Rio Tinto Expands Lithium Push With $900 Million Maricunga Deal
"We are honoured to be chosen as Codelco's partner to deliver a world-class project using direct lithium extraction technology in the Salar de Maricunga," Rio Tinto's CEO Jakob Stausholm said Monday.
"Codelco is a strategic partner for Rio Tinto in Chile... we aim to bring significant investment and long-term benefits to the Atacama region as we advance Maricunga and Nuevo Cobre together."
The Salar de Maricunga, located in Chile's Atacama region, is one of the world's highest-grade undeveloped lithium brine resources and holds the potential for scalable, long-life, low-cost production. The joint venture plans to use direct lithium extraction technology to boost efficiency and reduce environmental impact, particularly regarding water usage, a critical issue in the arid zone like Northern Chile.
As part of the deal, Rio Tinto will make an initial $350 million investment to support feasibility studies and resource evaluations needed for a final investment decision. If the project proceeds to construction, another $500 million will be injected, and a $50 million bonus payment will be made if lithium production begins by the end of 2030.
Codelco Chairman Máximo Pacheco noted the deal's strategic importance for Chile's energy future.
"This project continues our lithium diversification strategy, which is essential for the energy transition, with a world-class partner in Rio Tinto that represents the most attractive option for Codelco and the country," he said.
The investment marks Rio Tinto's latest expansion into South American lithium after acquiring Arcadium Lithium for $6.7 billion last year. The new partnership in Chile deepens Rio's regional presence and strengthens its role as a global lithium player.
While Rio's lithium ambitions are growing, market conditions remain subdued, prompting sector leaders like Albemarle to pause the $1.3 billion US plant project. In Q1 2025, lithium prices hit four-year lows, driven by global oversupply and weaker-than-expected electric vehicle demand.
"We're expecting this year for the market to remain in surplus," Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, said per INN.
Webb noted that current price levels, around $10,400 per metric ton, are unsustainable, with about a third of global producers operating at a loss. However, from 2026 onward, the market is forecast to tip into deficit. Long-term projections suggest a 12–15% compound annual growth rate for lithium demand, with prices expected to rebound to support new supply development, ultimately driven by expanding EV and energy storage sectors.
Price Action: RIO share traded lower by 0.43% to $62.12 premarket at the last check Tuesday.
Read Next:Photo by Juan Roballo via Shutterstock
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This article Rio Tinto Expands Lithium Push With $900 Million Maricunga Deal originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Yatsen Announces Second Quarter 2025 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on August 21, 2025 GUANGZHOU, China, Aug. 21, 2025 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Total net revenues for the second quarter of 2025 increased by 36.8% to RMB1.09 billion (US$151.7 million) from RMB794.5 million for the prior year period. Total net revenues from Skincare Brands[1] for the second quarter of 2025 increased by 78.7% to RMB581.3 million (US$81.1 million) from RMB325.2 million for the prior year period. As a percentage of total net revenues, total net revenues from Skincare Brands for the second quarter of 2025 were 53.5%, as compared with 40.9% for the prior year period. Gross margin for the second quarter of 2025 increased to 78.3% from 76.7% for the prior year period. Net loss for the second quarter of 2025 narrowed by 77.2% to RMB19.5 million (US$2.7 million) from RMB85.5 million for the prior year period. Non-GAAP net income[2] for the second quarter of 2025 was RMB11.5 million (US1.6 million), as compared with non-GAAP net loss of RMB74.9 million for the prior year period. Mr. Jinfeng Huang, Founder, Chairman and Chief Executive Officer of Yatsen, stated, "With the vision of becoming a world-class pioneer in beauty innovation, we remained focused in the second quarter of 2025 on executing our strategy to deliver high-quality products and build strong brand equity, fueled by our enhanced R&D capabilities. Key products including Galénic's Brightening Micro Mask, Purifying Renewal Essence Toner, and Perfect Diary's Translucent Blurring Setting Powder contributed to our continued growth momentum. Looking ahead, we are committed to the disciplined execution of our R&D-driven strategy, which we believe will further strengthen our position in the beauty industry." Mr. Donghao Yang, Director and Chief Financial Officer of