VisionSys AI Inc. (VSA) reported CN¥1.04M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 99.9% from the year before.

Yes. VisionSys AI Inc. earned CN¥1.72B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 165435.0%.

How much cash and debt does VSA have?

VisionSys AI Inc. reported CN¥54.99M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is VSA revenue growing?

VisionSys AI Inc.'s revenue changed -99.9% in fiscal 2025, to CN¥1.04M. Its compound annual growth rate was -77.7% over 5 years and -50.5% over 10 years.

What is VSA gross margin?

VisionSys AI Inc.'s gross profit was CN¥229.0K on CN¥1.04M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 22.0%.

What is VSA free cash flow?

VisionSys AI Inc. generated -CN¥264.37M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -CN¥188.10M less capital expenditures.

What is VSA earnings per share?

Diluted earnings per share were -CN¥51.63 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did VSA last report financial results?

The latest statements here come from VisionSys AI Inc.'s 20-F filed on May 11, 2026, covering the period ended Dec 31, 2025.

Where does this VSA financial data come from?

Quantisnow builds these statements from the structured XBRL data VisionSys AI Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · VSA

VisionSys AI Inc. (VSA) financials

For fiscal 2025 (ended Dec 31, 2025), VisionSys AI Inc. reported CN¥1.04M of revenue and CN¥1.72B of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2025: CN¥1.04M
Revenue growth, YoY: -99.9%
Net income, FY2025: CN¥1.72B
Net margin: 165435.0%
Free cash flow, FY2025: -CN¥264.37M
EPS, diluted, FY2025: -CN¥51.63
Cash: CN¥54.99M

Annual revenueCN¥1.04M

FY2016FY2025

Annual net incomeCN¥1.72B

FY2016FY2025

Annual free cash flow-CN¥264.37M

FY2016FY2025

VSA revenue and earnings growth

VSA revenueFY2025CN¥1.04M

FY YoY: -99.9%
5Y CAGR: -77.7%
10Y CAGR: -50.5%

VSA revenue was CN¥1.04M for fiscal 2025 (ended Dec 31, 2025), down 99.9% from fiscal 2024. Compound annual growth was -77.7% over 5 years and -50.5% over 10 years. It rose in 4 of the last 10 fiscal years.

VSA net incomeFY2025CN¥1.72B

10Y CAGR: +25.4%

VSA net income was CN¥1.72B for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥587.10M in fiscal 2024. Compound annual growth was +25.4% over 10 years. Fiscal 2025 is the highest of the 12 fiscal years on file.

VSA EPSFY2025-CN¥51.63

VSA diluted EPS was -CN¥51.63 for fiscal 2025 (ended Dec 31, 2025).

VSA free cash flowFY2025-CN¥264.37M

VSA free cash flow was -CN¥264.37M for fiscal 2025 (ended Dec 31, 2025).

