Financial Statements

LexinFintech Holdings Ltd. (LX)

$2.32

+0.12 (+5.45%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,1143,7341,592-451-
Net Income 2,3345952,2951,977240
Stock Dividends -252-2,215-15265-691
Dividend Paid -----
Retained Earnings 4,1962,1143,7341,592-451

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 126938263-
Annual Depreciation 1911206074101
Capital Expenditure -122-87-50-54-38
Net PPE 195126938263

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -3-120-388-7,164-3,891
Intangible and Goodwill -----

LexinFintech Holdings Ltd. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes LexinFintech Holdings Ltd. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.