So-Young International Inc. (SY)
NASDAQ (CM) NASDAQ (CM) Primary 
XFRA 
So-Young: Revenue Acceleration Is Overshadowed By Widening Losses (Rating Downgrade)
I lower my rating for So-Young International from 'Buy' to 'Hold' after analyzing its mixed 1Q2026 performance. 1Q2026 revenues surged 46% YoY, as the pivot towards offline aesthetic clinics paid off. But SY's net losses widened year-on-year in the first quarter due to lower contributions from high-margin online operations and costs relating to footprint expansion.
So-Young International Inc. (SY) Q1 2026 Earnings Call Transcript
So-Young International Inc. (SY) Q1 2026 Earnings Call Transcript
So-Young International Q1 Earnings Call Highlights
So-Young International NASDAQ: SY reported sharply higher first-quarter 2026 revenue, driven by rapid growth in its branded aesthetic center business, while management said the company is continuing to expand its clinic footprint and invest in standardized medical delivery.
So-Young International Inc. (SY) Q4 2025 Earnings Call Transcript
So-Young International Inc. (SY) Q4 2025 Earnings Call Transcript
So-Young: Turning Positive On Sales Beat And Attractive Valuations (Rating Upgrade)
I upgraded So-Young to "Buy" after its Q2 revenue beat expectations and the stock's post-earnings pullback created an attractive entry point. SY's successful pivot to branded aesthetic centers drove strong sequential sales growth, with this segment now accounting for 38% of total revenue. Despite ongoing losses and disappointing guidance, signs of operational improvement and profitability inflection are evident as clinic network expansion progresses.
So-Young International Inc. (SY) Q2 2025 Earnings Call Transcript
So-Young International Inc. (NASDAQ:SY ) Q2 2025 Earnings Conference Call August 15, 2025 7:30 AM ET Company Participants Hui Zhao - CFO & Director Mona Qiao - Investor Relation Officer Xing Jin - Co-Founder, CEO & Chairman Conference Call Participants Fuk Lung Cheung - Citigroup Inc., Research Division Kewei Chen - Haitong International Research Limited Yiteng Li - Haitong International Research Limited Operator Ladies and gentlemen, thank you for standing by for So-Young's Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference call is being recorded.
So-Young International Inc. (SY) Q1 2025 Earnings Call Transcript
So-Young International Inc. (NASDAQ:SY ) Q1 2025 Results Conference Call May 16, 2025 7:30 AM ET Company Participants Mona Qiao - Investor Relations Xing Jin - Co-Founder, Chairman & CEO Nick Zhao - CFO Conference Call Participants Nelson Cheung - Citibank Daisy Chen - Haitong Operator Ladies and gentlemen, thank you for standing by for So-Young's First Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode.
So-Young International Inc. (SY) Q4 2024 Earnings Call Transcript
So-Young International Inc. (NASDAQ:SY ) Q4 2024 Earnings Conference Call March 28, 2025 7:30 AM ET Company Participants Mona Qiao - IR Xing Jin - Co-Founder, Chairman, and CEO Nick Zhao - CFO Conference Call Participants Nelson Cheung - Citibank Ivy Li - Haitong Securities Jim Peng - CITIC Securities Operator Ladies and gentlemen, thank you for standing by for So-Young's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
So-Young International Inc. (SY) Q3 2024 Earnings Call Transcript
So-Young International Inc. (NASDAQ:SY ) Q3 2024 Earnings Call Transcript November 20, 2024 7:00 AM ET Company Participants Mona Qiao - IR Xing Jin - Co-Founder, Chairman, and CEO Nick Zhao - CFO Conference Call Participants Ivy Li - Haitong Securities Stacey Lee - Guosen Securities Nelson Cheung - Citibank Lusi Zhao - Penghua Funds Operator Ladies and gentlemen, thank you for standing by for So-Young's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in the listen-only mode.
So-Young International Inc. (SY) Q1 2024 Earnings Call Transcript
So-Young International Inc. (NASDAQ:SY ) Q1 2024 Earnings Conference Call May 28, 2024 7:30 AM ET Company Participants Mona Qiao - Investor Relations Xing Jin - Co-Founder, Director and Chief Executive Officer Hui Zhao - Chief Financial Officer Conference Call Participants Chloe Wei - CICC Yibing Wang - Haitong Joey Chan - Jefferies Operator Ladies and gentlemen, thank you for standing by for So-Young's First Quarter 2024 Earnings Conference Call. At this time all participants' are in listen-only mode.
