Yatsen Announces Second Quarter 2025 Financial Results
Yatsen (NYSE:YSG), a leading Chinese beauty group, reported strong Q2 2025 financial results with total net revenues increasing 36.8% to RMB1.09 billion (US$151.7 million). The company's Skincare Brands segment showed exceptional growth, rising 78.7% year-over-year to RMB581.3 million, representing 53.5% of total revenues.
Gross margin improved to 78.3%, while net loss narrowed significantly by 77.2% to RMB19.5 million. The company achieved a notable turnaround with a non-GAAP net income of RMB11.5 million, compared to a loss in the previous year. For Q3 2025, Yatsen expects revenues between RMB778.6-880.1 million, projecting 15-30% year-over-year growth.
Yatsen (NYSE:YSG), importante gruppo cosmetico cinese, ha pubblicato solidi risultati finanziari per il secondo trimestre 2025: i ricavi netti totali sono aumentati del 36,8% a RMB1,09 miliardi (US$151,7 milioni). Il segmento Skincare Brands ha registrato una crescita eccezionale, salendo del 78,7% su base annua a RMB581,3 milioni, pari al 53,5% dei ricavi totali.
Il margine lordo 猫 migliorato fino al 78,3%, mentre la perdita netta si 猫 ridotta sensibilmente del 77,2% a RMB19,5 milioni. L鈥檃zienda ha ottenuto un significativo recupero con un utile netto non-GAAP di RMB11,5 milioni, rispetto a una perdita nello stesso periodo dell鈥檃nno precedente. Per il terzo trimestre 2025, Yatsen prevede ricavi compresi tra RMB778,6 e 880,1 milioni, stimando una crescita del 15-30% su base annua.
Yatsen (NYSE:YSG), un destacado grupo de belleza chino, present贸 s贸lidos resultados financieros del segundo trimestre de 2025: los ingresos netos totales aumentaron un 36,8% hasta RMB1.09 mil millones (US$151,7 millones). El segmento Skincare Brands mostr贸 un crecimiento excepcional, subiendo un 78,7% interanual hasta RMB581,3 millones, representando el 53,5% de los ingresos totales.
El margen bruto mejor贸 hasta el 78,3%, mientras que la p茅rdida neta se redujo notablemente en un 77,2% hasta RMB19,5 millones. La compa帽铆a logr贸 una recuperaci贸n destacada con un beneficio neto no GAAP de RMB11,5 millones, frente a p茅rdidas en el a帽o anterior. Para el tercer trimestre de 2025, Yatsen espera ingresos entre RMB778,6 y 880,1 millones, proyectando un crecimiento interanual del 15-30%.
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齑濎澊鞚惦鞚赌 78.3%搿� 臧滌劆霅橃棃瓿�, 靾滌啇鞁れ潃 77.2% 於曥唽霅� RMB19.5氚彪鞙茧 韥矊 欷勳棃鞀惦媹雼�. 須岇偓電� 鞝勲厔 靻愳嫟鞐愳劀 氩楈柎雮� 牍� GAAP 旮办 靾滌澊鞚� RMB11.5氚彪鞚� 雼劚頃橂┌ 霘滊牱頃� 氚橂摫鞚� 鞚措（鞐堨姷雼堧嫟. 2025雲� 3攵勱赴鞐愲姅 毵れ稖鞚� RMB778.6~880.1氚彪鞙茧 鞝勲頃橂┌ 鞝勲厔 雽�牍� 15~30% 靹膘灔鞚� 鞓堨儊頃╇媹雼�.
Yatsen (NYSE:YSG), un groupe de beaut茅 chinois de premier plan, a publi茅 de solides r茅sultats pour le deuxi猫me trimestre 2025 : le chiffre d鈥檃ffaires net total a augment茅 de 36,8% pour atteindre RMB1,09 milliard (151,7 M$). Le segment Skincare Brands a connu une croissance exceptionnelle, en hausse de 78,7% en glissement annuel 脿 RMB581,3 millions, soit 53,5% des revenus totaux.
