LexinFintech Holdings Ltd.
NASDAQ•LX
CEO: Mr. Wenjie Xiao
Sector: Financial Services
Industry: Financial - Credit Services
Listing Date: 2017-12-21
LexinFintech Holdings Ltd., together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company offers Fenqile.com, an online consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales of electronic, home appliance, and general merchandise products with installment payment terms; and Lehua Card for scenario-based lending. It also provides technology-driven platform services for financial institution customers and partners to increase revenues, manage financial risks, improve operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya, a buy-now and pay-later service; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.
Contact Information
CES Tower, 27th Floor No. 3099 Keyuan South Road Nanshan District, Shenzhen, 518057, China
86-755-3637-8888
Market Cap
$470.51M
P/E (TTM)
1.7
20.9
Dividend Yield
11.0%
52W High
$11.64
52W Low
$2.62
52W Range
Rank27Top 14.4%
5.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$477.57M-6.68%
4-Quarter Trend
EPS
$0.43+62.77%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Total Revenue Increased 8.8% Total operating revenue reached RMB 14.20B in 2024, marking an 8.8% increase from RMB 13.06B in 2023.
Credit Facilitation Income Rises Credit facilitation service income grew 13.8% to RMB 11.00B in 2024, driven by higher loan facilitation fees.
Net Income Up 3.2% Net income attributable to ordinary shareholders was RMB 1.10B in 2024, showing a 3.2% increase over RMB 1.07B in 2023.
Share-based Costs Decreased Share-based compensation expenses decreased to RMB 94.62M in 2024 from RMB 117.85M in 2023, reducing operating costs.
Risk Factors
Asset Quality Deterioration Risk 90-day+ delinquency ratio rose to 3.6% by year-end 2024 from 2.9% in 2023, increasing credit loss provisions.
PRC Regulatory Uncertainty Remains Continued uncertainty exists regarding PRC VIE structure enforceability and evolving data security/overseas listing regulations.
E-commerce Transaction Volume Down Installment e-commerce platform service income dropped 24.5% in 2024 to RMB 1.32B due to decreased transaction volume.
Potential for Higher Tax Liabilities PRC tax scrutiny on related party transactions and potential reclassification as PRC resident enterprise pose tax risks.
Outlook
Focus on Young Generation Consumers Strategy centers on serving young consumers (ages 23-40) and capturing long-term growth potential through credit needs.
Technology Investment Remains High R&D expenses were RMB 578M (US$ 79M) in 2024 (4.1% of revenue), supporting AI/big data risk management.
Dividend Policy Confirmed Board approved 25% total net profit payout ratio for the entire year 2025, continuing semi-annual dividend policy.
Exploring International Markets Selectively Company is selectively exploring international markets to catalyze global business expansion alongside core China operations.
Peer Comparison
Revenue (TTM)
$1.91B
$1.24B
$912.39M
Gross Margin (Latest Quarter)
190.3%
119.8%
94.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| EFSC | $2.10B | 10.4 | 10.3% | 0.0% |
| DCOM | $1.44B | 12.8 | 7.7% | 2.4% |
| BBDC | $901.21M | 8.8 | 8.7% | 54.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.1%
Flat Growth
4Q Net Income CAGR
13.0%
Profitability Improving
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Mar 16, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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