Lufax Holding Balance Sheet Health
Financial Health criteria checks 5/6
Lufax Holding has a total shareholder equity of CN¥92.8B and total debt of CN¥47.9B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥229.9B and CN¥137.1B respectively. Lufax Holding's EBIT is CN¥14.1B making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥72.3B.
Key information
51.6%
Debt to equity ratio
CN¥47.87b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥72.29b |
| Equity | CN¥92.83b |
| Total liabilities | CN¥137.08b |
| Total assets | CN¥229.91b |
Recent financial health updates
No updates
Recent updates
Lufax Holding Ltd (NYSE:LU) Analysts Just Slashed This Year's Estimates
Mar 30
Lufax: Massive Special Dividend Overshadows Below-Expectations Results (Rating Upgrade)
Mar 22Lufax: Peer Comparison Offers Mixed Read-Throughs
Jan 29Lufax Holding Ltd (NYSE:LU) Analysts Just Cut Their EPS Forecasts Substantially
Nov 17Lufax Takes On More Risk, Makes Hong Kong Acquisition, As Its Lending Shrivels
Nov 14Lufax Holding's (NYSE:LU) Dividend Will Be Reduced To CN¥0.0312
Aug 28Lufax: Both Results And Outlook Were Disappointing
Aug 24The Consensus EPS Estimates For Lufax Holding Ltd (NYSE:LU) Just Fell Dramatically
Aug 24Lufax: Likely Undervalued, Eyeing Support Ahead Of Q2 Results
Jul 10Fintech Lufax Seeks Dual Listing As Pandemic Hits Profits
Feb 11Lufax: Debt Growth Slowdown
Jan 24Some Lufax Holding Ltd (NYSE:LU) Analysts Just Made A Major Cut To Next Year's Estimates
Dec 02Lufax: Net-Net Financial Leader Aligned With China Strategy
Nov 07Chinese fintech stocks sink after Q3 GDP report, Xi starts third term
Oct 24Lufax Holding goes ex-dividend tomorrow
Oct 11Lufax: Asset Quality And Regulatory Issues In The Limelight
Sep 06Another China-based company, Lufax seeks HongKong listing
Aug 15Lufax: Buying Opportunity With 100% Upside
Jun 08Lufax Readies Dividend Plan As It Projects Regulatory Confidence
Jan 28Financial Position Analysis
Short Term Liabilities: LU's short term assets (CN¥209.8B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: LU's short term assets (CN¥209.8B) exceed its long term liabilities (CN¥129.7B).
Debt to Equity History and Analysis
Debt Level: LU has more cash than its total debt.
Reducing Debt: LU's debt to equity ratio has reduced from 60.9% to 51.6% over the past 5 years.
Debt Coverage: LU's debt is well covered by operating cash flow (25.6%).
Interest Coverage: LU's interest payments on its debt are not well covered by EBIT (1.8x coverage).