So-Young International (SY) Debt Ratio (2018 - 2026)

So-Young International's (SY) quarterly Debt Ratio came in at 0.0 in Q1 2026, down 3.62% year-on-year from 0.0 in Q1 2025, and down 11.56% quarter-over-quarter from 0.0 in Q4 2025.

So-Young International (SY) Debt Ratio (2018 - 2026) Analysis & Trends

So-Young International's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.0 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 3.62% year-over-year to 0.0 in Q1 2026; TTM through Mar 2026 was 0.0, a 3.62% decrease from a year earlier, with the FY2025 full-year figure at 0.02, down 41.1% from the prior year.
  • Debt Ratio slipped to 0.0 in Q1 2026 per SY's latest filing, from 0.0 in the prior quarter.
  • Across five years, Debt Ratio topped out at 17.57 in Q1 2022 and bottomed at 0.0 in Q2 2022.
  • The 5-year median for Debt Ratio is 0.0 (2025), against an average of 1.1.
  • Across the five-year window, Debt Ratio jumped 2580794.93% in 2022 and tumbled 99.09% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.0 in 2022, then surged by 403.31% to 0.01 in 2023, then surged by 174.94% to 0.03 in 2024, then tumbled by 99.09% to 0.0 in 2025, then dropped by 11.56% to 0.0 in 2026.
  • Per Business Quant, the three latest SY Debt Ratio figures stand at 0.0 (Q1 2026), 0.0 (Q4 2025), and 0.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 32.25 Bn 24.94 Bn 662.02 Mn -
2 BrightSpring Health Services 14.59 Bn 13.69 Bn 482.22 Mn 0.40
3 Healthequity 8.34 Bn 8.08 Bn 256.31 Mn 0.29
4 Hinge Health 5.99 Bn 5.67 Bn 154.23 Mn -
5 10x Genomics 5.88 Bn 5.34 Bn 106.18 Mn -
6 MiniMed 4.50 Bn 4.20 Bn 480.00 Mn -
7 Waystar Holding 4.47 Bn 4.41 Bn 216.84 Mn 0.25
8 Doximity 3.97 Bn 3.22 Bn 125.97 Mn -
9 Privia Health 3.13 Bn 2.71 Bn - -
10 So-Young International 154.18 Mn 39.05 Mn 26.35 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00
Dec 31, 2025 0.00
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.03
Sep 30, 2024 0.00
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.01
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 17.57
Dec 31, 2021 0.04
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 0.00