LexinFintech Holdings
Market Cap
US$1.8b
Last Updated
2019/10/17 00:40 UTC
Data Sources
Company Financials +
Executive Summary
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young adults in the People’s Republic of China.
Snowflake
Fundamentals
Undervalued with solid track record.
Similar Companies
Share Price & News
How has LexinFintech Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
9.8%
LX
3.2%
US Consumer Finance
2.3%
US Market
1 Year Return
8.3%
LX
5.5%
US Consumer Finance
5.6%
US Market
Return vs Industry: LX exceeded the US Consumer Finance industry which returned 5.5% over the past year.
Return vs Market: LX exceeded the US Market which returned 5.6% over the past year.
Shareholder returns
| LX | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.8% | 3.2% | 2.3% |
| 30 Day | -11.0% | -3.9% | -1.0% |
| 90 Day | -10.5% | -6.6% | -0.7% |
| 1 Year | 8.3%8.3% | 7.3%5.5% | 7.9%5.6% |
| 3 Year | n/a | 59.7%52.0% | 45.6%36.3% |
| 5 Year | n/a | 42.2%31.8% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is LexinFintech Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Here's How P/E Ratios Can Help Us Understand LexinFintech Holdings Ltd. (NASDAQ:LX)2 months ago | Simply Wall St
Here's Why I Think LexinFintech Holdings (NASDAQ:LX) Might Deserve Your Attention Today3 months ago | Simply Wall St
Is LexinFintech Holdings (NASDAQ:LX) A Risky Investment?Valuation
Is LexinFintech Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: LX ($10.15) is trading below our estimate of fair value ($49.37)
Significantly Undervalued: LX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LX is good value based on its PE Ratio (5.7x) compared to the Consumer Finance industry average (8.2x).
PE vs Market: LX is good value based on its PE Ratio (5.7x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: LX is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: LX is overvalued based on its PB Ratio (2.4x) compared to the US Consumer Finance industry average (1.2x).
Next Steps
Future Growth
How is LexinFintech Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
16.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LX's forecast earnings growth (16.7% per year) is above the savings rate (2.7%).
Earnings vs Market: LX's earnings (16.7% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: LX's earnings are forecast to grow, but not significantly.
Revenue vs Market: LX's revenue (13.8% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: LX's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: LX's Return on Equity is forecast to be high in 3 years time (25.4%)
Next Steps
Past Performance
How has LexinFintech Holdings performed over the past 5 years?
113.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LX's earnings have grown significantly by 113.2% per year over the past 5 years.
Accelerating Growth: LX's earnings growth over the past year (243.1%) exceeds its 5-year average (113.2% per year).
Earnings vs Industry: LX earnings growth over the past year (243.1%) exceeded the Consumer Finance industry 25.5%.
Return on Equity
High ROE: LX's Return on Equity (41.7%) is considered outstanding.
Return on Assets
ROA vs Industry: LX has a higher Return on Assets than the Consumer Finance industry average last year.
Return on Capital Employed
ROCE Improving: LX's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is LexinFintech Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: LX has a low level of unsold assets or inventory.
Debt Coverage by Assets: LX's debt is covered by short term assets (assets are 2.512670x debt).
Financial Institutions Analysis
Asset Level: LX's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if LX has a sufficient allowance for bad loans.
Low Risk Liabilities: LX reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if LX has an acceptable proportion of non-loan assets held.
Low Risk Deposits: LX has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if LX has an appropriate level of bad loans.
Next Steps
Dividend
What is LexinFintech Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate LX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if LX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of LexinFintech Holdings's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Jay Xiao (36yo)
6.2yrs
Tenure
Mr. Wenjie Xiao, also known as Jay, has been the Chief Executive Officer and Director of LexinFintech Holdings Ltd. since August 2013. Mr. Xiao has served as chairman of the board at LexinFintech Holdings ...
Management Age and Tenure
3.5yrs
Average Tenure
41yo
Average Age
Experienced Management: LX's management team is considered experienced (3.5 years average tenure).
Board Age and Tenure
1.8yrs
Average Tenure
43yo
Average Age
Experienced Board: LX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Craig Zeng (51yo)
CFO & Director
- Tenure: 1.8yrs
Jay Xiao (36yo)
Chairman & CEO
- Tenure: 6.2yrs
Jared Wu (40yo)
President & Director
- Tenure: 1.9yrs
Kris Qiao (41yo)
Chief Financing Cooperation Officer
- Tenure: 3.5yrs
Ryan Liu (41yo)
Chief Risk Officer
- Tenure: 4.5yrs
Tony Hung
Investor Contact
- Tenure: 0yrs
Shirley Yang (48yo)
Chief Human Resources Officer
- Tenure: 0.7yrs
Board Members
Suining Xiao (71yo)
Director
- Tenure: 0.08yrs
Free Wu (43yo)
Independent Director
- Tenure: 1.6yrs
Min Xiao (40yo)
Director
- Tenure: 0.4yrs
Keyi Chen (41yo)
Director
- Tenure: 5.3yrs
Craig Zeng (51yo)
CFO & Director
- Tenure: 1.8yrs
Neng Wang (45yo)
Independent Director
- Tenure: 1.6yrs
Jay Xiao (36yo)
Chairman & CEO
- Tenure: 6.2yrs
Jared Wu (40yo)
President & Director
- Tenure: 1.9yrs
Wei Wu (54yo)
Independent Director
- Tenure: 1.8yrs
Company Information
LexinFintech Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: LexinFintech Holdings Ltd.
- Ticker: LX
- Exchange: NasdaqGM
- Founded: 2013
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$1.814b
- Shares outstanding: 178.72m
- Website: https://ir.lexinfintech.com
Number of Employees
Location
- LexinFintech Holdings Ltd.
- CES Tower
- 27th Floor
- Shenzhen
- Guangdong Province
- 518052
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LX | NasdaqGM (Nasdaq Global Market) | Yes | EACH ADS REP 2 ORD SHS CLASS A | US | USD | Dec 2017 |
| 1LFA | DB (Deutsche Boerse AG) | Yes | EACH ADS REP 2 ORD SHS CLASS A | DE | EUR | Dec 2017 |
Biography
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young adults in the People’s Republic of China. The company operates Fenqile.com, a retail and onli ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 00:40 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.