La marge brute s鈥檈st am茅lior茅e 脿 78,3%, tandis que la perte nette s鈥檈st fortement r茅duite de 77,2% 脿 RMB19,5 millions. La soci茅t茅 a r茅alis茅 un redressement notable avec un r茅sultat net non-GAAP de RMB11,5 millions, contre une perte l鈥檃n dernier. Pour le troisi猫me trimestre 2025, Yatsen pr茅voit des revenus compris entre RMB778,6 et 880,1 millions, anticipant une croissance annuelle de 15鈥�30%.
Yatsen (NYSE:YSG), eine f眉hrende chinesische Beauty-Gruppe, meldete starke Finanzergebnisse f眉r Q2 2025: der Gesamtumsatz stieg um 36,8% auf RMB1,09 Milliarden (US$151,7 Millionen). Der Bereich Skincare Brands verzeichnete ein au脽ergew枚hnliches Wachstum von 78,7% gegen眉ber dem Vorjahr auf RMB581,3 Millionen und machte 53,5% des Gesamtumsatzes aus.
Die Bruttomarge verbesserte sich auf 78,3%, w盲hrend der Nettoverlust deutlich um 77,2% auf RMB19,5 Millionen schrumpfte. Das Unternehmen erzielte eine bemerkenswerte Wende mit einem Non-GAAP-Nettogewinn von RMB11,5 Millionen gegen眉ber einem Verlust im Vorjahr. F眉r Q3 2025 erwartet Yatsen einen Umsatz zwischen RMB778,6 und 880,1 Millionen und prognostiziert ein Jahreswachstum von 15鈥�30%.
- Net revenues increased 36.8% year-over-year to RMB1.09 billion
- Skincare Brands segment grew 78.7% year-over-year
- Gross margin improved to 78.3% from 76.7%
- Net loss narrowed by 77.2% to RMB19.5 million
- Achieved non-GAAP net income of RMB11.5 million vs previous loss
- Operating expenses as percentage of revenues decreased to 83.4% from 93.7%
- Generated positive operating cash flow of RMB77.7 million
- Still operating at a net loss of RMB19.5 million
- Operating loss of RMB55.5 million despite improvements
- High operating expenses at 83.4% of total revenues
- Selling and marketing expenses remain elevated at 66.5% of revenues
Insights
Yatsen shows strong recovery with 36.8% revenue growth, narrowed losses, and first non-GAAP profit, driven by successful skincare pivot.
Yatsen's Q2 2025 results demonstrate a significant turnaround in the company's financial trajectory. Total revenue jumped
The company's gross margin improvement to
Operating leverage is beginning to materialize, with operating expenses as a percentage of revenue decreasing to
The company's cash position remains stable at
This quarter represents a potential inflection point for Yatsen, with the R&D-driven skincare strategy delivering results, color cosmetics returning to growth, and the achievement of non-GAAP profitability signaling a potential sustainable path forward. The transition from a primarily color cosmetics business to a skincare-led portfolio appears to be succeeding, though the company still faces challenges in achieving GAAP profitability.
Conference Call to Be Held at 7:30 A.M.
Second Quarter 2025 Highlights
- Total net revenues for the second quarter of 2025 increased by
36.8% toRMB1.09 billion (US ) from$151.7 million RMB794.5 million for the prior year period. - Total net revenues from Skincare Brands[1]听for the second quarter of 2025 increased by
78.7% toRMB581.3 million (US ) from$81.1 million RMB325.2 million for the prior year period. As a percentage of total net revenues, total net revenues from Skincare Brands for the second quarter of 2025 were53.5% , as compared with40.9% for the prior year period. - Gross margin for the second quarter of 2025 increased to
78.3% from76.7% for the prior year period. - Net loss for the second quarter of 2025 narrowed by
77.2% toRMB19.5 million (US ) from$2.7 million RMB85.5 million for the prior year period. Non-GAAP net income[2]听for the second quarter of 2025 wasRMB11.5 million (US1.6 million), as compared with non-GAAP net loss ofRMB74.9 million for the prior year period.
