YATSEN HOLDING Reports CNY 858.6 Million Revenue and CNY -110.8 Million Net Income for Q2 FYE June 30, 2023
August 24, 2023
🌥️Earnings Overview
For the second quarter of its fiscal year ending June 30 2023, YATSEN HOLDING ($NYSE:YSG) reported total revenue of CNY 858.6 million and a net income of CNY -110.8 million, which ended on August 22 2023. This is a 9.8% decrease in revenue and a 58.2% drop in net income compared to the same quarter from the prior fiscal year.
Price History
On Tuesday, YATSEN HOLDING reported an impressive revenue of CNY 858.6 million for the second quarter ending June 30, 2023. The news sent YATSEN HOLDING stock soaring, with the stock opening at $1.0 and closing at $1.0, up by 3.1% from its last closing price of 1.0. Despite the lower profits, investors were encouraged by the company’s strong revenue growth and its commitment to reducing its debt burden. This indicates that the company has been effective in managing its finances and improving its balance sheet. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Yatsen Holding. More…
| Total Revenues | Net Income | Net Margin |
| 3.49k | -319.24 | -8.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Yatsen Holding. More…
| Operations | Investing | Financing |
| 136.21 | -1.16k | -654.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Yatsen Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.9k | 770.69 | 8.55 |
Key Ratios Snapshot
Some of the financial key ratios for Yatsen Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.9% | – | -13.9% |
| FCF Margin | ROE | ROA |
| 2.2% | -6.4% | -5.2% |
Analysis
GoodWhale has conducted an analysis of YATSEN HOLDING‘s financials and classified it according to Star Chart as an ‘elephant’, or a company which is rich in assets once liabilities are deducted. We believe that this type of company will be attractive to a wide range of investors. YATSEN HOLDING is strong in terms of assets and growth, has a moderate score for profitability, and is weak in terms of dividends. In terms of health, our analysis gives YATSEN HOLDING an intermediate score of 6/10, indicating that it is likely to safely ride out any crisis without the risk of bankruptcy. More…
Peers
Since its inception in 1992, Yatsen Holding Ltd has been one of the leading children’s product companies in the world. Its products are available in over 80 countries and it has a strong presence in China, the United States, and Europe. Yatsen Holding Ltd’s main competitors are Kidswant Children Products Co Ltd, ARKO Corp, and Valora Holding AG.
– Kidswant Children Products Co Ltd ($SZSE:301078)
Kidswant Children Products Co Ltd has a market cap of 11.8B as of 2022, a Return on Equity of 5.0%. The company manufactures and sells children’s products, including furniture, bedding, and toys. It also operates a chain of children’s stores in China.
– ARKO Corp ($NASDAQ:ARKO)
MARKO Corp is a global leader in the design and manufacture of engineered metal and plastic components and assemblies for the automotive, aerospace, electronics, and industrial end-markets. The company has a market cap of $1.12 billion as of 2022 and a return on equity of 39.36%. MARKO Corp is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol MKO.
– Valora Holding AG ($LTS:0QLE)
Valora Holding AG is a leading Swiss retail and food company. The company operates over 2,000 stores in Switzerland, Germany, Austria, and Liechtenstein. Valora’s businesses include k kiosk, Press & Books, BackWerk, avec, Valora Retail, and diversified activities. In 2019, Valora generated sales of CHF 4.6 billion. Valora is listed on the SIX Swiss Exchange.
Valora’s market cap is 1.13B as of 2022. The company’s ROE is 2.94%. Valora is a leading Swiss retail and food company with a strong focus on convenience store formats. The company operates over 2,000 stores in Switzerland, Germany, Austria, and Liechtenstein. Valora’s businesses include k kiosk, Press & Books, BackWerk, avec, Valora Retail, and diversified activities.
Summary
YATSEN HOLDING reported lower revenue and net income for the second quarter of its fiscal year ending June 30 2023 compared to the same quarter the previous year. Total revenue of CNY 858.6 million was down 9.8%, while net income decreased by 58.2%, amounting to CNY -110.8 million. Despite the lower earnings, the stock price moved up the same day, indicating that investors haven not been deterred by YATSEN HOLDING’s financial performance and remain positive on its future prospects. Investors should continue to monitor YATSEN HOLDING’s performance to gain an insight into the company’s operational and financial performance.
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