LexinFintech Holdings Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,100	1,066	819.75	2,334
Depreciation & Amortization	148.19	145.14	148.14	145.3
Other Amortization	4.29	41.4	6.72	6.45
Loss (Gain) From Sale of Assets	-8.24	2.97	-	-2.53
Asset Writedown & Restructuring Costs	-	-	-	-1.79
Loss (Gain) From Sale of Investments	-	301.76	29.86	1.98
Loss (Gain) on Equity Investments	2.42	1.48	4.08	3.97
Stock-Based Compensation	94.62	117.85	156.32	187.88
Provision & Write-off of Bad Debts	718.41	629.31	465.19	531.24
Other Operating Activities	4,334	3,377	813.33	672.6
Change in Accounts Receivable	266.86	-2,841	-128.12	-180.56
Change in Inventory	8.01	20.91	-5.63	-0.69
Change in Accounts Payable	24.64	23.83	12.76	-27.26
Change in Unearned Revenue	-563.28	643.53	475.02	-274.74
Change in Other Net Operating Assets	-5,914	-1,340	-3,178	-1,018
Operating Cash Flow	1,081	2,818	57.27	2,667
Operating Cash Flow Growth	-61.62%	4819.55%	-97.85%	-
Capital Expenditures	-247.06	-229.52	-148.82	-121.53
Cash Acquisitions	-	-	7.96	-
Divestitures	-	-	43.96	-
Investment in Securities	-	-	4	26.88
Other Investing Activities	120.68	1,027	503.88	37.04
Investing Cash Flow	-904.88	2,334	-2,409	414.62
Long-Term Debt Issued	13,727	19,896	21,221	20,526
Long-Term Debt Repaid	-13,969	-23,619	-19,798	-22,312
Net Debt Issued (Repaid)	-242.1	-3,723	1,423	-1,787
Issuance of Common Stock	14.9	5.88	2.74	7.12
Repurchase of Common Stock	-	-	-326.94	-
Common Dividends Paid	-164.43	-135.62	-	-
Other Financing Activities	4.35	-30.52	54	-
Financing Cash Flow	-387.28	-3,883	1,153	-1,780
Foreign Exchange Rate Adjustments	1.08	3.91	9.89	-23.59
Net Cash Flow	-209.62	1,273	-1,189	1,279
Free Cash Flow	834.4	2,588	-91.54	2,546
Free Cash Flow Growth	-67.76%	-	-	-
Free Cash Flow Margin	5.88%	19.82%	-0.93%	22.37%
Free Cash Flow Per Share	4.92	14.38	-0.47	12.27
Cash Interest Paid	45.16	86.41	80.41	96.84
Cash Income Tax Paid	413.84	255.58	614.4	522.92
Levered Free Cash Flow	-149.65	4,536	-2,113	2,722
Unlevered Free Cash Flow	-148.31	4,526	-2,085	2,755
Change in Working Capital	-6,178	-3,492	-2,824	-1,501

Source: S&P Global Market Intelligence. Standard template. Financial Sources.