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| Date | Value |
|---|---|
| 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 |