Lufax Holding (LU) Tax Provisions (2019 - 2024)

Lufax Holding (LU) posted quarterly Tax Provisions of $441.9 million for Q4 2024, up 1136.94% YoY from $35.7 million in Q1 2024, and up 45057.68% sequentially from -$983000.0 in Q3 2024.

Lufax Holding (LU) Tax Provisions (2019 - 2024) Analysis & Trends

Lufax Holding has disclosed Tax Provisions across 6 years of filings, most recently posting $441.9 million for Q4 2024.

  • In Q4 2024, Tax Provisions rose 1136.94% year-over-year to $441.9 million; the TTM figure through Dec 2024 stood at $213.8 million (up 347.81% YoY), while the FY2025 annual figure was $159.9 million, down 24.69% from the prior year.
  • Tax Provisions climbed to $441.9 million in Q4 2024, from -$983000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for LU reached as high as $441.9 million in Q4 2024 and fell as low as -$293.8 million in Q1 2022.
  • The 5-year median for Tax Provisions is -$177.3 million (2020), against an average of -$118.7 million.
  • The widest YoY moves for Tax Provisions: up 1136.94% in 2024, down 218.14% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$204.3 million in 2020, then fell by 10.88% to -$226.5 million in 2021, then jumped by 87.02% to -$29.4 million in 2022, then soared by 221.57% to $35.7 million in 2023, then jumped by 1136.94% to $441.9 million in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods registered $441.9 million, -$983000.0, and -$50.3 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 1.15 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 930.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 807.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 280.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 4.50 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 32.82 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 81.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 35.00 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -12.57 Mn
10 Lufax Holding - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 441.93 Mn
Sep 30, 2024 -983,000.00
Jun 30, 2024 -50.30 Mn
Mar 31, 2024 -176.89 Mn
Dec 31, 2023 35.73 Mn
Sep 30, 2023 -23.62 Mn
Jun 30, 2023 -42.77 Mn
Mar 31, 2023 -55.60 Mn
Dec 31, 2022 -29.39 Mn
Sep 30, 2022 -106.33 Mn
Jun 30, 2022 -211.46 Mn
Mar 31, 2022 -293.85 Mn
Dec 31, 2021 -226.49 Mn
Sep 30, 2021 -290.69 Mn
Jun 30, 2021 -251.32 Mn
Mar 31, 2021 -267.42 Mn
Dec 31, 2020 -204.27 Mn
Sep 30, 2020 -215.65 Mn
Jun 30, 2020 -177.79 Mn
Mar 31, 2020 -225.89 Mn