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