So-Young International Inc(NASDAQ:SY) 
So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments. Its platform enables users to discover content and share their own experience on medical aesthetics procedures, and leads users to reserve ...
Website: http://www.soyoung.com
Founded: 2013
Full Time Employees: 1,218
Sector: Healthcare
Industry: Health Information Services
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-11-17 | 2025-08-15 | 2025-05-16 | 2025-03-28 | 2024-12-31 | 2024-11-20 | 2024-08-23 | 2024-05-28 | 2024-03-20 | 2023-12-31 | 2023-11-20 | 2023-08-21 | 2023-05-22 | 2023-03-21 | 2022-12-31 | 2022-11-18 | 2022-08-16 | 2022-05-23 | 2022-03-25 | 2021-12-31 | 2021-11-19 | 2021-09-10 | 2021-05-19 | 2021-03-31 | 2020-12-31 | 2020-11-30 | 2020-08-31 | 2020-05-31 | 2020-03-31 | 2019-12-31 | 2019-08-31 | 2019-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net earnings per ordinary share | ||||||||||||||||||||||||||||||||
net earnings per ordinary share attributable to ordinary shareholder - basic | -830 | -460 | -7,700 | 57.5 | 260 | 240 | -270 | 230 | 12.5 | 240 | -150 | 380 | -292.5 | 30 | -390 | -340 | -340 | 80 | 700 | -550 | 470 | 10 | 30 | 890 | 290 | 370 | ||||||
net earnings per ordinary share attributable to ordinary shareholder - diluted | -830 | -460 | -7,700 | 57.5 | 260 | 240 | -270 | 230 | 12.5 | 240 | -150 | 380 | -292.5 | 30 | -390 | -340 | -330 | 80 | 690 | -550 | 460 | 10 | 30 | 840 | 320 | |||||||
net earnings per ads attributable to ordinary shareholders - basic | -640 | -350 | -5,920 | 45 | 200 | 180 | -210 | 180 | 10 | 180 | -120 | 290 | -225 | 20 | -300 | -260 | -180.08 | 60 | 540 | -420 | 360 | 10 | 20 | 680 | ||||||||
net earnings per ads attributable to ordinary shareholders - diluted | -640 | -350 | -5,920 | 45 | 200 | 180 | -210 | 180 | 10 | 180 | -120 | 290 | -225 | 20 | -300 | -260 | -180.08 | 60 | 530 | 350 | 10 | 20 | ||||||||||
weighted-average number of ordinary shares used in computing earnings per share, basic* | 77,472,293 | 78,562,865 | 78,905,617 | 79,384,454 | 79,493,819 | 79,586,926 | 79,551,454 | 76,584,151 | 77,646,899 | 76,842,709 | 77,310,426 | 79,850,312 | 82,925,288 | 82,665,269 | 82,946,796 | 82,709,017 | 82,079,975 | 81,304,182 | 81,680,504 | 80,895,891 | 82,403,282 | 82,118,661 | 81,904,047 | 81,534,991 | 81,629,610 | 81,489,978 | 81,116,329 | 79,030,547 | 59,357,935 | 56,496,834 | 23,290,940 | |
weighted-average number of ordinary shares used in computing earnings per share, diluted* | 77,472,293 | 78,562,865 | 78,905,617 | 79,384,454 | 79,708,518 | 79,899,412 | 79,551,454 | 77,011,890 | 78,054,950 | 77,210,781 | 77,310,426 | 79,850,312 | 83,083,826 | 82,665,269 | 83,027,281 | 82,709,017 | 82,079,975 | 81,304,182 | 81,680,504 | 81,471,931 | 83,023,318 | 82,118,661 | 84,108,250 | 83,781,406 | 84,069,327 | 83,677,136 | 81,116,329 | 82,942,043 | 63,309,091 | 60,744,127 | 26,662,151 | |
share-based compensation expenses included in: | ||||||||||||||||||||||||||||||||
cost of revenues | -35 | -124 | -30 | -34 | 55 | -165 | -805 | -979 | -979 | -2,007 | -104,479,000 | -2,634 | -5,830 | -5,830 | -4,814 | -3,791 | -4,333 | |||||||||||||||
sales and marketing expenses | -137 | -598 | -130 | -239 | -239 | -183 | -184 | -53 | -2,830 | -2,830 | -533 | -823 | -1,494 | -439 | -439 | -670 | -121,740,000 | -3,436 | -3,719 | -3,719 | -2,245 | -1,550 | -2,294 | |||||||||
general and administrative expenses | -2,199 | -4,286 | -1,404 | -1,731 | -1,731 | -1,328 | -2,015 | -24,453 | -13,190 | -13,190 | 11,164 | -15,546 | -6,018 | -4,337 | -4,337 | -4,521 | -61,794,000 | -7,914 | -32,259 | -32,259 | -10,032 | -7,246 | -7,168 | |||||||||
research and development expenses | -266 | -487 | -93 | -211 | -211 | -309 | -817 | -843 | -1,615 | -1,615 | -1,454 | -1,305 | -877 | -1,754 | -1,754 | -428 | -63,089,000 | -4,592 | -7,106 | -7,106 | -5,083 | -3,564 | -5,116 | |||||||||
