So-Young International (SY) Return on Capital Employed [ROCE] (2019 - 2026)
So-Young International (SY) recorded Return on Capital Employed [ROCE] of -16.55% in Q2 2026, up 17.02 percentage points from -33.57% a year earlier and up 0.17 percentage points from the prior quarter.
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Analysis
So-Young International (SY) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2025, So-Young International reported Return on Capital Employed [ROCE] of -15.46%, up 10.67 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -13.27 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -26.13% in FY2024 (-23.88 pp), -2.25% in FY2023 (+1.34 pp), -3.59% in FY2022 (-2.32 pp) and -1.27% in FY2021 (+0.92 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -37.94% in Q3 2025 to 1.94% in Q3 2021 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of -9.89 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 17.02 percentage points in Q2 2026, against a drop of 36.79 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -16.72% (Q1 2026), -15.38% (Q4 2025) and -37.94% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | 27.06% |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | -13.91% |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 10.85% |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 8.97% |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | -29.86% |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | 17.89% |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | -15.22% |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 9.85% |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 17.71% |
| 10 | So-Young International | 42.40 Mn | -433.16 Mn | 32.84 Mn | -16.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.55% |
| Mar 31, 2026 | -16.72% |
| Dec 31, 2025 | -15.38% |
| Sep 30, 2025 | -37.94% |
| Jun 30, 2025 | -33.57% |
| Mar 31, 2025 | -29.64% |
| Dec 31, 2024 | -25.33% |
| Sep 30, 2024 | -1.15% |
| Jun 30, 2024 | -1.41% |
| Mar 31, 2024 | -2.43% |
| Dec 31, 2023 | -2.40% |
| Sep 30, 2023 | -1.25% |
| Jun 30, 2023 | -1.45% |
| Mar 31, 2023 | -2.34% |
| Dec 31, 2022 | -4.23% |
| Sep 30, 2022 | -7.26% |
| Jun 30, 2022 | -5.87% |
| Mar 31, 2022 | -1.99% |
| Dec 31, 2021 | -1.20% |
| Sep 30, 2021 | 1.94% |
API Access
So-Young International Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();