Lufax Holding (HKSE:06623) Allowance For Loans And Lease Losses : HK$0 Mil (As of Mar. 2024)

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What is Lufax Holding Allowance For Loans And Lease Losses?

Lufax Holding's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was HK$0 Mil.

Lufax Holding's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$-7,956 Mil) but then increased from Dec. 2023 (HK$-7,956 Mil) to Mar. 2024 (HK$0 Mil).

Lufax Holding's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (HK$-3,372 Mil) to Dec. 2022 (HK$-7,887 Mil) and declined from Dec. 2022 (HK$-7,887 Mil) to Dec. 2023 (HK$-7,956 Mil).

Lufax Holding Allowance For Loans And Lease Losses Historical Data

The historical data trend for Lufax Holding's Allowance For Loans And Lease Losses 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.

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Lufax Holding Allowance For Loans And Lease Losses Chart

Lufax Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1,392.40

-1,172.64

-3,372.03

-7,887.33

-7,955.97

Lufax Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-7,809.56	-	-7,955.97	-

Lufax Holding Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Lufax Holding Allowance For Loans And Lease Losses Related Terms

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Lufax Holding (HKSE:06623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lufax Holding Ltd (HKSE:06623) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

LU:USA 0VU0:Germany

Address

Jinxiu East Road, Lane 2777, Pudong New District, Shanghai, CHN

Website

https://www.lu.com

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.

Executives

Dou Wenwei	2201 Interest of corporation controlled by you
Lanbang Investment Company Limited	2201 Interest of corporation controlled by you
Shi Jingkui	2201 Interest of corporation controlled by you
Tongjun Investment Company Limited	2201 Interest of corporation controlled by you
Tun Kung Company Limited	2101 Beneficial owner
Wang Wenjun	2201 Interest of corporation controlled by you
Yang Xuelian	2201 Interest of corporation controlled by you
An Ke Technology Company Limited	2101 Beneficial owner
Shenzhen Ping An Financial Technology Consulting Co., Ltd.	2201 Interest of corporation controlled by you
China Ping An Insurance Overseas (holdings) Limited	2101 Beneficial owner
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Lufax Holding (HKSE:06623) Headlines

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