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 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Net Income | -242.3 | -589.53 | 21.28 | -65.55 | -8.37 |
Depreciation & Amortization | 57.21 | 45.92 | 46.09 | 47.09 | 30.08 |
Loss (Gain) From Sale of Assets | 4.07 | 6.2 | -5.36 | 0.01 | 0.24 |
Asset Writedown & Restructuring Costs | 19.71 | 540.01 | 0.84 | 1.35 | 65.88 |
Loss (Gain) From Sale of Investments | 0.84 | 0.86 | 1.14 | 7.95 | 17.85 |
Loss (Gain) on Equity Investments | 4.08 | 15.02 | 12.72 | 17.22 | 1.52 |
Stock-Based Compensation | 8.92 | 32.66 | 36.32 | 43.34 | 106.15 |
Provision & Write-off of Bad Debts | 21.29 | 39.75 | 15.63 | 13.22 | 15.5 |
Other Operating Activities | 46.9 | 51.34 | 16.28 | 17.51 | 19.97 |
Change in Accounts Receivable | 21.77 | -60.38 | -28.95 | 13.56 | 14.58 |
Change in Inventory | -115.98 | -36.75 | -2.12 | -27.99 | 7.87 |
Change in Unearned Revenue | -10.63 | -26.8 | -6.01 | -29 | -28.31 |
Change in Income Taxes | 1.9 | 12.81 | -1.63 | 27.24 | -13.01 |
Change in Other Net Operating Assets | 76.83 | -56.74 | -83.73 | -178.82 | -145.67 |
Operating Cash Flow | -105.39 | -25.63 | 22.5 | -112.87 | 84.29 |
Operating Cash Flow Growth | - | - | - | - | -52.96% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Capital Expenditures | -196.62 | -62.55 | -51.18 | -15.71 | -45.06 |
Sale of Property, Plant & Equipment | - | 0.08 | 0.3 | 0.1 | 0.18 |
Cash Acquisitions | - | - | - | -97.49 | -636.87 |
Divestitures | - | 3.4 | 6.57 | - | - |
Investment in Securities | 153.31 | 308.73 | -168.59 | -440.99 | 1,030 |
Other Investing Activities | 0.5 | 7.38 | 10.29 | -18.13 | -8.55 |
Investing Cash Flow | -42.81 | 257.04 | -202.61 | -572.21 | 339.82 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Short-Term Debt Issued | 100 | 110 | 29.83 | - | - |
Total Debt Issued | 100 | 110 | 29.83 | - | - |
Short-Term Debt Repaid | -130 | -70 | - | - | - |
Total Debt Repaid | -130 | -70 | - | - | - |
Net Debt Issued (Repaid) | -30 | 40 | 29.83 | - | - |
Issuance of Common Stock | 0.58 | 0.3 | 0.24 | 1.54 | 0.97 |
Repurchase of Common Stock | -15.25 | -18.24 | -125.62 | -15.12 | -217.71 |
Common Dividends Paid | -19.03 | -43.57 | - | - | - |
Other Financing Activities | - | - | -4.46 | - | - |
Financing Cash Flow | -63.7 | -21.51 | -100.02 | -13.59 | -216.74 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Foreign Exchange Rate Adjustments | -1.48 | 3.34 | 11.87 | 55.86 | -9.24 |
Net Cash Flow | -213.38 | 213.23 | -268.26 | -642.81 | 198.12 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Free Cash Flow | -302.01 | -88.18 | -28.68 | -128.58 | 39.23 |
Free Cash Flow Growth | - | - | - | - | -72.41% |
Free Cash Flow Margin | -19.82% | -6.01% | -1.91% | -10.22% | 2.32% |
Free Cash Flow Per Share | -2.98 | -0.85 | -0.28 | -1.20 | 0.37 |
Levered Free Cash Flow | -220.2 | -144.69 | -62.35 | -230.6 | 104.83 |
Unlevered Free Cash Flow | -220.2 | -144.69 | -62.35 | -230.6 | 104.83 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 Income Tax Paid | 9.77 | 11.6 | 16.26 | 11.36 | 31.17 |
Change in Working Capital | -26.11 | -167.85 | -122.45 | -195 | -164.54 |