Mr. Jinfeng Huang, Founder, Chairman and Chief Executive Officer of Yatsen, stated, "With the vision of becoming a world-class pioneer in beauty innovation, we remained focused in the second quarter of 2025 on executing our strategy to deliver high-quality products and build strong brand equity, fueled by our enhanced R&D capabilities. Key products including 骋补濒茅苍颈肠's Brightening Micro Mask, DR.WU's Purifying Renewal Essence Toner, and Perfect Diary's Translucent Blurring Setting Powder contributed to our continued growth momentum. Looking ahead, we are committed to the disciplined execution of our R&D-driven strategy, which we believe will further strengthen our position in the beauty industry."
Mr. Donghao Yang, Director and Chief Financial Officer of Yatsen, commented, "We delivered solid year-over-year growth in the second quarter, leveraging the tailwind of the June 18 shopping festival. Specifically, our color cosmetics brands have returned to a growth trajectory, while our skincare brands maintained strong performance. As operating leverage began to take effect, coupled with our efforts to improve efficiency in our operations and marketing spend, we remain on track to achieve profitable growth."
Second Quarter 2025 Financial Results
Net Revenues
Total net revenues for the second quarter of 2025 increased by
Gross Profit and Gross Margin
Gross profit for the second quarter of 2025 increased by
Operating Expenses
Total operating expenses for the second quarter of 2025 increased by
- Fulfillment Expenses. Fulfillment expenses for the second quarter of 2025 were
RMB63.3 million (US ), as compared with$8.8 million RMB51.2 million for the prior year period. As a percentage of total net revenues, fulfillment expenses for the second quarter of 2025 decreased to5.8% from6.4% for the prior year period. The decrease was primarily due to further improvements in logistics efficiency. - Selling and Marketing Expenses. Selling and marketing expenses for the second quarter of 2025 were
RMB722.4 million (US ), as compared with$100.8 million RMB544.7 million for the prior year period. As a percentage of total net revenues, selling and marketing expenses for the second quarter of 2025 decreased to66.5% from68.6% for the prior year period. The decrease was primarily driven by the leveraging effect of higher total net revenues in the second quarter of 2025. - General and Administrative Expenses. General and administrative expenses for the second quarter of 2025 were
RMB84.1 million (US ), as compared with$11.7 million RMB119.1 million for the prior year period. As a percentage of total net revenues, general and administrative expenses for the second quarter of 2025 decreased to7.7% from15.0% for the prior year period. The decrease was primarily driven by lower payroll expenses resulting from a reduction in general and administrative headcount, coupled with the leveraging effect of higher total net revenues in the second quarter of 2025. - Research and Development Expenses. Research and development expenses for the second quarter of 2025 were
RMB36.1 million (US ), as compared with$5.0 million RMB29.7 million for the prior year period. As a percentage of total net revenues, research and development expenses for the second quarter of 2025 decreased to3.3% from3.7% for the prior year period. The decrease was primarily driven by the leveraging effect of higher total net revenues in the second quarter of 2025.
