Lufax (LU) - Net Assets

Net assets on the balance sheet as of September 2024 : $12.31 Billion USD

According to Lufax's latest financial reports the company has $12.31 Billion USD 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	$$13.74 B	-7.39%
2021-12-31	$$14.83 B	16.4%
2020-12-31	$$12.74 B	84.98%
2019-12-31	$$6.89 B	35.62%
2018-12-31	$$5.08 B	55.68%
2017-12-31	$$3.26 B	58.28%
2016-12-31	$$2.06 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	$0.43 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 : $12.31 Billion USD