weighted average number of ordinary shares used in computing earnings per share, basic* | 77,826,404 | |||||||||||||||||||||||||||||||
weighted average number of ordinary shares used in computing earnings per share, diluted* | 77,826,404 | |||||||||||||||||||||||||||||||
net loss per ordinary share | ||||||||||||||||||||||||||||||||
net loss per ordinary share attributable to ordinary shareholder - basic | -420 | -30 | -810 | |||||||||||||||||||||||||||||
net loss per ordinary share attributable to ordinary shareholder - diluted | -420 | -30 | -810 | |||||||||||||||||||||||||||||
net loss per ads attributable to ordinary shareholders - basic | -320 | -20 | -620 | |||||||||||||||||||||||||||||
net loss per ads attributable to ordinary shareholders - diluted | -320 | -20 | -620 | |||||||||||||||||||||||||||||
cost of services and others | -63.75 | -81 | -229 | -408.75 | -418 | -412 | ||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||
information services and others | 219,343,000 | |||||||||||||||||||||||||||||||
reservation services | 30,616,000 | 56,542,000 | 93,657,000 | |||||||||||||||||||||||||||||
sales of equipment and maintenance services | 59,120,000 | |||||||||||||||||||||||||||||||
total revenues | 309,079,000 | 182,554,000 | 358,174,000 | |||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||
qoq | -49.03% | |||||||||||||||||||||||||||||||
gross profit | 204,600,000 | 139,455,000 | 299,663,000 | |||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||
qoq | -53.46% | |||||||||||||||||||||||||||||||
gross margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 66.20% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 76.39% | 83.66% | NaN% | NaN% | NaN% |
operating expenses: | ||||||||||||||||||||||||||||||||
total operating expenses | -246,623,000 | |||||||||||||||||||||||||||||||
income from operations | -42,023,000 | 76,763,000 | ||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||
operating margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | -13.60% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 0% | 21.43% | NaN% | NaN% | NaN% |
other income/ | ||||||||||||||||||||||||||||||||
investment income | 1,068,000 | 2,975,000 | 4,144,000 | |||||||||||||||||||||||||||||
interest income | 5,347,000 | 13,592,000 | 13,517,000 | |||||||||||||||||||||||||||||
exchange gains | -600,000 | 63,000 | 441,000 | |||||||||||||||||||||||||||||
share of income/(losses) of equity method investee | -833,000 | |||||||||||||||||||||||||||||||
others | 4,425,000 | 8,089,000 | ||||||||||||||||||||||||||||||
income before tax | -32,616,000 | 98,954,000 | ||||||||||||||||||||||||||||||
income tax (expenses)/benefit | 55,000 | 4,298,000 | ||||||||||||||||||||||||||||||
net income | -32,561,000 | 69,945,000 | 29,274,000 | |||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||
net income margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | -10.53% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 0% | 19.53% | NaN% | Infinity% | NaN% |
net loss attributable to noncontrolling interests | 265,000 | |||||||||||||||||||||||||||||||
net income attributable to so-young international inc. | -32,296,000 | |||||||||||||||||||||||||||||||
net income per ordinary share | ||||||||||||||||||||||||||||||||
netearnings per ads attributable to ordinary shareholders - diluted | -420 | |||||||||||||||||||||||||||||||
information services | 126,012,000 | 264,517,000 | ||||||||||||||||||||||||||||||
impairment of long-term investments | ||||||||||||||||||||||||||||||||
share of losses of equity method investee | ||||||||||||||||||||||||||||||||
accretions of convertible redeemable preferred shares to redemption value | ||||||||||||||||||||||||||||||||
net income attributable to ordinary shareholders of the company | 69,945,000 | |||||||||||||||||||||||||||||||
net earnings per ads attributable to ordinary shareholders -diluted | 650 | |||||||||||||||||||||||||||||||
