BEIJING, Nov. 25, 2025 /PRNewswire/ -- Yiren Digital Ltd. $(YRD)$ ("Yiren Digital" or the "Company"), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and Southeast Asia, today announced its unaudited financial results for the quarter ended September 30, 2025.
Third Quarter 2025 Operational Highlights
Financial Services Business
-- Total loans facilitated in the third quarter of 2025 reached RMB20.2
billion (US$2.8 billion), representing an increase of 51% compared to
RMB13.4 billion in the same period of 2024 and remaining stable compared
to RMB20.3 billion in the second quarter of 2025.
-- Cumulative number of borrowers served reached 14,006,873 as of September
30, 2025, representing an increase of 3% from 13,536,838 as of June 30,
2025, and increase of 21% compared to 11,611,899 as of September 30,
2024.
-- Number of borrowers served in the third quarter of 2025 was 1,335,978,
representing a decrease of 18% compared to 1,637,912 in the second
quarter of 2025 and a decrease of 11% compared to 1,498,020 in the same
period of 2024. The decrease was due to our strategic tightening of our
credit policy amid industry-wide credit risk fluctuations.
-- Outstanding balance of performing loans facilitated reached RMB34.2
billion (US$4.8 billion) as of September 30, 2025, representing an
increase of 10% from RMB31.2 billion as of June 30, 2025 and an increase
of 50% compared to RMB22.8 billion as of September 30, 2024.
Insurance Brokerage Business
-- Gross written premiums in the third quarter of 2025 were RMB1,148.0
million (US$161.3 million), representing an increase of 35% from RMB850.1
million in the second quarter of 2025 and 15% decrease compared to
RMB1,351.3 million in the same period of 2024. The increase was
attributed to the accelerating growth of our internet insurance business
as well as the strong performance of renewal premiums.
-- Annualized insurance premiums of internet insurance products were
RMB196.2 million (US$27.6 million), representing an increase of 204% from
RMB64.5 million in the second quarter of 2025.
"We delivered a stable and resilient quarter amid industry-wide challenges," said Mr. Ning Tang, Chairman and Chief Executive Officer. "Through adaptive risk management measures and business diversification -- including the growth of our high-potential online insurance business -- we have demonstrated our ability to manage risk in a challenging environment."
"As part of our ongoing transformation, we advanced our agentic AI capabilities to improve process efficiency and unit economics. These innovations are now helping to mitigate the margin pressure associated with the current credit cycle."
"We maintain a healthy and ample cash position and are driving the turnaround of the insurance business with the new internet insurance strategy. Our balance sheet remained robust with total cash, cash equivalents, and restricted cash of RMB4.3 billion. This provides us with the financial flexibility to invest in our next generation of fintech." Mr. William Hui, Chief Financial Officer commented.
Third Quarter 2025 Financial Results
Total net revenue in the third quarter of 2025 was RMB1,555.0 million (US$218.4 million), representing an increase of 5% from RMB1,479.1 million in the third quarter of 2024. Particularly, in the third quarter of 2025, revenue from financial services business was RMB1,423.2 million (US$199.9 million), representing an increase of 70% from RMB836.2 million in the same period of 2024. The increase was attributed to persistent demand for our small revolving loan products, as well as a growing repeat borrowing rate among existing borrowers. The financial service revenue accounts for 92% of the total net revenue. Revenue from insurance brokerage business was RMB84.2 million (US$11.8 million), representing a decrease of 2% from RMB85.5 million in the third quarter of 2024. The decrease was attributable to lower overall commission rates from the traditional line. Net revenue from other business was RMB47.5 million (US$6.7 million), compared with the revenue of RMB557.4 million in the third quarter of 2024. The decrease was mainly attributed to our strategic decision to wind down the historical "consumption and lifestyle" segment announced in the fourth quarter of 2024.
Sales and marketing expenses in the third quarter of 2025 were RMB331.8 million (US$46.6 million), compared to RMB335.6 million in the same period of 2024.
Origination, servicing and other operating costs in the third quarter of 2025 were RMB149.9 million (US$21.1 million), compared to RMB205.9 million in the same period of 2024. This decrease was primarily due to 27% decrease in origination and service expense from the financial services and lower commission costs from our insurance brokerage business.
Research and development expenses in the third quarter of 2025 were RMB91.5 million (US$12.9 million), compared to RMB150.8 million in the same period of 2024. The decrease in R&D expenses was due to the one-off system development project from 2024.
