Lufax Holding Ltd (LU) Income Tax Expense
The tax expense for Lufax Holding Ltd (LU) is $157.68 Million with a year-over-year change of +83.34%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
LU Tax Expense Chart
Current Tax Expense
$157.68M
$157.68 Million
Year-over-Year Change
+83.34%
vs. $86.01M prior year
Historical Data
8
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $157.68M | +$71.67M | +83.34% |
| 2023 | $86.01M | $-528.16M | -86.00% |
| 2022 | $614.16M | $-438.89M | -41.68% |
| 2021 | $1.05B | +$190.03M | +22.02% |
| 2020 | $863.02M | $-15.34M | -1.75% |
| 2019 | $878.36M | +$140.70M | +19.07% |
| 2018 | $737.66M | +$378.74M | +105.52% |
| 2017 | $358.92M | — | — |
About Lufax Holding Ltd
Lufax Holding Ltd is a leading financial technology company based in China, delivering a wide array of personal financial services through its advanced digital platform. The company's core business involves providing various credit facilities, which include both unsecured and collateral-backed loans, alongside consumer financing options. Beyond lending, Lufax also manages investment opportunities for affluent and middle-class investors through its wealth management platforms, notably Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong), enabling them to diversify their portfolios. Furthermore, it offers specialized lending services to small business owners via its retail credit facilitation platform and provides technology solutions to empower other financial institutions. Established in 2005, Lufax Holding Ltd maintains its principal office in Shanghai, China.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Xiang Ji