So-Young International Inc. Overview
So-Young International Inc. (NASDAQ: SY) is known as a leading aesthetic treatment platform that connects consumers online to offline services. This article captures the highlights from their latest unaudited financial results for the third quarter of 2025.
Quarterly Financial Highlights
The company's total revenues reached RMB386.7 million (approximately US$54.3 million), reflecting a rise over the previous year's RMB371.8 million. The revenue from aesthetic treatment services significantly increased to RMB183.6 million (about US$25.8 million), surpassing expectations.
Key Financial Metrics
Despite the growth in revenue, So-Young faced a net loss of RMB64.3 million (about US$9.0 million) compared to a net income of RMB20.3 million in the same quarter of the prior year. The non-GAAP net loss, excluding share-based compensation, was RMB61.6 million (approximately US$8.7 million).
Operational Performance Analysis
Operationally, the company reported more than 89,800 verified treatment visits to branded aesthetic centers, a notable increase from about 23,600 in the same quarter of the prior year. Total verified aesthetic treatments performed topped 194,700, in contrast to around 49,100 treatments completed in the prior year.
User Engagement and Growth
The number of active users surged past 130,000, a significant jump from approximately 30,300 users in the previous year. This growth reflects the increasing consumer interest and trust in the So-Young brand.
Revenue Performance by Segment
In terms of revenue breakdown, aesthetic treatment services contributed a sizable share, highlighting the success of So-Young’s business model in this category. Other segments, however, including information and reservation services, experienced declines due to a reduction in subscriber numbers.
Management Insights
Co-Founder and CEO Xing Jin expressed positivity regarding the company’s trajectory, emphasizing the strong demand for aesthetic services and improvement in operational efficiencies. CFO Hui Zhao also noted their strategic investments aimed at sustainable growth, as they aim to expand their network of branded aesthetic centers.
Looking Ahead: Business Outlook
So-Young projects that their aesthetic treatment services revenues for the fourth quarter could range between RMB216.0 million (US$30.3 million) and RMB226.0 million (US$31.7 million), marking a substantial percentage increase compared to the same period last year. This forecast is based on current market conditions and customer demand.
Wrap-Up and Contact Information
The results from So-Young International Inc. demonstrate both the company’s rapid growth and the challenges it faces in maintaining profitability. For further details about their operations and future plans, stakeholders are encouraged to contact the company's investor relations.
Frequently Asked Questions
What are the key financial results announced by So-Young for Q3 2025?
So-Young reported a total revenue of RMB386.7 million with a net loss of RMB64.3 million.
How has the number of users changed for So-Young since last year?
The number of active users grew to over 130,000, up from approximately 30,300 the previous year.
What factors contributed to the increase in So-Young's revenue?
The increase is largely attributed to the robust growth in aesthetic treatment services.
What is the company's outlook for Q4 2025?
So-Young expects revenues for aesthetic treatment services to reach between RMB216.0 million and RMB226.0 million, representing significant growth.
How can investors get in touch with So-Young's investor relations?
Investors can reach out to Ms. Mona Qiao at +86-10-8790-2012 or email ir@soyoung.com for inquiries.
