Yatsen Holding
Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products in the People's Republic of China. It operates through three segments: Color Cosmetics Brands, Skincare Brands, and others. The company offers colored cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cle… Read more
Yatsen Holding (YSG) - Net Assets
Latest net assets as of September 2025: $3.01 Billion USD
Based on the latest financial reports, Yatsen Holding (YSG) has net assets worth $3.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.02 Billion) and total liabilities ($1.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.01 Billion |
| % of Total Assets | 74.94% |
| Annual Growth Rate | 69.79% |
| 5-Year Change | -54.79% |
| 10-Year Change | N/A |
| Growth Volatility | 312.46 |
Yatsen Holding - Net Assets Trend (2018–2024)
This chart illustrates how Yatsen Holding's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yatsen Holding (2018–2024)
The table below shows the annual net assets of Yatsen Holding from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.10 Billion | -25.85% |
| 2023-12-31 | $4.18 Billion | -17.34% |
| 2022-12-31 | $5.06 Billion | -15.73% |
| 2021-12-31 | $6.01 Billion | -12.47% |
| 2020-12-31 | $6.86 Billion | +538.96% |
| 2019-12-31 | $1.07 Billion | +730.05% |
| 2018-12-31 | $129.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yatsen Holding's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 796916800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $173.00K | 0.01% |
| Other Comprehensive Income | $86.87 Million | 2.84% |
| Other Components | $11.00 Billion | 359.94% |
| Total Equity | $3.06 Billion | 100.00% |
Yatsen Holding Competitors by Market Cap
The table below lists competitors of Yatsen Holding ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mid Penn Bancorp
NASDAQ:MPB
|
$623.38 Million |
|
KBC Corporation Ltd
SHG:688598
|
$623.40 Million |
|
Arvind Limited
NSE:ARVIND
|
$623.55 Million |
|
Ticon Freehold and Leasehold Real Estate Investment Trust
BK:FTREIT
|
$623.59 Million |
|
Odine Solutions Teknoloji As
IS:ODINE
|
$623.11 Million |
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
$622.98 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
$622.94 Million |
|
Zhejiang Yatai Pharmaceutical Co Ltd
SHE:002370
|
$622.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yatsen Holding's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,135,037,000 to 3,055,326,000, a change of -1,079,711,000 (-26.1%).
- Net loss of 718,209,167 reduced equity.
- Share repurchases of 405,792,000 reduced equity.
- Other comprehensive income increased equity by 2,489,000.
- Other factors increased equity by 41,801,167.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-718.21 Million | -23.51% |
| Share Repurchases | $405.79 Million | -13.28% |
| Other Comprehensive Income | $2.49 Million | +0.08% |
| Other Changes | $41.80 Million | +1.37% |
| Total Change | $- | -26.11% |
Book Value vs Market Value Analysis
This analysis compares Yatsen Holding's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.13x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.04x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.96 | $3.88 | x |
| 2019-12-31 | $7.97 | $3.88 | x |
| 2020-12-31 | $54.21 | $3.88 | x |
| 2021-12-31 | $44.79 | $3.88 | x |
| 2022-12-31 | $42.01 | $3.88 | x |
| 2023-12-31 | $37.66 | $3.88 | x |
| 2024-12-31 | $30.17 | $3.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yatsen Holding utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.87%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.30x
- Recent ROE (-23.51%) is below the historical average (-21.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -31.00% | -6.32% | 1.94x | 2.54x | $-53.07 Million |
| 2019 | 7.02% | 2.49% | 1.51x | 1.87x | $-32.06 Million |
| 2020 | -39.25% | -51.36% | 0.63x | 1.21x | $-3.37 Billion |
| 2021 | -26.87% | -26.38% | 0.79x | 1.28x | $-2.09 Billion |
| 2022 | -17.58% | -22.00% | 0.64x | 1.24x | $-1.30 Billion |
| 2023 | -18.01% | -21.81% | 0.68x | 1.21x | $-1.16 Billion |
| 2024 | -23.51% | -20.87% | 0.87x | 1.30x | $-1.02 Billion |
Industry Comparison
This section compares Yatsen Holding's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,833,853,398
- Average return on equity (ROE) among peers: 27.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yatsen Holding (YSG) | $3.01 Billion | -31.00% | 0.33x | $623.15 Million |
| Acme United Corporation (ACU) | $19.90 Million | 2.51% | 0.55x | $132.86 Million |
| Beiersdorf Aktiengesellschaft (BDRFF) | $3.02 Billion | 8.59% | 0.75x | $11.93 Billion |
| Science to Consumers Inc (BEUT) | $-3.05K | 0.00% | 0.00x | $1.09K |
| Société BIC SA (BICEY) | $1.70 Billion | 16.88% | 0.41x | $566.61 Million |
| Blue Moon Group Holdings Limited (BLUMY) | $12.35 Billion | 8.22% | 0.18x | $1.01 Billion |
| Bemax Inc (BMXC) | $-244.86K | 0.00% | 0.00x | $3.63K |
| Bruush Oral Care Inc. (BRSHF) | $-216.93K | 0.00% | 0.00x | $335.48 |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $-578.18K | 0.00% | 0.00x | $11.97 Million |
| Church & Dwight Company Inc (CHD) | $284.43 Million | 16.52% | 2.34x | $22.97 Billion |
| Colgate-Palmolive Company (CL) | $971.00 Million | 223.07% | 14.49x | $67.85 Billion |