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
DateValue
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