Yatsen Holding(US:YSG) Prnewswire·2025-11-17 10:00Core Insights - Yatsen Holding Limited reported a significant revenue growth of 47.5% year-over-year for Q3 2025, reaching RMB998.4 million (US$140.2 million) [4][7] - The skincare brands experienced an impressive revenue increase of 83.2% year-over-year, contributing to the overall growth [4][7] - The company is focused on brand and product innovation to sustain long-term growth, with new product launches planned for the upcoming Double 11 shopping festival [3] Financial Performance - Total net revenues for Q3 2025 increased to RMB998.4 million (US$140.2 million) from RMB677.0 million in the prior year [4][7] - Gross profit rose by 51.9% to RMB780.5 million (US$109.6 million), with gross margin improving to 78.2% from 75.9% [5][7] - Operating expenses increased by 31.9% to RMB864.1 million (US$121.4 million), but as a percentage of total net revenues, they decreased to 86.5% from 96.8% [6][15] Loss and Margin Improvements - The net loss for Q3 2025 narrowed by 41.9% to RMB70.4 million (US$9.9 million) compared to RMB121.1 million in the prior year [10][11] - Non-GAAP net loss also improved, narrowing by 32.8% to RMB51.5 million (US$7.2 million) [11] - The operating loss margin improved to 8.4% from 20.9% in the prior year [9] Cash Flow and Balance Sheet - As of September 30, 2025, the company had cash, restricted cash, and short-term investments totaling RMB1.16 billion (US$162.6 million) [12] - Net cash used in operating activities for Q3 2025 was RMB126.8 million (US$17.8 million), down from RMB175.9 million in the prior year [12] Business Outlook - For Q4 2025, Yatsen expects total net revenues to be between RMB1.32 billion and RMB1.49 billion, indicating a year-over-year increase of approximately 15% to 30% [13]