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Yiren Digital Ltd. (YRD) 10-Year Financial Performance & Capital Metrics

YRD • • Banking & Credit
Financial ServicesCredit ServicesFintech Platforms & Digital LendingChinese Fintech Platforms
AboutYiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China. It provides loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company's loan products portfolio includes unsecured consumer loans; secured consumer loan, which include secured financial leasing, auto-secured, and property-secured loans; and small business loans. It also distributes short-term cash management, mutual fund investment, insurance, and securities and stock products. In addition, the company provides online investor education services, which include a range of investment and trading topics, and various types of training programs on wealth planning, market insights, and investment strategies; consultancy information technology support; referral; and IT, system maintenance, and customer support services. Further, it is involved in the provision of services for financing lease and insurance brokerage businesses. The company offers its products through www.yxpuhui.com, and a wealth management website and mobile application. As of December 31, 2020, it had 60 fixed income products, 810 mutual fund products, and 296 insurance products. The company was formerly known as Yirendai Ltd. and changed its name to Yiren Digital Ltd. in September 2019. Yiren Digital Ltd. was founded in 2012 and is based in Beijing, the People's Republic of China. Yiren Digital Ltd. is a subsidiary of Creditease Holdings (Cayman) Limited.Show more
  • Net Interest Income $105M +30.6%
  • Total Revenue $5.81B +18.6%
  • Net Income $1.58B -23.9%
  • Return on Equity 17.95% -39.1%
  • Net Interest Margin 0.81% +3.4%
  • Efficiency Ratio 56.42% +108.5%
  • ROA 13.61% -38.5%
  • Equity / Assets 73.5% -6.6%
  • Book Value per Share 218.47 +20.7%
  • Tangible BV/Share 217.59 +20.8%
  • Debt/Equity 0.00 +46.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Excellent 3Y average ROE of 23.1%
  • ✓Well capitalized: 73.5% equity/assets
  • ✓Share count reduced 2.2% through buybacks
  • ✓Diversified revenue: 98.2% from non-interest income
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak NIM of 0.8%
  • ✗Weak momentum: RS Rating 10 (bottom 10%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y40.3%
5Y-7.59%
3Y9.04%
TTM-

Profit (Net Income) CAGR

10Y-
5Y6.49%
3Y15.27%
TTM-31.17%

EPS CAGR

10Y-
5Y7.89%
3Y14.36%
TTM-30.39%

ROCE

10Y Avg22.75%
5Y Avg18.96%
3Y Avg23.89%
Latest16.7%

Peer Comparison

Chinese Fintech Platforms
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
QDQudian Inc.304.91M3.006.1271.31%42.38%4.56%0.07
NISNNisun International Enterprise Development Group Co., Ltd5.73M1.205.20-12.17%0.27%8.76%0.04
LULufax Holding Ltd2.25B2.600.84-39.62%2.13%-3.92%100%0.48
FINVFinVolution Group736.79M5.260.583.69%18.24%16.74%100%0.00
LXLexinFintech Holdings Ltd.415.01M3.130.488.78%7.75%13.91%100%0.49
QFINQfin Holdings, Inc.2.2B16.890.205.38%36.49%28.34%100%0.07
YRDYiren Digital Ltd.343.9M3.980.1118.59%27.25%12.13%100%0.00
XYFX Financial136.82M6.000.0379.16%26.23%22.61%100%0.05

