So-Young International (SY) Debt to Equity (2018 - 2025)
So-Young International (SY) posted Debt to Equity of $0.0 for Q4 2025, down 99.02% on a QoQ basis from $0.04 in Q4 2024, and down 99.02% year-over-year from $0.04 in Q4 2024.
So-Young International (SY) has 8 years of Debt to Equity data on file, last reported at $0.0 in Q4 2025.
- In Q4 2025, Debt to Equity fell 99.02% year-over-year to $0.0; the TTM figure through Dec 2025 stood at $0.0 (down 99.02% YoY), while the FY2025 annual figure was $0.02, down 33.03% from the prior year.
- Debt to Equity retreated to $0.0 in Q4 2025, from $0.04 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.05 in Q4 2021 and bottomed at $0.0 in Q4 2025.
- A 5-year average of $0.02 and a median of $0.01 in 2023 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2021 — Debt to Equity jumped 5756.24% — and 2025, when it tumbled 99.02%.
- Year by year, Debt to Equity stood at $0.05 in 2021, then sank by 95.83% to $0.0 in 2022, then soared by 415.13% to $0.01 in 2023, then soared by 225.8% to $0.04 in 2024, then tumbled by 99.02% to $0.0 in 2025.
- The last three Debt to Equity figures came in at $0.0 (Q4 2025), $0.04 (Q4 2024), and $0.01 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | - |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 1.26 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 0.46 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | - |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | - |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 0.37 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | - |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | - |
| 10 | So-Young International | 28.43 Mn | -78.18 Mn | 26.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.00 |
| Dec 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.01 |
| Jun 30, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.05 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | 0.00 |
| Jun 30, 2020 | 0.00 |
| Mar 31, 2020 | 0.00 |
| Dec 31, 2019 | 0.00 |
| Sep 30, 2019 | 0.00 |
| Jun 30, 2019 | 0.00 |
| Dec 31, 2018 | 0.00 |