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Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	CN¥1.04M	CN¥1.17B	CN¥1.38B	CN¥1.40B	CN¥1.24B	CN¥1.90B	CN¥2.05B	CN¥2.09B	CN¥1.75B	CN¥1.52B
Cost of revenue	CN¥810.0K	CN¥747.16M	CN¥750.84M	CN¥728.42M	CN¥795.67M	CN¥1.07B	CN¥1.17B	CN¥918.55M	CN¥592.95M	CN¥443.47M
Gross profit	CN¥229.0K	CN¥423.70M	CN¥624.35M	CN¥671.43M	CN¥440.60M	CN¥831.04M	CN¥877.52M	CN¥1.17B	CN¥1.16B	CN¥1.08B
Research and development	-	CN¥19.10M	CN¥11.65M	CN¥20.25M	CN¥40.31M	CN¥100.47M	CN¥132.67M	CN¥167.25M	CN¥100.03M	CN¥65.59M
Selling, general and admin	CN¥40.21M	CN¥14.40M	CN¥11.63M	CN¥397.44M	CN¥359.45M	CN¥630.62M	CN¥723.31M	CN¥546.57M	CN¥354.83M	CN¥264.44M
Operating income	-CN¥39.98M	-CN¥14.40M	-CN¥11.63M	-CN¥26.35M	-CN¥396.65M	-CN¥806.38M	-CN¥1.10B	-CN¥594.63M	-CN¥1.27M	CN¥222.45M
Pre-tax income	-CN¥40.03M	-CN¥13.85M	-CN¥11.49M	-CN¥16.57M	-CN¥392.84M	-CN¥806.23M	-CN¥1.08B	-CN¥597.06M	CN¥25.24M	CN¥254.34M
Income tax	-	CN¥31.49M	-CN¥7.97M	-CN¥14.50M	CN¥116.45M	-CN¥35.03M	-CN¥41.56M	-CN¥4.87M	CN¥25.39M	CN¥28.22M
Net income	CN¥1.72B	-CN¥587.10M	CN¥10.35M	CN¥83.52M	-CN¥474.55M	-CN¥766.64M	-CN¥1.04B	-CN¥590.17M	-CN¥147.0K	CN¥226.12M
EPS, basic	-CN¥51.63	-CN¥69.21	-CN¥53.31	-CN¥0.35	-CN¥45.15	-CN¥70.54	-CN¥19.41	-CN¥10.74	CN¥0.00	CN¥4.07
EPS, diluted	-CN¥51.63	-CN¥69.21	-CN¥53.31	-CN¥0.35	-CN¥45.15	-CN¥70.54	-CN¥19.41	-CN¥10.74	CN¥0.00	CN¥3.83
Diluted shares	193.8M	50.0M	53.9M	57.7M	57.6M	54.3M	53.4M	54.9M	56.8M	59.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	CN¥54.99M	CN¥48.32M	CN¥279.76M	CN¥356.24M	CN¥423.77M	CN¥320.18M	CN¥537.70M	CN¥545.68M	CN¥686.69M	CN¥810.67M
Receivables	-	-	-	CN¥68.73M	CN¥48.46M	CN¥32.79M	CN¥31.44M	CN¥39.90M	CN¥51.64M	CN¥97.37M
Inventory	-	CN¥10.47M	CN¥9.36M	CN¥7.18M	CN¥5.87M	CN¥4.63M	CN¥5.33M	CN¥1.77M	-	-
Current assets	CN¥55.13M	CN¥100.62M	CN¥560.60M	CN¥667.55M	CN¥619.33M	CN¥536.25M	CN¥801.25M	CN¥925.57M	CN¥1.33B	CN¥1.45B
Goodwill	-	-	CN¥49.42M	CN¥49.42M	CN¥52.78M	CN¥52.78M	CN¥52.78M	CN¥52.78M	CN¥3.37M	CN¥3.37M
Total assets	CN¥106.56M	CN¥100.62M	CN¥1.02B	CN¥1.34B	CN¥1.64B	CN¥1.96B	CN¥2.51B	CN¥1.88B	CN¥2.02B	CN¥2.09B
Current liabilities	CN¥3.82M	CN¥1.90B	CN¥2.41B	CN¥2.66B	CN¥2.94B	CN¥2.67B	CN¥2.37B	CN¥1.30B	CN¥744.59M	CN¥479.75M
Total liabilities	CN¥3.82M	CN¥1.90B	CN¥2.52B	CN¥2.84B	CN¥3.23B	CN¥3.10B	CN¥2.92B	CN¥1.31B	CN¥748.92M	CN¥486.79M
Shareholders' equity	CN¥102.74M	-CN¥1.80B	-CN¥1.50B	-CN¥1.51B	-CN¥1.59B	-CN¥1.14B	-CN¥403.06M	CN¥571.64M	CN¥1.27B	CN¥1.41B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	-CN¥188.10M	-CN¥121.45M	-CN¥118.94M	-CN¥27.53M	CN¥8.61M	-CN¥108.82M	-CN¥31.73M	CN¥163.08M	CN¥301.70M	CN¥496.05M
Capital expenditures	CN¥76.26M	-	-	-	-	-	-	-	CN¥177.25M	CN¥381.98M
Free cash flow	-CN¥264.37M	-	-	-	-	-	-	-	CN¥124.45M	CN¥114.06M
Investing cash flow	-CN¥76.45M	-CN¥91.04M	CN¥72.05M	-CN¥22.71M	CN¥33.69M	-CN¥657.0K	-CN¥51.22M	-CN¥91.98M	-CN¥236.54M	-CN¥128.47M
Financing cash flow	CN¥139.53M	CN¥10.84M	-CN¥35.78M	-CN¥2.10M	CN¥23.24M	-CN¥68.30M	CN¥74.40M	-CN¥222.68M	-CN¥184.22M	-CN¥78.04M
Dividends paid	-	-	-	-	-	-	-	CN¥42.95M	CN¥63.09M	CN¥54.03M
Share repurchases	-	CN¥7.36M	CN¥2.43M	CN¥17.10M	-	-	CN¥5.06M	CN¥196.96M	CN¥143.39M	CN¥44.41M
Stock-based compensation	-	CN¥1.34M	CN¥2.74M	CN¥11.38M	CN¥14.11M	CN¥36.25M	CN¥59.17M	CN¥124.25M	CN¥77.42M	CN¥67.82M
Depreciation and amortization	CN¥3.81M	CN¥41.10M	CN¥46.88M	CN¥67.70M	CN¥71.55M	CN¥177.48M	CN¥194.81M	CN¥158.76M	CN¥100.76M	CN¥73.64M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-99.9%	-14.9%	-1.8%	13.2%	-34.9%	-7.5%	-1.6%	18.9%	15.4%	29.0%
Net income growth, YoY	-	-	-87.6%	-	-	-	-	-	-	26.5%
EPS growth, YoY	-	-	-	-	-	-	-	-	-100.0%	26.1%
Gross margin	22.0%	36.2%	45.4%	48.0%	35.6%	43.8%	42.8%	56.0%	66.2%	70.8%
Operating margin	-3848.0%	-1.2%	-0.8%	-1.9%	-32.1%	-42.5%	-53.5%	-28.5%	-0.1%	14.6%
Net margin	165435.0%	-50.1%	0.8%	6.0%	-38.4%	-40.4%	-50.5%	-28.3%	-0.0%	14.9%
Free cash flow margin	-25444.3%	-	-	-	-	-	-	-	7.1%	7.5%
Return on equity	1673.0%	-	-	-	-	-	-	-103.2%	-0.0%	16.0%
Return on assets	1613.0%	-583.5%	1.0%	6.2%	-28.9%	-39.1%	-41.2%	-31.4%	-0.0%	10.8%
Current ratio	14.43	0.05	0.23	0.25	0.21	0.20	0.34	0.71	1.79	3.02

