LexinFintech (LX) Financials

$7.42 -0.40 (-5.12%)

Closing price 05/27/2025 04:00 PM Eastern

Extended Trading

$7.48 +0.07 (+0.88%)

As of 05:32 AM Eastern

Annual Income Statements for LexinFintech

This table shows LexinFintech's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	151	150	119	366	92	329	288	3.99	-32	-55
Consolidated Net Income / (Loss)	151	150	120	366	92	329	288	37	-17	-47
Net Income / (Loss) Continuing Operations	151	150	120	366	92	329	288	37	-17	-47
Total Pre-Tax Income	185	187	149	435	105	389	307	73	-8.56	-61
Total Operating Income	313	265	48	482	220	377	265	73	1.58	-60
Total Gross Profit	689	636	440	902	559	717	438	203	86	-11
Total Revenue	1,946	1,839	1,430	1,786	1,791	1,522	1,106	857	622	384
Operating Revenue	1,946	1,839	1,430	1,786	1,791	1,522	1,106	857	622	379
Total Cost of Revenue	1,257	1,203	990	884	1,232	805	667	654	536	395
Operating Cost of Revenue	1,139	1,115	927	821	1,112	704	539	560	502	385
Other Cost of Revenue	119	88	63	63	120	102	129	94	34	10
Total Operating Expenses	375	371	392	420	338	340	173	130	85	49
Selling, General & Admin Expense	51	55	63	74	69	59	41	31	13	6.24
Marketing Expense	245	244	244	260	196	221	86	62	54	37
Research & Development Expense	79	72	85	86	73	60	47	36	18	6.16
Total Other Income / (Expense), net	-128	-78	101	-47	-115	11	42	-0.17	-10	-0.27
Interest Expense	1.23	7.11	8.07	9.91	12	5.63	3.36	12	6.93	0.29
Interest & Investment Income	-0.33	-43	-4.92	-0.65	-9.42	7.50	0.51	-0.14	-0.81	0.00
Other Income / (Expense), net	-126	-28	114	-37	-94	9.51	45	12	-2.40	0.02
Income Tax Expense	35	37	29	68	14	59	19	36	8.35	-14
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.90	0.03	0.00	0.00	-	20	0.00	0.00
Basic Earnings per Share	$0.58	$4.15	$7.07	$19.00	$4.89	$19.35	$17.55	$0.69	($6.04)	($3.27)
Weighted Average Basic Shares Outstanding	331.40M	328.52M	348.05M	368.46M	364.73M	355.63M	337.88M	113.62M	110.65M	110.65M
Diluted Earnings per Share	$0.44	$3.17	$2.21	$5.73	$1.56	$6.14	$5.45	$0.18	($2.01)	($3.27)
Weighted Average Diluted Shares Outstanding	339.26M	359.82M	392.76M	414.99M	411.23M	375.83M	362.76M	140.85M	110.65M	110.65M
Weighted Average Basic & Diluted Shares Outstanding	673.05M	656.52M	650.91M	735.47M	728.17M	718.83M	702.47M	327.72M	-	-

No quarterly income statements for LexinFintech are available.

