Yatsen Holding Limited (YSG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 |
|---|
| Cash from Operations | -94.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.13M | 26.69M | 24.47M | 3.65B | 24.37M | -624.01M | -362.1M | 0 | -34.33M |
| Operating CF Margin % | -6.96% | - | - | - | - | - | - | - | - | 3.89% | 3.01% | 3.18% | 376.97% | 2.73% | -41.02% | -18.75% | - | -3.07% |
| Operating CF Growth % | - | - | - | - | - | -100% | -100% | -100% | -100% | 15.44% | - | - | 684.87% | - | -72.33% | -954.8% | - | - |
| Net Income | -3.48M | -65.96M | -17.67M | -5.3M | -384.23M | -121.07M | -78.27M | -124.6M | -490.51M | -198.08M | -114.28M | 50.29M | -50.31M | -214.95M | 581.77M | -1.53B | -643.82M | 46.22M |
| Depreciation & Amortization | 146.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.07M | 13.34M | 12.23M | 20.42M | 12.18M | -25.69M | 106.15M | 70.49M | 30.42M |
| Stock-Based Compensation | 26.45M | 0 | 23.95M | 8.63M | 20.3M | 27.05M | 8.15M | 35.68M | 44.48M | 52.91M | 47.51M | -67.4M | -6.31B | 91.38M | -731.88M | 1.24B | 0 | 18.55M |
| Deferred Taxes | 1.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30.31M | 0 | -1.49M | -302K | 0 | -3.63M |
| Other Non-Cash Items | -59.94M | 65.96M | -6.29M | -3.32M | 363.94M | 94.02M | 70.12M | 88.92M | 446.03M | 212.14M | 127.63M | -38.06M | 16.53B | 227.14M | 502.41M | -55.52M | -627.51M | 836K |
| Working Capital Changes | -205.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.5B | 0 | -949.14M | -124.99M | 1.2B | -126.72M |
| Change in Receivables | 4.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.82B | 0 | 355.91M | -91.22M | -89.83M | -75.11M |
| Change in Inventory | -124.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3B | 0 | 49.42M | -88.91M | 0 | -70.44M |
| Change in Payables | 77.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.08B | 0 | -281.43M | 62.74M | 0 | -25.75M |
| Cash from Investing | 246.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.59B | 0 | -1.14B | -287.86M | -41.98M | -52.08M |
| Capital Expenditures | -42.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.81B | 0 | 173.15M | -191.89M | -80.62M | -42.08M |
| CapEx % of Revenue | 3.09% | - | - | - | - | - | - | - | - | - | - | - | 186.71% | - | 11.38% | 9.93% | 6.48% | 3.77% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 886.79M | 0 | -858.12M | -131.53M | 0 | 336K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.8B | 0 | -475.77M | -157.5M | 80.62M | -336K |
| Cash from Financing | -151.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46.12B | 0 | -6.08B | 4.53B | 1.53B | 19.76M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10M | 9.21M | 0 |
| Equity Issued (Net) | -105.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 661.35M | 219.24M | 2.16M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -111.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6B | 0 | 233.54M | -30.24M | -41.98M | -1.46M |
| Other Financing | -45.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46.12B | 0 | -6.08B | 3.87B | 1.3B | 17.6M |
| Net Change in Cash | 807.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -460.38M | -125.27M | 78.51M | -350.19M | -2.6B | 3.77B | 1.49B | -74.81M |
| Free Cash Flow | -138.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.13M | 26.69M | 24.47M | 5.46B | 24.37M | -450.86M | -553.99M | -80.62M | -76.4M |
| FCF Margin % | -10.18% | - | - | - | - | - | - | - | - | 3.89% | 3.01% | 3.18% | 563.68% | 2.73% | -29.64% | -28.68% | -6.48% | -6.84% |
| FCF Growth % | - | - | - | - | - | -100% | -100% | -100% | -100% | 15.44% | - | - | 1310.39% | - | 18.62% | -625.08% | - | - |
| FCF per Share | -1.37 | - | - | - | - | - | - | - | - | 0.26 | 0.24 | 0.21 | 48.81 | 0.22 | -3.57 | -4.39 | -0.60 | -0.57 |
| FCF Conversion (FCF/Net Income) | -11.90x | - | - | - | - | - | - | - | - | -0.14x | -0.23x | 0.49x | -72.55x | -0.11x | 1.32x | 0.24x | - | -0.76x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3K |
| Taxes Paid | 4.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7M |