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Lufax Holding (Lufax Holding) Allowance For Loans And Lease Losses : $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 $0 Mil.

Lufax Holding's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($0 Mil) to Dec. 2023 ($-1,019 Mil) but then increased from Dec. 2023 ($-1,019 Mil) to Mar. 2024 ($0 Mil).

Lufax Holding's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-432 Mil) to Dec. 2022 ($-1,013 Mil) and declined from Dec. 2022 ($-1,013 Mil) to Dec. 2023 ($-1,019 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
Get a 7-Day Free Trial -178.41 -151.27 -432.37 -1,013.09 -1,018.72

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 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 - -997.01 - -1,018.72 -

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 (Lufax Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lufax Holding Ltd (NYSE:LU) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
UPST QFIN NAVI AGM.A OCSL SLM FINV BFH NNI ENVA V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF
Traded in Other Exchanges
06623:Hong Kong 0VU1: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.