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+4.8M36.84M115.06M73.92M73.37M61.62M-73.38M080.75M105.48M
NII Growth %-6.68%2.12%-0.36%-0.01%-0.16%-2.19%1%-0.31%
Net Interest Margin %----------
Interest Income4.8M36.84M115.06M73.92M73.37M61.62M73.38M080.75M105.48M
Interest Expense00000061.62M000
Loan Loss Provision86.36M180.08M1.24B1.06B665.08M1.1B699.24M776.84M976.17M882.96M
Non-Interest Income+1.31B3.2B11.53B11.17B8.54B3.9B4.4B3.43B4.81B5.7B
Non-Interest Income %----------
Total Revenue+1.32B3.24B11.65B11.24B8.62B3.96B4.48B3.43B4.9B5.81B
Revenue Growth %5.71%1.46%2.6%-0.03%-0.23%-0.54%0.13%-0.23%0.43%0.19%
Non-Interest Expense816.88M1.97B10.37B9.41B6.82B2.91B2.43B1.19B1.32B3.28B
Efficiency Ratio----------
Operating Income+415.19M1.08B35.32M776.15M1.13B-50M1.29B1.47B2.59B1.65B
Operating Margin %----------
Operating Income Growth %16%1.61%-0.97%20.97%0.45%-1.04%26.75%0.14%0.76%-0.37%
Pretax Income+403.86M1.1B193.14M1.77B1.39B-773.36M1.2B1.5B2.65B1.86B
Pretax Margin %----------
Income Tax+128.52M-13.95M381.21M194.29M239.23M-80.61M170.19M300.51M565.16M279.18M
Effective Tax Rate %----------
Net Income+275.34M1.12B-188.07M1.58B1.16B-692.75M1.03B1.19B2.08B1.58B
Net Margin %----------
Net Income Growth %10.94%3.05%-1.17%9.4%-0.27%-1.6%2.49%0.16%0.74%-0.24%
Net Income (Continuing)275.34M1.12B-188.07M1.58B1.16B-692.75M1.03B1.19B2.08B1.58B
EPS (Diluted)+10.9437.5444.3820.7624.78-15.3624.2227.2646.5636.22
EPS Growth %12.4%2.43%0.18%-0.53%0.19%-1.62%2.58%0.13%0.71%-0.22%
EPS (Basic)10.9437.7645.2420.9824.96-15.3624.4427.3647.0836.54
Diluted Shares Outstanding25.16M29.73M30.91M46.57M46.63M45.08M42.65M42.65M44.67M43.68M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks846.12M968.23M1.86B2.61B3.2B2.47B2.86B4.27B5.79B3.84B
Short Term Investments01000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Investments+30M1.26B973.2M1.38B467.62M178.8M179.56M975.44M524.56M446.44M
Investments Growth %-40.9%-0.23%0.42%-0.66%-0.62%0%4.43%-0.46%-0.15%
Long-Term Investments30M98.92M9.94M547.23M6.63M3.29M2.2M2.7M10.42M15.83M
Accounts Receivables1000K1000K1000K-1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+----------
Goodwill00000004.78M4.78M4.78M
Intangible Assets000000028.49M32.99M33.78M
PP&E (Net)16.18M35.5M82.25M266M529.99M252.87M183.3M82.67M69.55M84.59M
Other Assets6.93M15.36M27.18M4.21B2.59B839.71M1.13B655.15M993.44M1.03B
Total Current Assets1.96B4.2B6.6B9.04B6.48B5.59B6.42B7.68B9.09B11.74B
Total Non-Current Assets228.97M586.18M920.47M5.21B3.17B1.11B1.32B857.99M1.18B1.24B
Total Assets+2.19B4.78B7.52B14.25B9.64B6.7B7.74B8.54B10.28B12.98B
Asset Growth %4.45%1.18%0.57%0.9%-0.32%-0.31%0.15%0.1%0.2%0.26%
Return on Assets (ROA)0.21%0.32%-0.03%0.15%0.1%-0.08%0.14%0.15%0.22%0.14%
Accounts Payable4.5M13.69M33.84M307.05M43.58M9.9M19.07M14.14M30.9M43.17M
Total Debt+000192.42M300.92M582.35M1.1B803.13M23.65M40.77M
Net Debt-846.12M-968.23M-1.86B-2.41B-2.9B-1.89B-1.76B-3.47B-5.77B-3.8B
Long-Term Debt000192.42M18.59M500.5M1.03B767.9M00
Short-Term Debt0000000000
Other Liabilities428.85M1.31B2.61B1.71B1.55B148.84M151.79M118.7M620.68M1.26B
Total Current Liabilities666.73M1.17B1.71B11.66B2.72B2.15B1.55B1.5B1.44B2.09B
Total Non-Current Liabilities546.33M1.47B2.84B2.95B2.43B769.93M1.37B1B747.42M1.35B
Total Liabilities1.21B2.64B4.55B14.62B5.15B2.92B2.92B2.51B2.19B3.44B
Total Equity+976.94M2.14B2.97B-363.41M4.49B3.78B4.82B6.03B8.09B9.54B
Equity Growth %3.37%1.19%0.39%-1.12%13.36%-0.16%0.28%0.25%0.34%0.18%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)0.46%0.72%-0.07%1.21%0.56%-0.17%0.24%0.22%0.29%0.18%
Book Value per Share38.8271.9796.10-7.8096.2883.81113.05141.41181.00218.47
Tangible BV per Share----------
Common Stock73K75K76K77K121K121K123K129K130K132K
Additional Paid-in Capital791.84M933.27M1.12B1.29B5.04B5.06B5.1B5.16B5.17B5.2B
Retained Earnings184.93M1.18B1.84B-1.67B-533.48M-1.26B-247.83M908.87M2.99B4.44B
Accumulated OCI101K29.46M11.07M16.39M21.86M17.11M11.55M7.76M23.67M79.27M
Treasury Stock000-254K-37.1M-40.15M-42.9M-46.73M-94.85M-170.46M
Preferred Stock0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+861.28M2.11B184.07M-3.96B274.17M282.03M158.19M1.85B2.17B1.42B
Operating CF Growth %4.79%1.45%-0.91%-22.51%1.07%0.03%-0.44%10.69%0.17%-0.34%
Net Income275.34M1.12B-188.07M1.58B1.16B-692.75M1.03B1.19B2.08B1.58B
Depreciation & Amortization3.63M10.61M140.92M147.99M394.61M327.46M139.95M52.83M25.44M28.29M
Deferred Taxes0000000000
Other Non-Cash Items-43.39M-184.75M-143.47M1.13B1.21B785.34M463.16M113.07M410.5M1.28B
Working Capital Changes625.7M1.15B249.12M-6.93B-2.53B-152.2M-1.5B466.52M-351.87M-1.49B
Cash from Investing+-282.59M-1.42B-1.17B3.3B1.11B-1.8B-346.51M52.56M100.05M-3.11B
Purchase of Investments00-3.96B000000-12.85B
Sale/Maturity of Investments001000K0000001000K
Net Investment Activity----------
Acquisitions0000-263.82M-15.17M00-5.05M820K
Other Investing-266.19M-1.39B-1.21B3.44B1.42B-1.77B-337.1M53.44M109.54M-837.76M
Cash from Financing+749.92M135.3M2.64B-788.02M-1.15B955.45M427.45M-489.12M-569.28M-277.23M
Dividends Paid00-605.24M-106.63M00000-122.33M
Share Repurchases000-254K-36.84M-3.05M-2.75M-3.84M-48.12M-75.61M
Stock Issued0000000000
Net Stock Activity----------
Debt Issuance (Net)001000K1000K-1000K1000K1000K-1000K-1000K-1000K
Other Financing749.92M135.3M483.23M-853.56M-909.03M476.59M-97.9M-267.59M246.74M212.5M
Net Change in Cash+1.33B856.43M1.64B-1.45B234.66M-561.99M238.19M1.42B1.7B-1.96B
Exchange Rate Effect101K1000K-1000K1000K193K-1000K-936K1000K-1000K1000K
Cash at Beginning1.38M1.33B2.84B4.48B3.03B3.27B2.71B2.95B4.36B6.06B
Cash at End1.33B2.19B4.48B3.03B3.27B2.71B2.95B4.36B6.06B4.1B
Interest Paid00015.39M11.42M1.64M85.26M121.7M62.53M0
Income Taxes Paid98.94M65.89M302.19M334.1M178.11M103.73M63.31M78.87M165.18M140.09M
Free Cash Flow+844.88M2.08B-33.88M-4.1B226.16M268.31M148.79M1.85B2.17B1.41B
FCF Growth %4.66%1.47%-1.02%-120%1.06%0.19%-0.45%11.42%0.17%-0.35%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)45.88%71.64%-7.36%121.21%56.01%-16.76%24.03%22.02%29.47%17.95%
Return on Assets (ROA)21.24%32.02%-3.06%14.51%9.67%-8.48%14.31%14.68%22.11%13.61%
Net Interest Margin0.22%0.77%1.53%0.52%0.76%0.92%-0.95%0%0.79%0.81%
Efficiency Ratio61.96%60.94%89.03%83.66%79.19%73.38%54.26%34.53%27.06%56.42%
Equity / Assets44.61%44.74%39.5%-2.55%46.56%56.36%62.3%70.65%78.68%73.5%
Book Value / Share38.8271.9796.1-7.896.2883.81113.05141.41181218.47
NII Growth-667.72%212.3%-35.76%-0.74%-16.01%-219.08%100%-30.62%
Dividend Payout---6.75%-----7.73%

