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 China-based multi-brand beauty group focused on color cosmetics and skincare. Its news flow frequently centers on financial performance, brand development and research-driven product innovation across its portfolio, which includes Perfect Diary, Little Ondine, Pink Bear, Galénic, DR.WU (its mainland China business), Eve Lom and EANTiM.
Investors and followers of YSG news can expect regular updates on quarterly and annual financial results, often released via press releases and accompanied by conference calls with management. These announcements detail trends in total net revenues, the revenue mix between Skincare Brands and Color Cosmetics Brands, gross margin movements, operating expenses and net income or loss, along with non-GAAP metrics that the company uses to assess its performance.
Yatsen’s news also highlights its strategic emphasis on skincare and R&D, including information on new product launches under brands such as Galénic, DR.WU and Perfect Diary, as well as reports on its scientific initiatives and collaborations. Corporate communications have covered topics like the publication of a beauty innovation white paper, participation in international cosmetic and dermatology congresses, and the evolution of its global research network.
In addition, YSG news items may include disclosures about share repurchase programs, the filing of its annual report on Form 20-F, and commentary from senior management on market conditions, strategic transformation and profitability goals. For anyone tracking Yatsen, the news stream provides insight into how the company manages its brand portfolio, invests in beauty science and positions itself within the Chinese and global beauty markets.
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Yatsen Holding Limited, a prominent beauty company based in China, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022. This report was submitted to the U.S. Securities and Exchange Commission on April 26, 2023, and is accessible via the Company's investor relations website as well as the SEC's site. Yatsen has established itself as a major player in the beauty industry, launching and acquiring various cosmetics and skincare brands since its inception in 2016. Its flagship brand, Perfect Diary, is noted for being a leading cosmetics brand in China based on retail sales value. Shareholders can request a hard copy of the annual report free of charge.
Yatsen Holding Limited (YSG) reported its financial results for Q4 and full year 2022, indicating a challenging year for the company. Total net revenues for Q4 decreased by 34.2% to RMB1.01 billion (US$145.8 million), with a full-year revenue drop of 36.5% to RMB3.71 billion (US$537.3 million).
Despite the overall decline, revenues from skincare brands surged by 42.4% in Q4, accounting for 46.9% of total revenues. Yatsen achieved a significant reduction in net loss for the fourth quarter, which fell 88.4% to RMB55.0 million (US$8.0 million).
Yatsen Holding Limited (NYSE: YSG), a prominent Chinese beauty company, will release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, on March 8, 2023, before U.S. market open. A conference call is scheduled for the same day at 7:30 A.M. U.S. Eastern Time to discuss the results. The company's flagship brand, Perfect Diary, is recognized as a leading player in China's color cosmetics sector. To facilitate investor engagement, an archived webcast of the call will be available on their investor relations website.
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Yatsen Holding Limited (NYSE: YSG) reported a 36.1% decline in total net revenues for Q3 2022, totaling RMB857.9 million (US$120.6 million) compared to RMB1.34 billion in the previous year. Skincare Brands revenues saw an increase of 33.0% to RMB269.4 million (US$37.9 million), now constituting 31.4% of total revenues. Despite a gross profit decrease of 35.2% to RMB591.3 million, gross margin improved to 68.9%. The net loss narrowed by 41.7% to RMB210.7 million. For Q4 2022, Yatsen anticipates total net revenues of RMB916.7 million to RMB1.07 billion, reflecting a year-over-year decline of 30% to 40%.
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.