profit from every $100 of sales.

Yatsen
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Yatsen sold, what it kept, and what it did with the cash.
Sales went from CN¥3.71 billion in 2022 to CN¥4.30 billion in 2025, with -CN¥80.9 million of profit last year.
Yatsen vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Yatsen | No profit yet | ||
Alimentation Couche-Tard | 17.0× · Fair price | ||
Williams-Sonoma | 27.5× · Fair price | ||
Ulta Beauty | 24.5× · Fair price | ||
Coupang | 130.9× · Very expensive |
AI analysis
An AI analyst reads Yatsen's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,706 | 3,415 | 3,393 | 4,298 | |
| 2,519 | 2,513 | 2,617 | 3,361 | |
| -929 | -559 | -422 | -186 | |
| -590 | -356 | -202 | -40 | |
| -815 | -748 | -708 | -81 | |
| -6.80 | -6.80 | -7.00 | -0.80 | |
| 68.0% | 73.6% | 77.1% | 78.2% | |
| -25.1% | -16.4% | -12.4% | -4.3% | |
| -22.0% | -21.9% | -20.9% | -1.9% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,863 | 5,006 | 3,971 | 3,847 |
| Cash | 1,513 | 837 | 817 | 765 |
| Total debt | 133 | 113 | 149 | 177 |
| Total liabilities | 800 | 821 | 868 | 846 |
| 4,719 | 4,135 | 3,055 | 3,011 | |
| 119 | 110 | 101 | 93 | |
| -15.1% | -10.4% | -10.4% | -4.6% | |
| -17.3% | -18.1% | -23.2% | -2.7% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 136 | -107 | -244 | -95 | |
| 59 | 44 | 57 | 44 | |
| 77 | -151 | -301 | -138 | |
| Dividends paid | – | – | – | – |
| 655 | 213 | 406 | 111 | |
| 341 | 78 | 91 | 59 |
Valuation
- –
- 3.4×
- –
- 0.6×
- 0.3×
- –
- –
- -11.4%
- -6.7%
- 0.0%
Profitability
- 78.2%
- -4.3%
- -1.9%
- -1.9%
- -5.6%
- -16.9%
- -2.6%
- -2.1%
- -5.7%
- 3.2%
Growth
- +5.1%
- –
- +54.0%
- –
- −7.3%
Financial health
- -14.8×
- 0.06
- 4.6%
- –
- 3.63
- 2.80
- 1.11
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 2, 2026 | 0.01 | – | – |
| Nov 17, 2025 | -0.07 | – | – |
| Aug 21, 2025 | 0.02 | – | – |
| May 16, 2025 | 0.01 | – | – |
| Feb 25, 2025 | 0.14 | 0.03 | +364.7% |
| Nov 20, 2024 | -0.11 | 0.01 | −1,644.9% |
| Aug 20, 2024 | -0.11 | 0.06 | −283.3% |
| May 22, 2024 | -0.11 | -0.08 | −37.5% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Yatsen
Is Yatsen a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Yatsen AI analysis
What does Yatsen do?
Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. It is in Specialty Retail.
Does Yatsen pay a dividend?
No. Yatsen does not pay a dividend at the moment; in 2025 it returned $111 million to shareholders by buying back its own shares.
Is Yatsen stock halal?
No. Yatsen does not pass our halal screen: its cash and confirmed interest-bearing investments are 63% of its market value, at or above the 33% limit. How we check
How has Yatsen stock done over the past year?
Down 70.8% over the past twelve months, to $1.94. It traded between $1.79 and $6.84 and is 71.6% below its high.
Who are Yatsen's competitors?
The largest listed companies in the same industry are Alimentation Couche-Tard, Williams-Sonoma, Ulta Beauty and Coupang. The peers table on this page compares their profit, growth and price with Yatsen's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



