LexinFintech Holdings Ltd. (LX)

LexinFintech Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,154	2,625	1,494	2,664	1,564	2,085
Short-Term Investments	-	200	270	-	-	-
Cash & Short-Term Investments	2,154	2,825	1,764	2,664	1,564	2,085
Cash Growth	-14.78%	60.12%	-33.78%	70.37%	-25.01%	81.59%
Accounts Receivable	6,613	6,667	4,272	628.61	4,295	3,327
Other Receivables	11.07	6.99	6.6	6.34	80.73	54.28
Receivables	6,624	7,094	4,631	887.92	4,757	3,381
Inventory	48.4	100.83	109.88	81.79	106.76	161.27
Prepaid Expenses	1,416	-	-0	-	-	-
Restricted Cash	1,432	1,434	1,268	1,305	1,112	1,814
Other Current Assets	2,597	3,106	3,611	3,403	3,960	5,312
Total Current Assets	18,235	18,503	17,782	16,655	16,418	16,506
Property, Plant & Equipment	578.87	476.56	284.59	195.33	125.69	92.55
Long-Term Investments	252.83	255	348.38	469.06	521.8	511.61
Other Intangible Assets	871.47	897.27	931.67	966.07	1,000	-
Long-Term Accounts Receivable	-	-	-	-	481.99	482.88
Long-Term Deferred Tax Assets	1,374	1,232	1,142	1,177	747.33	157.14
Other Long-Term Assets	674.85	976.52	1,217	976.13	844.94	827.01
Total Assets	22,525	23,141	22,771	21,026	20,345	19,236
Accounts Payable	32.22	49.8	25.97	15.71	42.96	201.84
Accrued Expenses	4,978	910.82	857.67	839.21	617.43	561.5
Short-Term Debt	552.59	502.01	1,168	1,800	1,827	1,978
Current Portion of Long-Term Debt	2,973	3,989	6,449	3,101	4,686	3,756
Current Portion of Leases	-	40.94	50.75	53.64	45.58	45.76
Current Income Taxes Payable	-	869.53	746.56	975.4	632.01	270.16
Current Unearned Revenue	1,136	1,575	925.97	456.46	769.59	84.7
Other Current Liabilities	1,281	4,388	2,258	2,946	3,399	2,905
Total Current Liabilities	10,953	12,325	12,482	10,187	12,020	9,803
Long-Term Debt	1,030	1,031	1,587	2,580	2,746	2,497
Long-Term Leases	38.96	-	-	137.39	27.67	27.84
Long-Term Deferred Tax Liabilities	79.45	75.34	52.56	54.34	21.05	309.65
Total Liabilities	12,101	13,431	14,122	12,958	14,814	12,637
Common Stock	0.24	0.24	0.24	0.24	0.23	0.23
Additional Paid-In Capital	3,276	3,205	3,081	2,919	2,724	2,520
Retained Earnings	7,506	6,847	5,917	5,097	2,763	4,087
Treasury Stock	-328.76	-328.76	-328.76	-	-	-
Comprehensive Income & Other	-30.2	-13.55	-20.84	11.27	3.31	-7.29
Total Common Equity	10,424	9,710	8,649	8,028	5,491	6,600
Minority Interest	-	-	-	40.19	40	-
Shareholders' Equity	10,424	9,710	8,649	8,068	5,531	6,600
Total Liabilities & Equity	22,525	23,141	22,771	21,026	20,345	19,236
Total Debt	4,594	5,562	9,255	7,672	9,332	8,303
Net Cash (Debt)	-2,441	-2,738	-7,491	-5,008	-7,769	-6,218
Net Cash Per Share	-14.46	-15.22	-38.15	-24.13	-37.78	-33.09
Filing Date Shares Outstanding	165.68	164.41	163.03	184.39	182.04	179.71
Total Common Shares Outstanding	165.68	164.13	162.73	183.87	182.04	179.71
Working Capital	7,282	6,178	5,300	6,468	4,399	6,704
Book Value Per Share	62.92	59.16	53.15	43.66	30.16	36.72
Tangible Book Value	9,553	8,813	7,717	7,062	4,490	6,600
Tangible Book Value Per Share	57.66	53.69	47.42	38.41	24.67	36.72
Machinery	-	288.2	223.63	182.04	153.73	107.65
Construction In Progress	-	295.28	149.78	59.44	12.57	-
Leasehold Improvements	-	69.24	66.62	61.58	56.46	35.5

Source: S&P Capital IQ. Standard template. Financial Sources.