Yatsen Holding Limited (YSG) Return on equity 2020–2025
Yatsen Holding Limited (YSG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-2.7%FY2025 · since FY2020: -39.2% → -2.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -2.7% | +20.5 pp |
| FY2024 | -23.2% | +105.2 pp |
| FY2023 | -128.4% | -111.1 pp |
| FY2022 | -17.3% | +9.9 pp |
| FY2021 | -27.2% | +12.0 pp |
| FY2020 | -39.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice