LUFAX HOLDING LTD Lufax Holding Second Quarter 2021 Res
August 2021
Second Quarter 2021 Highlights
Outstanding Balance | Cumulative | Current CA | Active Investors | ||||
of Loans Facilitated | Borrowers | ||||||
RMB606.8 billion | 15.5 million | RMB421.1billion | 14.8 million | ||||
+16.8% | +15.7% | +28.8% | +15.6% | ||||
YoY1 | YoY1 | YoY1 | YoY1 | ||||
Total Income | Profit before | Net Profit | ||||
Income Tax | ||||||
RMB14,828 million | RMB6,351 million | RMB4,729 million | ||||
+17.3% | +46.1% | +53.2% | ||||
YoY2 | YoY2 | YoY2 | ||||
Notes:
- YoY growth rate for data as of 2020Q2 and data as of 2021Q2
- YoY growth rate for 3 months ended 2020Q2 and 3 months ended 2021Q2
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Operational Highlights
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Retail Credit Facilitation: Key Metrics
New Loan Sales
RMB billion
+11.1%
YoY
Outstanding Balance of Loans Facilitated | Cumulative Borrowers | |
RMB billion | Million | |
+16.8% | +15.7% | |
YoY | YoY |
606.8
152.7
137.4
519.4
15.5
13.4
Q2'20 | Q3'20 | Q4'20 | Q1'21 | Q2'21 |
Q2'20 | Q3'20 | Q4'20 | Q1'21 | Q2'21 | Q2'20 | Q3'20 | Q4'20 | Q1'21 | Q2'21 |
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Retail Credit Facilitation: Credit Performance
Rapid Asset Quality Recovery post COVID-19 | Delinquency Rate | |
General Unsecured C-M3 (Current to 60-89 Days Past Due) flow rates1 (%) | DPD30+ (30+ Days Past Due) Delinquency Rate2 | |
1.0% |
0.5% | 0.5% |
2019-12019-32019-52019-72019-92019-112020-12020-32020-52020-72020-92020-112021-12021-3 | 2021-5 |
1.5% | 1.6% | 2.0% | 1.9% |
2018 | 2019 | 2020 | 2021Q2 |
Secured C-M3 (Current to 60-89 Days Past Due) flow rates1 (%) | DPD90+ (90+ Days Past Due) Delinquency Rate3 |
1.2% | 1.1% | |||||||||||||||||
0.7% | 0.9% | |||||||||||||||||
0.8% | ||||||||||||||||||
0.2% | 0.1% | |||||||||||||||||
2019-1 | 2019-3 | 2019-5 | 2019-7 | 2019-9 | 2019-11 | 2020-1 | 2020-3 | 2020-5 | 2020-7 | 2020-9 | 2020-11 | 2021-1 | 2021-3 | 2021-5 | 2018 | 2019 | 2020 | 2021Q2 |
Notes:
- Flow rate estimates the percentage of current loans that will become non-performing at the end of three months, and is defined as the product of (i) the loan balance that is overdue from 1 to 29 days as a percentage of the total current loan balance of the previous month, (ii) the loan balance that is overdue from 30 to 59 days as a percentage of the loan balance that was overdue from 1 to 29 days in the previous month, and (iii) the loan balance that is overdue from 60 to 89 days as a percentage of the loan balance that was overdue from 30 days to 59 days in the previous month. Loans from legacy products and consumer finance subsidiary are excluded from flow rate estimation
- DPD 30+ delinquency rate refers to the outstanding balance of loans for which any payment is 30 to 179 calendar days past due divided by the outstanding balance of loans. Loans from legacy products and consumer finance subsidiary are excluded from flow rate estimation
- DPD 90+ delinquency rate refers to the outstanding balance of loans for which any payment is 90 to 179 calendar days past due divided by the outstanding balance of loans. Loans from legacy products and consumer finance subsidiary are excluded from flow rate estimation
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Lufax Holding Ltd. published this content on 19 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2021 13:13:10 UTC.
