LX vs XYF
LexinFintech Holdings Ltd. and X Financial, side by side — 10 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | LX | XYF |
|---|---|---|
| Revenue | CNY 13.2B | CNY 7.6B |
| Net income | CNY 1.7B | CNY 1.5B |
| Gross margin | 34.0% | 73.6% |
| Net margin | 12.8% | 19.2% |
| Return on equity | — | 19.8% |
| Diluted EPS | CNY 4.72 | CNY 5.87 |
| Dividend / share | — | $0.09 |
| Payout ratio | 22.8% | 10.6% |
| Free cash flow | CNY 3.3B | CNY 1.4B |
| Equity | — | CNY 7.8B |
| Net debt / equity | — | −0.07× |
| Current ratio | 1.89× | — |
| Revenue CAGR 5y | 2.5% | 28.4% |
| Profit CAGR 5y | 23.0% | — |
LX bills 1.7× the revenue of XYF, and XYF keeps more of each dollar of revenue as profit (19.2% 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 | LX | XYF |
|---|---|---|
| FY2025 | CNY 13.2B | CNY 7.6B |
| FY2024 | CNY 14.2B | CNY 5.9B |
| FY2023 | CNY 13.1B | CNY 4.8B |
| FY2022 | CNY 9.9B | CNY 3.6B |
| FY2021 | CNY 11.4B | CNY 3.6B |
| FY2020 | CNY 11.6B | CNY 2.2B |
| FY2019 | CNY 10.6B | CNY 3.1B |
| FY2018 | CNY 7.6B | CNY 3.5B |
| FY2017 | CNY 5.6B | CNY 1.8B |
| FY2016 | CNY 4.3B | CNY 230.3M |
Net income by year
Bottom line
| Fiscal year | LX | XYF |
|---|---|---|
| FY2025 | CNY 1.7B | CNY 1.5B |
| FY2024 | CNY 1.1B | CNY 1.5B |
| FY2023 | CNY 1.1B | CNY 1.2B |
| FY2022 | CNY 825.9M | CNY 812.0M |
| FY2021 | CNY 2.3B | CNY 825.4M |
| FY2020 | CNY 595.0M | CNY -1.3B |
| FY2019 | CNY 2.3B | CNY 774.3M |
| FY2018 | CNY 2.0B | CNY 883.1M |
| FY2017 | CNY 240.4M | CNY 340.3M |
| FY2016 | CNY -117.9M | CNY -119.6M |