Lufax Holding Ltd (LU) Form 6-K — Aug 18, 2026
Lufax Holding reported second quarter 2026 results with total income of RMB6,227 million (US$918 million), down 15.5% year over year, while the net loss narrowed 86.2% to RMB82 million (US$12 million) from RMB594 million a year earlier. Operationally, new loans enabled rose 4.6% YoY to RMB51.1 billion, driven by consumer finance loans up 27.6% to RMB36.9 billion, and asset quality improved sequentially with the C-M3 flow rate at 1.0% and the consumer finance NPL ratio at 1.3%. The total outstanding loan balance still fell 13.5% YoY to RMB167.3 billion amid weak financing demand from small business owners.
Key figures
- Eps
- Basic and diluted loss per ADS of RMB0.24 (US$0.04); loss per share RMB0.12
- Revenue
- RMB6,227 million (US$918 million) total income in Q2 2026
- Net Income
- Net loss of RMB82 million (US$12 million) in Q2 2026, an 86.2% improvement YoY; H1 2026 net loss RMB694 million (US$102 million), 33.7% wider YoY
- Total Debt
- Borrowings of RMB65,374 million (US$9,635 million) as of June 30, 2026
- Revenue Yoy
- -15.5% YoY
- Total Assets
- RMB202,700 million (US$29,874 million) as of June 30, 2026
- Cash Position
- RMB19,213 million (US$2,832 million) cash at bank as of June 30, 2026
- Fx rate
- RMB6.7851 to US$1.00 (June 30, 2026)
- Net assets
- RMB81,448 million (US$12,004 million) as of June 30, 2026
- Dpd 30 plus
- 5.8% as of June 30, 2026 vs 6.1% as of March 31, 2026
- Dpd 90 plus
- 3.7% as of June 30, 2026 vs 3.4% as of March 31, 2026
- Cm3 flow rate
- 1.0% in Q2 2026 (excluding consumer finance subsidiary), down from 1.2% in Q1 2026
- New loans enabled
- RMB51.1 billion in Q2 2026, +4.6% YoY
- Risk bearing ratio
- 93.2% of outstanding balance (including consumer finance subsidiary) vs 83.7% a year ago
- Cumulative borrowers
- approximately 31.4 million, +13.1% YoY
- Semi annual dividend
- None declared due to H1 2026 net loss
- Retail credit take rate
- 13.8% in Q2 2026 vs 12.5% in Q2 2025
- Outstanding loan balance
- RMB167.3 billion as of June 30, 2026, -13.5% YoY
- Consumer finance npl ratio
- 1.3% as of June 30, 2026 vs 1.4% as of March 31, 2026
- New consumer finance loans
- RMB36.9 billion in Q2 2026, +27.6% YoY
- Credit impairment losses q2
- RMB4,141 million (US$610 million), -3.2% YoY
- Consumer finance outstanding balance
- RMB65.4 billion, +19.9% YoY
AI analysis
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