Lexinfintech ( (LX) ) has released its Q1 earnings. Here is a breakdown of the information Lexinfintech presented to its investors.
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LexinFintech Holdings Ltd. is a leading technology-empowered personal financial service enabler in China, specializing in connecting consumers with financial institutions through data-driven credit risk management and smart user and loan management systems.
In the first quarter of 2025, LexinFintech reported a significant increase in net income, reaching over RMB430 million, marking a 113% year-over-year growth. This achievement underscores the company’s successful transformation towards a data-driven business model.
Key financial highlights include a 19% quarter-over-quarter increase in net income and a 27 basis point improvement in the net profit take rate. Despite a decrease in total loan originations and outstanding principal balance, the company saw a substantial increase in tech-empowerment and installment e-commerce platform service income, reflecting strategic diversification.
Looking ahead, LexinFintech remains focused on enhancing customer experience and technological innovation, particularly in AI applications. The management is optimistic about achieving significant year-over-year growth in net income for the full year 2025, despite macroeconomic challenges.
Overall, LexinFintech’s strategic initiatives and robust financial performance position the company for continued growth and resilience in the dynamic financial services landscape.