Lexin(LX) - 2025 Q1 - Earnings Call Presentation

Company Overview - LexinFintech Holdings Ltd is committed to connecting consumers to businesses and financial institutions (2C2B2F)[12] - The company has over 232 million registered users and 177 funding partners[14] - Lexin focuses on compliance, risk management, customer relationship, and organizational efficiency[21] Financial Performance (Q1 2025) - Loan origination reached RMB 516 billion, a decrease of 06% QoQ[49] - Net income was RMB 430 million, an increase of 186% QoQ[49] - Total operating revenue was RMB 3104099 million, a decrease of 152% QoQ[50] - Tech-empowerment service income increased by 38% QoQ to RMB 624850 million[50] - Installment e-commerce platform service income decreased by 164% QoQ to RMB 288383 million[50] User Base & Loan Portfolio - Registered users increased by 20% QoQ to 232 million[51] - Cumulative users increased by 21% QoQ to 345 million[53] - Loan balance decreased by 27% QoQ to RMB 1073 billion[57] Risk Management - The delinquency ratio (90 days +) increased from 36% in Q4 2024 to 37% in Q1 2025[71]