So-Young International reported a gross margin of 44.11% and a net margin of -5.84% for the quarter ended Jun 2026. These financial ratios cover 34 quarters of results from Mar 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2018 | Jun2018 | Sep2018 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||
| Gross Margin | 79.22% | 71.73% | 64.51% | 66.20% | 70.92% | 72.87% | 63.33% | 63.51% | 62.99% | 64.76% | 63.14% | 61.94% | 61.76% | 58.55% | 49.07% | 51.27% | 47.29% | 44.45% | 42.00% | 44.11% | ||||||||||||||
| EBT Margin | 2.36% | -9.66% | -23.04% | -10.55% | -4.52% | 9.03% | -4.96% | -0.51% | 4.40% | 2.15% | -7.15% | 4.31% | 6.17% | -164.09% | -11.69% | -8.69% | -16.47% | -24.90% | -11.78% | -5.37% | ||||||||||||||
| EBIT Margin | 4.45% | -11.01% | -25.89% | -13.59% | -2.36% | 7.49% | -10.82% | -5.03% | -0.52% | -1.26% | -11.57% | 1.66% | 1.23% | -162.25% | -14.60% | -12.44% | -18.70% | -26.69% | -13.32% | -8.60% | ||||||||||||||
| EBITDA Margin | 4.45% | -11.01% | -25.89% | -13.59% | -2.36% | 7.49% | -10.82% | -5.03% | -0.52% | -1.26% | -11.57% | 1.66% | 1.23% | -162.25% | -14.60% | -12.44% | -18.70% | -26.69% | -13.32% | -8.60% | ||||||||||||||
| Operating Margin | 4.47% | -11.01% | -25.89% | -13.59% | -2.27% | 7.49% | -10.78% | -5.03% | -0.52% | -1.26% | -11.57% | 1.65% | 1.26% | -162.25% | -14.60% | -12.44% | -18.80% | -26.69% | -13.38% | -8.64% | ||||||||||||||
| Net Margin | 3.34% | -7.40% | -23.70% | -10.57% | -10.00% | 8.28% | -6.36% | -0.70% | 3.86% | -0.63% | -7.95% | 3.69% | 6.59% | -163.51% | -12.23% | -8.20% | -16.09% | -25.04% | -11.90% | -5.84% | ||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 14.26M | 14.21M | 14.09M | 14.46M | 15.86M | 17.17M | 17.18M | 16.38M | 16.15M | 17.02M | 18.63M | 20.24M | 20.94M | 22.64M | 29.00M | 30.54M | 30.08M | 35.48M | 37.72M | |||||||||||||||
| Assets AverageAssets Avg. | 520.09M | 539.53M | 516.80M | 497.90M | 474.70M | 457.97M | 450.11M | 443.46M | 432.84M | 437.90M | 444.05M | 443.19M | 457.77M | 425.78M | 372.60M | 367.19M | 370.68M | 372.50M | 379.95M | 390.55M | ||||||||||||||
| Invested CapitalInvested Cap. | 415.14M | 388.75M | 372.70M | 374.95M | 367.51M | 370.75M | 350.32M | 359.93M | 282.47M | 250.36M | 240.99M | |||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.49 | 0.49 | 0.49 | 0.46 | 0.44 | 0.41 | 0.41 | 0.44 | 0.47 | 0.48 | 0.47 | 0.47 | 0.45 | 0.48 | 0.54 | 0.54 | 0.54 | 0.57 | 0.62 | 0.66 | ||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | ||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 24.02 | -9.91 | -2.86 | -2.85 | -2.57 | 5.48 | -12.42 | -76.89 | 8.50 | -60.24 | -5.01 | 8.29 | 4.34 | -0.16 | -2.57 | -11.11 | -6.88 | -2.39 | -5.64 | -5.25 | ||||||||||||||
| Price to SalesP/S | 0.80 | 0.73 | 0.68 | 0.30 | 0.26 | 0.45 | 0.79 | 0.54 | 0.33 | 0.38 | 0.40 | 0.31 | 0.29 | 0.25 | 0.31 | 0.91 | 1.11 | 0.60 | 0.67 | 0.31 | ||||||||||||||
| Price to BookP/B | 0.13 | 0.08 | 0.04 | 0.03 | 0.06 | 0.10 | 0.09 | 0.06 | 0.05 | 0.24 | 0.17 | |||||||||||||||||||||||
| Enterprise Value | -223.13M | -209.48M | -221.02M | -211.84M | -215.61M | -183.94M | -161.16M | -163.45M | -174.75M | -147.24M | -165.66M | -143.34M | -145.10M | -135.68M | -127.66M | -79.39M | -45.21M | -67.15M | -73.04M | -92.43M | ||||||||||||||
| EV to EBIT | -74.91 | 26.98 | 18.02 | 33.77 | 200.62 | -52.09 | 32.97 | 57.21 | 634.57 | 213.08 | 32.47 | -154.33 | -222.01 | 1.65 | 21.34 | 12.07 | 4.45 | 3.82 | 8.74 | 14.43 | ||||||||||||||
| EV to EBITDA | -74.91 | 26.98 | 18.02 | 33.77 | 200.62 | -52.09 | 32.97 | 57.21 | 634.57 | 213.08 | 32.47 | -154.33 | -222.01 | 1.65 | 21.34 | 12.07 | 4.45 | 3.82 | 8.74 | 14.43 | ||||||||||||||
| Market Capitalization | 53.72M | 51.74M | 32.11M | 13.89M | 11.68M | 21.40M | 35.67M | 30.53M | 17.34M | 20.78M | 17.56M | 17.16M | 15.14M | 12.89M | 12.89M | 48.15M | 60.11M | 39.47M | 42.09M | 22.82M | ||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 4.45% | -11.01% | -25.89% | -13.59% | -2.36% | 7.49% | -10.82% | -5.03% | -0.52% | -1.26% | -11.57% | 1.66% | 1.23% | -162.25% | -14.60% | -12.44% | -18.70% | -26.69% | -13.32% | -8.60% | ||||||||||||||
| Return on Capital Employed [ROCE]ROCE | 1.97% | -1.17% | -2.00% | -5.84% | -7.24% | -4.21% | -2.32% | -1.46% | -1.26% | -2.40% | -2.42% | -1.40% | -1.13% | -25.32% | -29.65% | -33.57% | -37.94% | -15.38% | -16.72% | -16.55% | ||||||||||||||
| Return on Invested Capital [ROIC]ROIC | -0.72% | -5.56% | -7.64% | -5.29% | -3.94% | -16.80% | -16.35% | |||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | 2.27% | 0.15% | -0.40% | -3.83% | -5.45% | -3.66% | -1.86% | -0.88% | 0.62% | -0.36% | -0.50% | 0.06% | 0.37% | -18.94% | -22.05% | -24.12% | -27.19% | -9.28% | -9.75% | -9.49% |