So-Young International Inc. | Small-cap | Healthcare

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.5B
Gross Profit 899.1M 61.30%
Operating Income -84.5M -5.76%
Net Income -587.2M -40.03%
EPS (Diluted) -$5.72

Balance Sheet Metrics

Total Assets 2.7B
Total Liabilities 776.4M
Shareholders Equity 2.0B
Debt to Equity 0.40

Cash Flow Metrics

Operating Cash Flow -669.8M
Free Cash Flow -88.2M

Revenue & Profitability Trend

So-Young Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue1.5B1.5B1.3B1.7B1.3B
Cost of Goods Sold567.6M544.3M393.3M327.9M212.2M
Gross Profit899.1M953.7M864.6M1.4B1.1B
Operating Expenses983.6M1.0B967.4M1.3B1.1B
Operating Income-84.5M-61.0M-102.8M33.3M-56.7M
Pre-tax Income-588.1M7.9M-87.1M-16.4M93.0K
Income Tax-905.0K-18.1M-21.0M21.2M-4.8M
Net Income-587.2M25.9M-66.1M-37.6M4.9M
EPS (Diluted)-$5.72$0.21-$0.61-$0.08$0.05

Income Statement Trend

So-Young Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets1.7B1.7B1.9B2.0B2.8B
Non-Current Assets1.0B1.5B1.3B1.3B496.0M
Total Assets2.7B3.2B3.2B3.3B3.3B
Liabilities
Current Liabilities630.2M540.4M538.0M712.4M570.9M
Non-Current Liabilities146.2M112.8M52.0M100.9M101.6M
Total Liabilities776.4M653.3M590.0M813.3M672.4M
Equity
Total Shareholders Equity2.0B2.6B2.6B2.5B2.6B

Balance Sheet Composition

So-Young Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income-587.2M25.9M-66.1M-37.6M4.9M
Operating Cash Flow-669.8M17.7M-89.2M52.3M92.7M
Investing Activities
Capital Expenditures-62.5M-50.9M-15.6M-44.9M-37.0M
Investing Cash Flow257.0M-202.6M-572.2M339.8M123.8M
Financing Activities
Dividends Paid-43.6M----
Financing Cash Flow-91.8M-100.2M-14.5M-217.7M-13.0M
Free Cash Flow-88.2M-28.7M-128.6M39.2M142.2M

Cash Flow Trend

So-Young Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 17.18
Forward P/E 40.70
Price to Book 0.23
Price to Sales 0.28
PEG Ratio 40.70

Profitability Ratios

Profit Margin -41.60%
Operating Margin -14.60%
Return on Equity -27.13%
Return on Assets -1.95%

Financial Health

Current Ratio 2.75
Debt to Equity 13.01
Beta 1.01

Per Share Data

EPS (TTM) -$0.81
Book Value per Share $17.77
Revenue per Share $14.05

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sy407.9M17.180.23-27.13%-41.60%13.01
Veeva Systems 46.5B60.257.4614.06%27.34%1.24
Ge Healthcare 34.7B15.943.7826.44%11.03%97.52
Premier 1.9B21.251.176.85%4.96%19.35
Certara 1.8B104.001.70-0.25%-0.67%28.51
GoodRx Holdings 1.7B69.572.684.43%3.57%82.71

Financial data is updated regularly. All figures are in the company's reporting currency.