Core Viewpoint - Yatsen Holding Limited, a leading beauty group based in China, is set to release its unaudited financial results for Q3 2024 on November 20, 2024, before U.S. market opening [1]. Financial Results Announcement - The financial results will be discussed in a conference call scheduled for November 20, 2024, at 7:30 A.M. U.S. Eastern Time [2]. - The call can be accessed via multiple toll-free numbers for the U.S., international, Mainland China, and Hong Kong [2]. Company Overview - Yatsen Holding Limited was founded in 2016 and has launched and acquired several brands, including Perfect Diary, Little Ondine, and DR.WU [3]. - Perfect Diary is recognized as one of the leading color cosmetics brands in China based on retail sales value [3]. - The company engages with customers through both online and offline channels, maintaining a strong presence across major e-commerce and social platforms in China [3].

Group 1 - Yatsen Holding Limited (NYSE: YSG) maintains a Buy rating due to a favorable growth outlook for the Chinese beauty market [1] - The company's R&D and marketing strategies are viewed positively, contributing to the sustained Buy rating [1] - The research service Asia Value & Moat Stocks focuses on identifying value investment opportunities in Asia, particularly in the Hong Kong market [1] Group 2 - The service emphasizes deep value balance sheet bargains and wide moat stocks, targeting investments that are undervalued relative to their intrinsic value [1] - Monthly updates and watch lists are provided to assist investors in tracking potential investment opportunities [1]

Yatsen retained its MSCI ESG Rating of A in 2023, once again earning notable recognition from MSCI, a leading provider of critical decision support tools and services for the global investment community. Among other significant achievements, Yatsen outperformed industry averages in key areas, including product packaging and waste management, product carbon footprint, and chemical safety, demonstrating excellence in green and low-carbon initiatives.Mr. Jinfeng Huang, Founder, Chairman and Chief Executive Off ...

Yatsen Holding Limited (NYSE:YSG) Q2 2024 Results Conference Call August 20, 2024 7:30 AM ET Company Participants Irene Lyu - Head, Strategic Investments & Capital Markets Jinfeng Huang - Founder, Chairman & Chief Executive Officer Donghao Yang - Chief Financial Officer & Director Conference Call Participants Maggie Huang - CICC Operator Ladies and gentlemen, good day, and welcome to the Yatsen Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded. At this time, I would like to ...

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on August 20, 2024GUANGZHOU, China, Aug. 20, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2024.Second Quarter 2024 HighlightsTotal net revenues for the second quarter of 2024 decreased by 7.5% to RMB794.5 million (US$109.3 million) from RMB858.6 million for the prior year period.Total net re ...

GUANGZHOU, China, Aug. 13, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the second quarter of 2024, on Tuesday, August 20, 2024, before the open of the U.S. markets.The Company's management will hold a conference call on Tuesday, August 20, 2024 at 7:30 A.M. U.S. Eastern Time (7:30 P.M. Beijing/Hong Kong Time) to discuss the financial results. Listeners may acc ...

GUANGZHOU, China, July 10, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today provided an updated revenue outlook for the second quarter of 2024.The Company currently expects its revenue for the second quarter of 2024 to be in the range of RMB772.7 million to RMB815.6 million, representing a year-over-year decrease of approximately 5% to 10%, compared to the previously stated range of RMB858.6 million to RMB901.5 million, representi ...

Financial Data and Key Metrics Changes - Total net revenues for Q1 2024 were RMB773.4 million, a 1% increase year-over-year from RMB765.4 million [13][14] - Gross profit increased by 5.7% to RMB600.9 million, with gross margin improving to 77.7% from 74.3% [14][9] - Net loss for Q1 2024 was RMB124.9 million, compared to net income of RMB50.7 million in the prior-year period, resulting in a net loss margin of 16.1% [18][9] - Non-GAAP net loss was RMB83.8 million, with a non-GAAP net loss margin of 10.8%, compared to 3.4% in the prior-year period [18][9] Business Line Data and Key Metrics Changes - Revenues from Color Cosmetics Brands increased by 3.2% year-over-year, indicating progress in brand repositioning [8] - Skincare Brands revenues saw a slight increase of 0.1% year-over-year, while combined revenues from clinical and premium Skincare Brands rose by 6.4% [8] Market Data and Key Metrics Changes - The beauty industry in China grew moderately, with total beauty retail sales increasing by 3.3% year-over-year [6][7] - Online sales trends were mixed, with Douyin experiencing double-digit growth while Tmall sales remained flat [7] Company Strategy and Development Direction - The company aims to strengthen its market position through superior products and strong brand equity while optimizing its long-term cost structure [7] - The management is focused on sustainable growth and brand building as part of its five-year strategic transformation plan [7][10] Management Comments on Operating Environment and Future Outlook - Management noted that major online shopping festivals are becoming less influential for sales growth, but efforts will continue to maximize sales during these events [23] - For Q2 2024, the company expects total net revenues to be between RMB858.6 million and RMB901.5 million, reflecting a year-over-year increase of approximately 0% to 5% [19][20] Other Important Information - Total operating expenses increased by 31.7% to RMB758.7 million, with selling and marketing expenses rising to 69.7% of total net revenues [14][15] - R&D expenses as a percentage of revenues increased to 3.6% from 3.2% year-over-year, reflecting a commitment to enhancing research capabilities [12][17] Q&A Session Summary Question: Strategy for the June 18 Shopping Festival and target growth rates for Skincare and Color Cosmetics - Management indicated that the influence of shopping festivals is declining, making it difficult to predict performance for the upcoming festival [23] - No specific growth rate forecasts were provided for Skincare and Color Cosmetics, aside from Q2 revenue guidance [24] Question: Allocation of selling and marketing expenses between branding and online traffic acquisition - The allocation depends on the performance of new product launches, with management aiming to control and optimize selling and marketing expenses [24]

Exhibit 99.1 Yatsen Announces First Quarter 2024 Financial Results Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 22, 2024 GUANGZHOU, China, May 22, 2024 – Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Total net revenues for the first quarter of 2024 increased by 1.0% to RMB773.4 million (US$107.1 million) from RMB ...

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 22, 2024GUANGZHOU, China, May 22, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 HighlightsTotal net revenues for the first quarter of 2024 increased by 1.0% to RMB773.4 million (US$107.1 million) from RMB765.4 million for the prior year period.Total net revenues ...