So-Young International Inc. (SY)

NASDAQ: SY · Real-Time Price · USD

2.320

-0.080 (-3.33%)

At close: Aug 27, 2026, 4:00 PM EDT

2.360

+0.040 (1.72%)

After-hours: Aug 27, 2026, 4:34 PM EDT

So-Young International Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	386.81	418.21	587.75	426.12	694.42	1,332
Short-Term Investments	410.65	453.47	599.04	900.82	875.96	408.95
Cash & Short-Term Investments	797.46	871.69	1,187	1,327	1,570	1,741
Cash Growth	-21.82%	-26.55%	-10.56%	-15.50%	-9.80%	-34.41%
Accounts Receivable	60.59	67.83	123.03	80.38	50.79	73.69
Other Receivables	1.69	61.5	30.87	32.19	20.58	7.64
Receivables	62.28	209.9	226.25	200.78	170.29	110.45
Inventory	262.56	233.39	151.75	118.92	120.48	91.81
Prepaid Expenses	-	59.48	40.75	48.23	32.45	50.23
Restricted Cash	82.51	64.68	66.37	14.7	14.91	15.12
Other Current Assets	283.83	45.46	52.45	12.36	8.33	18.9
Total Current Assets	1,489	1,485	1,724	1,722	1,917	2,027
Property, Plant & Equipment	560.61	545.2	318.12	235.19	179.08	220.19
Long-Term Investments	274.18	274.75	280.28	261.02	227.96	252.5
Goodwill	0.68	0.68	0.68	540.69	540.69	540.69
Other Intangible Assets	139.82	144.1	126.62	145.25	169.28	193.96
Long-Term Deferred Tax Assets	69.36	69.31	84.95	78.03	64.74	47.52
Other Long-Term Assets	131.53	63.56	128.8	174.42	99.29	48.1
Total Assets	2,665	2,650	2,735	3,215	3,198	3,330

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	-	26.99	20.31	10.57	13.2	18.84
Accrued Expenses	561.21	264.57	211.38	181.52	175.71	203.54
Short-Term Debt	119.75	39.81	69.77	29.83	-	-
Current Portion of Leases	78.37	76.54	44.91	29.74	50.29	43.53
Current Income Taxes Payable	36.61	6.2	18	17.18	30.67	26.69
Current Unearned Revenue	64.56	292.65	190.37	195.21	181.67	190.26
Other Current Liabilities	-	77.3	75.48	76.38	86.51	229.54
Total Current Liabilities	860.5	784.05	630.21	540.42	538.04	712.4
Long-Term Leases	182.3	183.36	125.2	86.21	20.97	62.36
Long-Term Deferred Tax Liabilities	9.27	10.62	19.76	25.08	30.99	38.58
Other Long-Term Liabilities	3.93	2.78	1.26	1.54	-	-
Total Liabilities	1,056	980.82	776.43	653.25	590.01	813.33

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.29	0.29	0.29	0.28	0.27	0.27
Additional Paid-In Capital	3,062	3,060	3,070	3,080	3,044	3,000
Retained Earnings	-1,177	-1,128	-885.84	-296.31	-317.59	-252.04
Treasury Stock	-391.94	-391.94	-376.69	-358.45	-232.84	-217.71
Comprehensive Income & Other	0.94	13.34	31.56	18.19	4.11	-83.89
Total Common Equity	1,494	1,553	1,839	2,444	2,498	2,446
Minority Interest	114.48	115.51	119.61	117.19	109.94	70.85
Shareholders' Equity	1,609	1,669	1,959	2,561	2,608	2,517
Total Liabilities & Equity	2,665	2,650	2,735	3,215	3,198	3,330

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	380.42	299.71	239.88	145.77	71.26	105.89
Net Cash (Debt)	417.04	571.97	946.91	1,181	1,499	1,635
Net Cash Growth	-46.03%	-39.60%	-19.83%	-21.21%	-8.31%	-35.16%
Net Cash Per Share	4.13	5.65	9.18	11.70	13.95	15.40
Filing Date Shares Outstanding	100.38	100.3	100.69	102.01	101.58	106.45
Total Common Shares Outstanding	100.38	100.22	100.96	98.05	105.1	105.42
Working Capital	628.14	700.54	1,094	1,182	1,379	1,315
Book Value Per Share	14.89	15.50	18.22	24.93	23.77	23.20
Tangible Book Value	1,354	1,409	1,712	1,758	1,788	1,712
Tangible Book Value Per Share	13.49	14.05	16.96	17.93	17.01	16.24
Buildings	-	99.17	99.17	99.17	99.17	99.17
Machinery	-	197.87	75.4	57.13	37.65	24.25
Leasehold Improvements	-	127.46	74.28	32.8	32.69	32.72

SEC Filings: 10-K · 10-Q