Yatsen Holding Working Capital to Net Assets Ratio

Latest as of March 2026: 52.9%

Yatsen Holding working capital to net assets ratio. Yatsen Holding (YSG) has a Working Capital to Net Assets ratio of 52.9% as of March 2026. Working capital of $1.54 Billion (current assets of $2.13 Billion minus current liabilities of $593.51 Million) is measured against net assets of $2.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Yatsen Holding (YSG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

52.9%
Working Capital / Net Assets

Working Capital

$1.54 Billion
USD

Current Assets

$2.13 Billion
USD

Current Liabilities

$593.51 Million
USD

Working Capital to Net Assets Ratio of Yatsen Holding (2018–2025)

Working capital to net assets ratio of Yatsen Holding from 2018 to 2025. This chart shows how Yatsen Holding's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 52.9%, reflecting working capital of $1.54 Billion against net assets of $2.91 Billion USD. See how many days can Yatsen Holding fund operations to measure how many days the company can operate on defensive assets alone.

Yatsen Holding Working Capital to Net Assets Ratio by Year (2018–2025)

Yatsen Holding working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Yatsen Holding from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Yatsen Holding.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 54.0% $1.62 Billion $3.00 Billion $2.24 Billion $615.67 Million ▼ -1.1 pp
2024 55.0% $1.71 Billion $3.10 Billion $2.35 Billion $640.19 Million ▼ -0.9 pp
2023 55.9% $2.34 Billion $4.18 Billion $2.95 Billion $611.33 Million ▼ -1.8 pp
2022 57.7% $2.92 Billion $5.06 Billion $3.51 Billion $588.41 Million ▼ -3.5 pp
2021 61.2% $3.68 Billion $6.01 Billion $4.56 Billion $877.58 Million ▼ -25.6 pp
2020 86.8% $5.96 Billion $6.86 Billion $7.09 Billion $1.13 Billion ▲ +11.5 pp
2019 75.3% $808.48 Million $1.07 Billion $1.57 Billion $763.34 Million ▼ -2.5 pp
2018 77.8% $100.69 Million $129.41 Million $287.96 Million $187.26 Million —
pp = percentage points