LU Q1 2021 Earnings Report — Lufax Holding Ltd Revenue & Financial Results | Market Cap Arena

Lufax Holding LtdLU

Q1 2021 Earnings

Reported April 27, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2021	Q4 2020	Q1 2020	QoQ Change	YoY Change
Revenue	$2.0B	—	$1.7B	—	16.9%
Op. Income	$982M	—	$842M	—	16.6%
Gross Margin	90.3%	—	91.9%	—	-1.7pp
Net Margin	36.3%	—	35.6%	—	0.7pp
EPS (Diluted)	$2.29	—	$2.24	—	2.2%
Free Cash Flow	$261M	—	$427M	—	-39.0%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$195M
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$619M
General & Administrative	$190M
SG&A Expenses	$809M
Other Expenses	$25M
Operating Expenses	$833M
Cost & Expenses	$1.0B
OPERATING INCOME	$982M
Interest Income	$425M
Interest Expense	$42M
Other Income/Expenses	$0
INCOME BEFORE TAX	$982M
Income Tax Expense	$256M
Net Income from Continuing Ops	$726M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$730M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$730M
D&A	$0
EBIT	$982M
EBITDA	$982M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$195M
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$619M
General & Administrative	$190M
SG&A Expenses	$809M
Other Expenses	$25M
Operating Expenses	$833M
Cost & Expenses	$1.0B
OPERATING INCOME	$982M
Interest Income	$425M
Interest Expense	$42M
Other Income/Expenses	$0
INCOME BEFORE TAX	$982M
Income Tax Expense	$256M
Net Income from Continuing Ops	$726M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$730M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$730M
D&A	$0
EBIT	$982M
EBITDA	$982M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$730M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$469M
Change in Working Capital	$0
OPERATING CASH FLOW	$261M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$561M
NET CASH FROM INVESTING	-$561M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$281M
NET CASH FROM FINANCING	$281M
FREE CASH FLOW	$261M
Net Change in Cash	-$16M

Balance Sheet

Item	Amount
Cash & Equivalents	$3.6B
Short-Term Investments	$0
Net Receivables	$3.3B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$6.9B
PP&E (Net)	$188M
Goodwill	$1.3B
Intangible Assets	$274M
Long-Term Investments	$27.4B
Tax Assets	$425M
Other Non-Current Assets	$4.4B
TOTAL NON-CURRENT ASSETS	$34.0B
TOTAL ASSETS	$40.9B
Account Payables	$649M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$649M
Long-Term Debt	$4.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$774M
Other Non-Current Liabilities	$21.7B
TOTAL NON-CURRENT LIABILITIES	$27.4B
TOTAL LIABILITIES	$28.0B
Common Stock	$11.3K
Additional Paid-In Capital	$4.9B
Retained Earnings	$6.7B
Treasury Stock	-$292
Accum. Other Comp. Income	$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$12.7B
Minority Interest	$229M
TOTAL EQUITY	$12.9B
TOTAL LIABILITIES & EQUITY	$40.9B
Total Debt	$4.9B
Net Debt	$1.4B