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LexinFintech Holdings (LexinFintech Holdings) Market Cap : $287 Mil (As of Apr. 29, 2024)


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What is LexinFintech Holdings Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). LexinFintech Holdings's share price for the quarter that ended in Sep. 2023 was $2.21. LexinFintech Holdings's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 164 Mil. Therefore, LexinFintech Holdings's market cap for the quarter that ended in Sep. 2023 was $364 Mil.

LexinFintech Holdings's quarterly market cap declined from Mar. 2023 ($442 Mil) to Jun. 2023 ($373 Mil) and declined from Jun. 2023 ($373 Mil) to Sep. 2023 ($364 Mil).

LexinFintech Holdings's annual market cap declined from Dec. 2020 ($1,220 Mil) to Dec. 2021 ($710 Mil) and declined from Dec. 2021 ($710 Mil) to Dec. 2022 ($309 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. LexinFintech Holdings's Enterprise Value for Today is $852 Mil.


LexinFintech Holdings Market Cap Historical Data

The historical data trend for LexinFintech Holdings's Market Cap 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 Market Cap Chart

LexinFintech Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 2,496.16 1,219.68 709.73 309.18 331.03

LexinFintech Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap 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 309.18 441.81 373.33 363.54 305.39

Competitive Comparison of LexinFintech Holdings's Market Cap

For the Credit Services subindustry, LexinFintech Holdings's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Market Cap falls into.



LexinFintech Holdings Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=$1.9*162.727
=$309

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

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=$2.21*164.497
=$364

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


LexinFintech Holdings Market Cap Related Terms

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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.