← VisionSys AI Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Less: Net income/(loss) from discontinued operations | — | — | — | — | — | $33.5m | $87.3m | ($12.0m) | ($51.7m) | $1.8b | |
| Net income/(loss) from discontinued operations exclude gain on disposal | — | — | — | — | — | — | — | $21.8m | ($573.3m) | $73.5m | |
| Net Income (Loss) Attributable to Parent | $241.9m | $184.8m | ($592.2m) | — | ($771.2m) | ($475.8m) | $85.2m | $10.4m | ($587.1m) | $1.7b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $241.9m | $184.8m | ($590.2m) | ($148.8m) | ($117.5m) | ($74.5m) | $12.1m | $1.3m | ($80.4m) | $245.8m | |
| Net loss from continuing operations | — | — | — | — | — | ($509.3m) | ($2.1m) | $22.3m | ($535.4m) | ($40.0m) | |
| Cash used in investing activities from continuing operations | ($156.4m) | — | — | — | — | ($46.0m) | ($28.8m) | ($34.5m) | ($89.2m) | ($76.3m) | |
| Less: Cash, cash equivalents and restricted cash of discontinued operations | — | — | — | — | — | — | $175.4m | $62.6m | $41.8m | $1.5m | |
| Cash, cash equivalents and restricted cash at the end of the year from continuing operations | — | $686.7m | $545.7m | $537.7m | $358.5m | $424.0m | $374.0m | $227.3m | $46.5m | $53.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $241.9m | $184.8m | ($592.2m) | ($149.2m) | ($118.2m) | ($74.7m) | $12.4m | $1.5m | ($80.4m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $3.1m | ($73.4m) | ($5.7m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | ($1.7m) | ($7.1m) | $251.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($2.0m) | ($401k) | ($697k) | ($193k) | $248k | — | — | — | |
| Depreciation, Depletion and Amortization | $72.8m | $100.7m | $158.8m | $28.0m | $27.2m | $19.7m | $13.6m | $6.6m | $5.6m | $545k | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | — | $3.8m | |
| Depreciation | $72.8m | $100.7m | $156.9m | $192.5m | $171.3m | $121.8m | $121.8m | $45.1m | $39.8m | $3.8m | |
| Deferred Income Tax Expense (Benefit) | ($18.9m) | ($18.5m) | ($46.6m) | ($6.6m) | ($6.5m) | $15.9m | $127k | ($1.4m) | $3.8m | — | |
| Share-based Payment Arrangement, Noncash Expense | $67.8m | $77.4m | $124.3m | $8.5m | $5.6m | $3.0m | $2.4m | $386k | $183k | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | $35.5m | $287k | — | — | — | — | $10.2m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $0 | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $6.8m | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | $21.0m | |
| Impairment of long-lived assets | — | — | — | — | — | — | $0 | $0 | $272.6m | $21.0m | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($297k) | ($917k) | ($1.2m) | ($735k) | ($506k) | ($3.9m) | ($1.9m) | ($184k) | ($201k) | — | |
| Income (Loss) from Equity Method Investments | ($29k) | $19.3m | ($1.5m) | $4k | ($12k) | $216k | $659k | ($608k) | $3.1m | — | |
| Income Tax Expense (Benefit) | $18.8m | $25.8m | ($4.9m) | ($6.0m) | ($5.4m) | $17.9m | $3.0m | ($1.1m) | $4.3m | — | |
| Operating Lease, Expense | — | — | — | $311.9m | $284.7m | $285.8m | $215.1m | $143.1m | $133.1m | — | |
| Other Nonoperating Income (Expense) | $16.0m | $26.7m | ($33.6m) | $35k | $797k | $875k | $1.6m | $102k | $390k | $1k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($22.9m) | $164.2m | ($6.0m) | ($2.5m) | $1.2m | $3.3m | $5.2m | — | — | — | |
| Increase (Decrease) in Inventories | — | — | $971k | $510k | ($107k) | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($248k) | ($196k) | ($390k) | $8k | $126k | ($24k) | $141k | ($75k) | $980k | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $3.8m | ($6.3m) | $5.0m | $232k | ($743k) | ($81k) | ($138k) | ($127k) | ($46k) | $6k | |
| General and Administrative Expense | $307.5m | $392.3m | $546.6m | $103.9m | $96.6m | $89.4m | $87.6m | $46.6m | $94.4m | $5.8m | |
| Goodwill | $3.4m | $3.4m | $52.8m | $7.6m | $8.1m | $8.3m | $7.7m | $7.0m | — | — | |
| Proceeds from Stock Options Exercised | $20.4m | $22.3m | $3.0m | $479k | $514k | $619k | $16k | $32k | $19k | — | |
