Lufax Holding (LU) Gains from Investment Securities (2022)
Lufax Holding (LU) posted quarterly Gains from Investment Securities of $1.4 billion for Q3 2024, down 44.98% YoY from $2.6 billion in Q4 2023, and down 49.41% sequentially from $2.8 billion in Q2 2024.
Lufax Holding (LU) Gains from Investment Securities (2022) Analysis & Trends
Lufax Holding has disclosed Gains from Investment Securities across 6 years of filings, most recently posting $1.4 billion for Q3 2024.
- In Q3 2024, Gains from Investment Securities fell 44.98% year-over-year to $1.4 billion; the TTM figure through Sep 2024 stood at $9.9 billion (down 34.25% YoY), while the FY2023 annual figure was $2.6 billion, down 39.22% from the prior year.
- Gains from Investment Securities eased to $1.4 billion in Q3 2024, from $2.8 billion in the prior quarter.
- Over the last five years, Gains from Investment Securities for LU reached as high as $4.9 billion in Q1 2022 and fell as low as $1.2 billion in Q1 2020.
- The 5-year median for Gains from Investment Securities is $3.6 billion (2021), against an average of $3.3 billion.
- Annual changes were most pronounced in 2020 — Gains from Investment Securities surged 251.38% — and 2024, when it tumbled 44.98%.
- A 5-year view of Gains from Investment Securities shows it stood at $3.6 billion in 2020, then increased by 14.06% to $4.2 billion in 2021, then grew by 3.0% to $4.3 billion in 2022, then tumbled by 39.22% to $2.6 billion in 2023, then tumbled by 45.44% to $1.4 billion in 2024.
- According to Business Quant data, Gains from Investment Securities over the past three periods registered $1.4 billion, $2.8 billion, and $3.1 billion for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Lufax Holding | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -77.02 Mn |
| Dec 31, 2022 | -77.02 Mn |