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. It also provides reservation services in the areas of dermatology, dentistry and orthodontics, ophthalmology, physical examinations, gynecology, human papilloma virus vaccines, and postnatal care; Software as a Service; and guiding and consulting services through training programs for medical service providers. In addition, the company offers internet information and technology advisory, management consulting, and Internet culture services, as well as sells medical equipment. As of December 31, 2020, it had approximately 6,900 medical aesthetic service providers and 4,200 other consumption healthcare service providers on its platform. The company was founded in 2013 and is headquartered in Beijing, China.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. It also provides reservation services in the areas of dermatology, dentistry and orthodontics, ophthalmology, physical examinations, gynecology, human papilloma virus vaccines, and postnatal care; Software as a Service; and guiding and consulting services through training programs for medical service providers. In addition, the company offers internet information and technology advisory, management consulting, and Internet culture services, as well as sells medical equipment. As of December 31, 2020, it had approximately 6,900 medical aesthetic service providers and 4,200 other consumption healthcare service providers on its platform. The company was founded in 2013 and is headquartered in Beijing, China.
IPO Year: 2019
Exchange: NASDAQ
Website: soyoung.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/22/2023 | $0.80 → $3.00 | Neutral → Buy | Citigroup |
| 11/26/2021 | $14.00 → $9.00 | Buy | Needham |
BEIJING, Oct. 12, 2023 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that Mr. Min Yu, Mr. Xuejian Li, Mr. Charles Zhaoxuan Yang and Mr. Harry Jiannan Wang have tendered their resignations as directors of the Company for personal reasons, effective as of October 12, 2023. The board of directors of the Company (the "Board") has approved the appointment of Ms. Nan Shen as an independent director of the Company where she will serve as the chair of the audit committee and as a member of the compensat
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
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6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
6-K - So-Young International Inc. (0001758530) (Filer)
BEIJING, Nov. 20, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total revenues were RMB371.8 million (US$53.0 million[1]), compared with RMB385.3 million in the corresponding period of 2023, exceeding the high end of guidance.Net income attributable to So-Young International Inc. was RMB20.3 million (US$2.9 million), compared with net income attributable to So-Young Intern
BEIJING, Nov. 6, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 20, 2024. So-Young's management will hold an earnings conference call on Wednesday, November 20, 2024, at 7:00 AM U.S. Eastern Time (8:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272 China: 4001-201203 US: +1
BEIJING, Aug. 29, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced it has received a notification letter dated August 28, 2024 (the "Notice") from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that for the last 30 consecutive business days, the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Notice
BEIJING, Aug. 23, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenues were RMB407.4 million (US$56.1 million[1]), compared with RMB412.1 million in the corresponding period of 2023, exceeding the high end of guidance.Net income attributable to So-Young International Inc. was RMB18.9 million (US$2.6 million), compared with net loss attributable to So-Young Internation
BEIJING, Aug. 5, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the second quarter ended June 30, 2024, before U.S. markets open on August 23, 2024. So-Young's management will hold an earnings conference call on Friday, August 23, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272 China: 4001-201203 US: +1-88
BEIJING, May 28, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenues were RMB318.3 million (US$44.1 million[1]), compared with RMB310.1 million in the corresponding period of 2023, exceeding the high end of guidance.Net loss attributable to So-Young International Inc. was RMB21.2 million (US$2.9 million), compared with net loss attributable to So-Young International I
BEIJING, May 21, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the first quarter ended March 31, 2024, before U.S. markets open on May 28, 2024. So-Young's management will hold an earnings conference call on Tuesday, May 28, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272China： 4001-201203US: +1-
BEIJING, April 25, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 25, 2024. The annual report is available on the Company's investor relations website at http://ir.soyoung.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon requ
BEIJING, March 20, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total revenues were RMB390.6 million (US$55.0 million[1]), compared with RMB325.1 million in the corresponding period of 2022, in line with previous guidance.Net income attributable to So-Young International Inc. was RMB17.5 million (US$2.5 million), compared with net income attributable to S
BEIJING, March 14, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before U.S. markets open on March 20, 2024. So-Young's management will hold an earnings conference call on Wednesday, March 20, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272China：
Citigroup upgraded So-Young International from Neutral to Buy and set a new price target of $3.00 from $0.80 previously
Needham reiterated coverage of So-Young Intl with a rating of Buy and set a new price target of $9.00 from $14.00 previously
Canaccord Genuity reiterated coverage of So-Young Intl with a rating of Buy and set a new price target of $14.00 from $16.00 previously
