Lufax Holding (LU) Operating Expenses (2019 - 2024)
Lufax Holding (LU) posted quarterly Operating Expenses of $4.6 billion for Q4 2024, up 507.67% YoY from $750.5 million in Q1 2024, and up 611.13% sequentially from -$892.3 million in Q3 2024.
Lufax Holding (LU) Operating Expenses (2019 - 2024) Analysis & Trends
Lufax Holding has disclosed Operating Expenses across 6 years of filings, most recently posting $4.6 billion for Q4 2024.
- In Q4 2024, Operating Expenses rose 507.67% year-over-year to $4.6 billion; the TTM figure through Dec 2025 stood at $3.7 billion (up 93.74% YoY), while the FY2025 annual figure was $1.5 billion, down 19.92% from the prior year.
- Operating Expenses rose to $4.6 billion in Q4 2024, from -$892.3 million in the prior quarter.
- Over the last five years, Operating Expenses for LU reached as high as $4.6 billion in Q4 2024 and fell as low as -$1.9 billion in Q4 2022.
- The 5-year median for Operating Expenses is -$1.3 billion (2021), against an average of -$1.0 billion.
- Annual changes were most pronounced in 2020 — Operating Expenses sank 36.57% — and 2024, when it jumped 507.67%.
- A 5-year view of Operating Expenses shows it stood at -$1.4 billion in 2020, then declined by 29.22% to -$1.8 billion in 2021, then declined by 3.89% to -$1.9 billion in 2022, then soared by 40.28% to -$1.1 billion in 2023, then jumped by 507.67% to $4.6 billion in 2024.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.6 billion, -$892.3 million, and -$872.5 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | Lufax Holding | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 4.56 Bn |
| Sep 30, 2024 | -892.29 Mn |
| Jun 30, 2024 | -872.51 Mn |
| Mar 31, 2024 | -902.53 Mn |
| Dec 31, 2023 | -1.12 Bn |
| Sep 30, 2023 | -1.06 Bn |
| Jun 30, 2023 | -1.10 Bn |
| Mar 31, 2023 | -1.31 Bn |
| Dec 31, 2022 | -1.87 Bn |
| Sep 30, 2022 | -1.56 Bn |
| Jun 30, 2022 | -1.63 Bn |
| Mar 31, 2022 | -1.60 Bn |
| Dec 31, 2021 | -1.80 Bn |
| Sep 30, 2021 | -1.54 Bn |
| Jun 30, 2021 | -1.31 Bn |
| Mar 31, 2021 | -1.30 Bn |
| Dec 31, 2020 | -1.40 Bn |
| Sep 30, 2020 | -1.39 Bn |
| Jun 30, 2020 | -1.17 Bn |
| Mar 31, 2020 | -1.04 Bn |