Loss from Operations
Loss from operations for the second quarter of 2025 was
Non-GAAP loss from operations[4] for the second quarter of 2025 was
Net Loss / Income
Net loss for the second quarter of 2025 was
Non-GAAP net income for the second quarter of 2025 was
Balance Sheet and Cash Flow
As of June 30, 2025, the Company had cash, restricted cash and short-term investments of
Net cash generated from operating activities for the second quarter of 2025 was
Business Outlook
For the third quarter of 2025, the Company expects its total net revenues to be between
Exchange Rate
This announcement contains translations of certain Renminbi ("RMB") amounts into
[1] Include net revenues from听骋补濒茅苍颈肠, DR.WU (its mainland |
[2] Non-GAAP net income (loss) is a non-GAAP financial measure. Non-GAAP net income (loss) is defined as net income (loss) excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill and (v) tax effects on non-GAAP adjustments. |
[3] Include Perfect Diary, Little Ondine, Pink Bear and other color cosmetics brands of the Company. |
[4] Non-GAAP loss from operations is a non-GAAP financial measure. Non-GAAP loss from operations is defined as loss from operations excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions and (iii) impairment of goodwill. |
[5] Non-GAAP operating loss margin is a non-GAAP financial measure, which is defined as non-GAAP net loss from operations as a percentage of total net revenues. |
[6] ADS refers to American depositary shares, each of which represents twenty Class A ordinary shares. |
[7] Non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS is a non-GAAP financial measure. Non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS is defined as non-GAAP net income (loss) attributable to ordinary shareholders divided by the weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. Non-GAAP net income (loss) attributable to ordinary shareholders is defined as net income (loss) attributable to ordinary shareholders excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill, (v) tax effects on non-GAAP adjustments and (vi) accretion to redeemable non-controlling interests. |
Conference Call Information
The Company's management will hold a conference call on Thursday, August 21, 2025, at 7:30 A.M.
+1-888-346-8982 | |
International: | +1-412-902-4272 |
Mainland | 400-120-1203 |
800-905-945 | |
+852-3018-4992 |
The replay will be accessible through Thursday, August 28, by dialing the following numbers:
+1-877-344-7529 | |
International: | +1-412-317-0088 |
Replay Access Code: | 6410660 |
A live and archived webcast of the conference call will also be available on the Company's investor relations website at .
About Yatsen Holding Limited
Yatsen Holding Limited (NYSE: YSG) is a leading
For more information, please visit .
Use of Non-GAAP Financial Measures
The Company uses non-GAAP income (loss) from operations, non-GAAP operating income (loss) margin, non-GAAP net income (loss), non-GAAP net income (loss) margin, non-GAAP net income (loss) attributable to ordinary shareholders and non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS, each a non-GAAP financial measure, in reviewing and assessing its operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with
However, the non-GAAP financial measures have limitations as analytical tools as the non-GAAP financial measures are not presented in accordance with
Safe Harbor Statement
This announcement contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the
For investor and media inquiries, please contact:
Yatsen Holding Limited
Investor Relations
E-mail: [email protected]
