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 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...
| 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's net interest margin amounted to 3.96% in the third quarter of 2019, down from 4.62% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 15.2% in 2Q2018 and an all time low of 3....
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. Since the end of 3Q2014, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the ...
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. Since the end of 3Q2014, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the ...
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 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'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 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 349% and 48.4% a year on average in the last 3 years. Its loans and deposits have grown by 26.4% 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 -5.80% in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 35.6% in 2018, compared to 53.0% average in the last three years.
Equity represented 32.9% of total assets or 63.1% of loans at the end of 2018. Lexin FinTech's non-performing loans were 2.62% of total loans while provisions covered some 213% of NPLs at the end of 2018.
Lexin FinTech stock traded at CNY 25.2 per share at the end of 2018 resulting in a market capitalization of USD 1,394 mil. Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of -5.80% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 4.59x and price to book value (PBV) of 2.21x in 2018.
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