selling and marketing expenses | ||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||
impairment of long-term investment | ||||||||||||||||||||||||||||||||
income tax expenses | ||||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||
foreign currency translation adjustment | 39,766,000 | |||||||||||||||||||||||||||||||
total other comprehensive income | 39,766,000 | |||||||||||||||||||||||||||||||
total comprehensive income | 69,040,000 | |||||||||||||||||||||||||||||||
comprehensive income attributable to ordinary shareholders of the company | 56,160,000 | |||||||||||||||||||||||||||||||
net earnings per ordinary share attributable to ordinary shareholder — diluted | 270 | |||||||||||||||||||||||||||||||
net earnings per ads attributable to ordinary shareholders — basic | 220 | 280 | ||||||||||||||||||||||||||||||
net earnings per ads attributable to ordinary shareholders —diluted | 210 | |||||||||||||||||||||||||||||||
net earnings per ads attributable to ordinary shareholders — diluted | 250 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-11-30 | 2020-09-30 | 2020-08-31 | 2020-06-30 | 2020-05-31 | 2020-03-31 | 2019-05-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||
cash and cash equivalents | 333,372,000 | 380,907,000 | 444,730,000 | 587,749,000 | 467,407,000 | 456,927,000 | 448,036,000 | 426,119,000 | 815,849,000 | 694,420,000 | 713,646,000 | 1,471,756,000 | 1,564,352,000 | 1,331,968,000 | 1,576,173,000 | 1,148,808,000 | 1,127,055,000 | 1,127,055,000 | 552,153,000 | 552,153,000 | 1,574,120,000 | 1,574,120,000 | 916,382,000 | 916,382,000 | 709,881,000 | 440,859,000 |
restricted cash and term deposits | 67,579,000 | 84,996,000 | 86,230,000 | 66,367,000 | 104,198,000 | 83,224,000 | 22,176,000 | 14,695,000 | 16,293,000 | 14,908,000 | 17,920,000 | 16,504,000 | 17,922,000 | 15,119,000 | 24,865,000 | 29,141,000 | 21,865,000 | 21,865,000 | 25,176,000 | 25,176,000 | ||||||
trade receivables | 69,750,000 | 78,199,000 | 91,511,000 | 98,774,000 | 106,943,000 | 81,585,000 | 57,812,000 | 57,219,000 | 41,157,000 | 36,006,000 | 42,299,000 | 40,686,000 | 42,126,000 | 54,829,000 | 90,271,000 | 85,796,000 | 52,871,000 | 52,871,000 | 46,110,000 | 46,110,000 | 39,288,000 | 39,288,000 | 33,370,000 | 33,370,000 | 14,212,000 | |
inventories | 193,951,000 | 242,415,000 | 175,301,000 | 151,754,000 | 145,601,000 | 143,374,000 | 126,533,000 | 118,924,000 | 119,486,000 | 120,480,000 | 105,194,000 | 94,614,000 | 89,065,000 | 91,812,000 | ||||||||||||
receivables from online payment platforms | 22,395,000 | 23,218,000 | 27,733,000 | 24,255,000 | 31,666,000 | 20,819,000 | 31,386,000 | 23,158,000 | 21,441,000 | 14,787,000 | 18,879,000 | 15,760,000 | 17,225,000 | 18,864,000 | 18,086,000 | 10,125,000 | 16,182,000 | 16,182,000 | 15,416,000 | 15,416,000 | 16,359,000 | 16,359,000 | 8,522,000 | 8,522,000 | 14,131,000 | |
amounts due from related parties | 154,000 | 2,620,000 | 723,000 | 1,218,000 | 10,466,000 | 10,292,000 | 10,185,000 | 9,212,000 | 17,064,000 | 33,382,000 | 28,758,000 | 28,502,000 | 28,139,000 | 14,038,000 | 455,000 | 2,384,000 | 7,764,000 | 7,764,000 | 8,186,000 | 8,186,000 | 10,573,000 | 10,573,000 | 10,081,000 | 10,081,000 | ||
term deposits and short-term investments | 541,874,000 | 532,696,000 | 575,234,000 | 599,041,000 | 681,035,000 | 704,979,000 | 874,890,000 | 900,823,000 | 648,020,000 | 875,955,000 | 908,718,000 | 110,592,000 | 110,854,000 | 408,946,000 | 234,288,000 | 1,084,587,000 | 1,527,088,000 | 1,527,088,000 | 2,232,412,000 | 2,232,412,000 | 1,293,093,000 | 1,293,093,000 | 1,826,565,000 | 1,826,565,000 | 560,618,000 | 81,258,000 |
prepayment and other current assets | 251,268,000 | 250,557,000 | 215,628,000 | 195,202,000 | 221,227,000 | 237,267,000 | 177,620,000 | 171,774,000 | 127,647,000 | 126,889,000 | 147,877,000 | 127,079,000 | 83,791,000 | 91,842,000 | 95,472,000 | 93,755,000 | 43,190,000 | 43,190,000 | 51,427,000 | 51,427,000 | 49,326,000 | 49,326,000 | 66,650,000 | 66,650,000 | 52,510,000 | |