General and administrative expenses in the third quarter of 2025 were RMB104.4 million (US$14.7 million), compared to RMB80.1 million in the same period of 2024. The increase was primarily due to increase in personnel related costs to strengthen our risk management and fund the plan for new business initiatives.
Allowance for contract assets, receivables and others in the third quarter of 2025 was RMB229.4 million (US$32.2 million), compared to RMB94.9 million in the same period of 2024. The increase was driven by higher receivables from loan facilitation services and guarantee services, fueled by growing loan volume. Additionally, due to the increase in self-funded loan balance in the third quarter of 2025, the balance of financing receivables increased from RMB 17.5 million to RMB 1.1 billion.
Provision for contingent liabilities in the third quarter of 2025 was RMB459.8 million (US$64.6 million), compared to RMB272.4 million in the same period of 2024. The increase was attributable to increase in loan volume facilitated under risk-taking model. ([1])
Fair value adjustments gain in the third quarter of 2025 was a gain of RMB161.3 million (US$22.7 million) compared to a gain of RMB36.4 million in the same period of 2024. The increase was mainly due to the fair value change in crypto assets, driven by an increase in the price of Ethereum.
Income tax expense in the third quarter of 2025 was RMB56.1 million (US$7.9 million).
Net income in the third quarter of 2025 was RMB317.6 million (US$44.6 million), as compared to RMB355.4 million in the same period in 2024. The decrease was primarily due to substantial upfront provisions -- required by accounting principles for our growing loan volume under the "risk-taking model" -- coupled with a declining fee rate of loan-facilitation business following the new regulations as well as a decreasing commission rate in our insurance brokerage business. The industry-wide fluctuations in asset quality and our conservative risk assumptions are also attributed to the overall declined profitability.
Adjusted EBITDA([2]) (non-GAAP) in the third quarter of 2025 was RMB236.8 million (US$33.3 million), compared to RMB380.9 million in the same period of 2024 and RMB351.4 million in the second quarter of 2025.
Basic and diluted income per ADS in the third quarter of 2025 were RMB3.6472 (US$0.5124) and RMB3.6270 (US$0.5094) respectively, compared to a basic income per ADS of RMB4.0618 and a diluted income per ADS of RMB4.0384 in the same period of 2024.
Net cash used in operating activities in the third quarter of 2025 was RMB5.5 million (US$0.8 million), compared to RMB50.4 million generated from operating activities in the same period of 2024.
Net cash used in investing activities in the third quarter of 2025 was RMB707.6 million (US$99.4 million), compared to RMB1,859.6 million in the same period of 2024.
Net cash provided by financing activities in the third quarter of 2025 was RMB529.7 million (US$74.4 million), compared to RMB22.2 million used in financing activities in the same period of 2024.
As of September 30, 2025, cash and cash equivalents were RMB3,864.9 million (US$542.9 million), compared to RMB4,098.9 million as of June 30, 2025. As of September 30, 2025, the balance of financial investment was RMB498.8 million (US$70.1 million), compared to RMB418.9 million as of June 30, 2025.
Delinquency rates([3]) . As of September 30, 2025, the delinquency rates for loans that are past due for 1-30 days, 31-60 days and 61-90 days were 2.7%, 1.7% and 1.4%, respectively, compared to 1.7%, 1.1% and 1.0%, respectively, as of June 30, 2025.
Business Outlook
Based on the Company's preliminary assessment of business and market conditions, the Company projects the total revenue in the fourth quarter of 2025 to be between RMB1.4 billion and RMB1.6 billion, driven by loan growth from domestic market and international markets, and further market penetration into new customer segment.
This is the Company's current and preliminary view, which is subject to changes and uncertainties.
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses several non-GAAP financial measures, such as adjusted EBITDA and adjusted EBITDA margin as supplemental measures to review and assess operating performance. We believe these non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and prospects and allow for greater visibility with respect to key metrics used by our management in our financial and operational decision-making. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The non-GAAP financial measures have limitations as analytical tools. Other companies, including peer companies in the industry, may calculate these non-GAAP measures differently, which may reduce their usefulness as a comparative measure. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. See "Operating Highlights and Reconciliation of GAAP to Non-GAAP measures" at the end of this press release.
Currency Conversion
This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB7.1190 to US$1.00, the effective noon buying rate on September 30, 2025, as set forth in the H.10 statistical release of the Federal Reserve Board.
Conference Call
Yiren Digital's management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time on November 25, 2025 (or 8:00 p.m. Beijing/Hong Kong Time on November 25, 2025).
