BEIJING, June 9, 2021 /PRNewswire/ -- Yiren Digital Ltd.
(NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital
personal financial management platform in China, today announced its unaudited financial
results for the first quarter ended March
31, 2021.
First Quarter 2021 Operational Highlights
Wealth Management
- Cumulative number of investors served reached 2,462,195 as of
March 31, 2021, representing an
increase of 2.8% from 2,395,034 as of December 31, 2020 and compared to 2,218,181 as of
March 31, 2020.
- Number of active investors[1] was 307,107 as of March 31, 2021, representing an increase of 32.1%
from 232,458 as of December 31, 2020,
and compared to 92,060 as of March 31,
2020.
- Total client assets[2] was RMB10,678.9 million (US$1,629.9 million) as of March 31, 2021, representing an increase of 24.9%
from RMB8,550.7 million as of
December 31, 2020, and compared to
RMB1,731.0 million as of March 31, 2020.
- Sales volume of investment products amounted to RMB5,823.1 million (US$888.8 million) in the first quarter of 2021,
representing a decrease of 14.8% from RMB6,836.9 million in the fourth quarter of 2020
and compared to RMB2,163.3 million in
the same period of 2020.
Consumer Credit
- Total loans facilitated under loan facilitation model in the
first quarter of 2021 reached RMB4.9
billion (US$0.8 billion),
representing an increase of 17.3% from RMB4.2 billion in the fourth quarter of 2020 and
compared to RMB0.7 billion in the
first quarter of 2020.
- Cumulative number of borrowers served reached 5,309,727 as of
March 31, 2021, representing an
increase of 1.1% from 5,249,936 as of December 31, 2020 and compared to 4,810,184 as of
March 31, 2020.
- Number of borrowers served in the first quarter of 2021 was
345,939 representing an increase of 82.9% from 189,117 in the
fourth quarter of 2020 and compared to 115,420 in the first quarter
of 2020.
- Outstanding balance of performing loans facilitated under loan
facilitation model reached RMB11,159.2
million (US$1,703.2 million)
as of March 31, 2021, representing an
increase of 25.9% from RMB8,863.5
million as of December 31,
2020 and compared to RMB3,582.7
million as of March 31,
2020.
"We have completed our transition to a leading user-centric
digital personal financial management platform and we are pleased
to start the year of 2021 with a strong quarter, resuming high
quality growth and returning to our normal profitability margin
level," said Mr. Ning Tang, Chairman
and Chief Executive Officer of Yiren Digital. "As we continue to
focus on our strategic direction and drive growth, we are aiming to
fully address our customers' financial needs in every stage of
their lives serving them through both online and offline channels,
with products and services ranging from credit to investment and
insurance, to help them better spend, better invest and be better
protected. This is how we are differentiated and we believe we are
on the right track to continue to expand our business map and
become the leading digital personal financial management platform
in China."
Our wealth management business continues to see stable growth.
Client assets for investment products reached RMB10.7 billion as of March 31, 2021, representing an increase of 25%
quarter over quarter. Total number of active investors stood at
307,107 as of March 31, 2021,
representing an increase of 32% from last quarter."
"We continue to see solid growth for our credit business in the
first quarter of 2021, which has helped us to kick off the year
strong. At the end of the first quarter, Yiren Credit's registered users reached 95.8
million, representing an 8% year-on-year increase. Total number of borrowers served in the first
quarter reached close to 346 thousands, representing an 83%
quarter-over-quarter increase. In the first quarter, Yiren Credit's platform facilitated RMB4.9 billion in loans, representing a 17%
quarter-over-quarter increase."
"In the first quarter, our total revenue increased by 7%
year-on-year to RMB1.1 billion, of
which 24% came from our wealth management business." said Ms.
Na Mei, Chief Financial Officer of
Yiren Digital. "On the balance sheet side, our cash position
remains strong with RMB2.6 billion of
cash and short-term investments as of March
31, 2021. Our strong balance sheet positions us well in the
current operating environment and allows us to continue to explore
new initiatives and tap into new opportunities."
First Quarter 2021 Financial Results
Total net revenue in the first quarter of 2021 was
RMB1,100.0 million (US$167.9 million), compared to RMB1,023.7 million in the same period last year.
