Yiren Digital: Avoid At All Cost [Seeking Alpha]
Yiren Digital Ltd. American Depositary Shares, each representing two ordinary shares (YRD)
Last yiren digital ltd. american depositary shares, each representing two ordinary shares earnings: 3/25 06:00 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.yirendai.com/phoenix.zhtml?c=254635&p=irol-contact
Company Research
Source: Seeking Alpha
Yiren Digital: Avoid At All Cost Summary Regulatory headwinds will continue to pressure YRD's near-term growth outlook. Deteriorating asset quality and questionable offline networks will weigh on the fundamentals. Valuation could see further contraction amid increased regulatory pressure and asset deterioration. Yiren Digital ( The Bottom Line We have a bearish view on YRD as we question the company’s sustainability amid an increasingly regulatory environment on China’s P2P lenders and the shift from the P2P lending model towards the loan facilitation model. Given that the regulator discourages P2P lending, the online lenders in China need to convert into loan facilitators that obtain their funding source from licensed financial institutions such as the banks. However, in the case with YRD, only 5% of the funding source are from licensed institutions compared with 70% or more for its peer such as Lexin ( LX QFIN QD YRD recently acquired the offline channel of CreditEase which includes
Show less
Read more
Impact Snapshot
Event Time:
YRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YRD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YRD alerts
High impacting Yiren Digital Ltd. American Depositary Shares, each representing two ordinary shares news events
Weekly update
A roundup of the hottest topics
YRD
News
- Yiren Digital Full Year 2023 Earnings: EPS: CN¥23.54 (vs CN¥13.68 in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Yiren Digital Ltd. (NYSE:YRD) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Yiren Digital Reports Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Yiren Digital Reports Fourth Quarter and Fiscal Year 2023 Financial ResultsPR Newswire
- Yiren Digital to Report Fourth Quarter and Full Year 2023 Financial Results on March 21, 2024 [Yahoo! Finance]Yahoo! Finance