Yiren Digital Ltd Financials

YRD

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Yiren Digital Ltd (YRD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 84/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Yiren Digital Ltd's revenue surged 15.4% year-over-year to $795.4M, reflecting rapid business expansion. This strong growth earns a score of 72/100.

Leverage

Yiren Digital Ltd carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

100

Yiren Digital Ltd converts 24.4% of revenue into free cash flow ($193.8M). This strong cash generation earns a score of 100/100.

Returns

Yiren Digital Ltd earns a strong 16.6% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is down from 25.7% the prior year.

Piotroski F-Score Weak

3/9

Yiren Digital Ltd passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

0.90x

For every $1 of reported earnings, Yiren Digital Ltd generates $0.90 in operating cash flow ($195.1M OCF vs $216.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$795.4M

YoY+15.4%

5Y CAGR-8.5%

10Y CAGR+37.9%

Yiren Digital Ltd generated $795.4M in revenue in fiscal year 2024. This represents an increase of 15.4% from the prior year.

EBITDA

N/A

Free Cash Flow

$193.8M

YoY-36.5%

5Y CAGR+42.9%

Yiren Digital Ltd generated $193.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 36.5% from the prior year.

Net Income

$216.8M

YoY-26.0%

5Y CAGR+5.5%

Yiren Digital Ltd reported $216.8M in net income in fiscal year 2024. This represents a decrease of 26.0% from the prior year.

EPS (Diluted)

$1.24

YoY-24.3%

5Y CAGR+6.9%

Yiren Digital Ltd earned $1.24 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 24.3% from the prior year.

Cash & Debt

$526.3M

YoY-35.5%

5Y CAGR+2.8%

10Y CAGR+117.5%

Yiren Digital Ltd held $526.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

173M

YoY-1.2%

5Y CAGR-1.4%

10Y CAGR+5.6%

Yiren Digital Ltd had 173M shares outstanding in fiscal year 2024. This represents a decrease of 1.2% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

27.3%

YoY-15.2pp

5Y CAGR+13.8pp

10Y CAGR+41.3pp

Yiren Digital Ltd's net profit margin was 27.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 15.2 percentage points from the prior year.

Return on Equity

16.6%

YoY-9.1pp

5Y CAGR-9.2pp

Yiren Digital Ltd's ROE was 16.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 9.1 percentage points from the prior year.

R&D Spending

$56.4M

YoY+169.3%

Yiren Digital Ltd invested $56.4M in research and development in fiscal year 2024. This represents an increase of 169.3% from the prior year.

Share Buybacks

$10.4M

YoY+52.9%

5Y CAGR+14.4%

Yiren Digital Ltd spent $10.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 52.9% from the prior year.

Capital Expenditures

$1.3M

YoY+101.0%

5Y CAGR-28.8%

10Y CAGR+8.1%

Yiren Digital Ltd invested $1.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 101.0% from the prior year.

YRD Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$795.4M+15.4%	$689.5M+38.5%	$498.0M-29.1%	$702.7M+15.7%	$607.2M-50.9%	$1.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$56.4M+169.3%	$21.0M	N/A	N/A	N/A	N/A
SG&A Expenses	$37.6M+15.6%	$32.6M-47.0%	$61.4M-22.7%	$79.4M-17.4%	$96.1M-8.5%	$105.1M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$14.4M+27.1%	$11.4M+398.3%	-$3.8M+66.9%	-$11.5M	N/A	N/A
Income Tax	$38.2M-52.0%	$79.6M+82.7%	$43.6M+63.1%	$26.7M+316.2%	-$12.4M-136.0%	$34.4M
Net Income	$216.8M-26.0%	$293.0M+69.1%	$173.2M+6.9%	$162.1M+252.7%	-$106.2M-164.0%	$166.0M
EPS (Diluted)	$1.24-24.3%	$1.64+66.0%	$0.99+3.9%	$0.95+261.4%	$-0.59-166.2%	$0.89

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

YRD Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.8B+22.9%	$1.4B+17.0%	$1.2B+1.9%	$1.2B+18.2%	$1.0B-25.9%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$526.3M-35.5%	$815.7M+31.7%	$619.4M+37.8%	$449.5M+18.8%	$378.5M-17.6%	$459.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$77.6M+10.4%	$70.3M+119.3%	$32.0M-33.1%	$47.9M+154.4%	$18.8M+3754.7%	$488K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$471.3M+52.7%	$308.6M-15.0%	$363.2M-20.7%	$457.9M+2.2%	$448.2M-39.5%	$740.4M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3B+14.8%	$1.1B+30.2%	$874.4M+15.6%	$756.6M+30.7%	$579.0M-10.2%	$645.0M
Retained Earnings	$607.6M+44.5%	$420.5M+219.1%	$131.8M+438.8%	-$38.9M+79.8%	-$192.7M-151.5%	-$76.6M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Total Assets	$1.8B+22.9%	$1.4B+17.0%	$1.2B+1.9%	$1.2B+18.2%	$1.0B-25.9%	$1.4B+26.7%	$1.1B-5.4%	$1.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$526.3M-35.5%	$815.7M+31.7%	$619.4M+37.8%	$449.5M+18.8%	$378.5M-17.6%	$459.4M+55.7%	$295.1M+3.4%	$285.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$77.6M+10.4%	$70.3M+119.3%	$32.0M-33.1%	$47.9M+154.4%	$18.8M+3754.7%	$488K-61.8%	$1.3M-61.1%	$3.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$471.3M+52.7%	$308.6M-15.0%	$363.2M-20.7%	$457.9M+2.2%	$448.2M-39.5%	$740.4M+112.3%	$348.8M-50.1%	$699.1M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3B+14.8%	$1.1B+30.2%	$874.4M+15.6%	$756.6M+30.7%	$579.0M-10.2%	$645.0M-13.4%	$744.8M+63.2%	$456.5M
Retained Earnings	$607.6M+44.5%	$420.5M+219.1%	$131.8M+438.8%	-$38.9M+79.8%	-$192.7M-151.5%	-$76.6M-113.8%	$554.2M+96.5%	$282.0M

