Yiren Digital Ltd Ret. on equity
What is the Ret. on equity of Yiren Digital Ltd?
The Ret. on equity of Yiren Digital Ltd is 24.02%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on NYSE compared to Yiren Digital Ltd
What does Yiren Digital Ltd do?
yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
Companies with ret. on equity similar to Yiren Digital Ltd
- Polaris Inc has Ret. on equity of 23.97%
- Accel Entertainment Inc has Ret. on equity of 23.97%
- Paramount Resources has Ret. on equity of 23.97%
- NextDecade has Ret. on equity of 24.00%
- Enerplus has Ret. on equity of 24.02%
- Kraton Corp has Ret. on equity of 24.02%
- Yiren Digital Ltd has Ret. on equity of 24.02%
- CSG Systems International has Ret. on equity of 24.03%
- Dollar Industries has Ret. on equity of 24.03%
- Indraprastha Medical has Ret. on equity of 24.04%
- Türk Telekomünikasyon AS has Ret. on equity of 24.04%
- KPIT Technologies has Ret. on equity of 24.05%
- Bajaj HealthCare has Ret. on equity of 24.06%