Lexinfintech Holdings Ltd. balance sheet
At the end of fiscal 2025, Lexinfintech Holdings Ltd. had total assets of $3.31bn, total liabilities of $1.60bn and shareholders' equity of $1.71bn. It held $308m in cash against $471m of debt: net debt of $162m.
Balance sheet
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 21 | 69 | 173 | 167 | 300 | 240 | 418 | 217 | 370 | 309 | 308 |
| Receivables | — | — | — | — | — | — | — | — | — | 0 | 65 |
| Inventory | — | 16 | 16 | 8 | 15 | 7 | 8 | 8 | 5 | 3 | 3 |
| Total current assets | — | 1,087 | 1,958 | 1,499 | 2,371 | 2,516 | 2,614 | 2,578 | 2,606 | 2,453 | 2,620 |
| Total assets | — | 1,256 | 2,264 | 1,814 | 2,763 | 3,118 | 3,299 | 3,301 | 3,259 | 3,047 | 3,312 |
| Accounts payable | — | 10 | 30 | 20 | 29 | 7 | 2 | 4 | 7 | 10 | 14 |
| Deferred revenue (current) | — | 5 | 15 | — | — | — | — | — | — | — | — |
| Total current liabilities | — | 1,150 | 1,977 | 1,166 | 1,408 | 1,842 | 1,599 | 1,810 | 1,736 | 1,316 | 1,384 |
| Short-term debt | — | — | — | 65 | 293 | 286 | 235 | 138 | 14 | 7 | 26 |
| Long-term debt | — | 3 | 27 | 0 | 65 | 127 | 109 | 22 | 74 | 80 | 81 |
| Total debt | 0 | 1,104 | 1,644 | 699 | 833 | 1,012 | 782 | 1,128 | 626 | 541 | 471 |
| Total liabilities | — | 1,254 | 2,002 | 1,216 | 1,815 | 2,270 | 2,033 | 2,047 | 1,892 | 1,576 | 1,603 |
| Shareholders' equity | −64 | −88 | 262 | 597 | 948 | 841 | 1,260 | 1,254 | 1,368 | 1,471 | 1,709 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 90 | — | — | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | −21 | 1,035 | 1,471 | 532 | 534 | 773 | 364 | 912 | 256 | 233 | 162 |
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