Company Analysis

So-Young International Inc. American Depository Shares (SY)

Nasdaq: SY · Services-Computer Processing & Data Preparation · Beijing, CN · filing with the SEC since 2018
Grade4.7
◀ Past 6.5● Present 4.5▶ Future 3.4
2 est.

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017
Report filedApr 23, 2026Apr 18, 2025Apr 25, 2024Apr 25, 2023May 2, 2022Apr 30, 2021Apr 27, 2020··
Revenue1,523,4101,466,6981,498,0291,257,8741,692,4631,294,9881,151,637617,226259,305
For lenders
Provision for credit losses21,29139,74815,62913,224·····
Cost of revenue795,723567,585544,336393,292327,889212,206198,63091,56344,799
Gross profit727,687899,113953,693864,5821,364,5741,082,782953,007525,663214,506
Research and development137,040165,030203,524235,087286,567229,192177,26894,72632,557
Sales and marketing·494,493520,451472,092792,484726,297470,033306,360127,462
General and administrative·324,073290,765260,208252,214183,987160,53175,44229,725
Total operating expenses1,013,8641,523,6051,014,740967,3871,397,1441,139,476807,832476,528189,744
Operating income-286,177-624,492-61,047-102,805-32,570-56,694145,17549,13524,762
Interest and investment income23,55646,50748,84328,88319,32839,66945,04510,881176
Share of profit of equity-method investments-4,076-15,015-12,723-17,223-1,522-4,279··-3,850
Other income (expense), net12,9021,13121,8988,24612,0448,91634,776990-12,222
Income before income taxes-246,109-588,0877,869-87,072-16,40593226,45958,25413,221
Income tax expense796-905-18,075-20,96521,231-4,78449,7353,171-3,981
Net income including non-controlling interests-246,905-587,18225,944-66,107-37,6364,877176,72455,08317,202
Net income to non-controlling interests-4,6042,3454,664-553-29,265-930···
Net income-242,301-589,52721,280-65,554-8,3715,807176,72455,08317,202
Net income to common shareholders-242,301-589,52721,280-65,554-8,3715,807126,505-49,128-11,319
Weighted average shares, basic77,863,69879,384,45477,646,89982,665,26981,680,50481,534,99159,357,93524,555,42726,882,387
Weighted average shares, diluted77,863,69879,384,45478,054,95082,665,26981,680,50483,781,40663,309,09124,555,42726,882,387
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SY · research, not advice