Yiren Digital Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 39.07
Dividend & YieldN/A$ (N/A)
Beta 0.67
Market capitalization 240.66M
Operating cash flow 1.57B
ESG Scores unknown

Company description

Yiren 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 offers 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 loans, 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 asset allocation and investment 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, 2021, it offered approximately 6,500 mutual fund products and 500 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.

Sector: Financial Services - Industry: Credit Services

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 649.06M -260.97M -396.68M 55.58M
Total Cashflows From Investing Activities 3.3B 1.11B -1.8B -346.51M
Net Borrowings -248.14M 435.42M 843.41M 501.4M
Total Cash From Financing Activities -788.02M -1.15B 955.45M 427.45M
Change To Operating Activities -4.87B -2.42B -833.97M -642.97M
Issuance Of Stock 120M
Net Income 1.58B 1.16B -692.75M 1.03B
Change In Cash -1.45B 234.66M -561.99M 238.19M
Effect Of Exchange Rate 3.63M 193k -2.81M -936k
Total Cash From Operating Activities -3.96B 274.17M 282.03M 158.19M
Depreciation 147.99M 394.61M 327.46M 139.95M
Change To Account Receivables -2.06B -114.27M 681.76M -854.02M
Other Cashflows From Financing Activities -553M -1.55B 115.09M -71.2M
Change To Netincome 598.12M 1.52B 1.2B 426.67M
Capital Expenditures -140.73M -48.01M -13.72M -9.4M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.77B 1.39B -773.36M 1.2B
Net Income 1.58B 1.16B -692.75M 1.03B
Selling General Administrative 7.99B 5.2B 2.54B 2.06B
Gross Profit 10.18B 7.95B 2.86B 3.72B
Ebit 1.2B 1.13B -50M 1.29B
Operating Income 1.2B 1.13B -50M 1.29B
Interest Expense -73.38M -73.38M -73.38M -73.38M
Income Tax Expense 194.29M 239.23M -80.61M 170.19M
Total Revenue 11.24B 8.62B 3.96B 4.48B
Cost Of Revenue 1.06B 665.08M 1.1B 760.86M
Total Other Income ExpenseNet 578.42M 266.81M -723.36M -84.16M
Net Income From Continuing Ops 1.58B 1.16B -692.75M 1.03B
Net Income Applicable To Common Shares 1.58B 1.16B -692.75M 1.03B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 14.62B 5.15B 2.92B 2.92B
Total Stockholder Equity -363.41M 4.49B 3.78B 4.82B
Other Current Liabilities 782.58M 1.32B 764.54M 441.44M
Total Assets 14.25B 9.64B 6.7B 7.74B
Common Stock 77k 121k 121k 123k
Other Current Assets 1.29B 721.2M 387.23M 182.65M
Retained Earnings -1.67B -533.48M -1.26B -247.83M
Treasury Stock 16.14M -15.24M -23.04M -31.34M
Cash 2.61B 3.2B 2.47B 2.86B
Total Current Liabilities 10.38B 2.56B 2.11B 1.52B
Other Stockholder Equity 16.39M 21.86M 17.11M 11.55M
Property, Plant, and Equipment 266M 529.99M 252.87M 183.3M
Total Current Assets 12.27B 8.44B 6.19B 7.36B
Net Tangible Assets -363.41M 4.49B 3.78B 4.82B
Net Receivables 7.3B 3.96B 3.15B 3.6B
Accounts Payable 8.48B 124.14M 181.09M 66.18M


Insider Transactions

Here are the insider transactions of stock shares related to Yiren Digital Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Yiren Digital Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Yiren Digital Ltd

Here is the result of two systematic investment strategies applied to Yiren Digital Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Yiren Digital Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Yiren Digital Ltd:

Yiren Digital Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -50.29% on the backtest period.

Performance at glance

Performance

-50.29 %

Latent gain

-1142.82 $

Invested capital

2272.26 $

Annualized return

-12.15 %
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Momentum strategy results on Yiren Digital Ltd

This is the result of two momentum investment strategies applied to Yiren Digital Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Yiren Digital Ltd

The following chart shows all the entries opened by the momentum investment system on Yiren Digital Ltd:

Yiren Digital Ltd momentum entries
  • The first momentum investment strategy would give -47.83% of return on Yiren Digital Ltd. That represents -2287.92$ of latent gain with 4783.92$ of employed capital.
  • The second momentum investment strategy would give -43.39% of return on Yiren Digital Ltd. That represents -1635.41$ of latent gain with 3769.49$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-47.83 %

Latent gain

-2287.92 $

Invested capital

4783.92 $

Annualized return

-2.55 %
Performance at glance (2Q Momentum)

Performance

-43.39 %

Latent gain

-1635.41 $

Invested capital

3769.49 $

Annualized return

-11.86 %

Momentum equity curve on Yiren Digital Ltd

The following chart shows the equity curve of the two momentum strategies applied to Yiren Digital Ltd:

Yiren Digital Ltd momentum equity

Note: the dividends potentially given by Yiren Digital Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Yiren Digital Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Yiren Digital Ltd since the beginning:

Yiren Digital Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Yiren Digital Ltd

Buy the dip entry openings on Yiren Digital Ltd

Yiren Digital Ltd

The performance achieved by the robo-advisor on Yiren Digital Ltd is -5.45%. That represents -13.68$ of latent gain with 250.8$ of employed capital. The following chart shows Yiren Digital Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Yiren Digital Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-5.45 %

Latent gain

-13.68 $

Invested capital

250.8 $

Annualized return

-2.55 %

Equity curve of the strategy applied to Yiren Digital Ltd

The following chart shows the result of the investment strategy applied to Yiren Digital Ltd:

Yiren Digital Ltd

Note: the dividends potentially given by Yiren Digital Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Yiren Digital Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Yiren Digital Ltd:

Yiren Digital Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Yiren Digital Ltd

In this section, I will compare the three previous investment strategies applied to Yiren Digital Ltd.

Equity curve comparison on Yiren Digital Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Yiren Digital Ltd investment strategy comparison

Employed capital comparison on Yiren Digital Ltd

Yiren Digital Ltd investment comparison

Performance comparison on Yiren Digital Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -50.29% -1142.82$ 2272.26$ -12.15%
Momentum 1 quarter -47.83% -2287.92$ 4783.92$ -12.26%
Momentum 2 quarters -43.39% -1635.41$ 3769.49$ -11.86%
Non-directional -5.45% -13.68$ 250.8$ -2.55%
Annualized return comparison

Automatic investment

-12.15 %

Momentum 1Q

-11.86 %

Momentum 2Q

-11.86 %

Non-directional

-2.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Yiren Digital Ltd:

Positive correlations

Most correlated stocks this year

  • Yiren Digital Ltd

  • Most correlated stocks last 3 months

  • Yiren Digital Ltd
  • BOSSINI INTL
  • Frontdoor Inc
  • PRADA
  • Kura Oncology Inc
  • TL NATURAL GAS
  • DIRTT ENVIRONMENTAL SOLUTIONS LTD

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Yiren Digital Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Yiren Digital Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Yiren Digital Ltd
    Country China
    City Beijing
    Address Hanwei Plaza
    Phone 86 10 5090 5315
    Website www.yirendai.com
    FullTime employees 3797
    Industry Credit Services
    Sector Financial Services
    Exchange XNYS
    Ticker YRD
    Market www.nyse.com

    Yiren Digital Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown