Security
So-Young International Inc. American Depository Shares · SY
SYNASDAQotherCurrentCIK 1758530Updated Oct 6, 2026
SY price & chart
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NASDAQ:SY on TradingView ↗About the company
So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”) is the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments. The Company provides access to aesthetic treatments through its online platform and branded aesthetic centers, offering curated treatment information, facilitating online reservations, delivering high-quality treatments, and developing, producing and distributing optoelectronic medical equipment and injectable products. With its strong brand recognition, digital reach, affordable treatments and efficient supply chain, So-Young is well-positioned to serve its audience over the long term and grow along the medical aesthetic value chain.
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 378,894,000Source | 374,715,000Source | 452,761,000Source | 463,646,000Source |
| Property, Plant and Equipment, NetUSD | 41,979,000Source | 21,283,000Source | 16,448,000Source | 16,845,000Source |
| GoodwillUSD | 98,000Source | 94,000Source | 76,155,000Source | 78,393,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 20,606,000Source | 17,346,000Source | 20,458,000Source | 24,543,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 59,804,000Source | 80,521,000Source | 60,018,000Source | 100,681,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,369,000Source | 13,532,000Source | 8,059,000Source | 5,220,000Source |
| Inventory, NetUSD | 33,374,000Source | 20,790,000Source | 16,750,000Source | 17,468,000Source |
| Assets, CurrentUSD | 212,295,000Source | 236,236,000Source | 242,528,000Source | 277,913,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 35,211,000Source | 26,743,000Source | 24,194,000Source | 18,397,000Source |
| Operating Lease, Right-of-Use AssetUSD | 35,983,000Source | 22,299,000Source | 16,677,000Source | 9,119,000Source |
| Other Assets, NoncurrentUSD | 18,732,000Source | 27,421,000Source | 32,741,000Source | 14,396,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 140,256,000Source | 106,369,000Source | 92,008,000Source | 85,543,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 437,540,000Source | 420,561,000Source | 433,870,000Source | 441,334,000Source |
| Retained Earnings (Accumulated Deficit)USD | -167,964,000Source | -126,915,000Source | -46,503,000Source | -50,255,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,908,000Source | 4,324,000Source | 2,561,000Source | 595,000Source |
| Stockholders' Equity Attributable to ParentUSD | 222,121,000Source | 251,960,000Source | 344,248,000Source | 362,163,000Source |
| Liabilities and EquityUSD | 378,894,000Source | 374,715,000Source | 452,761,000Source | 463,646,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 112,119,000Source | 86,337,000Source | 76,117,000Source | 78,008,000Source |
| Operating Lease, Liability, CurrentUSD | 10,945,000Source | 6,152,000Source | 4,189,000Source | 7,291,000Source |
| Operating Lease, Liability, NoncurrentUSD | 26,221,000Source | 17,152,000Source | 12,142,000Source | 3,041,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,518,000Source | 2,707,000Source | 3,533,000Source | 4,494,000Source |
| Other Liabilities, NoncurrentUSD | 398,000Source | 173,000Source | 216,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 16,517,000Source | 16,386,000Source | 16,505,000Source | 15,940,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -35,307,000Source | -80,443,000Source | 3,654,000Source | -9,584,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 8,181,000Source | 6,291,000Source | 6,492,000Source | 6,827,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,275,000Source | 4,474,000Source | 5,116,000Source | 6,283,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -3,112,000Source | 8,272,000Source | 4,078,000Source | -1,967,000Source |
| Increase (Decrease) in InventoriesUSD | 16,585,000Source | 5,035,000Source | 299,000Source | 4,058,000Source |
| Deferred Income Tax Expense (Benefit)USD | -256,000Source | -2,215,000Source | -4,720,000Source | -3,596,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -15,071,000Source | -3,510,000Source | 3,171,000Source | -16,365,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 14,135,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -6,122,000Source | 35,215,000Source | -28,538,000Source | -82,963,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 2,181,000Source | 2,498,000Source | 17,693,000Source | 2,193,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -9,110,000Source | -2,946,000Source | -14,087,000Source | -1,970,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 2,721,000Source | 5,969,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -30,513,000Source | 29,212,000Source | -37,784,000Source | -93,199,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 61,859,000Source | 88,497,000Source | 60,950,000Source | 101,635,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | -1,397,000Source | 1,589,000Source | -2,290,000Source | -1,647,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | 23,025,000Source | 23,199,000Source | 25,349,000Source | 25,438,000Source |
| DepreciationCNY | 34,187,000Source | 22,719,000Source | 20,741,000Source | 21,648,000Source |
| Equity Method Investment, Other than Temporary ImpairmentCNY | 0Source | 7,350,000Source | 444,000Source | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)CNY | -842,000Source | -1,264,000Source | -498,000Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | 8,103,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 851,000Source | 15,000Source | -93,000Source | -71,000Source |
