Yirendai Other Operating Expenses vs Gross Profit Analysis

YRD Stock  USD 4.84  0.02  0.41%   
Yirendai financial indicator trend analysis is more than just analyzing Yirendai current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yirendai is a good investment. Please check the relationship between Yirendai Other Operating Expenses and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yirendai Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yirendai's Other Operating Expenses and Gross Profit is 0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Yirendai, assuming nothing else is changed. The correlation between historical values of Yirendai's Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Yirendai are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Yirendai's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Yirendai. It is also known as Yirendai overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Yirendai minus its cost of goods sold. It is profit before Yirendai operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Yirendai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yirendai current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.The current year's Tax Provision is expected to grow to about 612.8 M, whereas Selling General Administrative is forecasted to decline to about 219.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.7B2.7B3.9B3.6B
Total Revenue4.5B3.4B4.9B4.1B

Yirendai fundamental ratios Correlations

0.560.660.870.490.790.710.390.860.820.730.320.80.910.580.530.840.880.110.610.88-0.760.74-0.780.550.86
0.560.840.690.010.720.140.450.380.75-0.030.360.430.430.460.750.460.46-0.260.130.8-0.590.12-0.780.070.77
0.660.840.90.00.810.320.560.540.940.110.080.550.610.310.930.620.42-0.080.320.9-0.540.36-0.96-0.070.92
0.870.690.90.250.860.520.590.740.980.440.140.740.810.440.770.760.640.10.450.97-0.660.57-0.950.180.98
0.490.010.00.25-0.040.30.510.610.110.760.570.030.510.82-0.260.00.620.680.130.22-0.40.5-0.140.820.25
0.790.720.810.86-0.040.580.220.610.910.280.040.790.70.260.780.850.65-0.350.550.92-0.560.46-0.860.120.89
0.710.140.320.520.30.58-0.170.610.520.80.00.610.70.170.310.780.79-0.140.970.51-0.470.94-0.480.560.52
0.390.450.560.590.510.22-0.170.530.520.150.380.020.360.630.28-0.040.190.57-0.280.52-0.310.06-0.570.110.59
0.860.380.540.740.610.610.610.530.710.70.30.460.80.60.320.570.760.180.530.72-0.460.69-0.730.550.76
0.820.750.940.980.110.910.520.520.710.340.110.70.750.340.830.770.61-0.090.490.97-0.60.53-0.980.110.99
0.73-0.030.110.440.760.280.80.150.70.340.330.440.720.51-0.040.510.820.370.670.39-0.540.89-0.310.830.41
0.320.360.080.140.570.040.00.380.30.110.33-0.070.150.64-0.14-0.090.50.15-0.150.24-0.510.04-0.160.650.22
0.80.430.550.740.030.790.610.020.460.70.44-0.070.780.130.620.930.62-0.120.550.76-0.620.55-0.590.140.67
0.910.430.610.810.510.70.70.360.80.750.720.150.780.460.530.760.810.170.590.8-0.590.77-0.710.430.78
0.580.460.310.440.820.260.170.630.60.340.510.640.130.460.050.110.640.480.020.49-0.530.3-0.380.720.5
0.530.750.930.77-0.260.780.310.280.320.83-0.04-0.140.620.530.050.670.28-0.240.330.79-0.390.28-0.84-0.280.77
0.840.460.620.760.00.850.78-0.040.570.770.51-0.090.930.760.110.670.68-0.240.760.78-0.60.69-0.690.220.73
0.880.460.420.640.620.650.790.190.760.610.820.50.620.810.640.280.680.010.670.71-0.730.77-0.570.80.68
0.11-0.26-0.080.10.68-0.35-0.140.570.18-0.090.370.15-0.120.170.48-0.24-0.240.01-0.26-0.06-0.070.170.070.260.01
0.610.130.320.450.130.550.97-0.280.530.490.67-0.150.550.590.020.330.760.67-0.260.44-0.370.89-0.460.430.46
0.880.80.90.970.220.920.510.520.720.970.390.240.760.80.490.790.780.71-0.060.44-0.70.51-0.940.230.98
-0.76-0.59-0.54-0.66-0.4-0.56-0.47-0.31-0.46-0.6-0.54-0.51-0.62-0.59-0.53-0.39-0.6-0.73-0.07-0.37-0.7-0.50.57-0.52-0.65
0.740.120.360.570.50.460.940.060.690.530.890.040.550.770.30.280.690.770.170.890.51-0.5-0.510.60.55
-0.78-0.78-0.96-0.95-0.14-0.86-0.48-0.57-0.73-0.98-0.31-0.16-0.59-0.71-0.38-0.84-0.69-0.570.07-0.46-0.940.57-0.51-0.11-0.98
0.550.07-0.070.180.820.120.560.110.550.110.830.650.140.430.72-0.280.220.80.260.430.23-0.520.6-0.110.23
0.860.770.920.980.250.890.520.590.760.990.410.220.670.780.50.770.730.680.010.460.98-0.650.55-0.980.23
Click cells to compare fundamentals