Source: XBRL data VisionSys AI Inc. files with the SEC, latest filing dated May 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

VSA peers

Company	Revenue	Growth	Net income	Net margin	Market cap
VSA	CN¥1.04M	-99.9%	CN¥1.72B	165435.0%	$6.1M
SESea Limited	$22.94B	+36.4%	$1.58B	6.9%	$47.75B
ITGartner Inc.	$6.44B	-0.2%	$954.41M	14.8%	$12.05B
RTORentokil Initial plc	$6.91B	+4.4%	$470.00M	6.8%	$12.04B
SCIService Corporation International	$3.31B	+3.4%	$561.30M	17.0%	$9.94B
EDUNew Oriental Education & Technology Group Inc. Sponsored ADR r	$5.66B	+15.5%	$475.17M	8.4%	$8.31B
HRBH&R Block Inc.	$3.97B	+5.2%	-$325.44M	-8.2%	$6.25B
TALTAL Education Group	$3.01B	+33.7%	$530.75M	17.6%	$5.66B
GHCGraham Holdings Company	$5.12B	+4.3%	$496.96M	9.7%	$5.07B

VSA FAQ

9 questions

What is VSA revenue?
VisionSys AI Inc. (VSA) reported CN¥1.04M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 99.9% from the year before.
Is VSA profitable?
Yes. VisionSys AI Inc. earned CN¥1.72B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 165435.0%.
How much cash and debt does VSA have?
VisionSys AI Inc. reported CN¥54.99M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is VSA revenue growing?
VisionSys AI Inc.'s revenue changed -99.9% in fiscal 2025, to CN¥1.04M. Its compound annual growth rate was -77.7% over 5 years and -50.5% over 10 years.
What is VSA gross margin?
VisionSys AI Inc.'s gross profit was CN¥229.0K on CN¥1.04M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 22.0%.
What is VSA free cash flow?
VisionSys AI Inc. generated -CN¥264.37M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -CN¥188.10M less capital expenditures.
What is VSA earnings per share?
Diluted earnings per share were -CN¥51.63 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did VSA last report financial results?
The latest statements here come from VisionSys AI Inc.'s 20-F filed on May 11, 2026, covering the period ended Dec 31, 2025.
Where does this VSA financial data come from?
Quantisnow builds these statements from the structured XBRL data VisionSys AI Inc. files with the SEC. It is provided for information only and is not investment advice.