YSG · NYSE · Household & Personal Products

Yatsen (ADR) (YSG)

Sells color cosmetics and skincare through a portfolio led by Perfect Diary.

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Yatsen Holding LimitedYSG
Consumer Staples

Sells color cosmetics and skincare in China through Perfect Diary, Little Ondine, Pink Bear, Galénic, DR.WU, and Eve Lom. The portfolio spans mass, prestige, and clinical segments, with skincare contributing more than half of revenue.

Develops and sells beauty products in China through color-cosmetics brands Perfect Diary, Little Ondine, and Pink Bear, alongside skincare brands Galénic, DR.WU, and Eve Lom. Its portfolio spans mass-market color cosmetics as well as prestige and clinical skincare, combining product development with consumer insights, brand equity, and operational agility.

Skincare now provides more than half of revenue as resources concentrate on Galénic, DR.WU, and Eve Lom while color cosmetics are upgraded. Founder Jinfeng Huang remains both board chair and chief executive, and his Class B shares give him most voting power. Sales in the PRC are conducted through consolidated subsidiaries and VIE-related entities.

Company facts

CEOJinfeng Huang
ListedNov 19, 2020
ExchangeNYSE
HeadquartersGuangzhou, China
CountryChina
Employees1,623
CIK0001819580
ISINUS9851942089

Market cap$255.6M
EPS (ttm)−$0.3240
P/E (ttm)−8.43
ROE-7.2%
P/B0.6411
P/S0.3789
Dividend yieldDiv yield
Beta1.26vs XLP 0.33

No analyst consensus on record.

Next report
Nov 24, 26
in 62 days
EPS estimate
Revenue estimate
$168.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Sep '26Nov '26
Reported−$0.03−$0.01$0.02−$0.07$0.07−$0.09−$0.16Pending
Estimate$0.03
Surprise−190.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Sep '26Nov '26
Reported$157.3M$114.8M$151.7M$140.2M$197.2M$148.0M$168.2MPending
Estimate$137.4M$113.0M$139.5M$194.5M$148.3M$168.1M$168.2M
Surprise+14.5%+34.2%+0.5%+1.4%−0.3%+0.1%
Estimate
ReportedDue Nov 24, 2026
Estimate$168.2M
ReportedDue Nov 24, 2026
View details

Debt to equity22.40%
Current ratio369.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$98.8M$174.0M$124.1M$160.6M$148.2M$203.0M$152.4M$170.6M
Net income−$17.7M−$58.2M−$789.8K−$2.6M−$9.8M$1.2M−$9.0M−$13.6M
Net margin0.0%0.0%0.0%0.0%0.0%0.6%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$20.6M$1.9M−$5.1M−$8.2M−$12.4M−$1.9M−$14.8M−$19.7M
YoY growthLoss narrowedTurned profitLoss narrowedLoss narrowedLoss narrowedTurned lossLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $157.6M · Total debt $89.2M · Total assets $585.9M · Shareholders' equity $398.4M

Revenue
$170.6M
Operating income
−$19.7M
Net income
−$13.6M

Reported in CNY, converted at the latest exchange rate

View details

No dividends on record.

Institutions13.58%12.71M ADS
43 holders · as of Jun 30, 2026
Insiders170.71%159.82M ADS
2 holders · as of Mar 16, 2026
Adds to184.29%

93.62M ADS (1 ADS = 4 ordinary shares) as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

These groups come from separate filings that can overlap, so they add to 184.29%; nothing is left for Other.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Jinfeng HuangInsiderdirector, 10 percent owner, officer: Chief Executive Officer
170.69%600.57M B ordinary · 38.63M A ordinaryfiled Mar 16, 2026
HHLR Advisors, Ltd.Institution
5.22%4.89M A ADSas of Jun 30, 2026
Morgan StanleyInstitution
2.95%2.77M A ADSas of Jun 30, 2026
Bank of America Corp /DE/Institution
1.65%1.55M A ADSas of Jun 30, 2026
Yiheng Capital Management, L.P.Institution
1.01%946,193 A ADSas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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