LU
Price:
$2.55
Market Cap:
$7.55B
Lufax Holding Ltd operates a technology-empowered personal financial services platform in China. It offers loan products, including unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management platforms, such as Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong) to the middle class and affluent investors to invest in products and portfolios; retail credit facilitation services platform that offers small business owners with lending solutions; and technology empowerment solutions for financial institutions. Lufax Holding Ltd was founded in 2005 and is headquartered in Shanghai, China.
Industry
Financial - Credit Services
IPO Date
2020-10-30
Stock Exchange
NYSE
Ticker
LU
According to Lufax Holding Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 7.36. This represents a change of -60.55% compared to the average of 18.66 of the last 4 quarters.
The mean historical Current Ratio of Lufax Holding Ltd over the last ten years is 22.47. The current 7.36 Current Ratio has changed 3.18% with respect to the historical average. Over the past ten years (40 quarters), LU's Current Ratio was at its highest in in the June 2023 quarter at 155.34. The Current Ratio was at its lowest in in the January 2017 quarter at 0.
Average
22.47
Median
17.61
Minimum
7.87
Maximum
69.35
Discovering the peaks and valleys of Lufax Holding Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 259.88%
Maximum Annual Current Ratio = 69.35
Minimum Annual Increase = -86.99%
Minimum Annual Current Ratio = 7.87
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 29.50 | 210.35% |
| 2022 | 9.51 | -50.02% |
| 2021 | 19.02 | 17.39% |
| 2020 | 16.20 | 79.63% |
| 2019 | 9.02 | -86.99% |
| 2018 | 69.35 | 259.88% |
| 2017 | 19.27 | 144.82% |
The current Current Ratio of Lufax Holding Ltd (LU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.34
5-year avg
16.65
10-year avg
22.47
Lufax Holding Ltd’s Current Ratio is greater than Navient Corporation (0.38), greater than Oaktree Specialty Lending Corporation (0.80), greater than Jefferson Capital, Inc. Common Stock (0.05), greater than Better Home & Finance Holding Company (0), greater than Prospect Capital Corporation (0.37), greater than HIVE Digital Technologies Ltd. (2.55), greater than Maiden Holdings, Ltd. 6.625 NT 2046 (0), greater than EZCORP, Inc. (5.61), less than Qfin Holdings, Inc. (10.22), greater than Guild Holdings Company (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.38 | $1.25B | |
| 0.80 | $1.20B | |
| 0.05 | $1.22B | |
| 0 | $759.35M | |
| 0.37 | $1.26B | |
| 2.55 | $789.95M | |
| 0 | $1.20B | |
| 5.61 | $1.16B | |
| 10.22 | $1.22B | |
| 0.12 | $1.25B |
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