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Yiren Digital Ltd. (YRD) Q3 2024 Earnings Call Transcript
Pulling Back 18% This Week, Yiren Digital's NYSE:YRD) One-year Decline in Earnings May Be Coming Into Investors Focus
yiren digital (YRD.US) had a net revenue of 1.4791 billion yuan in the third quarter, an increase of 12.8% year-on-year.
Gelonghui November 21st | Yiren Digital (YRD.US) released the financial report for the third quarter of 2024, with a total net revenue of 1.4791 billion yuan in the third quarter of 2024, a year-on-year increase of 12.8%; net income was 0.3554 billion yuan, compared to 0.5544 billion yuan in the same period of 2023; diluted eps was 2.0192 yuan. In the third quarter of 2024, financial service business revenue was 0.8362 billion yuan, an increase of 25.2% compared to 0.668 billion yuan in the same period of 2023. Insurance brokerage business revenue was 85.5 million yuan, compared to 0.2646 billion in the third quarter of 2023.
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Yiren Digital | 6-K: Report of foreign private issuer (related to financial reporting)
U.S. stocks fluctuate丨x3 holdings fell 37.89%, making it the largest decline among Chinese concept stocks.
On November 21, 2023, the five Chinese concept stocks with the largest closing declines were: x3 holdings down 37.89%, yiren digital down 18.04%, sos ltd down 17.96%, jin medical international down 16.53%, and autozi internet technology down 15.97%. (Gelonghui)
Yiren Digital Shares Are Trading Lower After the Company Reported a Year-over-year Decrease in Q3 EPS Results.
Yiren Digital (YRD.US) 2024Q3: Significant effectiveness of AI strategy boosting the healthy development of the company's business.
Yiren Digital Q3 2024: Steadily advancing the AI global strategy implementation, continuously improving the digitalized ecosystem.
Express News | Yiren Digital Q3 Adjusted Ebitda RMB 393.9 Million
Express News | Yiren Digital Q3 Revenue RMB 1,479.088 Million
Express News | Yiren Digital Outlook Q4 Revenue RMB 1,300-1,500 Million
Express News | Yiren Digital Q3 Net Income RMB 355.442 Million
Press Release: Yiren Digital Reports Third Quarter 2024 Financial Results
Earnings Scheduled For November 20, 2024
yiren digital (YRD.US) will release its financial report before the market opens on November 20.
$Yiren Digital (YRD.US)$ will release its financial report before the market opens on November 20th. How was the previous performance? $Yiren Digital (YRD.US)$ had a revenue of 1.496536 billion RMB, net income of 0.409528 billion RMB, and earnings per share of 4.688 RMB in 2024 Q2. In 2023 Q3, the revenue was 1.310774 billion RMB, net income was 0.554415 billion RMB, and earnings per share was 6.2166 RMB. The above data was prepared in accordance with US GAAP. Futubull reminds: 1. Listed on the Hong Kong and U.S. stock markets.
Yiren Digital to Report Third Quarter 2024 Financial Results on November 20, 2024
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
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Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.