GURUFOCUS.COM » STOCK LIST » USA » NAS » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Gross-Profit-to-Asset %
Switch to:

LexinFintech Holdings (NAS:LX) Gross-Profit-to-Asset %

: 15.34% (As of Mar. 2023)
View and export this data going back to 2017. Start your Free Trial

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. LexinFintech Holdings's annualized Gross Profit for the quarter that ended in Mar. 2023 was $524 Mil. LexinFintech Holdings's average Total Assets over the quarter that ended in Mar. 2023 was $3,418 Mil. Therefore, LexinFintech Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2023 was 15.34%.


LexinFintech Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for LexinFintech Holdings's Gross-Profit-to-Asset % 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
Gross-Profit-to-Asset %
Premium Member Only Premium Member Only Premium Member Only 21.63 31.27 18.98 28.15 13.26

LexinFintech Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Gross-Profit-to-Asset % 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 Premium Member Only Premium Member Only Premium Member Only 8.75 11.40 15.63 18.38 15.34

Competitive Comparison

For the Credit Services subindustry, LexinFintech Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Gross-Profit-to-Asset % falls in comparison to its industry or sector. The grey bar indicates the Gross-Profit-to-Asset %'s extreme value range as defined by GuruFocus.



LexinFintech Holdings Gross-Profit-to-Asset % Calculation

LexinFintech Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=435.291/( (3301.178+3266.162)/ 2 )
=435.291/3283.67
=13.26 %

LexinFintech Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=524.292/( (3266.162+3569.556)/ 2 )
=524.292/3417.859
=15.34 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


LexinFintech Holdings Gross-Profit-to-Asset % Related Terms

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


LexinFintech Holdings (NAS:LX) Business Description

LexinFintech Holdings logo
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 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.

LexinFintech Holdings (NAS:LX) Headlines

Other Sources