Revenue from wealth management business reached RMB263.7 million (US$40.3
million), representing a decrease of 36.6% from RMB415.9 million in the first quarter of 2020,
primarily driven by the spin-off of our legacy business. Revenue
from credit business reached RMB836.2
million (US$127.6 million),
representing an increase of 37.6% from RMB607.8 million in the first quarter of 2020,
primarily driven by an increase in loan volume.
Sales and marketing expenses in the first quarter of
2021 were RMB405.2 million
(US$61.8 million), compared to
RMB616.4 million in the same period
last year. The decrease was primarily due to internal restructuring
to optimize operating efficiencies.
Origination, servicing and other operating costs in
the first quarter of 2021 were RMB174.5
million (US$26.6 million),
compared to RMB102.9 million in the
same period last year. The increase was primarily due to increased
sales commission expenses driven by expanded insurance volume.
General and administrative expenses in the first
quarter of 2021 were RMB119.9 million
(US$18.3 million), compared to
RMB149.0 million in the same
period last year.
Allowance for contract assets, receivables and others in
the first quarter of 2021 was RMB141.2
million (US$21.6 million),
compared to RMB143.4 million in the
same period last year.
Income tax expense in the first quarter of 2021 was
RMB44.4 million (US$6.8 million).
Net income in the first quarter of 2021 was
RMB181.2 million (US$27.7 million), as compared to RMB19.2 million in the same period last year.
Adjusted EBITDA[3] (non-GAAP) in the first
quarter of 2021 was RMB251.5 million
(US$38.4 million), compared to
RMB29.8 million in the same period
last year.
Basic income per ADS in the first quarter of 2021
was RMB2.2 (US$0.3), compared to a basic income per ADS of
RMB0.2 in the same period last
year.
Diluted income per ADS in the first quarter of 2021
was RMB2.1 (US$0.3), compared to a diluted income per ADS of
RMB0.2 in the same period last
year.
Net cash used in operating activities in the first
quarter of 2021 was RMB142.0 million
(US$21.7 million), compared to net
cash generated from operating activities of RMB562.7 million in the same period last
year.
Net cash used in investing activities in the first
quarter of 2021 was RMB286.1 million
(US$43.7 million), compared to
RMB529.4 million in the same period
last year.
As of March 31, 2021, cash and
cash equivalents was RMB2,362.3
million (US$360.6 million),
compared to RMB2,469.9 million as of
December 31, 2020. As of March 31, 2021, the balance of held-to-maturity
investments was RMB3.1 million
(US$0.5 million), compared to
RMB3.3 million as of December 31, 2020. As of March 31, 2021, the balance of available-for-sale
investments was RMB234.6 million
(US$35.8 million), compared to
RMB175.5 million as of December 31, 2020.
Delinquency rates. As of March 31,
2021, the delinquency rates for loans facilitated that are
past due for 15-29 days, 30-59 days and 60-89 days were 0.5%, 0.8%
and 0.6% respectively, compared to 0.5%, 0.7% and 0.6% respectively
as of December 31, 2020.
Cumulative M3+ net charge-off rates. As of
March 31, 2021, the cumulative M3+
net charge-off rate for loans facilitated in 2018, 2019 and 2020
was 10.0%, 9.7% and 2.2% respectively, as compared to 10.2%, 8.5%
and 0.8% respectively as of December 31,
2020.
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses
several non-GAAP financial measures, such as adjusted EBITDA and
adjusted EBITDA margin as supplemental measures to review and
assess operating performance. We believe these non-GAAP measures
provide useful information about our core operating results,
enhance the overall understanding of our past performance and
prospects and allow for greater visibility with respect to key
metrics used by our management in our financial and operational
decision-making. The presentation of these non-GAAP financial
measures is not intended to be considered in isolation or as a
substitute for the financial information prepared and presented in
accordance with accounting principles generally accepted in
the United States of America
("U.S. GAAP"). The non-GAAP financial measures have limitations as
analytical tools. Other companies, including peer companies in the
industry, may calculate these non-GAAP measures differently, which
may reduce their usefulness as a comparative measure. The Company
compensates for these limitations by reconciling the non-GAAP
financial measures to the nearest U.S. GAAP performance measure,
all of which should be considered when evaluating our performance.
