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| 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% |