Yatsen Reports Strong Q1 2025 Financial Results with Skincare Revenue Surge

Yatsen Holding ( (YSG) ) has provided an announcement.

Yatsen Holding Limited announced its financial results for the first quarter of 2025, showing a 7.8% increase in total net revenues to RMB833.5 million. The company reported a significant 47.7% rise in net revenues from its skincare brands, contributing to a gross margin increase to 79.1%. Despite a net loss of RMB5.6 million, this was a substantial improvement from the previous year’s loss of RMB124.9 million. The company also achieved a non-GAAP net income of RMB7.1 million, reflecting its strategic focus on sustainable growth and operational efficiency. The updates indicate a positive trajectory for Yatsen’s financial health and strategic positioning in the beauty industry.

Spark’s Take on YSG Stock

According to Spark, TipRanks’ AI Analyst, YSG is a Neutral.

Yatsen Holding faces significant financial and operational challenges, with declining revenue and profitability, and negative cash flow. While the earnings call highlighted some improvements in margins and specific product segments, the overall financial health remains weak. Technical analysis indicates mixed signals, and the valuation is unattractive due to the negative P/E ratio. The stock requires strategic initiatives for a turnaround.

To see Spark’s full report on YSG stock, click here.

More about Yatsen Holding

Yatsen Holding Limited is a leading beauty group based in China, focusing on skincare and color cosmetics brands. The company is known for its brands such as Galénic, DR.WU, Eve Lom, Perfect Diary, Little Ondine, and Pink Bear, with a strong emphasis on new product development, research and development, and brand building.

Average Trading Volume: 155,899

Technical Sentiment Signal: Buy

Current Market Cap: $462.5M

Find detailed analytics on YSG stock on TipRanks’ Stock Analysis page.