So-Young International reported total assets of $394.79M and total liabilities of $162.46M for the quarter ended Jun 2026, up 6.7% year over year. This balance sheet covers 32 quarters of results from Dec 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2017 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 244.62M | 208.33M | 246.77M | 219.73M | 100.32M | 97.64M | 118.80M | 104.63M | 60.12M | 59.18M | 62.05M | 62.88M | 66.61M | 81.82M | 61.28M | 53.17M | 46.83M | 58.96M | 56.08M | 65.23M | ||||||||||||
| Short-term InvestmentsInvestments (Current) | 36.36M | 63.96M | 17.49M | 16.51M | 127.75M | 123.16M | 94.36M | 105.16M | 130.33M | 125.11M | 121.17M | 97.01M | 97.05M | 83.40M | 79.27M | 74.36M | 76.12M | 63.94M | 59.53M | 50.42M | ||||||||||||
| Cash & Current Investments | 279.86M | 272.30M | 264.26M | 236.24M | 237.19M | 220.80M | 213.98M | 209.79M | 192.09M | 184.30M | 183.22M | 160.50M | 160.24M | 165.22M | 140.55M | 127.53M | 122.29M | 122.90M | 115.13M | 115.24M | ||||||||||||
| Receivables - NetNet Receivables | 14.01M | 8.58M | 6.64M | 6.07M | 5.95M | 5.06M | 5.99M | 7.64M | 8.54M | 7.95M | 8.01M | 11.23M | 15.24M | 13.75M | 12.61M | 10.92M | 9.80M | 7.27M | 6.29M | 5.95M | ||||||||||||
| Receivables - OtherOther Receivables | 0.07M | 0.13M | 4.44M | 4.25M | 4.04M | 2.48M | 2.96M | 2.89M | 1.41M | 1.42M | 1.49M | 0.10M | 0.37M | 0.02M | 0.11M | 0.24M | 0.11M | |||||||||||||||
| Receivables | 14.02M | 8.71M | 11.08M | 10.33M | 10.39M | 5.06M | 8.51M | 10.59M | 11.54M | 7.95M | 9.42M | 12.69M | 16.38M | 13.75M | 12.71M | 11.28M | 9.77M | 7.37M | 6.51M | 6.04M | ||||||||||||
| Finished Goods | 11.42M | 8.07M | 13.15M | 24.28M | ||||||||||||||||||||||||||||
| Inventory | 14.16M | 14.36M | 14.05M | 14.12M | 14.79M | 16.94M | 17.40M | 16.96M | 15.79M | 16.52M | 17.52M | 19.73M | 20.75M | 21.13M | 24.16M | 33.84M | 27.24M | 32.91M | 38.06M | 37.37M | ||||||||||||
| Prepaid Assets | 14.82M | 14.36M | 13.22M | 18.97M | 20.79M | 17.84M | 18.59M | 21.05M | 24.98M | 23.86M | 24.60M | 32.65M | 31.52M | 27.18M | 29.71M | 34.98M | 35.30M | 34.72M | 41.15M | 43.66M | ||||||||||||
| Current Assets | 330.70M | 317.11M | 308.15M | 284.48M | 278.81M | 269.51M | 263.11M | 263.04M | 249.22M | 239.15M | 242.18M | 239.22M | 252.01M | 240.06M | 222.84M | 222.74M | 207.94M | 209.32M | 215.81M | 215.79M | ||||||||||||
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 19.64M | 19.48M | 19.37M | 17.98M | 16.21M | 16.34M | 16.76M | 15.90M | 15.34M | 16.22M | 15.67M | 18.87M | 22.03M | 21.63M | 23.40M | 27.40M | 38.04M | 41.39M | 44.56M | 49.53M | ||||||||||||
| Long-Term Investments | 39.32M | 39.49M | 39.66M | 37.47M | 32.91M | 32.05M | 35.53M | 34.71M | 34.59M | 36.25M | 35.46M | 38.33M | 40.97M | 39.02M | 38.23M | 38.76M | 38.92M | 38.74M | 39.75M | 40.86M | ||||||||||||
