SY
So-Young International Inc.2.9300
+0.0200+0.69%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A reveals margin plans, tier-2 strength
Q&A unpacked margin expansion levers beyond prepared remarks, citing even-paced openings, upstream partnerships for consumables, and LTV-focused promotions to counter new-center dilution as mature units dominate. Second-tier clinics shone with RMB 7,000 monthly sales per square meter and Suzhou hitting RMB 1 million in three months, boasting higher margins from lower costs. CAC stayed below 10% of revenue via referrals and Disney/Little Prince co-branding. Core members drove over 80% revenue, adding 14,000 new ones. Management addressed all probes directly. Second-tier economics rival tier-one. Investors will eye 2026's 35+ openings for profitability proof.
Key Stats
Market Cap
291.94MP/E (TTM)
-Basic EPS (TTM)
-1.02Dividend Yield
0%IPO
Website
Employees
Sector
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