Is So-Young International Inc. (SY) Halal?

NASDAQ Healthcare China $270M
✗ NOT HALAL
Confidence: 90/100
So-Young International Inc. (SY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 78.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. So-Young International Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 78.9%
/ 30%
390.5%
/ 30%
74.5%
/ 30%
3.17%
/ 5%
✗ NOT HALAL
DJIM 78.9%
/ 33%
390.5%
/ 33%
74.5%
/ 33%
3.17%
/ 5%
✗ NOT HALAL
MSCI 8.8%
/ 33%
43.4%
/ 33%
8.3%
/ 33%
3.17%
/ 5%
✗ NOT HALAL
S&P 78.9%
/ 33%
390.5%
/ 33%
74.5%
/ 33%
3.17%
/ 5%
✗ NOT HALAL
FTSE 8.8%
/ 33%
43.4%
/ 33%
8.3%
/ 50%
3.17%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.35
P/B Ratio
1.2
EV/EBITDA
1.1
EV: -$248M
Revenue
$1.5B
Growth: 24.8%
Beta
2.2
High volatility
Current Ratio
1.9

Profitability

Gross Margin 47.8%
Operating Margin -22.4%
Net Margin -15.9%
Return on Equity (ROE) -13.6%
Return on Assets (ROA) -6.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$26M
Free Cash Flow-$88M
Total Debt$240M
Debt-to-Equity18.0
Current Ratio1.9
Total Assets$2.7B

Price & Trading

Last Close$2.83
50-Day MA$3.06
200-Day MA$3.38
Avg Volume586K
Beta2.2
52-Week Range
$0.67
$6.28

About So-Young International Inc. (SY)

CEO
Mr. Xing Jin
Sector
Healthcare
Industry
Health Information Services
Country
China
Exchange
NASDAQ
Market Cap
$270M
Currency
USD

So-Young International Inc. operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users access to medical aesthetic knowledge, community support and reservation options for treatment with medical professionals, and medical aesthetic institutions; Weixin mini program to explore treatment options, check prices, schedule appointments, participate in online consultations, and track follow-ups; and medical aesthetic community content through its website soyoung.com. Its aesthetic centers offer non-invasive and minimally invasive procedures, including device-based options, such as thread lifts, intense pulsed light, ultrasound facelifts, picosecond lasers, and body contouring treatments, as well as injectable treatments, including skin boosters, hyaluronic acid-based products, botox, and type I and type III collagen. In addition, the company engages in the research and development, production, sale, and distribution of light therapy devices, including excimer laser systems, UV excimer therapy devices, LED and red-light therapy systems, and advanced laser and intense pulsed light technologies; surgical laser devices, including carbon dioxide laser machines, multi-wavelength and semiconductor laser systems, and hydrodynamic-assisted liposuction systems, as well as pneumatic liquid spray devices. Further, it offers injectable products; sales and technical, maintenance, installation, operational training, error reporting, maintenance, and equipment packaging services; consumption healthcare services, including dermatology, dentistry and orthodontics, physical examinations, gynecology, and postnatal care; reservation services; and content management through beauty diaries, short-form videos, treatment reviews, featured articles, and chat messages. The company was founded in 2013 and is headquartered in Chaoyang, China.

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Frequently Asked Questions

Is So-Young International Inc. (SY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), So-Young International Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is So-Young International Inc.'s debt ratio?

So-Young International Inc.'s debt ratio is 78.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 8.8%.

What are So-Young International Inc.'s key financial metrics?

So-Young International Inc. has a market capitalization of $270M, and revenue of $1.5B. The company maintains a gross margin of 47.8% and a net margin of -15.9%. Return on equity stands at -13.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.