| Goodwill | 91.44M | 84.57M | 85.29M | 80.72M | 76.01M | 76.02M | 78.73M | 74.56M | 74.11M | 75.10M | 74.89M | 74.40M | 77.05M | 0.10M | 0.09M | 0.10M | 0.10M | 0.10M | 0.10M | 0.10M | ||||||||||||
| Intangibles | 25.88M | 30.34M | 29.63M | 27.15M | 24.68M | 23.80M | 23.75M | 21.63M | 20.72M | 20.17M | 19.27M | 18.32M | 18.76M | 17.63M | 17.64M | 17.67M | 18.47M | 20.32M | 20.27M | 19.69M | ||||||||||||
| Goodwill & Intangibles | 116.85M | 114.91M | 114.92M | 107.88M | 104.72M | 99.83M | 102.88M | 96.19M | 95.65M | 95.27M | 94.16M | 93.08M | 93.81M | 17.72M | 17.73M | 17.76M | 18.47M | 20.41M | 20.28M | 19.72M | ||||||||||||
| Long-Term Deferred Tax | 9.32M | 7.43M | 7.50M | 7.15M | 7.57M | 9.10M | 9.46M | 8.83M | 9.16M | 10.84M | 11.03M | 11.10M | 11.55M | 11.83M | 11.70M | 11.70M | 11.88M | 9.77M | 10.06M | 10.40M | ||||||||||||
| Other Non-Current Assets | 26.10M | 7.52M | 9.10M | 15.80M | 20.07M | 13.96M | 15.38M | 11.03M | 21.13M | 32.29M | 26.24M | 25.26M | 25.74M | 27.86M | 25.58M | 24.14M | 25.28M | 18.47M | 19.07M | 20.48M | ||||||||||||
| Non-Current Assets | 227.45M | 203.79M | 204.55M | 198.62M | 187.50M | 180.12M | 187.47M | 173.30M | 180.11M | 207.31M | 199.45M | 205.52M | 218.78M | 140.72M | 141.58M | 147.21M | 163.47M | 164.26M | 170.51M | 179.00M | ||||||||||||
| Assets | 558.15M | 520.90M | 512.71M | 483.10M | 466.31M | 449.63M | 450.58M | 436.34M | 429.33M | 446.46M | 441.64M | 444.74M | 470.79M | 380.78M | 364.42M | 369.95M | 371.42M | 373.58M | 386.32M | 394.79M | ||||||||||||
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payables | 2.95M | 1.86M | 1.47M | 2.83M | 3.80M | |||||||||||||||||||||||||||
| Notes Payables | 0.12M | 0.11M | 0.01M | 0.01M | 0.03M | 0.83M | 0.03M | 0.06M | 0.10M | 0.05M | 0.02M | 0.02M | 0.02M | 0.07M | 0.08M | 0.08M | 0.09M | 0.09M | 0.08M | 0.07M | ||||||||||||
| Dividends payables | 6.04M | 2.62M | ||||||||||||||||||||||||||||||
| Payables | 0.11M | 3.05M | 0.01M | 0.01M | 0.03M | 2.69M | 0.03M | 0.06M | 0.11M | 1.52M | 6.06M | 0.02M | 0.02M | 2.89M | 2.70M | 0.08M | 0.09M | 3.89M | 0.08M | 0.07M | ||||||||||||
| Accumulated Expenses | 86.49M | 58.94M | 60.80M | 52.91M | 49.41M | 31.58M | 34.04M | 41.85M | 37.55M | 32.49M | 32.87M | 34.29M | 34.87M | 36.92M | 37.62M | 46.10M | 48.02M | 60.28M | 65.81M | 71.08M | ||||||||||||
| Other Accumulated Expenses | 3.18M | 3.21M | 3.04M | 2.89M | 4.08M | 4.23M | 4.00M | 4.70M | 5.65M | 5.70M | 6.55M | |||||||||||||||||||||
| Short term Debt | 21.35M | 4.14M | 9.71M | 5.61M | ||||||||||||||||||||||||||||
| Current Leases | 6.44M | 6.81M | 7.59M | 7.81M | 7.00M | 7.07M | 7.40M | 6.24M | 4.49M | 4.13M | 3.64M | 3.78M | 5.76M | 6.25M | 7.15M | 8.19M | 9.24M | 10.79M | 11.36M | 12.03M | ||||||||||||