Revenue by Segment

2018201920202024
Referral Services---205.19M
Referral Services Growth----
Technical Support---15.14M
Technical Support Growth----
Post-origination services---3.4M
Post-origination services Growth----
Post Origination Service685.9M787.1M99.8M-
Post Origination Service Growth-14.75%-87.32%-
Management Service850.4M919.7M--
Management Service Growth-8.15%--
Loan Facilitation Service-5.18B--
Loan Facilitation Service Growth----
Service Other-660.29M--
Service Other Growth----

Revenue by Geography

2018201920202024
C291.49M---
C Growth----

Frequently Asked Questions

Valuation & Price

Yiren Digital Ltd. (YRD) has a price-to-earnings (P/E) ratio of 0.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Yiren Digital Ltd. (YRD) grew revenue by 18.6% over the past year. This is strong growth.

Yes, Yiren Digital Ltd. (YRD) is profitable, generating $1.25B in net income for fiscal year 2024 (27.3% net margin).

Dividend & Returns

Yes, Yiren Digital Ltd. (YRD) pays a dividend with a yield of 70.37%. This makes it attractive for income-focused investors.

Yiren Digital Ltd. (YRD) has a return on equity (ROE) of 18.0%. This is reasonable for most industries.

Industry Metrics

Yiren Digital Ltd. (YRD) has a net interest margin (NIM) of 0.8%. NIM has been under pressure due to interest rate environment.

Yiren Digital Ltd. (YRD) has an efficiency ratio of 56.4%. This is reasonable for a bank.

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