| Gain (Loss) on InvestmentsCNY | — | — | — | -17,124,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | 326,000Source | 400,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -582,000Source | -849,000Source | -19,000Source | -1,000Source |
| General and Administrative ExpenseUSD | — | 44,398,000Source | 40,953,000Source | 37,727,000Source |
| GoodwillUSD | 98,000Source | 94,000Source | 76,155,000Source | 78,393,000Source |
| Goodwill, Impairment LossCNY | 0Source | 73,981,000Source | — | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 1,929,000Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -583,000Source | -2,057,000Source | -1,792,000Source | -2,497,000Source |
| Income Tax Expense (Benefit)USD | 114,000Source | -124,000Source | -2,546,000Source | -3,040,000Source |
| Inventory Write-downUSD | 216,000Source | — | — | — |
| Investment Income, InterestUSD | 3,368,000Source | 6,371,000Source | 6,879,000Source | 4,188,000Source |
| Net Income (Loss) Attributable to ParentUSD | -34,649,000Source | -80,764,000Source | 2,997,000Source | -9,504,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -658,000Source | 321,000Source | 657,000Source | -80,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | -242,301,000Source | -589,527,000Source | 21,280,000Source | -65,554,000Source |
| Operating ExpensesUSD | 144,980,000Source | 208,733,000Source | 142,923,000Source | 140,259,000Source |
| Other Nonoperating Income (Expense)USD | 1,845,000Source | 155,000Source | 3,084,000Source | 1,196,000Source |
| Proceeds from Contributed CapitalUSD | 71,000Source | — | 7,000Source | 96,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 27,000Source | 127,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 3,045,000Source | 5,445,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 217,844,000Source | 200,937,000Source | 210,993,000Source | 182,375,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 6,000Source | -34,000Source | 69,000Source | -7,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | -40,923,000Source | -85,554,000Source | -8,598,000Source | -14,906,000Source |
| Other Nonoperating Income (Expense)USD | 1,845,000Source | 155,000Source | 3,084,000Source | 1,196,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -35,193,000Source | -80,567,000Source | 1,108,000Source | -12,624,000Source |
| Income Tax Expense (Benefit)USD | 114,000Source | -124,000Source | -2,546,000Source | -3,040,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -658,000Source | 321,000Source | 657,000Source | -80,000Source |
| Net Income (Loss) Attributable to ParentUSD | -34,649,000Source | -80,764,000Source | 2,997,000Source | -9,504,000Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 77,863,698Source | 79,384,454Source | 77,646,899Source | 82,665,269Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 77,863,698Source | 79,384,454Source | 78,054,950Source | 82,665,269Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | 23,025,000Source | 23,199,000Source | 25,349,000Source | 25,438,000Source |
| Current Income Tax Expense (Benefit)CNY | 2,587,000Source | 15,261,000Source | 15,440,000Source | 3,838,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | 8,103,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 851,000Source | 15,000Source | -93,000Source | -71,000Source |
| Gain (Loss) on InvestmentsCNY | — | — | — | -17,124,000Source |
| General and Administrative ExpenseUSD | — | 44,398,000Source | 40,953,000Source | 37,727,000Source |
| Goodwill, Impairment LossCNY | 0Source | 73,981,000Source | — | — |
| Gross ProfitUSD | 104,057,000Source | 123,179,000Source | 134,325,000Source | 125,353,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -583,000Source | -2,057,000Source | -1,792,000Source | -2,497,000Source |
| Investment Income, InterestUSD | 3,368,000Source | 6,371,000Source | 6,879,000Source | 4,188,000Source |
| Investment Income, NetCNY | 3,085,000Source | 3,229,000Source | 7,209,000Source | 4,264,000Source |
| Labor and Related ExpenseCNY | 93,644,000Source | 90,472,000Source | 96,961,000Source | 108,057,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | -242,301,000Source | -589,527,000Source | 21,280,000Source | -65,554,000Source |
| Operating ExpensesUSD | 144,980,000Source | 208,733,000Source | 142,923,000Source | 140,259,000Source |
| Research and Development ExpenseUSD | 19,596,000Source | 22,609,000Source | 28,666,000Source | 34,084,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 217,844,000Source | 200,937,000Source | 210,993,000Source | 182,375,000Source |
| Selling and Marketing ExpenseUSD | — | 67,745,000Source | 73,304,000Source | 68,448,000Source |
Filing attachments
tm2624350d1_ex99-1.htm · 6-K · 2026-08-31
Exhibit 99.1 So-Young Reports Unaudited Second Quarter 2026 Financial Results BEIJING, China, August 31, 2026 - So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights Total revenues were RMB505.2 million (US$74.5 million1), an…
Read attachment ↗tm2622166d1_ex99-1.htm · 6-K · 2026-08-04
Exhibit 99.1 So-Young Announces Appointment of Chief Financial Officer BEIJING, August 4, 2026 - So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today announced that the board of directors of the Company (the “Board”) has appointed Ms. Nan Shen as the Company’s Chief Financial Officer, effective August 3, 2026. In her new role, Ms. Shen will oversee the Co…
Read attachment ↗tm2615455d1_ex99-1.htm · 6-K · 2026-05-22
Exhibit 99.1 So-Young Reports Unaudited First Quarter 2026 Financial Results BEIJING, China, May 22, 2026 - So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Total revenues were RMB432.8 million (US$62.7 million1), compa…
Read attachment ↗