8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in CNY as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 3.9% per year over the past 5 years.
Operating margin has expanded, at -4.3% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 5.6 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
CN¥4.3B
-CN¥81M
78.2%
-4.3%
-2.7%
-2.1%
-CN¥137M
—
CN¥765M
2024
CN¥3.4B
-CN¥708M
77.1%
-24.3%
-23.2%
-17.8%
-CN¥296M
—
CN¥817M
2023
CN¥3.4B
-CN¥748M
73.6%
-26.7%
-18.1%
-14.9%
-CN¥151M
—
CN¥837M
2022
CN¥3.7B
-CN¥815M
68.0%
-25.1%
-17.3%
-13.9%
CN¥85M
—
CN¥1.5B
2021
CN¥5.8B
-CN¥1.5B
66.8%
-27.8%
-27.2%
-21.2%
-CN¥1.2B
—
CN¥3.1B
2020
CN¥5.2B
-CN¥2.7B
64.3%
-51.3%
-39.2%
-32.4%
-CN¥1.2B
—
CN¥5.7B
2019
CN¥3.0B
CN¥75M
63.6%
4.7%
-135.1%
3.7%
-CN¥113M
—
CN¥677M
2018
CN¥635M
-CN¥40M
63.5%
-5.2%
—
—
-CN¥100M
—
—
Frequently asked questions
Is YSG growing its revenue and profit?
Over the past 5 years, Yatsen Holding Ltd's revenue has declined 3.9% per year. These are computed facts, not advice.
How much debt does YSG have?
As of FY2025, Yatsen Holding Ltd reported — of total debt against CN¥765M of cash.
What is YSG's profit margin?
In FY2025, gross margin was 78.2%, operating margin -4.3%, and net margin -1.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.