Yirendai Tangible Asset Value from 2010 to 2024

YRD Stock  USD 5.21  0.24  4.40%   
Yirendai's Tangible Asset Value is increasing over the years with slightly volatile fluctuation. Overall, Tangible Asset Value is expected to go to about 925.3 M this year. Tangible Asset Value is the total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks. View All Fundamentals
 
Tangible Asset Value  
First Reported
2010-12-31
Previous Quarter
881.2 M
Current Value
925.3 M
Quarterly Volatility
444.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Yirendai financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Yirendai main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 M, Interest Expense of 67.3 M or Selling General Administrative of 219.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0171 or PTB Ratio of 0.23. Yirendai financial statements analysis is a perfect complement when working with Yirendai Valuation or Volatility modules.
  
This module can also supplement Yirendai's financial leverage analysis and stock options assessment as well as various Yirendai Technical models . Check out the analysis of Yirendai Correlation against competitors.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.

Latest Yirendai's Tangible Asset Value Growth Pattern

Below is the plot of the Tangible Asset Value of Yirendai over the last few years. It is the total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks. Yirendai's Tangible Asset Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Yirendai's overall financial position and show how it may be relating to other accounts over time.
Tangible Asset Value10 Years Trend
Slightly volatile
   Tangible Asset Value   
       Timeline  

Yirendai Tangible Asset Value Regression Statistics

Arithmetic Mean662,639,267
Geometric Mean307,363,909
Coefficient Of Variation67.10
Mean Deviation401,767,694
Median979,141,735
Standard Deviation444,608,512
Sample Variance197676.7T
Range960M
R-Value0.81
Mean Square Error74754.6T
R-Squared0.65
Significance0.0003
Slope80,081,752
Total Sum of Squares2767474.2T

Yirendai Tangible Asset Value History

2024925.3 M
2023881.2 M
2015979.1 M
2014223.4 M

About Yirendai Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Yirendai income statement, its balance sheet, and the statement of cash flows. Yirendai investors use historical funamental indicators, such as Yirendai's Tangible Asset Value, to determine how well the company is positioned to perform in the future. Although Yirendai investors may use each financial statement separately, they are all related. The changes in Yirendai's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Yirendai's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Yirendai Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Yirendai. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Asset Value881.2 M925.3 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Yirendai in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Yirendai's short interest history, or implied volatility extrapolated from Yirendai options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Yirendai is a strong investment it is important to analyze Yirendai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Yirendai's future performance. For an informed investment choice regarding Yirendai Stock, refer to the following important reports:
Check out the analysis of Yirendai Correlation against competitors.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Yirendai's price analysis, check to measure Yirendai's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yirendai is operating at the current time. Most of Yirendai's value examination focuses on studying past and present price action to predict the probability of Yirendai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yirendai's price. Additionally, you may evaluate how the addition of Yirendai to your portfolios can decrease your overall portfolio volatility.
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Is Yirendai's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yirendai. If investors know Yirendai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yirendai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.194
Earnings Share
3.22
Revenue Per Share
55.396
Quarterly Revenue Growth
0.171
Return On Assets
0.1724
The market value of Yirendai is measured differently than its book value, which is the value of Yirendai that is recorded on the company's balance sheet. Investors also form their own opinion of Yirendai's value that differs from its market value or its book value, called intrinsic value, which is Yirendai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yirendai's market value can be influenced by many factors that don't directly affect Yirendai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yirendai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yirendai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yirendai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.