Lufax Holding Ltd
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products. The compan… Read more
Lufax Holding Ltd (LU) - Total Assets
Latest total assets as of September 2024: $206.45 Billion USD
Based on the latest financial reports, Lufax Holding Ltd (LU) holds total assets worth $206.45 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Lufax Holding Ltd - Total Assets Trend (2016–2023)
This chart illustrates how Lufax Holding Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lufax Holding Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Lufax Holding Ltd's total assets of $206.45 Billion consist of 19.4% current assets and 80.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.9% |
| Accounts Receivable | $5.35 Billion | 2.3% |
| Inventory | $-28.89 Billion | -12.2% |
| Property, Plant & Equipment | $581.21 Million | 0.3% |
| Intangible Assets | $874.92 Million | 0.4% |
| Goodwill | $8.91 Billion | 3.8% |
Asset Composition Trend (2016–2023)
This chart illustrates how Lufax Holding Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lufax Holding Ltd's current assets represent 19.4% of total assets in 2023, a decrease from 21.9% in 2016.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2023, up from 8.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 7.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 3.8% of total assets.
Lufax Holding Ltd Competitors by Total Assets
Key competitors of Lufax Holding Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Lufax Holding Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Lufax Holding Ltd generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Lufax Holding Ltd generates $ 0.37 in net profit.
Lufax Holding Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.36 | 6.03 | 9.02 |
| Quick Ratio | 7.36 | 9.12 | 16.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $38.48 Billion | $ 40.98 Billion | $ 21.24 Billion |
Lufax Holding Ltd - Advanced Valuation Insights
This section examines the relationship between Lufax Holding Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.20 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -32.1% |
| Total Assets | $237.02 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Lufax Holding Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lufax Holding Ltd's assets decreased by 32.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lufax Holding Ltd (2016–2023)
The table below shows the annual total assets of Lufax Holding Ltd from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $237.02 Billion | -32.14% |
| 2022-12-31 | $349.26 Billion | -3.10% |
| 2021-12-31 | $360.43 Billion | +44.82% |
| 2020-12-31 | $248.89 Billion | +66.44% |
| 2019-12-31 | $149.53 Billion | +26.81% |
| 2018-12-31 | $117.92 Billion | -34.62% |
| 2017-12-31 | $180.36 Billion | +34.23% |
| 2016-12-31 | $134.36 Billion | -- |