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| 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 |