UP Fintech Holding Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.37
Dividend & YieldN/A$ (N/A)
Beta 1.09
Market capitalization 754.44M
Operating cash flow N/A
ESG Scores unknown

Company description

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services. The company also provides trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. In addition, it offers market information, community engagement, investor education, and simulated trading services. The company was founded in 2014 and is based in Beijing, China.

Sector: Financial Services - Industry: Capital Markets

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.32M 538.43M 1.35B 757.76M
Total Cashflows From Investing Activities -35.12M -22.04M 43.56M 10.92M
Net Borrowings -1.1M -1.1M 154.91M 154.91M
Total Cash From Financing Activities 79.53M 114.91M -8.37M 330.88M
Change To Operating Activities -8.8M 5.02M 6.02M 3.41M
Issuance Of Stock 179.53k 118.43M 5.32k 177.19M
Net Income -43.21M -6.59M 16.06M 14.69M
Change In Cash 23.04M 336.22M 570.28M 753.29M
Effect Of Exchange Rate -189.16k 45.69k -194.55k -1.72M
Total Cash From Operating Activities -21.17M 243.31M 535.28M 413.2M
Depreciation 473.73k 752.17k 928.41k 1.34M
Change To Account Receivables 775.63k -284.54M -868.74M -374.87M
Other Cashflows From Financing Activities 2.2M -3.22M -6.2M -1.22M
Change To Netincome 30.49M -3.13M 14.26M 13.13M
Capital Expenditures -1.68M -1.32M -978.14k -4.97M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -46.17M -9.31M 22.03M 19.05M
Net Income -43.21M -6.59M 16.06M 14.69M
Selling General Administrative 44.24M 55.35M 84.4M 175.25M
Gross Profit 29.74M 45.55M 105.43M 192.84M
Ebit
Operating Income -14.49M -9.8M 21.03M 17.59M
Interest Expense
Income Tax Expense -1.87M -3.36M 2.85M 4.36M
Total Revenue 33.56M 54.56M 128.39M 246.11M
Cost Of Revenue 3.82M 9.01M 22.97M 53.26M
Total Other Income ExpenseNet -31.67M 491.79k 996.56k 1.46M
Net Income From Continuing Ops -44.29M -5.95M 19.18M 14.69M
Net Income Applicable To Common Shares -43.21M -6.59M 16.06M 14.69M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 16.99M 594.03M 1.96B 2.87B
Total Stockholder Equity -24.41M 211.94M 235.69M 446.63M
Other Current Liabilities 1.92M 3.98M 6.54M 15.3M
Total Assets 115.22M 809.06M 2.19B 3.32B
Common Stock 5.54k 21.15k 21.32k 22.82k
Other Current Assets 37.73M 70.99M 24.45M 14.13M
Retained Earnings -66.39M -72.98M -56.92M -42.23M
Treasury Stock -544.99k -866.42k 754.37k 4.49M
Cash 34.41M 59.41M 79.65M 269.06M
Total Current Liabilities 16.99M 587.59M 1.95B 2.72B
Other Stockholder Equity -544.99k -866.42k 2.93M 6.67M
Property, Plant, and Equipment 1.33M 7.19M 8.91M 11.76M
Total Current Assets 96.47M 754.86M 2.15B 3.27B
Net Tangible Assets -25.41M 201.45M 225.2M 435.24M
Net Receivables 17.63M 306.56M 1.18B 1.55B
Accounts Payable 6.56M 567.61M 1.92B 2.68B


Insider Transactions

Here are the insider transactions of stock shares related to UP Fintech Holding Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to UP Fintech Holding Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on UP Fintech Holding Ltd

Here is the result of two systematic investment strategies applied to UP Fintech Holding Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on UP Fintech Holding Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to UP Fintech Holding Ltd:

UP Fintech Holding Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 159.97% on the backtest period.

Performance at glance

Performance

159.97 %

Latent gain

1986.75 $

Invested capital

1241.94 $

Annualized return

60.59 %
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Momentum strategy results on UP Fintech Holding Ltd

This is the result of two momentum investment strategies applied to UP Fintech Holding Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on UP Fintech Holding Ltd

The following chart shows all the entries opened by the momentum investment system on UP Fintech Holding Ltd:

UP Fintech Holding Ltd momentum entries
  • The first momentum investment strategy would give 152.35% of return on UP Fintech Holding Ltd. That represents 5334.39$ of latent gain with 3501.42$ of employed capital.
  • The second momentum investment strategy would give 139.31% of return on UP Fintech Holding Ltd. That represents 4876.1$ of latent gain with 3500.11$ of employed capital.
Performance at glance (1Q Momentum)

Performance

152.35 %

Latent gain

5334.39 $

Invested capital

3501.42 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

139.31 %

Latent gain

4876.1 $

Invested capital

3500.11 $

Annualized return

64.5 %

Momentum equity curve on UP Fintech Holding Ltd

The following chart shows the equity curve of the two momentum strategies applied to UP Fintech Holding Ltd:

UP Fintech Holding Ltd momentum equity

Note: the dividends potentially given by UP Fintech Holding Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on UP Fintech Holding Ltd

The following chart shows the employed capital evolution of the two momentum strategies on UP Fintech Holding Ltd since the beginning:

UP Fintech Holding Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on UP Fintech Holding Ltd

Buy the dip entry openings on UP Fintech Holding Ltd

UP Fintech Holding Ltd

The performance achieved by the robo-advisor on UP Fintech Holding Ltd is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows UP Fintech Holding Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of UP Fintech Holding Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to UP Fintech Holding Ltd

The following chart shows the result of the investment strategy applied to UP Fintech Holding Ltd:

UP Fintech Holding Ltd

Note: the dividends potentially given by UP Fintech Holding Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on UP Fintech Holding Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on UP Fintech Holding Ltd:

UP Fintech Holding Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on UP Fintech Holding Ltd

In this section, I will compare the three previous investment strategies applied to UP Fintech Holding Ltd.

Equity curve comparison on UP Fintech Holding Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

UP Fintech Holding Ltd investment strategy comparison

Employed capital comparison on UP Fintech Holding Ltd

UP Fintech Holding Ltd investment comparison

Performance comparison on UP Fintech Holding Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 159.97% 1986.75$ 1241.94$ 60.59%
Momentum 1 quarter 152.35% 5334.39$ 3501.42$ 63.48%
Momentum 2 quarters 139.31% 4876.1$ 3500.11$ 64.5%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

60.59 %

Momentum 1Q

64.5 %

Momentum 2Q

64.5 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with UP Fintech Holding Ltd:

Positive correlations

Most correlated stocks this year

  • UP Fintech Holding Ltd

  • Most correlated stocks last 3 months

  • UP Fintech Holding Ltd

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between UP Fintech Holding Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of UP Fintech Holding Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name UP Fintech Holding Ltd
    Country China
    City Beijing
    Address Grandyvic Building
    Phone 86 10 5621 6660
    Website www.itigerup.com
    FullTime employees 1134
    Industry Capital Markets
    Sector Financial Services
    Exchange XNAS
    Ticker TIGR
    Market www.nasdaq.com

    UP Fintech Holding Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown