LU Q1 2019 Earnings Report — Lufax Holding Ltd Revenue & Financial Results | Market Cap Arena

Lufax Holding LtdLU

Q1 2019 Earnings

Reported March 30, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2019	Q4 2018	Q1 2018	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.3B	—	33.8%
Op. Income	$829M	—	$881M	—	-6.0%
Gross Margin	89.9%	—	100.0%	—	-10.1pp
Net Margin	31.7%	—	38.5%	—	-6.8pp
EPS (Diluted)	$1.93	—	$1.85	—	4.1%
Free Cash Flow	$133M	—	-$63M	—	311.3%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$174M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$519M
General & Administrative	$174M
SG&A Expenses	$722M
Other Expenses	$0
Operating Expenses	$760M
Cost & Expenses	$934M
OPERATING INCOME	$829M
Interest Income	$35M
Interest Expense	$0
Other Income/Expenses	-$73M
INCOME BEFORE TAX	$756M
Income Tax Expense	$210M
Net Income from Continuing Ops	$546M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$546M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$546M
D&A	$11M
EBIT	$829M
EBITDA	$840M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$174M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$519M
General & Administrative	$174M
SG&A Expenses	$722M
Other Expenses	$0
Operating Expenses	$760M
Cost & Expenses	$934M
OPERATING INCOME	$829M
Interest Income	$35M
Interest Expense	$0
Other Income/Expenses	-$73M
INCOME BEFORE TAX	$756M
Income Tax Expense	$210M
Net Income from Continuing Ops	$546M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$546M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$546M
D&A	$11M
EBIT	$829M
EBITDA	$840M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$546M
Depreciation & Amortization	$29M
Stock-Based Compensation	-$547.2K
Deferred Income Tax	$0
Other Non-Cash Items	-$451M
Change in Working Capital	$18M
OPERATING CASH FLOW	$142M
Capital Expenditure	-$9M
Acquisitions (Net)	-$126M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$260M
NET CASH FROM INVESTING	$125M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$306M
NET CASH FROM FINANCING	-$306M
FREE CASH FLOW	$133M
Net Change in Cash	-$39M

Balance Sheet

Item	Amount
Cash & Equivalents	-$5.1B
Short-Term Investments	$10.2B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$5.1B
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	-$5.1B
TOTAL NON-CURRENT ASSETS	-$5.1B
TOTAL ASSETS	$0
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$0
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$5.1B
Other Equity	$3M
TOTAL STOCKHOLDERS' EQUITY	$5.1B
Minority Interest	$0
TOTAL EQUITY	$5.1B
TOTAL LIABILITIES & EQUITY	$5.1B
Total Debt	$0
Net Debt	$5.1B