FINV vs LU
FinVolution Group and Lufax Holding Ltd., side by side — 7 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | FINV | LU |
|---|---|---|
| Revenue | CNY 13.6B | CNY 8.2B |
| Net income | CNY 2.5B | CNY -3.9B |
| Gross margin | · | · |
| Net margin | 18.8% | −44.2% |
| Return on equity | 16.0% | −4.5% |
| Diluted EPS | CNY 1.92 | · |
| Dividend / share | · | · |
| Payout ratio | 20.1% | −132.6% |
| Free cash flow | CNY 1.8B | · |
| Equity | CNY 16.6B | CNY 81.8B |
| Net debt / equity | −0.24× | 0.48× |
| Current ratio | · | · |
| Revenue CAGR 5y | 12.4% | −27.9% |
| Profit CAGR 5y | 5.2% | · |
FINV bills 1.7× the revenue of LU, and LU closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | FINV | LU |
|---|---|---|
| FY2024 | CNY 13.1B | CNY 8.2B |
| FY2023 | CNY 12.5B | CNY 15.3B |
| FY2022 | CNY 11.1B | CNY 29.2B |
| FY2021 | CNY 9.5B | CNY 38.3B |
| FY2020 | CNY 7.6B | CNY 41.2B |
| FY2019 | CNY 6.0B | CNY 41.9B |
| FY2018 | CNY 4.5B | CNY 32.2B |
Bottom line
| Fiscal year | FINV | LU |
|---|---|---|
| FY2024 | CNY 2.4B | CNY -3.9B |
| FY2023 | CNY 2.3B | CNY 809.6M |
| FY2022 | CNY 2.3B | CNY 7.8B |
| FY2021 | CNY 2.5B | CNY 16.8B |
| FY2020 | CNY 2.0B | CNY 12.4B |
| FY2019 | CNY 2.4B | CNY 13.3B |
| FY2018 | CNY 2.5B | CNY 13.6B |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +CNY 4,904,802,000 | FINV |
| FY2023 | −CNY 2,771,299,000 | LU |
| FY2022 | −CNY 18,080,410,000 | LU |
| FY2021 | −CNY 28,824,189,000 | LU |
| FY2020 | −CNY 33,658,755,000 | LU |
| FY2019 | −CNY 35,966,320,000 | LU |
| FY2018 | −CNY 27,677,766,000 | LU |
The higher-revenue side has changed between FINV and LU over this period. The gap has narrowed since the earliest year compared.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +62.4 pp | FINV |
| FY2023 | +12.8 pp | FINV |
| FY2022 | −6.4 pp | LU |
| FY2021 | −17.3 pp | LU |
| FY2020 | −3.8 pp | LU |
| FY2019 | +8.1 pp | FINV |
| FY2018 | +12.2 pp | FINV |
The higher net margin has changed hands between FINV and LU over this period.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LU's net margin has been more volatile than FINV's over the 7 comparable fiscal years — 28.4 percentage points of standard deviation against 12.3.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between FINV and LU over these 7 fiscal years — FINV led in 4 and LU in 3.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LU's return on equity has been more volatile than FINV's over the 7 comparable fiscal years — 14.7 percentage points of standard deviation against 11.5.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
FINV led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.