So-Young International Inc. (SY) Operating margin 2019–2025
So-Young International Inc. (SY) operating margin by fiscal year — reported operating income divided by reported revenue.
-18.8%FY2025 · since FY2019: 12.6% → -18.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -18.8% | +23.8 pp |
| FY2024 | -42.6% | -38.5 pp |
| FY2023 | -4.1% | +4.1 pp |
| FY2022 | -8.2% | -6.2 pp |
| FY2021 | -1.9% | +2.5 pp |
| FY2020 | -4.4% | -17.0 pp |
| FY2019 | 12.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice