Lufax Holding (LU) Asset Writedowns and Impairment (2019 - 2023)

Lufax Holding (LU) has reported Asset Writedowns and Impairment for 5 consecutive years, with -$4.4 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment fell 327.28% year-over-year to -$4.4 million; the TTM figure through Dec 2023 stood at -$67.5 million (up 60.57% YoY), while the FY2023 annual figure was -$4.4 million, up 92.89% from the prior year.
• Asset Writedowns and Impairment declined to -$4.4 million in Q4 2023 per LU's latest filing, from -$1.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at -$8845.5 in Q3 2019 and bottomed at -$108.2 million in Q4 2021.
• Historically, Asset Writedowns and Impairment has averaged -$26.0 million across 5 years, with a median of -$7.0 million in 2022.
• On a YoY basis, Asset Writedowns and Impairment climbed as much as 99.05% in 2022 and fell as far as 16476.03% in 2022.
• Lufax Holding's Asset Writedowns and Impairment stood at -$19.1 million in 2019, then soared by 94.24% to -$1.1 million in 2020, then slumped by 9742.04% to -$108.2 million in 2021, then surged by 99.05% to -$1.0 million in 2022, then slumped by 327.28% to -$4.4 million in 2023.
• Business Quant data shows LU's Asset Writedowns and Impairment at -$4.4 million in Q4 2023, -$1.0 million in Q4 2022, and -$9.6 million in Q3 2022.