Yatsen Holding Limited Sponsored ADR
YSG Consumer Defensive Household & Personal Products
Yatsen Holding Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $614.6 million, up 32.2% from fiscal 2024. In the quarter to June 2026, revenue grew 11.0%, EPS fell 366.7% and free cash flow grew 14.6%, each against the same quarter a year earlier.
Follow YSG
Yatsen Holding Limited Sponsored ADR (YSG) Altman Z-score
Yatsen Holding Limited Sponsored ADR's Altman Z-score for fiscal 2025 is 0.29, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.29 | 0.53 |
| FY2024 | −0.23 | (1.02) |
| FY2023 | 0.78 | (1.49) |
| FY2022 | 2.27 | (0.52) |
| FY2021 | 2.80 | (6.52) |
| FY2020 | 9.32 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.42 | — | 0.50 | |
| Retained earnings / total assets | (2.12) | — | −2.96 | |
| EBIT / total assets | (0.05) | — | −0.16 | |
| Market value of equity / total liabilities | 2.99 | — | 1.79 | |
| Sales / total assets | 1.12 | — | 1.12 | |
| Altman Z-score | Distress zone | 0.29 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −0.75 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| ACU Acme United Corporation. compare | 4.5× |
| NUS Nu Skin Enterprises, Inc. compare | 3.8× |
| HNST The Honest Company, Inc. compare | 2.2× |
| MAGN Magnera Corporation compare | 1.1× |
| SLSN Solesence, Inc. compare | 1.0× |
| YSG Yatsen Holding Limited Sponsored ADR | 0.3× |
| SKIN SkinHealth Systems Inc. compare | −0.4× |
| MLKMF Waldencast PLC compare | −1.0× |
| GROV Grove Collaborative Holdings, Inc. compare | −14.3× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets