Lufax Reports Third Quarter 2026 Financial Results
Lufax reported Q3 2026 total income of RMB6,180 million (US$922 million), down 4.6% year-over-year, with the net loss widening to RMB1,494 million (US$223 million) from RMB380 million a year earlier. The loss widening was driven by credit impairment losses rising 10.3% to RMB4,511 million and income tax expenses jumping to RMB773 million from a deferred tax asset reduction and withholding taxes tied to dividend-funded overseas funding needs, partially offset by a 13.4% decline in expenses excluding impairments.
Key figures
- Revenue
- 6180000000
- Revenue Yoy
- -4.6%
- Take rate
- 14.0%
- Cm3 flow rate
- 1.2%
- Dpd30 plus rate
- 5.5%
- Dpd90 plus rate
- 3.2%
- Loans balance yoy
- -11.9%
- Credit impairment yoy
- 10.3%
- Net loss rmb millions
- 1494
- Cash at bank rmb millions
- 21247
- Risk borne share of loans
- 95.8%
- Cumulative borrowers millions
- 35.3
- New loans enabled rmb billion
- 58.3
- Expenses ex credit finance down
- -13.4%
- Income tax expense rmb millions
- 773
- Net loss prior year rmb millions
- 380
- New consumer finance loans growth
- 25.2%
- Credit impairment losses rmb millions
- 4511
- Total loans enabled balance rmb billion
- 167.1
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