So-Young International (SY) Debt to Equity (2018 - 2025)

So-Young International (SY) recorded quarterly Debt to Equity of $0.0 in Q4 2025, up 7.92% quarter-over-quarter from $0.0 in Q3 2025, and down 99.02% on a YoY basis from $0.04 in Q4 2024.

So-Young International (SY) Debt to Equity (2018 - 2025) Analysis & Trends

So-Young International's Debt to Equity history runs 8 years deep, the most recent figure standing at $0.0 for 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 was $0.0 for Q4 2025 at So-Young International, up from $0.0 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.05 in Q4 2021 to a low of $0.0 in Q2 2022.
  • Historically, Debt to Equity has averaged $0.01 across 5 years, with a median of $0.0 in 2025.
  • The sharpest annual moves came in 2021 and 2025: Debt to Equity soared 5756.24% in 2021, then tumbled 99.02% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.05 in 2021, then tumbled 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 sank by 99.02% to $0.0 in 2025.
  • The last three Debt to Equity figures came in at $0.0 (Q4 2025), $0.0 (Q3 2025), and $0.04 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn -
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 1.26
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 0.46
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn -
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn -
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 0.37
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn -
10 So-Young International 28.43 Mn -78.18 Mn 26.35 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00
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