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So-Young International Inc. (SY)
NASDAQ: SY · Real-Time Price · USD
2.270
+0.090 (4.13%)
At close: Aug 10, 2026, 4:00 PM EDT
2.250
-0.020 (-0.88%)
After-hours: Aug 10, 2026, 7:34 PM EDT

So-Young International Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6591,5231,4671,4981,2581,692
Revenue Growth
14.75%3.87%-2.09%19.09%-25.68%30.69%
Gross Profit
763.61727.69899.11953.69864.581,365
Operating Income
-300.66-286.18-624.49-61.05-102.81-32.57
Net Income
-158.03-242.3-589.5321.28-65.55-8.37
Earnings Per Share
-2.55-2.39-5.720.21-0.61-0.08
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Aesthetic Treatment Services Group
674.9169.2612.96--
Platform Service Group
499.69736.61889.91--
Wuhan Miracle
200.36269.55268.76242.34111.96
Others
166.23292.7327.72--
Elimination
-17.77-1.43-1.31-1.64-
Total
1,5231,4671,4981,2581,692

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '21 Dec '20
Cash & Investments
797.46871.691,1871,3271,7412,654
Total Debt
380.42299.71239.88145.77105.89132.51
Net Cash (Debt)
417.04571.97946.911,1811,6352,522
Net Cash Growth
-46.03%-39.60%-19.83%-27.76%-35.16%-5.52%
Net Cash Per Share
4.135.659.1811.6415.4023.15

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2020
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '20
Operating Cash Flow
-105.39-105.39-25.6322.5-112.87179.18
Capital Expenditures
-196.62-196.62-62.55-51.18-15.71-36.96
Free Cash Flow
-302.01-302.01-88.18-28.68-128.58142.22
Free Cash Flow Growth
------58.93%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
46.03%47.77%61.30%63.66%68.73%80.63%
Operating Margin
-18.12%-18.79%-42.58%-4.08%-8.17%-1.92%
Pretax Margin
-9.99%-16.16%-40.10%0.53%-6.92%-0.97%
Profit Margin
-9.91%-16.21%-40.03%1.73%-5.26%-2.22%
FCF Margin
0.00%-19.82%-6.01%-1.91%-10.22%0.00%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024
Period EndingAug '26 Dec '25 Dec '24
Dividend Yield
1.17%1.05%6.97%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---43.97--
Forward PE
-49.686.009.0365.3710.14
PS Ratio
0.951.180.420.600.740.97