FINV vs LX
FinVolution Group and LexinFintech Holdings Ltd., side by side — 10 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | FINV | LX |
|---|---|---|
| Revenue | CNY 13.6B | CNY 13.2B |
| Net income | CNY 2.5B | CNY 1.7B |
| Gross margin | — | 34.0% |
| Net margin | 18.8% | 12.8% |
| Return on equity | 16.0% | — |
| Diluted EPS | CNY 1.92 | CNY 4.72 |
| Dividend / share | — | — |
| Payout ratio | 20.1% | 22.8% |
| Free cash flow | CNY 1.8B | CNY 3.3B |
| Equity | CNY 16.6B | — |
| Net debt / equity | −0.24× | — |
| Current ratio | — | 1.89× |
| Revenue CAGR 5y | 12.4% | 2.5% |
| Profit CAGR 5y | 5.2% | 23.0% |
FINV and LX book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (18.8% against 12.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
10 years side by side
| Fiscal year | FINV | LX |
|---|---|---|
| FY2025 | CNY 13.6B | CNY 13.2B |
| FY2024 | CNY 13.1B | CNY 14.2B |
| FY2023 | CNY 12.5B | CNY 13.1B |
| FY2022 | CNY 11.1B | CNY 9.9B |
| FY2021 | CNY 9.5B | CNY 11.4B |
| FY2020 | CNY 7.6B | CNY 11.6B |
| FY2019 | CNY 6.0B | CNY 10.6B |
| FY2018 | CNY 4.2B | CNY 7.6B |
| FY2017 | CNY 3.9B | CNY 5.6B |
| FY2016 | CNY 1.2B | CNY 4.3B |
Net income by year
Bottom line
| Fiscal year | FINV | LX |
|---|---|---|
| FY2025 | CNY 2.5B | CNY 1.7B |
| FY2024 | CNY 2.4B | CNY 1.1B |
| FY2023 | CNY 2.3B | CNY 1.1B |
| FY2022 | CNY 2.3B | CNY 825.9M |
| FY2021 | CNY 2.5B | CNY 2.3B |
| FY2020 | CNY 2.0B | CNY 595.0M |
| FY2019 | CNY 2.4B | CNY 2.3B |
| FY2018 | CNY 2.5B | CNY 2.0B |
| FY2017 | CNY 1.1B | CNY 240.4M |
| FY2016 | CNY 501.5M | CNY -117.9M |