Lexinfintech Hlds

Lexinfintech Holdings Ltd. engages in the provision of online consumer finance platforms. Through its subsidiaries, it provides online direct sales with installment payment terms; installment purchase loans; and personal installment loans. Its services are offered though its online consumer finance platform, www.fenqile.com; and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013 and is headquartered in Shenzhen, China.

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Lexinfintech (LX) excels in Q1 2024, eyes growth and innovation

Lexinfintech Hlds (LX) delivered a robust performance in Q1 2024, focusing on asset quality, risk management, and innovation.
The company's strategic efforts to reduce high-risk assets, improve risk performance, and expand overseas business position it for future growth.
While facing challenges in risk identification and credit demand trends, Lexinfintech's strong financial results and low funding costs offer opportunities for expansion and innovation.

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Lexinfintech Holdings Ltd. engages in the business of matching consumers with credit needs to its financial institution partners through its proprietary platform and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013 and is headquartered in Shenzhen, China.

LexinFintech (LX, Financial) shares surged over 7.7% to $3.37 as of the latest report. The company revealed plans to potentially increase its dividend payout ratio next year from the current 20% of net profit to 25%.

LexinFintech (LX) Considers Increasing Dividend Payout in 2024

LexinFintech (LX, Financial), a leading Chinese digital consumption technology service provider, is contemplating raising its dividend payout ratio from the current 20% to 25% next year. This consideration was revealed during a recent internal meeting organized by China International Capital Corporation, which was attended by numerous institutional and high-net-worth investors.

LexinFintech (LX) Plans Dividend Increase Amid Strong Profit Growth

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LexinFintech Holdings Ltd. shows strong user base and cumulative borrower growth, driven by AI, proprietary software, and financial institution partnerships. LX's focus on young Chinese consumers and strategic equity investments in fintech and insurance sectors are expected to drive future FCF growth. Financial improvements include reduced debt, increased equity, and substantial cash reserves, indicating robust operational performance and potential stock price appreciation.

LexinFintech: User Base Sees Growth, AI In The Works, And Undervalued

LexinFintech Holdings Ltd.'s Q2 2024 loan origination was a 5%-7% miss as compared to prior management guidance, and the company's Q3 prospects are unfavorable with expectations of flattish loan origination growth. Despite near-term challenges, LexinFintech Holdings' long-term outlook is positive, with growing contributions from asset-light businesses and international operations. LexinFintech stock is still rated as a Hold, as the company's shares are cheap in the absence of short-term catalysts.

LexinFintech: Eyes On Loan Origination Miss And Business Mix Changes

LexinFintech Holdings Ltd. (NASDAQ:LX ) Q2 2024 Earnings Conference Call August 27, 2024 10:00 PM ET Company Participants Mandy Dong - Head, Investor Relations Jay Xiao - Chief Executive Officer Arvin Qiao - Chief Risk Officer James Zheng - Chief Financial Officer Conference Call Participants Yada Li - CICC Zoe Zou - CLSA Alex Ye - UBS Operator Good day, and thank you for standing by.

LexinFintech Holdings Ltd. (LX) Q2 2024 Earnings Call Transcript

SHENZHEN, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2024.

LexinFintech Holdings Ltd. Reports Second Quarter 2024 Unaudited Financial Results

SHENZHEN, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, after the U.S. market closes on Tuesday, August 27, 2024.

LexinFintech Holdings Ltd. to Report Second Quarter 2024 Unaudited Financial Results on August 27, 2024

LexinFintech Holdings Ltd. (NASDAQ:LX ) Q1 2024 Results Conference Call May 23, 2024 10:00 PM ET Company Participants Mandy Dong - Director, Investor Relations Jay Xiao - Founder, Chairman, and Chief Executive Officer Arvin Qiao - Chief Risk Officer James Zheng - Chief Financial Officer Conference Call Participants Frank Zheng - UBS Yada Li - CICC Zoe Zou - CLSA Operator Good day, and thank you for standing by.

LexinFintech Holdings Ltd. (LX) Q1 2024 Earnings Call Transcript

SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2024.

LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results

SHENZHEN, China, May 17, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, after the U.S. market closes on Thursday, May 23, 2024.

LexinFintech Holdings Ltd. to Report First Quarter 2024 Unaudited Financial Results on May 23, 2024

LexinFintech Holdings Ltd. (LX) Q4 2023 Earnings Call Transcript

SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023.

LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

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LexinFintech is a cheap stock in the Chinese fintech industry, offering a P/E multiple of under 2.

LexinFintech Is An Undervalued Hidden Gem

SHENZHEN, China, Dec. 04, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced that its board of directors has appointed Mr. Zhanwen Qiao as the Company's Chief Risk Officer, effective on 4th Dec, 2023.

LexinFintech Holdings Ltd. Appoints Chief Risk Officer

LexinFintech Holdings Ltd. (NASDAQ:LX ) Q3 2023 Results Conference Call November 22, 2023 9:00 PM ET Company Participants Mandy Dong - Director of Investor Relations Jay Xiao - Chief Executive Officer Jared Wu - President James Zheng - Chief Financial Officer Conference Call Participants Alex Ye - UBS Yada Li - CICC Betty Li - CLSA Operator Good day and thank you for standing by.

LexinFintech Holdings Ltd. (LX) Q3 2023 Earnings Call Transcript

SHENZHEN, China, Nov. 22, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended September 30, 2023.

LexinFintech Holdings Ltd. Reports Third Quarter 2023 Unaudited Financial Results

SHENZHEN, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, after the U.S. market closes on Wednesday, November 22, 2023.

LexinFintech Holdings Ltd. to Report Third Quarter 2023 Unaudited Financial Results on November 22, 2023

LexinFintech Holdings Ltd. (NASDAQ:LX ) Q2 2023 Earnings Conference Call August 29, 2023 10:00 PM ET Company Participants Mandy Dong - Director of Investor Relations Jay Xiao - Chief Executive Officer Jared Wu - President James Zheng - Chief Financial Officer Conference Call Participants Frank Zheng - Credit Suisse Alex Ye - UBS Yada Li - CICC Operator Hello, and welcome to the LexinFintech's Second Quarter 2023 Earnings Conference Call.

LexinFintech Holdings Ltd. (LX) Q2 2023 Earnings Call Transcript

SHENZHEN, China, Aug. 29, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2023.

LexinFintech Holdings Ltd. Reports Second Quarter 2023 Unaudited Financial Results

SHENZHEN, China, Aug. 23, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, after the U.S. market closes on Tuesday, August 29, 2023.

LexinFintech Holdings Ltd. to Report Second Quarter 2023 Unaudited Financial Results on August 29, 2023

LexinFintech achieved an earnings beat for Q1 2023 as a result of strong loan origination volume growth and good cost management efforts. LX is expected to achieve loan origination volume and earnings growth on both a QoQ and a YoY basis in the second quarter.

LexinFintech: Staying Bullish After Good Q1 Performance

LexinFintech Holdings Ltd. (NASDAQ:LX ) Q1 2023 Earnings Conference Call May 23, 2023 10:00 PM ET Company Participants Jamie Wang - IR Manager Jay Xiao - Chairman and CEO James Zheng - CFO Jared Wu - President Conference Call Participants Frank Zheng - Credit Suisse Alex Ye - UBS Yada Li - CICC Operator Good day and thank you for standing by.

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