Stocks Technology SY
NASDAQ · TechnologySo-Young International Inc. (SY)
So-Young International Inc. reported revenue of $217.8M in fiscal 2025, up 8.4% from a year earlier. It posted a net loss of $34.6M. In fiscal 2025 capital spending exceeded operating cash flow by $43.2M. At December 31, 2025 it held $59.8M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 23, 2026.
Key facts about So-Young International Inc.
- Net worth
- So-Young International Inc. has a market value (market cap) of $199.6M at the latest share price, and shareholders' equity of $222.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $217.8M (+8.4% year on year), with a net loss of $34.6M.
- Cash flow
- In fiscal 2025 operations used $15.1M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 23, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What So-Young International Inc. does
So-Young International Inc. is registered with the SEC under industry code SIC 7374 (Services-Computer Processing & Data Preparation). Its shares trade on NASDAQ under the ticker SY.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $217.8M | -$34.6M | n/a | -$43.2M |
| 2024 | $200.9M | -$80.8M | n/a | -$12.1M |
| 2023 | $211M | $3M | n/a | -$4M |
| 2022 | $182.4M | -$9.5M | n/a | -$18.6M |
| 2021 | $265.6M | -$1.3M | n/a | $6.2M |
| 2020 | $198.5M | $891K | n/a | $21.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SY ranks in Technology
Dividends
It paid out $2.7M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $2.7M | n/a |
| 2024 | n/a | $6M | n/a |
Latest SEC filings
What So-Young International Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 31, 2026
- August 4, 2026
- May 22, 2026
- April 23, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 8.4% to $217.8M versus the prior year; net loss of $34.6M.
- March 25, 2026
- February 13, 2026
- December 31, 2025
- November 17, 2025
- October 27, 2025Passive stake changed SCHEDULE 13G/A
- August 15, 2025
Insider trades
What the people running So-Young International Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 15, 2026 | Li GefeiCOO, Director | Exercised options | 23,076 | $230.8 |
| June 10, 2026 | Wang BeiCMO, Director | Exercised options | 30,260 | $302.6 |
| March 31, 2026 | Li GefeiCOO, Director | Exercised options | 46,153 | $461.5 |
Who owns SY
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Xing Jin13D, may seek influence with 1 related filers | 24.9% | April 1, 2025 |
| TB Alternative Assets Ltd13G, passive | 10.54% | February 10, 2025 |
| MPC Management III L.P. (f/k/a Matrix China Management III, L.P.)13G, passive with 5 related filers | 6.8% | October 27, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 25 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| TB Alternative Assets Ltd. | 3,067,873 | 0 |
| Morgan Stanley | 1,231,737 | -115,397 |
| Barclays PLC | 1,129,166 | 0 |
| Citigroup Inc | 1,035,309 | 0 |
| UBS Group AG | 446,553 | +250,408 |
| State Street Corp | 390,951 | -254,932 |
| Dimensional Fund Advisors LP | 226,670 | -6,866 |
| Jane Street Group, LLC | 112,001 | +96,131 |
| Nomura Holdings Inc | 107,200 | 0 |
| Geode Capital Management, LLC | 55,857 | 0 |
| Marshall Wace, Llp | 54,061 | new |
| Invesco Ltd. | 50,277 | -6,980 |
| Citadel Advisors LLC | 42,745 | new |
| Verition Fund Management LLC | 33,060 | 0 |
| Tower Research Capital LLC (TRC) | 27,763 | +12,356 |
| Bnp Paribas Financial Markets | 25,799 | -44,001 |
| Simplex Trading, LLC | 21,430 | -4,837 |
| Two Sigma Investments, LP | 16,800 | +3,900 |
| Ewa, LLC | 13,246 | -157 |
| SBI Securities Co., Ltd. | 5,026 | -70 |
Insiders
2 insiders reported holding 211,169 shares in total, about $420.2K at the last price.
| Holder | Shares |
|---|---|
| Wang BeiCMO, Director | 141,940 |
| Li GefeiCOO, Director | 69,229 |
Questions about SY
What does So-Young International Inc. do?
So-Young International Inc. is a company in the Technology sector, listed on NASDAQ as SY. Its shares trade on NASDAQ under the ticker SY.
What is So-Young International Inc.'s net worth?
So-Young International Inc. has a market value (market cap) of $199.6M at the latest share price, and shareholders' equity of $222.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is So-Young International Inc. profitable?
No. In fiscal 2025 it reported a net loss of $34.6M on revenue of $217.8M.
How much revenue does So-Young International Inc. make?
In fiscal 2025 So-Young International Inc. reported revenue of $217.8M. That is 8.4% more than a year earlier.
When did So-Young International Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 23, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from September 8, 2026.
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Where the numbers come from
Financial figures are the values So-Young International Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.