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So-Young International

Nasdaq:SY
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SY
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Media
Company description

So-Young International Inc. operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The last earnings update was 8 days ago. More info.


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  • So-Young International has significant price volatility in the past 3 months.
SY Share Price and Events
7 Day Returns
-0.6%
NasdaqGM:SY
6.4%
US Interactive Media and Services
12.5%
US Market
1 Year Returns
-
NasdaqGM:SY
-11%
US Interactive Media and Services
-12.7%
US Market
SY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
So-Young International (SY) -0.6% -19.2% -20.3% - - -
US Interactive Media and Services 6.4% -17.7% -20.4% -11% 16.3% 69.2%
US Market 12.5% -14.7% -21.5% -12.7% 5.4% 17.5%
1 Year Return vs Industry and Market
  • No trading data on SY.
  • No trading data on SY.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is So-Young International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of So-Young International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for So-Young International.

NasdaqGM:SY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:SY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 6.3%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.029 (1 + (1- 25%) (2.17%))
1.03
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.03 * 6.33%)
8.26%

Discounted Cash Flow Calculation for NasdaqGM:SY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for So-Young International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGM:SY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 8.26%)
2020 216.12 Est @ 9.87% 199.63
2021 232.19 Est @ 7.43% 198.10
2022 245.48 Est @ 5.73% 193.46
2023 256.60 Est @ 4.53% 186.79
2024 266.08 Est @ 3.69% 178.90
2025 274.35 Est @ 3.11% 170.38
2026 281.74 Est @ 2.7% 161.62
2027 288.53 Est @ 2.41% 152.89
2028 294.91 Est @ 2.21% 144.34
2029 301.01 Est @ 2.07% 136.08
Present value of next 10 years cash flows CN¥1,722.00
NasdaqGM:SY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥301.01 × (1 + 1.74%) ÷ (8.26% – 1.74%)
CN¥4,695.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥4,695.13 ÷ (1 + 8.26%)10
CN¥2,122.58
NasdaqGM:SY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥1,722.00 + CN¥2,122.58
CN¥3,844.58
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥3,844.58 / 105.78
CN¥36.34
NasdaqGM:SY Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NasdaqGM:SY)
0.141
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥36.34 x 0.141
$5.12
Value per share (USD) From above. $5.12
Current discount Discount to share price of $9.74
= -1 x ($9.74 - $5.12) / $5.12
-90.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of So-Young International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for So-Young International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are So-Young International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:SY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥1.64
NasdaqGM:SY Share Price ** NasdaqGM (2020-03-30) in USD $9.74
NasdaqGM:SY Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.099 CN¥69.14
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 30 Publicly-Listed Interactive Media and Services Companies 23.3x
United States of America Market PE Ratio Median Figure of 2,942 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of So-Young International.

NasdaqGM:SY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:SY Share Price ÷ EPS (both in CNY)

= 69.14 ÷ 1.64

42.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • So-Young International is overvalued based on earnings compared to the US Interactive Media and Services industry average.
  • So-Young International is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does So-Young International's expected growth come at a high price?
Raw Data
NasdaqGM:SY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
52.5%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 25 Publicly-Listed Interactive Media and Services Companies 1.48x
United States of America Market PEG Ratio Median Figure of 2,006 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

NasdaqGM:SY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 42.18x ÷ 52.5%

0.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • So-Young International is good value based on expected growth next year.
Price based on value of assets
What value do investors place on So-Young International's assets?
Raw Data
NasdaqGM:SY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥24.98
NasdaqGM:SY Share Price * NasdaqGM (2020-03-30) in USD $9.74
NasdaqGM:SY Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.099 CN¥69.14
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 62 Publicly-Listed Interactive Media and Services Companies 1.77x
United States of America Market PB Ratio Median Figure of 5,143 Publicly-Listed Companies 1.26x
NasdaqGM:SY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:SY Share Price ÷ Book Value per Share (both in CNY)

= 69.14 ÷ 24.98

2.77x

* Primary Listing of So-Young International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • So-Young International is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess So-Young International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. So-Young International has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is So-Young International expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
52.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is So-Young International expected to grow at an attractive rate?
  • So-Young International's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • So-Young International's earnings growth is expected to exceed the United States of America market average.
  • So-Young International's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:SY Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:SY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 52.5%
NasdaqGM:SY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 35.3%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:SY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:SY Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,781 2,279 1
2022-12-31 3,815 1,105 1,099 2
2021-12-31 2,662 918 578 3
2020-12-31 1,528 523 169 3
2020-03-31
NasdaqGM:SY Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 1,152 127
2019-09-30 976 62
2019-06-30 842 -23
2019-03-31 710 -52
2018-12-31 617 199 -49
2018-09-30 532 170 -30
2017-12-31 259 91 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • So-Young International's earnings are expected to grow significantly at over 20% yearly.
  • So-Young International's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:SY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from So-Young International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:SY Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 20.70 20.70 20.70 1.00
2022-12-31 12.20 12.20 12.20 1.00
2021-12-31 6.58 9.28 4.51 3.00
2020-12-31 1.58 1.77 1.46 3.00
2020-03-31
NasdaqGM:SY Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 1.64
2019-09-30 1.04
2019-06-30 -0.56
2019-03-31 -1.68
2018-12-31 -1.54
2018-09-30 -0.89
2017-12-31 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • So-Young International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess So-Young International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
So-Young International has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has So-Young International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare So-Young International's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if So-Young International's year on year earnings growth rate was positive over the past 5 years.
  • So-Young International has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • So-Young International has become profitable in the last year making it difficult to compare the US Interactive Media and Services industry average.
Earnings and Revenue History
So-Young International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from So-Young International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:SY Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,151.64 126.51 630.56 177.27
2019-09-30 976.48 61.59 554.06 148.51
2019-06-30 842.41 -23.35 496.97 143.52
2019-03-31 709.58 -52.38 426.27 112.65
2018-12-31 617.23 -49.13 381.80 94.73
2018-09-30 532.06 -29.52 333.32 78.54
2017-12-31 259.31 -11.32 157.19 32.56
2016-12-31 49.09 -102.52 80.25 17.93

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • So-Young International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • So-Young International used its assets less efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.
  • So-Young International has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess So-Young International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
So-Young International has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is So-Young International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up So-Young International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • So-Young International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • So-Young International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of So-Young International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • So-Young International has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from So-Young International Company Filings, last reported 3 months ago.

NasdaqGM:SY Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,642.64 0.00 2,827.54
2019-09-30 2,585.48 0.00 2,764.92
2019-06-30 2,482.61 0.00 2,665.04
2019-03-31 1,074.07 0.00 1,270.50
2018-12-31 1,038.38 0.00 1,206.92
2018-09-30 993.80 0.00 1,134.70
2017-12-31 427.46 0.00 522.12
2016-12-31 95.26 0.00 111.02
  • So-Young International has no debt.
  • So-Young International has not taken on any debt in the past 5 years.
  • So-Young International has no debt, it does not need to be covered by operating cash flow.
  • So-Young International has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess So-Young International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. So-Young International has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is So-Young International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from So-Young International dividends. Estimated to be 0% next year.
If you bought $2,000 of So-Young International shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate So-Young International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate So-Young International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:SY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 0.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:SY Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as So-Young International has not reported any payouts.
  • Unable to verify if So-Young International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of So-Young International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as So-Young International has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of So-Young International's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess So-Young International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can So-Young International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. So-Young International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of So-Young International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Xing Jin
AGE 38
TENURE AS CEO 7 years
CEO Bio

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 President and General Manager of Social Operations of IM2.0 Interactive Group from 2011 to 2013. From 2009 to 2011, Mr. Jin served as a Product Operations Director at Tenpay, an online payment service provider under Tencent Group (HKEx: 0700). Prior to that, Mr. Jin co-founded a social networking service community from 2007 to 2009, served as a Senior Product Operations Manager at Oak Pacific Interactive from 2004 to 2007, and served as a Product Development Manager for Tom.com from 2001 to 2004. Mr. Jin received his bachelor’s degree in management information systems from Tianjin University in 2001.

