SY vs MRSN

Comparison between So-Young International Inc (SY, Company) and Mersana Therapeutics Inc (MRSN, Company).

Both SY and MRSN are from the Healthcare sector.

5-Year PerformanceSY has outperformed MRSN, delivering a return of -25.1% compared to -42.3%

SY vs MRSN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SY(COMPANY)	MRSN(COMPANY)
Market Cap	$146M	$145M
Max Drawdown	97.54%	99.13%
Sharpe Ratio	1.21	0.58
5Y Beta	0.84	N/A
Industry	Health Information Services	Biotechnology
P/E Ratio	-4.23	-2.04
Forward P/E	16.29	N/A
Dividend Yield	5.26%	N/A
5Y EPS CAGR	N/A	-15.54%
Debt to Equity	2.56%	0.00%
Free Cash Flow Yield	-10.29%	-51.16%
P/S Ratio	0.11	N/A
P/B Ratio	0.86	N/A

Market Cap

Winner

$146M

MRSN

$145M

Max Drawdown

Winner

97.54%

MRSN

99.13%

Sharpe Ratio

Winner

1.21

MRSN

0.58

5Y Beta

0.84

MRSN

N/A

Industry

Health Information Services

MRSN

Biotechnology

P/E Ratio

Winner

-4.23

MRSN

-2.04

Forward P/E

16.29

MRSN

N/A

Dividend Yield

5.26%

MRSN

N/A

5Y EPS CAGR

N/A

MRSN

-15.54%

Debt to Equity

2.56%

Winner

MRSN

0.00%

Free Cash Flow Yield

Winner

-10.29%

MRSN

-51.16%

P/S Ratio

0.11

MRSN

N/A

P/B Ratio

0.86

MRSN

N/A

SY vs MRSN - Historical Returns

Returns include dividend reinvestment.

Period	SY	MRSN
1 month	-36.95%	+4.70%
3 months	-40.19%	+254.63%
6 months	-39.81%	+282.25%
1 year	+98.10%	-14.47%
5 years(CAGR)	-25.06%	-42.31%
10 years(CAGR)	N/A	-25.31%
Max(CAGR)	-25.83%	-25.31%

-36.95%

Winner

MRSN

+4.70%

-40.19%

Winner

MRSN

+254.63%

-39.81%

Winner

MRSN

+282.25%

Winner

+98.10%

MRSN

-14.47%

5Y(CAGR)

Winner

-25.06%

MRSN

-42.31%

10Y(CAGR)

N/A

MRSN

-25.31%

Max(CAGR)

-25.83%

Winner

MRSN

-25.31%

SY vs MRSN - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	SY	MRSN
2026	-30.34%	+0.14%
2025	+232.45%	-17.34%
2024	-27.16%	-37.00%
2023	-11.03%	-59.51%
2022	-60.67%	-9.01%
2021	-70.24%	-76.55%
2020	-8.41%	+396.46%
2019	-32.86%	+32.95%
2018	N/A	-76.54%
2017	N/A	+17.36%

SY vs MRSN Drawdown Comparison

The maximum drawdown for SY was -97.54%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for MRSN was -99.13%, occurring on Aug 11, 2025. This drawdown has not yet recovered.

The current SY drawdown is -89.53%. The current MRSN drawdown is -95.78%.

Rank	SY	MRSN
#1	-97.54% May 3, 2019 - Oct 31, 2022	-99.13% Dec 23, 2020 - Aug 11, 2025
#2	N/A	-93.61% May 25, 2018 - Jun 25, 2020
#3	N/A	-34.46% Sep 16, 2020 - Dec 1, 2020
#4	N/A	-31.86% Oct 3, 2017 - May 22, 2018
#5	N/A	-30.77% Jun 30, 2020 - Sep 14, 2020
#6	N/A	-14.30% Sep 11, 2017 - Sep 22, 2017
#7	N/A	-11.24% Dec 1, 2020 - Dec 21, 2020
#8	N/A	-5.21% Jun 28, 2017 - Jul 12, 2017
#9	N/A	-5.21% Sep 14, 2020 - Sep 16, 2020
#10	N/A	-4.29% Aug 21, 2017 - Aug 29, 2017
#11	N/A	-4.26% Sep 22, 2017 - Oct 2, 2017
#12	N/A	-3.25% Jul 27, 2017 - Aug 8, 2017
#13	N/A	-2.71% Jun 25, 2020 - Jun 30, 2020
#14	N/A	-2.48% Aug 14, 2017 - Aug 18, 2017
#15	N/A	-2.13% Aug 30, 2017 - Sep 11, 2017