Lufax Holding (LU) Tax Rate (2019 - 2024)
Lufax Holding (LU) reported Tax Rate of 219.97% for Q4 2024, down 19662.0% year-over-year from N/an in Q1 2024, and down 23007.07% quarter-over-quarter from 0.96% in Q3 2024.
Lufax Holding (LU) Tax Rate (2019 - 2024) Analysis & Trends
Lufax Holding (LU) has 6 years of Tax Rate data on file, last reported at 219.97% in Q4 2024.
- Tax Rate for Q4 2024 came in at 219.97%, down 19662.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 73.34% (down 3616.0% YoY), and the FY2025 annual result was 196.26%, down 12290.0% from the prior year.
- Tax Rate eased to 219.97% in Q4 2024 per LU's latest filing, from 0.96% in the prior quarter.
- Over five years, Tax Rate peaked at 100.28% in Q2 2024 and troughed at 285.56% in Q1 2024.
- A 5-year average of 42.4% and a median of 30.13% in 2021 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 12388 bps in 2024 and fell as far as 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 slumped by 169 bps to 23.35% in 2023, then sank by 842 bps to 219.97% in 2024.
- Business Quant data shows LU's Tax Rate at 219.97% in Q4 2024, 0.96% in Q3 2024, and 100.28% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 16.07% |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 19.33% |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 21.36% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 19.19% |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 20.10% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 23.11% |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 4.19% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 16.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 20.25% |
| 10 | Lufax Holding | 354.37 Mn | -1.21 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |