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Yiren Digital Third Quarter 2024 Earnings: EPS: CN¥4.06 (vs CN¥6.27 in 3Q 2023)
Yiren Digital (NYSE:YRD) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.48b (up 13% from 3Q 2023).
- Net income: CN¥355.4m (down 36% from 3Q 2023).
- Profit margin: 24% (down from 42% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥4.06 (down from CN¥6.27 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yiren Digital shares are down 18% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Yiren Digital that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:YRD
Yiren Digital
Provides financial services through an AI-powered platform in China.
Flawless balance sheet and good value.