This table details how cash moves in and out of LexinFintech's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-29	179	-174	204	-171	215	111	166	70	-3.99
Net Cash From Operating Activities	148	393	14	419	-32	-112	407	255	54	-226
Net Cash From Continuing Operating Activities	148	393	14	419	-32	-112	407	255	54	-226
Net Income / (Loss) Continuing Operations	151	150	120	366	92	329	288	37	-17	-47
Consolidated Net Income / (Loss)	151	150	120	366	92	329	288	37	-17	-47
Depreciation Expense	15	15	14	14	8.22	5.74	4.42	2.89	0.66	0.21
Amortization Expense	5.82	11	8.69	9.57	9.35	7.17	0.34	0.71	1.56	0.00
Non-Cash Adjustments To Reconcile Net Income	935	270	126	164	458	-379	-36	111	47	13
Changes in Operating Assets and Liabilities, net	-958	-54	-254	-135	-600	-75	150	104	23	-192
Net Cash From Investing Activities	-124	329	-349	65	-329	-113	525	-765	-625	-242
Net Cash From Continuing Investing Activities	-124	329	-349	65	-329	-113	525	-765	-625	-242
Purchase of Property, Plant & Equipment	-34	-32	-22	-19	-13	-7.16	-7.89	-5.81	-4.61	-1.59
Acquisitions	0.00	0.00	1.15	0.00	0.00	-	-	-	-	-
Purchase of Investments	-2,191	-2,280	-2,861	-2,897	-3,582	-1,582	-1,998	-3,683	-1,723	-497
Divestitures	0.00	0.00	6.37	0.00	0.00	-	-	-	-	-
Sale and/or Maturity of Investments	0.00	-155	0.58	16	34	1.29	0.00	0.00	-	-
Other Investing Activities, net	2,101	2,796	2,525	2,965	3,233	1,476	2,530	2,924	1,103	257
Net Cash From Financing Activities	-53	-543	161	-279	190	439	-818	677	640	462
Net Cash From Continuing Financing Activities	-53	-543	161	-279	190	439	-818	677	640	462
Repayment of Debt	-1,914	-3,327	-2,870	-3,501	-3,286	-1,448	-3,119	-2,252	-1,666	-445
Repurchase of Common Equity	0.00	0.00	-47	0.00	0.00	-	-5.59	0.00	0.00	-
Payment of Dividends	-23	-19	0.00	0.00	-	-	-	-	-	-
Issuance of Debt	1,881	2,802	3,077	3,221	3,468	1,884	2,293	2,829	2,318	876
Issuance of Common Equity	0.00	0.00	1.80	0.00	6.15	0.00	14	100	0.00	0.00
Other Financing Activities, net	2.64	0.83	0.40	1.12	1.23	1.57	0.00	0.00	0.00	0.00
Cash Interest Paid	6.19	12	12	15	18	4.63	3.71	0.70	0.16	0.51
Cash Income Taxes Paid	57	36	89	82	46	32	27	8.89	0.00	0.00

No quarterly cash flow statements for LexinFintech are available.

This table presents LexinFintech's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	3,047	3,259	3,301	3,299	3,129	2,762	1,815	2,260	1,250
Total Current Assets	2,453	2,606	2,578	2,614	2,525	2,370	1,500	1,955	1,082
Cash & Equivalents	309	370	217	418	241	299	167	173	69
Restricted Cash	232	217	338	479	445	542	234	87	26
Short-Term Investments	11	28	39	0.00	-	-	-	-	-
Note & Lease Receivable	640	556	928	600	827	547	760	1,532	938
Accounts Receivable	8.46	0.98	0.96	0.99	0.14	0.00	-	1.45	1.68
Inventories, net	3.06	4.73	7.82	7.50	7.25	15	8.32	16	15
Prepaid Expenses	181	201	158	187	155	190	134	145	32
Other Current Assets	1,069	1,229	891	920	851	776	195	0.00	-
Plant, Property, & Equipment, net	84	63	41	31	19	13	12	9.69	5.99
Total Noncurrent Assets	509	590	682	655	585	379	303	296	163
Long-Term Investments	39	36	51	74	80	73	27	3.60	3.57
Noncurrent Note & Lease Receivables	59	28	154	38	65	135	204	274	153
Intangible Assets	118	126	135	152	154	0.00	-	-	-
Noncurrent Deferred & Refundable Income Taxes	211	174	166	185	115	23	14	5.96	6.08
Other Noncurrent Operating Assets	82	226	176	208	170	148	59	12	0.14
Total Liabilities & Shareholders' Equity	3,047	3,259	3,301	3,299	3,129	2,762	1,815	2,260	1,250
Total Liabilities	1,576	1,892	2,047	2,033	2,279	1,814	1,217	1,999	1,248
Total Current Liabilities	1,316	1,736	1,810	1,599	1,849	1,407	1,167	1,973	1,145
Short-Term Debt	472	632	1,104	769	1,002	823	740	1,641	1,009
Accounts Payable	10	7.01	3.77	6.09	17	35	22	41	30
Accrued Expenses	551	625	443	612	450	200	198	247	86
Current Deferred Revenue	134	217	130	66	107	0.00	-	-	-
Other Current Liabilities	149	255	129	146	267	337	180	0.00	-
Total Noncurrent Liabilities	260	156	238	435	430	407	50	26	103
Long-Term Debt	244	138	215	405	422	358	23	26	103
Noncurrent Deferred & Payable Income Tax Liabilities	13	11	7.62	8.53	3.24	44	27	0.00	-
Other Noncurrent Operating Liabilities	3.12	7.14	15	22	4.26	4.00	0.00	-	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,471	1,368	1,254	1,266	851	948	598	261	-88
Total Preferred & Common Equity	1,471	1,368	1,254	1,260	845	948	598	261	-88
Total Common Equity	1,471	1,368	1,254	1,260	845	948	598	261	-88
Common Stock	454	451	447	458	419	362	339	324	0.01
Retained Earnings	905	809	710	658	325	536	232	-69	-90
Treasury Stock	-45	-46	-48	0.00	-	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-4.05	-1.91	-3.02	1.77	0.51	-1.05	-2.08	-2.29	2.43
Other Equity Adjustments	161	156	148	141	100	51	29	8.57	0.29
Noncontrolling Interest	0.00	0.00	0.00	6.31	6.15	0.00	-	-	-

