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Yiren Digital Ltd. Sponsored Adr (YRD)
:YRD
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
6.45Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2018
|% Change Since: -20.24%
|Next Earnings Date:Aug 28, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance for Yiren Digital in Q3 2024, with significant growth in loan volumes and AI integration contrasted by challenges in the insurance segment and decreased net income. While there are promising advancements in AI and international markets, the company faces hurdles in customer acquisition costs and cash flow management.Company Guidance
During the Yiren Digital Third Quarter 2024 earnings call, the company reported several key metrics reflecting their performance and strategic guidance. Total loan volumes reached RMB 13.4 billion, marking a 36% year-over-year increase, while the number of borrowers grew by 24% to RMB 150 million compared to the previous year. The lending platform Yi Xiang Hua saw a 52% increase in monthly active users, maintaining a stable figure of around 4.5 million. Repeat borrowers contributed over 60% of the facilitated loans, a 5-percentage point increase from the previous quarter. The company also highlighted improvements in risk metrics, with the FPD 30s rate dropping by 32 basis points and M1 recovery rates increasing by 1.2 percentage points. Additionally, funding costs decreased by 64 basis points quarter-over-quarter, and the international business, particularly in the Philippines, showed double-digit growth in loan volumes and revenues. Revenue for the third quarter was RMB 1.5 billion, a 30% increase year-over-year, with net income at RMB 355 million, despite a 36% decrease year-over-year due to increased marketing and R&D expenses and upfront provisions for contingent liabilities. The company anticipates fourth-quarter revenue to be between RMB 1.3 billion and RMB 1.5 billion, maintaining a healthy net profit margin.Strong Loan Volume Growth
Total loan volumes reached RMB 13.4 billion, a 36% increase year-over-year, with over 60% of the loans facilitated during the quarter coming from repeat borrowers, up 5 percentage points from the previous quarter.
Record Low Delinquency Rates
Delinquency rates for the 1- to 30-day, 31- to 60-day, and 60- to 90-day buckets fell by 10, 20, and 30 basis points quarter-over-quarter, respectively.
Substantial AI Integration
AI systems now support customer acquisition, customer service, asset management, and collections, resulting in labor cost savings of nearly RMB 2 million in Q3 alone.
Revenue Growth
Total revenue reached RMB 1.5 billion, up 30% year-over-year, with financial services revenue increasing 25% year-over-year to RMB 836 million.
International Expansion Success
In the Philippines, both loan volumes and revenues posted double-digit increases quarter-over-quarter.
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YRD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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YRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 20, 2024 | $5.93 | $4.86 | -18.04% |
| Aug 20, 2024 | $4.75 | $4.63 | -2.53% |
| Jun 21, 2024 | $4.61 | $4.76 | +3.25% |
| Mar 21, 2024 | $5.24 | $5.19 | -0.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Yiren Digital Ltd. Sponsored Adr (YRD) report earnings?
Yiren Digital Ltd. Sponsored Adr (YRD) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is Yiren Digital Ltd. Sponsored Adr (YRD) earnings time?
Yiren Digital Ltd. Sponsored Adr (YRD) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is YRD EPS forecast?
Currently, no data Available
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