Lufax Holding Ltd (LU)
Market Cap | 2.13B |
Revenue (ttm) | 4.67B |
Net Income (ttm) | -482.08M |
Shares Out | 866.68M |
EPS (ttm) | -0.77 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.16 (6.34%) |
Ex-Dividend Date | Jun 4, 2024 |
Volume | 3,841,328 |
Open | 2.390 |
Previous Close | 2.410 |
Day's Range | 2.390 - 2.490 |
52-Week Range | 2.000 - 4.940 |
Beta | 0.78 |
Analysts | Hold |
Price Target | 3.58 (+45.53%) |
Earnings Date | Oct 21, 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]
Financial Performance
In 2023, Lufax Holding's revenue was 41.68 billion, a decrease of -39.62% compared to the previous year's 69.03 billion. Earnings were 886.87 million, a decrease of -89.81%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for LU stock is "Hold." The 12-month stock price forecast is $3.58, which is an increase of 45.53% from the latest price.
News
Top 3 Financial Stocks That Are Ticking Portfolio Bombs
As of Dec. 10, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Changes in Board and Committee Composition
SHANGHAI , Nov. 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 announce...
Lufax Holding Ltd (LU) Q3 2024 Earnings Call Transcript
Lufax Holding Ltd (NYSE:LU) Q3 2024 Results Conference Call October 21, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Suk Cho - Co-CEO & Chairman of ...
Lufax Reports Third Quarter 2024 Financial Results
SHANGHAI , Oct. 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 announce...
Lufax to Announce Third Quarter 2024 Financial Results on October 21, 2024
SHANGHAI , Oct. 15, 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 announce...
Mixed Performance for Chinese Stocks with HXC Index Down 2.37%
Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufa...
Lufax: Look Past Q2 Performance And Focus On Strategic Pivot
Lufax's Q2 net loss and interim dividend omission were disappointing, but LU is expected to resume dividend payouts and deliver positive earnings in fiscal 2025. LU's strategic pivot towards the 100% ...
Lufax Holding Ltd (LU) Q2 2024 Earnings Call Transcript
Lufax Holding Ltd (NYSE:LU) Q2 2024 Results Conference Call August 21, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Suk Cho - Co-CEO & Chairman of t...
Lufax Reports Second Quarter 2024 Financial Results
SHANGHAI , Aug. 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 announce...
Lufax to Announce Second Quarter 2024 Financial Results on August 21, 2024
SHANGHAI , Aug. 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 announce...
China's So Cheap, We're Seeing 50% Yield Special Dividends!
Two Chinese companies, Lufax Holdings and DouYu, recently announced special dividends that yielded 50% for shareholders who held immediately after the payouts were announced. The Lufax special dividen...
Lufax Stock: Watch Future Dividends And Loan Metrics
Lufax is an attractive dividend play, considering its high-single-digit percentage consensus forward FY 2025/26 dividend yields. Lufax's loan-related metrics like loan mix and take rate for the most r...
Lufax Announces Results of Annual General Meeting
SHANGHAI , May 30, 2024 /PRNewswire/ -- Lufax Holding Ltd (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced the results of its annual ...
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...
Lufax Holding Ltd (LU) Q1 2024 Earnings Call Transcript
Lufax Holding Ltd (NYSE:LU) Q1 2024 Earnings Conference Call April 22, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Cho - Co-CEO & Chairman of the B...
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...
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...
Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript
Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript
Lufax: Massive Special Dividend Overshadows Below-Expectations Results (Rating Upgrade)
Lufax Holding declared a substantial special dividend of $2.42 per ADS on the day of its results announcement, which translated into a one-off dividend yield of 49.3%. LU's recent fourth-quarter resul...
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.
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...
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...
Lufax: Lower Funding Cost To Drive Loan Growth
The stock has been under pressure in recent times due to macro weakness in China. Despite risks, I consider Lufax's current price attractive. I rate the stock a buy with a 1-year target price upside p...
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...
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...