Yatsen Hldg Ltd Stock Price, News & Analysis

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.

Yatsen Holding Limited (NYSE: YSG) announced its fourth quarter and full year 2021 financial results on March 10, 2022. Fourth quarter net revenues fell 22.1% to RMB1.53 billion (US$239.8 million), while full-year revenues rose 11.6% to RMB5.84 billion (US$916.4 million>. Gross margin for Q4 was 65.0%, slightly down from 66.3% a year prior, yet annual gross margin improved to 66.8%. Despite challenges impacting the cosmetics segment, the company noted robust skincare sales. Yatsen expects Q1 2022 revenues to decline 35% to 40% year-over-year.

Yatsen Holding Limited (NYSE: YSG) will announce its unaudited financial results for the fourth quarter and full year ending December 31, 2021, on March 10, 2022, before U.S. markets open. A conference call is scheduled for the same day at 7:30 AM ET to discuss the results, with access numbers provided for listeners. Yatsen has established itself as a leading player in China's beauty market since its founding in 2016, leveraging a direct-to-customer model with various successful brands, including Perfect Diary. For more details, visit their investor relations website.

Yatsen Holding Limited (NYSE: YSG) reported a 6.0% increase in total net revenues for Q3 2021, amounting to RMB1.34 billion (US$208.4 million). Gross profit rose by 9.6% to RMB911.8 million (US$141.5 million), with a gross margin of 67.9%. Operating expenses decreased by 13.2% year-over-year, reflecting improved cash management. Notably, the company approved a US$100 million share repurchase program. However, the outlook for Q4 anticipates a revenue decline of 15% to 20%, attributed to high comparisons and soft color cosmetics sales.

Yatsen Holding Limited (NYSE: YSG), a top Chinese beauty company, will announce its third-quarter 2021 financial results on November 18, 2021, before U.S. market opening. A conference call is scheduled for the same day at 7:30 am ET to discuss these results. The call can be accessed via multiple international numbers. Yatsen aims to enhance beauty discovery for consumers globally, having launched several notable brands like Perfect Diary and DR.WU. The company's investor relations website will stream the call live and provide archived access.