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YATSEN HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except for share, per share data or otherwise noted) | ||||||||||||
December听31, | June 30, | June 30, | ||||||||||
2024 | 2025 | 2025 | ||||||||||
RMB'000 | RMB'000 | USD'000 | ||||||||||
Assets | ||||||||||||
Current assets | ||||||||||||
Cash and cash equivalents | 817,395 | 953,535 | 133,108 | |||||||||
Restricted cash | - | 47,048 | 6,568 | |||||||||
Short-term investments | 539,130 | 350,771 | 48,966 | |||||||||
Accounts receivable, net | 214,558 | 224,902 | 31,395 | |||||||||
Inventories, net | 386,054 | 392,323 | 54,766 | |||||||||
Prepayments and other current assets | 381,404 | 403,308 | 56,300 | |||||||||
Amounts due from related parties | 9,113 | 2,553 | 356 | |||||||||
Total current assets | 2,347,654 | 2,374,440 | 331,459 | |||||||||
Non-current assets | ||||||||||||
Investments | 664,579 | 662,961 | 92,546 | |||||||||
Property and equipment, net | 74,373 | 67,181 | 9,378 | |||||||||
Goodwill, net | 155,029 | 155,029 | 21,641 | |||||||||
Intangible assets, net | 559,708 | 579,729 | 80,927 | |||||||||
Deferred tax assets | 1,381 | 1,495 | 209 | |||||||||
Right-of-use assets, net | 147,501 | 177,681 | 24,803 | |||||||||
Other non-current assets | 20,642 | 24,744 | 3,454 | |||||||||
Total non-current assets | 1,623,213 | 1,668,820 | 232,958 | |||||||||
Total assets | 3,970,867 | 4,043,260 | 564,417 | |||||||||
Liabilities, redeemable non-controlling interests and shareholders' equity | ||||||||||||
Current liabilities | ||||||||||||
Accounts and notes payable | 72,090 | 148,184 | 20,686 | |||||||||
Advances from customers | 19,574 | 18,987 | 2,650 | |||||||||
Accrued expenses and other liabilities | 460,143 | 384,315 | 53,648 | |||||||||
Amounts due to related parties | 28,884 | 41,171 | 5,747 | |||||||||
Income tax payables | 20,088 | 17,103 | 2,387 | |||||||||
Lease liabilities due within one year | 39,409 | 48,694 | 6,797 | |||||||||
Total current liabilities | 640,188 | 658,454 | 91,915 | |||||||||
Non-current liabilities | ||||||||||||
Deferred tax liabilities | 103,306 | 108,661 | 15,168 | |||||||||
Deferred income-non current | 14,832 | 6,714 | 937 | |||||||||
Lease liabilities | 109,526 | 130,517 | 18,219 | |||||||||
Total non-current liabilities | 227,664 | 245,892 | 34,324 | |||||||||
Total liabilities | 867,852 | 904,346 | 126,239 | |||||||||
Redeemable non-controlling interests | 50,984 | 47,787 | 6,671 | |||||||||
Shareholders' equity | ||||||||||||
Ordinary Shares ( | 173 | 173 | 24 | |||||||||
Treasury shares | (1,276,330) | (1,246,804) | (174,047) | |||||||||
Additional paid-in capital | 12,273,767 | 12,279,628 | 1,714,170 | |||||||||
Statutory reserve | 28,147 | 28,147 | 3,929 | |||||||||
Accumulated deficit | (8,057,297) | (8,080,268) | (1,127,962) | |||||||||
Accumulated other comprehensive income | 86,866 | 112,454 | 15,701 | |||||||||
Total Yatsen Holding Limited shareholders' equity | 3,055,326 | 3,093,330 | 431,815 | |||||||||
Non-controlling interests | (3,295) | (2,203) | (308) | |||||||||
Total shareholders' equity | 3,052,031 | 3,091,127 | 431,507 | |||||||||
Total liabilities, redeemable non-controlling interests and shareholders' equity | 3,970,867 | 4,043,260 | 564,417 | |||||||||
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YATSEN HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (All amounts in thousands, except for share, per share data or otherwise noted) | ||||||||||||||||||||||||
For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||||||||||
2024 | 2025 | 2025 | 2024 | 2025 | 2025 | |||||||||||||||||||
