Lufax Holding Ltd (LU)

NYSE: LU · IEX Real-Time Price · USD
4.700
+0.060 (1.29%)
May 3, 2024, 4:00 PM EDT - Market closed
1.29%
Market Cap 2.72B
Revenue (ttm) 4.83B
Net Income (ttm) 125.09M
Shares Out 578.50M
EPS (ttm) 0.21
PE Ratio n/a
Forward PE 5.28
Dividend $0.16 (3.32%)
Ex-Dividend Date Jun 4, 2024
Volume 2,029,732
Open 4.710
Previous Close 4.640
Day's Range 4.540 - 4.710
52-Week Range 2.110 - 7.640
Beta 0.91
Analysts Buy
Price Target 7.92 (+68.51%)
Earnings Date Apr 22, 2024

About LU

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 company was founded in 2005 and is headquartered in Shanghai, China. [Read more]

Industry Credit Services
Sector Financials
IPO Date Oct 30, 2020
Employees 36,215
Stock Exchange NYSE
Ticker Symbol LU
Full Company Profile

Financial Performance

In 2023, Lufax Holding's revenue was 34.26 billion, a decrease of -41.06% compared to the previous year's 58.12 billion. Earnings were 886.87 million, a decrease of -89.81%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LU stock is "Buy." The 12-month stock price forecast is $7.92, which is an increase of 68.51% from the latest price.

Price Target
$7.92
(68.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lufax Announces Annual General Meeting on May 30, 2024 and Filing of Its Annual Report on Form 20-F

SHANGHAI , April 23, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announc...

12 days ago - PRNewsWire

Lufax Reports First Quarter 2024 Financial Results

SHANGHAI , April 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announc...

13 days ago - PRNewsWire

Lufax to Announce First Quarter 2024 Financial Results on April 22, 2024

SHANGHAI , April 16, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announc...

19 days ago - PRNewsWire

FinTech IPO Index Soars 5.2% as Lufax Is Up 73% Post-Earnings

There were a few stunning surges this past week with the FinTech IPO Index, which added more than 5% through five sessions. And, as has been seen in the past few weeks, earnings were the key driver.

6 weeks ago - PYMNTS

Lufax Reports Fourth Quarter and Full Year 2023 Financial Results

SHANGHAI , March 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announc...

6 weeks ago - PRNewsWire

Lufax to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 21, 2024

SHANGHAI , March 12, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announc...

7 weeks ago - PRNewsWire

Lufax Announces Receipt of Notice Regarding NYSE Continued Listing Standards and Effectiveness of its ADS Ratio Change

SHANGHAI , Dec. 15, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announce...

5 months ago - PRNewsWire

Lufax Holding Ltd Announces Plan to Implement ADS Ratio Change

SHANGHAI , Nov. 20, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announce...

5 months ago - PRNewsWire

Lufax stock price crashes below $1 but a rebound is still possible

Lufax Holdings (NYSE: LU) stock price was sitting at a record low as concerns about its slow growth continued. The shares have moved below the important support level of $1 after it published weak fin...

6 months ago - Invezz

Lufax Reports Third Quarter 2023 Financial Results

SHANGHAI , Nov. 13, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announce...

6 months ago - PRNewsWire

Lufax to Announce Third Quarter 2023 Financial Results on November 13, 2023

SHANGHAI , Nov. 7, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it plans ...

6 months ago - PRNewsWire

Lufax Reports Second Quarter 2023 Financial Results

SHANGHAI , Aug. 21, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announce...

9 months ago - PRNewsWire

Lufax to Announce Second Quarter 2023 Financial Results on August 21, 2023

SHANGHAI , Aug. 15, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it plans...

9 months ago - PRNewsWire

Changes in Board Composition

SHANGHAI , Aug. 8, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced...

9 months ago - PRNewsWire

Lufax Reports First Quarter 2023 Financial Results

SHANGHAI , May 22, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced...

1 year ago - PRNewsWire

Lufax to Announce First Quarter 2023 Financial Results on May 22, 2023

SHANGHAI , May 16, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it plans ...

1 year ago - PRNewsWire

Lufax Holding Ltd Successfully Listed on the Main Board of The Stock Exchange of Hong Kong

SHANGHAI , April 14, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it has ...

1 year ago - PRNewsWire

Lufax Holding Ltd Announces Results of Extraordinary General Meeting

SHANGHAI , April 12, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that each of...

1 year ago - PRNewsWire

Lufax Holding Ltd Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

SHANGHAI , April 11, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced the proposed...

1 year ago - PRNewsWire

Lufax Makes Further Announcement about Extraordinary General Meeting to be Held on April 12, 2023

SHANGHAI , April 10, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that after c...

1 year ago - PRNewsWire

Lufax Files Its Annual Report on Form 20-F

SHANGHAI , April 7, 2023 /PRNewswire/ --  Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it file...

1 year ago - PRNewsWire

Lufax Reports Fourth Quarter and Full Year 2022 Financial Results

SHANGHAI , March 12, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced its unaudite...

1 year ago - PRNewsWire

Lufax to Announce Fourth Quarter 2022 Financial Results on March 12, 2023

SHANGHAI , March 3, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it plans...

1 year ago - PRNewsWire

Lufax to Hold Extraordinary General Meeting on April 12, 2023

SHANGHAI , Feb. 24, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it has c...

1 year ago - PRNewsWire

Lufax Reports Third Quarter 2022 Financial Results

SHANGHAI , Nov. 23, 2022 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unau...

Other symbols: OCFT
1 year ago - PRNewsWire