Yiren Digital Ltd.
YRD · Finance Services · EDGAR filings ↗
Grade
D51China fintech lender with a fortress cash balance but collapsing earnings, near-zero returns and VIE/regulatory overhang.
Strengths
- Very strong liquidity: cash $3.35B (94th pct) and robust FCF ($678M, 11.9% margin)
- Diversified credit-facilitation and insurance-brokerage model with established CreditEase risk data
Risks
- Earnings collapsed: net income -96.5%, leaving ROE 0.59% and ROA 0.4% essentially break-even; revenue declining
- VIE structure, PRC oversight on data/lending and negative operating margin (-104%) signal deteriorating core economics
Notable findings
- Strong balance sheetStrong balance sheet — $479M cash & investments
Key metrics
Operating margin
-103.9%
Net margin
1.0%
Return on equity
0.6%
Return on assets
0.4%
Revenue growth (QoQ)
2.8%
Net-income growth
-96.4%
Free cash flow
$97M
EBITDA
-$848M
Tangible book value
$1.3B
Cash & investments
$479M
Stock comp / revenue
0.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-05 | Tang Ning | Other | 81.2M | — |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-29 | 2025-12-31 | 0001213900-26-049159 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001410578-25-000931 ↗ |
| 20-F | 2024-05-15 | 2023-12-31 | 0001104659-24-061967 ↗ |
| 20-F | 2023-04-28 | 2022-12-31 | 0001104659-23-051893 ↗ |
| 20-F | 2022-09-21 | 2021-12-31 | 0001104659-22-101920 ↗ |
| 20-F | 2021-04-29 | 2020-12-31 | 0001104659-21-057556 ↗ |
| 20-F | 2020-05-15 | 2019-12-31 | 0001104659-20-062564 ↗ |
| 20-F | 2019-04-29 | 2018-12-31 | 0001104659-19-024543 ↗ |
| 20-F | 2018-04-30 | 2017-12-31 | 0001104659-18-028031 ↗ |
| 20-F | 2017-04-24 | 2016-12-31 | 0001104659-17-025460 ↗ |
| 20-F | 2016-04-27 | 2015-12-31 | 0001144204-16-096479 ↗ |