(LX) Lexinfintech Holdings - Overview
Sector: Financial Services | Industry: Credit Services | Exchange: NASDAQ (USA) | Market Cap: 318m USD | Total Return: -70.4% in 12m
Avg Turnover: 2.51M
EPS Trend: -16.8%
Rev. Trend: 47.7%
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
LexinFintech Holdings Ltd. is a Shenzhen-based financial technology service provider operating primarily through its Fenqile platform in China. The company integrates online direct sales with consumer finance, offering installment loans and credit-driven services such as customer acquisition, credit screening, and loan collection for financial institution partners.
The business model relies on a proprietary technology stack to facilitate scenario-based lending and buy-now, pay-later services. In the Chinese consumer finance sector, companies like LexinFintech increasingly act as intermediaries between traditional banks and younger, digitally native consumers who require flexible credit solutions for retail purchases.
A deeper dive into the companys risk profile and fundamental metrics is available on ValueRay for those conducting further due diligence.
Beyond its core lending operations, LexinFintech provides technical support, software development, and financing guarantees to institutional clients. This diversified approach allows the firm to generate revenue from both direct interest income and fee-based technology services provided to the broader financial ecosystem.
- Growth in loan origination volume drives interest and service fee revenue
- Asset quality and delinquency rates dictate credit impairment loss fluctuations
- Chinese regulatory shifts impact lending interest rate caps and capital requirements
- Consumer credit demand sensitivity to broader Chinese macroeconomic recovery trends
- Funding cost volatility from institutional partners influences net interest margins
| Net Income: 1.45b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 10.38 > 1.0 |
| NWC/Revenue: 79.92% < 20% (prev 60.00%; Δ 19.91% < -1%) |
| CFO/TA 0.16 > 3% & CFO 3.61b > Net Income 1.45b |
| Net Debt (843.6m) to EBITDA (1.64b): 0.51 < 3 |
| Current Ratio: 4.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (173.0m) vs 12m ago -3.77% < -2% |
| Gross Margin: 51.75% > 18% (prev 0.37%; Δ 5.14k% > 0.5%) |
| Asset Turnover: 56.81% > 50% (prev 62.18%; Δ -5.38% > 0%) |
| Interest Coverage Ratio: 16.48 > 6 (EBITDA TTM 1.64b / Interest Expense TTM 93.3m) |
| A: 0.45 (Total Current Assets 13.7b - Total Current Liabilities 3.35b) / Total Assets 23.2b |
| B: 0.34 (Retained Earnings 7.82b / Total Assets 23.2b) |
| C: 0.07 (EBIT TTM 1.54b / Avg Total Assets 22.9b) |
| D: 0.81 (Book Value of Equity 9.06b / Total Liabilities 11.2b) |
| Altman-Z'' = 5.34 = AAA |
| DSRI: 2.20 (Receivables 9.79b/4.82b, Revenue 13.0b/14.1b) |
| GMI: 0.71 (GM 51.75% / 36.99%) |
| AQI: 2.29 (AQ_t 0.37 / AQ_t-1 0.16) |
| SGI: 0.92 (Revenue 13.0b / 14.1b) |
| TATA: -0.09 (NI 1.45b - CFO 3.61b) / TA 23.2b) |
| Beneish M = -1.69 (Cap -4..+1) = CCC |
As of May 26, 2026, the stock is trading at USD 1.96 with a total of 3,333,100 shares traded.
Over the past week, the price has changed by +0.51%,
over one month by -7.98%,
over three months by -27.18% and
over the past year by -70.36%.
Lexinfintech Holdings has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy LX.
- StrongBuy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 4.1 | 110.7% |
Market Cap CNY = 2.16b (318.0m USD * 6.7948 USD.CNY)
P/E Trailing = 1.3885
P/E Forward = 2.3496
P/S = 0.0242
P/B = 0.1963
Revenue TTM = 13.0b CNY
EBIT TTM = 1.54b CNY
EBITDA TTM = 1.64b CNY
Long Term Debt = 1.42b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 3.35b CNY (from shortTermDebt, last quarter)
Debt = 4.80b CNY (from shortLongTermDebtTotal, last quarter) + Leases 32.3m
Net Debt = 843.6m CNY (calculated: Debt 4.80b - CCE 3.95b)
Enterprise Value = 3.00b CNY (2.16b + Debt 4.80b - CCE 3.95b)
Interest Coverage Ratio = 16.48 (Ebit TTM 1.54b / Interest Expense TTM 93.3m)
EV/FCF = 0.92x (Enterprise Value 3.00b / FCF TTM 3.26b)
FCF Yield = 108.6% (FCF TTM 3.26b / Enterprise Value 3.00b)
FCF Margin = 25.07% (FCF TTM 3.26b / Revenue TTM 13.0b)
Net Margin = 11.18% (Net Income TTM 1.45b / Revenue TTM 13.0b)
Gross Margin = 51.75% ((Revenue TTM 13.0b - Cost of Revenue TTM 6.28b) / Revenue TTM)
Gross Margin QoQ = 71.07% (prev 71.07%)
Tobins Q-Ratio = 0.13 (Enterprise Value 3.00b / Total Assets 23.2b)
Interest Expense / Debt = 1.94% (Interest Expense 93.3m / Debt 4.80b)
Taxrate = 19.52% (51.2m / 262.3m)
NOPAT = 1.24b (EBIT 1.54b * (1 - 19.52%))
Current Ratio = 4.10 (Total Current Assets 13.7b / Total Current Liabilities 3.35b)
Debt / Equity = 0.40 (Debt 4.80b / totalStockholderEquity, last quarter 12.0b)
Debt / EBITDA = 0.51 (Net Debt 843.6m / EBITDA 1.64b)
Debt / FCF = 0.26 (Net Debt 843.6m / FCF TTM 3.26b)
Total Stockholder Equity = 11.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.35% (Net Income 1.45b / Total Assets 23.2b)
RoE = 12.29% (Net Income TTM 1.45b / Total Stockholder Equity 11.8b)
RoCE = 11.60% (EBIT 1.54b / Capital Employed (Equity 11.8b + L.T.Debt 1.42b))
RoIC = 5.41% (NOPAT 1.24b / Invested Capital 22.9b)
WACC = 4.03% (E(2.16b)/V(6.96b) * Re(9.50%) + D(4.80b)/V(6.96b) * Rd(1.94%) * (1-Tc(0.20)))
Discount Rate = 9.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 1.87%
[DCF] Terminal Value 77.97% ; FCFF base≈2.29b ; Y1≈2.63b ; Y5≈3.86b
[DCF] Fair Price = 443.9 (EV 58.2b - Net Debt 843.6m = Equity 57.3b / Shares 129.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -16.79 | EPS CAGR: -7.68% | SUE: N/A | # QB: 0
Revenue Correlation: 47.72 | Revenue CAGR: 3.01% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=6.00 | Chg30d=-32.02% | Revisions=-43% | GrowthEPS=-40.6% | GrowthRev=-10.0%
EPS next Year (2027-12-31): EPS=8.17 | Chg30d=-18.48% | Revisions=-33% | GrowthEPS=+36.0% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: -43%