Yatsen, commented, "We delivered solid year-over-year growth in the second quarter, leveraging the tailwind of the June 18 shopping festival. Specifically, our color cosmetics brands have returned to a growth trajectory, while our skincare brands maintained strong performance. As operating leverage began to take effect, coupled with our efforts to improve efficiency in our operations and marketing spend, we remain on track to achieve profitable growth." Second Quarter 2025 Financial Results Net Revenues Total net revenues for the second quarter of 2025 increased by 36.8% to RMB1.09 billion (US$151.7 million) from RMB794.5 million for the prior year period. The increase was primarily due to a 78.7% year-over-year increase in net revenues from Skincare Brands, combined with an 8.8% year-over-year increase in net revenues from Color Cosmetics Brands.[3] Gross Profit and Gross Margin Gross profit for the second quarter of 2025 increased by 39.5% to RMB850.4 million (US$118.7 million) from RMB609.4 million for the prior year period. Gross margin for the second quarter of 2025 increased to 78.3% from 76.7% for the prior year period. The increase was primarily driven by an increase in sales of higher-gross-margin products. Operating Expenses Total operating expenses for the second quarter of 2025 increased by 21.7% to RMB905.9 million (US$126.5 million) from RMB744.6 million for the prior year period. As a percentage of total net revenues, total operating expenses for the second quarter of 2025 were 83.4%, as compared with 93.7% for the prior year period. Fulfillment Expenses. Fulfillment expenses for the second quarter of 2025 were RMB63.3 million (US$8.8 million), as compared with RMB51.2 million for the prior year period. As a percentage of total net revenues, fulfillment expenses for the second quarter of 2025 decreased to 5.8% from 6.4% for the prior year period. The decrease was primarily due to further improvements in logistics efficiency. Selling and Marketing Expenses. Selling and marketing expenses for the second quarter of 2025 were RMB722.4 million (US$100.8 million), as compared with RMB544.7 million for the prior year period. As a percentage of total net revenues, selling and marketing expenses for the second quarter of 2025 decreased to 66.5% from 68.6% for the prior year period. The decrease was primarily driven by the leveraging effect of higher total net revenues in the second quarter of 2025. General and Administrative Expenses. General and administrative expenses for the second quarter of 2025 were RMB84.1 million (US$11.7 million), as compared with RMB119.1 million for the prior year period. As a percentage of total net revenues, general and administrative expenses for the second quarter of 2025 decreased to 7.7% from 15.0% for the prior year period. The decrease was primarily driven by lower payroll expenses resulting from a reduction in general and administrative headcount, coupled with the leveraging effect of higher total net revenues in the second quarter of 2025. Research and Development Expenses. Research and development expenses for the second quarter of 2025 were RMB36.1 million (US$5.0 million), as compared with RMB29.7 million for the prior year period. As a percentage of total net revenues, research and development expenses for the second quarter of 2025 decreased to 3.3% from 3.7% for the prior year period. The decrease was primarily driven by the leveraging effect of higher total net revenues in the second quarter of 2025. Loss from Operations Loss from operations for the second quarter of 2025 was RMB55.5 million (US$7.7 million), as compared with RMB135.2 million for the prior year period. Operating loss margin was 5.1%, as compared with 17.0% for the prior year period. Non-GAAP loss from operations[4] for the second quarter of 2025 was RMB20.4 million (US$2.8 million), as compared with RMB111.9 million for the prior year period. Non-GAAP operating loss margin[5] was 1.9%, as compared with 14.1% for the prior year period. Net Loss / Income Net loss for the second quarter of 2025 was RMB19.5 million (US$2.7 million), as compared with RMB85.5 million for the prior year period. Net loss margin was 1.8%, as compared with 10.8% for the prior year period. Net loss attributable to Yatsen's ordinary shareholders per diluted ADS[6] for the second quarter of 2025 was RMB0.19 (US$0.03), as compared with RMB0.77 for the prior year period. Non-GAAP net income for the second quarter of 2025 was RMB11.5 million (US$1.6 million), as compared with non-GAAP net loss of RMB74.9 million for the prior year period. Non-GAAP net income margin was 1.1%, as compared with non-GAAP net loss margin of 9.4% for the prior year period. Non-GAAP net income attributable to Yatsen's ordinary shareholders per diluted ADS[7] for the second quarter of 2025 was RMB0.13 (US$0.02), as compared with non-GAAP net loss attributable to Yatsen's ordinary shareholders per diluted ADS of RMB0.67 for the prior year period. Balance Sheet and Cash Flow As of June 30, 2025, the Company had cash, restricted cash and short-term investments of RMB1.35 billion (US$188.6 million), as compared with RMB1.36 billion as of December 31, 2024. Net cash generated from operating activities for the second quarter of 2025 was RMB77.7 million (US$10.8 million), as compared with net cash used in operating activities of RMB148.2 million for the prior year period. Business Outlook For the third quarter of 2025, the Company expects its total net revenues to be between RMB778.6 million and RMB880.1 million, representing a year-over-year increase of approximately 15% to 30%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to change. Exchange Rate This announcement contains translations of certain Renminbi ("RMB") amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ were made at a rate of RMB7.1636 to US$1.00, the exchange rate in effect as of June 30, 2025, as set forth in the H.10 statistical release of The Board of Governors of the Federal Reserve System. The Company makes no representation that any RMB or US$ amounts could have been, or could be, converted into US$ or RMB, as the case may be, at any particular rate, or at all. [1] Include net revenues from Galénic, (its mainland China business), Eve Lom and other skincare brands of the Company. [2] Non-GAAP net income (loss) is a non-GAAP financial measure. Non-GAAP net income (loss) is defined as net income (loss) excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill and (v) tax effects on non-GAAP adjustments. [3] Include Perfect Diary, Little Ondine, Pink Bear and other color cosmetics brands of the Company. [4] Non-GAAP loss from operations is a non-GAAP financial measure. Non-GAAP loss from operations is defined as loss from operations excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions and (iii) impairment of goodwill. [5] Non-GAAP operating loss margin is a non-GAAP financial measure, which is defined as non-GAAP net loss from operations as a percentage of total net revenues. [6] ADS refers to American depositary shares, each of which represents twenty Class A ordinary shares. [7] Non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS is a non-GAAP financial measure. Non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS is defined as non-GAAP net income (loss) attributable to ordinary shareholders divided by the weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. Non-GAAP net income (loss) attributable to ordinary shareholders is defined as net income (loss) attributable to ordinary shareholders excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill, (v) tax effects on non-GAAP adjustments and (vi) accretion to redeemable non-controlling interests. Conference Call Information The Company's management will hold a conference call on Thursday, August 21, 2025, at 7:30 A.M. U.S. Eastern Time or 7:30 P.M. Beijing Time to discuss its financial results and operating performance for the second quarter of 2025. United States (toll free): +1-888-346-8982 International: +1-412-902-4272 Mainland China (toll free): 400-120-1203 Hong Kong, SAR (toll free): 800-905-945 Hong Kong, SAR: +852-3018-4992 The replay will be accessible through Thursday, August 28, by dialing the following numbers: United States: +1-877-344-7529 International: +1-412-317-0088 Replay Access Code: 6410660 A live and archived webcast of the conference call will also be available on the Company's investor relations website at About Yatsen Holding Limited Yatsen Holding Limited (NYSE: YSG) is a leading China-based beauty group with the mission of creating an exciting new journey of beauty discovery for consumers around the world. Founded in 2016, the Company has launched and acquired numerous color cosmetics and skincare brands including Perfect Diary, Little Ondine, Pink Bear, Galénic, (its mainland China business), Eve Lom and EANTiM. The Company's flagship brand, Perfect Diary, is one of the leading color cosmetics brands in China in terms of retail sales value. The Company primarily reaches and engages with customers directly both online and offline, with expansive presence across all major e-commerce, social and content platforms in China. For more information, please visit Use of Non-GAAP Financial Measures The Company uses non-GAAP income (loss) from operations, non-GAAP operating income (loss) margin, non-GAAP net income (loss), non-GAAP net income (loss) margin, non-GAAP net income (loss) attributable to ordinary shareholders and non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS, each a non-GAAP financial measure, in reviewing and assessing its operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company