So-Young International Future Growth

Future criteria checks 3/6

So-Young International is forecast to grow earnings and revenue by 43.6% and 5.9% per annum respectively. EPS is expected to grow by 48.2% per annum. Return on equity is forecast to be 3.2% in 3 years.

Key information

43.6%

Earnings growth rate

48.2%

EPS growth rate

Interactive Media and Services earnings growth	12.2%
Revenue growth rate	5.9%
Future return on equity	3.2%
Analyst coverage	Low
Last updated	03 Dec 2024

Recent future growth updates

Recent updates

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

Sep 15

Regulatory Wrinkles Spoil So-Young's Latest Results

Sep 13

Cosmetic Surgery Information Hub So-Young Dolls Up With Major Acquisition

Jul 01

So-Young briefly slips on new short report from Blue Orca Capital

May 06

So-Young International Inc. (NASDAQ:SY) Shares Could Be 28% Below Their Intrinsic Value Estimate

Feb 18

So-Young International EPS misses by $0.01, beats on revenue

Nov 25

Earnings and Revenue Growth Forecasts

NasdaqGM:SY - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,702	109	N/A	N/A	2
12/31/2025	1,625	83	N/A	N/A	3
12/31/2024	1,536	55	N/A	N/A	2
9/30/2024	1,488	36	N/A	N/A	N/A
6/30/2024	1,502	34	N/A	N/A	N/A
3/31/2024	1,506	12	N/A	N/A	N/A
12/31/2023	1,498	21	-29	23	N/A
9/30/2023	1,433	35	N/A	N/A	N/A
6/30/2023	1,371	19	N/A	N/A	N/A
3/31/2023	1,268	-11	N/A	N/A	N/A
12/31/2022	1,258	-66	-129	-113	N/A
9/30/2022	1,382	-125	N/A	N/A	N/A
6/30/2022	1,490	-120	N/A	N/A	N/A
3/31/2022	1,633	-30	N/A	N/A	N/A
12/31/2021	1,692	-8	39	84	N/A
9/30/2021	1,668	58	N/A	N/A	N/A
6/30/2021	1,596	52	N/A	N/A	N/A
3/31/2021	1,472	-3	N/A	N/A	N/A
12/31/2020	1,295	6	142	179	N/A
9/30/2020	1,229	37	N/A	N/A	N/A
6/30/2020	1,171	68	N/A	N/A	N/A
3/31/2020	1,128	82	N/A	N/A	N/A
12/31/2019	1,152	127	346	384	N/A
9/30/2019	976	62	N/A	N/A	N/A
6/30/2019	842	-23	N/A	N/A	N/A
3/31/2019	710	-52	N/A	N/A	N/A
12/31/2018	617	-49	193	199	N/A
9/30/2018	532	-30	165	170	N/A
12/31/2017	259	-11	N/A	91	N/A
12/31/2016	49	-103	N/A	-41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SY's forecast earnings growth (43.6% per year) is above the savings rate (2.6%).

Earnings vs Market: SY's earnings (43.6% per year) are forecast to grow faster than the US market (15.2% per year).

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

Revenue vs Market: SY's revenue (5.9% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: SY's revenue (5.9% per year) is forecast to grow slower 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 (3.2%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 01:01
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

So-Young International Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Austin Moldow	Canaccord Genuity
Natalie Wu	China International Capital Corporation Limited
Kai Qian	China International Capital Corporation Limited

So-Young International Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

So-Young International Inc. Provides Revenue Guidance for the Fourth Quarter of 2024

Consensus EPS estimates increase by 150%

Consensus revenue estimates decrease by 11%, EPS upgraded

Consensus EPS estimates increase by 767%, revenue downgraded

So-Young International Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

So-Young International Inc. Provides Earnings Guidance for the Third Quarter of 2023

Recent updates

So-Young International Inc. Provides Revenue Guidance for the Fourth Quarter of 2024

Investors Give So-Young International Inc. (NASDAQ:SY) Shares A 34% Hiding

So-Young International Inc. to Report Q3, 2024 Results on Nov 20, 2024

So-Young: Anticipating Both Top-Line Recovery And Margin Pressures

Potential Upside For So-Young International Inc. (NASDAQ:SY) Not Without Risk

Is Now An Opportune Moment To Examine So-Young International Inc. (NASDAQ:SY)?

