YATSEN HOLDING LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.4 USD | +3.66% |
|
-24.44% | -7.05% |
| May. 22 | Sector Update: Consumer Stocks Decline Late Afternoon | MT |
| May. 22 | Yatsen Shares Slump After Q1 Loss Widens | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 73,818 | 8,626 | 5,630 | 2,785 | 2,641 | - | - |
| Enterprise Value (EV) 1 | 68,091 | 5,488 | 3,044 | 730 | 566.6 | 24.39 | 1,053 |
| P/E ratio | -5.8 x | -5.6 x | -7.35 x | -3.82 x | -13.8 x | 11.4 x | - |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 14.1 x | 1.48 x | 1.52 x | 0.82 x | 0.7 x | 0.63 x | 0.59 x |
| EV / Revenue | 13 x | 0.94 x | 0.82 x | 0.21 x | 0.15 x | 0.01 x | 0.23 x |
| EV / EBITDA | -28.2 x | -4.58 x | -5.16 x | - | 1.97 x | 0.05 x | 1.48 x |
| EV / FCF | - | -4,622,682 x | 39,597,235 x | - | - | - | - |
| FCF Yield | - | -0% | 0% | - | - | - | - |
| Price to Book | 13.5 x | 1.47 x | 1.42 x | 0.69 x | 0.57 x | 0.54 x | 0.64 x |
| Nbr of stocks (in thousands) | 133,096 | 126,323 | 111,819 | 107,286 | 107,242 | - | - |
| Reference price 2 | 554.6 | 68.29 | 50.35 | 25.96 | 24.62 | 24.62 | 24.62 |
| Announcement Date | 3/11/21 | 3/10/22 | 3/8/23 | 3/6/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,031 | 5,233 | 5,840 | 3,706 | 3,415 | 3,778 | 4,203 | 4,490 |
| EBITDA 1 | - | -2,419 | -1,197 | -589.6 | - | 287 | 520.6 | 711 |
| EBIT 1 | - | -2,683 | -1,624 | -928.9 | -913.4 | -368 | -22.81 | 186.4 |
| Operating Margin | - | -51.26% | -27.81% | -25.06% | -26.75% | -9.74% | -0.54% | 4.15% |
| Earnings before Tax (EBT) 1 | - | -2,681 | -1,548 | -818.6 | -753.4 | -195 | 124.9 | - |
| Net income 1 | -45.08 | -3,984 | -1,541 | -815.4 | -747.8 | -192 | 260.5 | - |
| Net margin | -1.49% | -76.13% | -26.38% | -22% | -21.9% | -5.08% | 6.2% | - |
| EPS 2 | -0.5000 | -95.60 | -12.20 | -6.850 | -6.800 | -1.790 | 2.155 | - |
| Free Cash Flow | - | - | -1,187 | 76.88 | - | - | - | - |
| FCF margin | - | - | -20.33% | 2.07% | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 10/30/20 | 3/11/21 | 3/10/22 | 3/8/23 | 3/6/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,969 | 1,528 | 891 | 951.8 | 857.9 | 1,005 | 765.4 |
| EBITDA | - | -482.3 | - | -231.6 | -220.4 | 125 | - |
| EBIT 1 | - | -501.8 | -308 | -277 | -265.7 | -78.24 | -7.154 |
| Operating Margin | - | -32.84% | -34.57% | -29.1% | -30.97% | -7.78% | -0.93% |
| Earnings before Tax (EBT) 1 | - | -473.7 | -291.6 | -263.2 | -207.1 | -56.78 | 50.86 |
| Net income 1 | -707.3 | -473.2 | -290.9 | -265.9 | -206.3 | -52.25 | 50.06 |
| Net margin | -23.82% | -30.97% | -32.65% | -27.94% | -24.04% | -5.2% | 6.54% |
| EPS 2 | - | -3.750 | -2.300 | -2.150 | -1.850 | -0.4500 | 0.4000 |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 8/26/21 | 3/10/22 | 5/24/22 | 8/25/22 | 11/22/22 | 3/8/23 | 5/16/23 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 5,727 | 3,138 | 2,586 | 2,055 | 2,074 | 2,616 | 1,587 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | -1,187 | 76.9 | - | - | - | - |
| ROE (net income / shareholders' equity) | - | -23.2% | -24.6% | -15.7% | -6.59% | 0.1% | 5.46% | 6.01% |
| ROA (Net income/ Total Assets) | - | -15.3% | -19.8% | -12.4% | -5.37% | 0.1% | 5.05% | - |
| Assets 1 | - | 26,111 | 7,790 | 6,567 | 13,930 | -192,000 | 5,159 | - |
| Book Value Per Share 2 | - | 41.10 | 46.40 | 35.40 | 37.70 | 42.80 | 45.90 | 38.40 |
| Cash Flow per Share 2 | - | -5.900 | -2.020 | 0.2900 | - | 4.160 | 6.410 | - |
| Capex 1 | - | 385 | 167 | 59.3 | - | 603 | 495 | - |
| Capex / Sales | - | 7.35% | 2.86% | 1.6% | - | 15.96% | 11.78% | - |
| Announcement Date | 10/30/20 | 3/11/21 | 3/10/22 | 3/8/23 | 3/6/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
24.62
CNY
Average target price
31.57
CNY
Spread / Average Target
+28.20%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -7.05% | 365M | |
| -0.73% | 260B | |
| +18.78% | 20.41B | |
| 0.00% | 19.12B | |
| +18.02% | 12.78B | |
| -15.06% | 9.11B | |
| +27.24% | 8.31B | |
| +9.08% | 5.91B | |
| -8.58% | 4.15B | |
| -17.45% | 3.81B |
- Stock Market
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- Financials Yatsen Holding Limited
