LU Q3 2022 Earnings Report — Lufax Holding Ltd Revenue & Financial Results | Market Cap Arena

Lufax Holding LtdLU

Q3 2022 Earnings

Reported November 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2022	Q2 2022	Q3 2021	QoQ Change	YoY Change
Revenue	$1.7B	—	$2.1B	—	-18.7%
Op. Income	$308M	—	$875M	—	-64.7%
Gross Margin	63.2%	—	87.2%	—	-23.9pp
Net Margin	11.4%	—	28.9%	—	-17.5pp
EPS (Diluted)	$0.68	—	$1.93	—	-65.0%
Free Cash Flow	$346M	—	$250M	—	38.3%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$623M
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$595M
General & Administrative	$87M
SG&A Expenses	$681M
Other Expenses	$82M
Operating Expenses	$763M
Cost & Expenses	$1.4B
OPERATING INCOME	$308M
Interest Income	$675M
Interest Expense	$45M
Other Income/Expenses	$0
INCOME BEFORE TAX	$308M
Income Tax Expense	$111M
Net Income from Continuing Ops	$198M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$194M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$194M
D&A	$0
EBIT	$308M
EBITDA	$308M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$623M
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$595M
General & Administrative	$87M
SG&A Expenses	$681M
Other Expenses	$82M
Operating Expenses	$763M
Cost & Expenses	$1.4B
OPERATING INCOME	$308M
Interest Income	$675M
Interest Expense	$45M
Other Income/Expenses	$0
INCOME BEFORE TAX	$308M
Income Tax Expense	$111M
Net Income from Continuing Ops	$198M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$194M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$194M
D&A	$0
EBIT	$308M
EBITDA	$308M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$194M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$152M
Change in Working Capital	$0
OPERATING CASH FLOW	$346M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$812M
NET CASH FROM INVESTING	-$812M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$652M
NET CASH FROM FINANCING	$652M
FREE CASH FLOW	$346M
Net Change in Cash	$215M

Balance Sheet

Item	Amount
Cash & Equivalents	$6.8B
Short-Term Investments	$0
Net Receivables	$1.8B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$8.6B
PP&E (Net)	$158M
Goodwill	$1.3B
Intangible Assets	$130M
Long-Term Investments	$38.1B
Tax Assets	$581M
Other Non-Current Assets	$5.3B
TOTAL NON-CURRENT ASSETS	$45.6B
TOTAL ASSETS	$54.2B
Account Payables	$26M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$308M
Long-Term Debt	$8.6B
Deferred Revenue NC	$404M
Deferred Tax Liabilities	$138M
Other Non-Current Liabilities	$30.7B
TOTAL NON-CURRENT LIABILITIES	$40.0B
TOTAL LIABILITIES	$40.3B
Common Stock	$11.0K
Additional Paid-In Capital	$3.8B
Retained Earnings	$9.6B
Treasury Stock	-$824M
Accum. Other Comp. Income	$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.7B
Minority Interest	$232M
TOTAL EQUITY	$13.9B
TOTAL LIABILITIES & EQUITY	$54.2B
Total Debt	$8.7B
Net Debt	$1.9B