So-Young International
Market Cap
US$1.4b
Last Updated
2021/01/23 23:14 UTC
Data Sources
Company Financials +
Executive Summary
So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with high growth potential.
Share Price & News
How has So-Young International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SY's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
15.7%
SY
8.7%
US Interactive Media and Services
2.3%
US Market
1 Year Return
0.6%
SY
32.7%
US Interactive Media and Services
23.8%
US Market
Return vs Industry: SY underperformed the US Interactive Media and Services industry which returned 32.7% over the past year.
Return vs Market: SY underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| SY | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.7% | 8.7% | 2.3% |
| 30 Day | 16.0% | 6.7% | 4.8% |
| 90 Day | 8.4% | 10.7% | 14.5% |
| 1 Year | 0.6%0.6% | 32.7%32.7% | 26.6%23.8% |
| 3 Year | n/a | 49.0%48.9% | 45.0%35.4% |
| 5 Year | n/a | 142.2%141.7% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is So-Young International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
So-Young International Inc.'s (NASDAQ:SY) Intrinsic Value Is Potentially 76% Above Its Share Price4 months ago | Simply Wall St
Will The ROCE Trend At So-Young International (NASDAQ:SY) Continue?5 months ago | Simply Wall St
An Intrinsic Calculation For So-Young International Inc. (NASDAQ:SY) Suggests It's 50% UndervaluedValuation
Is So-Young International undervalued compared to its fair value and its price relative to the market?
38.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SY ($13.23) is trading below our estimate of fair value ($21.41)
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 (242.8x) compared to the US Interactive Media and Services industry average (33.2x).
PE vs Market: SY is poor value based on its PE Ratio (242.8x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SY is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: SY is good value based on its PB Ratio (3.5x) compared to the US Interactive Media and Services industry average (3.8x).
Next Steps
Future Growth
How is So-Young International forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
78.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SY's forecast earnings growth (78.1% per year) is above the savings rate (2%).
Earnings vs Market: SY's earnings (78.1% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SY's revenue (38.7% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: SY's revenue (38.7% 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 (11.5%).
Next Steps
Past Performance
How has So-Young International performed over the past 5 years?
82.6%
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%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: SY's earnings have grown significantly by 82.6% per year over the past 5 years.
Accelerating Growth: SY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SY had negative earnings growth (-40.4%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-0.2%).
Return on Equity
High ROE: SY's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is So-Young International's financial position?
Financial Position Analysis
Short Term Liabilities: SY's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥504.8M).
Long Term Liabilities: SY's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥110.9M).
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
Next Steps
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?
5.2yrs
Average management tenure
CEO
Xing Jin (40 yo)
7.83yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.83yrs | no data | 15.83% CN¥ 223.6m | |
| Co-Founder & Consultant | 8yrs | no data | no data | |
| CFO & Director | 1.67yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Human Resources officer | 2.58yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
5.2yrs
Average Tenure
40yo
Average Age
Experienced Management: SY's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.83yrs | no data | 15.83% CN¥ 223.6m | |
| CFO & Director | 1.67yrs | no data | no data | |
| Director | 1.08yrs | no data | no data | |
| Director | 6.42yrs | no data | no data | |
| Independent Director | 1.67yrs | no data | no data | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 0.67yr | no data | no data |
1.4yrs
Average Tenure
36yo
Average Age
Experienced Board: SY's board of directors are not considered experienced ( 1.4 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.5%.
Top Shareholders
Company Information
So-Young International Inc.'s company bio, 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
- Market Cap: US$1.413b
- Shares outstanding: 106.77m
- Website: https://www.soyoung.com
Number of Employees
Location
- So-Young International Inc.
- Ronsin Technology Center
- Tower E
- Beijing
- 100102
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SY | NasdaqGM (Nasdaq Global Market) | Yes | SPONSORED ADS | US | USD | May 2019 |
Biography
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 conte...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:14 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.