See "Operating Highlights and Reconciliation of GAAP to Non-GAAP
measures" at the end of this press release.
[1] Active
investors refer to those who have made at least one investment
through our wealth management platform or have had client assets
with us above zero in the past twelve months.
|
[2] Client assets
refer to the outstanding balance of client assets generated through
our platforms, where an asset is counted towards the outstanding
balance for so long as it continues to be held by the investor who
acquired it through our platform.
|
[3]
"Adjusted EBITDA" is a non-GAAP financial measure. For more
information on this non-GAAP financial measure, please see the
section of "Operating Highlights and Reconciliations of GAAP to
Non-GAAP Measures" and the table captioned "Reconciliations of
Adjusted EBITDA" set forth at the end of this press
release.
|
Currency Conversion
This announcement contains currency conversions of certain RMB
amounts into US$ at specified rates solely for the convenience of
the reader. Unless otherwise noted, all translations from RMB to
US$ are made at a rate of RMB 6.5518
to US$1.00, the effective noon buying
rate on March 31, 2021, as set forth
in the H.10 statistical release of the Federal Reserve Board.
Conference Call
Yiren Digital's management will host an earnings conference call
at 8:00 p.m. U.S. Eastern Time on
June 9, 2021 (or 8:00 a.m. Beijing/Hong Kong Time on June 10, 2021).
Participants who wish to join the call should register online in
advance of the conference at:
http://apac.directeventreg.com/registration/event/6891837
Please note the Conference ID number of 6891837.
Once registration is completed, participants will receive the
dial-in information for the conference call, an event passcode, and
a unique registrant ID number.
Participants joining the conference call should dial-in at least
10 minutes before the scheduled start time.
A replay of the conference call may be accessed by phone at the
following numbers until June 17, 2021:
International
|
+61
2-8199-0299
|
U.S.
|
+1
646-254-3697
|
Replay Access
Code:
|
6891837
|
Additionally, a live and archived webcast of the conference call
will be available at ir.yirendai.com.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," "target,"
"confident" and similar statements. Such statements are based upon
management's current expectations and current market and operating
conditions and relate to events that involve known or unknown
risks, uncertainties and other factors, all of which are difficult
to predict and many of which are beyond Yiren Digital's control.
Forward-looking statements involve risks, uncertainties, and other
factors that could cause actual results to differ materially from
those contained in any such statements. Potential risks and
uncertainties include, but are not limited to, uncertainties as to
Yiren Digital's ability to attract and retain borrowers and
investors on its marketplace, its ability to introduce new loan
products and platform enhancements, its ability to compete
effectively, PRC regulations and policies relating to the
peer-to-peer lending service industry in China, general economic conditions in
China, and Yiren Digital's ability
to meet the standards necessary to maintain listing of its ADSs on
the NYSE or other stock exchange, including its ability to cure any
non-compliance with the NYSE's continued listing criteria. Further
information regarding these and other risks, uncertainties or
factors is included in Yiren Digital's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and
Yiren Digital does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under applicable law.
About Yiren Digital
Yiren Digital Ltd. is a leading digital personal financial
management platform in China. The
Company provides customized asset allocation services and wealth
management solutions to China's
mass affluent population as well as utilizes online and offline
channels to provide retail credit facilitation services to
individual borrowers and small business owners.