No quarterly balance sheets for LexinFintech are available.

This table displays calculated financial ratios and metrics derived from LexinFintech's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.81%	28.57%	-19.90%	-0.29%	17.65%	37.68%	29.09%	37.68%	61.83%	0.00%
EBITDA Growth	-20.94%	42.48%	-60.64%	224.85%	-63.88%	27.01%	256.94%	6,196.98%	102.32%	0.00%
EBIT Growth	-20.98%	46.00%	-63.58%	251.07%	-67.21%	24.80%	266.50%	10,439.69%	98.65%	0.00%
NOPAT Growth	19.74%	446.09%	-90.41%	112.28%	-40.19%	28.66%	572.43%	3,236.45%	102.62%	0.00%
Net Income Growth	0.42%	25.38%	-67.31%	300.25%	-72.22%	14.47%	680.35%	318.09%	64.19%	0.00%
EPS Growth	-0.58%	43.44%	-61.43%	267.31%	-74.59%	12.66%	2,927.78%	108.96%	38.53%	0.00%
Operating Cash Flow Growth	-62.67%	2,639.15%	-96.58%	1,389.68%	70.96%	-127.48%	59.47%	368.33%	124.09%	0.00%
Free Cash Flow Firm Growth	-77.70%	255.39%	-193.28%	565.82%	-287.28%	-94.82%	257.00%	38.52%	0.00%	0.00%
Invested Capital Growth	7.30%	-22.90%	31.31%	-3.00%	23.50%	27.96%	-43.89%	64.98%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.39%	34.56%	30.76%	50.52%	31.20%	47.10%	39.65%	23.65%	13.88%	-2.87%
EBITDA Margin	10.68%	14.30%	12.90%	26.26%	8.06%	26.25%	28.46%	10.29%	0.23%	-15.68%
Operating Margin	16.10%	14.39%	3.39%	26.98%	12.31%	24.78%	23.98%	8.52%	0.25%	-15.74%
EBIT Margin	9.61%	12.87%	11.33%	24.93%	7.08%	25.40%	28.03%	9.87%	-0.13%	-15.73%
Profit (Net Income) Margin	7.75%	8.16%	8.37%	20.51%	5.11%	21.64%	26.03%	4.31%	-2.72%	-12.29%
Tax Burden Percent	81.29%	80.34%	80.30%	84.28%	86.78%	84.78%	93.73%	50.65%	197.62%	77.72%
Interest Burden Percent	99.16%	78.95%	91.99%	97.63%	83.16%	100.48%	99.08%	86.13%	1,046.48%	100.49%
Effective Tax Rate	18.71%	19.66%	19.70%	15.72%	13.22%	15.22%	6.27%	49.35%	0.00%	0.00%
Return on Invested Capital (ROIC)	16.51%	12.44%	2.29%	27.21%	13.95%	29.27%	18.64%	2.69%	0.21%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-68.26%	-3.27%	20.68%	18.04%	-7.20%	32.28%	22.98%	2.69%	-3.27%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-5.89%	-0.99%	7.21%	7.39%	-3.78%	13.37%	48.38%	25.34%	-1,694.86%	0.00%
Return on Equity (ROE)	10.62%	11.45%	9.50%	34.61%	10.18%	42.64%	67.02%	28.04%	-1,694.65%	0.00%
Cash Return on Invested Capital (CROIC)	9.47%	38.30%	-24.78%	30.26%	-7.07%	4.74%	74.87%	-46.35%	-199.79%	0.00%
Operating Return on Assets (OROA)	5.93%	7.22%	4.91%	13.85%	4.30%	16.90%	15.21%	4.82%	-0.07%	0.00%
Return on Assets (ROA)	4.78%	4.58%	3.63%	11.40%	3.11%	14.40%	14.12%	2.10%	-1.35%	0.00%
Return on Common Equity (ROCE)	10.62%	11.45%	9.48%	34.40%	10.14%	42.64%	67.02%	18.48%	74,468.95%	0.00%
Return on Equity Simple (ROE_SIMPLE)	10.25%	10.98%	9.55%	29.08%	10.84%	34.77%	48.15%	14.13%	19.28%	0.00%
Net Operating Profit after Tax (NOPAT)	255	213	39	406	191	320	249	37	1.11	-42
NOPAT Margin	13.08%	11.56%	2.72%	22.74%	10.68%	21.01%	22.48%	4.32%	0.18%	-11.02%
Net Nonoperating Expense Percent (NNEP)	84.77%	15.71%	-18.39%	9.17%	21.15%	-3.01%	-4.34%	0.01%	3.49%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	11.64%	-	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	64.61%	65.44%	69.24%	49.48%	68.80%	52.90%	60.35%	76.35%	86.12%	102.87%
SG&A Expenses to Revenue	2.64%	2.97%	4.37%	4.14%	3.88%	3.89%	3.68%	3.65%	2.01%	1.62%
R&D to Revenue	4.07%	3.93%	5.91%	4.83%	4.07%	3.92%	4.21%	4.22%	2.93%	1.60%
Operating Expenses to Revenue	19.29%	20.17%	27.37%	23.54%	18.89%	22.32%	15.66%	15.13%	13.62%	12.87%
Earnings before Interest and Taxes (EBIT)	187	237	162	445	127	387	310	85	-0.82	-60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	208	263	185	469	144	400	315	88	1.40	-60
