Lufax (LU) - Net Assets

Net assets on the balance sheet as of September 2024 : €11.88 Billion

According to Lufax's latest financial reports the company has €11.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lufax - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€12.81 B	-2.22%
2021-12-31	$€13.10 B	26.42%
2020-12-31	$€10.36 B	68.48%
2019-12-31	$€6.15 B	38.5%
2018-12-31	$€4.44 B	63.28%
2017-12-31	$€2.72 B	38.76%
2016-12-31	$€1.96 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	€0.41 B	-96.48%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Lufax (LU) - Net assets

Net assets on the balance sheet as of September 2024 : €11.88 Billion