For investor and media inquiries, please contact:
Yiren Digital
Investor Relations
Email: ir@Yirendai.com
Unaudited
Condensed Consolidated Statements of Operations
|
(in
thousands, except for share, per share and per ADS data, and
percentages)
|
|
|
For the Three
Months Ended
|
|
March 31,
2020
|
|
March 31,
2021
|
|
March 31,
2021
|
|
RMB
|
|
RMB
|
|
USD
|
Net
revenue:
|
|
|
|
|
|
Loan
facilitation services
|
358,541
|
|
542,132
|
|
82,746
|
Post-origination services
|
146,520
|
|
44,786
|
|
6,836
|
Account
management services
|
413,166
|
|
-
|
|
-
|
Insurance brokerage services
|
-
|
|
159,704
|
|
24,376
|
Financing services
|
650
|
|
114,932
|
|
17,542
|
Others
|
104,783
|
|
238,409
|
|
36,388
|
Total net
revenue
|
1,023,660
|
|
1,099,963
|
|
167,888
|
Operating costs and
expenses:
|
|
|
|
|
|
Sales
and marketing
|
616,441
|
|
405,176
|
|
61,842
|
Origination,servicing and other operating costs
|
102,918
|
|
174,525
|
|
26,638
|
General
and administrative
|
149,041
|
|
119,865
|
|
18,295
|
Allowance for contract assets, receivables and others
|
143,385
|
|
141,232
|
|
21,556
|
Total operating costs
and expenses
|
1,011,785
|
|
840,798
|
|
128,331
|
Other
income/(expenses):
|
|
|
|
|
|
Interest
income/(expense), net
|
25,116
|
|
(10,980)
|
|
(1,676)
|
Fair
value adjustments related to Consolidated ABFE
|
(26,020)
|
|
(27,720)
|
|
(4,231)
|
Others,
net
|
12,184
|
|
5,122
|
|
782
|
Total other
income/(expenses)
|
11,280
|
|
(33,578)
|
|
(5,125)
|
Income before
provision for income taxes
|
23,155
|
|
225,587
|
|
34,432
|
Income tax
expense
|
3,936
|
|
44,373
|
|
6,773
|
Net income
|
19,219
|
|
181,214
|
|
27,659
|
|
|
|
|
|
|
Weighted average
number of ordinary shares outstanding,
basic
|
185,600,961
|
|
167,966,603
|
|
167,966,603
|
Basic income per
share
|
0.1036
|
|
1.0789
|
|
0.1647
|
Basic income per
ADS
|
0.2072
|
|
2.1578
|
|
0.3294
|
|
|
|
|
|
|
Weighted average
number of ordinary shares outstanding,
diluted
|
186,166,429
|
|
169,147,563
|
|
169,147,563
|
Diluted income per
share
|
0.1032
|
|
1.0713
|
|
0.1635
|
Diluted income per
ADS
|
0.2064
|
|
2.1426
|
|
0.3270
|
|
|
|
|
|
|
Unaudited
Condensed Consolidated Cash Flow Data
|
|
|
|
|
|
Net cash generated
from/(used in) operating activities
|
562,720
|
|
(142,011)
|
|
(21,674)
|
Net cash used in
investing activities
|
(529,437)
|
|
(286,056)
|
|
(43,661)
|
Net cash (used
in)/provided by financing activities
|
(65,637)
|
|
279,400
|
|
42,645
|
Effect of foreign
exchange rate changes
|
1,206
|
|
(118)
|
|
(18)
|
Net decrease in cash,
cash equivalents and restricted cash
|
(31,148)
|
|
(148,785)
|
|
