Welcome to our dedicated page for Yatsen Hldg news (Ticker: YSG), a resource for investors and traders seeking the latest updates and insights on Yatsen Hldg stock.
Yatsen Holding Limited (NYSE: YSG) is a pioneering force in China's beauty industry, renowned for its digital-first approach and brands like Perfect Diary. This page serves as the definitive source for official company announcements, financial disclosures, and strategic developments.
Investors and industry professionals will find curated updates including product launches, earnings reports, partnership announcements, and operational insights. Our aggregation ensures you stay informed about YSG's innovations in color cosmetics, skincare, and its direct-to-consumer digital strategy.
Content is organized for quick scanning across key business areas: financial performance, brand expansions, market research, and leadership updates. Bookmark this page for real-time access to Yatsen's evolving story in the competitive beauty sector.
Yatsen Holding Limited (NYSE: YSG), a leading Chinese beauty company, will release its unaudited financial results for Q3 2022 on November 22, 2022, prior to the U.S. market opening. Management will discuss these results in a live conference call on the same day at 7:30 A.M. ET. The call can be accessed via several contact numbers for various regions, including toll-free options for the U.S. and mainland China. A webcast of the call will be available on the company's investor relations website.
Yatsen Holding Limited (NYSE: YSG) reported its second-quarter 2022 results, revealing a 37.6% decline in total net revenues to RMB951.8 million (US$142.1 million), mainly due to a 50.5% drop in Color Cosmetics revenue. Conversely, net revenues from Skincare Brands surged by 49.2% to RMB317.8 million, now representing 33.4% of total revenues. The company achieved a net loss of RMB264.3 million (US$39.5 million), a 32.4% decrease year-over-year. Despite challenges, Yatsen generated RMB111.9 million in net cash from operating activities, with a cash balance of RMB3.06 billion.
Yatsen Holding Limited (NYSE: YSG), a prominent player in China's beauty market, announced it will disclose its unaudited financial results for Q2 2022 on August 25, 2022, before U.S. market opening. Management will host a conference call at 7:30 AM ET to discuss these results. Yatsen continues to evolve its diverse portfolio, which includes popular brands like Perfect Diary and Dr. Wu, aiming to enhance beauty experiences for consumers.
Yatsen Holding Limited (NYSE: YSG) announced on August 2, 2022, that it has regained compliance with the NYSE's minimum share price requirement, as detailed in a letter received from the exchange on August 1, 2022. The compliance issue arose after the average closing price of the Company's American depositary shares fell below $1.00 for 30 consecutive trading days, a situation previously communicated in an April 11, 2022 letter. Yatsen's recovery reflects its adherence to NYSE listing standards, enhancing investor confidence and market standing.
Yatsen Holding Limited (NYSE: YSG) reported a 38.3% decline in total net revenues for Q1 2022, totaling RMB891.0 million (US$140.5 million), primarily due to a 45.6% decrease in color cosmetics sales. However, skincare revenue surged by 68.5% to RMB182.7 million, representing 20.5% of total revenue. The net loss narrowed by 8.7% to RMB291.4 million (US$46.0 million), while non-GAAP net loss decreased by 33.6% to RMB155.6 million (US$24.5 million). Yatsen anticipates Q2 2022 revenues to decline 37% to 47% year-over-year.
Yatsen Holding Limited (NYSE: YSG), a prominent player in China's beauty market, will announce its unaudited financial results for Q1 2022 on May 24, 2022, before U.S. market opens. The management will host a conference call that day at 7:30 AM ET to discuss these results. Yatsen, founded in 2016, offers various beauty brands including Perfect Diary, and utilizes a direct-to-consumer model to engage customers both online and offline.
On May 6, 2022, Yatsen Holding Limited (NYSE: YSG) announced its provisional identification by the SEC as a Commission-Identified Issuer under the Holding Foreign Companies Accountable Act (HFCAA). This follows the filing of its annual report for the fiscal year ended December 31, 2021. The identification indicates that the SEC determined the audit firm used by Yatsen was not fully inspectable by the PCAOB. If identified for three consecutive years, YSG shares may be prohibited from trading on U.S. exchanges. Yatsen is exploring solutions to protect stakeholder interests while aiming to maintain its NYSE listing.
Yatsen Holding Limited (NYSE: YSG), a prominent Chinese beauty company, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. SEC on April 22, 2022. This report is accessible on the Company's investor relations website and the SEC's site. Yatsen aims to enhance consumer beauty experiences with brands like Perfect Diary and DR.WU, showcasing its strong e-commerce presence across major platforms in China. Shareholders can request hard copies of the report at no charge.
Yatsen Holding Limited (NYSE: YSG) has received a notification from the NYSE stating that it is non-compliant due to its American depositary shares trading below $1.00 for 30 consecutive days as of April 11, 2022. The company has a six-month period to rectify this by achieving a closing price of at least $1.00. If compliance is not restored, delisting procedures will commence. Yatsen plans to monitor market conditions and explore options to resolve this issue and prevent any potential delisting.
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