So-Young International Inc. (SY)

So-Young International Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	456.93	426.12	694.42	1,332	1,127	884.68
Short-Term Investments	704.98	900.82	875.96	408.95	1,527	1,943
Cash & Short-Term Investments	1,162	1,327	1,570	1,741	2,654	2,828
Cash Growth	-23.62%	-15.50%	-9.80%	-34.41%	-6.13%	134.28%
Accounts Receivable	102.4	80.38	50.79	73.69	69.05	39.54
Other Receivables	10.29	32.19	20.58	7.64	8.93	33.79
Receivables	112.7	200.78	170.29	110.45	85.39	78.43
Inventory	143.37	118.92	120.48	91.81	-	-
Prepaid Expenses	-	48.23	32.45	50.23	34.13	33.89
Restricted Cash	83.22	14.7	14.91	15.12	21.87	16.51
Other Current Assets	237.27	12.36	8.33	18.9	0.49	0.67
Total Current Assets	1,738	1,722	1,917	2,027	2,796	2,957
Property, Plant & Equipment	277.05	235.19	179.08	220.19	149.97	176.83
Long-Term Investments	278.55	261.02	227.96	252.5	166.1	45.98
Goodwill	540.69	540.69	540.69	540.69	48.5	-
Other Intangible Assets	133.1	145.25	169.28	193.96	60.03	0.73
Long-Term Deferred Tax Assets	80.63	78.03	64.74	47.52	55.52	35.21
Other Long-Term Assets	183.55	232.46	99.29	48.1	15.88	14.18
Total Assets	3,232	3,215	3,198	3,330	3,292	3,230
Accounts Payable	-	10.57	13.2	18.84	-	-
Accrued Expenses	386.46	181.52	175.71	203.54	241.03	139.92
Short-Term Debt	39.71	29.83	-	-	-	-
Current Portion of Leases	27.48	29.74	50.29	43.53	39.47	37.8
Current Income Taxes Payable	-	17.18	30.67	26.69	38.28	45.77
Current Unearned Revenue	95.66	195.21	181.67	190.26	174.76	120.01
Other Current Liabilities	0.14	76.38	86.51	229.54	77.34	123.01
Total Current Liabilities	549.45	540.42	538.04	712.4	570.87	466.51
Long-Term Leases	114.48	86.21	20.97	62.36	93.04	120.8
Long-Term Deferred Tax Liabilities	21.34	25.08	30.99	38.58	8.52	-
Other Long-Term Liabilities	1.61	1.54	-	-	-	-
Total Liabilities	686.88	653.25	590.01	813.33	672.44	587.32
Common Stock	0.29	0.28	0.27	0.27	0.26	0.26
Additional Paid-In Capital	3,066	3,080	3,044	3,000	2,892	2,799
Retained Earnings	-298.61	-296.31	-317.59	-252.04	-243.67	-248.69
Treasury Stock	-365.45	-358.45	-232.84	-217.71	-	-
Comprehensive Income & Other	23.93	18.19	4.11	-83.89	-52.49	91.73
Total Common Equity	2,426	2,444	2,498	2,446	2,596	2,643
Minority Interest	119.34	117.19	109.94	70.85	23.21	-
Shareholders' Equity	2,545	2,561	2,608	2,517	2,620	2,643
Total Liabilities & Equity	3,232	3,215	3,198	3,330	3,292	3,230
Total Debt	181.67	145.77	71.26	105.89	132.51	158.6
Net Cash (Debt)	980.23	1,181	1,499	1,635	2,522	2,669
Net Cash Growth	-33.29%	-21.21%	-8.31%	-35.16%	-5.52%	121.14%
Net Cash Per Share	9.60	11.64	13.95	15.40	23.15	32.43
Filing Date Shares Outstanding	102.01	102.01	101.58	106.45	106.88	105.78
Total Common Shares Outstanding	102.01	98.05	105.1	105.42	106.88	105.78
Working Capital	1,189	1,182	1,379	1,315	2,225	2,491
Book Value Per Share	23.78	24.93	23.77	23.20	24.29	24.98
Tangible Book Value	1,752	1,758	1,788	1,712	2,488	2,642
Tangible Book Value Per Share	17.17	17.93	17.01	16.24	23.28	24.97
Buildings	-	99.17	99.17	99.17	-	-
Machinery	-	57.13	37.65	24.25	15.4	12.52
Leasehold Improvements	-	32.8	32.69	32.72	30.67	26.52

Source: S&P Capital IQ. Standard template. Financial Sources.