GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Pre-Tax Income

LexinFintech Holdings (LexinFintech Holdings) Pre-Tax Income : $239 Mil (TTM As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is LexinFintech Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. LexinFintech Holdings's pretax income for the three months ended in Sep. 2023 was $67 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $239 Mil. LexinFintech Holdings's pretax margin was 13.85%.

During the past 8 years, LexinFintech Holdings's highest Pretax Margin was 27.77%. The lowest was -15.81%. And the median was 9.47%.


LexinFintech Holdings Pre-Tax Income Historical Data

The historical data trend for LexinFintech Holdings's Pre-Tax Income 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 Pre-Tax Income Chart

LexinFintech Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial 306.45 385.89 104.84 434.83 147.54

LexinFintech Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.37 53.59 58.31 60.96 66.61

Competitive Comparison of LexinFintech Holdings's Pre-Tax Income

For the Credit Services subindustry, LexinFintech Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


LexinFintech Holdings's Pre-Tax Income Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Pre-Tax Income falls into.



LexinFintech Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

LexinFintech Holdings's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=47.972+107.543+-7.98+0+-2.8421709430404E-14
=148

LexinFintech Holdings's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=100.52+-31.944+-1.967+0+0
=67

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $239 Mil.

* 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.


LexinFintech Holdings  (NAS:LX) Pre-Tax Income Explanation

LexinFintech Holdings's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=66.609/480.814
=13.85%

During the past 8 years, LexinFintech Holdings's highest Pretax Margin was 27.77%. The lowest was -15.81%. And the median was 9.47%.

* 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.


LexinFintech Holdings Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of LexinFintech Holdings's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


LexinFintech Holdings (LexinFintech Holdings) Business Description

Traded in Other Exchanges
Address
No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057
LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged 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 with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.