So-Young International Inc. (SY)

So-Young International Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	444.73	587.75	426.12	694.42	1,332	1,127
Short-Term Investments	575.23	599.04	900.82	875.96	408.95	1,527
Cash & Short-Term Investments	1,020	1,187	1,327	1,570	1,741	2,654
Cash Growth	-22.90%	-10.56%	-15.50%	-9.80%	-34.41%	-6.13%
Accounts Receivable	119.24	123.03	80.38	50.79	73.69	69.05
Other Receivables	0.72	30.87	32.19	20.58	7.64	8.93
Receivables	119.97	226.25	200.78	170.29	110.45	85.39
Inventory	175.3	151.75	118.92	120.48	91.81	-
Prepaid Expenses	-	40.75	48.23	32.45	50.23	34.13
Restricted Cash	86.23	66.37	14.7	14.91	15.12	21.87
Other Current Assets	215.63	52.45	12.36	8.33	18.9	0.49
Total Current Assets	1,617	1,724	1,722	1,917	2,027	2,796
Property, Plant & Equipment	350.84	318.12	235.19	179.08	220.19	149.97
Long-Term Investments	277.44	280.28	261.02	227.96	252.5	166.1
Goodwill	0.68	0.68	540.69	540.69	540.69	48.5
Other Intangible Assets	127.98	126.62	145.25	169.28	193.96	60.03
Long-Term Deferred Tax Assets	84.87	84.95	78.03	64.74	47.52	55.52
Other Long-Term Assets	185.61	128.8	174.42	99.29	48.1	15.88
Total Assets	2,645	2,735	3,215	3,198	3,330	3,292
Accounts Payable	-	20.31	10.57	13.2	18.84	-
Accrued Expenses	382.3	211.38	181.52	175.71	203.54	241.03
Short-Term Debt	59.72	69.77	29.83	-	-	-
Current Portion of Leases	51.88	44.91	29.74	50.29	43.53	39.47
Current Income Taxes Payable	-	18	17.18	30.67	26.69	38.28
Current Unearned Revenue	74.42	190.37	195.21	181.67	190.26	174.76
Other Current Liabilities	19.04	75.48	76.38	86.51	229.54	77.34
Total Current Liabilities	587.34	630.21	540.42	538.04	712.4	570.87
Long-Term Leases	135.66	125.2	86.21	20.97	62.36	93.04
Long-Term Deferred Tax Liabilities	19.1	19.76	25.08	30.99	38.58	8.52
Other Long-Term Liabilities	1.5	1.26	1.54	-	-	-
Total Liabilities	743.6	776.43	653.25	590.01	813.33	672.44
Common Stock	0.29	0.29	0.28	0.27	0.27	0.26
Additional Paid-In Capital	3,052	3,070	3,080	3,044	3,000	2,892
Retained Earnings	-918.98	-885.84	-296.31	-317.59	-252.04	-243.67
Treasury Stock	-382.72	-376.69	-358.45	-232.84	-217.71	-
Comprehensive Income & Other	30.28	31.56	18.19	4.11	-83.89	-52.49
Total Common Equity	1,781	1,839	2,444	2,498	2,446	2,596
Minority Interest	119.6	119.61	117.19	109.94	70.85	23.21
Shareholders' Equity	1,901	1,959	2,561	2,608	2,517	2,620
Total Liabilities & Equity	2,645	2,735	3,215	3,198	3,330	3,292
Total Debt	247.26	239.88	145.77	71.26	105.89	132.51
Net Cash (Debt)	772.71	946.91	1,181	1,499	1,635	2,522
Net Cash Growth	-34.02%	-19.83%	-21.21%	-8.31%	-35.16%	-5.52%
Net Cash Per Share	7.51	9.18	11.64	13.95	15.40	23.15
Filing Date Shares Outstanding	100.22	100.69	102.01	101.58	106.45	106.88
Total Common Shares Outstanding	100.22	100.96	98.05	105.1	105.42	106.88
Working Capital	1,030	1,094	1,182	1,379	1,315	2,225
Book Value Per Share	17.77	18.22	24.93	23.77	23.20	24.29
Tangible Book Value	1,653	1,712	1,758	1,788	1,712	2,488
Tangible Book Value Per Share	16.49	16.96	17.93	17.01	16.24	23.28
Buildings	-	99.17	99.17	99.17	99.17	-
Machinery	-	75.4	57.13	37.65	24.25	15.4
Leasehold Improvements	-	74.28	32.8	32.69	32.72	30.67

Updated Apr 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q