LU Q3 2021 Earnings Report — Lufax Holding Ltd Revenue & Financial Results | Market Cap Arena

Lufax Holding LtdLU

Q3 2021 Earnings

Reported November 10, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2021	Q2 2021	Q3 2020	QoQ Change	YoY Change
Revenue	$2.1B	$2.0B	$1.7B	6.9%	24.5%
Op. Income	$875M	$928M	$529M	-5.7%	65.4%
Gross Margin	87.2%	87.5%	77.3%	-0.3pp	9.9pp
Net Margin	28.9%	35.8%	19.1%	-6.8pp	9.9pp
EPS (Diluted)	$1.93	$2.17	$1.05	-11.0%	84.9%
Free Cash Flow	$250M	$310M	$734M	-19.2%	-65.9%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$268M
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$673M
General & Administrative	$213M
SG&A Expenses	$887M
Other Expenses	$55M
Operating Expenses	$942M
Cost & Expenses	$1.2B
OPERATING INCOME	$875M
Interest Income	$556M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$875M
Income Tax Expense	$274M
Net Income from Continuing Ops	$601M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$603M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$603M
D&A	$0
EBIT	$875M
EBITDA	$875M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$268M
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$673M
General & Administrative	$213M
SG&A Expenses	$887M
Other Expenses	$55M
Operating Expenses	$942M
Cost & Expenses	$1.2B
OPERATING INCOME	$875M
Interest Income	$556M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$875M
Income Tax Expense	$274M
Net Income from Continuing Ops	$601M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$603M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$603M
D&A	$0
EBIT	$875M
EBITDA	$875M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$603M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$353M
Change in Working Capital	$0
OPERATING CASH FLOW	$250M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$374M
NET CASH FROM INVESTING	$374M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$453M
NET CASH FROM FINANCING	-$453M
FREE CASH FLOW	$250M
Net Change in Cash	$174M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.5B
Short-Term Investments	$0
Net Receivables	$3.2B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$7.7B
PP&E (Net)	$169M
Goodwill	$1.3B
Intangible Assets	$232M
Long-Term Investments	$35.3B
Tax Assets	$427M
Other Non-Current Assets	$3.7B
TOTAL NON-CURRENT ASSETS	$41.1B
TOTAL ASSETS	$48.8B
Account Payables	$994M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$994M
Long-Term Debt	$5.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$652M
Other Non-Current Liabilities	$27.8B
TOTAL NON-CURRENT LIABILITIES	$34.2B
TOTAL LIABILITIES	$35.2B
Common Stock	$11.0K
Additional Paid-In Capital	$4.9B
Retained Earnings	$8.0B
Treasury Stock	-$548M
Accum. Other Comp. Income	$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.4B
Minority Interest	$220M
TOTAL EQUITY	$13.6B
TOTAL LIABILITIES & EQUITY	$48.8B
Total Debt	$5.8B
Net Debt	$1.3B