Yatsen Holding (YSG)
NYSE:YSG
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Yatsen Holding
(NYSE:YSG)
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Rating:46Neutral
Price Target:
$4.00
▼(-36.10% Downside)
Action:ReiteratedDate:12/13/25
YSG's overall score of 46 reflects significant financial challenges, with persistent losses and negative cash flows weighing heavily on the assessment. Weak technical indicators further signal bearish momentum. However, strong revenue growth and improved profitability metrics from the recent earnings call provide some optimism. Investors should remain cautious due to operational inefficiencies and valuation concerns.
Positive Factors
Revenue Growth
Strong revenue growth indicates robust demand and effective market strategies, particularly in the skincare segment, supporting long-term expansion.
Negative Factors
Declining Revenue Trend
A historical decline in revenue suggests challenges in maintaining growth momentum, potentially impacting long-term financial stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong revenue growth indicates robust demand and effective market strategies, particularly in the skincare segment, supporting long-term expansion.
Read all positive factors
Yatsen Holding (YSG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$308.81M
Dividend YieldN/A
Average Volume (3M)266.85K
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth22.58%
EPS Growth33.18%
CountryUS
Employees1,350
SectorConsumer Defensive
Sector Strength42
IndustrySpecialty Retail
Share Statistics
EPS (TTM)0.00
Shares Outstanding63,975,590
10 Day Avg. Volume320,295
30 Day Avg. Volume266,853
Financial Highlights & Ratios
PEG Ratio-1.39
Price to Book (P/B)0.96
Price to Sales (P/S)0.85
P/FCF Ratio-9.77
Enterprise Value/Market Cap4.74
Enterprise Value/Revenue0.36
Enterprise Value/Gross Profit0.46
Enterprise Value/Ebitda-3.86
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.74
Revenue Forecast (FY)$5.23B
Yatsen Holding Business Overview & Revenue Model
Company Description
Yatsen Holding Limited (YSG) is a leading beauty and personal care company based in China, specializing in the development, marketing, and sale of skincare and makeup products. The company operates primarily in the beauty sector, with a portfolio ...
How the Company Makes Money
Yatsen Holding generates revenue primarily through the direct sales of its cosmetic and skincare products across various e-commerce platforms and retail channels. The company has established a strong online presence, leveraging social media and in...
Yatsen Holding Earnings Call Summary
Earnings Call Date:Mar 02, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 14, 2026
Earnings Call Sentiment Positive
The call presents a materially improved financial and operational picture: robust revenue growth (especially skincare-led), margin expansion, return to non-GAAP profitability, and successful R&D-driven product wins. However, there are notable concerns including elevated selling and marketing spend, a decline in color cosmetics, negative operating cash flow and reduced cash balances. On balance, the positive developments around recovery, margin improvement and strategic execution outweigh the remaining operational and cash-flow challenges.Positive Updates
Quarterly Revenue Growth
Total net revenue for Q4 2025 increased 20.1% year-over-year to RMB 1.38 billion (from RMB 1.15 billion), meeting prior guidance and outpacing the industry.
Negative Updates
Color Cosmetics Softness
Color Cosmetics revenue declined 9.1% in Q4 YoY and grew only 1.9% for FY2025, indicating slower recovery/weakness in this segment compared with skincare.
Read all updates
Q4-2025 Updates
Positive
Negative
Quarterly Revenue Growth
Total net revenue for Q4 2025 increased 20.1% year-over-year to RMB 1.38 billion (from RMB 1.15 billion), meeting prior guidance and outpacing the industry.
Read all positive updates
Company Guidance
For the first quarter of 2026, management guided total net revenues of RMB 958.6 million to RMB 1.08 billion, implying year‑over‑year growth of approximately 15% to 30%; they noted these forecasts reflect their current and preliminary views on market and operational conditions and are subject to change.Yatsen Holding Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
65
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.07B | 3.44B | 3.41B | 3.77B | 5.76B | 4.95B |
| Gross Profit | 3.18B | 2.65B | 2.51B | 2.56B | 3.85B | 3.18B |
| EBITDA | -379.03M | -501.64M | -560.08M | -500.55M | -1.11B | -2.29B |
| Net Income | -478.50M | -718.21M | -744.69M | -829.69M | -1.52B | -2.54B |
Balance Sheet | ||||||
| Total Assets | 4.02B | 3.97B | 5.01B | 5.86B | 7.27B | 8.31B |
| Cash, Cash Equivalents and Short-Term Investments | 1.04B | 1.36B | 2.06B | 2.59B | 3.20B | 5.73B |
| Total Debt | 179.97M | 148.94M | 113.23M | 132.58M | 421.15M | 527.21M |
| Total Liabilities | 1.01B | 867.85M | 821.24M | 800.13M | 1.26B | 1.44B |
| Stockholders Equity | 3.02B | 3.06B | 4.14B | 4.72B | 5.66B | 6.85B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -300.69M | -151.41M | 76.88M | -1.19B | -1.37B |
| Operating Cash Flow | 0.00 | -243.67M | -107.44M | 136.21M | -1.02B | -983.37M |
| Investing Cash Flow | 0.00 | 592.12M | -260.49M | -1.16B | -1.48B | -508.83M |
| Financing Cash Flow | 0.00 | -394.23M | -342.45M | -654.45M | -1.71M | 6.68B |
Yatsen Holding Technical Analysis
Negative
6.26
Price Trends
4.07
Negative
4.73
Negative
6.94
Negative
Market Momentum
-0.17
Positive
34.94
Neutral
6.28
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YSG, the sentiment is Negative. The current price of 6.26 is above the 20-day moving average (MA) of 3.88, above the 50-day MA of 4.07, and below the 200-day MA of 6.94, indicating a bearish trend. The MACD of -0.17 indicates Positive momentum. The RSI at 34.94 is Neutral, neither overbought nor oversold. The STOCH value of 6.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for YSG.
Yatsen Holding Risk Analysis
Yatsen Holding disclosed 109 risk factors in its most recent earnings report. Yatsen Holding reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Yatsen Holding Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $1.12B | 41.12 | 8.68% | ― | 27.84% | ― | |
70 Outperform | $513.17M | 14.91 | 34.25% | 1.52% | 6.16% | 15.74% | |
64 Neutral | $1.34B | 7.65 | 23.43% | ― | -0.42% | 31.64% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
55 Neutral | $329.55M | -18.29 | -8.63% | ― | 3.89% | ― | |
53 Neutral | $429.39M | -38.47 | -34.47% | ― | -4.90% | 50.77% | |
46 Neutral | $308.81M | -32.20 | -2.64% | ― | 22.58% | 33.18% |
* Consumer Defensive Sector Average
YSG
Yatsen Holding
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Yatsen Holding Corporate Events
Yatsen Reports Strong Q3 2025 Revenue Growth Amid Skincare Surge
Nov 17, 2025
Yatsen Holding Limited announced its financial results for the third quarter of 2025, reporting a significant 47.5% increase in total net revenues to RMB998.4 million compared to the previous year. The company’s skincare brands saw an impres...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.