So-Young International (SY) Notes Payables (2023 - 2026)

So-Young International (SY) recorded quarterly Notes Payables of $17.4 million in Q1 2026, up 209.26% quarter-over-quarter from $5.6 million in Q4 2025, and up 110.94% on a YoY basis from $8.2 million in Q1 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 was $17.4 million for Q1 2026 at So-Young International, up from $5.6 million in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $17.4 million in Q1 2026 to a low of $4.1 million in Q4 2023.
  • Historically, Notes Payables has averaged $8.1 million across 4 years, with a median of $6.9 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Notes Payables surged 134.49% in 2024, then slumped 56.13% in 2025.
  • A 4-year view of Notes Payables shows it stood at $4.1 million in 2023, then soared by 134.49% to $9.7 million in 2024, then tumbled by 42.21% to $5.6 million in 2025, then jumped by 209.26% to $17.4 million in 2026.
  • The last three Notes Payables figures came in at $17.4 million (Q1 2026), $5.6 million (Q4 2025), and $5.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn
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
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
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