Lufax (LU) - Net Assets

Net assets on the balance sheet as of September 2024 : £9.22 Billion

According to Lufax's latest financial reports the company has £9.22 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
2023-12-31	$£10.40 B	-8.42%
2022-12-31	$£11.36 B	3.33%
2021-12-31	$£10.99 B	17.54%
2020-12-31	$£9.35 B	77.96%
2019-12-31	$£5.25 B	31.29%
2018-12-31	$£4.00 B	65.75%
2017-12-31	$£2.41 B	44.51%
2016-12-31	$£1.67 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	£0.25 B	-97.27%	🇨🇳 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 : £9.22 Billion