Yatsen Holding Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018
Revenue	3,423	3,415	3,706	5,840	5,233	3,031	Upgrade
Revenue Growth (YoY)	-4.41%	-7.86%	-36.54%	11.60%	72.65%	377.11%	Upgrade
Cost of Revenue	877.2	901.46	1,187	1,941	1,869	1,104	Upgrade
Gross Profit	2,546	2,513	2,519	3,899	3,364	1,928	Upgrade
Selling, General & Admin	2,911	2,732	3,051	4,947	5,555	1,461	Upgrade
Research & Development	115.45	111.7	126.88	142.09	66.51	23.18	Upgrade
Other Operating Expenses	582.59	583.06	274.96	435.39	425.05	300.12	Upgrade
Operating Expenses	3,609	3,427	3,453	5,524	6,047	1,784	Upgrade
Operating Income	-1,063.92	-913.36	-933.98	-1,625.62	-2,682.67	143.76	Upgrade
Other Expense / Income	-135.81	-162.38	-121.31	-83.96	-1.83	-3.57	Upgrade
Pretax Income	-928.11	-750.97	-812.67	-1,541.66	-2,680.84	147.34	Upgrade
Income Tax	-5.69	-3.21	2.71	-0.92	6.97	71.98	Upgrade
Net Income	-922.42	-747.76	-815.37	-1,540.73	-2,687.81	75.36	Upgrade
Preferred Dividends	0	0	0	0	1,296	120.44	Upgrade
Net Income Common	-922.42	-747.76	-815.37	-1,540.73	-3,984.24	-45.08	Upgrade
Shares Outstanding (Basic)	2,141	2,196	2,373	2,527	834	450	Upgrade
Shares Outstanding (Diluted)	2,141	2,196	2,373	2,527	834	450	Upgrade
Shares Change	-9.78%	-7.46%	-6.10%	203.08%	85.06%	66.08%	Upgrade
EPS (Basic)	-8.40	-6.80	-6.80	-12.20	-95.60	-2.00	Upgrade
EPS (Diluted)	-8.40	-6.80	-6.80	-12.20	-95.60	-2.00	Upgrade
Free Cash Flow	-	-149.14	89.53	-1,161.87	-1,208.47	-112.52	Upgrade
Free Cash Flow Per Share	-	-1.36	0.76	-9.20	-28.99	-5.00	Upgrade
Gross Margin	74.37%	73.60%	67.96%	66.76%	64.28%	63.59%	Upgrade
Operating Margin	-31.08%	-26.75%	-25.20%	-27.84%	-51.26%	4.74%	Upgrade
Profit Margin	-26.95%	-21.90%	-22.00%	-26.38%	-76.13%	-1.49%	Upgrade
Free Cash Flow Margin	-	-4.37%	2.42%	-19.90%	-23.09%	-3.71%	Upgrade
Effective Tax Rate	-	-	-	-	-	48.85%	Upgrade
EBITDA	-	-547.57	-473.4	-1,114.39	-2,416.97	215	Upgrade
EBITDA Margin	-	-16.04%	-12.77%	-19.08%	-46.19%	7.09%	Upgrade
Depreciation & Amortization	-	203.41	339.26	427.26	263.87	67.67	Upgrade
EBIT	-928.11	-750.97	-812.67	-1,541.66	-2,680.84	147.34	Upgrade
EBIT Margin	-27.12%	-21.99%	-21.93%	-26.40%	-51.23%	4.86%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).