Lexinfintech Holdings Ltd
LexinFintech Holdings Ltd., together with its subsidiaries, offers online direct sales and online consumer finance services in the People's Republic of China. The company provides Fenqile, an online consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales of electronic, home appliance, and general merchandise products with installme… Read more
Lexinfintech Holdings Ltd (LX) - Net Assets
Latest net assets as of September 2025: $11.82 Billion USD
Based on the latest financial reports, Lexinfintech Holdings Ltd (LX) has net assets worth $11.82 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.07 Billion) and total liabilities ($11.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.82 Billion |
| % of Total Assets | 51.26% |
| Annual Growth Rate | 56.2% |
| 5-Year Change | 94.19% |
| 10-Year Change | N/A |
| Growth Volatility | 86.61 |
Lexinfintech Holdings Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Lexinfintech Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lexinfintech Holdings Ltd (2015–2024)
The table below shows the annual net assets of Lexinfintech Holdings Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.74 Billion | +10.61% |
| 2023-12-31 | $9.71 Billion | +12.27% |
| 2022-12-31 | $8.65 Billion | +7.20% |
| 2021-12-31 | $8.07 Billion | +45.87% |
| 2020-12-31 | $5.53 Billion | -16.20% |
| 2019-12-31 | $6.60 Billion | +60.70% |
| 2018-12-31 | $4.11 Billion | +141.36% |
| 2017-12-31 | $1.70 Billion | +138.95% |
| 2016-12-31 | $712.10 Million | +267.30% |
| 2015-12-31 | $193.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lexinfintech Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 821306300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.78 Billion | 72.47% |
| Common Stock | $246.00K | 0.00% |
| Other Comprehensive Income | $-29.56 Million | -0.28% |
| Other Components | $2.99 Billion | 27.80% |
| Total Equity | $10.74 Billion | 100.00% |
Lexinfintech Holdings Ltd Competitors by Market Cap
The table below lists competitors of Lexinfintech Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$588.69 Million |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
$588.72 Million |
|
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A
SHG:688439
|
$588.86 Million |
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$589.13 Million |
|
Jiangsu Province Commun
SHG:603018
|
$588.36 Million |
|
Etablissements Maurel et Prom SA
PA:MAU
|
$587.91 Million |
|
Changyuan Group Ltd
SHG:600525
|
$587.87 Million |
|
Redcare Pharmacy NV
XETRA:RDC
|
$587.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lexinfintech Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,710,082,000 to 10,740,006,000, a change of 1,029,924,000 (10.6%).
- Net income of 1,100,460,000 contributed positively to equity growth.
- Dividend payments of 164,433,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,122,593,000.
- Other factors increased equity by 1,216,490,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.10 Billion | +10.25% |
| Dividends Paid | $164.43 Million | -1.53% |
| Other Comprehensive Income | $-1.12 Billion | -10.45% |
| Other Changes | $1.22 Billion | +11.33% |
| Total Change | $- | 10.61% |
Book Value vs Market Value Analysis
This analysis compares Lexinfintech Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.76x to 0.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $3.50 | $2.66 | x |
| 2016-12-31 | $4.31 | $2.66 | x |
| 2017-12-31 | $9.88 | $2.66 | x |
| 2018-12-31 | $22.64 | $2.66 | x |
| 2019-12-31 | $35.12 | $2.66 | x |
| 2020-12-31 | $26.70 | $2.66 | x |
| 2021-12-31 | $38.69 | $2.66 | x |
| 2022-12-31 | $44.04 | $2.66 | x |
| 2023-12-31 | $53.97 | $2.66 | x |
| 2024-12-31 | $63.31 | $2.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lexinfintech Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.75%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.07x
- Recent ROE (10.25%) is above the historical average (-0.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -160.00% | -12.29% | 0.66x | 19.69x | $-329.58 Million |
| 2016 | -16.56% | -2.72% | 0.50x | 12.25x | $-189.15 Million |
| 2017 | 14.13% | 4.31% | 0.38x | 8.66x | $70.20 Million |
| 2018 | 48.15% | 26.03% | 0.61x | 3.04x | $1.57 Billion |
| 2019 | 34.77% | 21.64% | 0.55x | 2.91x | $1.63 Billion |
| 2020 | 10.84% | 5.11% | 0.57x | 3.71x | $45.91 Million |
| 2021 | 29.07% | 20.51% | 0.54x | 2.62x | $1.53 Billion |
| 2022 | 9.48% | 8.31% | 0.43x | 2.63x | $-45.12 Million |
| 2023 | 10.98% | 8.16% | 0.56x | 2.38x | $94.94 Million |
| 2024 | 10.25% | 7.75% | 0.64x | 2.07x | $26.46 Million |
Industry Comparison
This section compares Lexinfintech Holdings Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lexinfintech Holdings Ltd (LX) | $11.82 Billion | -160.00% | 0.95x | $588.61 Million |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |