Lufax Holding (LU) Cost of Revenue (2019 - 2024)

Lufax Holding (LU) posted quarterly Cost of Revenue of $163.5 million for Q3 2024, down 47.91% YoY from $313.9 million in Q4 2023, and down 13.36% sequentially from $188.7 million in Q2 2024.

Lufax Holding (LU) Cost of Revenue (2019 - 2024) Analysis & Trends

Lufax Holding has disclosed Cost of Revenue across 6 years of filings, most recently posting $163.5 million for Q3 2024.

  • In Q3 2024, Cost of Revenue fell 47.91% year-over-year to $163.5 million; the TTM figure through Sep 2024 stood at $845.2 million (down 48.55% YoY), while the FY2023 annual figure was $1.4 billion, down 39.16% from the prior year.
  • Cost of Revenue eased to $163.5 million in Q3 2024, from $188.7 million in the prior quarter.
  • Over the last five years, Cost of Revenue for LU reached as high as $758.7 million in Q4 2021 and fell as low as $163.5 million in Q3 2024.
  • The 5-year median for Cost of Revenue is $572.3 million (2022), against an average of $509.8 million.
  • Annual changes were most pronounced in 2020 — Cost of Revenue soared 30.18% — and 2024, when it sank 52.35%.
  • A 5-year view of Cost of Revenue shows it stood at $748.6 million in 2020, then gained by 1.35% to $758.7 million in 2021, then fell by 29.17% to $537.4 million in 2022, then plunged by 47.4% to $282.7 million in 2023, then tumbled by 42.15% to $163.5 million in 2024.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $163.5 million, $188.7 million, and $210.3 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.48 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 518.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 72.85 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 171.12 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 121.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 17.20 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 121.17 Mn
10 Lufax Holding - - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 163.52 Mn
Sep 30, 2024 163.52 Mn
Jun 30, 2024 188.73 Mn
Jun 30, 2024 188.73 Mn
Mar 31, 2024 210.25 Mn
Mar 31, 2024 210.25 Mn
Dec 31, 2023 282.68 Mn
Dec 31, 2023 282.68 Mn
Sep 30, 2023 313.93 Mn
Sep 30, 2023 313.93 Mn
Jun 30, 2023 350.29 Mn
Jun 30, 2023 350.29 Mn
Mar 31, 2023 441.21 Mn
Mar 31, 2023 441.21 Mn
Dec 31, 2022 537.37 Mn
Dec 31, 2022 537.37 Mn
Sep 30, 2022 572.26 Mn
Sep 30, 2022 572.26 Mn
Jun 30, 2022 521.92 Mn
Jun 30, 2022 521.92 Mn