CEO Compensation
  • Insufficient data for Xing to compare compensation growth.
  • Insufficient data for Xing to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the So-Young International management team in years:

4.3
Average Tenure
38
Average Age
  • The tenure for the So-Young International management team is about average.
Management Team

Xing Jin

TITLE
Co-Founder
AGE
38
TENURE
7 yrs

Tao Yu

TITLE
Co-Founder & Chief Information Officer
AGE
40
TENURE
7.2 yrs

Min Yu

TITLE
CFO & Director
AGE
35
TENURE
1.4 yrs

Xuejian Li

TITLE
Chief Technology Officer
AGE
36

Christian Arnell

TITLE
Investor Relations Officer

Guangwei Zhao

TITLE
Chief Human Resources officer
AGE
39
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure and age of the So-Young International board of directors in years:

0.8
Average Tenure
35.5
Average Age
  • The average tenure for the So-Young International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Xing Jin

TITLE
Co-Founder
AGE
38

Min Yu

TITLE
CFO & Director
AGE
35
TENURE
0.8 yrs

Jay Xiao

TITLE
Independent Director
AGE
35
TENURE
0.8 yrs

Charles Yang

TITLE
Independent Director
AGE
36
TENURE
0.8 yrs

Huadong Wang

TITLE
Director
AGE
34
TENURE
5.6 yrs

Feng Tang Zhang

TITLE
Director
AGE
48
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Feb 20 Buy Orchid Asia Group Management, Ltd. Company 26. Dec 19 04. Feb 20 911,013 $14.20 $11,467,762
27. Dec 19 Buy Orchid Asia Group Management, Ltd. Company 10. Dec 19 24. Dec 19 874,257 $12.35 $10,484,160
12. Dec 19 Buy Orchid Asia Group Management, Ltd. Company 19. Nov 19 09. Dec 19 1,006,018 $12.17 $11,974,299
21. Nov 19 Buy Orchid Asia Group Management, Ltd. Company 30. Aug 19 18. Nov 19 1,757,332 $12.00 $699,612
01. Nov 19 Buy Orchid Asia Group Management, Ltd. Company 30. Aug 19 22. Oct 19 1,803,136 $11.84 $19,836,459
X
Management checks
We assess So-Young International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. So-Young International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why So-Young International Inc. (NASDAQ:SY) Could Have A Place In Your Portfolio

By this I mean, I look at stocks holistically, from their financial health to their future outlook. … If you're interested in understanding beyond my broad commentary, read the full report on So-Young International here.Flawless balance sheet with high growth potential One reason why investors are attracted to SY is its notable earnings growth potential in the near future of 55%. … NasdaqGM:SY Past and Future Earnings, September 2nd 2019 Next Steps: For So-Young International, there are three important aspects you should further examine: Historical Performance: What has SY's returns been like over the past?

Simply Wall St -

Company Info

Description

So-Young International Inc. operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The company facilitates research for treatments, read reviews about them, and book appointments on the platform and blog under the name Beauty Diaries. 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 China and internationally. The company provides Software as a Service and professional training programs for medical service providers in aesthetic, dental, dermatology, ophthalmology, gynecology, and physical examination sectors. So-Young International Inc. was founded in 2013 and is headquartered in Beijing, China.

Details
Name: So-Young International Inc.
SY
Exchange: NasdaqGM
Founded: 2013
$1,030,329,721
105,783,339
Website: http://www.soyoung.com
Address: So-Young International Inc.
3/F, Wangjing SOHO-Tower 3A,
Chaoyang District,
Beijing,
100102,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM SY SPONSORED ADS Nasdaq Global Market US USD 02. May 2019
Number of employees
Current staff
Staff numbers
862
So-Young International employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 02:25
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/03/23
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.