← So-Young International Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues: | $259.3m | $617.2m | $1.2b | $1.3b | $1.7b | $1.3b | $1.5b | $1.5b | $1.5b | $1.7b | |
| Share-based compensation expense, portion recorded as cost of sales | ($44.8m) |
($91.6m)
-104.39%
|
($198.6m)
-116.93%
|
($212.2m)
-6.83%
|
($327.9m)
-54.51%
|
($393.3m)
-19.95%
|
($1.8m)
+99.54%
|
($289k)
+83.94%
|
($185k)
+35.99%
|
— | |
| Total cost of revenues | ($44.8m) |
($91.6m)
-104.39%
|
($198.6m)
-116.93%
|
($212.2m)
-6.83%
|
($327.9m)
-54.51%
|
($393.3m)
-19.95%
|
($544.3m)
-38.41%
|
($567.6m)
-4.27%
|
($795.7m)
-40.19%
|
— | |
| Gross profit | $214.5m |
$525.7m
+145.06%
|
$953.0m
+81.30%
|
$1.1b
+13.62%
|
$1.4b
+26.02%
|
$864.6m
-36.64%
|
$953.7m
+10.31%
|
$899.1m
-5.72%
|
$727.7m
-19.07%
|
$763.6m
+4.94%
|
|
| Research and development expenses | ($32.6m) | ($94.7m) | ($177.3m) | ($229.2m) | ($286.6m) | ($235.1m) | ($203.5m) | ($165.0m) | ($137.0m) | $129.3m | |
| Share-based compensation expense, portion recorded as research and development expense | — | — | — | — | — | — | ($5.3m) | ($2.2m) | ($780k) | — | |
| Sales and marketing expenses | ($127.5m) | ($306.4m) | ($470.0m) | ($726.3m) | ($792.5m) | ($472.1m) | ($520.5m) | ($494.5m) | ($529.5m) | — | |
| Share-based compensation expense, portion recorded as selling and marketing expense | — | — | — | — | — | — | ($5.7m) | ($659k) | ($835k) | — | |
| General and administrative expenses | ($29.7m) | ($75.4m) | ($160.5m) | ($184.0m) | ($252.2m) | ($260.2m) | ($290.8m) | ($324.1m) | ($330.8m) | $353.7m | |
| Share-based compensation expense, portion recorded as general and administrative expense | — | — | — | — | — | — | ($23.6m) | ($29.5m) | ($7.1m) | — | |
| Total operating expenses | ($189.7m) | ($476.5m) | ($807.8m) | ($1.1b) | ($1.4b) | ($967.4m) | ($1.0b) | ($1.5b) | ($1.0b) | $1.0b | |
| Loss from operations | $24.8m |
$49.1m
+98.43%
|
$145.2m
+195.46%
|
($56.7m)
-139.05%
|
($32.6m)
+42.55%
|
($102.8m)
-215.64%
|
($61.0m)
+40.62%
|
($624.5m)
-922.97%
|
($286.2m)
+54.17%
|
— | |
| Investment income, net | $2.3m | $5.3m | $8.7m | $13.6m | $8.9m | $4.3m | $12.0m | $11.0m | $1.7m | — | |
| Interest income, net | $176k | $10.9m | $45.0m | $39.7m | $19.3m | $28.9m | $48.8m | $46.5m | $23.6m | $20.3m | |
| Share of losses of equity method investee | ($3.9m) | — | — | ($4.3m) | ($1.5m) | ($17.2m) | ($12.7m) | ($15.0m) | ($4.1m) | — | |
| Income tax benefits/(expenses) | $4.0m | ($3.2m) | ($49.7m) | $4.8m | ($21.2m) | $21.0m | $18.1m | $905k | ($796k) | — | |
| Net income/(loss) | $17.2m | $55.1m | $176.7m | $4.9m | ($37.6m) | ($66.1m) | $25.9m | ($587.2m) | ($246.9m) | ($258.3m) | |
| Net income/(loss) attributable to So-Young International Inc. | $17.2m | $55.1m | $176.7m | $5.8m | ($8.4m) | ($65.6m) | $21.3m | ($589.5m) | ($242.3m) | ($258.3m) | |
| Net earnings/(loss) per ordinary share attributable to So-Young International Inc. - basic | ($1) | ($4) | $4 | $0 | ($0) | ($1) | $0 | ($13) | ($6) | ($258.3m) | |
| Net earnings/(loss) per ordinary share attributable to So-Young International Inc. - diluted | ($1) | ($4) | $4 | $0 | ($0) | ($1) | $0 | ($13) | ($6) | ($258.3m) | |
| Weighted average number of ordinary shares used in computing earnings/(loss) per share, basic* | $0.64 | $2.24 | $2.98 | $0.06 | ($0.46) | ($0.80) | $0.33 | ($7.40) | ($3.17) | — | |
| Weighted average number of ordinary shares used in computing earnings/(loss) per share, diluted* | $0.64 | $2.24 | $2.79 | $0.06 | ($0.46) | ($0.80) | $0.33 | ($7.40) | ($3.17) | — | |
| Impairment of goodwill and long-lived assets | — | — | — | — | — | — | ($844k) | ($540.0m) | ($19.7m) | — | |
| Exchange (losses)/gains | $2.1m | ($8.0m) | ($3.2m) | ($1.1m) | ($4.8m) | ($492k) | ($662k) | $112k | $5.9m | — | |
| Impairment of long-term investment | $0 | $0 | ($4.0m) | $0 | ($17.9m) | ($7.9m) | ($444k) | ($7.3m) | $0 | — | |
| Others, net | ($12.2m) | $990k | $34.8m | $8.9m | $12.0m | $8.2m | $21.9m | $1.1m | $12.9m | — | |
| Income/(Loss) before tax | $13.2m | $58.3m | $226.5m | $93k | ($16.4m) | ($87.1m) | $7.9m | ($588.1m) | ($246.1m) | — | |
| Net (income)/loss attributable to non-controlling interests | — | — | — | ($930k) | $29.3m | $553k | ($4.7m) | ($2.3m) | $4.6m | ($258.3m) | |
| Foreign currency translation adjustment | ($2.2m) | $34.4m | $55.3m | ($144.2m) | ($31.4m) | $88.0m | $14.1m | $13.4m | ($18.2m) | — | |
| Comprehensive (income)/loss attributable to non-controlling interests | — | — | — | $930k | $29.3m | $553k | ($4.7m) | ($2.3m) | $4.6m | — | |
| Comprehensive income/(loss) attributable to So-Young International Inc. | — | $89.5m | $232.1m | ($138.4m) | ($39.8m) | $22.4m | $35.4m | ($576.2m) | ($260.5m) | — | |
| Total other comprehensive income/(loss) | ($2.2m) | $34.4m | $55.3m | ($144.2m) | ($31.4m) | $88.0m | $14.1m | $13.4m | ($18.2m) | — | |
| Total comprehensive income / (loss): | $15.0m | $89.5m | $232.1m | $139.3m | ($69.0m) | $21.9m | $40.0m | ($573.8m) | ($265.1m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.