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So-Young International ( (SY) ) has shared an announcement.
On March 25, 2026, So-Young reported unaudited results for the fourth quarter and fiscal year ended December 31, 2025, highlighting strong growth in its branded aesthetic center business. Fourth-quarter revenue climbed 24.8% year-on-year to RMB460.7 million, driven by a 205.3% surge in aesthetic treatment services revenue to RMB248.1 million, while the net loss narrowed sharply to RMB108.8 million as center profitability and operating cash flow improved across its 49 locations.
For full-year 2025, total revenue inched up to RMB1.523 billion and the annual net loss was reduced to RMB242.3 million, even as non-GAAP net loss widened due to adjustments. Operationally, verified treatment visits and active users more than tripled, core member contributions exceeded 80% of aesthetic services revenue, and the company extended its US$25 million share repurchase program by 12 months through March 31, 2027, underscoring management’s confidence in its strategy and positioning as China’s largest light medical aesthetics chain by scale.
The most recent analyst rating on (SY) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on So-Young International stock, see the SY Stock Forecast page.
Spark’s Take on SY Stock
According to Spark, TipRanks’ AI Analyst, SY is a Neutral.
The overall stock score of 47 reflects significant financial challenges, including declining revenue and profitability, as well as negative cash flows. Technical analysis indicates bearish momentum, further weighing on the stock. While the earnings call provided some positive insights into growth areas, the financial and technical weaknesses are more pressing concerns.
To see Spark’s full report on SY stock, click here.
More about So-Young International
So-Young International Inc. is a Beijing-based online aesthetic treatment platform that connects Chinese consumers with medical beauty services and offline branded aesthetic centers. Listed on Nasdaq, the company focuses on light medical aesthetics and has rapidly expanded a nationwide chain of self-operated and franchised clinics across major cities in China.
Average Trading Volume: 575,658
Technical Sentiment Signal: Buy
Current Market Cap: $289.9M
For detailed information about SY stock, go to TipRanks’ Stock Analysis page.