喆丽控股中期报告 2025

1 2 3 6 8 22 37 38 41 42 2829 100KC100 5 183171712-1716 2209 www.yesasiaholdings.com www.yesstyle.comwww.asianbeautywholesale.comwww.yesasia.com (2) (1) YesStyle(2)AsianBeautyWholesale(3)(4)YesStyle YesStyleAsianBeautyWholesale(ABW) –49.3%243,932,000163,348,000–11,107,00014,075,000 K-beauty –K-Beauty–96.5%91.4%–ABW77,944,00036,951,00032.0%22.6%–AsianBeautyWholesale5.1%16.2%31.1%–B2CYesStyle31.7%164,857,000125,132,00020.0%–YesStyleABW35.4%34.5%18.6%17.8% B2B –ABWABWABW11B2BABW15B2B147,000B2B –ABW(Cosmoprof Worldwide Bologna)5030ABW800B2B15K-Beauty 80.8%227.3%58.4%41.6%51.8%20.0%51.5%114.1%30.9%30.5%181.0%85.6%38.5% K-Beauty 本集團 –YesStyleTikTok132,00087,00051.7%–44,644,00033,934,00031.6% EuroSupporter YesStyleK-beautyCOSRXEuro Supporters100TikTokInstagram YouTubeYESSTYLE AMR (AMR)147,000240AMRAMRAMRK-beauty2AMR400AMRK-beauty125.4259.88.4%10,909,0008,391,0002,518,000 (i)2,335,000(ii)278,000(iii)ABW1,734,000(iv)426,000 5.8%6.8%4.4%5.5% K-beautyK-beauty YesStyleABW K-Beauty K-Beauty(KITA)36.135.7 K-beautyKITA50.4121%111.85774%99.3 K-Beauty K-Beauty K-BeautyK-BeautyUltaK-BeautyPrimarkSuperdrugK-BeautyOVS1,300K-BeautyMiiNK-Beauty40Pichara120K-Beauty7-ElevenK-Beauty K-BeautyABWB2BABWTJXBurlington2,400K-Beauty本集團KOLK-Beauty K-BeautyK-PopK-BeautyK-BeautyK-Pop K-BeautyKOLK-Beauty K-BeautyK-beauty 本集團K-Beauty本集團B2B 163,348,00080,584,00049.3%243,932,000 •YesStyle125,132,00039,725,00031.7%164,857,000•ABW36,951,00019,332,00052.3%56,283,000•ABW21,661,000 170,670,000113,156,00057,514,00050.8%70.0%69.3%47.3%2.950.2%AsianBeautyWholesale 73,262,00050,192,00023,070,00046.0%0.730.0%30.7% 711,000352,00049.5%359,000 •243,000 •825,000108,00013.1%717,000 28,703,00018,642,00010,061,00054.0%11.8%11.4% •5,272,00065.2%426,000 •2,230,00075.9% •1,284,00031.5% •685,000128.5% •325,00014.7% 49.6%3.1%3.2% 26,585,00018,234,0008,351,00045.8%10.9%11.2% •4,043,00038.2%(i)385452(ii)1,292,0001,820,000(iii)1,950,000103,000 1,742,00072.4% •801,00058.5% 547,00082.9% •368,000111.9%(i)(ii)(iii)(iv) •244,0003,485.7% 826,000504,00063.9% 3,407,0002,416,000991,00041.0% 14,075,00011,107,000(i)YesStyle(ii)AsianBeautyWholesale(B2B) 8,605,000168,0008,437,0005,022.0% 28,492,00039,817,000 311,000(i)1,485,000(ii)12,250,00012,332,000(iii)1,092,000 (i)15,198,000(ii)10,522,000(iii)5,306,000(iv)1,357,000(v)1,313,000(vi)688,000(i)27,494,000(ii)5,490,000 (i)8,605,000(ii)3,539,000(iii)150,000 (i)17,637,000(ii)400,000(i)4,847,000(ii)637,000(iii)221,000 17,416,000(i)(ii)(iii)17 826,000504,00063.9% 43.0%59.9%(i)(ii) 21 1,100,0000.4%485,000489,0000.3%0.4%1,100,00010,120,000 4,0002,000 YesStyle.com Limited4,447,000 443,0004,004,000 XVXV78352 (1)124,570,980100,00028,839,550100,000153,610,53037.27%(2)4,592,120100,000(3)31,356,210100,000(4)600,000(5)100,000(6)100,000(7)37,50062,500(8)50,00050,000 YesAsia.com LimitedYesAsia.com Limited10%YesAsia.com LimitedYesAsia.com Limited32YesAsia.com Limited XV23336 (1)PCCW e-Ventures LimitedCyberWorks Ventures Limited50%PCCW Nominees LimitedCyberWorks Ventures Limited50%CyberWorks Ventures Limited0008XVCyberWorks Ventures LimitedPCCW e-Ventures Limited39,704,030 (2)Stonepath Group, Inc.26,000,000Stonepath Group, Inc.XVStonepathGroup, Inc. 336 (10) 85% 10 6,862,5801.67%5,078,7601.23% (i)25%(ii)6.25% 334,000 19 (1)i)ii)iii) 39,539,07910% 121%12 10 (i) (ii) (iii) 12 (i)0.1% (ii)5,000,000 248,2002,482,000 (1)2,000,0006,722,000192,000,0004.96 (2)432,0001,140,00019432,0004.20 (3)50,000135,0001950,0004.07 (4)i)ii)iii) 8,018,9401.96%32,131,4407.80% (i)25%(ii)6.25% 65,500 19 2,000,000432,00050,00010 C1D.2.5 D.2.2 577520 OFACBIS (i)(ii)4,084,0002,413,00016,254,0008,591,000 3,567,0002,931,000 22 UOB-Kay Hian Holdings LimitedU10.SI 13.51(2)(a)(e)(g) 1 100KC100 622436 622662(3)63 622406(2)407(2)(3) 2 3434 3 4 6 6 11.0%1.0% 22.0%2.0% 86.6%95.2% 10% 7 28.25%16.5%16.5% AsianBeautyWholesale Korea Inc.YesAsia.com (Korea) Limited9.9%26.4%9.9%20.9% 8 9 7.53,989,000 10 11 8,605,000168,000 12 12 180 15 (i)(ii)(iii) 1.96%17.81%1.96%17.81% 17 17 (a)733,000(b)4,004,000(c) 13,244,00024,288,000 18 19 (i)25%(ii)6.25% 19 39,539,0793,953,90810% (i)25%(ii)6.25% 19 100.160.17 0.540.61 8.677.19 309,00065,00015,000315,000 2,000,000432,00050,0007,997,000 19 19 1,966,000106,000 10,0002,000 20 (a) 20 (b) 21 22 23