Medical aesthetics platform So-Young International's Q3 revenue up 4% on center expansion

So-Young International

17/11/2025 10:15

Overview

So-Young Q3 revenue rises 4% yr/yr to RMB386.7 mln ($54.3 million), driven by center expansion

Company reports Q3 net loss of RMB64.3 mln, compared to net income last year

Verified treatment visits and aesthetic treatments performed increased significantly

Outlook

Company expects Q4 2025 aesthetic treatment services revenue between RMB216 mln and RMB226 mln

Result Drivers

CENTER EXPANSION - Revenue growth driven by expansion of branded aesthetic centers

TREATMENT SERVICES GROWTH - Aesthetic treatment services revenue surged 304.6% due to center expansion

USER ENGAGEMENT - Verified treatment visits and aesthetic treatments performed increased significantly

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
RMB 386.67 mln
Q3 Net Income
-RMB 64.84 mln
Q3 Gross Profit
RMB 182.87 mln
Q3 Operating Expenses
-RMB 255.58 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for So-Young International Inc is $7.89, about 53.5% above its November 14 closing price of $3.67

Press Release: ID:nPn602N2fa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)