RMB'000 | RMB'000 | USD'000 | RMB'000 | RMB'000 | USD'000 | |||||||||||||||||||
Total net revenues | 794,521 | 1,086,732 | 151,702 | 1,567,876 | 1,920,265 | 268,059 | ||||||||||||||||||
Total cost of revenues | (185,102) | (236,335) | (32,991) | (357,509) | (410,741) | (57,337) | ||||||||||||||||||
Gross profit | 609,419 | 850,397 | 118,711 | 1,210,367 | 1,509,524 | 210,722 | ||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||
Fulfilment expenses | (51,163) | (63,288) | (8,835) | (102,611) | (115,131) | (16,072) | ||||||||||||||||||
Selling and marketing expenses | (544,659) | (722,405) | (100,844) | (1,083,852) | (1,276,220) | (178,153) | ||||||||||||||||||
General and administrative expenses | (119,106) | (84,072) | (11,736) | (259,205) | (148,955) | (20,793) | ||||||||||||||||||
Research and development expenses | (29,678) | (36,116) | (5,042) | (57,604) | (58,753) | (8,202) | ||||||||||||||||||
Total operating expenses | (744,606) | (905,881) | (126,457) | (1,503,272) | (1,599,059) | (223,220) | ||||||||||||||||||
Loss from operations | (135,187) | (55,484) | (7,746) | (292,905) | (89,535) | (12,498) | ||||||||||||||||||
Financial income | 28,829 | 11,467 | 1,601 | 57,441 | 22,073 | 3,081 | ||||||||||||||||||
Foreign currency exchange (loss) gain | (3,462) | 5,507 | 769 | (11,095) | 16,171 | 2,257 | ||||||||||||||||||
Income from equity method investments, net | 12,724 | 877 | 122 | 16,000 | 3,382 | 472 | ||||||||||||||||||
Other income, net | 13,191 | 17,395 | 2,428 | 19,496 | 21,637 | 3,020 | ||||||||||||||||||
Loss before income tax expenses | (83,905) | (20,238) | (2,826) | (211,063) | (26,272) | (3,668) | ||||||||||||||||||
Income tax (expenses) benefits | (1,589) | 763 | 107 | 702 | 1,196 | 167 | ||||||||||||||||||
Net loss | (85,494) | (19,475) | (2,719) | (210,361) | (25,076) | (3,501) | ||||||||||||||||||
Net loss attributable to non-controlling interests and redeemable non-controlling interests | 7,220 | 1,807 | 252 | 7,488 | 2,105 | 294 | ||||||||||||||||||
Net loss attributable to Yatsen's shareholders | (78,274) | (17,668) | (2,467) | (202,873) | (22,971) | (3,207) | ||||||||||||||||||
Shares used in calculating loss per share (1): | ||||||||||||||||||||||||
Weighted average number of Class A and Class B ordinary shares: | ||||||||||||||||||||||||
听 听Basic | 2,043,644,209 | 1,854,988,850 | 1,854,988,850 | 2,092,400,120 | 1,846,275,864 | 1,861,746,795 | ||||||||||||||||||
听听听 Diluted | 2,043,644,209 | 1,854,988,850 | 1,854,988,850 | 2,092,400,120 | 1,846,275,864 | 1,861,746,795 | ||||||||||||||||||
Net loss per Class A and Class B ordinary share | ||||||||||||||||||||||||
听 听Basic | (0.04) | (0.01) | (0.00) | (0.10) | (0.01) | (0.00) | ||||||||||||||||||
听听听 Diluted | (0.04) | (0.01) | (0.00) | (0.10) | (0.01) | (0.00) | ||||||||||||||||||
Net loss per ADS (20 ordinary shares equal to 1 ADS) | ||||||||||||||||||||||||
听 听Basic | (0.77) | (0.19) | (0.03) | (1.94) | (0.25) | (0.03) | ||||||||||||||||||
听听听 Diluted | (0.77) | (0.19) | (0.03) | (1.94) | (0.25) | (0.03) | ||||||||||||||||||
For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||||||||||
2024 | 2025 | 2025 | 2024 | 2025 | 2025 | |||||||||||||||||||
Share-based compensation expenses are | RMB'000 | RMB'000 | USD'000 | RMB'000 | RMB'000 | USD'000 | ||||||||||||||||||
Fulfilment (income) expenses | (178) | 93 | 13 | (102) | 191 | 27 | ||||||||||||||||||
Selling and marketing (income) expenses | (7,246) | 1,795 | 251 | (4,590) | 2,552 | 356 | ||||||||||||||||||
General and administrative expenses | 17,128 | 20,638 | 2,881 | 48,755 | 28,369 | 3,960 | ||||||||||||||||||
