Yiren Digital's total assets reached CNY 10,904 mil at the end of 2Q2019, up 33.5% compared to the previous year.
Current assets amounted to CNY 9,587 mil, or 87.9% of total assets while cash stood at CNY 2,707 mil at the end of 2Q2019.
By contrast, total debt reached CNY 341 mil at the year-end, or 3.13% of total assets, while the firm's equity amounted to CNY 2,681 mil. As a result, net debt stood at CNY -2,365 mil at the end of 2Q2019 and accounted for -88.2% of equity.
Net debt against equity is up 88.2 pp from five years ago (). The ratio against EBITDA increased from x seen in 2Q2014 to -2.38x.
The company’s cost of funding amounted to -83.4% in 2Q2019, up 39.6 pp compared to the average over the last 5 years.
You can see all the company’s data at Yiren Digital profile, or you can download a report on the company in the report section.