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SY · NASDAQ · Medical - Healthcare Information Services

So-Young International (ADR)

Connects medical-aesthetics information, reservations, branded centers, and supply-chain services in China.

$2.73
Pre-market−0.19 (−6.51%)
At close$2.92(+21.67%)
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Profile

So-Young International Inc.SYHealth Care

Provides information, community content, and offline reservations for medical-aesthetic treatments in China. The model combines an online platform with branded aesthetic centers and medical-product supply-chain services.

Connects people considering medical-aesthetic treatments with information, community content, and offline reservations in China. Information and reservation services remain the core of its online platform, which began as a place to research treatments and share experiences.

Combines that platform with branded aesthetic-treatment centers and supply-chain services for medical equipment and injectable products, extending its role across more of the treatment journey. Operations depend on digital-platform execution as well as the clinical, regulatory, and operating requirements of its offline network. The Cayman issuer uses contractual arrangements with affiliated entities in China.

Company facts

CEOXing Jin
ListedMay 2, 2019
ExchangeNASDAQ
HeadquartersBeijing, China
CountryChina
Employees1,800
CIK0001758530
ISINUS83356Q1085

Key statistics

Market cap$381.8M
EPS (ttm)−$0.2738
P/E (ttm)−10.63
ROE-15.8%
P/B1.76
P/S1.45
Dividend yieldDiv yield
Beta1.71vs XLV 0.29

Analysts

Price target$0.8000−72.5%Avg of 5 analysts
ConsensusBuy5 of 5 analysts

Target range

Ratings

Latest analyst notes

DateFirmActionPrior ratingRatingTarget
Jul 8, 2025CitigroupUpgradeNeutralBuy
Sep 23, 2024CitigroupDowngradeBuyNeutral$0.80

Earnings

Next report
Nov 23, 2026
in 83 days
EPS estimate
−$0.08
Revenue estimate
$77.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.07−$0.04−$0.04−$0.09−$0.13−$0.07−$0.03Pending
Estimate$0.09−$0.34−$0.33−$0.68−$0.10−$0.10−$0.09−$0.08
Surprise−177.8%+88.2%+88.0%+86.8%−33.5%+33.3%+65.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$50.6M$40.8M$52.8M$54.3M$65.9M$62.7M$74.4MPending
Estimate$293.8M$358.1M$386.6M$442.6M$62.4M$60.2M$70.4M$77.8M
Surprise−82.8%−88.6%−86.3%−87.7%+5.5%+4.2%+5.6%
Estimate−$0.08
ReportedDue Nov 23, 2026
Estimate$77.8M
ReportedDue Nov 23, 2026
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Financials

Debt to equity25.90%
Current ratio161.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$55.3M$54.9M$44.2M$56.4M$57.5M$67.6M$64.0M$75.0M
Net income$3.0M−$90.4M−$4.9M−$5.4M−$9.6M−$16.0M−$7.3M−$3.4M
Net margin5.5%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$696.9K−$89.1M−$6.5M−$7.0M−$10.8M−$15.1M−$8.6M−$6.5M
YoY growth−800.6%−1,652.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $126.2M · Total debt $56.3M · Total assets $398.7M · Shareholders' equity $217.4M

Revenue
$75.0M
Operating income
−$6.5M
Net income
−$3.4M

Reported in CNY, converted at the latest exchange rate

View details

Dividends

Next ex-date
Annual dividend
Dividend yield
Schedule

History

Ex-dateRecordPaidAmountNote
Apr 8, 2025Apr 8Apr 25$0.0265special dividend
Apr 11, 2024Apr 12Apr 29$0.06
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Ownership

Institutions35 holders · as of Mar 31, 202621.69%28.46M ADS
Otherremainder78.31%102.75M ADS

131.21M ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
TB Alternative Assets Ltd.Institution
7.01%3.07M A ADS · 3.07M A ADS · 3.07M A ADS13Fas of Mar 31, 2026
Morgan StanleyInstitution
3.08%1.35M A ADS · 1.35M A ADS · 1.35M A ADS13Fas of Mar 31, 2026
Barclays PLCInstitution
2.58%1.13M A ADS · 1.13M A ADS · 1.13M A ADS13Fas of Mar 31, 2026
Citigroup IncInstitution
2.37%1.04M A ADS · 1.04M A ADS · 1.04M A ADS13Fas of Mar 31, 2026
Kadensa Capital LtdInstitution
1.69%737,949 A ADS · 737,949 A ADS · 737,949 A ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

Not reported.