So-Young International Inc. (SY)

So-Young International Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	418.21	587.75	426.12	694.42	1,332
Short-Term Investments	453.47	599.04	900.82	875.96	408.95
Cash & Short-Term Investments	871.69	1,187	1,327	1,570	1,741
Cash Growth	-26.55%	-10.56%	-15.50%	-9.79%	-34.41%
Accounts Receivable	51.53	98.77	57.22	36.01	54.83
Other Receivables	17.07	25.47	32.37	48.17	32.9
Total Trade Receivables	68.6	124.25	89.59	84.18	87.73
Inventory	233.39	151.75	118.92	120.48	91.81
Other Current Assets	310.92	261.57	186.47	141.8	106.96
Total Current Assets	1,485	1,724	1,722	1,917	2,027
Net Property, Plant & Equipment	545.2	318.12	235.19	179.08	220.19
Other Intangible Assets	144.1	126.62	145.25	169.28	193.96
Goodwill	0.68	0.68	540.69	540.69	540.69
Long-Term Investments	274.75	280.28	261.02	227.96	252.5
Other Long-Term Assets	200.31	285.1	310.49	164.03	95.62
Total Assets	2,650	2,735	3,215	3,198	3,330
Accounts Payable	0.62	0.48	0.39	5.9	0.68
Accrued Expenses	601.14	438.47	377.1	371.7	529.04
Short-Term Debt	39.81	69.77	29.83	-	-
Current Portion of Leases	76.54	44.91	29.74	50.29	43.53
Unearned Revenue	65.95	76.58	103.37	110.16	139.16
Total Current Liabilities	784.05	630.21	540.42	538.04	712.4
Long-Term Leases	183.36	125.2	86.21	20.97	62.36
Other Long-Term Liabilities	13.4	21.02	26.62	30.99	38.58
Total Long-Term Liabilities	196.76	146.22	112.83	51.97	100.93
Total Liabilities	980.82	776.43	653.25	590.01	813.33
Common Stock	0.29	0.29	0.28	0.27	0.27
Treasury Stock	-391.94	-376.69	-358.45	-232.84	-217.71
Additional Paid-in Capital	3,060	3,070	3,080	3,044	3,000
Accumulated Other Comprehensive Income	13.34	31.56	18.19	4.11	-83.89
Retained Earnings	-1,128	-885.84	-296.31	-317.59	-252.04
Total Common Shareholders' Equity	1,553	1,839	2,444	2,498	2,446
Minority Interest	115.51	119.61	117.19	109.94	70.85
Shareholders' Equity	1,669	1,959	2,561	2,608	2,517
Total Liabilities & Equity	2,650	2,735	3,215	3,198	3,330
Total Debt	299.71	239.88	145.77	71.26	105.89
Net Cash (Debt)	571.97	946.91	1,181	1,499	1,635
Net Cash Growth	-39.60%	-19.83%	-21.21%	-8.31%	-35.16%
Net Cash Per Share	5.65	9.18	11.64	13.95	15.40
Book Value	1,553	1,839	2,444	2,498	2,446
Book Value Per Share	15.35	17.82	24.09	23.24	23.04
Tangible Book Value	1,409	1,712	1,758	1,788	1,712
Tangible Book Value Per Share	13.92	16.59	17.33	16.64	16.12

Updated Mar 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q