Lufax Holding Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Lufax Holding Ltd reported revenue of ($4.0B) (+25.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Technology platform-based income | $5.6B | $8.2B | $15.3B | $29.2B |
| Net interest income | $13.2B | $12.3B | $12.3B | $19.0B |
| Guarantee income | $5.5B | $3.6B | $4.4B | $7.4B |
| Other income | $1.2B | $1.5B | $1.1B | $1.2B |
| Investment income/(loss) | $1.7B | ($1.0B) | — | — |
| Share of net loss of investments accounted for using the equity method | $0 | ($691.0K) | ($5.4M) | ($218.0K) |
| Total income | $27.1B | $24.5B | $34.3B | $58.1B |
| Sales and marketing expenses | ($4.0B) | ($5.4B) | ($9.9B) | ($15.8B) |
| General and administrative expenses | ($1.9B) | ($2.0B) | ($2.3B) | ($2.8B) |
| Operation and servicing expenses | ($3.8B) | ($5.0B) | ($6.1B) | ($6.4B) |
| Technology and analytics expenses | ($990.8M) | ($1.2B) | ($1.4B) | ($1.9B) |
| Credit impairment losses | ($16.6B) | ($12.6B) | ($12.7B) | ($16.6B) |
| Asset impairment losses | ($28.3M) | $0 | ($31.2M) | ($427.1M) |
| Finance costs | ($258.3M) | ($84.8M) | ($414.0M) | ($1.2B) |
| Other gain/(loss) - net | ($74.1M) | ($252.6M) | $210.3M | $3.5M |
| Total expenses | ($27.7B) | ($26.6B) | ($32.6B) | ($45.1B) |
| Profit/(loss) before income tax expense | ($577.7M) | ($2.1B) | $1.6B | $13.0B |
| Less: Income tax expense | ($1.1B) | ($1.5B) | ($610.6M) | ($4.2B) |
| Owners of the Company | ($2.1B) | ($3.9B) | $886.9M | $8.7B |
| Non-controlling interests | $386.1M | $267.1M | $147.6M | $75.7M |
| Net profit/(loss) for the year | ($1.7B) | ($3.6B) | $1.0B | $8.8B |
| -Exchange differences on translation of foreign operations | $28.4M | ($28.6M) | ($54.4M) | ($289.6M) |
| -Changes in the fair value of financial assets at fair value through other comprehensive income | $7.9M | ($1.1M) | — | — |
| -Exchange differences on translation of foreign operations to the presentation currency | $122.2M | ($90.2M) | ($410.6M) | ($1.3B) |
| Other comprehensive income | $158.5M | ($119.8M) | — | — |
| Owners of the Company | ($1.9B) | ($4.0B) | $421.3M | $7.1B |
| Non-controlling interests | $385.9M | $266.9M | $148.2M | $76.1M |
| Total comprehensive income/(loss) for the year | ($1.6B) | ($3.7B) | $569.5M | $7.2B |
| - Basic earnings/(loss) per share | -$1.21 | -$2.77 | $2.31 | $11.40 |
| - Diluted earnings/(loss) per share | -$1.21 | -$2.77 | $2.31 | $11.37 |
| - Basic earnings/(loss) per ADS | ($2.42) | ($5.54) | $1.54 | $3.8 |
| - Diluted earnings/(loss) per ADS | ($2.42) | ($5.54) | $1.54 | $3.79 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash at bank | $22.1B | $29.9B | $39.6B | $43.9B |
| Restricted cash | $19.0B | $14.1B | $11.1B | $26.5B |
| Financial assets held under resale agreements | $1.6B | $657.0M | — | — |
| Financial assets at fair value through profit or loss | $34.7B | $20.4B | $28.9B | $29.1B |
| Financial assets at fair value through other comprehensive income | $6.2B | $1.2B | — | — |
| Financial assets at amortized cost | $0 | $1.5B | $3.0B | $4.7B |
| Accounts and other receivables and contract assets | $4.2B | $6.2B | $7.3B | $15.8B |
| Loans to customers | $102.3B | $111.5B | $129.7B | $211.4B |
| Deferred tax assets | $7.0B | $6.8B | $5.6B | $5.0B |
| Property and equipment | $54.1M | $64.1M | $180.3M | $322.5M |
| Intangible assets | $911.6M | $956.1M | $874.9M | $885.1M |
| Right-of-use assets | $265.5M | $306.6M | $400.9M | $754.0M |
| Goodwill | $9.2B | $9.2B | $8.9B | $8.9B |
| Other assets | $657.4M | $831.6M | $1.4B | $2.0B |
| Total assets | $208.1B | $203.5B | $237.0B | $349.3B |
| Payable to platform investors | $667.8M | $721.6M | $985.8M | $1.6B |
| Borrowings | $63.5B | $51.1B | $38.8B | $36.9B |