presents these non-GAAP financial measures because they are used by the management to evaluate operating performance and formulate business plans. Non-GAAP financial measures help identify underlying trends in its business, provide further information about its results of operations, and enhance the overall understanding of its past performance and future prospects. The Company defines non-GAAP income (loss) from operations as income (loss) from operations excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions and (iii) impairment of goodwill. Non-GAAP operating income (loss) margin is non-GAAP income (loss) from operations as a percentage of total net revenues. The Company defines non-GAAP net income (loss) as net income (loss) excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill and (v) tax effects on non-GAAP adjustments. Non-GAAP net income (loss) margin is non-GAAP net income (loss) as a percentage of total net revenues. The Company defines non-GAAP net income (loss) attributable to ordinary shareholders as net income (loss) attributable to ordinary shareholders excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from assets and business acquisitions, (iii) revaluation of investments on the share of equity method investments, (iv) impairment of goodwill, (v) tax effects on non-GAAP adjustments and (vi) accretion to redeemable non-controlling interests. Non-GAAP net income (loss) attributable to ordinary shareholders per diluted ADS is computed using non-GAAP net income (loss) attributable to ordinary shareholders divided by weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. However, the non-GAAP financial measures have limitations as analytical tools as the non-GAAP financial measures are not presented in accordance with U.S. GAAP and may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. Reconciliations of Yatsen's non-GAAP financial measure to the most comparable U.S. GAAP measure are included at the end of this press release. Safe Harbor Statement This announcement contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs, plans, outlook and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's growth strategies; its future business development, results of operations and financial condition; its ability to continue to roll out popular products and maintain popularity of existing products; its ability to anticipate and respond to changes in industry trends and consumer preferences and behavior in a timely manner; its ability to attract and retain new customers and to increase revenues generated from repeat customers; its expectations regarding demand for and market acceptance of its products and services; its ability to integrate newly-acquired businesses and brands; trends and competition in and relevant government policies and regulations relating to China's beauty market; changes in its revenues and certain cost or expense items; and general economic conditions globally and in China. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Yatsen Holding LimitedInvestor RelationsE-mail: ir@ YATSEN HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except for share, per share data or otherwise noted) December 31, June 30, June 30,2024 2025 2025RMB'000 RMB'000 USD'000AssetsCurrent assetsCash and cash equivalents 817,395953,535133,108Restricted cash -47,0486,568Short-term investments 539,130350,77148,966Accounts receivable, net 214,558224,90231,395Inventories, net 386,054392,32354,766Prepayments and other current assets 381,404403,30856,300Amounts due from related parties 9,1132,553356Total current assets 2,347,6542,374,440331,459Non-current assetsInvestments 664,579662,96192,546Property and equipment, net 74,37367,1819,378Goodwill, net 155,029155,02921,641Intangible assets, net 559,708579,72980,927Deferred tax assets 1,3811,495209Right-of-use assets, net 147,501177,68124,803Other non-current assets 20,64224,7443,454Total non-current assets 1,623,2131,668,820232,958Total assets 3,970,8674,043,260564,417Liabilities, redeemable non-controlling interests and shareholders' equityCurrent liabilitiesAccounts and notes payable 72,090148,18420,686Advances from customers 19,57418,9872,650Accrued expenses and other liabilities 460,143384,31553,648Amounts due to related parties 28,88441,1715,747Income tax payables 20,08817,1032,387Lease liabilities due within one year 39,40948,6946,797Total current liabilities 640,188658,45491,915Non-current liabilitiesDeferred tax liabilities 103,306108,66115,168Deferred income-non current 14,8326,714937Lease liabilities 109,526130,51718,219Total non-current liabilities 227,664245,89234,324Total liabilities 867,852904,346126,239Redeemable non-controlling interests 50,98447,7876,671Shareholders' equityOrdinary Shares (US$0.00001 par value; 10,000,000,000 ordinary shares authorized, comprising of 