LexinFintech Holdings (LX) Asset Writedowns and Impairment (2016 - 2020)

LexinFintech Holdings (LX) posted Asset Writedowns and Impairment of -$5.2 million for Q4 2020, down 199.4% sequentially from $5.2 million in Q3 2020.

LexinFintech Holdings (LX) Asset Writedowns and Impairment (2016 - 2020) Analysis & Trends

LexinFintech Holdings (LX) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$5.2 million in Q4 2020.

  • Quarterly Asset Writedowns and Impairment changed N/A year-over-year to -$5.2 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $1.5 million (changed N/A YoY) and the FY2023 annual result came in at $42.5 million, up 693.84% from the prior year.
  • Asset Writedowns and Impairment declined to -$5.2 million in Q4 2020 per LX's latest filing, from $5.2 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $5.2 million in Q3 2020, with the low at -$5.2 million in Q4 2020.
  • Average Asset Writedowns and Impairment over 4 years is $264851.3, with a median of $437500.0 recorded in 2017.
  • Year-over-year, Asset Writedowns and Impairment surged 117.31% in 2017 and jumped 955.24% in 2018.
  • LexinFintech Holdings' Asset Writedowns and Impairment stood at -$825892.5 in 2016, then soared by 117.31% to $143000.0 in 2017, then jumped by 955.24% to $1.5 million in 2018, then tumbled by 443.14% to -$5.2 million in 2020.
  • Business Quant data shows LX's Asset Writedowns and Impairment at -$5.2 million in Q4 2020, $5.2 million in Q3 2020, and $1.5 million in Q4 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 Bn -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn
10 LexinFintech Holdings 422,180.00 -142.05 Mn 112.12 Mn

Historic Data

Download Data
DateValue
Dec 31, 2020 -5.18 Mn
Dec 31, 2020 -5.18 Mn
Sep 30, 2020 5.21 Mn
Sep 30, 2020 5.21 Mn
Dec 31, 2018 1.51 Mn
Dec 31, 2018 1.51 Mn
Jun 30, 2018 732,000.00
Jun 30, 2018 732,000.00
Dec 31, 2017 143,000.00
Dec 31, 2017 143,000.00
Dec 31, 2016 -825,892.46
Dec 31, 2016 -825,892.46