Lufax Holding (LU) Asset Writedowns and Impairment (2019 - 2023)
Lufax Holding (LU) reported Asset Writedowns and Impairment of -$4.4 million for Q4 2023, down 327.28% year-over-year from $1.9 million in Q4 2022, and down 327.28% quarter-over-quarter from -$1.0 million in Q4 2022.
Lufax Holding (LU) Asset Writedowns and Impairment (2019 - 2023) Analysis & Trends
Lufax Holding (LU) has 5 years of Asset Writedowns and Impairment data on file, last reported at -$4.4 million in Q4 2023.
- Asset Writedowns and Impairment for Q4 2023 came in at -$4.4 million, down 327.28% year-over-year; the trailing twelve-month figure through Dec 2023 was -$67.5 million (up 60.57% YoY), and the FY2023 annual result was -$4.4 million, up 92.89% from the prior year.
- Asset Writedowns and Impairment retreated to -$4.4 million in Q4 2023 per LU's latest filing, from -$1.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at -$8845.5 in Q3 2019 and troughed at -$108.2 million in Q4 2021.
- A 5-year average of -$26.0 million and a median of -$7.0 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- 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.
- A 5-year view of Asset Writedowns and Impairment shows it stood at -$19.1 million in 2019, then surged by 94.24% to -$1.1 million in 2020, then sank by 9742.04% to -$108.2 million in 2021, then jumped by 99.05% to -$1.0 million in 2022, then sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn |
| 10 | Lufax Holding | 354.37 Mn | -1.21 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -4.40 Mn |
| Dec 31, 2023 | -4.40 Mn |
| Dec 31, 2022 | -1.03 Mn |
| Dec 31, 2022 | -1.03 Mn |
| Sep 30, 2022 | -9.57 Mn |
| Sep 30, 2022 | -9.57 Mn |
| Jun 30, 2022 | -52.55 Mn |
| Jun 30, 2022 | -52.55 Mn |
| Dec 31, 2021 | -108.16 Mn |
| Dec 31, 2021 | -108.16 Mn |
| Sep 30, 2021 | -63.56 Mn |
| Sep 30, 2021 | -63.56 Mn |
| Jun 30, 2021 | -317,000.00 |
| Jun 30, 2021 | -317,000.00 |
| Dec 31, 2020 | -1.10 Mn |
| Dec 31, 2020 | -1.10 Mn |
| Dec 31, 2019 | -19.09 Mn |
| Dec 31, 2019 | -19.09 Mn |
| Sep 30, 2019 | -8,845.45 |
| Sep 30, 2019 | -8,845.45 |