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

Lufax Holding (LU) reported 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 6 years of Tax Provisions data on file, last reported at $441.9 million in Q4 2024.

  • Tax Provisions for Q4 2024 came in at $441.9 million, up 1136.94% year-over-year; the trailing twelve-month figure through Dec 2024 was $213.8 million (up 347.81% YoY), and the FY2025 annual result was $159.9 million, down 24.69% from the prior year.
  • Tax Provisions grew to $441.9 million in Q4 2024 per LU's latest filing, from -$983000.0 in the prior quarter.
  • Over five years, Tax Provisions peaked at $441.9 million in Q4 2024 and troughed at -$293.8 million in Q1 2022.
  • A 5-year average of -$118.7 million and a median of -$177.3 million in 2020 frame the typical range for Tax Provisions.
  • On a YoY basis, Tax Provisions climbed as much as 1136.94% in 2024 and fell as far as 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.
  • 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 1.15 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 930.00 Mn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 807.00 Mn
4 Capital One Financial 112.47 Bn 35.97 Bn - 518.00 Mn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 280.00 Mn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 242.00 Mn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 4.50 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 32.82 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 81.00 Mn
10 Lufax Holding 354.37 Mn -1.21 Bn - -

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