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Yiren Digital Ltd. (YRD)

NYSE - Nasdaq Real Time Price. Currency in USD
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1.0900-0.0100 (-0.91%)
At close: 04:00PM EDT

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  • L
    will it go for a bankruptcy or delisting??
  • M
    MJ -
    a lot of movements during the last week, news are coming
  • Z
    Is there anybody out there?
  • A
    Dont sell. We BLEW away earnings estimates. We will be rewarded eventually with a lot more. It just takes patience.
  • T
    fair I meant
  • p
    p h
    Blowout top and bottom line!
    Revs up 70% (forcast for 60)and eps 1.14 ( forcast 89)
  • p
    p h
    Beat and raised guidance
  • C
    > 300 M cash off 700 M Mkt Cap. P/E of 4, with growth. Down bc last year’s regulation of P2P lenders, YRD market leader and in compliance. Exciting future and severely undervalued.
  • D
    Why Yerendai will make it through China's increase in P2P lending regulations Read it here:
    Two of China's largest P2P lenders discuss regulations in the industry, risks faced by their companies, and their future business plans.
    Two of China's largest P2P lenders discuss regulations in the industry, risks faced by their companies, and their future business plans.
  • S
    1) YRD is P2P lender (takes money from "investors" and provides money to "borrowers"). However, YRD guarantees ALL returns to "investors" in one or another way. I.e. YRD takes all the risks related to borrowing. To be compensated for this risk, YRD pays investors 10-12%, while YRD charge to Borrowers these 10-12% + 14-27% one-off comission.

    2) GAAP related adjustment to revenue was regarding YRD one-off commission to borrower. Before 2018 it was recognized ratably over the life of the loan. Starting from 2018 it is recognized when billed. I believe, YRD is deducting it straight from the body of the loan, however, in their financial statements they say that they can not guarantee, that regulator will allow that in the future (this thing is ongoing).

    3) It seems, that YRD writes-off around 10% of loans they issue, which is OK, taking into account that they charge in average more than 20% commissions on loans they issue. As I understand, they reserve around 8%. They also try to insure some of the loans with third-party insurer.
  • p
    p h
    Since YRD issues a dividend, so we know its not a fraud
    This year the transition to subscription revenue plan limited earnings growth, but next year we should see bottom line growth resume at a higher rate, so....
  • S
    Looking to expand operations? No further info in news release...

    "BEIJING, June 19, 2018 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, announced today that Goldman Sachs, a leading global investment banking firm, has provided the Company with RMB 324 million of funding for a term of 3 years."
  • S
    why is this stock broken? they reported good numbers, guided higher and stock falls further!!??
  • B
    Great quarter from YRD. 0.60/sh for Q3, YTD: 1.30/sh (all figures in USD and per ADS). If they match the Q3 results in Q4, they will earn 1.80/sh for FY21. Stock trades at 3.50. Book value is 8.12/sh.

    Credit risk seem well contained as loan growth continues. Balance sheet is rock solid. Wealth management product sales look good. Company has never looked better, yet the stock trades near the 52 week low?

    This is all about trust. US and other global investors do not trust Chinese government with regulation, although YRD seems to managing through it very well.

    To counter this perception, the company desperately needs to initiate a stock buyback plan and/or a dividend. Wouldn't hurt to see some insider buying as well!

    There are ways to re-establish trust among investors. Will YRD take the necessary steps to do that?
  • P
    Buying in around $3.30...hopefully. Gonna be a great 2021 for this stock. One of the most undervalued stocks out there.
  • m
    Anybody on When ER?
  • D
    Don LaQuan
    Roller coaster time!
  • p
    p h
    "We have delivered a solid net revenue growth of 56% on a year-over-year basis amid a challenging regulatory and credit environment. With delinquency rates showing clear recovery and with our proven capabilities of customer acquisition and risk management, we believe that we are on a solid footing and well-positioned to capture the increased market opportunities during the industry consolidation period."
  • A
    I made this video about YRD... my biggest position...
    I put my money where my mouth is and bought 400 shares of YRD! Link to earnings call transcript:
    I put my money where my mouth is and bought 400 shares of YRD! Link to earnings call transcript: