Lufax Holding Ltd (LU)

NYSE: LU · Real-Time Price · USD
3.030
-0.130 (-4.11%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-4.11%
Market Cap 2.63B
Revenue (ttm) 4.85B
Net Income (ttm) -332.05M
Shares Out 866.66M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 42.90
Dividend $0.16 (5.15%)
Ex-Dividend Date Jun 4, 2024
Volume 4,732,064
Open 2.760
Previous Close 3.160
Day's Range 2.670 - 3.030
52-Week Range 2.000 - 4.940
Beta 0.78
Analysts Hold
Price Target 3.78 (+24.75%)
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]

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 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 Statements

Analyst Forecast

According to 2 analysts, the average rating for LU stock is "Hold." The 12-month stock price forecast is $3.78, which is an increase of 24.75% from the latest price.

Price Target
$3.78
(24.75% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

22 hours ago - PRNewsWire

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...

6 days ago - PRNewsWire

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...

18 days ago - GuruFocus

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% ...

5 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: BABADOYUPDD
3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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 ...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - Seeking Alpha

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...

6 months 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...

6 months ago - PRNewsWire

Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript

Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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.

7 months 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...

7 months 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 months ago - PRNewsWire

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...

9 months ago - Seeking Alpha

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...

11 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...

1 year 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...

1 year ago - Invezz

Lufax Holding Ltd (LU) Q3 2023 Earnings Call Transcript

Lufax Holding Ltd (NYSE:LU) Q3 2023 Earnings Conference Call November 13, 2023 8:00 PM ET Company Participants Liu Xinyan - Head of Board Office and Capital Markets Y. S. Cho - Co-CEO and Chairman Gr...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire