So-Young International (SY) Invested Capital (2018 - 2025)
So-Young International (SY) posted Invested Capital of $241.0 million for Q4 2025, down 3.74% on a QoQ basis from $250.4 million in Q3 2025, and down 14.68% year-over-year from $282.5 million in Q4 2024.
Analysis
So-Young International (SY) Invested Capital (2018 - 2025) Analysis & Trends
So-Young International has reported Invested Capital for 8 years, with the latest figure at $241.0 million in Q4 2025.
- On a quarterly basis, Invested Capital fell 14.68% year-over-year to $241.0 million in Q4 2025; TTM through Dec 2025 was $241.0 million, a 14.68% decrease from a year earlier, with the FY2025 full-year figure at $244.4 million, down 12.07% from the prior year.
- Invested Capital was $241.0 million for Q4 2025 at So-Young International, down from $250.4 million in the prior quarter.
- The five-year high for Invested Capital was $415.1 million in Q4 2021, with the low at $241.0 million in Q4 2025.
- Average Invested Capital over 5 years is $347.4 million, with a median of $369.1 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2024: Invested Capital gained 5.87% in 2021, then decreased 21.52% in 2024.
- Over 5 years, Invested Capital stood at $415.1 million in 2021, then declined by 11.47% to $367.5 million in 2022, then dropped by 2.06% to $359.9 million in 2023, then retreated by 21.52% to $282.5 million in 2024, then slipped by 14.68% to $241.0 million in 2025.
- The last three Invested Capital figures came in at $241.0 million (Q4 2025), $250.4 million (Q3 2025), and $282.5 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.76 Bn | 12.64 Bn | 1.16 Bn | 10.02 Bn |
| 2 | RadNet | 5.80 Bn | 5.37 Bn | 88.08 Mn | 2.73 Bn |
| 3 | Concentra Group Holdings Parent | 4.40 Bn | 4.26 Bn | 192.10 Mn | 2.06 Bn |
| 4 | Privia Health | 2.61 Bn | 2.25 Bn | - | - |
| 5 | Pediatrix Medical | 2.20 Bn | 1.79 Bn | - | 1.47 Bn |
| 6 | Fresenius Medical Care AG | 2.11 Bn | 1.41 Bn | 1.52 Bn | 24.88 Bn |
| 7 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | - |
| 8 | Surgery Partners | 1.87 Bn | 3.08 Bn | 622.10 Mn | 6.85 Bn |
| 9 | U S Physical Therapy | 1.18 Bn | 1.47 Bn | 41.94 Mn | 622.30 Mn |
| 10 | So-Young International | 42.55 Mn | -72.69 Mn | 32.84 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 240.99 Mn |
| Sep 30, 2025 | 250.36 Mn |
| Dec 31, 2024 | 282.47 Mn |
| Dec 31, 2023 | 359.93 Mn |
| Jun 30, 2023 | 350.32 Mn |
| Mar 31, 2023 | 370.75 Mn |
| Dec 31, 2022 | 367.51 Mn |
| Sep 30, 2022 | 374.95 Mn |
| Jun 30, 2022 | 372.70 Mn |
| Mar 31, 2022 | 388.75 Mn |
| Dec 31, 2021 | 415.14 Mn |
| Mar 31, 2021 | 394.92 Mn |
| Dec 31, 2020 | 392.14 Mn |
| Sep 30, 2020 | 379.52 Mn |
| Jun 30, 2020 | 379.11 Mn |
| Mar 31, 2020 | 380.81 Mn |
| Dec 31, 2019 | 375.31 Mn |
| Sep 30, 2019 | 362.23 Mn |
| Jun 30, 2019 | 364.93 Mn |
| Dec 31, 2018 | -51.58 Mn |