Lexin(US:LX) 智通财经网·2025-08-12 01:12Core Viewpoint - The stock price of Lexin (LX.US) increased by 6.08% to $6.8, driven by strong Q2 2025 performance and support from UBS research [1][3] Financial Performance - Lexin reported Q2 2025 unaudited financial results: revenue of 3.59 billion yuan, a 15.6% increase quarter-over-quarter; profit (Non-GAAP EBIT) of 670 million yuan, a 15.2% increase quarter-over-quarter and a 116.4% increase year-over-year [1][2] - The company achieved its highest profit in 14 quarters, marking five consecutive quarters of quarter-over-quarter growth [1][2] Operational Metrics - In Q2, Lexin's transaction volume reached 52.86 billion yuan, with a managed loan balance of 105.78 billion yuan and a user base of 236 million [2] - Risk indicators showed improvement for four consecutive quarters: Q2 new asset FPD decreased by approximately 5% quarter-over-quarter, total asset collection rate decreased by approximately 2%, and total assets with over 90 days overdue decreased by approximately 6% [2] Dividend and Shareholder Returns - Lexin announced a new dividend plan, with a payout of $0.194 per ADS, representing about 25% of the net profit for the first half of the year, an increase of approximately 76% compared to the $0.11 per ADS payout in the second half of 2024 [2] - Starting in the second half of the year, the dividend payout ratio will increase from 25% to 30% of net profit; additionally, a $60 million share buyback plan was initiated [2] Strategic Outlook - The CEO of Lexin emphasized a strategy focused on risk and data-driven operations, aiming for high-quality growth and maintaining a positive outlook for net profit growth for the year [3] - UBS research highlighted two main points: continuous improvement in asset quality and the potential of ecosystem business for future growth [4]