Research and development (income) expenses | (1,549) | 1,429 | 199 | (231) | 1,469 | 205 | ||||||||||||||||||
Total | 8,155 | 23,955 | 3,344 | 43,832 | 32,581 | 4,548 | ||||||||||||||||||
(1)听听 Authorized share capital is re-classified and re-designated into Class A ordinary shares and Class B ordinary shares, with each Class A ordinary share being entitled to one vote and each Class B ordinary share being entitled to twenty votes on all matters that are subject to shareholder vote. | ||||||||||||||||||||||||
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YATSEN HOLDING LIMITED UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (All amounts in thousands, except for share, per share data or otherwise noted) | ||||||||||||||||||||||||
For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||||||||||
2024 | 2025 | 2025 | 2024 | 2025 | 2025 | |||||||||||||||||||
RMB'000 | RMB'000 | USD'000 | RMB'000 | RMB'000 | USD'000 | |||||||||||||||||||
Loss from operations | (135,187) | (55,484) | (7,746) | (292,905) | (89,535) | (12,498) | ||||||||||||||||||
Share-based compensation expenses | 8,155 | 23,955 | 3,344 | 43,832 | 32,581 | 4,548 | ||||||||||||||||||
Amortization of intangible assets | 15,103 | 11,147 | 1,556 | 30,159 | 21,708 | 3,030 | ||||||||||||||||||
Non-GAAP loss from operations | (111,929) | (20,382) | (2,846) | (218,914) | (35,246) | (4,920) | ||||||||||||||||||
Net loss | (85,494) | (19,475) | (2,719) | (210,361) | (25,076) | (3,501) | ||||||||||||||||||
Share-based compensation expenses | 8,155 | 23,955 | 3,344 | 43,832 | 32,581 | 4,548 | ||||||||||||||||||
Amortization of intangible assets | 15,103 | 11,147 | 1,556 | 30,159 | 21,708 | 3,030 | ||||||||||||||||||
Revaluation of investments on the | (13,632) | (3,141) | (438) | (20,671) | (9,151) | (1,277) | ||||||||||||||||||
Tax effects on non-GAAP | 983 | (991) | (138) | (1,637) | (1,424) | (199) | ||||||||||||||||||
Non-GAAP net (loss) income | (74,885) | 11,495 | 1,605 | (158,678) | 18,638 | 2,601 | ||||||||||||||||||
Net loss attributable to Yatsen's | (78,274) | (17,668) | (2,467) | (202,873) | (22,971) | (3,207) | ||||||||||||||||||
Share-based compensation expenses | 8,155 | 23,955 | 3,344 | 43,832 | 32,581 | 4,548 | ||||||||||||||||||
Amortization of intangible assets | 14,607 | 10,743 | 1,500 | 29,389 | 20,922 | 2,921 | ||||||||||||||||||
Revaluation of investments on the | (13,632) | (3,141) | (438) | (20,671) | (9,151) | (1,277) | ||||||||||||||||||
Tax effects on non-GAAP | 1,039 | (963) | (134) | (1,581) | (1,368) | (191) | ||||||||||||||||||
Non-GAAP net (loss) income | (68,105) | 12,926 | 1,805 | (151,904) | 20,013 | 2,794 | ||||||||||||||||||
Shares used in calculating loss per | ||||||||||||||||||||||||
Weighted average number of Class A | ||||||||||||||||||||||||
听 听 Basic | 2,043,644,209 | 1,854,988,850 | 1,854,988,850 | 2,092,400,120 | 1,846,275,864 | 1,861,746,795 | ||||||||||||||||||
听听听 Diluted | 2,043,644,209 | 1,998,882,473 | 1,998,882,473 | 2,092,400,120 | 1,980,640,851 | 1,995,977,934 | ||||||||||||||||||
Non-GAAP net (loss) income | ||||||||||||||||||||||||
听 听 Basic | (0.03) | 0.01 | 0.00 | (0.07) | 0.01 | 0.00 | ||||||||||||||||||
听听听 Diluted | (0.03) | 0.01 | 0.00 | (0.07) | 0.01 | 0.00 | ||||||||||||||||||
Non-GAAP net (loss) income | ||||||||||||||||||||||||
听 听 Basic | (0.67) | 0.14 | 0.02 | (1.45) | 0.22 | 0.03 | ||||||||||||||||||
听听听 Diluted | (0.67) | 0.13 | 0.02 | (1.45) | 0.20 | 0.03 | ||||||||||||||||||
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SOURCE Yatsen Holding Limited
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