So-Young International Inc (SY) FinancialsSYSo-Young International Inc

Evaluating the bottom line, So-Young International Inc maintains a gross margin of 44.11%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -8.63%, while the net margin is -4.89%. These profitability ratios, combined with a Return on Equity (ROE) of -15.31%, provide a clear picture of how effectively SY converts its operational activities into shareholder value.

In the context of the broader market, SY competes directly with industry leaders such as UXIN and CXDO. With a market capitalization of $210.27M, it holds a significant position in the sector. When comparing efficiency, SY's gross margin of 44.11% stands against UXIN's -0.75% and CXDO's 80.50%. Such benchmarking helps identify whether So-Young International Inc is trading at a premium or discount relative to its financial performance.

So-Young International has shown fluctuating revenue growth, with Q2 2026 revenue at 505.2 million CNY, a 33% increase year-over-year, but continues to report net losses, including -22.7 million CNY in Q2 2026. Gross margins have also declined, indicating potential challenges in profitability.