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  • Nov 20, 2024

      Show headlines and story abstract
    • 5:00AM ET on Wednesday Nov 20, 2024 by PR Newswire
      Companies Mentioned: YSG

      Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 20, 2024

      Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the third quarter ended September 30, 2024.

    • 5:00AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: YSG
      -------------- ------------- ------------- RMB'000 RMB'000 USD'000 Loss from operations (231,500) (141,328) (20,140) Share-based compensation expenses 52,911 27,047 3,854 Amortization of intangible assets resulting from assets and business acquisitions 13,956 15,779 2,248 ------------- ------------- ------------- Non-GAAP loss from operations (164,633) (98,502) (14,038) ------------- ------------- ------------- Net loss (197,910) (121,056) (17,252) Share-based compensation expenses 52,911 27,047 3,854 Amortization of intangible assets resulting from assets and business acquisitions 13,956 15,779 2,248 Revaluation of investments on the share of equity method investments 3,227 3,266 465 Tax effects on non-GAAP adjustments (2,430) (1,586) (226) ------------- ------------- ------------- Non-GAAP net loss (130,246) (76,550) (10,911) ------------- ------------- ------------- Net loss attributable to Yatsen's shareholders (196,539) (121,067) (17,254) Share-based compensation expenses 52,911 27,047 3,854 Amortization of intangible assets resulting from assets and business acquisitions 13,701 15,385 2,192 Revaluation of investments on the share of equity method investments 3,227 3,266 465 Tax effects on non-GAAP adjustments (2,430) (1,559) (222) Non-GAAP net loss attributable to Yatsen's shareholders (129,130) (76,928) (10,965) ------------- ------------- ------------- Shares used in calculating loss per share: Weighted average number of Class A and Class B ordinary shares: Basic 2,173,360,208 1,986,538,509 1,986,538,509 Diluted 2,173,360,208 1,986,538,509 1,986,538,509 Non-GAAP net loss attributable to ordinary shareholders per Class A and Class B ordinary share Basic (0.06) (0.04) (0.01) Diluted (0.06) (0.04) (0.01) Non-GAAP net loss attributable to ordinary shareholders per ADS (20 ordinary shares equal to 1 ADS) (1) Basic (1.19) (0.77) (0.11) Diluted (1.19) (0.77) (0.11) (1) Effective from March 18, 2024, the Company changed its ADS to Class A Ordinary Share ratio from one ADS representing four ordinary shares to one ADS representing twenty ordinary shares. The historical and present income (loss) per ADS have been adjusted retroactively for all periods presented to reflect this change.
    • 5:00AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: YSG
  • Nov 13, 2024

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