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
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