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 (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.
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.
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.
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