Lufax Holding 将来の成長
Future 基準チェック /36
Lufax Holding利益と収益がそれぞれ年間75.5%と2.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に2.8% 59.9%なると予測されています。
主要情報
75.5%
収益成長率
59.88%
EPS成長率
| Consumer Finance 収益成長 | 12.3% |
| 収益成長率 | 2.2% |
| 将来の株主資本利益率 | 2.75% |
| アナリストカバレッジ | Low |
| 最終更新日 | 19 Aug 2026 |
今後の成長に関する最新情報
Recent updates
新しいナラティブ • Aug 19
Regulatory Pressure And Weak SME Demand Will Shape A Gradual Earnings Recovery
Catalysts About Lufax Holding Lufax Holding provides financing solutions to small business owners and consumer borrowers in China. What are the underlying business or industry changes driving this perspective?Seeking Alpha • Mar 18
Lufax: A 38% Yield Put Strategy Based On $4.63 Billion In Excess Capital
Summary Lufax trades at just 0.22x tangible book, with $9.58B TBV and $8.66B in net cash and investments, far exceeding its market cap. SBO is downsizing, with a $1.8B loan loss wall, far more than actual charge-offs; PACF now drives growth with stable 1.1%–1.3% NPLs. LU holds $4.63B in excess capital, with Ping An’s 74% stake providing governance, funding advantages, and a credible floor to downside risk. Extreme Stress Test: Even under a worst 10% charge-off scenario, total equity impairment would be capped at just $820M—a mere 8.5% hit to TBV. The downside is structurally floored. I am selling fully cash-secured $2.00 puts (Jan 2027), targeting a 38% annualized yield; assignment implies acquiring LU at just 14% of TBV. Read the full article on Seeking AlphaSeeking Alpha • Apr 25
Lufax Holding: Well Poised For A New Economic Era Proposed By China
Summary China’s economic pivot away from the US dollar and towards the yuan positions, Lufax Holdings to benefit from increased international yuan trade and potential Chinese business dominance. Lufax Holdings is undervalued, trading at a 75% discount to equity, presenting a significant margin of safety for investors despite current financial losses. Despite risks like potential Western sanctions, current tariffs and currency volatility, Lufax Holdings is a buy due to its deep value and strategic positioning within China’s economic plans. Lufax should stop paying dividends and instead buy back its own undervalued shares to increase market capital and benefit shareholders. Read the full article on Seeking AlphaSeeking Alpha • Dec 24
Lufax: Stimulus In China, Quarterly Improvements, And Dirt Cheap
Summary Lufax is well-positioned to benefit from China's recent stimulus policies, with significant business connections and expertise in offering business loans. The company's recent quarterly report shows improved delinquency rates, a substantial increase in new loans, and a 24.1% rise in cumulative borrowers. Despite a decrease in net income, LU's solid balance sheet and undervaluation suggest significant room for stock price improvement, with a target price of $12 per ADS. Potential risks include regulatory challenges and lower demand due to the company's operations and asset locations in China. Read the full article on Seeking Alpha分析記事 • Oct 22
There's No Escaping Lufax Holding Ltd's (NYSE:LU) Muted Revenues Despite A 33% Share Price Rise
Lufax Holding Ltd ( NYSE:LU ) shareholders would be excited to see that the share price has had a great month, posting...Seeking Alpha • Sep 10
Lufax: Look Past Q2 Performance And Focus On Strategic Pivot
Summary Lufax's Q2 net loss and interim dividend omission were disappointing, but LU is expected to resume dividend payouts and deliver positive earnings in fiscal 2025. LU's strategic pivot towards the 100% guarantee business model and consumer finance loans have yielded decent results, considering the take rate improvement and consumer finance loans' strong growth. My Buy rating for Lufax remains intact, taking into account the potential turnaround next year and the significant progress made with its strategic pivot. Read the full article on Seeking AlphaSeeking Alpha • Jun 06
