Yatsen Holding Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	3,415	3,706	5,840	5,233	3,031	635.32
Revenue Growth (YoY)	-7.86%	-36.54%	11.60%	72.65%	377.11%	-
Cost of Revenue	901.46	1,187	1,941	1,869	1,104	232.07
Gross Profit	2,513	2,519	3,899	3,364	1,928	403.24
Selling, General & Admin	2,732	3,051	4,947	5,555	1,461	352.65
Research & Development	111.7	126.88	142.09	66.51	23.18	2.64
Other Operating Expenses	583.06	274.96	434.02	425.05	300.12	81.27
Operating Expenses	3,427	3,453	5,523	6,047	1,784	436.56
Operating Income	-913.36	-933.98	-1,624.24	-2,682.67	143.76	-33.31
Other Expense / Income	-162.38	-121.31	-82.59	-1.83	-3.57	2.8
Pretax Income	-750.97	-812.67	-1,541.66	-2,680.84	147.34	-36.11
Income Tax	-3.21	2.71	-0.92	6.97	71.98	4.01
Net Income	-747.76	-815.37	-1,540.73	-2,687.81	75.36	-40.12
Preferred Dividends	0	0	0	1,296	120.44	6.99
Net Income Common	-747.76	-815.37	-1,540.73	-3,984.24	-45.08	-47.11
Shares Outstanding (Basic)	2,196	2,373	2,527	834	450	271
Shares Outstanding (Diluted)	2,196	2,373	2,527	834	450	271
Shares Change	-7.46%	-6.10%	203.08%	85.06%	66.08%	-
EPS (Basic)	-6.80	-6.80	-12.20	-95.60	-2.00	-3.40
EPS (Diluted)	-6.80	-6.80	-12.20	-95.60	-2.00	-3.40
Free Cash Flow	-	89.53	-1,161.87	-1,208.47	-112.52	-100.04
Free Cash Flow Per Share	-	0.76	-9.20	-28.99	-5.00	-7.38
Gross Margin	73.60%	67.96%	66.76%	64.28%	63.59%	63.47%
Operating Margin	-26.75%	-25.20%	-27.81%	-51.26%	4.74%	-5.24%
Profit Margin	-21.90%	-22.00%	-26.38%	-76.13%	-1.49%	-7.42%
Free Cash Flow Margin	-	2.42%	-19.90%	-23.09%	-3.71%	-15.75%
Effective Tax Rate	-	-	-	-	48.85%	-
EBITDA	-	-473.4	-1,114.39	-2,416.97	215	-32
EBITDA Margin	-	-12.77%	-19.08%	-46.19%	7.09%	-5.04%
Depreciation & Amortization	-	339.26	427.26	263.87	67.67	4.12
EBIT	-750.97	-812.67	-1,541.66	-2,680.84	147.34	-36.11
EBIT Margin	-21.99%	-21.93%	-26.40%	-51.23%	4.86%	-5.68%

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