(22,708)
|
Cash, cash
equivalents and restricted cash, beginning of
period
|
3,269,142
|
|
2,707,148
|
|
413,191
|
Cash, cash
equivalents and restricted cash, end of period
|
3,237,994
|
|
2,558,363
|
|
390,483
|
Unaudited
Condensed Consolidated Balance Sheets
|
(in
thousands)
|
|
As
of
|
|
December 31,
2020
|
|
March 31,
2021
|
|
March 31,
2021
|
|
RMB
|
|
RMB
|
|
USD
|
|
|
|
|
|
|
Cash and
cash equivalents
|
2,469,909
|
|
2,362,310
|
|
360,559
|
Restricted
cash
|
237,239
|
|
196,053
|
|
29,924
|
Accounts
receivable
|
122,742
|
|
148,114
|
|
22,607
|
Contract
assets, net
|
750,174
|
|
917,995
|
|
140,113
|
Contract
cost
|
65,529
|
|
62,061
|
|
9,472
|
Prepaid
expenses and other assets
|
278,591
|
|
215,099
|
|
32,830
|
Loans at
fair value
|
192,156
|
|
175,664
|
|
26,812
|
Financing
receivables
|
1,253,494
|
|
1,471,509
|
|
224,595
|
Amounts
due from related parties
|
884,006
|
|
911,972
|
|
139,194
|
Held-to-maturity investments
|
3,286
|
|
3,137
|
|
479
|
Available-for-sale investments
|
175,515
|
|
234,587
|
|
35,805
|
Property,
equipment and software, net
|
147,193
|
|
134,351
|
|
20,506
|
Deferred
tax assets
|
16,745
|
|
13,906
|
|
2,123
|
Right-of-use assets
|
105,674
|
|
98,467
|
|
15,029
|
Total
assets
|
6,702,253
|
|
6,945,225
|
|
1,060,048
|
Accounts
payable
|
9,903
|
|
12,923
|
|
1,972
|
Amounts
due to related parties
|
970,309
|
|
769,744
|
|
117,486
|
Deferred
revenue
|
50,899
|
|
44,408
|
|
6,778
|
Payable to
investors at fair value
|
52,623
|
|
52,082
|
|
7,949
|
Accrued
expenses and other liabilities
|
1,208,915
|
|
1,148,549
|
|
175,303
|
Secured
borrowings
|
500,500
|
|
799,200
|
|
121,982
|
Refund
liability
|
10,845
|
|
7,404
|
|
1,130
|
Deferred
tax liabilities
|
38,741
|
|
76,003
|
|
11,600
|
Lease
liabilities
|
81,854
|
|
76,735
|
|
11,712
|
Total
liabilities
|
2,924,589
|
|
2,987,048
|
|
455,912
|
Ordinary
shares
|
121
|
|
121
|
|
19
|
Additional
paid-in capital
|
5,058,176
|
|
5,058,884
|
|
772,137
|
Treasury
stock
|
(40,147)
|
|
(40,147)
|
|
(6,128)
|
Accumulated other comprehensive
income
|
17,108
|
|
16,648
|
|
2,541
|
Accumulated deficit
|
(1,257,594)
|
|
(1,077,329)
|
|
(164,433)
|
Total
equity
|
3,777,664
|
|
3,958,177
|
|
604,136
|
Total liabilities and
equity
|
6,702,253
|
|
6,945,225
|
|
1,060,048
|
Operating
Highlights and Reconciliation of GAAP to Non-GAAP
Measures
|
(in thousands,
except for number of borrowers, number of investors and
percentages)
|
|
|
For the Three
Months Ended
|
|
March 31,
2020
|
|
March 31,
2021
|
|
March 31,
2021
|
|
RMB
|
|
RMB
|
|
USD
|
Operating
Highlights
|
|
|
|
|
|
Amount of investment