Lufax Stock: Watch Future Dividends And Loan Metrics
Summary Lufax is an attractive dividend play, considering its high-single-digit percentage consensus forward FY 2025/26 dividend yields. Lufax's loan-related metrics like loan mix and take rate for the most recent quarter were pretty good, and this bodes well for Lufax's future financial performance. I leave my Buy rating for LU stock unchanged after evaluating the company's latest quarterly loan metrics and its dividend outlook. Read the full article on Seeking Alpha分析記事 • Mar 30
Lufax Holding Ltd (NYSE:LU) Analysts Just Slashed This Year's Estimates
Market forces rained on the parade of Lufax Holding Ltd ( NYSE:LU ) shareholders today, when the analysts downgraded...Seeking Alpha • Mar 22
Lufax: Massive Special Dividend Overshadows Below-Expectations Results (Rating Upgrade)
Summary Lufax Holding declared a substantial special dividend of $2.42 per ADS on the day of its results announcement, which translated into a one-off dividend yield of 49.3%. LU's recent fourth-quarter results were below the market's expectations, but the company's loan mix has become more favorable with an increase in contribution from consumer finance. I upgrade my rating for Lufax to a Buy, considering its massive special dividend and the positive read-through relating to the loan mix from its latest results announcement. Read the full article on Seeking AlphaSeeking Alpha • Jan 29
Lufax: Peer Comparison Offers Mixed Read-Throughs
Summary Lufax posted relatively weaker user growth numbers as compared to the company's key peers in December last year and the early part of this year. The market already expects LU's top line to contract in FY 2024, and Lufax is now trading at a discount to its peers on metrics like P/E and P/S. I retain a Hold rating for Lufax after taking into account the results of my peer comparison exercise. Read the full article on Seeking Alpha分析記事 • Nov 17
Lufax Holding Ltd (NYSE:LU) Analysts Just Cut Their EPS Forecasts Substantially
Market forces rained on the parade of Lufax Holding Ltd ( NYSE:LU ) shareholders today, when the analysts downgraded...Seeking Alpha • Nov 14
Lufax Takes On More Risk, Makes Hong Kong Acquisition, As Its Lending Shrivels
Summary Lufax’s new loan originations fell 59% in the third quarter, as creditworthy customers became harder to find in China’s slowing economy. The online lender announced it will purchase a Hong Kong-based virtual bank from sister company OneConnect for HK$933 million, in a move to diversify beyond Mainland China. Lufax shares fell nearly 5% in after-market trading in New York after the release of its latest quarterly report late on Monday. Read the full article on Seeking Alpha分析記事 • Aug 28
Lufax Holding's (NYSE:LU) Dividend Will Be Reduced To CN¥0.0312
Lufax Holding Ltd's ( NYSE:LU ) dividend is being reduced from last year's payment covering the same period to...Seeking Alpha • Aug 24
Lufax: Both Results And Outlook Were Disappointing
Summary The Q2 2023 top line and EBIT for LU came in below the market's consensus estimates. Lufax's near-term outlook is poor, considering the management's expectations of a significant contraction in new loans for 2H 2023. Lufax's shares are still rated as a Hold, rather than a Sell, as LU's valuations are inexpensive. Read the full article on Seeking Alpha分析記事 • Aug 24
The Consensus EPS Estimates For Lufax Holding Ltd (NYSE:LU) Just Fell Dramatically
One thing we could say about the analysts on Lufax Holding Ltd ( NYSE:LU ) - they aren't optimistic, having just made a...Seeking Alpha • Jul 10
Lufax: Likely Undervalued, Eyeing Support Ahead Of Q2 Results
