So-Young International (SY) Notes Payables (2023 - 2026)
So-Young International (SY) posted quarterly Notes Payables of $17.4 million for Q1 2026, up 110.94% year-over-year from $8.2 million in Q1 2025, and up 209.26% quarter-over-quarter from $5.6 million in Q4 2025.
So-Young International (SY) Notes Payables (2023 - 2026) Analysis & Trends
So-Young International's Notes Payables history runs 4 years deep, the most recent figure standing at $17.4 million for Q1 2026.
- In Q1 2026, Notes Payables rose 110.94% year-over-year to $17.4 million; the TTM figure through Mar 2026 stood at $17.4 million (up 110.94% YoY), while the FY2025 annual figure was $5.7 million, down 40.44% from the prior year.
- Notes Payables for Q1 2026 stood at $17.4 million, up from $5.6 million in the prior quarter.
- The five-year high for Notes Payables was $17.4 million in Q1 2026, with the low at $4.1 million in Q4 2023.
- The 4-year median for Notes Payables is $6.9 million (2025), against an average of $8.1 million.
- The sharpest annual moves came in 2024 and 2025: Notes Payables jumped 134.49% in 2024, then sank 56.13% in 2025.
- So-Young International's Notes Payables stood at $4.1 million in 2023, then surged by 134.49% to $9.7 million in 2024, then slumped by 42.21% to $5.6 million in 2025, then soared by 209.26% to $17.4 million in 2026.
- Business Quant data shows SY's Notes Payables at $17.4 million in Q1 2026, $5.6 million in Q4 2025, and $5.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn |
| 10 | So-Young International | 37.66 Mn | -77.47 Mn | 26.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.36 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 5.60 Mn |
| Jun 30, 2025 | 8.35 Mn |
| Mar 31, 2025 | 8.23 Mn |
| Dec 31, 2024 | 9.71 Mn |
| Sep 30, 2024 | 12.76 Mn |
| Jun 30, 2024 | 5.47 Mn |
| Mar 31, 2024 | 4.15 Mn |
| Dec 31, 2023 | 4.14 Mn |