6,000,000,000 Class A ordinary shares, 960,852,606 Class B ordinary shares and 3,039,147,394 shares each of such classes to be designated as of December 31, 2024 and June 30, 2025; 2,096,600,883 Class A shares and 600,572,880 Class B ordinary sharesissued as of December 31, 2024 and June 30, 2025; 1,234,627,468 Class A ordinary shares and 600,572,880 Class B ordinary shares outstanding as of December 31, 2024,1,276,392,603 Class A ordinary shares and 600,572,880 Class B ordinary sharesoutstanding as of June 30, 2025) 17317324Treasury shares (1,276,330)(1,246,804)(174,047)Additional paid-in capital 12,273,76712,279,6281,714,170Statutory reserve 28,14728,1473,929Accumulated deficit (8,057,297)(8,080,268)(1,127,962)Accumulated other comprehensive income 86,866112,45415,701Total Yatsen Holding Limited shareholders' equity 3,055,3263,093,330431,815Non-controlling interests (3,295)(2,203)(308)Total shareholders' equity 3,052,0313,091,127431,507Total liabilities, redeemable non-controlling interests and shareholders' equity 3,970,8674,043,260564,417 YATSEN HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (All amounts in thousands, except for share, per share data or otherwise noted) For the Three Months Ended June 30, For the Six Months Ended June 30,2024 2025 2025 2024 2025 2025RMB'000 RMB'000 USD'000 RMB'000 RMB'000 USD'000Total net revenues 794,5211,086,732151,7021,567,8761,920,265268,059Total cost of revenues (185,102)(236,335)(32,991)(357,509)(410,741)(57,337)Gross profit 609,419850,397118,7111,210,3671,509,524210,722Operating expenses: Fulfilment expenses (51,163)(63,288)(8,835)(102,611)(115,131)(16,072)Selling and marketing expenses (544,659)(722,405)(100,844)(1,083,852)(1,276,220)(178,153)General and administrative expenses (119,106)(84,072)(11,736)(259,205)(148,955)(20,793)Research and development expenses (29,678)(36,116)(5,042)(57,604)(58,753)(8,202)Total operating expenses (744,606)(905,881)(126,457)(1,503,272)(1,599,059)(223,220)Loss from operations (135,187)(55,484)(7,746)(292,905)(89,535)(12,498)Financial income 28,82911,4671,60157,44122,0733,081Foreign currency exchange (loss) gain (3,462)5,507769(11,095)16,1712,257Income from equity method investments, net 12,72487712216,0003,382472Other income, net 13,19117,3952,42819,49621,6373,020Loss before income tax expenses (83,905)(20,238)(2,826)(211,063)(26,272)(3,668)Income tax (expenses) benefits (1,589)7631077021,196167Net loss (85,494)(19,475)(2,719)(210,361)(25,076)(3,501)Net loss attributable to non-controlling interests and redeemable non-controlling interests 7,2201,8072527,4882,105294Net loss attributable to Yatsen's shareholders (78,274)(17,668)(2,467)(202,873)(22,971)(3,207)Shares used in calculating loss per share (1): Weighted average number of Class A and Class B ordinary shares: Basic 2,043,644,2091,854,988,8501,854,988,8502,092,400,1201,846,275,8641,861,746,795 Diluted 2,043,644,2091,854,988,8501,854,988,8502,092,400,1201,846,275,8641,861,746,795Net loss per Class A and Class B ordinary share Basic (0.04)(0.01)(0.00)(0.10)(0.01)(0.00) Diluted (0.04)(0.01)(0.00)(0.10)(0.01)(0.00)Net loss per ADS (20 ordinary shares equal to 1 ADS) Basic (0.77)(0.19)(0.03)(1.94)(0.25)(0.03) Diluted (0.77)(0.19)(0.03)(1.94)(0.25)(0.03)For the Three Months Ended June 30, For the Six Months Ended June 30,2024 2025 2025 2024 2025 2025Share-based compensation expenses areincluded in the operating expenses as follows:RMB'000 RMB'000 USD'000 RMB'000 RMB'000 USD'000Fulfilment (income) expenses (178)9313(102)19127Selling and marketing (income) expenses (7,246)1,795251(4,590)2,552356General and administrative expenses 17,12820,6382,88148,75528,3693,960Research and development (income) expenses (1,549)1,429199(231)1,469205Total 8,15523,9553,34443,83232,5814,548(1) Authorized share capital is re-classified and re-designated into Class A ordinary shares and Class B ordinary shares, with each Class A ordinary share being entitled to one vote and each Class B ordinary share being entitled to twenty votes on all matters that are subject to shareholder vote. YATSEN HOLDING LIMITED UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (All amounts in thousands, except for share, per share data or otherwise noted) For the Three Months Ended June 30, For the Six Months Ended June 30,2024 2025 2025 2024 2025 2025RMB'000 RMB'000 USD'000 RMB'000 RMB'000 USD'000Loss from operations (135,187)(55,484)(7,746)(292,905)(89,535)(12,498)Share-based compensation expenses 8,15523,9553,34443,83232,5814,548Amortization of intangible assetsresulting from assets and businessacquisitions 15,10311,1471,55630,15921,7083,030Non-GAAP loss from operations (111,929)(20,382)(2,846)(218,914)(35,246)(4,920)Net loss (85,494)(19,475)(2,719)(210,361)(25,076)(3,501)Share-based compensation expenses 8,15523,9553,34443,83232,5814,548Amortization of intangible