So-Young International (SY) Asset Utilization Ratio (2019 - 2026)
So-Young International's (SY) quarterly Asset Utilization Ratio came in at 0.62 in Q1 2026, up 15.28% year-on-year from 0.54 in Q1 2025, and up 8.01% quarter-over-quarter from 0.57 in Q4 2025.
So-Young International (SY) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
So-Young International's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.62 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 15.28% year-over-year to 0.62 in Q1 2026; TTM through Mar 2026 was 0.62, a 15.28% increase from a year earlier, with the FY2025 full-year figure at 0.58, up 19.04% from the prior year.
- Asset Utilization Ratio grew to 0.62 in Q1 2026 per SY's latest filing, from 0.57 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.98 in Q1 2022 and bottomed at 0.41 in Q4 2022.
- The 5-year median for Asset Utilization Ratio is 0.48 (2023), against an average of 0.56.
- Biggest YoY gain for Asset Utilization Ratio was 122.24% in 2022; the steepest drop was 16.43% in 2022.
- Year by year, Asset Utilization Ratio stood at 0.41 in 2022, then advanced by 17.89% to 0.48 in 2023, then declined by 0.14% to 0.48 in 2024, then rose by 20.1% to 0.57 in 2025, then climbed by 8.01% to 0.62 in 2026.
- Per Business Quant, the three latest SY Asset Utilization Ratio figures stand at 0.62 (Q1 2026), 0.57 (Q4 2025), and 0.54 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.06 Bn | 24.75 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 14.64 Bn | 13.74 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.97 Bn | 5.66 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 5.95 Bn | 5.41 Bn | 106.18 Mn | 0.62 |
| 6 | MiniMed | 4.52 Bn | 4.22 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.48 Bn | 4.42 Bn | 216.84 Mn | 0.20 |
| 8 | Doximity | 3.95 Bn | 3.20 Bn | 125.97 Mn | 0.57 |
| 9 | Privia Health | 3.14 Bn | 2.72 Bn | - | 1.61 |
| 10 | So-Young International | 156.12 Mn | 40.99 Mn | 26.35 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.57 |
| Sep 30, 2025 | 0.54 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.54 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.47 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.96 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.49 |
| Mar 31, 2021 | 0.44 |
| Dec 31, 2020 | 0.39 |