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Yiren Digital

DB:19YA
Snowflake Description

Very undervalued with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
19YA
DB
$352M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People’s Republic of China. The last earnings update was 14 days ago. More info.


Add to Portfolio Compare Print
  • Yiren Digital has significant price volatility in the past 3 months.
19YA Share Price and Events
7 Day Returns
0.6%
DB:19YA
-4.8%
Europe Consumer Finance
2.1%
DE Market
1 Year Returns
-72.9%
DB:19YA
-50.9%
Europe Consumer Finance
-16.6%
DE Market
19YA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yiren Digital (19YA) 0.6% 1.7% -33.1% -72.9% -84.6% -
Europe Consumer Finance -4.8% -34.8% -44.2% -50.9% -66.5% -66.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • 19YA underperformed the Consumer Finance industry which returned -50.9% over the past year.
  • 19YA underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
19YA
Industry
5yr Volatility vs Market
Related Companies

19YA Value

 Is Yiren Digital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Yiren Digital to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Yiren Digital.

DB:19YA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= CN¥53.85 * 18.5%
CN¥9.97
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. CN¥53.85
Discount Rate (Cost of Equity) See below 4.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:19YA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.639 (1 + (1- 25%) (11.29%))
0.794
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 6.33%)
4.67%

Discounted Cash Flow Calculation for DB:19YA using Excess Returns Model Model

The calculations below outline how an intrinsic value for Yiren Digital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:19YA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (18.5% – 4.67%) * CN¥53.85)
CN¥7.46
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CN¥7.46 / (4.67% - -0.39%)
CN¥147.24
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CN¥53.85 + CN¥147.24
CN¥201.09
DB:19YA Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NYSE:YRD)
0.141
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥201.09 x 0.141
$28.35
Non-primary Listing Adjustment Factor 1 share in DB:19YA represents 0.95722x of NYSE:YRD
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.95722x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 28.35 x 0.95722
€27.14
Value per share (EUR) From above. €27.14
Current discount Discount to share price of €3.58
= -1 x (€3.58 - €27.14) / €27.14
86.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Yiren Digital is available for.
Intrinsic value
>50%
Share price is €3.58 vs Future cash flow value of €27.14
Current Discount Checks
For Yiren Digital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Yiren Digital's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Yiren Digital's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Yiren Digital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yiren Digital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:19YA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥12.48
NYSE:YRD Share Price ** NYSE (2020-04-07) in USD $3.74
NYSE:YRD Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.092 CN¥26.53
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.27x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Yiren Digital.

DB:19YA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:YRD Share Price ÷ EPS (both in CNY)

= 26.53 ÷ 12.48

2.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yiren Digital is good value based on earnings compared to the Europe Consumer Finance industry average.
  • Yiren Digital is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Yiren Digital's expected growth come at a high price?
Raw Data
DB:19YA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
13.5%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.43x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:19YA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.13x ÷ 13.5%

0.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yiren Digital is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Yiren Digital's assets?
Raw Data
DB:19YA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥48.39
NYSE:YRD Share Price * NYSE (2020-04-07) in USD $3.74
NYSE:YRD Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.092 CN¥26.53
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.68x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:19YA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:YRD Share Price ÷ Book Value per Share (both in CNY)

= 26.53 ÷ 48.39

0.55x

* Primary Listing of Yiren Digital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yiren Digital is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Yiren Digital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Yiren Digital has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

19YA Future Performance

 How is Yiren Digital expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Yiren Digital expected to grow at an attractive rate?
  • Yiren Digital's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Yiren Digital's earnings growth is positive but not above the Germany market average.
  • Yiren Digital's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:19YA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:19YA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 13.5%
DB:19YA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts -11.4%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:19YA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:19YA Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 5,792 1
2021-12-31 7,276 1,946 1,531 3
2020-12-31 8,357 1,499 1,494 4
2020-04-08
DB:19YA Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 8,617 246 1,156
2019-09-30 2,934 1,871 1,124
2019-06-30 3,066 912 761
2019-03-31 3,836 -661 800
2018-12-31 5,621 -820 967
2018-09-30 10,764 -1,230 1,043
2018-06-30 6,568 -86 1,235
2018-03-31 8,286 1,335 1,557
2017-12-31 5,543 2,717 1,372
2017-09-30 4,790 2,277 1,303
2017-06-30 4,152 2,382 1,344
2017-03-31 3,703 2,244 1,336

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Yiren Digital's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
  • Yiren Digital's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:19YA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Yiren Digital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:19YA Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 12.86 16.65 9.08 2.00
2020-12-31 12.89 19.57 6.46 3.00
2020-04-08
DB:19YA Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 12.48
2019-09-30 18.26
2019-06-30 12.37
2019-03-31 13.04
2018-12-31 15.81
2018-09-30 12.39
2018-06-30 20.36
2018-03-31 22.83
2017-12-31 22.78
2017-09-30 21.71
2017-06-30 22.49
2017-03-31 22.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Yiren Digital is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Yiren Digital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Yiren Digital has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

19YA Past Performance

  How has Yiren Digital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Yiren Digital's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Yiren Digital has delivered over 20% year on year earnings growth in the past 5 years.
  • Yiren Digital's 1-year earnings growth is less than its 5-year average (19.6% vs 27%)
  • Yiren Digital's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (19.6% vs 17.9%).
Earnings and Revenue History
Yiren Digital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Yiren Digital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:19YA Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 8,616.78 1,155.61 6,823.67
2019-09-30 2,934.30 1,124.34 586.68
2019-06-30 3,065.82 760.51 1,003.82
2019-03-31 3,836.47 799.84 1,758.57
2018-12-31 5,620.73 966.61 3,050.97
2018-09-30 10,764.38 1,042.71 8,701.14
2018-06-30 6,567.58 1,235.35 4,411.28
2018-03-31 8,286.42 1,556.74 5,513.21
2017-12-31 5,543.35 1,371.78 3,405.03
2017-09-30 4,789.67 1,302.75 2,920.85
2017-06-30 4,152.48 1,344.06 2,516.00
2017-03-31 3,703.21 1,335.58 2,228.09
2016-12-31 3,237.99 1,116.40 1,891.89
2016-09-30 2,618.50 819.91 1,643.41
2016-06-30 2,188.61 576.06 1,295.74
2016-03-31 1,678.38 378.53 991.56
2015-12-31 1,313.64 275.34 816.89
2015-09-30 981.35 232.84 599.11
2015-06-30 656.36 135.38 435.83
2015-03-31 368.91 22.50 306.58
2014-12-31 196.53 -27.71 202.38
2013-12-31 18.96 -50.50 61.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Yiren Digital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Yiren Digital used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Yiren Digital's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Yiren Digital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Yiren Digital has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

19YA Health

 How is Yiren Digital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Yiren Digital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yiren Digital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Yiren Digital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Yiren Digital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Yiren Digital has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Yiren Digital Company Filings, last reported 3 months ago.

DB:19YA Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,490.09 0.00 3,198.09
2019-09-30 2,923.89 0.00 2,632.95
2019-06-30 2,681.05 0.00 2,706.53
2019-03-31 2,533.25 0.00 2,519.04
2018-12-31 5,120.91 215.04 2,028.75
2018-09-30 4,774.17 0.00 806.95
2018-06-30 4,580.95 0.00 567.50
2018-03-31 4,844.11 0.00 1,666.87
2017-12-31 2,970.05 50.00 1,857.18
2017-09-30 2,495.67 0.00 1,403.53
2017-06-30 2,752.75 0.00 891.15
2017-03-31 2,488.66 0.00 864.36
2016-12-31 2,139.92 0.00 968.23
2016-09-30 1,741.07 0.00 1,106.26
2016-06-30 1,380.12 0.00 1,338.83
2016-03-31 1,107.87 0.00 1,111.17
2015-12-31 976.94 0.00 846.12
2015-09-30 415.75 13.98 206.25
2015-06-30 330.96 0.00 110.15
2015-03-31 271.05 0.00 10.89
2014-12-31 223.35 0.00 1.38
2013-12-31 19.12 0.00 1.72
  • Yiren Digital has no debt.
  • Yiren Digital currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Yiren Digital has no debt, it does not need to be covered by operating cash flow.
  • Yiren Digital has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Yiren Digital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Yiren Digital has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

19YA Dividends

 What is Yiren Digital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Yiren Digital dividends. Estimated to be 0% next year.
If you bought €2,000 of Yiren Digital shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Yiren Digital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Yiren Digital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:19YA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 6.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:19YA Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.00 1.00
2022-12-31 0.00 2.00
2021-12-31 0.00 6.00
2020-12-31 0.00 6.00
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Yiren Digital has not reported any payouts.
  • Unable to verify if Yiren Digital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Yiren Digital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Yiren Digital has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Yiren Digital's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Yiren Digital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Yiren Digital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yiren Digital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

19YA Management

 What is the CEO of Yiren Digital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ning Tang
AGE 45
TENURE AS CEO 0.8 years
CEO Bio

Mr. Ning Tang is Founder of CreditEase Holdings (Cayman) Limited and serves as Chief Executive Officer. Mr. Tang founded Creditease Corp. in 2006 and serves as its Chief Executive Officer. In 1997, he went to Bangladesh to work with Grameen Bank, where he was exposed to the impact of micro-finance. Thereafter, he worked on Wall Street in investment banking at DLJ and returned to China in 2000 and served as the Director of mergers and acquisitions at Asia Info, a NASDAQ listed company. Prior to founding CreditEase, he served as the director of strategic investments and acquisitions at AsiaInfo-Linkage, Inc., a leading provider of telecommunication software solutions and services in China then listed on NASDAQ, since July 2000. Prior to that, he served as an investment banker at Donaldson, Lufkin & Jenrette, a U.S. investment bank now owned by Credit Suisse, since July 1998. He has been Executive Chairman of Yirendai Ltd. since March 2012 and serves as its Chief Executive Officer since July 10, 2019. Mr. Tang serves as Chairman of the Board of CreditEase Holdings (Cayman) Limited. He serves also as the Chairman of China Growth Capital, an early stage incubation fund. In December 2014, he was elected to be the chairman of the Beijing P2P Association. In July 2011, he won the nomination of "Leader of the Year" in the "Global Microfinance Achievement Awards 2011," initiated by the London-based C5 Group to recognize the efforts, innovations and services that ensure maximum business and social returns in the microfinance sector. He is also a member of the advisory board to the Ministry of Industry and Information Technology with respect to small and medium-sized enterprises related policies and a director at the China Microfinance Institution Association. He is an active angel investor and has made several successful investments in the education and training, financial services, human resources services, internet, technology and media industries. He studied mathematics at Peking University and received his bachelor's degree in economics, summa cum laude, from the University of the South in Sewanee, Tennessee. He is also a member of the Phi Beta Kappa Society.

CEO Compensation
  • Insufficient data for Ning to compare compensation growth.
  • Insufficient data for Ning to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Yiren Digital management team in years:

0.3
Average Tenure
  • The average tenure for the Yiren Digital management team is less than 2 years, this suggests a new team.
Management Team

Ning Tang

TITLE
Executive Chairman & CEO
AGE
45
TENURE
0.8 yrs

Zhong Bi

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Joshua Xiang

TITLE
Chief Technology Officer
TENURE
0.1 yrs

Matthew Li

TITLE
Director of Investor Relations

Dennis Cong

TITLE
Senior Vice President of Strategic Corporate Business Development
AGE
50
TENURE
0.6 yrs

Michael Ji

TITLE
Chief Risk Officer

Chunjiang Ji

TITLE
Chief Risk Officer
TENURE
0.1 yrs

Lydia Yu

TITLE
Investor Relations Officer
Board of Directors Tenure

Average tenure and age of the Yiren Digital board of directors in years:

4.3
Average Tenure
51
Average Age
  • The tenure for the Yiren Digital board of directors is about average.
Board of Directors

Ning Tang

TITLE
Executive Chairman & CEO
AGE
45
TENURE
8.1 yrs

Sam Sun

TITLE
Independent Director
AGE
47
TENURE
4.3 yrs

Chaomei Chen

TITLE
Independent Director
AGE
60
TENURE
3.3 yrs

Quan Zhou

TITLE
Director
AGE
61
TENURE
5.3 yrs

Tina Ju

TITLE
Director
AGE
55
TENURE
5.3 yrs

Huan Chen

TITLE
Director
AGE
44
TENURE
5.3 yrs

Jingsheng Huang

TITLE
Director
AGE
61
TENURE
4.3 yrs

Qing Li

TITLE
Director
AGE
42
TENURE
4.3 yrs

Kingsley Chan

TITLE
Observer

Hao Li

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Yiren Digital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Yiren Digital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

19YA News

Simply Wall St News

19YA Company Info

Description

Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People’s Republic of China. It offers standard loan products; and fasttrack loan products through mobile applications, as well as various investing tools. The company also provides consultancy information technology support services; IT, system maintenance, and customer support services; borrower acquisition and referral services; and wealth management consulting services. 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. Yirendai Ltd. is a subsidiary of Creditease Holdings (Cayman) Limited.

Details
Name: Yiren Digital Ltd.
19YA
Exchange: DB
Founded: 2012
$325,941,357
94,246,886
Website: http://www.yirendai.com
Address: Yiren Digital Ltd.
Building 9,
10th Floor,
Beijing,
100022,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE YRD SPONSORED ADR New York Stock Exchange US USD 18. Dec 2015
DB 19YA SPONSORED ADR Deutsche Boerse AG DE EUR 18. Dec 2015
BMV YRD N SPONSORED ADR Bolsa Mexicana de Valores MX MXN 18. Dec 2015
Number of employees
Current staff
Staff numbers
956
Yiren Digital employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 01:34
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/03/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.