So-Young International Inc. (SY) Stock

About So-Young International Inc.

So-Young International Inc. manages a digital platform specializing in medical aesthetics and elective healthcare services, serving customers in the People's Republic of China and globally. This online ecosystem enables users to explore content, share personal experiences regarding medical aesthetic procedures, and book in-person treatments with various medical aesthetic service providers. The platform also offers resources for researching treatment trends, features ratings and reviews of treatment experiences, and publishes blogs under headings like "Beauty Diaries." Beyond cosmetic enhancements, So-Young facilitates reservations for a broader spectrum of healthcare needs, including dermatology, dentistry (with orthodontics), ophthalmology, comprehensive physical examinations, gynecology, human papillomavirus vaccinations, and postnatal support. The company also supplies Software-as-a-Service (SaaS) solutions and provides guidance and training programs to medical service providers. Its offerings extend to internet information and technology advisory, management consulting, and internet culture services. Furthermore, So-Young is involved in the sale of medical equipment, equipment manufacturing, sales, and agency services, as well as microfinance. As of December 31, 2021, its platform had established connections with approximately 8,400 medical aesthetic service providers and an additional 5,000 providers offering other consumption-focused healthcare services. Established in 2013, So-Young International Inc. maintains its corporate headquarters in Beijing, China.

So-Young International Inc. is headquartered in CN.

So-Young International Inc. (SY) stock trades at $2.57 with a market capitalization of $337.21M. The stock is valued at a negative price-to-earnings (P/E) ratio of -9.36, reflecting a net loss over the last twelve months, price-to-book of 1.55, price-to-sales of 1.27. Over the past 52 weeks the stock has ranged between $1.28 and $4.75, and currently trades 45.9% below its 52-week high.

On profitability, So-Young International Inc. generates a return on equity (ROE) of -15.75% (negative, reflecting a net loss), return on capital employed of -15.55%, an operating margin of -15.52%, a net profit margin of -13.70%.

Official website: www.soyoung.com

So-Young International Inc. by the numbers, 2016–2025

Between 2016 and 2025 So-Young International Inc. reported revenue of $49.0M rising to $1.5B, a change of +2924.5% across 10 years. Compounded, revenue has grown 2.7% a year over five years, 5.6% over three, 1.0% over the last twelve months. Net profit fell to $-236.0M.

Operating margin went from -151.3% in 2016 to -17.5% in 2025, a gain of 133.8 percentage points. The most recent net margin is -13.70%. On a trailing twelve-month basis to Jun '26, revenue is $1.8B and net profit $-243.0M.

Borrowings stand at $300.0M, cash on hand is $848.5M, cash from operations was $-105.0M in the latest year, positive in 6 of the last 10.

Return on equity has averaged -9.9% over five years, and was -15.2% in the most recent year.

The share price itself has compounded at -8.6% a year over five years, 41.5% over three, -35.3% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

So-Young International Inc. (SY) — frequently asked questions