Summary China's reopening has seen a decline in the technology sector, with cyclical financials and tech companies suffering from regulatory crackdowns and a soft post-COVID reopening. Lufax Holding, a fintech company, is seen as an opportunity due to its low price-to-book ratio; it is a leading technology-empowered personal financial services platform in China. Despite a tough economic period, Lufax is considered undervalued and offers potential for investors, although prudent risk management is advised due to China's uncertain economic situation. I outline key price levels on the chart to monitor its Q2 results in August. Read the full article on Seeking AlphaSeeking Alpha • Feb 11
Fintech Lufax Seeks Dual Listing As Pandemic Hits Profits
Summary Online loans facilitator Lufax posted a 31% drop in profits in the first nine months of last year and expects a loss in the last quarter as the pandemic hurt its small and micro clients. To reduce risks, Lufax has scaled back lending activities using its own capital. Once the stock makes its Hong Kong debut, the market will be looking to see if investors are willing to increase its value. Ping An-backed Lufax has applied to have its shares traded in Hong Kong as well as the U.S., following in the footsteps of dual-listed fintech firms OneConnect and 360 DigiTech. In October 2020, two Chinese fintech stars were poised for blockbuster IPOs. Ant Group's share sale was cancelled at the last minute, but its competitor managed to go public in New York as planned, just days before Chinese regulators launched a crackdown on online lenders. Online loan facilitator Lufax Holding Ltd.(LU), a subsidiary of Ping An Insurance ([[PNGAY]]; 2318.HK; 601318.SH), is now seeking to list shares in Hong Kong as well as the U.S. on a dual-primary basis, while an IPO by Ant Group, the financial arm of Alibaba Group ([[BABA]]; 9988.HK), is still pending. Lufax is 41% owned by Ping An and draws on credit guarantees from the insurance group for loans to small businesses, which have struggled during the pandemic. Although regulatory action did not derail its U.S. listing, the finance platform still came under strict scrutiny along with other online finance firms over the past two years. In January, the Chinese central bank confirmed that 14 major platform companies, including Lufax, Ant Group and 360 DigiTech ([[QFIN]];3660.HK), had completed a required restructuring process. Lufax wasted little time in filing on Feb 1. for a dual primary listing In Hong Kong by introduction, a process of placing already issued shares that does not raise any extra funds. Lufax was the second-biggest provider of non-traditional financial services in China as of the middle of last year, with nearly 18% of the market for outstanding loans to small and micro businesses, according to a report cited in its preliminary prospectus. The top five players together held around 68% of the relatively concentrated market. Its earnings have been buffeted by the Covid pandemic. Lufax reported revenues of 52 billion yuan ($7.67 billion) in 2020, rising to 61.8 billion yuan a year later and dipping to 45.8 billion yuan in the first nine months of last year. Profits came in at 12.3 billion yuan in 2020 and 16.7 billion yuan in 2021, while the first three quarters of last year saw a profit of 9.58 billion yuan. The nine-month revenue was 0.4% below the prior-year period, while profits fell nearly 31% as Covid flare-ups disrupted business across China. The company has predicted a net loss for the fourth quarter. Pandemic problems Small and micro businesses have always been a crucial engine for China's economic growth. By the end of 2021, China had around 140 million such enterprises generating more than 60% of GDP. Meanwhile, Lufax had 6.6 million small and micro business customers by the end of last September, with their total credit standing at 63.65 billion yuan. But growth was badly squeezed during the pandemic, when many small businesses