So-Young International Debt-to-Assets Ratio Growth & History (SY)
So-Young International's debt-to-assets ratio was 0.11 for fiscal 2025.
View full So-Young International company overviewSo-Young International annual debt-to-assets ratio history
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.11 | 0.03 | +28.98% |
| 2024 | 2024-12-31 | 0.09 | 0.04 | +93.39% |
| 2023 | 2023-12-31 | 0.05 | 0.02 | +103.50% |
| 2022 | 2022-12-31 | 0.02 | −0.01 | −29.91% |
| 2021 | 2021-12-31 | 0.03 | −0.01 | −21.02% |
| 2020 | 2020-12-31 | 0.04 | −0.01 | −18.02% |
| 2019 | 2019-12-31 | 0.05 | — | — |
So-Young International quarterly debt-to-assets ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.11 | 0.03 | +28.98% |
| Q4 2024 | 2024-12-31 | 0.09 | 0.04 | +93.39% |
| Q4 2023 | 2023-12-31 | 0.05 | 0.02 | +103.50% |
| Q4 2022 | 2022-12-31 | 0.02 | −0.01 | −29.91% |
| Q4 2021 | 2021-12-31 | 0.03 | −0.01 | −21.02% |
| Q4 2020 | 2020-12-31 | 0.04 | −0.01 | −18.02% |
| Q4 2019 | 2019-12-31 | 0.05 | — | — |
So-Young International debt-to-assets ratio trends
Over the last five fiscal years, So-Young International's debt-to-assets ratio increased from 0.04 to 0.11, a change of 0.07. The latest reported quarter, Q4 2025, shows 0.11.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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