YRD FY 2016 Earnings Report — Yiren Digital Ltd. Revenue & Financial Results | Market Cap Arena

Yiren Digital Ltd.YRD

FY 2016 Earnings

Reported April 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$473M	—	$193M	—	145.6%
Op. Income	$159M	—	$61M	—	161.3%
Gross Margin	94.4%	—	93.4%	—	1.0pp
Net Margin	34.5%	—	20.9%	—	13.6pp
EPS (Diluted)	$2.74	—	$0.80	—	243.1%
Free Cash Flow	$304M	—	$123M	—	146.6%

Revenue Flow

Item	Amount
REVENUE	$473M
Cost of Revenue	$26M
GROSS PROFIT	$447M
R&D Expenses	$0
Selling & Marketing	$230M
General & Administrative	$47M
SG&A Expenses	$276M
Other Expenses	$12M
Operating Expenses	$288M
Cost & Expenses	$315M
OPERATING INCOME	$159M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$161M
Income Tax Expense	-$2M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$163M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$163M
D&A	$2M
EBIT	$159M
EBITDA	$160M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$473M
Cost of Revenue	$26M
GROSS PROFIT	$447M
R&D Expenses	$0
Selling & Marketing	$230M
General & Administrative	$47M
SG&A Expenses	$276M
Other Expenses	$12M
Operating Expenses	$288M
Cost & Expenses	$315M
OPERATING INCOME	$159M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$161M
Income Tax Expense	-$2M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$163M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$163M
D&A	$2M
EBIT	$159M
EBITDA	$160M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$163M
Depreciation & Amortization	$2M
Stock-Based Compensation	$3M
Deferred Income Tax	$0
Other Non-Cash Items	-$27M
Change in Working Capital	$169M
OPERATING CASH FLOW	$309M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$203M
NET CASH FROM INVESTING	-$208M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$20M
NET CASH FROM FINANCING	$20M
FREE CASH FLOW	$304M
Net Change in Cash	$125M

Balance Sheet

Item	Amount
Cash & Equivalents	$141M
Short-Term Investments	$169M
Net Receivables	$110M
Inventory	$0
Other Current Assets	$178M
TOTAL CURRENT ASSETS	$613M
PP&E (Net)	$5M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$14M
Tax Assets	$64M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$86M
TOTAL ASSETS	$699M
Account Payables	$2M
Short-Term Debt	$0
Deferred Revenue	$24M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$171M
Long-Term Debt	$0
Deferred Revenue NC	$24M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$191M
TOTAL NON-CURRENT LIABILITIES	$215M
TOTAL LIABILITIES	$386M
Common Stock	$11.0K
Additional Paid-In Capital	$136M
Retained Earnings	$172M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$313M
Minority Interest	$0
TOTAL EQUITY	$313M
TOTAL LIABILITIES & EQUITY	$699M
Total Debt	$0
Net Debt	-$141M