So-Young International Inc (SY) — Tangible Net Worth Ratio
So-Young International Inc (SY) has a Tangible Net Worth Ratio of 92.7% as of September 2025. This metric is calculated by deducting intangible assets ($131.51 Million) from net assets ($1.79 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore So-Young International Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
So-Young International Inc Tangible Net Worth Ratio (2016–2024)
This chart shows how So-Young International Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 92.7%, reflecting net assets of $1.79 Billion with intangible assets of $131.51 Million USD. For live market cap and overall valuation, see So-Young International Inc market cap and net worth.
Annual Tangible Net Worth Ratio for So-Young International Inc (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for So-Young International Inc from 2016 to 2024, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore So-Young International Inc (SY) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.5% | $1.96 Billion | $126.61 Million | $2.74 Billion | ▼ -0.8 pp |
| 2023 | 94.3% | $2.56 Billion | $145.25 Million | $3.21 Billion | ▲ +0.8 pp |
| 2022 | 93.5% | $2.61 Billion | $169.28 Million | $3.20 Billion | ▲ +1.2 pp |
| 2021 | 92.3% | $2.52 Billion | $193.96 Million | $3.33 Billion | ▼ -5.4 pp |
| 2020 | 97.7% | $2.62 Billion | $60.03 Million | $3.29 Billion | ▼ -2.3 pp |
| 2019 | 100.0% | $2.64 Billion | $726.00K | $3.23 Billion | ▲ +2.5 pp |
| 2018 | 97.5% | $1.04 Billion | $25.84 Million | $1.34 Billion | ▼ -2.5 pp |
| 2017 | 100.0% | $427.46 Million | $0.00 | $568.38 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $95.26 Million | $0.00 | $150.15 Million | — |