| Current Taxes | 9.70M | 7.60M | 7.93M | 7.74M | 8.97M | 10.49M | 8.75M | 8.29M | 8.51M | 7.90M | 7.77M | 7.92M | 7.64M | 8.61M | 7.34M | 6.51M | 5.84M | 6.13M | 5.31M | 5.08M | ||||||||||||
| Current Deferred Revenue | 25.21M | 21.77M | 21.98M | 19.02M | 18.88M | 15.49M | 16.18M | 14.75M | 15.59M | 14.36M | 13.54M | 13.16M | 13.50M | 10.66M | 10.26M | 9.82M | 10.64M | 9.30M | 9.36M | 9.18M | ||||||||||||
| Total Current Liabilities | 148.32M | 111.43M | 109.89M | 98.73M | 96.55M | 75.65M | 75.43M | 81.22M | 76.55M | 75.06M | 75.32M | 75.61M | 86.66M | 87.73M | 80.94M | 87.27M | 94.48M | 110.55M | 124.75M | 133.69M | ||||||||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Preferred Stock Liabilities | 3.02M | |||||||||||||||||||||||||||||||
| Minority Interest | 3.02M | 11.08M | 11.12M | 10.50M | 9.91M | 15.46M | 17.15M | 15.81M | 16.28M | 16.65M | 16.96M | 16.29M | ||||||||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 4.73M | 6.03M | 5.80M | 5.30M | 4.66M | 4.36M | 4.25M | 3.80M | 3.51M | 3.48M | 3.23M | 2.94M | 2.96M | 2.75M | 2.63M | 2.51M | 2.53M | 1.50M | 1.34M | 1.12M | ||||||||||||
| Operating Leases | 11.18M | 9.75M | 8.28M | 6.38M | 4.59M | 2.95M | 1.31M | 0.92M | 0.80M | 11.97M | 13.23M | 15.75M | 17.80M | 17.43M | 18.70M | 20.27M | 22.47M | 25.85M | 26.43M | 27.05M | ||||||||||||
| Other Non-Current Liabilities | 0.30M | 0.14M | 0.14M | 0.21M | 0.26M | 0.22M | 0.23M | 0.18M | 0.21M | 0.24M | 0.31M | 0.39M | 0.57M | 0.59M | ||||||||||||||||||
| Total Non-Current Liabilities | 15.90M | 15.79M | 14.08M | 11.68M | 9.25M | 7.31M | 5.86M | 4.86M | 4.45M | 15.67M | 16.73M | 18.91M | 20.99M | 20.36M | 21.53M | 23.02M | 25.31M | 27.74M | 28.34M | 28.77M | ||||||||||||
| Total Liabilities | 164.23M | 127.21M | 123.97M | 110.41M | 105.80M | 82.96M | 81.28M | 86.08M | 80.99M | 90.73M | 92.05M | 94.52M | 107.65M | 108.09M | 102.47M | 110.29M | 119.79M | 138.29M | 153.09M | 162.46M | ||||||||||||
| Shareholder's Equity | ||||||||||||||||||||||||||||||||
| Total Debt | 0.11M | 21.45M | 0.01M | 0.01M | 0.03M | 0.83M | 0.03M | 0.06M | 0.11M | 4.20M | 0.02M | 0.02M | 0.02M | 9.78M | 0.08M | 0.08M | 0.09M | 5.70M | 0.08M | 0.07M | ||||||||||||
| Common Equity | 393.69M | 388.74M | 372.69M | 360.50M | 366.68M | 369.30M | 350.26M | 355.73M | 272.69M | 251.62M | 235.29M | |||||||||||||||||||||
| Liabilities and Shareholders Equity | 555.93M | 520.90M | 512.71M | 483.10M | 484.96M | 449.63M | 452.32M | 436.34M | 433.05M | 446.46M | 441.64M | 446.46M | 460.98M | 380.78M | 364.42M | 369.95M | 369.43M | 373.58M | 384.72M | 393.39M | ||||||||||||
| Treasury Shares | -0.41M | -0.59M | -1.43M | -1.70M | -1.96M | 0.69M | ||||||||||||||||||||||||||
| Retained Earnings | 469.16M | 476.11M | 452.09M | 426.77M | 427.99M | 444.59M | 423.56M | 427.83M | 427.36M | 429.92M | 431.40M |