total current assets | 1,480,343,000 | 1,595,608,000 | 1,617,090,000 | 1,724,360,000 | 1,768,543,000 | 1,738,467,000 | 1,748,638,000 | 1,721,924,000 | 1,806,957,000 | 1,916,827,000 | 1,983,291,000 | 1,905,493,000 | 1,953,474,000 | 2,027,418,000 | 2,130,860,000 | 2,454,596,000 | 2,796,015,000 | 2,796,015,000 | 2,930,880,000 | 2,930,880,000 | 2,998,762,000 | 2,998,762,000 | 2,877,166,000 | 2,877,166,000 | 1,356,485,000 | 552,438,000 |
non-current assets: | ||||||||||||||||||||||||||
long-term investments | 277,056,000 | 277,642,000 | 277,443,000 | 280,281,000 | 287,507,000 | 278,546,000 | 256,020,000 | 261,016,000 | 244,015,000 | 227,959,000 | 234,073,000 | 250,988,000 | 251,398,000 | 252,500,000 | 253,373,000 | 223,753,000 | 166,100,000 | 166,100,000 | 41,235,000 | 41,235,000 | 42,878,000 | 42,878,000 | 44,294,000 | 44,294,000 | 14,813,000 | |
intangible assets | 131,511,000 | 126,561,000 | 127,976,000 | 126,615,000 | 131,641,000 | 133,104,000 | 139,142,000 | 145,253,000 | 163,110,000 | 169,280,000 | 175,594,000 | 181,881,000 | 187,818,000 | 193,955,000 | 166,727,000 | 56,838,000 | 60,029,000 | 60,029,000 | 41,166,000 | 41,166,000 | 42,289,000 | 42,289,000 | 43,520,000 | 43,520,000 | ||
goodwill | 684,000 | 684,000 | 684,000 | 684,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 540,693,000 | 589,193,000 | 49,183,000 | 48,500,000 | 48,500,000 | ||||||||
property and equipment | 270,793,000 | 196,252,000 | 169,776,000 | 155,352,000 | 154,572,000 | 137,162,000 | 113,159,000 | 116,782,000 | 115,112,000 | 116,184,000 | 115,321,000 | 120,433,000 | 122,779,000 | 124,576,000 | 126,582,000 | 25,523,000 | 29,830,000 | 29,830,000 | 32,181,000 | 32,181,000 | 31,838,000 | 31,838,000 | 31,220,000 | 31,220,000 | 3,528,000 | |
deferred tax assets | 84,607,000 | 83,805,000 | 84,870,000 | 84,950,000 | 81,057,000 | 80,626,000 | 79,621,000 | 78,034,000 | 64,990,000 | 64,739,000 | 53,828,000 | 47,882,000 | 47,524,000 | 47,520,000 | 60,072,000 | 55,520,000 | 55,520,000 | 55,520,000 | 37,708,000 | 37,708,000 | 37,708,000 | 37,708,000 | 37,708,000 | 37,708,000 | 24,457,000 | |
operating lease right-of-use assets | 219,185,000 | 196,677,000 | 181,065,000 | 162,764,000 | 159,179,000 | 139,885,000 | 122,035,000 | 118,408,000 | 53,870,000 | 62,898,000 | 71,533,000 | 82,667,000 | 88,813,000 | 95,609,000 | 101,438,000 | 105,031,000 | 120,140,000 | 120,140,000 | 127,885,000 | 127,885,000 | 135,398,000 | 135,398,000 | 142,754,000 | 142,754,000 | ||
other non-current assets | 179,943,000 | 172,937,000 | 185,606,000 | 200,152,000 | 180,628,000 | 183,546,000 | 189,442,000 | 232,455,000 | 105,646,000 | 99,293,000 | 142,756,000 | 105,828,000 | 57,694,000 | 48,097,000 | 168,144,000 | 141,829,000 | 15,878,000 | 15,878,000 | 14,737,000 | 14,737,000 | 14,651,000 | 14,651,000 | 14,079,000 | 14,079,000 | 13,083,000 | |
total non-current assets | 1,163,779,000 | 1,054,558,000 | 1,027,420,000 | 1,010,798,000 | 1,535,277,000 | 1,493,562,000 | 1,440,112,000 | 1,492,641,000 | 1,287,436,000 | 1,281,046,000 | 1,333,798,000 | 1,330,372,000 | 1,296,719,000 | 1,302,950,000 | 1,465,529,000 | 657,677,000 | 495,997,000 | 495,997,000 | 309,292,000 | 309,292,000 | 304,762,000 | 304,762,000 | 313,575,000 | 313,575,000 | 238,678,000 | |
total assets | 2,644,122,000 | 2,650,166,000 | 2,644,510,000 | 2,735,158,000 | 3,303,820,000 | 3,232,029,000 | 3,188,750,000 | 3,214,565,000 | 3,094,393,000 | 3,197,873,000 | 3,317,089,000 | 3,235,865,000 | 3,250,193,000 | 3,330,368,000 | 3,596,389,000 | 3,112,273,000 | 3,292,012,000 | 3,292,012,000 | 3,240,172,000 | 3,240,172,000 | 3,303,524,000 | 3,303,524,000 | 3,190,741,000 | 3,190,741,000 | 1,595,163,000 | 568,385,000 |
liabilities | ||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||
short-term borrowings | 39,858,000 | 59,801,000 | 59,720,000 | 69,771,000 | 89,559,000 | 39,713,000 | 29,931,000 | 29,825,000 | ||||||||||||||||||
taxes payable | 41,578,000 | 46,623,000 | 53,292,000 | 61,862,000 | 53,639,000 | 57,567,000 | 56,128,000 | 56,894,000 | 60,101,000 | 74,580,000 | 63,826,000 | 51,866,000 | 50,250,000 | 48,571,000 | 62,481,000 | 41,101,000 | 60,070,000 | 60,070,000 | 39,289,000 | 39,289,000 | 39,145,000 | 39,145,000 | 47,731,000 | 47,731,000 | 35,003,000 | |
contract liabilities | 75,785,000 | 70,362,000 | 74,416,000 | 76,579,000 | 94,747,000 | 95,656,000 | 97,798,000 | 103,374,000 | 111,095,000 | 110,159,000 | 134,271,000 | 127,415,000 | 139,321,000 | 139,155,000 | 162,449,000 | 121,991,000 | 135,385,000 | 135,385,000 | 116,627,000 | 116,627,000 | 96,873,000 | 96,873,000 | 85,921,000 | 85,921,000 | 145,698,000 | |
salary and welfare payables | 107,174,000 | 58,883,000 | 55,453,000 | 111,396,000 | 84,927,000 | 79,716,000 | 52,662,000 | 86,290,000 | 62,013,000 | 72,532,000 | 87,214,000 | 75,268,000 | 73,442,000 | 103,624,000 | 131,306,000 | 94,372,000 | 95,758,000 | 95,758,000 | 77,880,000 | 77,880,000 | 90,414,000 | 90,414,000 | 72,530,000 | 72,530,000 | 69,344,000 | |
amounts due to related parties | 618,000 | 569,000 | 569,000 | 477,000 | 146,000 | 138,000 | 164,000 | 388,000 | 174,000 | 5,895,000 | 185,000 | 47,000 | 57,000 | 681,000 | 739,000 | 2,066,000 | 2,404,000 | 2,404,000 | 2,379,000 | 2,379,000 | 2,300,000 | 2,300,000 | 2,455,000 | 2,455,000 | ||
accrued expenses and other current liabilities | 341,827,000 | 330,237,000 | 272,981,000 | 265,216,000 | 244,721,000 | 249,175,000 | 237,337,000 | 233,913,000 | 233,768,000 | 224,589,000 | 351,476,000 | 354,381,000 | 385,434,000 | 376,841,000 | 557,270,000 | 297,440,000 | 237,785,000 | 237,785,000 | 228,912,000 | 228,912,000 | 226,159,000 | 226,159,000 | 159,987,000 | 159,987,000 | 89,522,000 | |
operating lease liabilities-current | 65,765,000 | 58,649,000 | 51,876,000 | 44,905,000 | 40,398,000 | 27,482,000 | 26,261,000 | 29,739,000 | 50,833,000 | 50,285,000 | 49,831,000 | 52,341,000 | 48,115,000 | 43,529,000 | 41,476,000 | 38,868,000 | 39,468,000 | 39,468,000 | 39,696,000 | 39,696,000 | 44,276,000 | 44,276,000 | 40,106,000 | 40,106,000 | ||
total current liabilities | 672,605,000 | 625,124,000 | 587,343,000 | 630,206,000 | 608,137,000 | 549,447,000 | 543,854,000 | 540,423,000 | 517,984,000 | 538,040,000 | 686,803,000 | 661,318,000 | 696,619,000 | 712,401,000 | 955,721,000 | 595,838,000 | 570,870,000 | 570,870,000 | 504,783,000 | 504,783,000 | 499,167,000 | 499,167,000 | 408,730,000 | 408,730,000 | 377,249,000 | |
non-current liabilities: | ||||||||||||||||||||||||||
operating lease liabilities-non current | 159,970,000 | 145,238,000 | 135,662,000 | 125,200,000 | 124,915,000 | 114,478,000 | 95,560,000 | 86,210,000 | 9,033,000 | 20,972,000 | 32,685,000 | 42,735,000 | 52,496,000 | 62,356,000 | 72,016,000 | 80,141,000 | 93,044,000 | 93,044,000 | 102,124,000 | 102,124,000 | 111,383,000 | 111,383,000 | 117,203,000 | 117,203,000 | ||
deferred tax liabilities | 18,004,000 | 17,973,000 | 19,095,000 | 19,758,000 | 20,780,000 | 21,342,000 | 23,356,000 | 25,082,000 | 29,154,000 | 30,993,000 | 33,145,000 | 35,478,000 | 36,770,000 | 38,577,000 | 30,461,000 | 7,981,000 | 8,522,000 | 8,522,000 | 8,797,000 | 8,797,000 | 9,072,000 | 9,072,000 | 9,574,000 | 9,574,000 | ||
other non-current liabilities | 2,235,000 | 1,736,000 | 1,504,000 | 1,264,000 | 1,607,000 | 1,610,000 | 1,855,000 | 1,536,000 | 2,038,000 | |||||||||||||||||
total non-current liabilities | 180,209,000 | 164,947,000 | 156,261,000 | 146,222,000 | 147,302,000 | 137,430,000 | 120,771,000 | 112,828,000 | 40,225,000 | 51,965,000 | 65,830,000 | 78,213,000 | 89,266,000 | 100,933,000 | 102,477,000 | 88,122,000 | 101,566,000 | 101,566,000 | 110,921,000 | 110,921,000 | 120,455,000 | 120,455,000 | 126,777,000 | 126,777,000 | ||
total liabilities | 852,814,000 | 790,071,000 | 743,604,000 | 776,428,000 | 755,439,000 | 686,877,000 | 664,625,000 | 653,251,000 | 558,209,000 | 590,005,000 | 752,633,000 | 739,531,000 | 785,885,000 | 813,334,000 | 1,058,198,000 | 683,960,000 | 672,436,000 | 672,436,000 | 615,704,000 | 615,704,000 | 619,622,000 | 619,622,000 | 535,507,000 | 535,507,000 | 521,090,000 | 140,927,000 |
shareholders’ equity: | ||||||||||||||||||||||||||
treasury stock | -391,944,000 | -391,944,000 | -382,718,000 | -376,690,000 | -369,907,000 | -365,451,000 | -359,089,000 | -358,453,000 | -295,365,000 | -232,835,000 | -217,712,000 | -217,712,000 | -217,712,000 | -217,712,000 | -217,712,000 | |||||||||||
class a ordinary shares | 255,000 | 254,000 | 253,000 | 253,000 | 252,000 | 251,000 | 250,000 | 238,000 | 236,000 | 236,000 | 232,000 | 232,000 | 230,000 | 230,000 | 229,000 | 224,000 | 224,000 | 224,000 | 224,000 | 224,000 | 224,000 | 222,000 | 222,000 | 37,000 | ||
class b ordinary shares | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 37,000 | 35,000 | ||
additional paid-in capital | 3,060,605,000 | 3,057,951,000 | 3,052,436,000 | 3,069,799,000 | 3,067,567,000 | 3,065,650,000 | 3,062,378,000 | 3,080,433,000 | 3,053,249,000 | 3,043,971,000 | 3,035,807,000 | 3,028,134,000 | 3,018,184,000 | 2,999,562,000 | 2,950,370,000 | 2,892,268,000 | 2,892,268,000 | 2,867,740,000 | 2,867,740,000 | 2,842,132,000 | 2,842,132,000 | 2,813,823,000 | 2,813,823,000 | |||
statutory reserves | 40,552,000 | 40,552,000 | 40,552,000 | 40,552,000 | 33,855,000 | 33,855,000 | 33,855,000 | 33,855,000 | 29,027,000 | 29,027,000 | 20,587,000 | 20,331,000 | 20,331,000 | 20,331,000 | 10,562,000 | 10,562,000 | 10,562,000 | 10,562,000 | 10,562,000 | 10,562,000 | 10,562,000 | 10,562,000 | ||||
accumulated deficit | -1,059,842,000 | -995,567,000 | -959,528,000 | -926,390,000 | -312,117,000 | -332,465,000 | -351,406,000 | -330,166,000 | -358,566,000 | -346,618,000 | -369,451,000 | -371,505,000 | -339,209,000 | -272,368,000 | -234,863,000 | -254,228,000 | ||||||||||
accumulated other comprehensive income | 20,874,000 | 27,977,000 | 30,279,000 | 31,560,000 | 8,858,000 | 23,934,000 | 19,861,000 | 18,185,000 | 4,107,000 | -52,492,000 | 38,780,000 | 38,780,000 | 124,725,000 | 124,725,000 | 126,508,000 | 126,508,000 | 20,221,000 | |||||||||
total so-young international inc. shareholders’ equity | 1,670,537,000 | 1,739,260,000 | 1,781,311,000 | 1,839,121,000 | 2,428,545,000 | 2,425,811,000 | 2,405,886,000 | 2,444,129,000 | 2,418,415,000 | 2,497,925,000 | 2,493,995,000 | 2,426,012,000 | 2,393,821,000 | 2,446,189,000 | 2,441,543,000 | |||||||||||
non-controlling interests | 120,771,000 | 120,835,000 | 119,595,000 | 119,609,000 | 119,836,000 | 119,341,000 | 118,239,000 | 117,185,000 | 117,769,000 | 109,943,000 | 70,461,000 | 70,322,000 | 70,487,000 | 70,845,000 | 77,187,000 | |||||||||||
total shareholders’ equity | 1,791,308,000 | 1,860,095,000 | 1,900,906,000 | 1,958,730,000 | 2,548,381,000 | 2,545,152,000 | 2,524,125,000 | 2,561,314,000 | 2,536,184,000 | 2,607,868,000 | 2,564,456,000 | 2,496,334,000 | 2,464,308,000 | 2,517,034,000 | 2,518,730,000 | 2,596,371,000 | 2,596,371,000 | 2,624,468,000 | 2,624,468,000 | 2,683,902,000 | 2,683,902,000 | 2,655,234,000 | 2,655,234,000 | |||
total liabilities and shareholders’ equity | 2,644,122,000 | 2,650,166,000 | 2,644,510,000 | 2,735,158,000 | 3,303,820,000 | 3,232,029,000 | 3,188,750,000 | 3,214,565,000 | 3,094,393,000 | 3,317,089,000 | 3,235,865,000 | 3,250,193,000 | 3,240,172,000 | 3,240,172,000 | 3,303,524,000 | 3,303,524,000 | 3,190,741,000 | 3,190,741,000 | ||||||||
revenues: | ||||||||||||||||||||||||||
aesthetic treatment services | 183,610,000 | |||||||||||||||||||||||||
information and reservation services | 117,213,000 | |||||||||||||||||||||||||
sales of medical products and maintenance services | 66,956,000 | |||||||||||||||||||||||||
other services | 18,891,000 | |||||||||||||||||||||||||
