So-Young International Inc

NAS:SYHealthcareNASDAQ:HXCnasdaq_composite

$2.13−2.74%At closeAt close · Fri 23 Oct · ≈ AED 7.82 · Market cap $220.35M · Next earnings Mon 23 Nov

CNY billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Revenue	1.3	1.7	1.3	1.5	1.5	1.5	+1.0%
Cost of revenue	0.2	0.3	0.4	0.5	0.6	0.8	+36.4%
Gross profit	1.1	1.4	0.9	1.0	0.9	0.7	−21.3%
Research & development	0.2	0.3	0.2	0.2	0.2	0.1	−19.2%
Selling, general & administrative	0.9	1.0	0.7	0.8	0.8	0.8	+1.9%
Selling & marketing	0.7	0.8	0.5	0.5	0.5	0.0	−100.0%
Operating expenses	1.1	1.4	1.0	1.0	1.5	1.0	−36.5%
Operating income	(0.1)	(0.0)	(0.1)	(0.1)	(0.6)	(0.3)	+58.5%
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	—
Interest income	0.0	0.0	0.0	0.0	0.0	0.0	−47.1%
Other income / expense	0.1	0.0	0.0	0.1	0.0	0.0	−45.6%
Pre-tax income	0.0	(0.0)	(0.1)	0.0	(0.6)	(0.2)	+59.3%
Income tax	(0.0)	0.0	(0.0)	(0.0)	(0.0)	(0.0)	+14.4%
Net income	0.0	(0.0)	(0.1)	0.0	(0.6)	(0.2)	+60.0%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	(0.0)	—
EPS, basic (per share)	0.04	(0.06)	(0.48)	0.16	(4.40)	(1.78)	+59.5%
EPS, diluted (per share)	0.04	(0.06)	(0.48)	0.16	(4.39)	(1.78)	+59.5%
EBITDA	(0.0)	0.1	(0.0)	0.1	(0.0)	(0.2)	−374.5%
Depreciation & amortization	0.0	0.0	0.0	0.0	0.0	0.1	+24.1%
Weighted average shares (shares)	137,794,134	138,040,051	138,040,051	133,192,744	134,091,267	131,589,780	−1.9%
Weighted average diluted shares (shares)	141,590,576	138,040,051	138,040,051	131,912,996	134,159,860	131,589,780	−1.9%
Gross margin	83.6%	80.6%	68.7%	63.7%	61.3%	47.8%	−13.5 pts
Operating margin	−4.4%	−1.9%	−8.2%	−4.1%	−42.6%	−17.5%	+25.1 pts
Net margin	0.4%	−0.5%	−5.2%	1.4%	−40.2%	−15.9%	+24.3 pts