← Portfolio summary

LX

LexinFintech Holdings Ltd.
China Consumer Finance
46
RISK / 100
MODERATE
HIGH RISKMODERATELOW RISK
Last close
$1.33
Day chg
-0.7%
Market cap
$215M
P/E
~2x
Rev growth
+6%
Div yield
28%

12-month price

Indicative · 52-wk rangeEx-div: ~Apr 2027 (annual)
$2.20$0.90

Risk factor breakdown

Valuation
Multiples & price

Deep-value ADR

~2x trailing earningsTrades below tangible bookChina ADR discount
Rating

Buy · B/S 77/100

Highest B/S in the bookPT upside +157%Sentiment-driven swings
vs Sector medianThisMedian
P/E2x6x
Div yield28%4%
P/B0.5x0.8x
Financial Health
Balance sheet

Improving credit book

Provisions easingTake-rate stabilisingFunding cost sensitivity
Profitability

Solid ROE

Double-digit ROEPositive net incomeDelinquency watch
Growth
Top-line

Loan volume recovering

Facilitation volume upRevenue +6% YoYMacro China consumer soft
Outlook

Big capital return

~28% dividend yieldBuyback in placeRegulatory overhang

Score breakdown

Valuation risk · 35%44
Financial Health risk · 35%47
Growth risk · 30%47
Weighted risk = Valuation 35% · Financial Health 35% · Growth 30% → 46/100
PAGE 2

Quarterly trend

QuarterRevenue (RMB bn)Net income (RMB mn)QoQ
Q3 253.6520
Q4 253.7560
Q1 263.8610
Q2 263.9640
Green rows = improving QoQ · red rows = declining. Figures indicative, drawn from reported results & guidance.

Latest earnings / delivery

Steady profit recovery

Revenue growth resumed with easing credit costs; management guided to continued volume recovery and reiterated a shareholder-return policy that puts the trailing yield near 28% at $1.33.

Capital return

Semi-annual dividend plus buybacks; payout backed by consistent net income and a low ~2x earnings multiple.

Catalysts vs Risks

▲ Catalysts

  • Continued credit-cost normalisationHIGH IMPACT
  • Outsized dividend + buybackHIGH IMPACT
  • China consumer stimulusMEDIUM

▼ Risks

  • China ADR / delisting riskHIGH IMPACT
  • Consumer-credit delinquency cycleHIGH IMPACT
  • FX and funding-cost sensitivityMEDIUM

Bottom line

Buy · Buy/Sell 77/100 · PT +157%
SELL / AVOIDHOLDATTRACTIVE BUY
A deep-value China consumer-finance ADR trading around 2x earnings with a ~28% headline yield and a book that keeps normalising. The reward-to-fundamentals gap is the widest in the portfolio, hence the top Buy/Sell score. Position for the ADR and China-macro risk that keeps the multiple this low.
Generated August 24, 2026. Prices reflect the last completed session (August 21, 2026), sourced via AlphaVantage & web research; some quotes carry data-provider lag — verify live prices before acting. 12-month charts are indicative. Risk score = Valuation 35% · Financial Health 35% · Growth 30% (0 = low risk, 100 = high risk). Buy/Sell weighs current price level against fundamentals (0 = avoid, 100 = attractive). For informational purposes only — not investment advice.