Finanzas de Yatsen Holding Ltd (YSG)YSGYatsen Holding Ltd

Yatsen Holding Ltd (YSG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Perfect Diary, accounting for 73.9% of total sales, equivalent to CNY 936.27M. Another important revenue stream is Others. Understanding this composition is critical for investors evaluating how YSG navigates market cycles within the Personal Products industry.

Evaluating the bottom line, Yatsen Holding Ltd maintains a gross margin of 73.88%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -11.55%, while the net margin is -7.95%. These profitability ratios, combined with a Return on Equity (ROE) of -7.26%, provide a clear picture of how effectively YSG converts its operational activities into shareholder value.

In the context of the broader market, YSG competes directly with industry leaders such as NUS and SLSN. With a market capitalization of $248.57M, it holds a leading position in the sector. When comparing efficiency, YSG's gross margin of 73.88% stands against NUS's 68.20% and SLSN's 30.97%. Such benchmarking helps identify whether Yatsen Holding Ltd is trading at a premium or discount relative to its financial performance.

Yatsen's financial performance shows a mixed picture. In Q2 2026, the company reported revenues of RMB 1.14 billion, a 5.1% increase year-over-year, but it also reported a widening operating loss of RMB 131.9 million. The gross margin has decreased to 73.9%, reflecting challenges in profitability despite strong skincare revenue growth of 40.4%.