Personal Care Products

BTN released FY2025 annual earnings on April 26 After-Market (BJT), actual revenue CNY 5.359 B (forecast CNY 5.669 B), actual EPS CNY 1.2 (forecast CNY 1.3011)

BTN released FY2026 Q1 earnings on April 26 Pre-Market (BJT), actual revenue CNY 1.118 B, actual EPS CNY 0.16

BTN released FY2025 Q4 earnings on April 26 After-Market (BJT), actual revenue CNY 1.894 B (forecast CNY 1.861 B), actual EPS CNY 0.5685 (forecast CNY 0.4565)

BTN to release FY2025 earnings on April 27 After-Market BJT, forecast revenue CNY 5.669 B, EPS CNY 1.3011

BTN FY2026 Q1 Earnings Release on April 27 Pre-Market (BJT)

BTN released FY2025 9 Months Earnings on October 27 After-Market (BJT), Actual Revenue CNY 3.464 B, Actual EPS CNY 0.6193

BTN released FY2025 Q3 earnings on October 27 After-Market (BJT), actual revenue CNY 1.092 B (forecast CNY 1.132 B), actual EPS CNY 0.0594 (forecast CNY 0.3274)

BTN to Release FY2025 Q3 Earnings on October 28 After-Market (BJT), Forecast Revenue CNY 1.132 B, EPS CNY 0.3274

BTN released FY2025 Q2 earnings on August 27 After-Market (BJT), actual revenue CNY 1.423 B (forecast CNY 1.819 B), actual EPS CNY 0.4898 (forecast CNY 0.6507)

BTN released FY2025 Semi-Annual earnings on August 27 After-Market (BJT), actual revenue CNY 2.372 B, actual EPS CNY 0.5799

BTN FY2025 Semi-Annual Earning Release on August 28, 2025 (BJT)

Biotrend Group Layoffs Amid Performance Slump

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Babiteeni Receives Top Domestic ESG Rating Recognition

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Betaini Aims to Create Good Long-term Returns

BEAUTYN stocks rise over 11%, multiple securities firms give buy ratings

Beiteini Invests in Body Care Brand Bathfeel

Biotrend Holding Convenes Earnings Briefing to Discuss Resource Allocation and Disclosure

BaiTaini's Cross-border Business Experiencing Rapid Growth

Ordinary dividend (cash)

Ex Date: 2026.05.28, Cash dividend 0.35 CNY

688363

600315

603605

300957

300740

Shenwan Hongyuan released a research report, expecting that the overall performance of the cosmetics and medical beauty industry in the third quarter of 2025 will meet expectations. The retail sales growth rate of cosmetics in July and August was 4.5% and 5.1%, respectively, higher than the market average. Although the medical beauty sector is slightly weak due to macroeconomic influences, the cosmetics segment is expected to see growth accelerate again in the fourth quarter driven by the Double Eleven shopping festival. Domestic brands have performed outstandingly in e-commerce channels, with overall demand showing a steady recovery

Zhitong

Bloomage Biotech

Shanghai Jahwa

Proya

Shenwan Hongyuan: It is expected that the overall performance of the cosmetic medical beauty industry in Q3 2025 will meet expectations, with a continued upward trend in Q4

BTN recently announced that it has signed a partnership agreement with Jinyumao Investment Management Co., Ltd., intending to invest 50 million yuan in the Jinyu Fund, becoming one of its limited partners and holding a 5% partnership share. The Jinyu Fund primarily invests in various healthcare-related fields, including consumer healthcare, pharmaceuticals, and medical devices

BTN plans to invest 50 million yuan in the Jinyu Fund, targeting multiple healthcare-related fields

In the first half of 2025, BTN's revenue and net profit attributable to the parent company were 2.372 billion yuan and 247 million yuan, respectively, down 15.43% and 49.01% year-on-year. Revenue in the second quarter was 1.423 billion yuan, a year-on-year decrease of 16.67%, marking the first loss during the e-commerce "618 shopping festival." The company is optimizing promotional resources, reducing inefficient investments, and focusing on content marketing and user education to improve profitability quality and operational health. Some domestic beauty brands have also suspended advertising spending, facing a slowdown challenge in the overall market

Wallstreetcn

BTN faces narrative challenges with sensitive skin

BTN announced that in the first half of 2025, operating revenue was 2.372 billion yuan, a year-on-year decrease of 15.43%. Net profit was 247 million yuan, a year-on-year decrease of 49.01%

BTN: Net profit of 247 million yuan in the first half of 2025, a year-on-year decrease of 49.01%

BTN announced that its shareholder Sequoia Capital currently holds 40.6986 million shares, accounting for 9.66% of the company; it plans to reduce its shareholding by no more than 2% of the total shares of the company, or no more than 8.4259 million shares, through centralized bidding or block trading from August 15, 2025, to November 14, 2025. The reduction price will be determined based on the market price at that time

BTN: Shareholder Sequoia Capital plans to reduce its holdings by no more than 2% of the company's shares

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Huaxi Securities released a research report indicating that the beauty sector performed steadily during the 618 shopping festival, with the beauty GMV of the four major e-commerce platforms reaching 60-70 billion yuan, a year-on-year increase of over 10%. Among them, the market share of the Taobao platform is 41.3%, while Douyin contributes 35.7%. Douyin achieved double-digit growth through reduced commission policies and an interest-based content ecosystem, and it is recommended to pay attention to domestic companies with deep moats

- Huaxi Securities reports that the total GMV for beauty products during the 618 shopping festival across four major e-commerce platforms reached 600-700 billion yuan, with a year-on-year growth of over 10%.  
- Taobao maintained the largest market share at 41.3%, followed by Douyin at 35.7%, JD at 14.8%, and Kuaishou at 8.2%.  
- The report suggests focusing on domestic brands with strong competitive advantages as the market landscape continues to evolve.

JD.com

JD-SW

HUAXI Securities

L'Oréal S.A.

BABA-W

ByteDance

KUAISHOU-W

Marubi

Vipshops

Huaxi Securities: Beauty industry 618 ends smoothly, pay attention to the changes in platform and brand landscape

Shenwan Hongyuan released a research report stating that after more than 20 years of rapid development, China's e-commerce market is entering a mature stage, with overall growth slowing down. The online retail sales of physical goods are expected to reach 13.1 trillion yuan in 2024, with the growth rate dropping to 6.5%. The market transaction scale, user scale, and consumption growth rate of live-streaming e-commerce are declining year by year. The high-growth dividend period of online e-commerce may have ended, and companies are beginning to return to offline channels to reshape their competitiveness. Policy support for offline formats promotes brand influence and sales growth

SWHY

Midea Group

Shenwan Hongyuan: The rapid growth dividend of online e-commerce may be coming to an end, and the value of offline channels is being reassessed

According to the Qichacha APP, recently, Wuhan Kelei Yimei Lianghong Biotechnology Co., Ltd. was established, with Gao Shaoyang as the legal representative and a registered capital of 7.85 million yuan. The business scope includes: wholesale of cosmetics; retail of cosmetics; sales of Class II medical devices; remote health management services; health consulting services; medical beauty services, etc. Qichacha's equity penetration shows that the company is jointly held by BTN's Keningmei Biotechnology Co., Ltd. and Kaiyun Medical Investment Partnership

Kering

BTN and others established a biotechnology company including medical beauty service business

SYG rose over 10%, BTN, Runben Co., Ltd., and Bawi Co., Ltd. rose over 5%, while Wanmei Biotech, Haoyue Nursing, Baiya Co., Ltd., Wenkang Medical, and Fulejia also followed suit

Runben Biotechnology

BAIYA CORPORATION

Haoyue Care

Fuerjia

Winner Medical

Beauty care concept stocks strengthen again, SYG rises over 10%

BTN stated in an online communication meeting that by the end of 2023, the company's inventory would be approximately 900 million, decreasing to 600 million by the end of 2024, and further down to 560 million by the end of the first quarter of 2025. The inventory situation is continuously improving, mainly because the company actively controls the inventory scale in mid-2024 and effectively clears out the inventory through promotional strategies and product mix strategies

BTN: The company's inventory situation continues to improve

BTN(300957.SZ)