SY (So-Young International) EBIT: $-39.8 Mil (TTM As of Mar. 2026)


SY So-Young International Inc SY
77 GF Score
Price $1.42
GF Value $1.48
Valuation Fairly Valued
! 2 Warning Signs
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What is So-Young International EBIT?

So-Young International SY -4.11% 77 EBIT is $-39.8 Mil as of Mar. 2026. GuruFocus rates SY with a GF Score™ of 77/100 and a GF Value™ of $1.48 (Fairly Valued). The stock has 2 warning signs investors should review.

So-Young International's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-8.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-39.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. So-Young International's annualized ROC % for the quarter that ended in Mar. 2026 was -15.17%. So-Young International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -41.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. So-Young International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -41.21%.

So-Young International  (NAS:SY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

So-Young International's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-33.6 * ( 1 - 1.47% )/( (227.769 + 208.77)/ 2 )
=-33.10608/218.2695
=-15.17 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=376.198 - 48.966 - ( 123.763 - max(0, 111.321 - 210.784+123.763))
=227.769

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=386.648 - 86.739 - ( 115.707 - max(0, 124.853 - 215.992+115.707))
=208.77

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

So-Young International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-33.6/( ( (77.407 + max(-30.266, 0)) + (81.341 + max(1.442, 0)) )/ 2 )
=-33.6/( ( 77.407 + 82.783 )/ 2 )
=-33.6/80.095
=-41.95 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.317 + 33.137 + 24.082) - (48.966 + 41.55 + 4.286)
=-30.266

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.3 + 38.095 + 53.154) - (86.739 + 9.368 + 0)
=1.442

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

So-Young International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-39.825/96.633
=-41.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

So-Young International EBIT Related Terms

So-Young International EBIT Historical Data

* Premium members only.

The historical data trend for So-Young International's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

So-Young International EBIT Chart

So-Young International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 -14.75 -8.55 -11.60 -37.83

So-Young International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.99 -6.56 -10.21 -14.66 -8.40

SY vs LFMD, SPOK, AMWL: EBIT Comparison

For the Health Information Services subindustry, So-Young International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

So-Young International EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, So-Young International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where So-Young International's EV-to-EBIT falls into.


SY
77GF Score
So-Young International Inc SY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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So-Young International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-39.8 Mil mean?
So-Young International (SY) has a EBIT of $-39.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on So-Young International.
Is So-Young International's EBIT too high?
So-Young International's current EBIT is $-39.8 Mil. Overall, So-Young International has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does So-Young International's EBIT compare to LFMD and SPOK?
So-Young International's EBIT of $-39.8 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on So-Young International. So-Young International's current EBIT is $-39.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is So-Young International stock overvalued right now?
Based on GuruFocus' analysis, So-Young International (SY) is currently considered Fairly Valued. The stock's GF Value™ is $1.48, compared to a current price of $1.42 — trading 4.4% below its estimated fair value. The current EBIT is $-39.8 Mil. So-Young International's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For So-Young International (SY), the current EBIT is $-39.8 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is So-Young International (SY) Overvalued in 2026?

Based on GuruFocus' analysis, So-Young International stock appears to be undervalued. The current stock price of $1.42 is trading 4.4% below its estimated GF Value™ of $1.48. GuruFocus considers So-Young International to be Fairly Valued.

Key valuation signals for SY:

  • EBIT: $-39.8 Mil
  • GF Value™: $1.48 vs. price of $1.42 (4.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the SY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

So-Young International Business Description

Address No. 66 Xiangbin Road, 2nd Floor, East Tower, Poly Plaza, Chaoyang District, Beijing, CHN, 100012
So-Young International Inc is an aesthetic treatment platform in China connecting consumers with online services and offline treatments. Its online platform operates across multiple access points, including mobile app, Weixin mini program, and soyoung.com website, where both consumers and aesthetic practitioners can access media content, an engaging social community and a transparent reservation system. The company has four reportable segments: Aesthetic treatment services group, Platform service group, Wuhan Miracle, and Others. The majority of revenue is derived from the Platform service group, which generates revenue by providing information services and reservation services. All the company's revenues are derived from within the PRC.
77GF Score

Get the complete analysis for SY

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.42
Price
$1.48
GF Value