Snowflake Score | |
---|---|
Valuation | 6/6 |
Future Growth | 1/6 |
Past Performance | 6/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
LX Stock Overview
LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the People’s Republic of China.
LexinFintech Holdings Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$2.42 |
52 Week High | US$13.62 |
52 Week Low | US$1.90 |
Beta | 0.72 |
1 Month Change | -6.56% |
3 Month Change | -34.06% |
1 Year Change | -73.02% |
3 Year Change | -79.93% |
5 Year Change | n/a |
Change since IPO | -77.38% |
Recent News & Updates
LexinFintech: New Regulatory Developments Draw Attention
LX's bottom line grew strongly in Q3 2021, but its operating revenue declined as a result of lower loan pricing which is required to comply with new regulatory guidelines. The regulators have provided more clarity on the credit reporting requirements and the allowable interest rate cap for online consumer firms, which I view as a key positive for LX. I upgrade LexinFintech's investment rating to a Buy, on the basis of its undemanding valuations and reduced regulatory risks.
Shareholder Returns
LX | US Consumer Finance | US Market | |
---|---|---|---|
7D | 10.0% | 2.7% | 0.1% |
1Y | -73.0% | -21.1% | -12.7% |
Return vs Industry: LX underperformed the US Consumer Finance industry which returned -20.1% over the past year.
Return vs Market: LX underperformed the US Market which returned -11.5% over the past year.
Price Volatility
LX volatility | |
---|---|
LX Average Weekly Movement | 15.2% |
Consumer Finance Industry Average Movement | 9.0% |
Market Average Movement | 8.0% |
10% most volatile stocks in US Market | 17.0% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: LX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: LX's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2013 | 3,896 | Jay Xiao | https://www.lexin.com |
LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the People’s Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as provides online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform.
LexinFintech Holdings Fundamentals Summary
LX fundamental statistics | |
---|---|
Market Cap | CN¥2.87b |
Earnings (TTM) | CN¥2.33b |
Revenue (TTM) | CN¥11.38b |
1.3x
P/E Ratio0.3x
P/S RatioIs LX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
LX income statement (TTM) | |
---|---|
Revenue | CN¥11.38b |
Cost of Revenue | CN¥2.16b |
Gross Profit | CN¥6.28b |
Other Expenses | CN¥3.95b |
Earnings | CN¥2.33b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 12.66 |
Gross Margin | 55.19% |
Net Profit Margin | 20.51% |
Debt/Equity Ratio | 92.7% |
How did LX perform over the long term?
See historical performance and comparisonValuation
Is LexinFintech Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LX ($2.42) is trading below our estimate of fair value ($19.15)
Significantly Below Fair Value: 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 (1.3x) compared to the US Consumer Finance industry average (6.3x).
PE vs Market: LX is good value based on its PE Ratio (1.3x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: LX is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: LX is good value based on its PB Ratio (0.4x) compared to the US Consumer Finance industry average (1.1x).
Future Growth
How is LexinFintech Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LX's forecast earnings growth (3% per year) is above the savings rate (1.9%).
Earnings vs Market: LX's earnings (3% per year) are forecast to grow slower than the US market (12.4% per year).
High Growth Earnings: LX's earnings are forecast to grow, but not significantly.
Revenue vs Market: LX's revenue (6.1% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: LX's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LX's Return on Equity is forecast to be low in 3 years time (18.4%).
Past Performance
How has LexinFintech Holdings performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
37.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LX has high quality earnings.
Growing Profit Margin: LX's current net profit margins (20.5%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: LX has become profitable over the past 5 years, growing earnings by 37.4% per year.
Accelerating Growth: LX's earnings growth over the past year (292.3%) exceeds its 5-year average (37.4% per year).
Earnings vs Industry: LX earnings growth over the past year (292.3%) exceeded the Consumer Finance industry 29%.
Return on Equity
High ROE: LX's Return on Equity (28.9%) is considered high.
Financial Health
How is LexinFintech Holdings's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: LX's short term assets (CN¥16.7B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: LX's short term assets (CN¥16.7B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: LX's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: LX's debt to equity ratio has reduced from 61583.2% to 92.7% over the past 5 years.
Debt Coverage: LX's debt is well covered by operating cash flow (35.7%).
Interest Coverage: LX's interest payments on its debt are well covered by EBIT (48.6x coverage).
Balance Sheet
Dividend
What is LexinFintech Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LX has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Jay Xiao (38 yo)
8.75yrs
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...
Leadership Team
Experienced Management: LX's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: LX's board of directors are considered experienced (4.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
LexinFintech Holdings Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: LexinFintech Holdings Ltd.
- Ticker: LX
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Consumer Finance
- Sector: Diversified Financials
- Implied Market Cap: US$427.783m
- Shares outstanding: 184.39m
- Website: https://www.lexin.com
Number of Employees
Location
- LexinFintech Holdings Ltd.
- CES Tower
- 27th Floor
- Shenzhen
- Guangdong Province
- 518057
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/19 00:00 |
End of Day Share Price | 2022/05/19 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.