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

Lufax Holding (LU) posted quarterly Tax Rate of 219.97% for Q4 2024, down 19662.0% YoY from N/an in Q1 2024, and down 23007.07% sequentially from 0.96% in Q3 2024.

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

Lufax Holding has disclosed Tax Rate across 6 years of filings, most recently posting 219.97% for Q4 2024.

  • In Q4 2024, Tax Rate fell 19662.0% year-over-year to 219.97%; the TTM figure through Dec 2024 stood at 73.34% (down 3616.0% YoY), while the FY2025 annual figure was 196.26%, down 12290.0% from the prior year.
  • Tax Rate fell to 219.97% in Q4 2024, from 0.96% in the prior quarter.
  • Over the last five years, Tax Rate for LU reached as high as 100.28% in Q2 2024 and fell as low as 285.56% in Q1 2024.
  • The 5-year median for Tax Rate is 30.13% (2021), against an average of 42.4%.
  • The widest YoY moves for Tax Rate: up 12388 bps in 2024, down 25129 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 31.88% in 2020, then retreated by 4 bps to 33.26% in 2021, then soared by 201 bps to 33.6% in 2022, then plunged by 169 bps to 23.35% in 2023, then tumbled by 842 bps to 219.97% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 219.97%, 0.96%, and 100.28% for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 16.07%
2 Mastercard 465.55 Bn 455.34 Bn - 19.33%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 21.36%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 20.10%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 4.19%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 16.45%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 20.25%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 22.29%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -17.46%
10 Lufax Holding - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -219.97%
Dec 31, 2024 -219.97%
Sep 30, 2024 0.96%
Sep 30, 2024 0.96%
Jun 30, 2024 100.28%
Jun 30, 2024 100.28%
Mar 31, 2024 -285.56%
Mar 31, 2024 -285.56%
Dec 31, 2023 -23.35%
Dec 31, 2023 -23.35%
Sep 30, 2023 -56.82%
Sep 30, 2023 -56.82%
Jun 30, 2023 -23.61%
Jun 30, 2023 -23.61%
Mar 31, 2023 -34.27%
Mar 31, 2023 -34.27%
Dec 31, 2022 33.60%
Dec 31, 2022 33.60%
Sep 30, 2022 -35.83%
Sep 30, 2022 -35.83%