Yirendai Account Relationship Matchups

Yirendai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B9.8B6.7B7.7B10.3B6.5B
Other Current Liab106.6M655.8M484.8M144.6M949.8M997.3M
Total Current Liabilities544.5M508.4M1.1B516.3M1.9B2.0B
Total Stockholder Equity5.1B4.5B3.8B4.8B8.1B8.5B
Other Liab2.5B175.9M181.3M264.0M303.6M288.4M
Net Tangible Assets4.5B3.8B4.8B6.0B6.9B7.3B
Property Plant And Equipment Net89.8M530.0M252.9M183.3M102.5M148.0M
Retained Earnings3.8B(533.5M)(1.3B)(247.8M)3.0B3.1B
Accounts Payable30.3M43.6M9.9M19.1M43.8M22.6M
Cash2.0B3.2B2.5B2.9B5.8B6.1B
Non Current Assets Total3.4B4.6B1.4B1.7B624.5M593.3M
Other Assets205.4M82.3M17.3M173.0M155.7M217.2M
Net Receivables1.2B1.4B2.5B3.0B2.0B1.5B
Common Stock Shares Outstanding93.1M93.3M90.2M85.3M89.3M85.5M
Short Term Investments832.5M461.0M175.5M177.4M514.1M449.6M
Liabilities And Stockholders Equity7.5B9.8B6.7B7.7B10.3B6.5B
Other Current Assets113.2M1.4B330.3M574.0M1.5B1.5B
Other Stockholder Equity1.3B5.0B5.0B5.1B5.1B3.0B
Total Liab2.4B5.3B2.9B2.9B2.2B2.7B
Long Term Investments6.6M3.3M2.2M2.7M10.4M9.9M
Property Plant And Equipment Gross530.0M252.9M183.3M111.2M118.3M120.0M
Total Current Assets4.2B5.2B5.3B6.1B9.7B10.1B
Accumulated Other Comprehensive Income16.4M21.9M17.1M11.6M23.7M12.2M
Common Stock76K77K121K123K130K123.5K
Property Plant Equipment530.0M252.9M183.3M111.2M127.8M162.5M
Net Debt(1.8B)(2.9B)(2.4B)(1.8B)(5.8B)(5.5B)
Non Currrent Assets Other729.3M1.3B278.6M352.0M35.7M33.9M
Long Term Debt18.6M500.5M1.0B767.9M883.1M927.2M
Cash And Short Term Investments2.9B3.7B2.6B3.0B6.2B6.5B
Long Term Debt Total18.6M500.5M1.0B767.9M883.1M927.2M
Non Current Liabilities Total1.9B4.8B1.8B2.4B747.4M710.1M
Capital Surpluse5.0B5.1B5.1B5.2B5.9B6.2B
Capital Lease Obligations282.3M81.9M72.1M35.2M23.6M22.5M
Inventory(42.1M)1.0102.5M(493.2M)(76.1M)(72.3M)
Deferred Long Term Liab160.0M65.5M10.0M787K905.1K859.8K
Non Current Liabilities Other1.8B33.6M5.7M118.7M120.9M114.8M
Current Deferred Revenue275.8M358.2M50.9M12.4M54.0M51.3M

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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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Consumer Finance space 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
(0.20)
Earnings Share
3.16
Revenue Per Share
62.45
Quarterly Revenue Growth
0.13
Return On Assets
0.1606
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.