Welcome to our dedicated page for Lexinfintch Hold news (Ticker: LX), a resource for investors and traders seeking the latest updates and insights on Lexinfintch Hold stock.
LexinFintech Holdings Ltd (LX) provides a centralized hub for tracking all official company announcements and market developments related to China's consumer finance sector. This resource delivers timely updates on LX's operational milestones, financial disclosures, and technological advancements in credit services.
Investors and analysts will find curated coverage of quarterly earnings reports, strategic partnerships, regulatory compliance updates, and innovations in AI-driven risk management systems. The platform serves as an essential tool for monitoring LX's progress in connecting young Chinese consumers with digital lending solutions while maintaining rigorous asset quality standards.
Key areas of focus include updates on loan portfolio performance, expansion of technology-empowerment services, and developments in the company's digital transformation initiatives. All content maintains strict editorial standards to ensure factual accuracy and relevance to long-term investment analysis.
Bookmark this page for streamlined access to LX's evolving market position within China's competitive fintech landscape. Regular updates provide critical insights into the company's operational strategies and regulatory environment adaptations.
- Total registered users reached 232 million, up 8.1% YoY - Total loan originations were RMB51.6 billion, down 11% YoY - 90-day+ delinquency ratio improved to 3.3% - Operating revenue was RMB3,104 million, down 4.3% YoY
Notably, the Board approved an increase in the cash dividend payout ratio from 25% to 30% of total net income, effective from H2 2025. The company maintains a positive outlook, expecting significant year-over-year net income growth for full-year 2025, despite macroeconomic uncertainties.
LexinFintech Holdings Ltd. (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, has scheduled to announce its unaudited financial results for the first quarter ended March 31, 2025. The results will be released after the U.S. market closes on Wednesday, May 21, 2025.
The company will host an earnings conference call at 10:00 PM U.S. Eastern time on May 21, 2025 (10:00 AM Beijing/Hong Kong time on May 22, 2025). Participants must register online to join the conference call and will receive dial-in information upon registration. A live and archived webcast will be available on the company's investor relations website.
LexinFintech focuses on making financing more accessible for young generation consumers by connecting them with financial institutions through a model combining online and offline channels, installment consumption platform, and AI-driven credit risk management capabilities.
LexinFintech Holdings (NASDAQ: LX) has reported its Q4 and full-year 2024 financial results, showing improved profitability and asset quality. Q4 net income reached RMB363 million, up 17% quarter-over-quarter, marking the fourth consecutive quarter of improved profitability.
Key Q4 metrics include: total loan origination of RMB52 billion (2% QoQ increase), outstanding loan balance of RMB110 billion, and a 90-day+ delinquency ratio of 3.6%. Total operating revenue increased 4.3% YoY to RMB3,659 million.
For full-year 2024, the company reported: total operating revenue of RMB14,204 million (8.8% YoY increase), net income of RMB1,100 million (3.2% YoY increase), and total loan originations of RMB212 billion. The board approved a dividend of US$0.11 per ADS and announced an increased dividend payout ratio of 25% effective January 2025.
LexinFintech Holdings (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, has scheduled to announce its unaudited financial results for the fourth quarter and fiscal year 2024 after U.S. market closes on March 18, 2025.
The company will host an earnings conference call at 10:00 PM U.S. Eastern time on March 18, 2025 (10:00 AM Beijing/Hong Kong time on March 19, 2025). Participants must register online to receive dial-in details and a unique access PIN.
LexinFintech focuses on making financing more accessible for young generation consumers by connecting them with financial institutions through a model incorporating online and offline channels, installment consumption platform, and AI-driven credit risk management capabilities.
LexinFintech Holdings (NASDAQ: LX) announced Q3 2024 financial results showing mixed performance. Total loan origination reached RMB51.0 billion, down 19.5% year-over-year, while outstanding loan balance decreased to RMB111.2 billion. Despite declining loan volume, net profit increased 36.7% quarter-over-quarter to RMB310 million. Total operating revenue grew 4.4% year-over-year to RMB3.7 billion. The company reported improved profitability driven by record low funding costs and better asset quality. The Board approved an increased dividend payout ratio to 25% starting 2025. User base expanded with registered users reaching 223 million, up 9.3% year-over-year.
LexinFintech Holdings (NASDAQ: LX) announced it will release its unaudited financial results for the third quarter ended September 30, 2024, after U.S. market closes on November 25, 2024. The company will host an earnings conference call at 9:00 PM U.S. Eastern time on November 25 (10:00 AM Beijing/Hong Kong time on November 26). LexinFintech is a credit technology-empowered consumer financial service enabler in China, focusing on making financing accessible to young generation consumers through its technology and risk management expertise.
LexinFintech Holdings (NASDAQ: LX) reported its Q2 2024 unaudited financial results. Total operating revenue reached RMB3.6 billion, up 19.1% YoY and 12.3% QoQ. Net profit was RMB227 million, a 12.4% increase from Q1 2024. Total loan origination was RMB51.1 billion, down 12% QoQ. The company achieved record-low funding costs and saw rapid growth in its overseas business. Risk performance showed early signs of improvement. LexinFintech declared a cash dividend of US$0.072 per ADS for H1 2024.
Key metrics:
- Registered users: 219 million, up 10.2% YoY
- Active users: 4.2 million, down 16.4% YoY
- Total outstanding loan balance: RMB115 billion, up 0.9% YoY
- 90-day+ delinquency ratio: 3.7%
- Credit facilitation service income: RMB2,669 million, up 24.9% YoY
- Tech-empowerment service income: RMB535 million, up 36.5% YoY
LexinFintech Holdings (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, has announced 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. The company will host an earnings conference call at 10:00 PM U.S. Eastern time on the same day. Participants can register online to join the call and will receive dial-in details upon registration. A live and archived webcast of the conference call will be available on the company's investor relations website.
LexinFintech Holdings (NASDAQ: LX) reported its unaudited financial results for Q1 2024. Total loan origination was RMB58.0 billion, a 4.8% year-over-year decrease. However, the outstanding loan balance increased by 13.5% to RMB122 billion. Total operating revenue rose by 8.7% to RMB3.2 billion, while net profit was RMB202 million, a 38.4% decline from the previous year. Despite lower loan origination, asset quality improved, and funding costs reached a record low. The number of registered users grew by 10.8% to 215 million, though active users decreased by 10.8% to 4.5 million. The company maintained a conservative outlook, focusing on risk management and operational efficiency.
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