LexinFintech Holdings (NAS:LX) Book Value per Share

: $8.02 (As of Mar. 2023)

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LexinFintech Holdings's book value per share for the quarter that ended in Mar. 2023 was $8.02.

During the past 12 months, LexinFintech Holdings's average Book Value Per Share Growth Rate was 15.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of LexinFintech Holdings was 43.10% per year. The lowest was 13.30% per year. And the median was 26.40% per year.

LexinFintech Holdings's current price is $2.36. Its book value per share for the quarter that ended in Mar. 2023 was $8.02. Hence, today's PB Ratio of LexinFintech Holdings is 0.29.

During the past 8 years, the highest P/B Ratio of LexinFintech Holdings was 15.74. The lowest was 0.19. And the median was 2.26.

LexinFintech Holdings Book Value per Share Historical Data

The historical data trend for LexinFintech Holdings's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LexinFintech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Book Value per Share

3.40

5.24

4.61

6.86

7.62

LexinFintech Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Book Value per Share																6.94	6.59	7.28	7.62	8.02

Competitive Comparison

For the Credit Services subindustry, LexinFintech Holdings's Book Value per Share, along with its competitors' market caps and Book Value per Share data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

LexinFintech Holdings Book Value per Share Distribution

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Book Value per Share distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Book Value per Share falls in comparison to its industry or sector. The grey bar indicates the Book Value per Share's extreme value range as defined by GuruFocus.

LexinFintech Holdings Book Value per Share Calculation

LexinFintech Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,241	-	0)	/	163
	=	7.62

LexinFintech Holdings's Book Value Per Share for the quarter that ended in Mar. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,308	-	0)	/	163
	=	8.02

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

LexinFintech Holdings (NAS:LX) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

LexinFintech Holdings Book Value per Share Related Terms

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LexinFintech Holdings (NAS:LX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged primarily in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.