YRD Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$195.1M-36.2%	$305.8M+14.0%	$268.1M+980.2%	$24.8M-42.6%	$43.2M+9.8%	$39.4M
Capital Expenditures	$1.3M+101.0%	$626K+389.1%	$128K-91.3%	$1.5M-29.8%	$2.1M-69.5%	$6.9M
Free Cash Flow	$193.8M-36.5%	$305.2M+13.9%	$268.0M+1047.9%	$23.3M-43.2%	$41.1M+26.6%	$32.5M
Investing Cash Flow	-$426.5M-3126.7%	$14.1M+84.9%	$7.6M+114.0%	-$54.4M+80.3%	-$275.4M-272.7%	$159.4M
Financing Cash Flow	-$38.0M+52.6%	-$80.2M-13.1%	-$70.9M-205.7%	$67.1M-54.2%	$146.4M+188.7%	-$165.1M
Dividends Paid	$16.8M	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$10.4M+52.9%	$6.8M+1118.9%	$556K+28.7%	$432K-7.5%	$467K-91.2%	$5.3M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

YRD Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	27.3%-15.2pp	42.5%+7.7pp	34.8%+11.7pp	23.1%+40.5pp	-17.5%-30.9pp	13.4%
Return on Equity	16.6%-9.1pp	25.7%+5.9pp	19.8%-1.6pp	21.4%	N/A	25.7%
Return on Assets	12.2%-8.1pp	20.2%+6.2pp	14.0%+0.7pp	13.4%+23.7pp	-10.3%-22.3pp	12.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.36+0.1	0.27-0.1	0.42-0.2	0.61-0.2	0.77-0.4	1.15
FCF Margin	24.4%-19.9pp	44.3%-9.6pp	53.8%+50.5pp	3.3%-3.4pp	6.8%+4.1pp	2.6%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.36+0.1	0.27-0.1	0.42-0.2	0.61-0.2	0.77-0.4	1.15+0.7	0.47-1.1	1.53
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Yiren Digital Ltd's annual revenue?

Yiren Digital Ltd (YRD) reported $795.4M in total revenue for fiscal year 2024. This represents a 15.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Yiren Digital Ltd's revenue growing?

Yiren Digital Ltd (YRD) revenue grew by 15.4% year-over-year, from $689.5M to $795.4M in fiscal year 2024.

Is Yiren Digital Ltd profitable?

Yes, Yiren Digital Ltd (YRD) reported a net income of $216.8M in fiscal year 2024, with a net profit margin of 27.3%.

What is Yiren Digital Ltd's earnings per share (EPS)?

Yiren Digital Ltd (YRD) reported diluted earnings per share of $1.24 for fiscal year 2024. This represents a -24.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Yiren Digital Ltd's net profit margin?

Yiren Digital Ltd (YRD) had a net profit margin of 27.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Yiren Digital Ltd's return on equity (ROE)?

Yiren Digital Ltd (YRD) has a return on equity of 16.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Yiren Digital Ltd's free cash flow?

Yiren Digital Ltd (YRD) generated $193.8M in free cash flow during fiscal year 2024. This represents a -36.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Yiren Digital Ltd's operating cash flow?

Yiren Digital Ltd (YRD) generated $195.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Yiren Digital Ltd's total assets?

Yiren Digital Ltd (YRD) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Yiren Digital Ltd's capital expenditures?

Yiren Digital Ltd (YRD) invested $1.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Yiren Digital Ltd spend on research and development?

Yiren Digital Ltd (YRD) invested $56.4M in research and development during fiscal year 2024.

Does Yiren Digital Ltd buy back shares?

Yes, Yiren Digital Ltd (YRD) spent $10.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Yiren Digital Ltd have outstanding?

Yiren Digital Ltd (YRD) had 173M shares outstanding as of fiscal year 2024.

What is Yiren Digital Ltd's debt-to-equity ratio?

Yiren Digital Ltd (YRD) had a debt-to-equity ratio of 0.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Yiren Digital Ltd's return on assets (ROA)?

Yiren Digital Ltd (YRD) had a return on assets of 12.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Yiren Digital Ltd's Piotroski F-Score?

Yiren Digital Ltd (YRD) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Yiren Digital Ltd's earnings high quality?

Yiren Digital Ltd (YRD) has an earnings quality ratio of 0.90x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Yiren Digital Ltd?

Yiren Digital Ltd (YRD) scores 84 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.