| Customer deposits | $9.5B | $3.9B | — | — |
| Current income tax liabilities | $396.6M | $782.4M | $782.1M | $2.0B |
| Accounts and other payables and contract liabilities | $7.6B | $7.5B | $7.0B | $12.2B |
| Payable to investors of consolidated structured entities | $28.9B | $42.8B | $83.3B | $177.1B |
| Financing guarantee liabilities | $5.6B | $4.2B | $4.2B | $5.8B |
| Deferred tax liabilities | $297.9M | $333.6M | $524.1M | $694.1M |
| Lease liabilities | $259.8M | $302.9M | $386.7M | $748.8M |
| Convertible promissory notes payable | $6.5B | $6.2B | $5.7B | $5.2B |
| Financial assets sold under repurchase agreements | $1.7B | $782.5M | — | — |
| Other liabilities | $1.2B | $1.3B | $1.8B | $2.0B |
| Total liabilities | $126.1B | $119.9B | $143.3B | $254.5B |
| Share capital | $117.0K | $117.0K | $75.0K | $75.0K |
| Share premium | $27.0B | $27.0B | $32.1B | $32.1B |
| Treasury shares | -5.6B | -5.6B | -5.6B | -5.6B |
| Other reserves | $1.7B | $1.6B | $155.8M | $2.2B |
| Retained earnings | $56.7B | $58.8B | $65.5B | $64.6B |
| Total equity attributable to owners of the Company | $79.8B | $81.8B | $92.1B | $93.2B |
| Non-controlling interests | $2.2B | $1.8B | $1.5B | $1.6B |
| Total equity | $82.0B | $83.6B | $93.7B | $94.8B |
| Total liabilities and equity | $208.1B | $203.5B | $237.0B | $349.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash generated from operating activities | $14.3B | $4.2B | $17.8B | $14.7B |
| Income tax paid | ($1.8B) | ($2.3B) | ($2.7B) | ($10.3B) |
| Net cash generated from operating activities | $12.5B | $1.8B | $15.0B | $4.5B |
| Proceeds from sale of investment assets | $66.5B | $63.2B | $67.0B | $99.0B |
| Proceeds from sale of property and equipment | $199.0K | $9.7M | $8.2M | $19.7M |
| Net cash used in acquisition of subsidiaries | ($3.3M) | ($697.4M) | — | — |
| Interest received on investment assets | $1.2B | $852.6M | $970.1M | $1.7B |
| Payment for acquisition of investment assets | ($84.2B) | ($60.7B) | ($73.9B) | ($97.7B) |
| Payment for property and equipment and other long-term assets | ($36.7M) | ($72.6M) | ($48.3M) | ($122.8M) |
| Net cash inflow/(outflow) from disposal of subsidiaries | $466.0K | ($641.0K) | $25.1M | — |
| Net cash generated from/(used in) investing activities | ($16.5B) | $2.7B | ($5.9B) | $8.4B |
| Proceeds from exercise of share-based payment | $129.0K | $2.2M | $252.0K | $95.9M |
| Proceeds from borrowings | $14.0B | $9.0B | $14.6B | $9.0B |
| Repayment of borrowings | ($10.0B) | ($14.2B) | ($18.3B) | ($5.8B) |
| Payment for early redemption and extension of convertible promissory notes payable | $0 | $0 | ($3.6B) | — |
| Repayment of optionally convertible promissory notes payable | $0 | $0 | ($8.3B) | — |
| Repayment of bonds payable | $0 | $0 | ($2.2B) | — |
| Payment for lease liabilities | ($206.4M) | ($289.6M) | ($474.5M) | ($604.2M) |
| Payment for interest expenses | ($528.2M) | ($626.0M) | ($1.5B) | ($1.2B) |
| Payment for dividend declared | $0 | ($5.1B) | ($1.4B) | ($7.7B) |
| Payment for acquisition of non-controlling interests of subsidiary | $0 | $0 | ($199.2M) | $0 |
| Refund of cash reserved for repurchase of ordinary shares | 0 | 0 | 854.6M | — |
| Net cash used in financing activities | $3.3B | ($11.3B) | ($20.6B) | ($9.9B) |
| Effect of exchange rate changes on cash and cash equivalents | ($32.8M) | $17.3M | $404.7M | $57.0M |
| Net increase/(decrease) in cash and cash equivalents | ($709.4M) | ($6.8B) | ($11.1B) | $3.0B |
| Add: Cash and cash equivalents at the beginning of the year | $11.8B | $18.6B | $29.5B | $26.5B |
| Cash and cash equivalents at the end of the year | $11.1B | $11.8B | $18.5B | $29.5B |
Lufax Holding Ltd score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.