total revenues | 386,670,000 | 325,146,000 | 323,303,000 | 309,079,000 | 449,523,000 | |||||||||||||||||||||
cost of revenues: | ||||||||||||||||||||||||||
cost of aesthetic treatment services | -140,098,000 | |||||||||||||||||||||||||
cost of information and reservation services | -12,897,000 | |||||||||||||||||||||||||
cost of medical products sold and maintenance services | -35,599,000 | |||||||||||||||||||||||||
cost of other services | -15,208,000 | |||||||||||||||||||||||||
total cost of revenues | -203,802,000 | |||||||||||||||||||||||||
gross profit | 182,868,000 | 236,944,000 | 229,275,000 | 204,600,000 | 322,433,000 | |||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||
sales and marketing expenses | -130,704,000 | -98,358,000 | -124,781,000 | -121,740,000 | -152,656,000 | |||||||||||||||||||||
general and administrative expenses | -88,560,000 | -73,175,000 | -59,847,000 | -61,794,000 | -85,852,000 | |||||||||||||||||||||
research and development expenses | -36,318,000 | -41,066,000 | -51,998,000 | -63,089,000 | -67,519,000 | |||||||||||||||||||||
total operating expenses | -255,582,000 | -212,599,000 | -236,626,000 | -246,623,000 | -371,906,000 | |||||||||||||||||||||
income/(loss) from operations | -72,714,000 | -7,351,000 | -42,023,000 | |||||||||||||||||||||||
other income/ | ||||||||||||||||||||||||||
investment income | 866,000 | 267,000 | 493,000 | 1,068,000 | 927,000 | |||||||||||||||||||||
interest income | 5,130,000 | 10,276,000 | 10,061,000 | 5,347,000 | 3,654,000 | |||||||||||||||||||||
exchange gains | 2,293,000 | |||||||||||||||||||||||||
share of losses of equity method investee | -6,000 | -6,215,000 | -9,106,000 | |||||||||||||||||||||||
others | 735,000 | 646,000 | -781,000 | 4,425,000 | 2,208,000 | |||||||||||||||||||||
income/(loss) before tax | -63,696,000 | -14,605,000 | -32,616,000 | |||||||||||||||||||||||
income tax (expenses)/benefits | -1,143,000 | 16,486,000 | ||||||||||||||||||||||||
net income/ | -64,839,000 | 1,881,000 | -32,561,000 | |||||||||||||||||||||||
net (income)/loss attributable to noncontrolling interests | 564,000 | |||||||||||||||||||||||||
net income/(loss) attributable to so-young international inc. | -64,275,000 | 2,310,000 | -32,296,000 | |||||||||||||||||||||||
dividend payable | 19,036,000 | 43,573,000 | ||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||
non-current liabilities | ||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||
accumulated other comprehensive income/ | -10,203,000 | |||||||||||||||||||||||||
information services and others | 233,877,000 | 235,723,000 | 219,343,000 | 344,315,000 | ||||||||||||||||||||||
reservation services | 25,966,000 | 29,733,000 | 30,616,000 | 41,372,000 | ||||||||||||||||||||||
sales of equipment and maintenance services | 65,303,000 | 57,847,000 | 59,120,000 | 63,836,000 | ||||||||||||||||||||||
cost of revenues | -88,202,000 | -94,028,000 | -104,479,000 | -127,090,000 | ||||||||||||||||||||||
(loss)/income from operations | 24,345,000 | |||||||||||||||||||||||||
exchange gain | 23,000 | |||||||||||||||||||||||||
(loss)/income before tax | 29,342,000 | |||||||||||||||||||||||||
income tax benefits | 2,423,000 | |||||||||||||||||||||||||
net (loss)/income | 31,765,000 | |||||||||||||||||||||||||
net income/(income) attributable to noncontrolling interests | -492,000 | |||||||||||||||||||||||||
net (loss)/income attributable to so-young international inc. | 31,273,000 | |||||||||||||||||||||||||
total liabilities and shareholders' equity | 3,197,873,000 | |||||||||||||||||||||||||
accumulated other comprehensive (loss)/income | 24,495,000 | |||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||
exchange (losses)/gains | 24,000 | |||||||||||||||||||||||||
impairment of long-term investment | -7,945,000 | |||||||||||||||||||||||||
net income attributable to noncontrolling interests | 429,000 | 265,000 | 25,806,000 | |||||||||||||||||||||||
