Lexinfintech Holdings Financials

LX Stock  USD 3.40  0.01  0.29%   
Based on the key indicators related to Lexinfintech Holdings' liquidity, profitability, solvency, and operating efficiency, Lexinfintech Holdings may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Lexinfintech Holdings' Long Term Debt is fairly stable compared to the past year. Net Receivables is likely to rise to about 7.2 B in 2024, whereas Total Assets are likely to drop slightly above 17.9 B in 2024. Key indicators impacting Lexinfintech Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.540.5686
Notably Down
Slightly volatile
Current Ratio1.051.5013
Way Down
Slightly volatile
The financial analysis of Lexinfintech Holdings is a critical element in measuring its lifeblood. Investors should not minimize Lexinfintech Holdings' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

1.09 Billion

  
Understanding current and past Lexinfintech Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lexinfintech Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Lexinfintech Holdings' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Lexinfintech Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lexinfintech Holdings. Check Lexinfintech Holdings' Beneish M Score to see the likelihood of Lexinfintech Holdings' management manipulating its earnings.

Lexinfintech Holdings Stock Summary

Lexinfintech Holdings competes with SLM Corp, Orix Corp, FirstCash, Medallion Financial, and Oportun Financial. LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the Peoples Republic of China. LexinFintech Holdings Ltd. was incorporated in 2013 and is headquartered in Shenzhen, the Peoples Republic of China. LexinFintech Holdings operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3896 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5288771034
CUSIP528877103
LocationChina
Business AddressCES Tower, Shenzhen,
SectorConsumer Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.lexin.com
Phone86 755 3637 8888
CurrencyUSD - US Dollar

Lexinfintech Holdings Key Financial Ratios

Lexinfintech Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets19.2B20.3B21.0B22.8B23.1B17.9B
Other Current Liab3.8B4.1B3.8B3.7B6.9B7.2B
Other Liab309.6M21.0M54.3M52.6M60.4M86.1M
Net Tangible Assets6.6B4.5B7.1B7.7B8.9B9.3B
Net Debt6.1B7.7B4.8B7.6B2.9B4.7B
Retained Earnings3.7B2.1B4.2B4.9B6.8B7.2B
Accounts Payable201.8M713.9M441.5M408.5M49.8M47.3M
Cash2.1B1.6B2.7B1.5B2.6B1.6B
Other Assets1.5B2.1B2.5B3.0B3.4B3.6B
Long Term Debt2.5B2.7B2.6B1.5B980.1M1.3B
Net Receivables8.0B6.1B4.6B7.1B6.7B7.2B
Inventory106.8M47.2M47.8M53.9M100.8M59.3M
Other Current Assets6.4B8.6B9.3B8.8B8.9B5.2B
Total Liab12.6B14.8B13.0B14.1B13.4B12.3B
Short Long Term Debt5.7B6.5B4.9B7.6B4.5B6.4B
Total Current Assets16.5B16.4B16.7B17.8B18.5B14.6B
Short Term Debt5.7B6.6B5.0B7.7B4.5B4.9B
Common Stock231K234K237K238K240K273.5K

Lexinfintech Holdings Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Tax Provision412.0M90.6M435.4M202.6M342.9M222.4M
Interest Expense39.2M77.5M63.1M55.6M50.5M53.1M
Total Revenue10.6B11.6B11.4B9.9B13.1B9.4B
Gross Profit5.0B3.6B5.7B3.0B4.5B3.3B
Operating Income2.7B1.4B3.0B(347.8M)1.9B1.3B
Ebit2.7B1.4B2.8B1.1B1.4B1.3B
Research Development416.0M474.3M549.3M583.3M513.3M398.4M
Ebitda2.8B1.5B3.0B1.2B1.5B1.4B
Cost Of Revenue5.6B8.0B5.6B6.8B8.5B6.1B
Income Before Tax2.7B685.6M2.8B1.0B1.3B1.3B
Net Income2.3B595.0M2.3B819.8M1.1B1.1B
Income Tax Expense412.0M90.6M435.4M202.6M260.8M212.3M
Net Interest Income(39.2M)(77.5M)(63.1M)(55.6M)(48.4M)(50.8M)

Lexinfintech Holdings Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lexinfintech Holdings. It measures of how well Lexinfintech is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lexinfintech Holdings brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lexinfintech had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lexinfintech Holdings has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(48.6M)60.0M(692K)(5.6M)20.9M22.0M
Investments(783.6M)(57.5M)26.9M(2.4B)2.3B2.5B
Change In Cash1.5B(1.1B)1.3B(1.2B)1.3B1.3B
Net Borrowings3.1B1.2B(1.8B)1.4B1.3B654.4M
Free Cash Flow(828.4M)(297.6M)2.5B(50.0M)2.6B2.7B
Depreciation87.8M107.3M145.3M148.1M145.1M84.2M
Other Non Cash Items775.8M4.8B1.9B1.7B5.7B6.0B
Capital Expenditures49.9M86.6M121.5M148.8M229.5M241.0M
Net Income2.3B595.0M2.3B825.9M1.1B1.1B
End Period Cash Flow4.0B2.8B4.1B2.9B4.2B2.7B
Change To Netincome1.0B4.5B1.6B1.9B2.2B1.5B

Lexinfintech Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lexinfintech Holdings's current stock value. Our valuation model uses many indicators to compare Lexinfintech Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lexinfintech Holdings competition to find correlations between indicators driving Lexinfintech Holdings's intrinsic value. More Info.
Lexinfintech Holdings is rated below average in return on equity category among its peers. It is currently regarded as number one stock in return on asset category among its peers reporting about  0.80  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lexinfintech Holdings is roughly  1.25 . At this time, Lexinfintech Holdings' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lexinfintech Holdings' earnings, one of the primary drivers of an investment's value.

Lexinfintech Holdings Systematic Risk

Lexinfintech Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lexinfintech Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Lexinfintech Holdings correlated with the market. If Beta is less than 0 Lexinfintech Holdings generally moves in the opposite direction as compared to the market. If Lexinfintech Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lexinfintech Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lexinfintech Holdings is generally in the same direction as the market. If Beta > 1 Lexinfintech Holdings moves generally in the same direction as, but more than the movement of the benchmark.

Lexinfintech Holdings Thematic Clasifications

Lexinfintech Holdings is part of Banking investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Lexinfintech Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lexinfintech Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lexinfintech Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0571

At this time, Lexinfintech Holdings' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Lexinfintech Holdings November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lexinfintech Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lexinfintech Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lexinfintech Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Lexinfintech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lexinfintech Holdings's daily price indicators and compare them against related drivers.

Additional Tools for Lexinfintech Stock Analysis

When running Lexinfintech Holdings' price analysis, check to measure Lexinfintech Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.