Lexinfintech Holdings Ltd (LX) - Net Assets
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. Check Lexinfintech Holdings Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Lexinfintech Holdings Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see LX company net worth.
| 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 |
|---|---|
|
XANO Industri AB (publ)
ST:XANO-B
|
$286.43 Million |
|
Cartesian Growth Corporation III Class A Ordinary Shares
NASDAQ:CGCT
|
$286.49 Million |
|
SAMYANG NC Chem
KQ:482630
|
$286.58 Million |
|
Resolute Holdings Management, Inc.
NASDAQ:RHLD
|
$286.64 Million |
|
Okins Electronics Co. Ltd
KQ:080580
|
$286.35 Million |
|
MBIA Inc
NYSE:MBI
|
$286.30 Million |
|
Ares Commercial Real Estate
NYSE:ACRE
|
$286.25 Million |
|
BlackRock Municipal Income Quality Closed Fund
NYSE:BYM
|
$286.23 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: 0.03x
- 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 0.62x to 0.03x 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 | $2.16 | x |
| 2016-12-31 | $4.31 | $2.16 | x |
| 2017-12-31 | $9.88 | $2.16 | x |
| 2018-12-31 | $22.64 | $2.16 | x |
| 2019-12-31 | $35.12 | $2.16 | x |
| 2020-12-31 | $26.70 | $2.16 | x |
| 2021-12-31 | $38.69 | $2.16 | x |
| 2022-12-31 | $44.04 | $2.16 | x |
| 2023-12-31 | $53.97 | $2.16 | x |
| 2024-12-31 | $63.31 | $2.16 | 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: $4,215,656,516
- Average return on equity (ROE) among peers: 85.60%
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 | $286.40 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $16.59 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $156.65 Million | -95.99% | 31.60x | $1.63 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $248.49 Million | 12.88% | 18.94x | $137.84 Million |
| AIOS Tech Inc. (AIOS) | $53.94 Million | 5.08% | 0.74x | $3.53 Million |
| Ally Financial Inc (ALLY) | $17.05 Billion | 17.95% | 9.70x | $12.59 Billion |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $210.67 Million |
| Atlanticus Holdings Corporation (ATLC) | $-22.13 Million | 0.00% | 0.00x | $958.76 Million |
| American Express Company (AXP) | $20.67 Billion | 28.47% | 6.70x | $219.50 Billion |
| Bread Financial Holdings, Inc. (BFH) | $23.09 Million | 838.91% | 357.19x | $3.31 Billion |
| Credit Acceptance Corporation (CACC) | $702.20 Million | 37.91% | 2.97x | $5.39 Billion |
About 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