Yatsen Holding Limited logo

Yatsen Holding Limited

YSG

NYSEConsumer DefensiveHousehold & Personal Products

Previous close

$3.00

+$0.02 · +0.67%

Aug 21, 4:00 PM ET

YSG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

82

Deep Value

Momentum

45

Neutral

Sentiment

57

Mixed

Risk resilience

34

High Risk

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Company profile

Company website

Yatsen Holding Limited, operating with its subsidiaries, is a prominent player in the beauty industry within the People's Republic of China. The company specializes in the creation and distribution of a diverse array of beauty items, marketed under well-known brands such as Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, Galánic, DR.WU, Eve Lom, and EANTiM. Its extensive product catalog encompasses color cosmetics for eyes, lips, and face, alongside a variety of skincare and nail care solutions. Additionally, Yatsen offers essential makeup accessories and tools, including brush sets, cotton pads, compact mirrors, and sponges. Beyond these, the company provides curated product kits and other unique offerings like fragrances, beauty devices, and colored contact lenses. These products are made available to consumers through both traditional brick-and-mortar retail outlets and robust online sales channels. Founded in 2016 and headquartered in Guangzhou, China, the company officially adopted the name Yatsen Holding Limited in January 2019, having previously been known as Mangrove Bay Ecommerce Holding (Cayman).

Industry
Household & Personal Products
Sector
Consumer Defensive
Headquarters
CN
CEO
Jinfeng Huang
Listed since
Nov 19, 2020
Employees
1,623

Market position

Day range

Current $3.00

52-week range

Current $3.00

Open
$3.00
Previous close
$2.98
Volume
63.09K
0.46× average
Average volume
135.92K
Average daily volume
Market cap
280.86M USD
Beta
-1.52
Market reference 1
50-day average
$3.337
-10.10% below average
200-day average
$3.8833
-22.75% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.9B CNY
P/E (TTM)
-14.34×
P/B (TTM)
0.65×
P/S (TTM)
0.42×
EV / EBITDA
33.91×
Earnings yield
-3.11%
Free cash flow yield
-5.47%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
78.74%
Operating margin
-5.61%
Net margin
-3.05%
Return on equity
-2.61%
Return on assets
-2.04%
Return on invested capital
-5.49%

Financial health

Debt / equity
0.06×
Current ratio
3.63×
Altman Z-score
-0.13
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%47%4%-39%Gross margin, FY2021: 66.76%Gross margin, FY2022: 67.96%Gross margin, FY2023: 73.60%Gross margin, FY2024: 77.13%Gross margin, FY2025: 79.20%Operating margin, FY2021: -27.81%Operating margin, FY2022: -25.06%Operating margin, FY2023: -16.38%Operating margin, FY2024: -12.43%Operating margin, FY2025: -4.32%Net margin, FY2021: -26.38%Net margin, FY2022: -22.00%Net margin, FY2023: -21.81%Net margin, FY2024: -20.87%Net margin, FY2025: -1.88%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 66.76%. Gross margin FY2022 67.96%. Gross margin FY2023 73.60%. Gross margin FY2024 77.13%. Gross margin FY2025 79.20%. Operating margin FY2021 -27.81%. Operating margin FY2022 -25.06%. Operating margin FY2023 -16.38%. Operating margin FY2024 -12.43%. Operating margin FY2025 -4.32%. Net margin FY2021 -26.38%. Net margin FY2022 -22.00%. Net margin FY2023 -21.81%. Net margin FY2024 -20.87%. Net margin FY2025 -1.88%.

