LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2017 Unaudited Financial Results
LexinFintech Holdings Ltd. - American Depositary Shares (LX)
Last lexinfintech holdings ltd. - american depositary shares earnings: 5/17 04:47 am
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Source: GlobeNewswire
SHENZHEN, China, March 20, 2018 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ:LX), a leading online consumer finance platform for educated young adults in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2017. Fourth Quarter and Full Year 2017 Operational Highlights: Total loan originations in 2017 reached RMB47.7 billion, representing an increase of 115% from RMB22.2 billion in 2016. Total outstanding principal balance of loans reached RMB19.3 billion as of December 31, 2017, representing an increase of 94.7% from RMB9.9 billion as of December 31, 2016. The weighted average tenor of loans originated on our platform in 2017 was approximately 9.53 months. The effective APR1 was 22.8% for the fourth quarter of 2017. Customer acquisition cost2 amounted to RMB99 in 2017, representing a decrease of 22% from 127 in 2016. Total number of registered users reached 23.9 million as of December
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- LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsGlobeNewswire
LX
Sec Filings
- 3/21/24 - Form 6-K
- 2/26/24 - Form S-8
- 2/9/24 - Form SC
- LX's page on the SEC website