Lufax Holding (LU) Tax Provisions (2019 - 2024)
Lufax Holding (LU) posted quarterly Tax Provisions of $441.9 million for Q4 2024, up 1136.94% year-over-year from $35.7 million in Q1 2024, and up 45057.68% quarter-over-quarter from -$983000.0 in Q3 2024.
Lufax Holding (LU) Tax Provisions (2019 - 2024) Analysis & Trends
Lufax Holding (LU) has reported Tax Provisions for 6 consecutive years, with $441.9 million the latest figure, recorded in 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 improved to $441.9 million in Q4 2024 per LU's latest filing, from -$983000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $441.9 million in Q4 2024 and bottomed at -$293.8 million in Q1 2022.
- Historically, Tax Provisions has averaged -$118.7 million across 5 years, with a median of -$177.3 million in 2020.
- On a YoY basis, Tax Provisions climbed as much as 1136.94% in 2024 and fell as far as 218.14% in 2024.
- Lufax Holding's Tax Provisions stood at -$204.3 million in 2020, then retreated by 10.88% to -$226.5 million in 2021, then surged by 87.02% to -$29.4 million in 2022, then jumped by 221.57% to $35.7 million in 2023, then surged by 1136.94% to $441.9 million in 2024.
- Business Quant data shows LU's Tax Provisions at $441.9 million in Q4 2024, -$983000.0 in Q3 2024, and -$50.3 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 1.21 Bn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 1.10 Bn |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 961.00 Mn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 798.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 206.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 301.00 Mn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 4.48 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 32.82 Mn |
| 10 | Lufax Holding | 2.51 Bn | -5.06 Bn | - | - |
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 |