MARKETS / COMPARE / LX VS QFIN

LX vs QFIN

LexinFintech Holdings Ltd. and Qfin Holdings, Inc., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.

At a glance

Most recent reported year

Metric LX QFIN
Revenue¥13.2B¥19.2B
Net income¥1.7B¥6.0B
Gross margin34.0%84.4%
Net margin12.8%31.1%
Return on equity10.3%24.7%
Diluted EPS¥4.72¥22.01
Dividend / share
Payout ratio22.8%
Free cash flow¥3.3B¥10.8B
Equity¥8.0B¥24.1B
Net debt / equity0.33×−0.17×
Current ratio1.89×2.43×
Revenue CAGR 5y2.5%7.2%
Profit CAGR 5y23.0%11.3%

QFIN bills 1.5× the revenue of LX, and keeps more of each dollar of revenue as profit (31.1% 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.

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Revenue by year

9 years side by side

Fiscal year LX QFIN
FY2025¥13.2B¥19.2B
FY2024¥14.2B¥17.2B
FY2023¥13.1B¥16.3B
FY2022¥9.9B¥16.6B
FY2021¥11.4B¥16.6B
FY2020¥11.6B¥13.6B
FY2019¥10.6B¥9.2B
FY2018¥7.6B¥4.4B
FY2017¥5.6B¥788.1M
Net income by year

Bottom line

Fiscal year LX QFIN
FY2025¥1.7B¥6.0B
FY2024¥1.1B¥6.2B
FY2023¥1.1B¥4.3B
FY2022¥825.9M¥4.0B
FY2021¥2.3B¥5.8B
FY2020¥595.0M¥3.5B
FY2019¥2.3B¥2.5B
FY2018¥2.0B¥1.2B
FY2017¥240.4M¥164.9M
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The companies

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