in current investment
products
|
2,163,313
|
|
5,823,057
|
|
888,772
|
Number of investors
in current investment products
|
18,809
|
|
110,072
|
|
110,072
|
Amount of loans
facilitated under loan facilitation
model
|
741,268
|
|
4,930,287
|
|
752,509
|
Amount of loans
facilitated
|
1,839,454
|
|
4,930,287
|
|
752,509
|
Number of
borrowers
|
115,420
|
|
345,939
|
|
345,939
|
Remaining principal
of performing loans facilitated
under loan facilitation model
|
3,582,742
|
|
11,159,179
|
|
1,703,223
|
|
|
|
|
|
|
Segment
Information
|
|
|
|
|
|
Wealth
management:
|
|
|
|
|
|
Revenue
|
415,876
|
|
263,743
|
|
40,255
|
Sales and marketing
expenses
|
67,326
|
|
38,987
|
|
5,951
|
Origination,servicing
and other operating costs
|
30,845
|
|
132,510
|
|
20,225
|
|
|
|
|
|
|
Consumer
credit:
|
|
|
|
|
|
Revenue
|
607,784
|
|
836,220
|
|
127,633
|
Sales and marketing
expenses
|
549,115
|
|
366,189
|
|
55,891
|
Origination,servicing
and other operating costs
|
72,073
|
|
42,015
|
|
6,413
|
|
|
|
|
|
|
|
|
|
|
|
|
Reconciliation of
Adjusted EBITDA
|
|
|
|
|
|
Net income
|
19,219
|
|
181,214
|
|
27,659
|
Interest
(income)/expense, net
|
(25,116)
|
|
10,980
|
|
1,676
|
Income tax
expense
|
3,936
|
|
44,373
|
|
6,773
|
Depreciation and
amortization
|
27,171
|
|
15,151
|
|
2,313
|
Share-based
compensation
|
4,541
|
|
(240)
|
|
(37)
|
Adjusted
EBITDA
|
29,751
|
|
251,478
|
|
38,384
|
Adjusted EBITDA
margin
|
2.9%
|
|
22.9%
|
|
22.9%
|
Delinquency Rates
(Loan Facilitation Model)
|
|
|
15-29
days
|
|
30-59
days
|
|
60-89
days
|
All
Loans
|
|
|
|
|
|
|
December 31,
2015
|
1.3%
|
|
1.9%
|
|
1.5%
|
December 31,
2016
|
0.6%
|
|
0.8%
|
|
0.7%
|
December 31,
2017
|
0.5%
|
|
0.8%
|
|
0.6%
|
December 31,
2018
|
1.0%
|
|
1.8%
|
|
1.7%
|
December 31,
2019
|
0.8%
|
|
1.3%
|
|
1.0%
|
December 31,
2020
|
0.5%
|
|
0.7%
|
|
0.6%
|
March 31,
2021
|
|
0.5%
|
|
0.8%
|
|
0.6%
|
|
|
|
|
|
|
|
Online
Channels
|
|
|
|
|
|
|
December 31,
2015
|
0.4%
|
|
0.7%
|
|
0.5%
|
December 31,
2016
|
0.8%
|
|
1.1%
|
|
1.7%
|
December 31,
2017
|
0.3%
|
|
0.2%
|
|
0.0%
|
December 31,
2018
|
0.9%
|
|
1.7%
|
|
1.5%
|
December 31,
2019
|
1.0%
|
|
2.1%
|
|
1.6%
|
December 31,
2020
|
0.6%
|
|
1.0%
|
|
1.1%
|
March 31,
2021
|
|
0.5%
|
|
0.9%
|
|
0.6%
|
|
|
|
|
|
|
|
Offline
Channels
|
|
|
|
|
|
|
December 31,
2015
|
1.3%
|
|
2.0%
|
|
1.6%
|
December 31,
2016
|
0.6%
|
|
0.8%
|
|
0.7%
|
December 31,
2017
|
0.5%
|
|
0.9%
|
|
0.7%
|
December 31,
2018
|
1.1%
|
|
1.9%
|
|
1.8%
|
December 31,
2019
|
0.7%
|
|
0.9%
|
|
0.7%
|
December 31,
2020
|
0.4%
|
|
0.6%
|
|
0.4%
|
March 31,
2021
|
|
0.4%
|
|
0.7%
|
|
0.6%
|
Net Charge-Off