| Foreign currency exchange loss, net | ($33.4m) | $6.1m | ($4.4m) | ($1.6m) | $4.8m | $518k | $954k | $901k | $334k | ($42k) | |
| Prepaid expenses and other current assets | ($60.4m) | ($18.7m) | ($3.5m) | $22.8m | $97k | $18.1m | ($3.9m) | ($18.9m) | $28.1m | ($1.7m) | |
| Accrued expenses and other current liabilities | $36.8m | $50.4m | $44.1m | $29.1m | $2.3m | $163.3m | $37.3m | $99.5m | ($22.3m) | ($5.9m) | |
| Proceeds of borrowings from a related party | — | — | $13.2m | $89.2m | $10.7m | $30.0m | $52.0m | — | $26.3m | — | |
| Issuance of Class A ordinary shares in connection with exercise of share options | $20.4m | $22.3m | $3.0m | $3.3m | $3.4m | $3.9m | $107k | $227k | $142k | $185.8m | |
| Repurchase of treasury shares | ($44.4m) | ($143.4m) | ($197.0m) | ($5.1m) | — | — | ($17.1m) | ($2.4m) | ($7.4m) | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | — | — | — | — | $241.0m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($12.9m) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $524.0m | $288.7m | $163.1m | ($4.6m) | ($16.7m) | $1.4m | ($4.0m) | ($16.8m) | ($16.6m) | ($26.9m) | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $382.0m | $177.3m | $18.3m | $16.3m | $9.2m | $8.0m | $4.4m | $4.0m | ($5.0m) | ($76.3m) | |
| Net Cash provided by/(used in) investing activities from discontinued operations | — | — | — | — | — | $79.7m | $6.1m | $106.6m | ($1.8m) | ($190k) | |
| Net Cash Provided by (Used in) Investing Activities | ($156.4m) | ($223.1m) | ($92.0m) | ($7.4m) | ($101k) | $5.3m | ($3.3m) | $10.1m | ($12.5m) | ($10.9m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $44.4m | $143.4m | $197.0m | $727k | — | — | $2.5m | $342k | $1.0m | — | |
| Proceeds from Noncontrolling Interests | — | — | $1.1m | $108k | $46k | — | — | — | — | — | |
| Prepayments of acquire noncontrolling interests | — | — | — | — | — | — | ($7.1m) | ($1.6m) | ($440k) | — | |
| Dividends paid | $54 | $63 | $43 | — | — | — | — | — | — | — | |
| Net Cash (used in)/provided by financing activities from continuing operations | ($78.0m) | — | — | — | — | $23.2m | ($24.1m) | ($33.8m) | $18.6m | $185.8m | |
| Net Cash (used in)/provided by financing activities from discontinued operations | — | — | — | — | — | — | $22.0m | ($2.0m) | ($7.8m) | ($46.3m) | |
| Net Cash (used in)/provided by financing activities | ($78.0m) | ($184.2m) | ($222.7m) | $74.4m | ($68.3m) | $23.2m | ($2.1m) | ($35.8m) | $10.8m | $139.5m | |
| Net Cash Provided by (Used in) Financing Activities | — | ($184.2m) | ($222.7m) | $10.7m | ($10.5m) | $3.6m | ($306k) | ($5.0m) | $1.5m | $20.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | ($11k) | $332k | ($203k) | $13k | $13.1m | |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | $7.2m | ($5.3m) | $10.6m | $567k | ($1.4m) | ($67k) | $2.3m | ($1.4m) | $93k | $91.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($141.0m) | ($1.1m) | ($27.5m) | $10.3m | ($7.3m) | ($11.8m) | ($27.6m) | ($4.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $77.2m | $55.0m | $66.5m | $54.2m | $32.0m | $6.4m | $7.6m | |
| Changes in cash, cash equivalents and restricted cash | $289.5m | ($119.1m) | ($151.6m) | ($8.6m) | ($177.8m) | $65.5m | ($52.3m) | ($82.7m) | ($201.7m) | ($125.0m) | |
| Net change in cash, cash equivalents and restricted cash | $296.7m | ($124.0m) | ($141.0m) | ($8.0m) | ($179.2m) | $65.5m | ($50.1m) | ($84.1m) | ($201.6m) | ($33.3m) | |
| Cash, cash equivalents and restricted cash at the beginning of the year | — | — | — | — | — | $424.0m | $374.0m | $289.9m | $88.3m | $55.0m | |
| Cash and cash equivalents | — | — | — | — | $320.2m | $423.8m | $356.2m | $279.8m | $48.3m | $55.0m | |
| Restricted cash | — | — | — | — | $38.4m | $255k | $17.7m | $10.1m | $40.0m | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $166k | $163k | $419k | $5.0m | $73k | $217k | $88k | $65k | — | |
| Income taxes paid | $3.1m | $9.5m | $37.2m | $6.7m | $615k | $654k | $527k | $229k | $837k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.