LU Q1 2020 Earnings Report — Lufax Holding Ltd Revenue & Financial Results | Market Cap Arena

Lufax Holding LtdLU

Q1 2020 Earnings

Reported March 31, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.7B	—	-0.3%
Op. Income	$842M	—	$829M	—	1.5%
Gross Margin	91.9%	—	89.9%	—	2.0pp
Net Margin	35.6%	—	31.7%	—	3.9pp
EPS (Diluted)	$2.24	—	$1.93	—	15.9%
Free Cash Flow	$427M	—	$133M	—	221.5%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$139M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$586M
General & Administrative	$161M
SG&A Expenses	$747M
Other Expenses	-$8M
Operating Expenses	$740M
Cost & Expenses	$878M
OPERATING INCOME	$842M
Interest Income	$201M
Interest Expense	$65M
Other Income/Expenses	$0
INCOME BEFORE TAX	$842M
Income Tax Expense	$230M
Net Income from Continuing Ops	$612M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$612M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$612M
D&A	$0
EBIT	$842M
EBITDA	$842M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$139M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$586M
General & Administrative	$161M
SG&A Expenses	$747M
Other Expenses	-$8M
Operating Expenses	$740M
Cost & Expenses	$878M
OPERATING INCOME	$842M
Interest Income	$201M
Interest Expense	$65M
Other Income/Expenses	$0
INCOME BEFORE TAX	$842M
Income Tax Expense	$230M
Net Income from Continuing Ops	$612M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$612M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$612M
D&A	$0
EBIT	$842M
EBITDA	$842M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$612M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$185M
Change in Working Capital	$0
OPERATING CASH FLOW	$427M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$227M
NET CASH FROM INVESTING	-$227M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$47M
NET CASH FROM FINANCING	-$47M
FREE CASH FLOW	$427M
Net Change in Cash	$152M

Balance Sheet

Item	Amount
Cash & Equivalents	-$3.8B
Short-Term Investments	$7.6B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.8B
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	-$3.8B
TOTAL NON-CURRENT ASSETS	-$3.8B
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	$7.0B
Other Equity	$15M
TOTAL STOCKHOLDERS' EQUITY	$7.0B
Minority Interest	$0
TOTAL EQUITY	$7.0B
TOTAL LIABILITIES & EQUITY	$7.0B
Total Debt	$0
Net Debt	$3.8B