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YATSEN HOLDING’S THIRD-QUARTER REVENUE WAS 718.1 MILLION YUAN, DOWN 16.3% YEAR-ON-YEAR.

YATSEN HOLDING’S THIRD-QUARTER REVENUE WAS 718.1 MILLION YUAN, DOWN 16.3% YEAR-ON-YEAR.

Yatsen E-commerce released its financial report for the third quarter ending September 30, 2023. The data shows that Yatsen E-commerce’s total net revenue was RMB 718.1 juta, a year-on-year decrease of 16.3%. The net loss was RMB 197.9 juta, narrowing by 6.1% tahun ke tahun. Atas dasar non-GAAP, the net loss was RMB 130.2 juta, expanding by 3.0% tahun ke tahun. The gross profit was RMB 512.8 juta, a year-on-year decrease of 13.3%. The gross margin was 71.4%, dibandingkan dengan 68.9% pada periode yang sama di 2022. The total operating expenses were RMB 744.3 juta, a year-on-year decrease of 13.1%. Fulfillment expenses were RMB 56 juta, compared to RMB 63.8 juta pada periode yang sama di 2022. Sales and marketing expenses were RMB 511.7 juta, compared to RMB 564.8 juta pada periode yang sama di 2022. General and administrative expenses were RMB 151.8 juta, compared to RMB 194.5 juta pada periode yang sama di 2022. R&D expenses were RMB 24.7 juta, compared to RMB 33.9 juta pada periode yang sama di 2022. The operating loss was RMB 231.5 juta, narrowing by 12.9% tahun ke tahun. Atas dasar non-GAAP, the operating loss was RMB 164.6 juta, expanding by 1.2% tahun ke tahun.

Pendiri Yatsen E-commerce, Ketua, dan CEO, Huang Jinfeng, menyatakan: “Pada kuartal ketiga, the company’s three major skincare brands saw steady growth. Sementara itu, Merek andalan Yatsen, Buku Harian Sempurna, achieved continued brand strength enhancement through the launch of a new visual identity and major new products. We are full of confidence in the future, dan sesuai dengan panduan kinerja Q4 perusahaan, total revenue is expected to achieve year-on-year growth.”

According to the Enterprise Library of 100EC.CN, Guangzhou Yatsen E-commerce Co., Ltd. (hereinafter referred to as Yatsen E-commerce) was founded in 2016. In 2019, Yatsen E-commerce was recognized as a “Unicorn” innovative enterprise in Guangzhou, making it the only e-commerce unicorn on the list.

Apart from Yatsen E-commerce, other listed digital retail companies in China include:

1.E-niaga yang komprehensif: Alibaba, JD.com, Pinduoduo, toko vip, Suning.com, Ritel GOME, Semua Hal Baru, detik, Yunji;

2.E-niaga streaming langsung: Kuaishou, Teknologi Yaowang, Saya bisa, Seleksi Timur, Jiao Ge Peng Kamu;

3.E-commerce Makanan Segar: Dingdong Maicai, Nona segar, Klenteng;

4.E-niaga Mobil: Kamu juga, Uxin;

5.Panduan Belanja E-niaga: SMZDM (Apa yang Layak Dibeli), Fanli.com;

6.Angsuran E-niaga: Qudian, Lexin;

7.Penyedia Layanan E-niaga Ritel: Youzan, Weimob, Grup Yueshang, Teknologi Guangyun, E-niaga Baozun, Youquhui, Riasan Kecantikan Yang Indah, Ruoyuchen, Kepemilikan Qingmu;

8.E-niaga vertikal: Grup Babytree, Kutesmart, Wunong Net, Boqii Hewan Peliharaan;

9.Merek E-niaga: Grup Xiaomi, Peralatan Listrik Beruang, Dikelola, Tiga Tupai, Yujiahui, E-niaga Yatsen, Kepemilikan Rongmei, E-niaga Nanjiren.

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