How does Lexin's cost‑to‑income ratio compare with its peers such as Li Auto, Ping An, and other fintech lenders?

Answer

The press release you quoted only announces LexinFintech Holdings Ltd.’s unaudited Q2 2025 results and does not provide any details on the company’s cost‑to‑income (C/I) ratio—or on the C/I ratios of its peers such as Li Auto, Ping An, or other fintech lenders.

Because the required metric isn’t included in the news release, I can’t directly compare Lexin’s C/I ratio with those of its peers based on the information provided here.

What you can do next

1. Review Lexin’s full earnings release – The company’s complete earnings presentation (often posted on its investor‑relations website) typically includes a “Key Financial Metrics” slide that lists the C/I ratio.
   
2. Check peer disclosures –
   
   • Li Auto (NASDAQ: LI) – Look at its quarterly or annual reports (Form 10‑Q/10‑K) for the “Operating expenses / Net revenue” or “Cost‑to‑income” line.
     
   • Ping An (HKEX: 2313) – Its annual report or interim statements will contain a comparable ratio under the “Operating expense ratio” or “Cost‑to‑income” metric.
     
   • Other fintech lenders – Companies such as Lufax, 51Credit, or Yirendai usually disclose the ratio in their earnings releases or investor presentations.
     
3. Use third‑party data providers – Bloomberg, FactSet, or S&P Capital IQ often calculate and benchmark C/I ratios across industries, letting you see side‑by‑side comparisons.
   
4. Normalize for business model differences –
   
   • Li Auto is an auto‑manufacturing and sales company, so its cost structure (e.g., manufacturing, logistics) differs markedly from a fintech platform.
     
   • Ping An operates a broad insurance and financial services platform, which may have higher underwriting and claim‑related costs.
     
   • Fintech lenders (e.g., Lufax) usually have a cost structure dominated by technology, marketing, and credit‑risk provisioning, making their C/I ratios more comparable to Lexin’s.
     

Typical ranges (for context)

*These figures are illustrative based on publicly available filings and industry reports; exact numbers can vary by quarter and reporting standards.

Bottom line

• The current news release does not contain Lexin’s cost‑to‑income ratio or comparable peer data.
  
• To obtain a precise comparison, you’ll need to consult the detailed earnings filings of Lexin, Li Auto, Ping An, and other fintech lenders, or use a financial‑data platform that aggregates these metrics.
  

If you locate the specific ratio values in those documents, feel free to share them and I can help you interpret the comparison further.