shares as of December 31, 2022 and 2023, respectively) (5,199,257) (665,641) (4,324,565)
Accumulated other comprehensive loss (49,433) (6,329) (47,846)
Retained earnings 11,360,890 1,454,492 7,079,416
Total shareholders' equity 24,568,736 3,145,442 20,861,544
Non-controlling interest 2,995 383 235
Total equity 24,571,731 3,145,825 20,861,779
Total liabilities and equity 97,135,847 12,435,933 94,502,830
Class A ordinary shares      
SHAREHOLDERS' EQUITY      
Ordinary shares 71 9 68
Class B ordinary shares      
SHAREHOLDERS' EQUITY      
Ordinary shares $ 27 $ 3 $ 29