could not operate remotely, instead relying on customers visiting their premises. Stringent pandemic controls took a heavy toll on business activities, curtailing firms' willingness to borrow and their ability to service their debt. As a result, providing relief to these companies is a priority for the post-Covid recovery phase. According to Lufax, 85% of new credit in the first nine months last year, excluding consumer finance, went to small and micro businesses. Profits came under pressure as more customers fell behind on payments, while losses from credit depreciation piled up and credit costs rose. During the nine-month period, the company's total additional lending fell a year-on-year 15.9% to 417.6 billion yuan. Small and micro businesses reported more defaults and credit impairment losses grew to 10.29 billion yuan, 150% higher than the year-earlier period and equivalent to 22.5% of revenue during the period. To cut the risk exposure on its loan portfolio, Lufax made less of its own capital available for lending. But its business faces regulatory and policy uncertainty, as Chinese authorities seek to contain risks in the online microlending sector. Lufax said in its prospectus it had suspended loan funding for three microlending subsidiaries since Chinese regulators issued a consultation paper last year on rules governing online microlending. It shut down its microloan operations in the southern city of Shenzhen and in Hunan province. It also moved to offline microlending at its operations in the western city of Chongqing. Currently, Lufax works with commercial banks and trust funds under a co-financing model, with credit insurance from Ping An Property & Casualty Insurance and its subsidiary Ping An Puhui Enterprises Management on co-financed loans to meet the risk management requirements of its capital providers. Ping An Property & Casualty Insurance provided insurance or guarantees on around 71% of outstanding loans managed by Ping An Puhui by the end of last September. Data on business information website Tianyancha shows that Ping An Puhui has subsidiaries in 29 Chinese provinces and is a key source of credit enhancement for Lufax's loans. Facing policy risks However, a central bank ruling in 2021 could hinder Ping An Puhui's efforts to provide finance guarantees across provincial borders through a network of subsidiaries. The central bank said six types of financial institutions, including finance guarantee companies, should be regarded as local institutions, meaning that are not, in principle, allowed to carry out inter-provincial business. Firms operating across province borders would have to follow transition plans developed by financial regulators.Seeking Alpha • Jan 24
Lufax: Debt Growth Slowdown
Summary Despite the solid performance of the top 10 fintech companies, Lufax underperformed its competitors in Q3 2022 with its revenues down 22.5%. We believe the company's revenue growth was impacted by Covid-19 lockdowns across China as well as new regulations related to online lending platform loan funding requirements. We conservatively forecasted its Retail Credit segment revenue at a 5-year forward average of -3.2%. In this analysis of Lufax Holding Ltd (LU), we examined the company following its poor performance in 2022 with its Q3 revenues down 22.5%. We compared it against the top 10 fintech companies based on its Q3 performance and guidance. Moreover, we then analyzed the Chinese market loan growth to understand if the debt crisis in China had affected the company. Finally, we analyzed its retail credit segment breakdown by loan volume, and customer and revenue growth and forecasted its revenue growth for the next 5 years. Lufax Performed Poorly to Fintech Competitors Q3 2022 Revenue ('mln') TTM Revenue ('mln') Revenue Growth YoY % Q3 % Analyst Revenue Difference Stock