(LX) Lexinfintech Holdings - Ratings and Ratios
Installment Loans, Online Sales, Credit Services, Fintech Platform
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.62% |
| Yield on Cost 5y | 5.45% |
| Yield CAGR 5y | 61.89% |
| Payout Consistency | 100.0% |
| Payout Ratio | 7.2% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 47.6% |
| Value at Risk 5%th | 71.3% |
| Relative Tail Risk | -8.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.43 |
| Alpha | -67.06 |
| CAGR/Max DD | 0.04 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.349 |
| Beta | 1.137 |
| Beta Downside | 1.347 |
| Drawdowns 3y | |
|---|---|
| Max DD | 72.43% |
| Mean DD | 37.04% |
| Median DD | 41.10% |
Description: LX Lexinfintech Holdings November 14, 2025
LexinFintech Holdings Ltd. (NASDAQ:LX) operates a suite of online consumer-finance platforms in China, most notably Fenqile, which combines installment-purchase e-commerce with personal loans, and Lehua Card, a scenario-based lending product. The firm also runs a buy-now-pay-later service (Maiya), an investment portal (Juzi Licai), and provides fintech infrastructure-such as credit-screening, loan-collection, guarantee and insurance services-to financial institutions and other partners. The business model is therefore a hybrid of direct-to-consumer credit and B2B technology licensing.
From the most recent annual filing (FY 2023), LexinFintech disclosed roughly $210 million in revenue and a loan-originations portfolio of about $2.5 billion, with a gross margin near 45 %. The company’s growth is tightly linked to two sector drivers: (1) China’s expanding middle-class consumer base, which fuels demand for flexible financing on e-commerce purchases, and (2) the regulatory environment-recent tightening of “micro-loan” rules by the People’s Bank of China has compressed credit spreads and increased compliance costs across the consumer-finance industry. A key macro indicator is household debt-to-GDP, which has risen to ~60 % in 2023, suggesting both opportunity (more borrowers) and risk (higher default pressure).
For anyone looking to dig deeper into LexinFintech’s valuation dynamics, a quick look at ValueRay’s analyst notes can provide useful context on how the company’s credit-risk profile compares with peers in the Chinese fintech space.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (1.83b TTM) > 0 and > 6% of Revenue (6% = 826.1m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -7.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 59.28% (prev 51.81%; Δ 7.47pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 1.08b <= Net Income 1.83b (YES >=105%, WARN >=100%) |
| Net Debt (2.57b) to EBITDA (2.23b) ratio: 1.15 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.80 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (178.1m) change vs 12m ago 5.80% (target <= -2.0% for YES) |
| Gross Margin 37.13% (prev 37.09%; Δ 0.04pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 60.40% (prev 62.39%; Δ -2.00pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 63.64 (EBITDA TTM 2.23b / Interest Expense TTM 17.3m) >= 6 (WARN >= 3) |
Altman Z'' 4.56
| (A) 0.35 = (Total Current Assets 18.39b - Total Current Liabilities 10.23b) / Total Assets 23.07b |
| (B) 0.33 = Retained Earnings (Balance) 7.69b / Total Assets 23.07b |
| (C) 0.05 = EBIT TTM 1.10b / Avg Total Assets 22.80b |
| (D) 0.79 = Book Value of Equity 8.84b / Total Liabilities 11.24b |
| Total Rating: 4.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.63
| 1. Piotroski 4.50pt |
| 2. FCF Yield 11.23% |
| 3. FCF Margin 6.06% |
| 4. Debt/Equity 0.40 |
| 5. Debt/Ebitda 1.15 |
| 6. ROIC - WACC (= 0.24)% |
| 7. RoE 16.09% |
| 8. Rev. Trend 78.59% |
| 9. EPS Trend -37.81% |
What is the price of LX shares?
Over the past week, the price has changed by -7.67%, over one month by -7.38%, over three months by -40.40% and over the past year by -46.59%.
Is LX a buy, sell or hold?
- Strong Buy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the LX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11.7 | 287% |
| Analysts Target Price | 11.7 | 287% |
| ValueRay Target Price | 3.3 | 8.3% |
LX Fundamental Data Overview January 12, 2026
P/E Trailing = 3.2344
P/E Forward = 2.3496
P/S = 0.0368
P/B = 0.2997
Beta = 0.68
Revenue TTM = 13.77b CNY
EBIT TTM = 1.10b CNY
EBITDA TTM = 2.23b CNY
Long Term Debt = 917.9m CNY (from longTermDebt, last quarter)
Short Term Debt = 3.84b CNY (from shortTermDebt, last quarter)
Debt = 4.76b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.57b CNY (from netDebt column, last quarter)
Enterprise Value = 7.43b CNY (4.86b + Debt 4.76b - CCE 2.19b)
Interest Coverage Ratio = 63.64 (Ebit TTM 1.10b / Interest Expense TTM 17.3m)
EV/FCF = 8.90x (Enterprise Value 7.43b / FCF TTM 834.4m)
FCF Yield = 11.23% (FCF TTM 834.4m / Enterprise Value 7.43b)
FCF Margin = 6.06% (FCF TTM 834.4m / Revenue TTM 13.77b)
Net Margin = 13.26% (Net Income TTM 1.83b / Revenue TTM 13.77b)
Gross Margin = 37.13% ((Revenue TTM 13.77b - Cost of Revenue TTM 8.66b) / Revenue TTM)
Gross Margin QoQ = 34.91% (prev 35.48%)
Tobins Q-Ratio = 0.32 (Enterprise Value 7.43b / Total Assets 23.07b)
Interest Expense / Debt = 0.11% (Interest Expense 5.39m / Debt 4.76b)
Taxrate = 19.41% (125.5m / 646.8m)
NOPAT = 886.1m (EBIT 1.10b * (1 - 19.41%))
Current Ratio = 1.80 (Total Current Assets 18.39b / Total Current Liabilities 10.23b)
Debt / Equity = 0.40 (Debt 4.76b / totalStockholderEquity, last quarter 11.82b)
Debt / EBITDA = 1.15 (Net Debt 2.57b / EBITDA 2.23b)
Debt / FCF = 3.07 (Net Debt 2.57b / FCF TTM 834.4m)
Total Stockholder Equity = 11.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.01% (Net Income 1.83b / Total Assets 23.07b)
RoE = 16.09% (Net Income TTM 1.83b / Total Stockholder Equity 11.34b)
RoCE = 8.97% (EBIT 1.10b / Capital Employed (Equity 11.34b + L.T.Debt 917.9m))
RoIC = 5.40% (NOPAT 886.1m / Invested Capital 16.41b)
WACC = 5.16% (E(4.86b)/V(9.62b) * Re(10.11%) + D(4.76b)/V(9.62b) * Rd(0.11%) * (1-Tc(0.19)))
Discount Rate = 10.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.58%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈1.52b ; Y1≈1.00b ; Y5≈456.4m
Fair Price DCF = 90.32 (EV 14.54b - Net Debt 2.57b = Equity 11.98b / Shares 132.6m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -37.81 | EPS CAGR: -67.62% | SUE: 0.0 | # QB: 0
Revenue Correlation: 78.59 | Revenue CAGR: 12.47% | SUE: 4.0 | # QB: 1
EPS next Year (2026-12-31): EPS=18.37 | Chg30d=-0.071 | Revisions Net=-1 | Growth EPS=+41.2% | Growth Revenue=+17.9%
Additional Sources for LX Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle