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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Summary of Reportable Segment | The table below provides a summary of the Group’s reportable segment results for the years ended December 31, 2021, 2022 and 2023:
| Year ended December 31, |
| 2021 |  | 2022 |  | 2023 |
| RMB |  | RMB |  | RMB |
Net revenues |  |  |  |  |  |
Color Cosmetics Brands |  | 4,869,279 |  |  | 2,415,500 |  |  | 1,973,726 |
Skincare Brands |  | 855,241 |  |  | 1,241,528 |  |  | 1,383,578 |
Others |  | 115,453 |  |  | 49,094 |  |  | 57,470 |
Total net revenues |  | 5,839,973 |  |  | 3,706,122 |  |  | 3,414,774 |
Loss from operations |  |  |  |  |  |
Color Cosmetics Brands |  | (823,296 | ) |  | (476,998 | ) |  | (352,147 | )
Skincare Brands |  | (220,854 | ) |  | (63,095 | ) |  | (431,268 | )
Others |  | (8,081 | ) |  | 755 |  |  | 1,859 |
Unallocated expenses (a) |  | (572,013 | ) |  | (389,560 | ) |  | (131,799 | )
Total loss from operations |  | (1,624,244 | ) |  | (928,898 | ) |  | (913,355 | )
Reconciliation |  |  |  |  |  |
Financial income |  | 45,658 |  |  | 34,656 |  |  | 89,020 |
Foreign currency exchange (loss) gain |  | (1,751 | ) |  | (35,357 | ) |  | 7,218 |
Income from equity method investments, net |  | 5,978 |  |  | 12,548 |  |  | 10,122 |
Impairment loss of investments |  | (1,375 | ) |  | (5,078 | ) |  | - |
Other (expenses) income, net |  | 27,775 |  |  | 103,501 |  |  | 53,558 |
Loss before income tax expenses |  | (1,547,959 | ) |  | (818,628 | ) |  | (753,437 | )
(a) Unallocated expenses represent share-based compensation and amortization of intangible assets resulting from assets and business acquisitions, which are not allocated to segments. No asset information is provided for reportable segments as no such information provides to the CODM to evaluate the segment performance and most assets are managed at the group level. Substantially all revenues and long-lived assets of Group are derived from and located in the PRC.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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