accumulated other comprehensive loss | -33,505,000 | -88,040,000 | -83,891,000 | -67,080,000 | ||||||||||||||||||||||
exchange gains/ | -600,000 | |||||||||||||||||||||||||
share of income/(losses) of equity method investee | -833,000 | |||||||||||||||||||||||||
income tax (expenses)/benefit | 55,000 | |||||||||||||||||||||||||
net income/(loss) per ordinary share | ||||||||||||||||||||||||||
net earnings/(loss) per ordinary share attributable to ordinary shareholder - basic | -390 | |||||||||||||||||||||||||
net earnings/(loss) per ordinary share attributable to ordinary shareholder - diluted | -390 | |||||||||||||||||||||||||
net earnings/ | -300 | |||||||||||||||||||||||||
weighted-average number of ordinary shares used in computing earnings/(loss) per share, basic* | 82,709,017,000 | |||||||||||||||||||||||||
weighted-average number of ordinary shares used in computing earnings/(loss) per share, diluted* | 82,709,017,000 | |||||||||||||||||||||||||
share-based compensation expenses included in: | ||||||||||||||||||||||||||
impairment of goodwill and intangible assets | -65,879,000 | |||||||||||||||||||||||||
income from operations | -49,473,000 | |||||||||||||||||||||||||
exchange (losses)/gain | 33,000 | |||||||||||||||||||||||||
share of gain/(losses) of equity method investee | -746,000 | |||||||||||||||||||||||||
income before tax | -43,397,000 | |||||||||||||||||||||||||
income tax benefit/ | -10,145,000 | |||||||||||||||||||||||||
net income | -53,542,000 | |||||||||||||||||||||||||
net income attributable to so-young international inc. | -27,736,000 | |||||||||||||||||||||||||
mezzanine equity | ||||||||||||||||||||||||||
redeemable non-controlling interests | 19,461,000 | 20,642,000 | 23,205,000 | 23,205,000 | ||||||||||||||||||||||
total mezzanine equity | 19,461,000 | 20,642,000 | 23,205,000 | 23,205,000 | 1,433,288,000 | 594,421,000 | ||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ equity | 3,330,368,000 | 3,596,389,000 | 3,292,012,000 | 3,292,012,000 | ||||||||||||||||||||||
inventory | 91,250,000 | |||||||||||||||||||||||||
6 | ||||||||||||||||||||||||||
contingencies and commitment | ||||||||||||||||||||||||||
statutory reserve | 10,562,000 | |||||||||||||||||||||||||
prepayment for long-term investment | 14,380,000 | 14,380,000 | 11,500,000 | |||||||||||||||||||||||
restricted cash | 16,003,000 | 16,003,000 | 15,596,000 | 15,596,000 | 4,793,000 | |||||||||||||||||||||
amount due from related parties | 340,000 | |||||||||||||||||||||||||
operating lease right-of-use assets1 | 171,297,000 | |||||||||||||||||||||||||
amount due to related parties | ||||||||||||||||||||||||||
operating lease liabilities-current1 | 37,682,000 | |||||||||||||||||||||||||
operating lease liabilities-non current1 | 143,841,000 | |||||||||||||||||||||||||
mezzanine equity: | ||||||||||||||||||||||||||
series a convertible redeemable preferred shares | 31,253,000 | |||||||||||||||||||||||||
series b convertible redeemable preferred shares | 101,862,000 | |||||||||||||||||||||||||
series c-1 convertible redeemable preferred shares | 18,236,000 | |||||||||||||||||||||||||
series c convertible redeemable preferred shares | 165,222,000 | |||||||||||||||||||||||||
series d convertible redeemable preferred shares | 433,687,000 | |||||||||||||||||||||||||
series d+ convertible redeemable preferred shares | 183,037,000 | |||||||||||||||||||||||||
series e convertible redeemable preferred shares | 499,991,000 | |||||||||||||||||||||||||
shareholders’ deficit: | ||||||||||||||||||||||||||
total shareholders’ deficit | ||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ deficit | 1,595,163,000 | |||||||||||||||||||||||||
selected consolidated balance sheet data: | ||||||||||||||||||||||||||
ordinary shares | 83,000 | |||||||||||||||||||||||||
total shareholders’ (deficit)/equity |
Cashflow Statements:
Quarterly
Annual
| Unit: USD |
|---|