LexinFintech Holdings (LexinFintech Holdings) 3-Year Book Growth Rate : 21.60% (As of Dec. 2023)

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What is LexinFintech Holdings 3-Year Book Growth Rate?

LexinFintech Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $8.29.

During the past 12 months, LexinFintech Holdings's average Book Value per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 21.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 18.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 9 years, the highest 3-Year average Book Value per Share Growth Rate of LexinFintech Holdings was 43.10% per year. The lowest was 13.30% per year. And the median was 24.00% per year.

Competitive Comparison of LexinFintech Holdings's 3-Year Book Growth Rate

For the Credit Services subindustry, LexinFintech Holdings's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LexinFintech Holdings's 3-Year Book Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's 3-Year Book Growth Rate falls into.

LexinFintech Holdings 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

LexinFintech Holdings (NAS:LX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

LexinFintech Holdings 3-Year Book Growth Rate Related Terms

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LexinFintech Holdings (LexinFintech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.