Lexinfintech Hlds

Lexinfintech Holdings Ltd. engages in the provision of online consumer finance platforms. Through its subsidiaries, it provides online direct sales with installment payment terms; installment purchase loans; and personal installment loans. Its services are offered though its online consumer finance platform, www.fenqile.com; and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013 and is headquartered in Shenzhen, China.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Lexinfintech (LX) excels in Q1 2024, eyes growth and innovation

Lexinfintech Hlds (LX) delivered a robust performance in Q1 2024, focusing on asset quality, risk management, and innovation.
The company's strategic efforts to reduce high-risk assets, improve risk performance, and expand overseas business position it for future growth.
While facing challenges in risk identification and credit demand trends, Lexinfintech's strong financial results and low funding costs offer opportunities for expansion and innovation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lexinfintech Holdings Ltd. engages in the business of matching consumers with credit needs to its financial institution partners through its proprietary platform and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013 and is headquartered in Shenzhen, China.

SHENZHEN, China, May 26, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that Mr. Craig Yan Zeng has tendered in his resignation as the Chief Financial Officer (“CFO”), effective on June 7, 2021. Mr. Kris Qiao Qian, Lexin's Chief Financing Cooperation Officer, has been appointed as the acting CFO. Mr. Zeng's resignation from his position was due to personal reasons, and he will remain as a director of the board of directors of the Company (the “Board”) and also serve as a senior consultant to the company following his resignation.

LexinFintech Holdings Ltd. Announces Resignation of Chief Financial Officer

The stock is up almost 40% year to date, with room to run.

LexinFintech Is the Best Fintech Stock Nobody's Talking About

Lexinfintech is well-positioned for growth in 2021 and beyond.

Despite a Rough 2020, This Chinese Fintech Stock Has Brighter Days Ahead

Lexinfintech Holdings Ltd (LX) CEO Jay Xiao on Q4 2020 Results - Earnings Call Transcript

SHENZHEN, China, March 18, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced its unaudited financial results for the quarter ended December 31, 2020.

LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

SHENZHEN, China, March 12, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2020 after the U.S. market closes on Thursday, March 18, 2021.

LexinFintech Holdings Ltd. to Report Fourth Quarter and Full Year 2020 Unaudited Financial Results on March 18, 2021

The company is adopting new services to position itself for the next phase of growth.

LexinFintech Looks to Enter "Buy Now, Pay Later" Market in China

SHENZHEN, China, Feb. 02, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that it has appointed Mr. Erwin Yong Lu as the Company's chief technology officer, effective February 1, 2021.

LexinFintech Holdings Ltd. Appoints Chief Technology Officer

A Diversified Financials stock offering growth and great value. Decorrelated Chinese firm offering major upside potential.

LexinFintech: A GARP Opportunity

Dynavax Technologies

One is making a COVID-19 vaccine; the other is a fintech.

2 Great Stocks Under $10 a Share

Loan originations are very much headed in the right direction for the Chinese company.

Why LexinFintech Holdings Crushed the Market on Monday

The stock price of LexinFintech Holdings Ltd (NASDAQ: LX) has increased by over 7% pre-market. This is why it happened.

LX Stock Price Increases Over 7% Pre-Market: Why It Happened

Pre-pandemic loan origination target is achieved, with continued strong growth expected and improving asset quality; P2P balances have also been reduced to zero Pre-pandemic loan origination target is achieved, with continued strong growth expected and improving asset quality; P2P balances have also been reduced to zero

LexinFintech Holdings Ltd. Gives 2021 Loan Origination Guidance, Achieves 2020 Loan Origination Target

Investors need to pay close attention to Lexin (LX) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Lexin (LX) Stock?

LexinFintech's business is improving, both in size and quality, after the COVID-19 lockdown in China.

This Chinese Fintech Stock Is Executing Amid COVID-19 Disruptions

LexinFintech Holdings Ltd. (LX) CEO Jay Xiao on Q3 2020 Results - Earnings Call Transcript

Shares of LexinFintech Holdings (NASDAQ:LX) moved higher by 4.6% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 40.74% year over year to $0.32, which beat the estimate of $0.27.

Recap: LexinFintech Holdings Q3 Earnings

SHENZHEN, China, Nov. 24, 2020 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced its unaudited financial results for the quarter ended September 30, 2020.

LexinFintech Holdings Ltd. Reports Third Quarter 2020 Unaudited Financial Results

SHENZHEN, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2020 before the U.S. market opens on Tuesday, November 24, 2020.

LexinFintech Holdings Ltd. to Report Third Quarter 2020 Unaudited Financial Results on November 24, 2020

NEW YORK, Nov. 9, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX) and certain of its officers. The class action, filed in United States District Court for the District of New...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in LexinFintech Holdings Ltd. of Class Action Lawsuit and Upcoming Deadline - LX

Los Angeles, California--(Newsfile Corp. - November 9, 2020) -  The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against LexinFintech Holdings Ltd. ("LexinFintech" or "the Company") (NASDAQ: LX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities pursuant and/or traceable to LexinFintech's initial public offering...

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against LexinFintech Holdings Ltd. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

This leading Chinese fintech is well positioned for multiyear growth.

Forget Ant Group: Consider This Chinese Fintech Instead

New York, New York--(Newsfile Corp. - November 6, 2020) -  Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LexinFintech Holdings Ltd. (NASDAQ: LX): (i) pursuant and/or traceable to LexinFintech's initial public offering ("IPO") conducted on or about December 21, 2017; and/or (ii) between December 21, 2017 and August 24, 2020, inclusive (the "Class Period") of the important November 9, 2020 lead plaintiff deadline in the securities class action...

LX Final Deadline Monday: Rosen, Top Ranked Global Investor Counsel, Reminds LexinFintech Holdings Ltd. Investors of Important November 9 Deadline in Securities Class Action Lawsuit First Filed by the Firm - LX

LOS ANGELES--(BUSINESS WIRE)---- $LX #classaction--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 9, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased LexinFintech Holdings Ltd. (“LexinFintech” or the “Company”) (NASDAQ: LX): (a) American Depositary Shares (“ADSs” or “shares”) pursuant and/or traceable to the Company's December 2017 initial public offering (“IPO” or the “Offering”); and/or (b) securities between December 21, 201

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against LexinFintech Holdings Ltd.

Los Angeles, California--(Newsfile Corp. - November 6, 2020) -  The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against LexinFintech Holdings Ltd. (NASDAQ: LX) ("LexinFintech" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities pursuant and/or traceable to LexinFintech's initial public offering...

DEADLINE MONDAY ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against LexinFintech Holdings Ltd. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

News for Lexinfintech Hlds Stock (LX)