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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	467.41	426.12	694.42	1,332	1,127	884.68
Short-Term Investments	681.04	900.82	875.96	408.95	1,527	1,943
Cash & Short-Term Investments	1,148	1,327	1,570	1,741	2,654	2,828
Cash Growth	-17.35%	-15.50%	-9.80%	-34.41%	-6.13%	134.28%
Accounts Receivable	138.61	80.38	50.79	73.69	69.05	39.54
Other Receivables	10.47	32.19	20.58	7.64	8.93	33.79
Receivables	149.08	200.78	170.29	110.45	85.39	78.43
Inventory	145.6	118.92	120.48	91.81	-	-
Prepaid Expenses	-	48.23	32.45	50.23	34.13	33.89
Restricted Cash	104.2	14.7	14.91	15.12	21.87	16.51
Other Current Assets	221.23	12.36	8.33	18.9	0.49	0.67
Total Current Assets	1,769	1,722	1,917	2,027	2,796	2,957
Property, Plant & Equipment	313.75	235.19	179.08	220.19	149.97	176.83
Long-Term Investments	287.51	261.02	227.96	252.5	166.1	45.98
Goodwill	540.69	540.69	540.69	540.69	48.5	-
Other Intangible Assets	131.64	145.25	169.28	193.96	60.03	0.73
Long-Term Deferred Tax Assets	81.06	78.03	64.74	47.52	55.52	35.21
Other Long-Term Assets	180.63	232.46	99.29	48.1	15.88	14.18
Total Assets	3,304	3,215	3,198	3,330	3,292	3,230
Accounts Payable	-	10.57	13.2	18.84	-	-
Accrued Expenses	383.29	181.52	175.71	203.54	241.03	139.92
Short-Term Debt	89.56	29.83	-	-	-	-
Current Portion of Leases	40.4	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	94.75	195.21	181.67	190.26	174.76	120.01
Other Current Liabilities	0.15	76.38	86.51	229.54	77.34	123.01
Total Current Liabilities	608.14	540.42	538.04	712.4	570.87	466.51
Long-Term Leases	124.92	86.21	20.97	62.36	93.04	120.8
Long-Term Deferred Tax Liabilities	20.78	25.08	30.99	38.58	8.52	-
Other Long-Term Liabilities	1.61	1.54	-	-	-	-
Total Liabilities	755.44	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	3,068	3,080	3,044	3,000	2,892	2,799
Retained Earnings	-278.26	-296.31	-317.59	-252.04	-243.67	-248.69
Treasury Stock	-369.91	-358.45	-232.84	-217.71	-	-
Comprehensive Income & Other	8.86	18.19	4.11	-83.89	-52.49	91.73
Total Common Equity	2,429	2,444	2,498	2,446	2,596	2,643
Minority Interest	119.84	117.19	109.94	70.85	23.21	-
Shareholders' Equity	2,548	2,561	2,608	2,517	2,620	2,643
Total Liabilities & Equity	3,304	3,215	3,198	3,330	3,292	3,230
Total Debt	254.87	145.77	71.26	105.89	132.51	158.6
Net Cash (Debt)	893.57	1,181	1,499	1,635	2,522	2,669
Net Cash Growth	-33.86%	-21.21%	-8.31%	-35.16%	-5.52%	121.14%
Net Cash Per Share	8.76	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	1,160	1,182	1,379	1,315	2,225	2,491
Book Value Per Share	23.81	24.93	23.77	23.20	24.29	24.98
Tangible Book Value	1,756	1,758	1,788	1,712	2,488	2,642
Tangible Book Value Per Share	17.22	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.