Income trends

Revenue

4.18B CNY+21.49%

Operating income

−180.73M CNY+57.75%

Net income

−78.66M CNY+89.05%
Income trends across reported periods6.5B CNY3.55B CNY607.06M CNY−2.34B CNYRevenue, FY2021: 5.76B CNYRevenue, FY2022: 3.77B CNYRevenue, FY2023: 3.41B CNYRevenue, FY2024: 3.44B CNYRevenue, FY2025: 4.18B CNYOperating income, FY2021: −1.6B CNYOperating income, FY2022: −945.21M CNYOperating income, FY2023: −559.24M CNYOperating income, FY2024: −427.79M CNYOperating income, FY2025: −180.73M CNYNet income, FY2021: −1.52B CNYNet income, FY2022: −829.69M CNYNet income, FY2023: −744.69M CNYNet income, FY2024: −718.21M CNYNet income, FY2025: −78.66M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.76B CNY. Revenue FY2022 3.77B CNY. Revenue FY2023 3.41B CNY. Revenue FY2024 3.44B CNY. Revenue FY2025 4.18B CNY. Operating income FY2021 −1.6B CNY. Operating income FY2022 −945.21M CNY. Operating income FY2023 −559.24M CNY. Operating income FY2024 −427.79M CNY. Operating income FY2025 −180.73M CNY. Net income FY2021 −1.52B CNY. Net income FY2022 −829.69M CNY. Net income FY2023 −744.69M CNY. Net income FY2024 −718.21M CNY. Net income FY2025 −78.66M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.18B CNY3.44B CNY3.41B CNY3.77B CNY5.76B CNY
Cost of goods sold869.69M CNY787.24M CNY901.33M CNY1.21B CNY1.92B CNY
Gross profit3.31B CNY2.65B CNY2.51B CNY2.56B CNY3.85B CNY
Research and development133.56M CNY110.84M CNY111.68M CNY129.1M CNY140.25M CNY
Selling, general, and administrative3.32B CNY2.97B CNY2.96B CNY3.38B CNY5.31B CNY
Operating expenses3.49B CNY3.08B CNY3.07B CNY3.51B CNY5.45B CNY
Interest income39.61M CNY86.14M CNY89.02M CNY34.66M CNY45.66M CNY
Depreciation and amortization146.08M CNY223.18M CNY203.38M CNY345.22M CNY421.73M CNY
Operating income−180.73M CNY−427.79M CNY−559.24M CNY−945.21M CNY−1.6B CNY
Net income−78.66M CNY−718.21M CNY−744.69M CNY−829.69M CNY−1.52B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 5 misses, 0 met estimates
Average EPS surprise
-147.61%
5 comparable reports
Latest EPS result
-0.09

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.110.02-0.06-0.15Q3 '24MissQ4 '24MissQ1 '25MissQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimate
Q3 2024, reported Aug 20, 2024: actual -0.11, estimate 0.06, surprise -283.33%, Miss. Q4 2024, reported Nov 20, 2024: actual -0.009, estimate 0.007, surprise -220.08%, Miss. Q1 2025, reported Feb 25, 2025: actual -0.027, estimate 0.03, surprise -190.91%, Miss. Q2 2025, reported May 16, 2025: actual -0.008, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 0.02, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 17, 2025: actual -0.07, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 2, 2026: actual 0.07, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 26, 2026: actual -0.09, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates205.09M171.78M138.46M105.15MQ1 '25BeatQ2 '25No estimateQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 157.3M USD, estimate 137.37M USD, surprise +14.51%, Beat. Q2 2025, reported May 16, 2025: actual 114.83M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 151.65M USD, estimate 113.04M USD, surprise +34.16%, Beat. Q4 2025, reported Nov 17, 2025: actual 140.21M USD, estimate 139.49M USD, surprise +0.51%, Beat. Q1 2026, reported Mar 2, 2026: actual 197.21M USD, estimate 194.48M USD, surprise +1.40%, Beat. Q2 2026, reported May 26, 2026: actual 147.97M USD, estimate 148.35M USD, surprise -0.25%, Miss. Q3 2026, reported Aug 24, 2026: actual —, estimate 148.32M USD, surprise —, Comparison unavailable. Q4 2026, reported Nov 24, 2026: actual —, estimate 146.26M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy133%
Hold267%
Sell00%
Strong sell00%

Recent analyst actions

1 institution
JP MorganmaintainNeutral

YSG news

Corporate actions

Corporate action history

Stock split

Effective Mar 18, 2024

1:5

YSG peers

ETFs holding YSG

Funds reporting this stock among their holdings, ordered by reported position size.

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