Needham reiterated coverage of So-Young Intl with a rating of Buy and set a new price target of $14.00 from $16.00 previously
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BEIJING, Nov. 20, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total revenues were RMB371.8 million (US$53.0 million[1]), compared with RMB385.3 million in the corresponding period of 2023, exceeding the high end of guidance.Net income attributable to So-Young International Inc. was RMB20.3 million (US$2.9 million), compared with net income attributable to So-Young Intern
BEIJING, Nov. 6, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 20, 2024. So-Young's management will hold an earnings conference call on Wednesday, November 20, 2024, at 7:00 AM U.S. Eastern Time (8:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272 China: 4001-201203 US: +1
BEIJING, Aug. 23, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenues were RMB407.4 million (US$56.1 million[1]), compared with RMB412.1 million in the corresponding period of 2023, exceeding the high end of guidance.Net income attributable to So-Young International Inc. was RMB18.9 million (US$2.6 million), compared with net loss attributable to So-Young Internation
BEIJING, Aug. 5, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the second quarter ended June 30, 2024, before U.S. markets open on August 23, 2024. So-Young's management will hold an earnings conference call on Friday, August 23, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272 China: 4001-201203 US: +1-88
BEIJING, May 28, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenues were RMB318.3 million (US$44.1 million[1]), compared with RMB310.1 million in the corresponding period of 2023, exceeding the high end of guidance.Net loss attributable to So-Young International Inc. was RMB21.2 million (US$2.9 million), compared with net loss attributable to So-Young International I
BEIJING, May 21, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the first quarter ended March 31, 2024, before U.S. markets open on May 28, 2024. So-Young's management will hold an earnings conference call on Tuesday, May 28, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272China： 4001-201203US: +1-
BEIJING, March 20, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total revenues were RMB390.6 million (US$55.0 million[1]), compared with RMB325.1 million in the corresponding period of 2022, in line with previous guidance.Net income attributable to So-Young International Inc. was RMB17.5 million (US$2.5 million), compared with net income attributable to S
BEIJING, March 14, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before U.S. markets open on March 20, 2024. So-Young's management will hold an earnings conference call on Wednesday, March 20, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-902-4272China：
BEIJING, Nov. 20, 2023 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights Total revenues were RMB385.3 million (US$52.8 million[1]), an increase of 19.2% from RMB323.3 million in the same period of 2022, in line with previous guidance.Net income attributable to So-Young was RMB18.3 million (US$2.5 million), compared with net income attributable to So-Young of RMB2.3 million in the t
BEIJING, Aug. 21, 2023 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights Total revenues were RMB412.1 million (US$56.8 million[1]), an increase of 33.3% from RMB309.1 million in the same period of 2022, exceeding the high end of guidance.Net loss attributable to So-Young was RMB2.6 million (US$0.4 million), compared with net loss attributable to So-Young of RMB32.3 million in the secon
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So-Young International Inc (NASDAQ:SY) shares are trading higher in the premarket session after reporting fiscal first-quarter results. So-Young International reported revenue of $44.1 million, beating the analyst consensus estimate of $42.2 million. Revenues rose 2.6% year-over-year. The China-based consumption healthcare services provider registered GAAP EPADS of $0.01 versus the analyst consensus estimate of $0.00. Revenues beat estimates on higher sales of medical products and maintenance services from growing order volumes for cosmetic products and medical equipment. Information services and other revenues were $28.9 million (-0.7%Y/Y), primarily due to decreased medical s
First Quarter 2024 Operational Highlights Average mobile MAUs were 2.0 million, compared with 3.4 million in the first quarter of 2023. Number of medical service providers subscribing to information services on So-Young's platform was 1,160, compared with 1,419 in the first quarter of 2023. Total number of purchasing users through reservation services was 132.8 thousand and the aggregate value of medical aesthetic treatment transactions facilitated by So-Young's platform was RMB367.1 million.
Business Outlook For the second quarter of 2024, So-Young expects total revenues to be between RMB380.0 million (US$52.6 million) and RMB400.0 million (US$55.4 million), representing a 7.8% to 2.9% decrease from the same period in 2023. The above outlook is based on the current market conditions and reflects the Company's preliminary estimates of market and operating conditions, as well as customer demand, which are all subject to change.
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Key Takeaways: So-Young reported an annual profit last year, reversing two years of losses, as its revenue rose 19% The company’s new So-Young Prime service for high-end users helped to fuel a 22.2% revenue jump in its information services segment last year By Edith Terry So-Young International Inc.’s (NASDAQ:SY) latest quarterly results provided a facelift for its tired stock, which jumped 4% in the days after its announcement last week. Still, the small pop left shares of the cosmetic services platform operator well below prettier times when it debuted on the Nasdaq in 2019 at a price 20 times its Wednesday close of $1.08. The latest results showed that So-Young is charting a new c