By Helgi Library - December 2, 2019
Lexin FinTech made a net profit of CNY 724 mil under revenues of CNY 2,091 mil in the third quarter of 2019, up 62% and 89.4%...
By Helgi Library - December 2, 2019
Lexin FinTech's net interest margin amounted to 3.96% in the third quarter of 2019, down from 4.62% when compared to the previou...
By Helgi Library - December 2, 2019
Lexin FinTech stock traded at CNY 32.7 per share at the end third quarter of 2019 implying a market capitalization of USD 1,855 mil. Si...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | CNY mil | 882 | 1,652 | 1,845 |
| Net Fee Income | CNY mil | -64.1 | 312 | 2,236 |
| Other Income | CNY mil | 135 | 193 | 178 |
| Total Revenues | CNY mil | 953 | 2,156 | 4,258 |
| Operating Profit | CNY mil | 248 | 1,088 | 2,744 |
| Provisions | CNY mil | 237 | 688 | 814 |
| Net Profit | CNY mil | -118 | 240 | 1,977 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | CNY mil | ... | 7.35 | 344 |
| Customer Loans | CNY mil | 7,537 | 11,772 | 6,507 |
| Total Assets | CNY mil | 8,720 | 14,730 | 12,471 |
| Shareholders' Equity | CNY mil | 13.9 | 1,702 | 4,107 |
| Interbank Borrowing | CNY mil | 602 | 527 | 771 |
| Customer Deposits | CNY mil | 0 | 0 | 0 |
| Issued Debt Securities | CNY mil | 7,688 | 10,692 | 4,804 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | -114 | 28.0 | 68.1 |
| ROA | % | -1.88 | 2.05 | 14.5 |
| Costs (As % Of Assets) | % | 11.3 | 9.11 | 11.1 |
| Costs (As % Of Income) | % | 74.0 | 49.6 | 35.6 |
| Net Interest Margin | % | 14.1 | 14.1 | 13.6 |
| NPLs (As % Of Loans) | % | 1.82 | 2.15 | 2.62 |
| Provisions (As % Of NPLs) | % | ... | 142 | 213 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | 36.7 | 4.59 | |
| Price/Book Value (P/BV) | ... | 5.19 | 2.21 | |
| Dividend Yield | % | ... | 0 | 0 |
| Earnings Per Share (EPS) | CNY | ... | 1.23 | 5.49 |
| Book Value Per Share | CNY | ... | 8.72 | 11.4 |
| Dividend Per Share | CNY | ... | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||
| Net Interest Income | CNY mil | ... | 157 | 882 | ||
| Total Revenues | CNY mil | ... | 46.9 | 953 | ||
| Operating Profit | CNY mil | ... | -329 | 248 | ||
| Net Profit | CNY mil | ... | -310 | -118 | ||
| balance sheet | ||||||
| Interbank Loans | CNY mil | ... | ... | ... | ||
| Customer Loans | CNY mil | ... | 3,219 | 7,537 | ||
| Debt Securities | CNY mil | ... | ... | ... | ||
| Total Assets | CNY mil | ... | 3,817 | 8,720 | ||
| Shareholders' Equity | CNY mil | ... | 194 | 13.9 | ||
| Interbank Borrowing | CNY mil | ... | 131 | 602 | ||
| Customer Deposits | CNY mil | ... | 0 | 0 | ||
| Issued Debt Securities | CNY mil | ... | 3,190 | 7,688 | ||
| ratios | ||||||
| ROE | % | ... | -160 | -114 | ||
| ROA | % | ... | -8.13 | -1.88 | ||
| Costs (As % Of Assets) | % | ... | 9.85 | 11.3 | ||
| Costs (As % Of Income) | % | ... | 802 | 74.0 | ||
| Net Interest Margin | % | ... | 4.12 | 14.1 | ||
| Interest Income (As % Of Revenues) | % | ... | 335 | 92.5 | ||
| Fee Income (As % Of Revenues) | % | ... | -308 | -6.73 | ||
| Equity (As % Of Assets) | % | ... | 5.08 | 0.160 | ||
| Loans (As % Assets) | % | ... | 84.3 | 86.4 | ||
| NPLs (As % Of Loans) | % | ... | ... | 1.82 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ||
| valuation | ||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ||
| Number Of Shares (Average) | mil | ... | ... | ... | ||
| Share Price (End Of Period) | CNY | ... | ... | ... | ||
| Earnings Per Share (EPS) | CNY | ... | ... | ... | ||
| Book Value Per Share | CNY | ... | ... | ... | ||
| Dividend Per Share | CNY | ... | ... | ... | ||
| Price/Earnings (P/E) | ... | ... | ... | |||
| Price/Book Value (P/BV) | ... | ... | ... | |||
| Dividend Yield | % | ... | ... | ... | ||
| Earnings Per Share Growth | % | ... | ... | ... | ... | |
| Book Value Per Share Growth | % | ... | ... | 461 |
| income statement | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||
| Interest Income | CNY mil | ... | 326 | 1,374 | ||
| Interest Cost | CNY mil | ... | 168 | 492 | ||
| Net Interest Income | CNY mil | ... | 157 | 882 | ||
| Net Fee Income | CNY mil | ... | -145 | -64.1 | ||
| Other Income | CNY mil | ... | 34.3 | 135 | ||
| Total Revenues | CNY mil | ... | 46.9 | 953 | ||
| Operating Cost | CNY mil | ... | 376 | 705 | ||
| Operating Profit | CNY mil | ... | -329 | 248 | ||
| Provisions | CNY mil | ... | 68.3 | 237 | ||
| Extra and Other Cost | CNY mil | ... | 1.80 | 70.7 | ||
