XML 95 R63.htm IDEA: XBRL DOCUMENT
v3.23.1

Expense by Nature (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Text block [abstract] |
Summary of Expenses by Nature |
|  | Year ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Employee benefit expenses (Note 10.1) |  |  | 14,145,207 |  |  |  | 16,402,993 |  |  |  | 15,080,319 |
Loan origination and servicing expenses |  |  | 7,091,078 |  |  |  | 5,712,598 |  |  |  | 3,667,962 |
Promotion and advertising expenses |  |  | 1,221,762 |  |  |  | 1,685,847 |  |  |  | 1,525,797 |
Outsourcing service expenses |  |  | 1,333,342 |  |  |  | 1,355,273 |  |  |  | 1,391,292 |
Payment processing expenses |  |  | 1,204,712 |  |  |  | 1,197,869 |  |  |  | 1,134,905 |
Trust management fee |  |  | 504,428 |  |  |  | 1,078,380 |  |  |  | 1,251,761 |
Depreciation of right-of-use assets (Note 25) |  |  | 604,018 |  |  |  | 608,889 |  |  |  | 578,014 |
Taxes and surcharges |  |  | 380,460 |  |  |  | 534,647 |  |  |  | 568,826 |
Business entertainment expenses |  |  | 769,834 |  |  |  | 619,328 |  |  |  | 389,369 |
Depreciation of property and equipment (Note 23) |  |  | 226,862 |  |  |  | 193,511 |  |  |  | 177,799 |
Audit fees |  |  | 49,618 |  |  |  | 42,376 |  |  |  | 39,271 |
Amortization of intangible assets (Note 24) |  |  | 31,831 |  |  |  | 22,234 |  |  |  | 15,325 |
Listing expenses |  |  | — |  |  |  | — |  |  |  | 11,418 |
Others |  |  | 1,049,327 |  |  |  | 740,039 |  |  |  | 1,057,293 |
Total sales and marketing expenses, general and administrative expenses, operation and servicing expenses, technology and analytics expenses |  |  | 28,612,479 |  |  |  | 30,193,984 |  |  |  | 26,889,351 |
Summary of Sales and Marketing Expenses |
|  | Year ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Sales and marketing expense |  |  |  |  |  |  |  |  |  |  |  |
Borrower acquisition expenses |  |  | 11,506,402 |  |  |  | 10,119,525 |  |  |  | 7,865,407 |
General sales and marketing expenses |  |  | 5,402,999 |  |  |  | 6,637,150 |  |  |  | 6,653,847 |
Investor acquisition and retention expenses |  |  | 819,888 |  |  |  | 676,984 |  |  |  | 301,092 |
Referral expenses from platform service |  |  | 84,268 |  |  |  | 559,413 |  |  |  | 936,570 |
|  |  | 17,813,557 |  |  |  | 17,993,072 |  |  |  | 15,756,916 |
Summary of Employee Benefit Expenses |
|  | Year ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Wages, salaries and bonuses |  |  | 10,764,239 |  |  |  | 11,681,753 |  |  |  | 10,163,216 |
Other social security costs, housing benefits and other employee benefits |  |  | 2,787,803 |  |  |  | 3,157,771 |  |  |  | 3,293,366 |
Pension costs – defined contribution plans |  |  | 427,917 |  |  |  | 1,430,074 |  |  |  | 1,577,818 |
Share-based payment (Note 43) |  |  | 165,248 |  |  |  | 133,395 |  |  |  | 45,919 |
|  |  | 14,145,207 |  |  |  | 16,402,993 |  |  |  | 15,080,319 |
Summary Of Detailed Information About Highest Paid Individuals Explanatory | The emoluments payable to the remaining one, two and three individuals during the years ended December 31, 2020, 2021 and 2022 are as follows:
|  | Year ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Wages, salaries and bonuses |  |  | 4,600 |  |  |  | 12,294 |  |  |  | 10,044 |
Other social security costs, housing benefits and other employee benefits |  |  | 1,515 |  |  |  | 2,132 |  |  |  | 2,819 |
Pension costs – defined contribution plans |  |  | — |  |  |  | 57 |  |  |  | 149 |
|  |  | 6,115 |  |  |  | 14,483 |  |  |  | 13,012 |
Summary of Detailed Information About Emoluments Bands Of Highest Paid Individuals Explanatory | The emoluments fell within the following bands:
|  | Year ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
Emolument bands (in RMB’000) |  |  |  |  |  |  |  |  |  |  |  |
1,000 – 5,000 |  |  | — |  |  |  | — |  |  |  | 2 |
5,001 – 10,000 |  |  | 1 |  |  |  | 2 |  |  |  | 1 |
|  |  | 1 |  |  |  | 2 |  |  |  | 3 |

X
- Definition Disclosure detail of expenses by nature. + References No definition available. + Details
Name: | lu_DisclosureDetailOfExpensesByNatureExplanatoryTextBlock
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure detail of sales and marketing expenses. + References No definition available. + Details
Name: | lu_DisclosureDetailOfSalesAndMarketingExpensesExplanatoryTextBlock
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about employee costs. + References No definition available. + Details
Name: | lu_DisclosureOfDetailedInformationAboutEmployeeCostsExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about highest paid individuals explanatory. + References No definition available. + Details
Name: | lu_DisclosureOfDetailedInformationAboutHighestPaidIndividualsExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Discloure of detailed information about emoluments bands of highest paid individuals explanatory. + References No definition available. + Details
Name: | lu_DiscloureOfDetailedInformationAboutEmolumentsBandsOfHighestPaidIndividualsExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block abstract. + References No definition available. + Details
Name: | lu_TextBlockAbstract
Namespace Prefix: | lu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration