LU vs LX
Lufax Holding Ltd. and LexinFintech Holdings Ltd., side by side — 7 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | LU | LX |
|---|---|---|
| Revenue | CNY 8.2B | CNY 13.2B |
| Net income | CNY -3.9B | CNY 1.7B |
| Gross margin | · | 34.0% |
| Net margin | −44.2% | 12.8% |
| Return on equity | −4.5% | 14.8% |
| Diluted EPS | · | CNY 4.72 |
| Dividend / share | · | · |
| Payout ratio | −132.6% | 22.8% |
| Free cash flow | · | CNY 3.3B |
| Equity | CNY 81.8B | · |
| Net debt / equity | 0.48× | −0.12× |
| Current ratio | · | 1.89× |
| Revenue CAGR 5y | −27.9% | 2.5% |
| Profit CAGR 5y | · | 23.0% |
LX bills 1.6× the revenue of LU, and LU closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | LU | LX |
|---|---|---|
| FY2024 | CNY 8.2B | CNY 14.2B |
| FY2023 | CNY 15.3B | CNY 13.1B |
| FY2022 | CNY 29.2B | CNY 9.9B |
| FY2021 | CNY 38.3B | CNY 11.4B |
| FY2020 | CNY 41.2B | CNY 11.6B |
| FY2019 | CNY 41.9B | CNY 10.6B |
| FY2018 | CNY 32.2B | CNY 7.6B |
Bottom line
| Fiscal year | LU | LX |
|---|---|---|
| FY2024 | CNY -3.9B | CNY 1.1B |
| FY2023 | CNY 809.6M | CNY 1.1B |
| FY2022 | CNY 7.8B | CNY 825.9M |
| FY2021 | CNY 16.8B | CNY 2.3B |
| FY2020 | CNY 12.4B | CNY 595.0M |
| FY2019 | CNY 13.3B | CNY 2.3B |
| FY2018 | CNY 13.6B | CNY 2.0B |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −CNY 6,042,572,000 | LX |
| FY2023 | +CNY 2,261,662,000 | LU |
| FY2022 | +CNY 19,348,802,000 | LU |
| FY2021 | +CNY 26,913,792,000 | LU |
| FY2020 | +CNY 29,576,587,000 | LU |
| FY2019 | +CNY 31,325,570,000 | LU |
| FY2018 | +CNY 24,624,543,000 | LU |
The higher-revenue side has changed between LU and LX over this period. The gap has narrowed since the earliest year compared.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −51.9 pp | LX |
| FY2023 | −1.9 pp | LX |
| FY2022 | +18.5 pp | LU |
| FY2021 | +23.1 pp | LU |
| FY2020 | +24.7 pp | LU |
| FY2019 | +10.1 pp | LU |
| FY2018 | +16.1 pp | LU |
The higher net margin has changed hands between LU and LX over this period.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LU's net margin has been more volatile than LX's over the 7 comparable fiscal years — 28.4 percentage points of standard deviation against 7.8.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LU and LX over these 7 fiscal years — LU led in 5 and LX in 2.
7 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LX's return on equity has been more volatile than LU's over the 7 comparable fiscal years — 21.0 percentage points of standard deviation against 14.7.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LU and LX over these 7 fiscal years — LU led in 1 and LX in 6.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.