Lufax (LU) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$20.60 Billion

According to Lufax's latest financial reports the company has NZ$20.60 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	$NZ$21.64 B	-0.36%
2021-12-31	$NZ$21.72 B	22.96%
2020-12-31	$NZ$17.66 B	72.66%
2019-12-31	$NZ$10.23 B	35.08%
2018-12-31	$NZ$7.57 B	64.83%
2017-12-31	$NZ$4.59 B	54.38%
2016-12-31	$NZ$2.97 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	NZ$0.71 B	-96.52%	🇨🇳 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 : NZ$20.60 Billion