Price Change (Q4 2022) Q4 Guidance YoY Types American Express (AXP) 50,831 24.0% -0.1% 9.20% 24.0% Card Network Visa (V) 29,310 18.7% 3.1% 17.12% 18.0% Card Network PayPal Holdings (PYPL) 27,057 10.8% 0.4% -18.02% 9.0% Payment Facilitators Mastercard (MA) 21,640 15.5% 1.7% 22.46% 17.0% Card Network Fiserv (FISV) 17,115 2.6% 0.0% 8.47% 11.0% Merchant Acquiring Block, Inc. (SQ) 16,964 17.6% 1.1% 14.42% 19.0% Payment Facilitators FIS (FIS) 14,483 2.7% -0.3% -10.22% 6.5% Merchant Acquiring Intuit Inc. (INTU) 13,319 29.5% 3.8% 0.49% 11.0% Financial & Accounting Software Lufax Holding 10,652 -25.5% -7.6% -23.62% -7.0% Online Lending Global Payments (GPN) 8,691 -6.5% 1.0% -8.08% 10.5% Merchant Acquiring Average 9.0% 0.31% 1.22% 11.90% Source: Lufax, Khaveen Investments Based on the table above, the top 10 fintech companies had positive growth in Q3 2022 with an average of 9%. Only two companies which were Lufax and Global Payments had negative growth in the quarter. In terms of analyst consensus expectations, the top 10 companies were on average in line with analyst estimates with 3 companies (American Express, Lufax and FIS Global) underperforming with a negative difference. Furthermore, 4 companies' stock prices declined in Q3 while the average stock price change was flat. Notwithstanding, the average revenue guidance for Q4 is positive and higher than the average revenue growth in Q3, thus indicating a potential acceleration in the top 10 companies' growth outlook. By Fintech types, the Card Network providers had the best performance in Q3 with an average revenue growth of 19.4% YoY in the period, higher than the top 10 companies' average of 9%. Based on Insider Intelligence, Visa and Mastercard had strong cross-border volume growth of 44% and 38% respectively and boosted their volume growth. According to Visa, travel across the US was strong and Asia Pacific and Latin America recovered. Card network providers such as Visa earn international transaction revenue (33% of revenue) for cross-border transaction processing which... arises when the country of origin of the issuer or financial institution originating the transaction is different from that of the beneficiary. In comparison, other fintech companies such as Payment Facilitators like PayPal earn transaction revenues charged on merchants and have a lower exposure to international transactions with a low cross-border % of TPV of 16% in 2021. Overall, despite the solid performance of the top 10 fintech companies, Lufax underperformed its competitors in Q3 2022. Affected by Lockdowns and Regulations Lufax Revenue Forecasts ($ mln) 2019 2020 2021 2022F Average Retail Credit 5,566 6,047 5,586 4,388 Growth rate % 8.6% -7.6% -21.4% -6.8% Wealth Management 369 270 341 285 Growth rate % -26.8% 26.3% -16.3% -5.6% Other Income 1,062 2,280 5,111 4,484 Growth rate % 114.6% 124.2% -12.3% 75.5% Total Revenues 6,997 8,597 11,038 9,157 Growth rate % 22.9% 28.4% -17.0% 11.4% Source: Lufax, Khaveen Investments In Q3 2022, Lufax's revenue had declined by 25% YoY and by % YTD 2022. In the table above, we prorated the company's segmental revenue breakdown from Q1 to Q3 2022 for its retail credit, wealth management and other income to obtain its full-year 2022 forecasted revenue which is a decline of 17% which is in contrast with its positive growth in the prior year and its 3-year average growth rate of 11.4%. From the table, our 2022 prorated revenue shows all 3 of its segments declining with retail credit having the highest decline. Its competitor Ant Group's consumer financing unit also performed poorly with a decline in net profit by 63% in Q2 2022 according to Bloomberg. According to the company's earnings briefing in Q3 2022, the company's "revenue was negatively impacted by the economic environment". Thus, we examined the loan growth rate in China to determine