Participants who wish to join the call should register online in advance of the conference at:
https://dpregister.com/sreg/10204584/1005e60b0b0
Once registration is completed, participants will receive the dial-in details for the conference call.
Additionally, a live and archived webcast of the conference call will be available at:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=yBd8FS50
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital's control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital's ability to attract and retain borrowers and investors on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the peer-to-peer lending service industry in China, general economic conditions in China, and Yiren Digital's ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
About Yiren Digital
Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and Southeast Asia. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. With the recent launch of its Magicube Agent Platform and its strategic entry into digital asset business, Yiren Digital is building a new growth engine to become an AI-powered and blockchain-enabled global fintech leader. For more information, please visit https://ir.yiren.com.
1. The risk-taking model refers to the framework in which we assume the credit
risk for the loans facilitated on our platform.
2. "Adjusted EBITDA" is a non-GAAP financial measure. For more information on
this non-GAAP financial measure, please see the section of "Operating
Highlights and Reconciliations of GAAP to Non-GAAP Measures" and the table
captioned "Reconciliations of Adjusted EBITDA" set forth at the end of this
press release.
3. "Delinquency rates" refers to the outstanding principal balance of loans
that were 1-30 days, 31-60 days and 61-90 days past due as a percentage of the
total performing outstanding principal balance of loans as of a specific date.
Loans originating outside mainland China are not included in the calculation.
We define a performing loan as one that is being repaid according to the
agreed terms and has not become delinquent for more than 90 days.
Unaudited Condensed Consolidated Statements of Operations
(in thousands, except for share, per share and per ADS data, and percentages)
For the Three Months Ended For the Nine Months Ended
-------------------------------------------------- --------------------------------------
September June 30, September September September September September
30, 2024 2025 30, 2025 30, 2025 30, 2024 30, 2025 30, 2025
----------- ----------- ----------- ----------- ----------- ------------
RMB RMB RMB USD RMB RMB USD
Net revenue:
Loan facilitation
services 600,899 874,584 611,859 85,947 1,972,726 2,228,837 313,083
Post-origination
services 1,421 10,463 2,617 368 4,483 14,824 2,082
Guarantee services 136,746 316,942 458,363 64,386 222,533 1,093,702 153,631
Financing services 31,448 65,821 67,850 9,531 61,688 175,558 24,661
Insurance brokerage
services 85,530 58,137 84,228 11,831 301,982 213,825 30,036
Electronic commerce
services 546,366 93,962 32,555 4,573 1,572,943 310,590 43,629
Others 76,678 232,191 297,492 41,788 217,353 724,253 101,735
Total net revenue 1,479,088 1,652,100 1,554,964 218,424 4,353,708 4,761,589 668,857
Operating costs and
expenses:
Sales and marketing 335,647 345,166 331,758 46,602 897,971 953,876 133,990
Origination,servici
ng and other
operating costs 205,913 160,859 149,911 21,058 685,725 535,508 75,223
Research and
development 150,840 107,693 91,514 12,855 247,173 285,161 40,056
General and
administrative 80,097 78,862 104,420 14,668 232,441 279,119 39,208
Allowance for
contract assets,
receivables and