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.27	0.42	0.51	1.02	2.60	4.70	1.81	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.39	0.46	0.57	1.16	3.18	4.70	1.81	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.96	0.31	0.45	0.72	1.23	2.93	0.98	0.00	0.00	0.00
Price to Earnings (P/E)	12.43	3.83	5.37	3.50	24.03	13.52	3.77	0.00	0.00	0.00
Dividend Yield	2.42%	6.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.04%	26.12%	18.63%	28.54%	4.16%	7.40%	26.53%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.25	0.47	0.68	1.02	1.89	3.85	1.48	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.03	0.38	0.92	0.84	1.60	3.10	1.28	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	9.62	2.64	7.12	3.18	19.83	11.81	4.51	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	10.69	2.94	8.10	3.35	22.58	12.21	4.58	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	7.85	3.27	33.73	3.68	14.97	14.76	5.71	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	13.49	1.77	91.65	3.57	0.00	0.00	3.49	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	13.70	1.06	0.00	3.31	0.00	91.22	1.42	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.49	0.56	1.05	0.93	1.67	1.25	1.28	6.38	557.47	0.00
Long-Term Debt to Equity	0.17	0.10	0.17	0.32	0.50	0.38	0.04	0.10	51.80	0.00
Financial Leverage	0.09	0.30	0.35	0.41	0.52	0.41	2.11	9.43	517.86	0.00
Leverage Ratio	2.22	2.50	2.62	3.04	3.28	2.96	4.75	13.34	626.49	0.00
Compound Leverage Factor	2.20	1.98	2.41	2.97	2.72	2.98	4.70	11.49	6,556.13	0.00
Debt to Total Capital	32.74%	36.04%	51.28%	48.11%	62.60%	55.50%	56.07%	86.46%	99.82%	0.00%
Short-Term Debt to Total Capital	21.58%	29.58%	42.91%	31.52%	44.04%	38.66%	54.38%	85.13%	90.55%	0.00%
Long-Term Debt to Total Capital	11.16%	6.46%	8.36%	16.59%	18.57%	16.84%	1.69%	1.33%	9.27%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.26%	0.27%	0.00%	0.00%	0.00%	8.05%	0.00%
Common Equity to Total Capital	67.26%	63.96%	48.73%	51.63%	37.13%	44.50%	43.93%	13.54%	-7.87%	0.00%
Debt to EBITDA	3.44	2.93	7.15	2.50	9.86	2.96	2.42	18.91	794.78	0.00
Net Debt to EBITDA	0.60	0.46	3.66	0.43	4.56	0.67	1.06	15.91	724.58	0.00
Long-Term Debt to EBITDA	1.17	0.52	1.17	0.86	2.93	0.90	0.07	0.29	73.85	0.00
Debt to NOPAT	2.81	3.62	33.89	2.89	7.44	3.69	3.07	45.08	1,004.26	0.00
Net Debt to NOPAT	0.49	0.56	17.35	0.50	3.44	0.83	1.35	37.95	915.55	0.00
Long-Term Debt to NOPAT	0.96	0.65	5.53	1.00	2.21	1.12	0.09	0.69	93.31	0.00
Altman Z-Score	2.42	1.65	1.36	2.01	1.69	3.18	2.11	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.25%	0.59%	0.34%	0.00%	0.00%	34.10%	4,494.36%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.86	1.50	1.42	1.63	1.37	1.68	1.29	0.99	0.94	0.00
Quick Ratio	0.74	0.55	0.65	0.64	0.58	0.60	0.79	0.86	0.88	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	146	654	-421	452	-97	52	998	-636	-1,034	0.00
Operating Cash Flow to CapEx	437.73%	1,214.28%	66.42%	2,194.81%	-243.75%	-1,561.22%	5,153.82%	4,392.57%	1,181.57%	-14,255.20%
Free Cash Flow to Firm to Interest Expense	118.29	92.04	-52.21	45.58	-8.13	9.19	297.49	-54.88	-149.23	0.00
Operating Cash Flow to Interest Expense	120.07	55.21	1.78	42.26	-2.72	-19.85	121.20	22.01	7.86	-769.49
Operating Cash Flow Less CapEx to Interest Expense	92.64	50.66	-0.90	40.33	-3.84	-21.12	118.85	21.51	7.19	-774.88
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.62	0.56	0.43	0.56	0.61	0.67	0.54	0.49	0.50	0.00
Accounts Receivable Turnover	412.25	1,894.39	1,465.87	3,135.43	0.00	0.00	0.00	546.75	369.50	0.00
Inventory Turnover	322.61	191.77	129.29	119.75	109.12	68.09	55.79	42.14	34.69	0.00
Fixed Asset Turnover	26.49	35.31	39.78	71.46	109.81	120.42	101.99	109.31	103.93	0.00
