LexinFintech Holdings Ltd. (LX)
LexinFintech Holdings Ltd. operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Shenzhen, GD, CN. The stock last traded at $1.44, down 2.04% on the session, giving a market capitalisation of $242.9M. On trailing twelve-month figures it carries a trailing P/E of 1.14, a net margin of 10.8%. Its beta of 0.88 implies it has historically moved less than the broad market.
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 installment payment terms; and Lehua Card for scenario-based lending. It also offers technology-driven platform services for financial institution customers and partners; and credit-driven platform services, including customer acquisition, initial credit screening, and loan collections, as well as guarantee and insurance services. In addition, the company provides Maiya, a buy-now and pay-later service; and Juzi Licai, an online investment platform. Further, it offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People’s Republic of China.
LexinFintech Holdings Ltd. is most often compared with the following Financial Services names: