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Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

So-Young International (SY) Net Margin (2018 - 2025)

So-Young International has reported Net Margin over the past 8 years, most recently at 24.9% for Q4 2025.

  • For Q4 2025, Net Margin rose 13861.0% year-over-year to 24.9%; the TTM value through Dec 2025 reached 16.17%, up 2341.0%, while the annual FY2025 figure was 15.48%, 2535.0% up from the prior year.
  • Net Margin for Q4 2025 was 24.9% at So-Young International, down from 16.38% in the prior quarter.
  • Over five years, Net Margin peaked at 14.91% in Q2 2021 and troughed at 163.51% in Q4 2024.
  • A 5-year average of 13.79% and a median of 8.07% in 2024 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: plummeted -16289bps in 2024 and later soared 13861bps in 2025.
  • Year by year, Net Margin stood at 16.24% in 2021, then soared by 151bps to 8.31% in 2022, then crashed by -108bps to 0.63% in 2023, then plummeted by -25972bps to 163.51% in 2024, then surged by 85bps to 24.9% in 2025.
  • Business Quant data shows Net Margin for SY at 24.9% in Q4 2025, 16.38% in Q3 2025, and 8.12% in Q2 2025.