others 94,913 214,698 229,355 32,217 320,532 596,858 83,840
Provision for
contingent
liabilities 272,406 385,674 459,783 64,585 618,589 1,256,220 176,460
Total operating
costs and expenses 1,139,816 1,292,952 1,366,741 191,985 3,002,431 3,906,742 548,777
Other income:
Investment income * 1,101 2,245 3,791 532 11,812 8,008 1,125
Interest income 20,776 22,353 19,704 2,768 62,446 64,291 9,031
Fair value
adjustments gain 36,423 28,018 161,328 22,662 90,597 130,970 18,397
Others, net 2,535 14,084 644 91 3,201 15,403 2,163
Total other income 60,835 66,700 185,467 26,053 168,056 218,672 30,716
Income before
provision for
income taxes 400,107 425,848 373,690 52,492 1,519,333 1,073,519 150,796
Share of results of
equity investees - (4,431) - - - (4,560) (641)
Income tax expense 44,665 63,877 56,053 7,874 268,480 146,276 20,547
Net income 355,442 357,540 317,637 44,618 1,250,853 922,683 129,608
Weighted average
number of ordinary
shares outstanding,
basic 175,018,644 172,907,793 174,179,898 174,179,898 173,557,082 173,301,042 173,301,042
Basic income per
share 2.0309 2.0678 1.8236 0.2562 7.2072 5.3242 0.7479
Basic income per ADS 4.0618 4.1356 3.6472 0.5124 14.4144 10.6484 1.4958
Weighted average
number of ordinary
shares outstanding,
diluted 176,035,324 174,102,643 175,153,288 175,153,288 175,457,062 174,402,280 174,402,280
Diluted income per
share 2.0192 2.0536 1.8135 0.2547 7.1291 5.2905 0.7432
Diluted income per
ADS 4.0384 4.1072 3.6270 0.5094 14.2582 10.5810 1.4864
Unaudited Condensed
Consolidated Cash
Flow Data
Net cash generated
from/(used in)
operating
activities 50,393 411,224 (5,484) (770) 1,051,044 884,390 124,229
Net cash used in
investing
activities (1,859,587) (752,200) (707,599) (99,396) (3,080,167) (1,605,389) (225,508)
Net cash (used
in)/provided by
financing
activities (22,227) 447,588 529,732 74,411 (162,885) 896,744 125,965
Effect of foreign
exchange rate
changes (6,252) (9,412) (10,449) (1,468) (5,808) (17,494) (2,457)
Net
(decrease)/increase
in cash, cash
equivalents and
restricted cash (1,837,673) 97,200 (193,800) (27,223) (2,197,816) 158,251 22,229
Cash, cash
equivalents and
restricted cash,
beginning of
period 5,698,461 4,356,408 4,453,608 625,595 6,058,604 4,101,557 576,142
Cash, cash
equivalents and
restricted cash,
end of period 3,860,788 4,453,608 4,259,808 598,372 3,860,788 4,259,808 598,371
=========== =========== =========== =========== =========== =========== ============
* Due to the expansion in the types of the Company's investments, investment income has been separately
presented, split out from the original interest income, to reflect the realized gains from the Company's
financial investments, and historical periods have been restated to enhance investors' comprehension of the
Company's financial statements.
Unaudited Condensed Consolidated Balance Sheets
(in thousands)
As of
-------------------------------------------------
December June 30, September September
31, 2024 2025 30, 2025 30, 2025
---------- ---------- ---------- ------------
RMB RMB RMB USD
Cash and cash
equivalents 3,841,284 4,098,851 3,864,891 542,898
Restricted cash 260,273 354,757 394,917 55,474
Accounts receivable 566,541 553,660 796,551 111,891
Guarantee receivable 474,132 656,019 715,996 100,575
Contract assets, net 1,008,920 1,319,246 1,227,236 172,389
Contract cost 294 4,880 6,936 974
Prepaid expenses and
other assets 2,361,585 2,486,393 2,672,111 375,349
Loans at fair value 421,922 480,915 473,570 66,522
Financing receivables 17,515 484,733 1,061,080 149,049
Amounts due from related
parties 3,387,952 3,131,581 3,101,835 435,712
Financial investments 437,203 418,856 498,766 70,061
Equity investments 9,239 4,633 4,633 651
Property, equipment and
software, net 78,678 85,155 84,867 11,921
Crypto assets - 203,541 333,530 46,851
Deferred tax assets 77,463 128,989 173,182 24,327
Right-of-use assets 39,695 37,190 40,257 5,655
Total assets 12,982,696 14,449,399 15,450,358 2,170,299
---------- ---------- ---------- ------------
Accounts payable 43,167 61,580 50,401 7,080
Amounts due to related
parties 129,629 81,688 51,826 7,280
Guarantee
liabilities-stand
ready 606,886 889,343 929,970 130,632
Guarantee
liabilities-contingent 578,797 848,704 874,717 122,871
Deferred revenue 9,479 515 335 47
Payable to investors at
fair value 368,022 872,250 1,392,631 195,622
Accrued expenses and
other liabilities 1,622,050 1,582,978 1,647,346 231,401
Borrowings - - 9,255 1,300
Deferred tax liabilities 41,471 91,666 108,404 15,228
Lease liabilities 40,765 38,281 42,596 5,983
Total liabilities 3,440,266 4,467,005 5,107,481 717,444
---------- ---------- ---------- ------------
Ordinary shares 132 132 133 19
Additional paid-in
capital 5,198,457 5,210,508 5,229,667 734,607
Treasury stock (170,463) (170,686) (170,686) (23,976)
Accumulated other
comprehensive income 79,268 42,195 70,603 9,917
Retained earnings 4,435,036 4,900,245 5,213,160 732,288
Total equity 9,542,430 9,982,394 10,342,877 1,452,855
---------- ---------- ---------- ------------
Total liabilities and equity 12,982,696 14,449,399 15,450,358 2,170,299
========== ========== ========== ============
Operating Highlights and Reconciliation of GAAP to Non-GAAP Measures
(in thousands, except for number of borrowers, number of insurance clients, cumulative number of insurance clients and
percentages)
For the Three Months Ended For the Nine Months Ended
-------------------------------------
September June 30, September September September September September 30,
30, 2024 2025 30, 2025 30, 2025 30, 2024 30, 2025 2025
---------- ---------- ---------- --------- ---------- ---------- -------------
RMB RMB RMB USD RMB RMB USD
Operating Highlights
Amount of loans facilitated 13,392,676 20,347,799 20,166,545 2,832,778 38,239,060 55,752,267 7,831,474
Number of borrowers 1,498,020 1,637,912 1,335,978 1,335,978 3,365,960 3,145,904 3,145,904
Remaining principal of performing loans 22,768,555 31,220,078 34,235,130 4,808,980 22,768,555 34,235,130 4,808,980
Cumulative number of insurance clients 1,470,738 1,681,888 1,853,435 1,853,435 1,470,738 1,853,435 1,853,435
Number of insurance clients 82,291 118,747 229,353 229,353 226,191 387,130 387,130
Gross written premiums 1,351,311 850,080 1,147,966 161,254 3,324,627 2,799,844 393,292
First year premium 511,377 440,353 443,189 62,255 1,602,905 1,296,039 182,054
Renewal premium 839,934 409,727 704,777 98,999 1,721,722 1,503,805 211,238
Segment Information
Financial services business:
Revenue 836,193 1,489,587 1,423,231 199,920 2,425,341 4,207,298 590,996
Sales and marketing expenses 307,459 332,405 322,184 45,257 812,484 915,492 128,598
Origination, servicing and other
operating costs 119,706 105,617 87,322 12,266 318,727 333,562 46,855
Allowance for contract assets,
receivables and others 93,248 216,260 226,267 31,784 319,140 594,639 83,528
Provision for contingent liabilities 272,406 385,674 459,783 64,585 618,589 1,256,220 176,460
Insurance brokerage business:
Revenue 85,530 58,137 84,228 11,831 301,982 213,825 30,036
Sales and marketing expenses 3,545 2,731 2,077 292 11,373 7,603 1,068
Origination, servicing and other
operating costs 78,466 52,683 61,142 8,589 337,707 195,265 27,429
Allowance for contract assets,
receivables and others (414) 564 677 95 (904) 663 93
Others:
Revenue 557,365 104,376 47,505 6,673 1,626,385 340,466 47,825
Sales and marketing expenses 24,643 10,030 7,497 1,053 74,114 30,781 4,324
Origination, servicing and other
operating costs 7,741 2,559 1,447 203 29,291 6,681 939
Allowance for contract assets,
receivables and others 1,666 45 34 5 1,664 (1,915) (269)
Reconciliation of Adjusted EBITDA
Net income 355,442 357,540 317,637 44,618 1,250,853 922,683 129,608
Interest income and investment income,
net (21,877) (24,598) (23,495) (3,300) (74,258) (72,299) (10,156)
Income tax expense 44,665 63,877 56,053 7,874 268,480 146,276 20,547
Depreciation and amortization 2,401 2,643 3,252 457 6,319 8,192 1,151
Share-based compensation 13,235 6,932 14,439 2,028 16,578 23,558 3,310
Fair value adjustments related to crypto
assets and financial investment (12,954) (54,979) (131,101) (18,416) (11,286) (115,256) (16,190)
Adjusted EBITDA 380,912 351,415 236,785 33,261 1,456,686 913,154 128,270
========== ========== ========== ========= ========== ========== =============
Adjusted EBITDA margin 25.8 % 21.3 % 15.2 % 15.2 % 33.5 % 19.2 % 19.2 %
Delinquency Rates
1-30 days 31-60 days 61-90 days
--------- ---------- ----------
December 31, 2020 1.3 % 0.7 % 0.6 %
December 31, 2021 2.0 % 1.5 % 1.2 %
December 31, 2022 1.7 % 1.2 % 1.1 %
December 31, 2023 2.0 % 1.4 % 1.2 %
December 31, 2024 1.6 % 1.2 % 1.1 %
March 31, 2025 1.6 % 1.2 % 1.2 %
June 30, 2025 1.7 % 1.1 % 1.0 %
September 30, 2025 2.7 % 1.7 % 1.4 %
30+ Days Delinquency Rates By Vintage*
Loan
Issued
Period Month on Book
2 4 6 8 10 12 14 16 18 20 22 24
2020Q1 0.8 % 2.0 % 3.4 % 4.5 % 5.4 % 5.9 % 6.5 % 6.8 % 7.1 % 7.5 % 8.1 % 8.5 %
2020Q2 0.6 % 2.0 % 3.3 % 4.5 % 5.3 % 6.0 % 6.4 % 6.9 % 7.4 % 8.0 % 8.6 % 8.8 %
2020Q3 1.3 % 2.8 % 4.3 % 5.4 % 6.3 % 6.9 % 7.5 % 8.2 % 8.9 % 9.3 % 9.5 % 9.5 %
2020Q4 0.3 % 1.4 % 2.4 % 3.4 % 4.3 % 5.4 % 6.4 % 7.3 % 7.7 % 8.0 % 8.2 % 8.3 %
2021Q1 0.5 % 1.8 % 3.0 % 4.2 % 5.3 % 6.3 % 7.1 % 7.3 % 7.5 % 7.7 % 7.8 % 7.9 %
2021Q2 0.5 % 2.1 % 3.8 % 5.5 % 6.8 % 7.5 % 7.7 % 7.9 % 8.1 % 8.3 % 8.2 % 8.2 %
2021Q3 0.6 % 2.5 % 4.2 % 5.4 % 6.1 % 6.5 % 6.7 % 6.9 % 6.9 % 6.9 % 6.9 % 6.8 %
2021Q4 0.8 % 2.7 % 4.1 % 4.9 % 5.4 % 5.8 % 5.8 % 5.8 % 5.7 % 5.6 % 5.6 % 5.5 %
2022Q1 0.7 % 2.1 % 3.2 % 4.0 % 4.6 % 4.8 % 4.7 % 4.6 % 4.6 % 4.5 % 4.5 % 4.4 %
2022Q2 0.5 % 1.8 % 2.9 % 3.8 % 4.3 % 4.5 % 4.4 % 4.3 % 4.3 % 4.2 % 4.2 % 4.1 %
2022Q3 0.6 % 2.2 % 3.5 % 4.3 % 4.8 % 5.0 % 5.0 % 4.9 % 4.9 % 4.8 % 4.7 % 4.7 %
2022Q4 0.7 % 2.5 % 3.9 % 4.9 % 5.6 % 5.9 % 5.8 % 5.8 % 5.7 % 5.6 % 5.5 % 5.4 %
2023Q1 0.6 % 2.4 % 4.0 % 5.2 % 5.9 % 6.2 % 6.1 % 6.0 % 5.9 % 5.8 % 5.7 % 5.6 %
2023Q2 0.7 % 3.0 % 4.9 % 6.3 % 7.0 % 7.3 % 7.2 % 7.0 % 6.9 % 6.8 % 6.7 % 6.6 %
2023Q3 0.9 % 3.7 % 5.8 % 7.1 % 7.9 % 8.1 % 8.0 % 7.9 % 7.7 % 7.6 % 7.5 % 7.5 %
2023Q4 0.8 % 3.6 % 5.8 % 7.0 % 7.6 % 7.8 % 7.7 % 7.5 % 7.4 % 7.3 % 7.3 %
2024Q1 0.7 % 3.2 % 5.0 % 6.1 % 6.7 % 7.0 % 6.9 % 6.8 % 6.7 % 6.9 %
2024Q2 0.6 % 2.5 % 4.2 % 5.3 % 6.0 % 6.2 % 6.2 % 6.2 %
2024Q3 0.6 % 2.3 % 3.8 % 4.9 % 5.6 % 5.9 % 5.7 %
2024Q4 0.7 % 2.4 % 3.9 % 5.1 % 5.9 %
2025Q1 0.6 % 2.4 % 4.3 % 5.2 %
2025Q2 0.8 % 3.3 %
2025Q3 1.0 %
*The 30+ days delinquency rate by vintage refers to the outstanding principal balance of
loans facilitated over a specified period that are more than 30 days past due, as a
percentage of the total loans facilitated during that same period. Loans originating outside
mainland China are excluded from the calculation.
View original content:https://www.prnewswire.com/news-releases/yiren-digital-reports-third-quarter-2025-financial-results-302625531.html
SOURCE Yiren Digital
(END) Dow Jones Newswires
November 25, 2025 05:30 ET (10:30 GMT)
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