LexinFintech Holdings Ltd. (LX)

LexinFintech Holdings Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	13,057	9,866	11,381	11,645	10,604
Revenue Growth (YoY)	32.35%	-13.31%	-2.27%	9.82%	39.58%
Cost of Revenue	8,544	6,831	5,631	8,012	5,609
Gross Profit	4,513	3,035	5,749	3,633	4,994
Selling, General & Admin	2,121	2,117	2,130	1,726	1,951
Research & Development	513.28	583.26	549.29	474.27	416
Operating Expenses	2,634	2,700	2,679	2,200	2,367
Operating Income	1,879	334.45	3,070	1,433	2,627
Interest Expense / Income	50.48	55.64	63.13	77.54	39.22
Other Expense / Income	501.83	-743.58	237.96	669.97	-118.44
Pretax Income	1,327	1,022	2,769	685.61	2,707
Income Tax	260.84	202.64	435.42	90.63	411.96
Net Income	1,066	819.75	2,334	594.98	2,295
Net Income Growth	30.03%	-64.88%	292.27%	-74.07%	16.04%
Shares Outstanding (Basic)	329	348	368	365	356
Shares Outstanding (Diluted)	360	393	415	411	376
Shares Change	-8.39%	-5.36%	0.92%	9.42%	3.60%
EPS (Basic)	6.48	4.72	12.66	3.26	12.90
EPS (Diluted)	6.34	4.42	11.46	3.12	12.28
EPS Growth	43.44%	-61.43%	267.31%	-74.59%	12.66%
Free Cash Flow	2,558	-49.97	2,546	-297.59	-828.37
Free Cash Flow Per Share	15.57	-0.29	13.82	-1.63	-4.66
Dividend Per Share	0.116	-	-	-	-
Gross Margin	34.56%	30.76%	50.52%	31.20%	47.10%
Operating Margin	14.39%	3.39%	26.98%	12.31%	24.78%
Profit Margin	8.16%	8.31%	20.51%	5.11%	21.64%
Free Cash Flow Margin	19.59%	-0.51%	22.37%	-2.56%	-7.81%
Effective Tax Rate	19.66%	19.82%	15.72%	13.22%	15.22%
EBITDA	1,522	1,226	2,978	870.44	2,834
EBITDA Margin	11.66%	12.43%	26.17%	7.47%	26.72%
Depreciation & Amortization	145.14	148.14	145.3	107.29	87.84
EBIT	1,377	1,078	2,832	763.15	2,746
EBIT Margin	10.55%	10.93%	24.89%	6.55%	25.89%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).