Lufax Holding Ltd (LU) - Net Assets
Based on the latest financial reports, Lufax Holding Ltd (LU) has net assets worth $82.04 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($208.11 Billion) and total liabilities ($126.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LU tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $82.04 Billion |
| % of Total Assets | 39.42% |
| Annual Growth Rate | 21.41% |
| 5-Year Change | -13.18% |
| 10-Year Change | N/A |
| Growth Volatility | 29.81 |
Lufax Holding Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Lufax Holding Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Lufax Holding Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lufax Holding Ltd (2016–2025)
The table below shows the annual net assets of Lufax Holding Ltd from 2016 to 2025. For live valuation and market cap data, see LU market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $82.09 Billion | +0.39% |
| 2024-12-31 | $81.77 Billion | -12.71% |
| 2023-12-31 | $93.68 Billion | -1.16% |
| 2022-12-31 | $94.79 Billion | +0.24% |
| 2021-12-31 | $94.56 Billion | +13.72% |
| 2020-12-31 | $83.15 Billion | +72.71% |
| 2019-12-31 | $48.15 Billion | +37.76% |
| 2018-12-31 | $34.95 Billion | +64.57% |
| 2017-12-31 | $21.24 Billion | +48.30% |
| 2016-12-31 | $14.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lufax Holding Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6002294700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $56.73 Billion | 71.02% |
| Common Stock | $117.07K | 0.00% |
| Other Comprehensive Income | $1.75 Billion | 2.19% |
| Other Components | $21.40 Billion | 26.79% |
| Total Equity | $79.88 Billion | 100.00% |
Lufax Holding Ltd Competitors by Market Cap
The table below lists competitors of Lufax Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jihua Group Corp Ltd
SHG:601718
|
$1.16 Billion |
|
RLJ Lodging Trust
NYSE:RLJ
|
$1.16 Billion |
|
Avanos Medical Inc
NYSE:AVNS
|
$1.16 Billion |
|
Corbion NV
AS:CRBN
|
$1.16 Billion |
|
Asana Inc
NYSE:ASAN
|
$1.16 Billion |
|
Kodiak AI, Inc. Common Stock
NASDAQ:KDK
|
$1.16 Billion |
|
Preferred Bank
NASDAQ:PFBC
|
$1.16 Billion |
|
thyssenkrupp nucera AG & Co. KGaA
XETRA:NCH2
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lufax Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 81,772,702,000 to 79,880,998,000, a change of -1,891,704,000 (-2.3%).
- Net loss of 2,040,527,108 reduced equity.
- Other comprehensive income increased equity by 1,747,614,000.
- Other factors decreased equity by 1,598,790,892.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.04 Billion | -2.55% |
| Other Comprehensive Income | $1.75 Billion | +2.19% |
| Other Changes | $-1.60 Billion | -2.0% |
| Total Change | $- | -2.31% |
Book Value vs Market Value Analysis
This analysis compares Lufax Holding Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $26.90 | $1.36 | x |
| 2017-12-31 | $39.90 | $1.36 | x |
| 2018-12-31 | $64.91 | $1.36 | x |
| 2019-12-31 | $88.61 | $1.36 | x |
| 2020-12-31 | $150.63 | $1.36 | x |
| 2021-12-31 | $139.08 | $1.36 | x |
| 2022-12-31 | $165.22 | $1.36 | x |
| 2023-12-31 | $163.33 | $1.36 | x |
| 2024-12-31 | $47.18 | $1.36 | x |
| 2025-12-31 | $184.34 | $1.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lufax Holding Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.25%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.61x
- Recent ROE (-2.55%) is below the historical average (14.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 28.09% | 18.44% | 0.18x | 8.49x | $3.84 Billion |
| 2018 | 38.97% | 33.52% | 0.34x | 3.37x | $10.13 Billion |
| 2019 | 27.69% | 30.46% | 0.29x | 3.11x | $8.52 Billion |
| 2020 | 14.86% | 24.23% | 0.20x | 2.99x | $4.04 Billion |
| 2021 | 17.77% | 25.85% | 0.18x | 3.81x | $7.35 Billion |
| 2022 | 9.18% | 12.60% | 0.20x | 3.68x | $-779.30 Million |
| 2023 | 0.95% | 2.13% | 0.18x | 2.53x | $-8.48 Billion |
| 2024 | -4.73% | -15.79% | 0.12x | 2.49x | $-12.05 Billion |
| 2025 | -2.55% | -7.25% | 0.14x | 2.61x | $-10.03 Billion |
Industry Comparison
This section compares Lufax Holding Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,362,476,965
- Average return on equity (ROE) among peers: 6.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lufax Holding Ltd (LU) | $82.04 Billion | 28.09% | 1.54x | $1.16 Billion |
| Affirm Holdings Inc (AFRM) | $2.73 Billion | -18.95% | 2.48x | $21.03 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $1.49 Billion | 13.91% | 20.04x | $1.71 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $1.72 Billion | 12.06% | 19.66x | $142.66 Million |
| AIOS Tech Inc. (AIOS) | $189.80 Million | 9.28% | 0.49x | $3.53 Million |
| Ally Financial Inc (ALLY) | $20.49 Billion | 5.25% | 7.40x | $12.59 Billion |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $158.11 Million |
| Atlanticus Holdings Corporation (ATLC) | $738.20 Million | 13.64% | 0.36x | $1.34 Billion |
| American Express Company (AXP) | $22.00 Billion | 31.46% | 7.59x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $3.33 Billion | 15.57% | 5.81x | $4.10 Billion |
| Credit Acceptance Corporation (CACC) | $928.10 Million | 32.29% | 2.65x | $5.46 Billion |
About Lufax Holding Ltd
Lufax Holding Ltd engages in the retail credit and enablement business to borrowers and institutions in the People's Republic of China. It offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management products, such as asset management plans, bank products, mutual fund products, private investment fund pro… Read more