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UP Fintech Holding posts low returns, underperforming peers in capital efficiency

Market News
23 Mar 2026
Gordon Thompson
View Source
Bearish
pluang ai news

UP Fintech Holding Ltd. (NASDAQ:TIGR) shows a Return on Invested Capital (ROIC) of 2.83%, which is below its cost of capital (WACC) at 8.80%, indicating it struggles to generate sufficient returns. Compared to competitors like Futu Holdings and Qifu Technology, which have better ROIC/WACC ratios, TIGR's capital efficiency is weak. Tencent Music Entertainment leads the sector with a strong ROIC of 12.75%, highlighting the gap in performance. This suggests TIGR needs to improve its financial efficiency to compete effectively in the online brokerage market targeting Chinese investors.

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