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Side-by-side financial comparison of Southland Holdings, Inc. (SLND) and Yatsen Holding Ltd (YSG). Click either name above to swap in a different company.

Yatsen Holding Ltd is the larger business by last-quarter revenue ($164.2M vs $104.0M, roughly 1.6× Southland Holdings, Inc.). Yatsen Holding Ltd runs the higher net margin — -0.5% vs -208.2%, a 207.7% gap on every dollar of revenue. Over the past eight quarters, Yatsen Holding Ltd's revenue compounded faster (24.5% CAGR vs -39.9%).

Southland Holdings, Inc. is a leading North American infrastructure construction firm. It offers full-suite services for transportation projects including highways, bridges and airports, water and wastewater system construction, and commercial site development, serving both public sector and private industry clients across regional core markets.

Yatsen Holding Ltd is a leading China-based beauty and personal care group. It develops and sells cosmetics, skincare products and fragrances under brands including Perfect Diary, Little Ondine and Abby's Choice, with core markets in mainland China, Southeast Asia, targeting Gen Z and young adult consumers.

SLND vs YSG — Head-to-Head

Bigger by revenue
YSG
YSG
1.6× larger
YSG
$164.2M
$104.0M
SLND
Higher net margin
YSG
YSG
207.7% more per $
YSG
-0.5%
-208.2%
SLND
Faster 2-yr revenue CAGR
YSG
YSG
Annualised
YSG
24.5%
-39.9%
SLND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLND
SLND
YSG
YSG
Revenue
$104.0M
$164.2M
Net Profit
$-216.4M
$-776.5K
Gross Margin
-186.0%
77.8%
Operating Margin
-202.4%
-34.0%
Net Margin
-208.2%
-0.5%
Revenue YoY
-61.1%
Net Profit YoY
-5108.5%
EPS (diluted)
$-4.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLND
SLND
YSG
YSG
Q4 25
$104.0M
$164.2M
Q3 25
$213.3M
$95.1M
Q2 25
$215.4M
$110.9M
Q1 25
$239.5M
$106.6M
Q4 24
$267.3M
$147.0M
Q3 24
$173.3M
$102.3M
Q2 24
$251.5M
$118.1M
Q1 24
$288.1M
$106.0M
Net Profit
SLND
SLND
YSG
YSG
Q4 25
$-216.4M
$-776.5K
Q3 25
$-75.3M
$-17.0M
Q2 25
$-10.3M
$-11.9M
Q1 25
$-4.6M
$-17.2M
Q4 24
$-4.2M
$-67.7M
Q3 24
$-54.7M
$-28.2M
Q2 24
$-46.1M
$-14.9M
Q1 24
$-406.0K
$7.0M
Gross Margin
SLND
SLND
YSG
YSG
Q4 25
-186.0%
77.8%
Q3 25
1.5%
75.9%
Q2 25
6.2%
76.7%
Q1 25
9.0%
77.7%
Q4 24
2.9%
73.7%
Q3 24
-29.5%
71.4%
Q2 24
-15.9%
74.7%
Q1 24
7.1%
74.3%
Operating Margin
SLND
SLND
YSG
YSG
Q4 25
-202.4%
-34.0%
Q3 25
-5.3%
-20.9%
Q2 25
-0.1%
-17.0%
Q1 25
2.1%
-20.4%
Q4 24
-3.0%
-50.3%
Q3 24
-39.6%
-32.2%
Q2 24
-22.1%
-15.7%
Q1 24
2.1%
-0.9%
Net Margin
SLND
SLND
YSG
YSG
Q4 25
-208.2%
-0.5%
Q3 25
-35.3%
-17.9%
Q2 25
-4.8%
-10.8%
Q1 25
-1.9%
-16.1%
Q4 24
-1.6%
-46.1%
Q3 24
-31.6%
-27.6%
Q2 24
-18.3%
-12.6%
Q1 24
-0.1%
6.6%
EPS (diluted)
SLND
SLND
YSG
YSG
Q4 25
$-4.01
Q3 25
$-1.39
Q2 25
$-0.19
Q1 25
$-0.08
Q4 24
$-0.08
Q3 24
$-1.14
Q2 24
$-0.96
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLND
SLND
YSG
YSG
Cash + ST InvestmentsLiquidity on hand
$52.7M
$109.4M
Total DebtLower is stronger
$257.7M
Stockholders' EquityBook value
$-140.9M
$428.9M
Total Assets
$989.3M
$550.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLND
SLND
YSG
YSG
Q4 25
$52.7M
$109.4M
Q3 25
$40.5M
$97.0M
Q2 25
$46.5M
$133.1M
Q1 25
$65.1M
$92.3M
Q4 24
$72.2M
$112.0M
Q3 24
$91.4M
$71.7M
Q2 24
$52.4M
$109.6M
Q1 24
$31.2M
$179.9M
Total Debt
SLND
SLND
YSG
YSG
Q4 25
$257.7M
Q3 25
$267.8M
Q2 25
$278.6M
Q1 25
$288.1M
Q4 24
$300.1M
Q3 24
$318.3M
Q2 24
$307.8M
Q1 24
$302.0M
Stockholders' Equity
SLND
SLND
YSG
YSG
Q4 25
$-140.9M
$428.9M
Q3 25
$75.0M
$423.1M
Q2 25
$151.1M
$431.5M
Q1 25
$159.1M
$422.2M
Q4 24
$163.7M
$418.1M
Q3 24
$149.1M
$516.0M
Q2 24
$203.3M
$519.4M
Q1 24
$249.3M
$551.6M
Total Assets
SLND
SLND
YSG
YSG
Q4 25
$989.3M
$550.1M
Q3 25
$1.1B
$564.8M
Q2 25
$1.2B
$564.4M
Q1 25
$1.2B
$534.3M
Q4 24
$1.2B
$544.0M
Q3 24
$1.2B
$635.6M
Q2 24
$1.3B
$635.8M
Q1 24
$1.2B
$662.1M
Debt / Equity
SLND
SLND
YSG
YSG
Q4 25
Q3 25
3.57×
Q2 25
1.84×
Q1 25
1.81×
Q4 24
1.83×
Q3 24
2.14×
Q2 24
1.51×
Q1 24
1.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLND
SLND
YSG
YSG
Operating Cash FlowLast quarter
$9.7M
Free Cash FlowOCF − Capex
$9.3M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLND
SLND
YSG
YSG
Q4 25
$9.7M
Q3 25
$5.9M
Q2 25
$-5.4M
Q1 25
$6.4M
Q4 24
$-10.3M
Q3 24
$-5.3M
Q2 24
$27.4M
Q1 24
$-9.9M
Free Cash Flow
SLND
SLND
YSG
YSG
Q4 25
$9.3M
Q3 25
$5.3M
Q2 25
$-6.5M
Q1 25
$4.6M
Q4 24
$-11.5M
Q3 24
$-7.3M
Q2 24
$26.3M
Q1 24
$-13.0M
FCF Margin
SLND
SLND
YSG
YSG
Q4 25
8.9%
Q3 25
2.5%
Q2 25
-3.0%
Q1 25
1.9%
Q4 24
-4.3%
Q3 24
-4.2%
Q2 24
10.5%
Q1 24
-4.5%
Capex Intensity
SLND
SLND
YSG
YSG
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.5%
Q1 25
0.7%
Q4 24
0.5%
Q3 24
1.1%
Q2 24
0.4%
Q1 24
1.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SLND
SLND

Civil$58.4M56%
Transportation$45.6M44%

YSG
YSG

Segment breakdown not available.

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