So-Young International Inc
NASDAQ:SY
Income Statement
Earnings Waterfall
So-Young International Inc
Revenue
|
1.5B
CNY
|
Cost of Revenue
|
-544.3m
CNY
|
Gross Profit
|
953.7m
CNY
|
Operating Expenses
|
-1B
CNY
|
Operating Income
|
-61m
CNY
|
Other Expenses
|
82.3m
CNY
|
Net Income
|
21.3m
CNY
|
Income Statement
So-Young International Inc
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Revenue |
259
N/A
|
346
+33%
|
448
+30%
|
532
+19%
|
617
+16%
|
710
+15%
|
843
+19%
|
977
+16%
|
1 152
+18%
|
1 128
-2%
|
1 171
+4%
|
1 229
+5%
|
1 295
+5%
|
1 472
+14%
|
1 596
+8%
|
1 668
+5%
|
1 693
+1%
|
1 633
-4%
|
1 490
-9%
|
1 382
-7%
|
1 258
-9%
|
1 268
+1%
|
1 371
+8%
|
1 433
+5%
|
1 498
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(45)
|
(52)
|
(64)
|
(76)
|
(92)
|
(113)
|
(142)
|
(172)
|
(199)
|
(205)
|
(206)
|
(207)
|
(212)
|
(221)
|
(230)
|
(264)
|
(328)
|
(382)
|
(428)
|
(432)
|
(393)
|
(400)
|
(446)
|
(495)
|
(544)
|
|
Gross Profit |
215
N/A
|
293
+37%
|
384
+31%
|
456
+19%
|
526
+15%
|
596
+13%
|
701
+17%
|
805
+15%
|
953
+18%
|
923
-3%
|
965
+5%
|
1 022
+6%
|
1 083
+6%
|
1 251
+15%
|
1 366
+9%
|
1 403
+3%
|
1 365
-3%
|
1 251
-8%
|
1 063
-15%
|
950
-11%
|
865
-9%
|
867
+0%
|
924
+7%
|
938
+1%
|
954
+2%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(190)
|
(224)
|
(300)
|
(412)
|
(477)
|
(539)
|
(641)
|
(703)
|
(808)
|
(862)
|
(929)
|
(1 035)
|
(1 140)
|
(1 321)
|
(1 369)
|
(1 356)
|
(1 331)
|
(1 319)
|
(1 230)
|
(1 061)
|
(967)
|
(934)
|
(969)
|
(970)
|
(1 015)
|
|
Selling, General & Administrative |
(157)
|
(185)
|
(247)
|
(333)
|
(382)
|
(426)
|
(497)
|
(554)
|
(631)
|
(673)
|
(735)
|
(818)
|
(910)
|
(1 065)
|
(1 093)
|
(1 066)
|
(1 045)
|
(940)
|
(860)
|
(799)
|
(732)
|
(714)
|
(760)
|
(770)
|
(811)
|
|
Research & Development |
(33)
|
(40)
|
(53)
|
(79)
|
(95)
|
(113)
|
(144)
|
(149)
|
(177)
|
(189)
|
(189)
|
(213)
|
(229)
|
(256)
|
(276)
|
(290)
|
(287)
|
(296)
|
(287)
|
(262)
|
(235)
|
(212)
|
(201)
|
(200)
|
(204)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(84)
|
(84)
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
|
Operating Income |
25
N/A
|
69
+177%
|
83
+21%
|
44
-47%
|
49
+12%
|
57
+17%
|
60
+5%
|
102
+70%
|
145
+42%
|
61
-58%
|
37
-40%
|
(14)
N/A
|
(57)
-314%
|
(70)
-24%
|
(3)
+96%
|
47
N/A
|
33
-29%
|
(68)
N/A
|
(168)
-146%
|
(111)
+34%
|
(103)
+7%
|
(66)
+35%
|
(45)
+32%
|
(32)
+29%
|
(61)
-92%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
1
|
0
|
0
|
0
|
8
|
14
|
21
|
32
|
51
|
51
|
57
|
57
|
48
|
37
|
32
|
28
|
22
|
23
|
19
|
15
|
15
|
27
|
34
|
42
|
47
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(84)
|
0
|
0
|
(74)
|
(8)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(12)
|
(4)
|
6
|
3
|
1
|
7
|
27
|
35
|
35
|
25
|
5
|
6
|
9
|
23
|
23
|
21
|
12
|
11
|
14
|
10
|
8
|
6
|
8
|
19
|
22
|
|
Pre-Tax Income |
13
N/A
|
65
+391%
|
89
+38%
|
47
-48%
|
58
+25%
|
78
+34%
|
108
+38%
|
169
+56%
|
227
+34%
|
133
-41%
|
98
-26%
|
48
-51%
|
0
-100%
|
(10)
N/A
|
52
N/A
|
78
+49%
|
(16)
N/A
|
(35)
-113%
|
(135)
-286%
|
(160)
-18%
|
(87)
+45%
|
(33)
+62%
|
(3)
+92%
|
29
N/A
|
8
-73%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
4
|
(0)
|
(3)
|
0
|
(3)
|
(8)
|
(17)
|
(22)
|
(50)
|
(38)
|
(30)
|
(11)
|
5
|
5
|
(4)
|
(24)
|
(21)
|
(24)
|
(12)
|
9
|
21
|
23
|
24
|
10
|
18
|
|
Income from Continuing Operations |
17
|
65
|
87
|
47
|
55
|
70
|
91
|
148
|
177
|
95
|
68
|
37
|
5
|
(6)
|
49
|
54
|
(38)
|
(59)
|
(147)
|
(151)
|
(66)
|
(10)
|
21
|
39
|
26
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
4
|
4
|
29
|
28
|
27
|
27
|
1
|
(1)
|
(2)
|
(3)
|
(5)
|
|
Net Income (Common) |
(11)
N/A
|
24
N/A
|
32
+31%
|
(30)
N/A
|
(49)
-66%
|
(52)
-7%
|
(23)
+55%
|
62
N/A
|
127
+105%
|
82
-35%
|
68
-17%
|
37
-45%
|
6
-84%
|
(3)
N/A
|
52
N/A
|
58
+11%
|
(8)
N/A
|
(30)
-258%
|
(120)
-299%
|
(125)
-4%
|
(66)
+47%
|
(11)
+84%
|
19
N/A
|
35
+84%
|
21
-39%
|
|
EPS (Diluted) |
-0.15
N/A
|
0.31
N/A
|
0.41
+32%
|
-0.38
N/A
|
-0.64
-68%
|
-0.67
-5%
|
-0.3
+55%
|
0.74
N/A
|
2
+170%
|
1.01
-50%
|
0.81
-20%
|
0.44
-46%
|
0.07
-84%
|
-0.04
N/A
|
0.62
N/A
|
0.71
+15%
|
-0.1
N/A
|
-0.38
-280%
|
-1.46
-284%
|
-1.51
-3%
|
-0.79
+48%
|
-0.13
+84%
|
0.23
N/A
|
0.44
+91%
|
0.27
-39%
|