whether it was mainly affected by the macroeconomic environment. Investing.com, Khaveen Investments According to Investing.com, China's loan growth rate had been decelerating in the past 5 years since 2018. The average loan growth rate in China in the past 5 years was 12.4% but had further declined to an average of 12.2% in 2021 and slowed down sharply in 2022 with an average of 11.1%. Thus, since China's loan growth rate had slowed down in the past 5 years, we believe this not to be the main factor for Lufax's slowdown. Since 2020, China had imposed lockdowns across various cities in the country. In 2020, it imposed lockdowns in 19 cities but only 1 city was a sub-provincial city, Wuhan, with more than 11 mln population. Furthermore, in 2021, it reimposed lockdowns in Shijiazhuang and Xi'an with more than 8 mln population as its retail credit revenue contracted compared to 2020. In 2022, it imposed lockdowns on its largest city, Shanghai and Shenzhen as the company's retail credit revenue decline accelerated in 2022.分析記事 • Dec 02
Some Lufax Holding Ltd (NYSE:LU) Analysts Just Made A Major Cut To Next Year's Estimates
Market forces rained on the parade of Lufax Holding Ltd ( NYSE:LU ) shareholders today, when the analysts downgraded...業績と収益の成長予測
| 日付 | 収益 | 収益 | フリー・キャッシュフロー | 営業活動によるキャッシュ | 平均アナリスト数 |
|---|---|---|---|---|---|
| 12/31/2028 | 29,336 | 2,873 | N/A | N/A | 1 |
| 12/31/2027 | 27,229 | 1,633 | N/A | N/A | 1 |
| 12/31/2026 | 26,164 | 2,181 | N/A | N/A | 1 |
| 6/30/2026 | 28,399 | -2,226 | 6,448 | 6,488 | N/A |
| 3/31/2026 | 29,197 | -2,162 | 9,442 | 9,481 | N/A |
| 12/31/2025 | 29,994 | -2,098 | 12,436 | 12,473 | N/A |
| 9/30/2025 | 32,826 | -2,072 | 11,295 | 11,371 | N/A |
| 6/30/2025 | 30,414 | -2,282 | 8,279 | 8,342 | N/A |
| 3/31/2025 | 28,442 | -3,384 | 3,939 | 4,019 | N/A |
| 12/31/2024 | 28,364 | -3,871 | 1,744 | 1,817 | N/A |
| 9/30/2024 | 31,764 | -4,152 | 1,696 | 1,769 | N/A |
| 6/30/2024 | 34,271 | -3,184 | 6,273 | 6,323 | N/A |
| 3/31/2024 | 38,568 | -656 | 12,198 | 12,247 | N/A |
| 12/31/2023 | 41,585 | 810 | 12,669 | 12,720 | N/A |
| 9/30/2023 | 50,629 | 916 | 15,039 | 15,162 | N/A |
| 6/30/2023 | 55,772 | 2,149 | 12,371 | 12,473 | N/A |
| 3/31/2023 | 61,789 | 4,092 | 9,321 | 9,444 | N/A |
| 12/31/2022 | 68,525 | 7,777 | 4,826 | 4,955 | N/A |
| 9/30/2022 | 69,943 | 12,421 | -1,151 | -998 | N/A |
| 6/30/2022 | 72,674 | 15,223 | -1,850 | -1,653 | N/A |
| 3/31/2022 | 72,215 | 17,088 | 1,348 | 1,501 | N/A |
| 12/31/2021 | 70,149 | 16,804 | 4,834 | 4,987 | N/A |
| 9/30/2021 | 63,363 | 16,785 | 3,032 | 3,239 | N/A |
| 6/30/2021 | 60,515 | 14,840 | 6,342 | 6,549 | N/A |
| 3/31/2021 | 58,324 | 13,160 | 5,774 | 5,981 | N/A |
| 12/31/2020 | 56,120 | 12,354 | 6,915 | 7,121 | N/A |
| 9/30/2020 | 52,196 | 11,895 | 8,221 | 8,402 | N/A |
| 6/30/2020 | 50,925 | 13,132 | 4,537 | 4,719 | N/A |
| 3/31/2020 | 49,962 | 13,780 | N/A | 4,142 | N/A |
| 12/31/2019 | 48,721 | 13,332 | N/A | 2,192 | N/A |
| 12/31/2018 | 44,787 | 13,620 | N/A | -1,452 | N/A |
| 12/31/2017 | 35,027 | 5,965 | N/A | 2,675 | N/A |
アナリストによる今後の成長予測
収入対貯蓄率: LUは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.7% ) よりも高い成長率であると考えられます。
収益対市場: LU今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。
高成長収益: LU今後 3 年以内に収益を上げることが予想されます。
収益対市場: LUの収益 ( 2.2% ) US市場 ( 12.9% ) よりも低い成長が予測されています。
高い収益成長: LUの収益 ( 2.2% ) 20%よりも低い成長が予測されています。
一株当たり利益成長率予想
将来の株主資本利益率
将来のROE: LUの 自己資本利益率 は、3年後には低くなると予測されています ( 2.8 %)。
成長企業の発掘
企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/08/21 10:24 |
| 終値 | 2026/08/21 00:00 |
| 収益 | 2026/06/30 |
| 年間収益 | 2025/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
Lufax Holding Ltd 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16
| アナリスト | 機関 |
|---|---|
| Kevin Kwek | Bernstein |
| Emma Xu | BofA Global Research |
| null null | China International Capital Corporation Limited |