So-Young International Inc. to Report Q2, 2024 Results on Aug 23, 2024

Many Still Looking Away From So-Young International Inc. (NASDAQ:SY)

Investor sentiment deteriorates as stock falls 15%

So-Young International Inc. to Report Q1, 2024 Results on May 28, 2024

Full year 2023 earnings: EPS misses analyst expectations

Is Now The Time To Look At Buying So-Young International Inc. (NASDAQ:SY)?

Investor sentiment improves as stock rises 15%

So-Young International Inc. Announces Resignation of Yang Yu as Director and Chief Technology Officer

Consensus EPS estimates increase by 150%

So-Young Dolls Up With Pivot To High-End Services

Consensus revenue estimates decrease by 11%, EPS upgraded

So-Young International Inc. (NasdaqGM:SY) announces an Equity Buyback for $25 million worth of its shares.

So-Young International Inc. to Report Q4, 2023 Results on Mar 20, 2024

Market Cool On So-Young International Inc.'s (NASDAQ:SY) Revenues

So-Young International Inc Has Appoints Haipeng Zhang as Chairperson of the Compensation Committee, and as A Member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board

What Is So-Young International Inc.'s (NASDAQ:SY) Share Price Doing?

Consensus EPS estimates increase by 767%, revenue downgraded

Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.021 in 3Q 2022)

So-Young International Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

Investor sentiment improves as stock rises 15%

So-Young International Inc. to Report Q3, 2023 Results on Nov 20, 2023

So-Young International Inc. Announces Board Changes

Investor sentiment deteriorates as stock falls 16%

So-Young International Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: CN¥0.026 loss per share (vs CN¥0.30 loss in 2Q 2022)

So-Young International Inc. to Report Q2, 2023 Results on Aug 21, 2023

Director notifies of intention to sell stock

So-Young International Inc. Provides Earnings Guidance for Second Quarter of 2023

First quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.63 loss in 1Q 2022)

So-Young International Announces Resignation of Rui Cai as Chief Operating Officer

So-Young International Inc. Appoints Hui Zhao as Chief Financial Officer

Director notifies of intention to sell stock

Full year 2022 earnings released: CN¥0.61 loss per share (vs CN¥0.079 loss in FY 2021)

Less than half of directors are independent

So-Young Regains Compliance with Nasdaq Minimum Bid Price Requirement

So-Young International Inc. (NasdaqGM:SY) announces an Equity Buyback for $15 million worth of its shares.

So-Young International Inc. to Report Q3, 2022 Results on Nov 18, 2022

Now 22% undervalued after recent price drop

So-Young International Inc. Announces Appointment of Management Positions

So-Young International: Tough Times

Now 20% undervalued after recent price drop

Consensus revenue estimates increase by 14%

Less than half of directors are independent

So-Young International Inc. Provides Revenue Guidance for the Third Quarter of 2022

So-Young International GAAP EPADS of -$0.06, revenue of $46.1M beats by $1.01M

So-Young International Inc. to Report Q2, 2022 Results on Aug 16, 2022

So-Young Announces Receipt of Minimum Bid Price Notice from Nasdaq

So-Young receives minimum bid price notice from Nasdaq

So-Young: Highly Attractive Risk-Reward Profile

So-Young International Inc. Provides No Revenue Guidance for the Second Quarter of 2022

So-Young International Inc. to Report Q1, 2022 Results on May 23, 2022

Full year 2021 earnings: EPS misses analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Xing Jin made an offer to acquire remaining 83.6% stake in So-Young International Inc. (NasdaqGM:SY) for approximately $400 million.

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Co-Founder notifies of intention to sell stock

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

Regulatory Wrinkles Spoil So-Young's Latest Results