So-Young International (SY) Equity Ratio (2018 - 2025)

So-Young International (SY) recorded quarterly Equity Ratio of 0.63 in Q4 2025, down 7.03% quarter-over-quarter from 0.68 in Q3 2025, and down 6.33% on a YoY basis from 0.67 in Q4 2024.

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

So-Young International's Equity Ratio history runs 8 years deep, the most recent figure standing at 0.63 for Q4 2025.

  • In Q4 2025, Equity Ratio fell 6.33% year-over-year to 0.63; the TTM figure through Dec 2025 stood at 0.63 (down 6.33% YoY), while the FY2025 annual figure was 0.63, down 12.05% from the prior year.
  • Equity Ratio was 0.63 for Q4 2025 at So-Young International, down from 0.68 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 759099.41 in Q1 2022 to a low of 0.63 in Q4 2025.
  • Historically, Equity Ratio has averaged 69009.72 across 5 years, with a median of 0.77 in 2022.
  • The sharpest annual moves came in 2022 and 2024: Equity Ratio soared 96338112.68% in 2022, then decreased 15.61% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.76 in 2021, then gained by 7.9% to 0.82 in 2022, then fell by 2.3% to 0.8 in 2023, then slipped by 15.61% to 0.67 in 2024, then slipped by 6.33% to 0.63 in 2025.
  • The last three Equity Ratio figures came in at 0.63 (Q4 2025), 0.68 (Q3 2025), and 0.67 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 0.80
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 0.32
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 0.62
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 0.15
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 0.80
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 0.85
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 0.67
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 0.53
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 0.63
10 So-Young International 28.43 Mn -78.18 Mn 26.35 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.63
Sep 30, 2025 0.68
Dec 31, 2024 0.67
Dec 31, 2023 0.80
Jun 30, 2023 0.80
Dec 31, 2022 0.82
Sep 30, 2022 0.77
Jun 30, 2022 0.77
Mar 31, 2022 759,099.41
Dec 31, 2021 0.76
Mar 31, 2021 0.79
Dec 31, 2020 0.79
Sep 30, 2020 0.81
Jun 30, 2020 0.81
Mar 31, 2020 0.83
Dec 31, 2019 0.82
Sep 30, 2019 0.82
Jun 30, 2019 0.82
Mar 31, 2019 0.23
Dec 31, 2018 -0.27