Rate (Loan Facilitation Model)
|
Loan
Issued
Period
|
|
Amount of
Loans
Facilitated
During the Period
|
|
Accumulated M3+
Net
Charge-Off
as of March 31, 2021
|
|
Total Net
Charge-Off
Rate
as of March 31, 2021
|
|
|
(in RMB
thousands)
|
|
(in RMB
thousands)
|
|
|
2015
|
|
4,530,824
|
|
252,253
|
|
5.6%
|
2016
|
|
3,749,815
|
|
320,527
|
|
8.5%
|
2017
|
|
5,043,494
|
|
530,172
|
|
10.5%
|
2018
|
|
4,211,573
|
|
422,699
|
|
10.0%
|
2019
|
|
3,431,443
|
|
331,813
|
|
9.7%
|
2020
|
|
9,614,819
|
|
215,838
|
|
2.2%
|
M3+ Net Charge-Off
Rate (Loan Facilitation Model)
|
Loan
Issued
Period
|
|
Month on
Book
|
|
|
4
|
7
|
10
|
13
|
16
|
19
|
22
|
25
|
28
|
31
|
34
|
2015Q1
|
|
1.0%
|
1.9%
|
2.8%
|
3.7%
|
4.3%
|
4.8%
|
5.1%
|
5.3%
|
5.3%
|
5.3%
|
5.2%
|
2015Q2
|
|
1.1%
|
2.8%
|
4.2%
|
5.3%
|
6.2%
|
6.7%
|
7.0%
|
7.0%
|
6.9%
|
6.8%
|
6.8%
|
2015Q3
|
|
0.6%
|
2.2%
|
3.8%
|
5.0%
|
5.9%
|
6.5%
|
6.7%
|
6.8%
|
6.7%
|
6.7%
|
6.7%
|
2015Q4
|
|
1.0%
|
1.5%
|
2.2%
|
2.8%
|
3.1%
|
3.4%
|
3.7%
|
4.0%
|
4.2%
|
4.4%
|
4.4%
|
2016Q1
|
|
0.6%
|
0.9%
|
1.3%
|
1.7%
|
2.0%
|
2.2%
|
2.4%
|
2.7%
|
2.9%
|
3.0%
|
3.2%
|
2016Q2
|
|
0.6%
|
1.4%
|
2.3%
|
3.0%
|
3.6%
|
4.2%
|
4.8%
|
5.4%
|
5.8%
|
6.0%
|
6.2%
|
2016Q3
|
|
0.4%
|
1.7%
|
2.7%
|
4.1%
|
5.3%
|
6.5%
|
7.7%
|
8.6%
|
9.3%
|
9.3%
|
9.5%
|
2016Q4
|
|
0.3%
|
2.1%
|
3.8%
|
5.4%
|
7.2%
|
9.2%
|
10.4%
|
11.5%
|
12.4%
|
12.9%
|
13.3%
|
2017Q1
|
|
0.3%
|
1.6%
|
3.4%
|
5.3%
|
7.5%
|
8.9%
|
10.0%
|
10.9%
|
11.6%
|
12.1%
|
12.3%
|
2017Q2
|
|
4.1%
|
5.8%
|
7.9%
|
9.6%
|
11.3%
|
12.5%
|
13.2%
|
13.9%
|
14.6%
|
14.9%
|
15.1%
|
2017Q3
|
|
0.3%
|
1.6%
|
3.5%
|
4.9%
|
6.5%
|
7.6%
|
8.4%
|
8.9%
|
9.4%
|
9.9%
|
10.1%
|
2017Q4
|
|
0.2%
|
2.3%
|
5.1%
|
6.5%
|
7.9%
|
9.0%
|
9.7%
|
10.2%
|
10.7%
|
11.2%
|
10.6%
|
2018Q1
|
|
0.2%
|
2.9%
|
5.1%
|
6.8%
|
7.2%
|
7.9%
|
8.4%
|
8.7%
|
9.0%
|
8.6%
|
8.1%
|
2018Q2
|
|
0.7%
|
4.1%
|
7.1%
|
9.4%
|
11.2%
|
12.4%
|
13.4%
|
14.1%
|
14.3%
|
14.1%
|
|
2018Q3
|
|
0.2%
|
2.8%
|
3.6%
|
4.5%
|
5.2%
|
6.4%
|
7.0%
|
7.0%
|
6.9%
|
|
|
2018Q4
|
|
0.6%
|
2.2%
|
3.4%
|
5.2%
|
6.9%
|
9.0%
|
9.7%
|
9.9%
|
|
|
|
2019Q1
|
|
0.0%
|
0.8%
|
2.0%
|
3.4%
|
5.3%
|
5.9%
|
6.3%
|
|
|
|
|
2019Q2
|
|
0.1%
|
1.5%
|
4.5%
|
7.5%
|
8.8%
|
9.2%
|
|
|
|
|
|
2019Q3
|
|
0.2%
|
2.9%
|
6.8%
|
9.0%
|
10.4%
|
|
|
|
|
|
|
2019Q4
|
|
0.4%
|
3.1%
|
4.9%
|
6.3%
|
|
|
|
|
|
|
|
2020Q1
|
|
0.6%
|
2.3%
|
4.1%
|
|
|
|
|
|
|
|
|
2020Q2
|
|
0.5%
|
2.5%
|
|
|
|
|
|
|
|
|
|
2020Q3
|
|
1.1%
|
|
|
|
|
|
|
|
|
|
|
View original
content:http://www.prnewswire.com/news-releases/yiren-digital-reports-first-quarter-2021-financial-results-301309217.html
SOURCE Yiren Digital