CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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| Revenue: | ||||
| Fee and commission income | $ 116,534,000 | $ 54,277,000 | $ 213,940,000 | $ 97,616,000 |
| Net gain on trading securities | 175,252,000 | 8,302,000 | 185,152,000 | 17,386,000 |
| Interest income | 20,063,000 | 4,948,000 | 38,140,000 | 9,197,000 |
| Net gain on foreign exchange operations | 1,622,000 | 3,020,000 | 434,000 | 2,772,000 |
| Net loss on derivative assets | (656,000) | (837,000) | (715,000) | (846,000) |
| TOTAL REVENUE, NET | 312,815,000 | 69,710,000 | 436,951,000 | 126,125,000 |
| Expense: | ||||
| Fee and commission expense | 22,968,000 | 20,021,000 | 44,832,000 | 29,790,000 |
| Interest expense | 16,185,000 | 4,699,000 | 30,457,000 | 8,443,000 |
| Operating expense | 36,569,000 | 15,867,000 | 66,888,000 | 30,293,000 |
| Provision for impairment losses | 366,000 | 1,044,000 | 659,000 | 666,000 |
| Other expense/(income) , net | 653,000 | (68,000) | 664,000 | (95,000) |
| TOTAL EXPENSE | 76,741,000 | 41,563,000 | 143,500,000 | 69,097,000 |
| NET INCOME BEFORE INCOME TAX | 236,074,000 | 28,147,000 | 293,451,000 | 57,028,000 |
| Income tax expense | (31,562,000) | (4,584,000) | (37,231,000) | (9,189,000) |
| NET INCOME | 204,512,000 | 23,563,000 | 256,220,000 | 47,839,000 |
| Less: Net (loss)/income attributable to non-controlling interest in subsidiary | (20,000) | (127,000) | (72,000) | 296,000 |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | 204,532,000 | 23,690,000 | 256,292,000 | 47,543,000 |
| OTHER COMPREHENSIVE INCOME/(LOSS) | ||||
| Reclassification adjustment relating to available-for-sale securities disposed of in the period, net of tax effect | 0 | 0 | 0 | 71,000 |
| Foreign currency translation adjustments, net of tax effect | 930,000 | (10,919,000) | 4,230,000 | (2,286,000) |
| COMPREHENSIVE INCOME BEFORE NON-CONTROLLING INTERESTS | 205,442,000 | 12,644,000 | 260,450,000 | 45,624,000 |
| Less: Comprehensive income/(loss) attributable to non-controlling interest in subsidiary | (20,000) | (127,000) | (72,000) | 296,000 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | $ 205,462,000 | $ 12,771,000 | $ 260,522,000 | $ 45,328,000 |
| BASIC NET INCOME PER COMMON SHARE | $ 3.44 | $ 0.40 | $ 4.33 | $ 0.82 |
| DILUTED NET INCOME PER COMMON SHARE | $ 3.44 | $ 0.40 | $ 4.33 | $ 0.82 |
| Weighted average number of shares (basic) | 59,510,976 | 58,358,212 | 59,220,800 | 58,358,212 |
| Weighted average number of shares (diluted) | 59,510,976 | 58,462,138,000 | 59,220,800 | 58,460,058 |
| X | ||||||||||
- Definition Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, man No definition available.
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Primarily represents commissions incurred in the period based upon the sale by commissioned employees or third parties of the entity's goods or services, and fees for sales assistance or product enhancements performed by third parties (such as a distributor or value added reseller). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease), resulting in a gain, in the difference between the fair value and the carrying value, or in the comparative fair values, of securities held at each balance sheet date, that was included in earnings for the period. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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