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

Lufax Holding has disclosed Asset Writedowns and Impairment across 5 years of filings, most recently posting -$4.4 million for 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 eased to -$4.4 million in Q4 2023, from -$1.0 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for LU reached as high as -$8845.5 in Q3 2019 and fell as low as -$108.2 million in Q4 2021.
• The 5-year median for Asset Writedowns and Impairment is -$7.0 million (2022), against an average of -$26.0 million.
• The widest YoY moves for Asset Writedowns and Impairment: up 99.05% in 2022, down 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 tumbled by 9742.04% to -$108.2 million in 2021, then jumped by 99.05% to -$1.0 million in 2022, then tumbled by 327.28% to -$4.4 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$4.4 million, -$1.0 million, and -$9.6 million for Q4 2023, Q4 2022, and Q3 2022 respectively.