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SY

So-Young InternationalNasdaqGM:SY Stock Report

Last Price

US$2.95

Market Cap

US$309.3m

7D

-5.1%

1Y

-75.6%

Updated

21 Jan, 2022

Data

Company Financials +
SY fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends0/6

SY Stock Overview

So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments.

Price History & Performance

Summary of all time highs, changes and price drops for So-Young International
Historical stock prices
Current Share PriceUS$2.95
52 Week HighUS$17.40
52 Week LowUS$2.93
Beta0.32
1 Month Change-8.95%
3 Month Change-31.71%
1 Year Change-75.56%
3 Year Changen/a
5 Year Changen/a
Change since IPO-83.79%

Recent News & Updates

Sep 15
So-Young International Inc.'s (NASDAQ:SY) 27% Cheaper Price Remains In Tune With Earnings

So-Young International Inc.'s (NASDAQ:SY) 27% Cheaper Price Remains In Tune With Earnings

To the annoyance of some shareholders, So-Young International Inc. ( NASDAQ:SY ) shares are down a considerable 27% in...

Shareholder Returns

SYUS Interactive Media and ServicesUS Market
7D-5.1%-3.6%-4.0%
1Y-75.6%20.6%6.6%

Return vs Industry: SY underperformed the US Interactive Media and Services industry which returned 20.6% over the past year.

Return vs Market: SY underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is SY's price volatile compared to industry and market?
SY volatility
SY Average Weekly Movement9.7%
Interactive Media and Services Industry Average Movement9.2%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: SY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SY's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20131,564Xing Jinhttps://www.soyoung.com

So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments. Its platform enables users to discover content and share their own experience on medical aesthetics procedures and leads users to reserve treatment services from medical aesthetic service providers for offline treatment in the People’s Republic of China and internationally. The company facilitates research on medical aesthetic treatment trends; ratings and reviews on treatment experiences; and blogs under the name Beauty Diaries.

So-Young International Fundamentals Summary

How do So-Young International's earnings and revenue compare to its market cap?
SY fundamental statistics
Market CapCN¥1.96b
Earnings (TTM)CN¥58.01m
Revenue (TTM)CN¥1.67b

33.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SY income statement (TTM)
RevenueCN¥1.67b
Cost of RevenueCN¥264.42m
Gross ProfitCN¥1.40b
ExpensesCN¥1.35b
EarningsCN¥58.01m

Valuation

Is So-Young International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SY ($2.95) is trading below our estimate of fair value ($15.84)

Significantly Below Fair Value: SY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SY is poor value based on its PE Ratio (33.8x) compared to the US Interactive Media and Services industry average (26.3x).

PE vs Market: SY is poor value based on its PE Ratio (33.8x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: SY is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: SY is good value based on its PB Ratio (0.8x) compared to the US Interactive Media and Services industry average (2.9x).


Future Growth

How is So-Young International forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

88.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SY's forecast earnings growth (88.9% per year) is above the savings rate (2%).

Earnings vs Market: SY's earnings (88.9% per year) are forecast to grow faster than the US market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SY's revenue (20.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: SY's revenue (20.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SY's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has So-Young International performed over the past 5 years?

58.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SY has high quality earnings.

Growing Profit Margin: SY's current net profit margins (3.5%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: SY's earnings have grown significantly by 58.4% per year over the past 5 years.

Accelerating Growth: SY's earnings growth over the past year (56.3%) is below its 5-year average (58.4% per year).

Earnings vs Industry: SY earnings growth over the past year (56.3%) exceeded the Interactive Media and Services industry -8.9%.


Return on Equity

High ROE: SY's Return on Equity (2.1%) is considered low.


Financial Health

How is So-Young International's financial position?


Financial Position Analysis

Short Term Liabilities: SY's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥955.7M).

Long Term Liabilities: SY's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥102.5M).


Debt to Equity History and Analysis

Debt Level: SY is debt free.

Reducing Debt: SY has not had any debt for past 5 years.

Debt Coverage: SY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is So-Young International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Xing Jin (41 yo)

8.83yrs

Tenure

Mr. Xing Jin is co-founder of So-Young International Inc. and has been its Director and Chief Executive Officer since March 2013. Mr. Jin serves as Chairman of So-Young International Inc. He was the Vice P...


Leadership Team

Experienced Management: SY's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: SY's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

So-Young International Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: So-Young International Inc.
  • Ticker: SY
  • Exchange: NasdaqGM
  • Founded: 2013
  • Industry: Interactive Media and Services
  • Sector: Media
  • Implied Market Cap: US$309.326m
  • Shares outstanding: 104.86m
  • Website: https://www.soyoung.com

Number of Employees


Location

  • So-Young International Inc.
  • Ronsin Technology Center
  • Tower E
  • Beijing
  • 100102
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:15
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.