YRD (Yiren Digital) Total Assets : $1,628.7 Mil (As of Jun. 2024)

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What is Yiren Digital Total Assets?

Yiren Digital's Total Assets for the quarter that ended in Jun. 2024 was $1,628.7 Mil.

During the past 12 months, Yiren Digital's average Total Assets Growth Rate was 68.50% per year. During the past 3 years, the average Total Assets Growth Rate was -3.60% per year. During the past 5 years, the average Total Assets Growth Rate was -17.60% per year. During the past 10 years, the average Total Assets Growth Rate was 39.40% per year.

During the past 11 years, Yiren Digital's highest 3-Year average Total Assets Growth Rate was 327.30%. The lowest was -22.30%. And the median was 13.45%.

Total Assets is connected with ROA %. Yiren Digital's annualized ROA % for the quarter that ended in Jun. 2024 was 14.32%. Total Assets is also linked to Revenue through Asset Turnover. Yiren Digital's Asset Turnover for the quarter that ended in Jun. 2024 was 0.13.

Yiren Digital Total Assets Historical Data

The historical data trend for Yiren Digital's Total Assets 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.

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Yiren Digital Total Assets Chart

Yiren Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,375.08

1,024.92

1,215.12

1,224.39

1,439.30

Yiren Digital Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															1,308.51	1,281.36	1,439.30	1,525.66	1,628.71

Yiren Digital Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Yiren Digital's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1132.398	+	306.906
	=	1,439.3

Yiren Digital's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	1235.599	+	393.106
	=	1,628.7

Yiren Digital (NYSE:YRD) Total Assets Explanation

Total Assets is connected with ROA %.

Yiren Digital's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	225.8	/	( (1525.658	+	1628.705)	/ 2 )
	=	225.8	/	1577.1815
	=	14.32 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Yiren Digital's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	206.285	/	( (1525.658	+	1628.705)	/ 2 )
=	206.285	/	1577.1815
=	0.13

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Yiren Digital Total Assets Related Terms

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Yiren Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yiren Digital Ltd (NYSE:YRD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

YRD:Mexico 19YA:Germany

Address

118 Jianguo Road, 28th Floor, China Merchants Bureau Building, Chaoyang District, Beijing, CHN, 100022

Website

https://ir.yiren.com

Yiren Digital Ltd is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. its mission is to elevate customers' financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. The company supports clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.