OverviewSuggest Edit

Lufax is a provider of a technology-empowered personal financial services platform. It offers business and personal loans, as well as wealth management services. The company addresses the demand for personal lending among small business owners as well as salaried workers.

TypePublic
Founded2005
HQCN
Websitelufaxholding.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Jun 2020)84,830
Job Openings21,561
Revenue (FY, 2020)¥41.2 B(-10%)
Share Price (Jun 2021)$12.5
Cybersecurity ratingBMore

Key People/Management at Lufax Holding

Guangheng Ji

Guangheng Ji

Chairman of the Board
Gregory Dean Gibb

Gregory Dean Gibb

Chief Executive Officer
Rui Li

Rui Li

Director
James Xigui Zheng

James Xigui Zheng

Chief Financial Officer
Yong Suk Cho

Yong Suk Cho

Chief Executive Officer of Puhui
David Siu Kam Choy

David Siu Kam Choy

Chief Financial Officer of Puhui
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Lufax Holding Office Locations

Lufax Holding has an office in
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Lufax Holding Financials and Metrics

Lufax Holding Revenue

Lufax Holding's revenue was reported to be ¥41.22 b in FY, 2020
CNY

Revenue (FY, 2020)

41.2b

Market capitalization (4-Jun-2021)

30.9b

Closing stock price (4-Jun-2021)

12.5

Cash (31-Dec-2020)

23.8b
Lufax Holding's current market capitalization is $30.9 b.
Annual
CNYFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

25.9b38.9b46.3b41.2b

Revenue growth, %

50%19%

Sales and marketing expense

7.5b10.8b14.9b

General and administrative expense

2.8b2.8b2.9b
Quarterly
CNYQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

10.3b11.5b11.5b11.5b12.5b12.1b

Sales and marketing expense

2.7b3.7b3.4b3.8b4.0b4.6b

General and administrative expense

768.0m770.0m749.0m667.0m688.0m659.0m

Operating expense total

5.0b6.0b6.0b6.4b6.4b7.2b
Annual
CNYFY, 2017FY, 2018FY, 2019FY, 2020

Cash

18.7b18.6b7.4b23.8b

Accounts Receivable

116.0b54.5b73.8b

PP&E

706.8m622.9m517.2m424.0m

Goodwill

9.0b9.1b9.0b
Quarterly
CNYQ2, 2020

Cash

15.5b

Accounts Receivable

80.9b

PP&E

441.5m

Goodwill

9.0b
Annual
CNYFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

6.0b13.6b13.3b

Depreciation and Amortization

869.7m951.5m817.3m

Accounts Payable

31.1b(80.1b)17.5b

Cash From Operating Activities

2.7b(1.5b)2.2b7.1b
Quarterly
CNYQ2, 2019Q2, 2020

Net Income

7.5b7.3b

Depreciation and Amortization

403.3m429.8m

Accounts Payable

(7.5b)29.8b

Cash From Operating Activities

1.9b4.5b
CNYFY, 2017

Revenue/Employee

374.6k

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

8.5 x
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Lufax Holding Operating Metrics

Lufax Holding's Borrowers was reported to be 13.4 m in Q2, 2020. Lufax Holding's Registered Users was reported to be 44.7 m in Q2, 2020.
FY, 2017FY, 2018FY, 2019Q2, 2020

Borrowers

7.5 m10.3 m12.4 m13.4 m

Registered Users

33.8 m40.4 m44 m44.7 m

Active Investors

9.6 m11.2 m12.5 m12.8 m

Partners

50
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Lufax Holding Acquisitions / Subsidiaries

Company NameDateDeal Size
Chongqing Jin An Microloan Limited
Gem Alliance Limited
Gem Blazing Limited
Harmonious Splendor Limited
Hunan Ping An Puhui Microloan Co., Ltd.
Jinjiong (Shenzhen) Technology Service Limited
Lufax Holding (Shenzhen) Technology Service Co., Ltd.
Ping An Financing Guarantee (Tianjin) Co., Ltd.
Ping An Puhui Enterprises Management Co., Ltd.
Ping An Puhui Financing Guarantee Co., Ltd.
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Lufax Holding Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Lufax Holding Online and Social Media Presence

Embed Graph

Lufax Holding News and Updates

Lufax stock stumbles out of the gate, opens 14% below IPO price

Lufax Holding Ltd. picked a rough day to go public, as shares of the China-based online lender to small businesses and salaried workers opened 14.0% below the initial public offering price amid a sharp selloff in the broader stock market. The first trade on the NYSE was at $11.60 at 11:33 a.m. East…

Lufax stock indicated to open above IPO price, as China-based lender raised $2.4 billion

Lufax Holding Ltd. said Friday it initial public offering priced at $13.50, as the China-based online lender small businesses and salaried workers raised $2.36 billion. The pricing was that the top of the expected range of between $11.50 to $13.50. The is currently indicated to open on the NYSE at …

Lufax is going public in the US after postponing its original Hong Kong-based IPO

Summary List PlacementLufax aims to raise up to $2.4 billion at a valuation of around $30 billion, and expects to start trading on October 30, per the Wall Street Journal. The Chinese fintech giant plans to use the money for developing new products, marketing, tech infrastructure, and future acquisi…

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

Lufax said it will issue 175,000,000 American depositary shares (ADS) which will be priced between $11.50 and $13.50 per share

Ping An Ranks 7th and Lufax 19th in 2020 BrandZ™ Top 100 Most Valuable Chinese Brands

HONG KONG, SHANGHAI, Oct.15, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or "The Group", HKEx: 2318; SSE: 601318) has maintained its top position among Chinese insurers and ranked second among financial brands the 2020 BrandZ™ Top 100 Most Valuable...

China Market Update: Lufax Holdings Looks To Capitalize On Ant Group’s Fintech Interest With An NYSE Listing

Asian equities were largely higher on light volumes, though the 50 stock Hang Seng Index was off a touch/-0.2% after rising off its intra-day low of -0.9%. The broader Hang Seng Composite gained +0.3% and the 204 Chinese companies listed in Hong Kong within the MSCIMSCI China All Shares Index...
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Lufax Holding Frequently Asked Questions

  • When was Lufax Holding founded?

    Lufax Holding was founded in 2005.

  • Who are Lufax Holding key executives?

    Lufax Holding's key executives are Guangheng Ji, Gregory Dean Gibb and Rui Li.

  • How many employees does Lufax Holding have?

    Lufax Holding has 84,830 employees.

  • What is Lufax Holding revenue?

    Latest Lufax Holding annual revenue is ¥41.2 b.

  • What is Lufax Holding revenue per employee?

    Latest Lufax Holding revenue per employee is ¥485.9 k.

  • Who are Lufax Holding competitors?

    Competitors of Lufax Holding include Lending Club, Renrendai and WeLab.

  • Where are Lufax Holding offices?

    Lufax Holding has an office in.

  • How many offices does Lufax Holding have?

    Lufax Holding has 1 office.