So-Young International (SY) Notes Payables (2023 - 2026)
So-Young International's (SY) quarterly Notes Payables came in at $17.4 million in Q1 2026, up 110.94% year-on-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.
- On a quarterly basis, Notes Payables rose 110.94% year-over-year to $17.4 million in Q1 2026; TTM through Mar 2026 was $17.4 million, a 110.94% increase from a year earlier, with the FY2025 full-year figure at $5.7 million, down 40.44% from the prior year.
- Notes Payables advanced to $17.4 million in Q1 2026 per SY's latest filing, from $5.6 million in the prior quarter.
- Across five years, Notes Payables topped out at $17.4 million in Q1 2026 and bottomed 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.
- Across the five-year window, Notes Payables jumped 134.49% in 2024 and slumped 56.13% in 2025, its largest moves.
- Year by year, Notes Payables stood at $4.1 million in 2023, then soared by 134.49% to $9.7 million in 2024, then sank by 42.21% to $5.6 million in 2025, then jumped by 209.26% to $17.4 million in 2026.
- Per Business Quant, the three latest SY Notes Payables figures stand at $17.4 million (Q1 2026), $5.6 million (Q4 2025), and $5.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 32.24 Bn | 24.93 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 14.58 Bn | 13.68 Bn | 482.22 Mn |
| 3 | Healthequity | 8.32 Bn | 8.05 Bn | 256.31 Mn |
| 4 | Hinge Health | 5.98 Bn | 5.66 Bn | 154.23 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn |
| 6 | MiniMed | 4.50 Bn | 4.20 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.48 Bn | 4.41 Bn | 216.84 Mn |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn |
| 9 | Privia Health | 3.13 Bn | 2.72 Bn | - |
| 10 | So-Young International | 154.18 Mn | 39.05 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 |