assets resulting from assets and business acquisitions 15,10311,1471,55630,15921,7083,030Revaluation of investments on the share of equity method investments (13,632)(3,141)(438)(20,671)(9,151)(1,277)Tax effects on non-GAAP adjustments 983(991)(138)(1,637)(1,424)(199)Non-GAAP net (loss) income (74,885)11,4951,605(158,678)18,6382,601Net loss attributable to Yatsen's shareholders (78,274)(17,668)(2,467)(202,873)(22,971)(3,207)Share-based compensation expenses 8,15523,9553,34443,83232,5814,548Amortization of intangible assetsresulting from assets and business acquisitions 14,60710,7431,50029,38920,9222,921Revaluation of investments on the share of equity method investments (13,632)(3,141)(438)(20,671)(9,151)(1,277)Tax effects on non-GAAPadjustments 1,039(963)(134)(1,581)(1,368)(191)Non-GAAP net (loss) incomeattributable to Yatsen's shareholders (68,105)12,9261,805(151,904)20,0132,794Shares used in calculating loss per share: Weighted average number of Class A and Class B ordinary shares: Basic 2,043,644,2091,854,988,8501,854,988,8502,092,400,1201,846,275,8641,861,746,795 Diluted 2,043,644,2091,998,882,4731,998,882,4732,092,400,1201,980,640,8511,995,977,934Non-GAAP net (loss) income attributable to ordinaryshareholders per Class A and Class B ordinary share Basic (0.03)0.010.00(0.07)0.010.00 Diluted (0.03)0.010.00(0.07)0.010.00Non-GAAP net (loss) incomeattributable to ordinaryshareholders per ADS (20ordinary shares equal to 1 ADS) Basic (0.67)0.140.02(1.45)0.220.03 Diluted (0.67)0.130.02(1.45)0.200.03 View original content: SOURCE Yatsen Holding Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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- Yahoo
2 Growth Stocks Set to Flourishand 1 Facing Challenges
Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle. Deciphering which businesses can sustain their high growth rates is a challenge for even the most seasoned professionals, which is why we started StockStory. Keeping that in mind, here are two growth stocks where the best is yet to come and one whose momentum may slow. One Growth Stock to Sell: P10 (PX) One-Year Revenue Growth: +18.9% Operating as a bridge between institutional investors and hard-to-access private market opportunities, P10 (NYSE:PX) is an alternative asset management firm that provides access to private equity, venture capital, impact investing, and private credit opportunities in the middle and lower middle markets. Why Are We Cautious About PX? Underwhelming 6% return on equity reflects management's difficulties in finding profitable growth opportunities P10 is trading at $12.40 per share, or 13.1x forward P/E. To fully understand why you should be careful with PX, check out our full research report (it's free). Two Growth Stocks to Buy: Broadcom (AVGO) One-Year Revenue Growth: +33.9% Originally the semiconductor division of Hewlett Packard, Broadcom (NASDAQ:AVGO) is a semiconductor conglomerate spanning wireless communications, networking, and data storage as well as infrastructure software focused on mainframes and cybersecurity. Why Should You Buy AVGO? Annual revenue growth of 27.6% over the last two years was superb and indicates its market share increased during this cycle Offerings are mission-critical for businesses and result in a best-in-class gross margin of 75.8% Strong free cash flow margin of 41.3% enables it to reinvest or return capital consistently At $291.56 per share, Broadcom trades at 40.2x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Oxford Lane Capital (OXLC) One-Year Revenue Growth: +40.3% Offering monthly dividend payments to income-focused investors, Oxford Lane Capital (NASDAQ:OXLC) is a closed-end management investment company that primarily invests in collateralized loan obligation (CLO) equity and debt securities. Why Is OXLC a Good Business? Annual revenue growth of 28.1% over the last two years was superb and indicates its market share increased during this cycle Stellar return on equity showcases management's ability to surface highly profitable business ventures Oxford Lane Capital's stock price of $3.43 implies a valuation ratio of 3.6x trailing 12-month price-to-sales. Is now the right time to buy? Find out in our full research report, it's free. Stocks We Like Even More When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Bloomberg
2 hours ago
- Bloomberg
Dutch Insurer Aegon Explores Shifting Headquarters to the US
Dutch insurer Aegon Ltd. said it is looking at potentially shifting its head office and legal domicile to the US, it's biggest market. The Netherlands-based firm said its US business makes up about 70% of its total operations and is central to the firm's long-term growth, according to a statement Thursday. The switch would also make the New York Stock Exchange a primary venue for its shares alongside its Amsterdam listing, it said.
