VisionSys AI Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	660.42	1,171	1,375	1,400	1,236	1,898
Revenue Growth (YoY)	-52.17%	-14.86%	-1.76%	13.23%	-34.86%	-7.48%
Cost of Revenue	393.29	747.16	750.84	728.42	795.67	1,067
Gross Profit	267.13	423.7	624.35	671.43	440.6	831.04
Selling, General & Admin	702.73	910.97	599.25	677.53	796.94	1,537
Research & Development	12.18	19.1	11.65	20.25	40.31	100.47
Total Operating Expenses	714.9	930.07	610.9	697.78	837.25	1,637
Operating Income	-447.78	-506.37	13.45	-26.35	-396.65	-806.38
Total Non-Operating Income (Expense)	-3.48	2.44	0.91	9.79	3.81	0.15
Pretax Income	-451.25	-503.94	14.36	-16.57	-392.84	-806.23
Provision for Income Taxes	-	31.49	-7.97	-14.5	-2.39	-35.03
Net Income	-461.45	-586.54	8.93	83.52	-474.55	-766.64
Minority Interest in Earnings	-0.02	-	-	-	-	-4.55
Earnings From Discontinued Operations	-	-51.67	-11.98	87.3	33.51	-
Net Income to Common	-461.45	-586.54	8.93	83.52	-474.55	-766.64
Net Income Growth	-	-	-89.31%	-	-	-
Shares Outstanding (Basic)	16	10	11	11	11	11
Shares Outstanding (Diluted)	16	10	11	12	12	11
Shares Change (YoY)	6.96%	-9.59%	-4.15%	0.17%	6.05%	1.79%
EPS (Basic)	-46.69	-53.46	1.94	-0.35	-45.15	-70.54
EPS (Diluted)	-46.69	-53.46	1.89	-0.35	-45.15	-70.54
Shares Outstanding	221.02	49.71	53.96	53.77	11.32	55.55
Free Cash Flow	-174.11	-187.01	-153.64	-56.93	-38.3	-188.24
Free Cash Flow Per Share	-10.97	-18.69	-13.88	-4.93	-3.32	-17.32
Gross Margin	40.45%	36.19%	45.40%	47.96%	35.64%	43.79%
Operating Margin	-67.80%	-43.25%	0.98%	-1.88%	-32.08%	-42.49%
Profit Margin	-69.88%	-45.73%	1.62%	-0.15%	-41.20%	-40.63%
FCF Margin	-26.36%	-15.97%	-11.17%	-4.07%	-3.10%	-9.92%
EBITDA	-447.78	-465.27	60.33	41.35	-325.1	-628.9
EBITDA Margin	-67.80%	-39.74%	4.39%	2.95%	-26.30%	-33.14%
EBIT	-447.78	-506.37	13.45	-26.35	-396.65	-806.38
EBIT Margin	-67.80%	-43.25%	0.98%	-1.88%	-32.08%	-42.49%
Effective Tax Rate	-	-6.25%	-55.51%	87.55%	0.61%	4.35%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q