So-Young International Inc (SY) - Total Assets
Based on the latest financial reports, So-Young International Inc (SY) holds total assets worth $2.64 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check So-Young International Inc (SY) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
So-Young International Inc - Total Assets Trend (2016–2024)
This chart illustrates how So-Young International Inc's total assets have evolved over time, based on quarterly financial data. Explore So-Young International Inc (SY) long-term investment share to see how much of total assets are deployed in long-term investments.
So-Young International Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
So-Young International Inc's total assets of $2.64 Billion consist of 63.0% current assets and 37.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.5% |
| Accounts Receivable | $226.25 Million | 8.3% |
| Inventory | $151.75 Million | 5.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $126.61 Million | 4.6% |
| Goodwill | $684.00K | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how So-Young International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see SY stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: So-Young International Inc's current assets represent 63.0% of total assets in 2024, a decrease from 93.8% in 2016.
- Cash Position: Cash and equivalents constituted 21.5% of total assets in 2024, up from 12.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 8.3% of total assets.
So-Young International Inc Competitors by Total Assets
Key competitors of So-Young International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Waystar Holding Corp. Common Stock
NASDAQ:WAY
|
USA | $5.84 Billion |
|
Oneview Healthcare Plc
AU:ONE
|
Australia | AU$15.49 Million |
|
Forian Inc
NASDAQ:FORA
|
USA | $44.13 Million |
|
CardioComm Solutions Inc.
V:EKG
|
Canada | CA$256.24K |
|
Kovo Healthtech Corp
V:KOVO
|
Canada | CA$6.64 Million |
|
NexgenRX Inc.
V:NXG
|
Canada | CA$39.20 Million |
|
Intrasense
PA:ALINS
|
France | €7.99 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
Germany | €4.86 Million |
So-Young International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.20 | 2.91 | 4.90 |
| Quick Ratio | 1.91 | 2.67 | 4.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $807.74 Million | $1.16 Billion | $2.23 Billion |
So-Young International Inc - Advanced Valuation Insights
This section examines the relationship between So-Young International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.34 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -14.9% |
| Total Assets | $2.74 Billion |
| Market Capitalization | $129.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values So-Young International Inc's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: So-Young International Inc's assets decreased by 14.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for So-Young International Inc (2016–2024)
The table below shows the annual total assets of So-Young International Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.74 Billion | -14.91% |
| 2023-12-31 | $3.21 Billion | +0.52% |
| 2022-12-31 | $3.20 Billion | -3.98% |
| 2021-12-31 | $3.33 Billion | +1.17% |
| 2020-12-31 | $3.29 Billion | +1.92% |
| 2019-12-31 | $3.23 Billion | +140.94% |
| 2018-12-31 | $1.34 Billion | +135.85% |
| 2017-12-31 | $568.38 Million | +278.55% |
| 2016-12-31 | $150.15 Million | -- |
About So-Young International Inc
So-Young International Inc. operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users access to medical aesthetic knowledge, community support and reservation options for treatment with medical professionals, and medical aesthetic institutions; Weixin mini program to explore treatment options, check … Read more