Yatsen Holding Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of YSG?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	31,315	0.0333%
Institutions	11,304,541	12%
VC/PE Firms	15,997,453	17%
General Public	31,103,207	33.1%
Individual Insiders	35,567,717	37.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 65.71% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
34.3%	Jinfeng Huang	32,206,209	US$181.3m	0%	no data
11.8%	ZhenFund Inc.	11,111,580	US$62.6m	0%	64.48%
5.2%	Hillhouse Investment Management, Ltd.	4,885,873	US$27.5m	-20.1%	0.12%
3.76%	Morgan Stanley	3,535,080	US$19.9m	18.4%	no data
3.58%	Donghao Yang	3,361,508	US$18.9m	0%	no data
1.87%	Bank of America Corporation	1,754,241	US$9.9m	46,000%	no data
0.77%	Gaorong Capital	725,877	US$4.1m	-77.4%	1.65%
0.58%	Arrowstreet Capital, Limited Partnership	546,799	US$3.1m	117%	no data
0.58%	Renaissance Technologies LLC	540,707	US$3.0m	-0.06%	no data
0.48%	The Goldman Sachs Group, Inc.	453,842	US$2.6m	448%	no data
0.46%	Connor, Clark & Lunn Investment Management Ltd.	432,404	US$2.4m	103%	0.01%
0.4%	Point72 Asset Management, L.P.	378,170	US$2.1m	-59.6%	no data
0.24%	Dimensional Fund Advisors LP	224,908	US$1.3m	0%	no data
0.21%	Helios Capital Management Pte. Ltd.	200,000	US$1.1m	0%	0.78%
0.21%	Envestnet Asset Management, Inc.	199,230	US$1.1m	0%	no data
0.17%	Barclays PLC	162,820	US$916.7k	20.4%	no data
0.16%	Dorsey, Wright & Associates, LLC	147,908	US$832.7k	0%	0.18%
0.15%	Keystone Investors Pte. Ltd.	138,166	US$777.9k	31.1%	0.08%
0.14%	Diversify Wealth Management, LLC	129,705	US$730.3k	6.07%	0.04%
0.14%	GSA Capital Partners LLP	128,494	US$723.4k	142%	0.06%
0.12%	State Street Global Advisors, Inc.	109,370	US$615.8k	10.3%	no data
0.11%	AdvisorShares Investments, LLC	108,006	US$608.0k	0%	0.06%
0.11%	Citadel Advisors LLC	101,949	US$574.0k	237%	no data
0.1%	Yiheng Capital Management, L.P.	96,328	US$542.3k	0%	0.15%
0.097%	LPL Financial LLC	90,765	US$511.0k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/11 09:45
End of Day Share Price	2025/12/10 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Yatsen Holding Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Luzi Li	BofA Global Research
Zhuonan Xu	China International Capital Corporation Limited
Xiaofang Xu	Citic Securities Co., Ltd.