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Lufax Holding (Lufax Holding) Net Margin % : -15.60% (As of Mar. 2024)


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What is Lufax Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lufax Holding's Net Income for the three months ended in Mar. 2024 was $-121 Mil. Lufax Holding's Revenue for the three months ended in Mar. 2024 was $775 Mil. Therefore, Lufax Holding's net margin for the quarter that ended in Mar. 2024 was -15.60%.

The historical rank and industry rank for Lufax Holding's Net Margin % or its related term are showing as below:

LU' s Net Margin % Range Over the Past 10 Years
Min: -2.6   Med: 27.57   Max: 38.71
Current: -2.6


LU's Net Margin % is ranked worse than
76.62% of 526 companies
in the Credit Services industry
Industry Median: 14.845 vs LU: -2.60

Lufax Holding Net Margin % Historical Data

The historical data trend for Lufax Holding's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lufax Holding Net Margin % Chart

Lufax Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 32.70 27.57 30.77 17.46 3.15

Lufax Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.07 12.77 1.44 -14.83 -15.60

Competitive Comparison of Lufax Holding's Net Margin %

For the Credit Services subindustry, Lufax Holding's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lufax Holding's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Lufax Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lufax Holding's Net Margin % falls into.



Lufax Holding Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lufax Holding's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=124.207/3937.784
=3.15 %

Lufax Holding's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-120.872/774.683
=-15.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lufax Holding  (NYSE:LU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Lufax Holding Net Margin % Related Terms

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Lufax Holding (Lufax Holding) Business Description

Traded in Other Exchanges
Address
Jinxiu East Road, Lane 2777, Pudong New District, Shanghai, CHN
Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub.