Quality & Reliability stock gains after LexinFintech's June 30, 2026 results
Published on 08/31/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Quality & Reliability (GRS432003003) is trading against a fresh set of numbers from LexinFintech Holdings Ltd., whose June 30, 2026 quarter showed RMB3.19 billion in revenue, RMB101 million in net income, and RMB93.7 billion in outstanding loan principal. The same release said total loan originations reached RMB55.4 billion, up 4.8% from RMB52.9 billion a year earlier.
Quarterly signals
The June 30, 2026 update also showed a sharper pullback in profitability: operating revenue fell 11.2% year over year to RMB3.19 billion, while net income dropped 80.2% to RMB101 million. Adjusted net income was RMB127 million, down 76.4% from the second quarter of 2025.
That mix matters because revenue held up better than earnings. Loan originations still rose 4.8%, but the company also flagged a 90 day-plus delinquency ratio of 3.6% and said total outstanding principal balance declined 11.4% from RMB106 billion a year earlier.
Balance sheet and outlook
On the balance sheet, cash and cash equivalents stood at RMB1.23 billion as of June 30, 2026, while total assets were RMB22.38 billion and total liabilities were RMB10.38 billion. The company also said it repurchased about 9.6 million ADSs for about US$39 million under its buyback program.
The outlook line is even more direct: management said third-quarter 2026 loan originations are expected to decrease significantly quarter over quarter, and the company may post a net loss for the quarter. A dividend-policy change approved on August 31, 2026 moved cash payouts to an annual review cycle from fiscal 2026.
Product context
LexinFintech's business is built around consumer credit facilitation, installment e-commerce, and risk management tools. The June 30, 2026 figures show how tightly that model is tied to funding discipline, delinquency trends, and borrower activity.
Stock view
The company is listed on NASDAQ under LX. The most recent reporting period in the release is June 30, 2026, which gives investors a dated reference point for revenue, profit, originations, and credit quality.
Fact box
Company: Quality & Reliability
ISIN: GRS432003003
Ticker: LX
Exchange: NASDAQ
Sector / Industry: Financial Services / Consumer Finance
Index membership: Nasdaq-100
Market cap: not available in the provided sources
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LexinFintech Holdings Ltd.
