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Yiren Digital (Yiren Digital) 1-Year ROIIC % : 412.60% (As of Dec. 2023)


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What is Yiren Digital 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Yiren Digital's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 412.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Yiren Digital's 1-Year ROIIC % or its related term are showing as below:

YRD's 1-Year ROIIC % is ranked better than
98.09% of 262 companies
in the Credit Services industry
Industry Median: 1.03 vs YRD: 412.60

Yiren Digital 1-Year ROIIC % Historical Data

The historical data trend for Yiren Digital's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yiren Digital 1-Year ROIIC % Chart

Yiren Digital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.15 64.37 91.57 2.11 412.60

Yiren Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 - -293.04 -78.80 412.60

Competitive Comparison of Yiren Digital's 1-Year ROIIC %

For the Credit Services subindustry, Yiren Digital's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yiren Digital's 1-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yiren Digital's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Yiren Digital's 1-Year ROIIC % falls into.



Yiren Digital 1-Year ROIIC % Calculation

Yiren Digital's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 285.781692 (Dec. 2023) - 168.68488 (Dec. 2022) )/( 294.21 (Dec. 2023) - 265.83 (Dec. 2022) )
=117.096812/28.38
=412.60%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Yiren Digital  (NYSE:YRD) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Yiren Digital 1-Year ROIIC % Related Terms

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Yiren Digital (Yiren Digital) Business Description

Traded in Other Exchanges
Address
118 Jianguo Road, 28th Floor, China Merchants Bureau Building, Chaoyang District, Beijing, CHN, 100022
Yiren Digital Ltd is a fintech company in China connecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investors and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. The company has three operating segments; the Yiren Wealth segment conducts holistic wealth business, the Yiren Credit segment focuses on consumer credit business, and the Other segment includes electronic commerce business. It derives a majority of its revenue from the Yiren Credit segment.