Yatsen Holding (YSG) Debt Ratio (2020 - 2025)

Yatsen Holding's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.01 for Q4 2025.

• In Q4 2025, Debt Ratio fell 24.02% year-over-year to 0.01; the TTM figure through Dec 2025 stood at 0.01 (down 24.02% YoY), while the FY2025 annual figure was 0.01, down 26.28% from the prior year.
• Debt Ratio was 0.01 for Q4 2025 at Yatsen Holding, down from 0.01 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.01 in Q2 2025 to a low of 0.0 in Q3 2021.
• Historically, Debt Ratio has averaged 0.0 across 5 years, with a median of 0.0 in 2022.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 2083.91% in 2022, then slumped 78.01% in 2023.
• A 5-year view of Debt Ratio shows it stood at 0.0 in 2021, then soared by 141.93% to 0.0 in 2022, then tumbled by 59.46% to 0.0 in 2023, then soared by 286.11% to 0.01 in 2024, then declined by 24.02% to 0.01 in 2025.
• The last three Debt Ratio figures came in at 0.01 (Q4 2025), 0.01 (Q3 2025), and 0.01 (Q2 2025), per Business Quant data.