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Yatsen Holding Ltd

YSG

$1.85 ▼ -0.19 (-9.09%) at close

8 Visible periods

28 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

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Analytical Summary

Yatsen Holding Ltd faces fundamental challenges with weakness in Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $3.4B

Dividend Yield —

Revenue Growth 32.2% ↗

Op. Margin -4.3% ↗

ROIC -6.2% ↗

FCF / Share $-0.01 ↗

Trailing P/E —

Price / Book 8.0x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$614.62M

↑ +32.2% —

Net Income Profit after all expenses

$-11.56M

↑ +88.1% —

Operating Margin Operating profit as % of sales

-4.3%

↑ +82.2% 21th

FCF / Share Free cash flow per share

$-0.01

↑ +47.6% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Cash Quality ↑

Financial view

Statement lens

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Cadence

Annual Quarterly

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Revenue Growth YoY (%)	32.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+544%)	-3.3% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-167%)	-10.5% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-310%)	-41.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-927%)	14.3% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+185%)	—	—	—
EPS Growth YoY (%)	80.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	50.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	86.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	88.1% Excellent ↑ Excellent Improving Year-over-year change in net income	7.9% Fair ↓ Fair Declining Year-over-year change in net income	10.9% Fair ↓ Fair Declining Year-over-year change in net income	51.1% Excellent Excellent Year-over-year change in net income	41.3% Excellent Excellent Year-over-year change in net income	—	—	—
FCF Growth YoY (%)	47.6% Excellent Excellent Year-over-year change in free cash flow	-106.9% Weak Weak Year-over-year change in free cash flow	N/M	N/M	67.5% Excellent Excellent Year-over-year change in free cash flow	—	—	—
Revenue CAGR 3Y (%)	4.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-20.2% Weak Weak Compound annual revenue growth over 3 years	-15.7% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—	—
Revenue CAGR 5Y (%)	-5.2% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Operating Margin (%) (%)	-4.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-129%)	-24.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-262%)	-26.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-278%)	-25.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-267%)	-27.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-285%)	-51.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-442%)	—	—
Effective Tax Rate (%) (%)	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	-1.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-124%)	-20.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-361%)	-21.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-374%)	-22.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-375%)	-26.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-430%)	-51.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-742%)	—	—
FCF Margin (%) (%)	-3.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-8.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-4.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-19.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-23.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—
FCF / Net Income (x)	1.69x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.42x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.20x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.10x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.75x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.45x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Return on Invested Capital (%)	-6.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-26.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-22.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-19.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-28.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-30.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-4.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-20.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-18.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-15.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-22.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	-32.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-2.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	-23.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-293%)	-18.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-251%)	-17.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-244%)	-27.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-327%)	-39.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-427%)	—	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Interest Coverage (x)	—	—	—	—	—	-29366.93x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$-109.45M	$-111.98M	$-117.87M	$-219.36M	$-492.42M	$-877.71M	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Revenue per Share (USD)	$0.33	$0.23	$0.22	$0.23	$0.36	$0.96	—	—
Basic EPS, GAAP (USD)	$-0.01	$-0.05	$-0.05	$-0.05	$-0.10	$-0.73	—	—
Free Cash Flow per Share (USD)	$-0.01	$-0.02	$-0.01	$0.01	$-0.07	$-0.22	—	—
Book Value per Share (USD)	$0.23	$0.21	$0.27	$0.29	$0.35	$1.26	—	—
Tangible Book Value per Share (USD)	$0.18	$0.16	$0.19	$0.19	$0.25	$1.22	—	—
Basic Weighted Avg Shares (shares)	1.86B	2.03B	2.20B	2.37B	2.53B	833.71M	450.50M	271.26M

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Working Capital (USD)	$231.50M	$233.92M	$329.62M	$423.36M	$577.20M	$913.08M	—	—
Total Equity (USD)	$430.51M	$418.58M	$582.41M	$684.26M	$888.05M	$1.05B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Sales/Revenue/Turnover (USD)	$614.62M	$464.90M	$480.96M	$537.34M	$916.42M	$802.02M	—	—
Depreciation Expense (USD)	$5.27M	$5.21M	$7.56M	$16.54M	$20.50M	$11.43M	—	—
Net Income, GAAP (USD)	$-11.56M	$-97.02M	$-105.32M	$-118.22M	$-241.77M	$-411.92M	—	—
Operating Cash Flow (USD)	$-13.54M	$-33.38M	$-15.13M	$19.75M	$-160.13M	$-150.71M	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 8 years · 6 quarters

Yatsen Holding Ltd

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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