Accounts Payable Turnover	146.09	223.27	201.00	76.57	47.55	28.39	21.30	18.44	17.75	0.00
Days Sales Outstanding (DSO)	0.89	0.19	0.25	0.12	0.00	0.00	0.00	0.67	0.99	0.00
Days Inventory Outstanding (DIO)	1.13	1.90	2.82	3.05	3.34	5.36	6.54	8.66	10.52	0.00
Days Payable Outstanding (DPO)	2.50	1.63	1.82	4.77	7.68	12.86	17.14	19.80	20.56	0.00
Cash Conversion Cycle (CCC)	-0.48	0.46	1.26	-1.60	-4.33	-7.49	-10.59	-10.47	-9.05	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,596	1,488	1,930	1,469	1,515	1,227	959	1,708	1,036	0.00
Invested Capital Turnover	1.26	1.08	0.84	1.20	1.31	1.39	0.83	0.62	1.20	0.00
Increase / (Decrease) in Invested Capital	109	-442	460	-45	288	268	-750	673	1,036	0.00
Enterprise Value (EV)	1,999	695	1,313	1,493	2,863	4,721	1,419	0.00	0.00	0.00
Market Capitalization	1,874	575	638	1,283	2,199	4,454	1,085	0.00	0.00	0.00
Book Value per Share	$2.24	$2.10	$1.71	$1.73	$1.17	$1.35	$1.82	$2.30	($0.79)	$0.00
Tangible Book Value per Share	$2.06	$1.91	$1.52	$1.52	$0.96	$1.35	$1.82	$2.30	($0.79)	$0.00
Total Capital	2,188	2,138	2,574	2,440	2,275	2,129	1,361	1,928	1,115	0.00
Total Debt	716	771	1,320	1,174	1,424	1,182	763	1,667	1,113	0.00
Total Long-Term Debt	244	138	215	405	422	358	23	26	103	0.00
Net Debt	125	120	676	203	659	267	334	1,403	1,014	0.00
Capital Expenditures (CapEx)	34	32	22	19	13	7.16	7.89	5.81	4.61	1.59
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,057	888	1,279	887	993	944	671	1,362	851	0.00
Debt-free Net Working Capital (DFNWC)	1,610	1,503	1,873	1,784	1,678	1,786	1,073	1,622	946	0.00
Net Working Capital (NWC)	1,138	870	768	1,015	677	962	333	-19	-63	0.00
Net Nonoperating Expense (NNE)	104	62	-81	40	100	-9.64	-39	0.08	18	4.88
Net Nonoperating Obligations (NNO)	125	120	676	203	664	279	361	1,447	1,034	0.00
Total Depreciation and Amortization (D&A)	21	26	22	24	18	13	4.76	3.60	2.22	0.21
Debt-free, Cash-free Net Working Capital to Revenue	54.34%	48.29%	89.44%	49.68%	55.44%	62.01%	60.70%	159.01%	136.83%	0.00%
Debt-free Net Working Capital to Revenue	82.72%	81.71%	130.93%	99.90%	93.70%	117.29%	97.02%	189.37%	152.06%	0.00%
Net Working Capital to Revenue	58.47%	47.32%	53.72%	56.84%	37.77%	63.22%	30.09%	-2.20%	-10.17%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.58	$4.15	$3.04	$8.32	$2.13	$8.30	$2.55	$0.23	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	331.40M	328.52M	348.05M	368.46M	364.73M	355.63M	337.88M	113.62M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.44	$3.17	$2.21	$5.73	$1.56	$6.14	$5.45	$0.18	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	339.26M	359.82M	392.76M	414.99M	411.23M	375.83M	362.76M	140.85M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	673.05M	656.52M	650.91M	735.47M	728.17M	718.83M	702.47M	327.72M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	255	213	39	406	191	320	249	37	1.11	-42
Normalized NOPAT Margin	13.08%	11.56%	2.72%	22.74%	10.68%	21.01%	22.48%	4.32%	0.18%	-11.02%
Pre Tax Income Margin	9.53%	10.16%	10.43%	24.34%	5.89%	25.52%	27.77%	8.50%	-1.38%	-15.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	151.57	33.29	20.10	44.94	10.63	68.69	92.33	7.30	-0.12	-205.80
NOPAT to Interest Expense	206.34	29.90	4.83	40.99	16.04	56.80	74.06	3.19	0.16	-144.11
EBIT Less CapEx to Interest Expense	124.14	28.74	17.42	43.01	9.52	67.41	89.98	6.80	-0.78	-211.20
NOPAT Less CapEx to Interest Expense	178.91	25.36	2.15	39.07	14.92	55.53	71.71	2.69	-0.51	-149.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.94%	12.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	14.94%	12.72%	39.58%	0.00%	0.00%	0.00%	1.94%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for LexinFintech are available.

Frequently Asked Questions About LexinFintech's Financials

When does LexinFintech's fiscal year end?

According to the most recent income statement we have on file, LexinFintech's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has LexinFintech's net income changed over the last 9 years?

LexinFintech's net income appears to be on an upward trend, with a most recent value of $150.76 million in 2024, falling from -$47.23 million in 2015. The previous period was $150.14 million in 2023. View LexinFintech's forecast to see where analysts expect LexinFintech to go next.

What is LexinFintech's operating income?

LexinFintech's total operating income in 2024 was $313.21 million, based on the following breakdown:

Total Gross Profit: $688.59 million
Total Operating Expenses: $375.38 million

How has LexinFintech revenue changed over the last 9 years?

Over the last 9 years, LexinFintech's total revenue changed from $384.42 million in 2015 to $1.95 billion in 2024, a change of 406.2%.

How much debt does LexinFintech have?

LexinFintech's total liabilities were at $1.58 billion at the end of 2024, a 16.7% decrease from 2023, and a 26.2% increase since 2016.

How much cash does LexinFintech have?

In the past 8 years, LexinFintech's cash and equivalents has ranged from $68.77 million in 2016 to $418.06 million in 2021, and is currently $308.83 million as of their latest financial filing in 2024.

How has LexinFintech's book value per share changed over the last 9 years?

Over the last 9 years, LexinFintech's book value per share changed from 0.00 in 2015 to 2.24 in 2024, a change of 224.1%.

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This page (NASDAQ:LX) was last updated on 5/28/2025 by MarketBeat.com Staff

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LexinFintech (LX) Financials

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LexinFintech (LX) Financials

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