| Pre-Tax Profit | CNY mil | ... | -399 | -59.7 | ||
| Tax | CNY mil | ... | -88.9 | 58.3 | ||
| Minorities | CNY mil | ... | 0 | 0 | ||
| Net Profit | CNY mil | ... | -310 | -118 | ||
| Dividends | CNY mil | ... | 0 | 0 | ||
| growth rates | ||||||
| Net Interest Income Growth | % | ... | ... | 461 | ||
| Net Fee Income Growth | % | ... | ... | -55.6 | ||
| Total Revenue Growth | % | ... | ... | 1,933 | ||
| Operating Cost Growth | % | ... | ... | 87.6 | ||
| Operating Profit Growth | % | ... | ... | -175 | ||
| Pre-Tax Profit Growth | % | ... | ... | -85.0 | ||
| Net Profit Growth | % | ... | ... | -62.0 |
| balance sheet | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||
| Cash | CNY mil | ... | 162 | 652 | ||
| Interbank Loans | CNY mil | ... | ... | ... | ||
| Customer Loans | CNY mil | ... | 3,219 | 7,537 | ||
| Debt Securities | CNY mil | ... | ... | ... | ||
| Total Assets | CNY mil | ... | 3,817 | 8,720 | ||
| Shareholders' Equity | CNY mil | ... | 194 | 13.9 | ||
| Of Which Minority Interest | CNY mil | ... | 0 | 0 | ||
| Liabilities | CNY mil | ... | 3,623 | 8,706 | ||
| Interbank Borrowing | CNY mil | ... | 131 | 602 | ||
| Customer Deposits | CNY mil | ... | 0 | 0 | ||
| Issued Debt Securities | CNY mil | ... | 3,190 | 7,688 | ||
| Other Liabilities | CNY mil | ... | 302 | 416 | ||
| asset quality | ||||||
| Non-Performing Loans | CNY mil | ... | ... | ... | ||
| Gross Loans | CNY mil | ... | ... | ... | ||
| Total Provisions | CNY mil | ... | ... | ... | ||
| growth rates | ||||||
| Customer Loan Growth | % | ... | ... | 134 | ||
| Total Asset Growth | % | ... | ... | 128 | ||
| Shareholders' Equity Growth | % | ... | ... | -92.8 |
| ratios | Unit | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||
| ROE | % | ... | -160 | -114 | ||
| ROA | % | ... | -8.13 | -1.88 | ||
| Costs (As % Of Assets) | % | ... | 9.85 | 11.3 | ||
| Costs (As % Of Income) | % | ... | 802 | 74.0 | ||
| Net Interest Margin | % | ... | 4.12 | 14.1 | ||
| Interest Spread | % | ... | ... | 13.9 | ||
| Asset Yield | % | ... | 8.53 | 21.9 | ||
| Cost Of Liabilities | % | ... | ... | 7.98 | ||
| Payout Ratio | % | ... | 0 | 0 | ||
| Interest Income (As % Of Revenues) | % | ... | 335 | 92.5 | ||
| Fee Income (As % Of Revenues) | % | ... | -308 | -6.73 | ||
| Other Income (As % Of Revenues) | % | ... | 73.1 | 14.2 | ||
| Equity (As % Of Assets) | % | ... | 5.08 | 0.160 | ||
| Loans (As % Assets) | % | ... | 84.3 | 86.4 | ||
| NPLs (As % Of Loans) | % | ... | ... | 1.82 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ||
| Provisions (As % Of Loans) | % | ... | ... | ... | ||
| Cost of Provisions (As % Of Loans) | % | ... | 2.12 | 4.40 |
Get all company financials in excel:
By Helgi Library - December 2, 2019
Lexin FinTech generated total banking revenues of CNY 2,091 mil in the third quarter of 2019, up 89.4% when compared to the same period of last year and 44.5% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - December 2, 2019
Lexin FinTech's Equity reached of total assets in the 3Q2019, up from 64.4% for the previous year. As a share of net customer loans, the ratio amounted to at the end of the third quarter of 2019. ...
By Helgi Library - December 2, 2019
Lexin FinTech stock traded at CNY 32.7 per share at the end of third quarter of 2019 implying a market capitalization of USD 1,855 mil. Over the last five years, the stock has appreciated by 0 implying an annual average growth of 0% In absolute terms, the...
By Helgi Library - December 2, 2019
Lexin FinTech stock traded at per share at the end of first quarter of 1970 implying a market capitalization of. Over the last five years, the stock has depreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the company fell ...
Lexin FinTech has been growing its revenues and asset by % and % a year on average in the last 3 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached at the end of 2018. The company achieved an average return on equity of % in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached in 2018, compared to % average in the last three years.
Equity represented of total assets or of loans at the end of 2018. Lexin FinTech's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.
Lexin FinTech stock traded at per share at the end of 2018 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of % the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2018.
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