XML 39 R12.htm IDEA: XBRL DOCUMENT
v3.7.0.1

PREPAID EXPENSE AND OTHER ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2016
PREPAID EXPENSE AND OTHER ASSETS |
PREPAID EXPENSE AND OTHER ASSETS | 3. PREPAID EXPENSE AND OTHER ASSETS
|  | December 31, 2015 |  | December 31, 2016 |
|  | RMB |  | RMB |
Funds receivable from external payment network providers (i) |  | 197,904 |  | 306,758 |
Prepaid VAT and surcharge tax |  | 27,536 |  | 86,767 |
Tax refund receivable (ii) |  | — |  | 47,338 |
Prepaid expense |  | 14,354 |  | 10,540 |
Others |  | 6,929 |  | 15,360 |
Total |  | 246,723 |  | 466,763 |
| (i) |  | The Company opened accounts with external online payment service providers to collect and transfer loan funds and interest to investors or borrowers, repay and collect the default loan principal and interest, then transfer to the bank accounts of China Guangfa Bank. The Company also uses such accounts to collect the transaction fee and service fee. The balance of funds receivable from external payment network providers mainly includes accumulated amounts of transaction fee, service fee received at the balance sheet date.
| (ii) |  | Yi Ren Heng Ye was recognized as a Software Enterprise and thereby entitled to enjoy full exemption from EIT for two years since the first year of profit, i.e., 2015 and 2016. The income tax of RMB47 millions already paid for 2016 was recognized as tax refund receivable upon the confirmation of the tax exemption status in 2016.

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Entire disclosure for assets related to consideration paid in advance for costs that provide economic benefit in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. + References No definition available. + Details
Name: | yrd_PrepaymentsAndOtherCurrentAssetsTextBlock
Namespace Prefix: | yrd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration