VSA VisionSys AI Inc. - American Depositary Shares
NASDAQ · Diversified Consumer Services · 在 SEC EDGAR 上查看 ↗ 收盘 十月 2, 2026 10-K/10-Q 五月 11, 2026
$2.21
· % 处于52周区间
· 高于低点
· 至高点
$1.8952周低点
$1725.0052周高点
收入
$1M
VSA 股票快照 价格、市值、P/E、EPS、ROE、负债/权益、52周范围
价格
$2.21
收入
$1M
ROE
-202.2%
52周区间
$2–$1725
VSA 股价图表 包含技术指标的日 OHLCV — 平移、缩放和自定义您的视图
区间
条形图
柱状图粒度会根据所选周期进行调整 — 将鼠标悬停在图表上可查看柱状图的开盘价/最高价/最低价/收盘价。
股票拆分
| 除息日 | 拆股 | 类型 |
|---|---|---|
| 2026年5月26日 | 1-for-10 | 反向 |
| 2025年12月22日 | 1-for-50 | 反向 |
| 2021年12月23日 | 1-for-5 | 反向 |
10年表现 收入、净利润、利润率和每股收益趋势
收入$1M2016-12-31 → 2025-12-31
EPS·2016-12-31 → 2022-12-31
自由现金流$-264M2016-12-31 → 2025-12-31
净利率165435.0%2016-12-31 → 2025-12-31
估值与比率
估值 P/E、P/S、P/B、EV/EBITDA 比率 — 该股票是昂贵还是便宜？
此比率组尚无数据
基本面数据不足，尚无法计算此比率组。
盈利能力 毛利率、营业利润率和净利率；股本回报率 (ROE)、资产回报率 (ROA)、投入资本回报率 (ROIC)
| 指标 | 5年趋势 | VSA | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Gross Margin (毛利率) | 22.0%5年均值 ≈42.1% | ≈42.1% | 19.9% | 持平 | |
| Operating Margin (营业利润率) | -3848.0%5年均值 ≈-780.4% | ≈-780.4% | -39.3% | 弱 | |
| EBITDA Margin (息税折旧摊销前利润率) | -3848.0%5年均值 ≈-777.2% | ≈-777.2% | -38.0% | 弱 | |
| Pretax Margin (税前利润率) | -3853.0%5年均值 ≈-781.2% | ≈-781.2% | -36.7% | 弱 | |
| Net Profit Margin (净利润率) | 165435.0%5年均值 ≈33073.8% | ≈33073.8% | -19.9% | 顶尖 | |
| ROA | 1659.3%5年均值 ≈306.9% | ≈306.9% | -20.0% | 顶尖 | |
| ROE | -202.2%5年均值 ≈-27.6% | ≈-27.6% | -62.6% | 弱 |
财务健康 债务、流动性、偿付能力 — 资产负债表强度
| 指标 | 5年趋势 | VSA | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Current Ratio (流动比率) | 14.45年均值 ≈3.0 | ≈3.0 | 2.9 | 流动性强 | |
| Quick Ratio (速动比率) | 14.45年均值 ≈3.0 | ≈3.0 | 2.0 | 流动性强 |
成长 营收、每股收益 (EPS) 和净利润增长：同比、3年复合年增长率 (CAGR)、5年复合年增长率 (CAGR)
此比率组尚无数据
基本面数据不足，尚无法计算此比率组。
资本效率 资产周转率、库存周转率、应收账款周转率
| 指标 | 5年趋势 | VSA | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Asset Turnover (资产周转率) | 0.05年均值 ≈1.3 | ≈1.3 | 0.4 | 弱 | |
| Revenue / Employee (年营业收入 ÷ 员工人数（报告的 headcount，yfinance）。衍生数据 — 非存储的 SEC-XBRL 概念。) | ≈$61.1K | · | · | · |
价值 · ≈ 5年均值 · 行业中值 · 相对于中值的评判
股息 收益率、派息率、股息历史、5年CAGR
年度化派息≈$300.00
| 除息日 | 金额 | 货币 | 收益率 |
|---|---|---|---|
| 四月 4, 2018 | $300.00 | USD | ≈1.0% |
| 六月 7, 2017 | $400.00 | USD | ≈1.7% |
| 三月 23, 2017 | $400.00 | USD | ≈0.88% |
| 四月 4, 2016 | $375.00 | USD | ≈1.4% |
收益历史 每股收益实际值 vs 预估值，惊喜%，达标率，下次财报日期
平均惊喜
-1317.3%
| 期间 | 报告 | EPS Actual | EPS 预期 | 惊喜 |
|---|---|---|---|---|
| 2023年3月31日 | $-2335.00 | $-6938.70 | 66.3% | |
| 2018年12月31日 | $-1260.00 | $-671.65 | -87.6% | |
| 2018年9月30日 | $-490.00 | $-10.10 | -4751.5% | |
| 2018年3月31日 | $-1295.00 | $-217.15 | -496.4% |
完整基本面 所有年度指标 — 损益表、资产负债表、现金流量表
损益表
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1M | · | · | $1.40B | $1.24B | $1.90B | $2.05B | $2.09B | $1.75B | $1.52B | $1.18B | $837M | |
| Cost of Revenue | $810.0K | · | · | $728M | $796M | $1.07B | $1.17B | $919M | $593M | $443M | $334M | $240M | |
| Gross Profit | $229.0K | · | · | $671M | $441M | $831M | $878M | $1.17B | $1.16B | $1.08B | $844M | $597M | |
| R&D Expense | · | $19M | $12M | $20M | $40M | $100M | $133M | $167M | $100M | $66M | $51M | $33M | |
| SG&A Expense | $40M | $14M | $12M | $397M | $359M | $631M | $723M | $547M | $355M | $264M | $251M | $184M | |
| Operating Income | $-40M | $-14M | $-12M | $-26M | $-397M | $-806M | $-1.10B | $-595M | $-1M | $222M | $158M | $118M | |
| Interest Income | · | · | · | · | · | · | · | · | · | · | $957.4K | $757.3K | |
| Other Non-op | $1.0K | · | · | $8M | $1M | $5M | $246.0K | $-34M | $17M | $16M | $12M | $15M | |
| Pretax Income | $-40M | $-14M | $-11M | $-17M | $-393M | $-806M | $-1.08B | $-597M | $25M | $254M | $183M | $167M | |
| Income Tax | · | · | · | $-15M | $116M | $-35M | $-42M | $-5M | $25M | $28M | $4M | $15M | |
| Net Income | $1.72B | $-587M | $10M | $85M | $-476M | $-771M | $-1.04B | $-592M | $-147.0K | $226M | $179M | $152M | |
| EPS (Basic) | · | · | · | $7.64 | $-42.17 | $-70.54 | $-19.41 | $-10.74 | $0.00 | $4.07 | $3.32 | $3.11 | |
| EPS (Diluted) | · | · | · | $7.23 | $-42.17 | $-70.54 | $-19.41 | $-10.74 | $0.00 | $3.83 | $3.04 | $2.69 | |
| Shares (Basic) | 193,836,988 | 50,029,676 | 53,873,945 | 54,657,222 | 56,260,925 | 54,341,213 | 53,386,075 | 54,929,910 | 56,849,332 | 55,540,670 | 53,767,810 | 41,223,389 | |
| Shares (Diluted) | 193,836,988 | 50,029,676 | 53,873,945 | 57,730,672 | 57,630,365 | 54,341,213 | 53,386,075 | 54,929,910 | 56,849,332 | 59,005,261 | 58,750,856 | 47,770,132 | |
| EBITDA | $-40M | $-465M | $60M | $187M | $-244M | $-629M | $-903M | $-436M | $270M | $303M | $34M | $26M |
资产负债表
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $55M | $48M | $280M | $356M | $424M | $320M | $538M | $531M | $687M | $811M | $514M | $261M | |
| Receivables | · | · | · | $69M | $48M | $33M | $31M | $40M | $52M | $97M | $147M | $23M | |
| Inventory | · | $10M | $9M | $7M | $6M | $5M | $5M | $2M | · | · | · | · | |
| Prepaid Expense | $2M | · | $57M | $39M | $140M | $138M | $133M | $171M | $156M | $126M | $66M | $9M | |
| Other Current Assets | · | $3M | $4M | $5M | $28M | $17M | $14M | $7M | $16M | $12M | $6M | $753.3K | |
| Current Assets | $55M | $101M | $561M | $668M | $619M | $536M | $801M | $926M | $1.33B | $1.45B | $1.33B | $181M | |
| PP&E (Net) | · | $22M | $66M | $78M | $299M | $464M | $577M | $626M | $502M | $437M | $128M | $13M | |
| PP&E (Gross) | · | $269M | $263M | $315M | $854M | $987M | $1.06B | $1.00B | $760M | $636M | $275M | $30M | |
| Accum. Depreciation | · | $187M | $197M | $237M | $555M | $523M | $479M | $376M | $258M | $199M | $147M | $17M | |
| Goodwill | · | · | $49M | $49M | $53M | $53M | $53M | $53M | $3M | $3M | · | · | |
| Intangibles | $51M | · | $5M | $7M | $10M | $13M | $18M | $19M | $5M | · | · | · | |
| Other Non-current Assets | · | $23M | $29M | $34M | $76M | $96M | $122M | $122M | $78M | $92M | $53M | $4M | |
| Total Assets | $107M | $101M | $1.02B | $1.34B | $1.64B | $1.96B | $2.51B | $1.88B | $2.02B | $2.09B | $1.65B | $218M | |
| Accounts Payable | · | $6M | $5M | $5M | $9M | $10M | $17M | $19M | $11M | $5M | $4M | $319.1K | |
| Accrued Liabilities | $4M | $10M | $517M | $417M | $564M | $392M | $398M | $365M | $313M | $118M | $80M | $8M | |
| Short-term Debt | · | · | · | · | $30M | · | · | · | · | · | · | · | |
| Current Liabilities | $4M | $1.90B | $2.41B | $2.66B | $2.94B | $2.67B | $2.37B | $1.30B | $745M | $480M | $306M | $33M | |
| Capital Leases | · | $91M | $108M | $109M | $273M | $406M | $509M | · | · | · | · | · | |
| Other Non-current Liabilities | · | · | $433.0K | $750.0K | $5M | $5M | $5M | $6M | $4M | $7M | $9M | $2M | |
| Total Liabilities | $4M | $1.90B | $2.52B | $2.84B | $3.23B | $3.10B | $2.92B | $1.31B | $749M | $487M | $315M | $35M | |
| Total Debt | · | · | · | · | $30M | · | · | · | · | · | · | · | |
| Common Stock | · | · | · | · | · | · | · | · | · | · | · | $52.4K | |
| Paid-in Capital | · | $1.64B | $1.36B | $1.36B | $1.35B | $1.32B | $1.28B | $1.22B | $1.09B | $995M | $907M | $136M | |
| Retained Earnings | $-1.30B | $-3.01B | $-2.43B | $-2.44B | $-2.52B | $-2.05B | $-1.28B | $-243M | $390M | $638M | $450M | $45M | |
| Treasury Stock | $487M | $487M | · | · | · | $185M | · | $457M | $255M | $94M | $49M | · | |
| AOCI | $55M | $54M | $48M | $50M | $49M | $49M | $51M | $50M | $39M | $58M | $30M | $2M | |
| Stockholders' Equity | $103M | $-1.80B | $-1.50B | $-1.50B | $-1.58B | $-1.13B | $-403M | $572M | $1.27B | $1.41B | $1.17B | $1.12B | |
| Liabilities + Equity | $107M | $101M | $1.02B | $1.34B | $1.64B | $1.96B | $2.51B | $1.88B | $2.02B | $2.09B | $1.65B | $218M | |
| Shares Outstanding | · | · | · | · | · | · | · | · | · | · | · | 52,445,782 |
现金流
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $4M | $41M | $47M | $68M | $72M | $177M | $195M | $159M | $101M | $74M | $55M | $43M | |
| Stock-based Comp | · | $1M | $3M | $11M | $14M | $36M | $59M | $124M | $77M | $68M | $33M | $25M | |
| Deferred Tax | · | · | · | $-18M | $116M | $-42M | $-46M | $-47M | $-1M | $-2M | $-22M | $-4M | |
| Amort. of Intangibles | $4M | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-cash | · | $395M | $-169M | $-224M | $239M | $491M | $799M | $519M | $-56M | $160M | $16M | $-6M | |
| Operating Cash Flow | $-188M | $-121M | $-119M | $-28M | $9M | $-109M | $-32M | $163M | $302M | $496M | $348M | $175M | |
| CapEx | $76M | · | · | · | · | · | · | · | $177M | $382M | $100M | $48M | |
| Investing Cash Flow | $-76M | $-91M | $72M | $-23M | $34M | $-657.0K | $-51M | $-92M | $-237M | $-128M | $-72M | · | |
| Stock Repurchased | · | $7M | $2M | $17M | · | · | $5M | $197M | $143M | $44M | $49M | · | |
| Net Stock Activity | · | $-7M | $-2M | $-17M | · | · | $-5M | $-197M | $-143M | $-44M | $-8M | · | |
| Dividends Paid | · | · | · | · | · | · | · | $43M | $63M | $54M | · | · | |
| Financing Cash Flow | $140M | $11M | $-36M | $-2M | $23M | $-68M | $74M | $-223M | $-184M | $-78M | $-27M | · | |
| Net Change in Cash | $-33M | $-202M | $-84M | $-50M | $65M | $-179M | $-8M | $-141M | $-124M | $297M | $36M | $17M | |
| Taxes Paid | · | · | · | · | · | · | · | · | · | · | $360.7K | $567.4K | |
| Free Cash Flow | $-264M | · | · | · | · | · | · | · | $111M | $142M | $40M | $21M |
盈利能力
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.0% | 36.2% | 45.4% | 57.2% | 49.7% | 43.8% | 42.8% | · | 69.6% | 71.6% | 71.7% | 71.3% | |
| Operating Margin | -3848.0% | -43.2% | 0.98% | 3.8% | -15.5% | -42.5% | -53.5% | · | 8.6% | 14.5% | 13.4% | 14.1% | |
| Net Margin | 165435.0% | -50.1% | 0.75% | 3.5% | -19.9% | -40.6% | -50.6% | · | 9.4% | 15.3% | 15.2% | 17.7% | |
| Pretax Margin | -3853.0% | -43.0% | 1.0% | 4.3% | -15.2% | -42.5% | -52.7% | · | 10.7% | 16.5% | 15.5% | 19.9% | |
| EBITDA Margin | -3848.0% | -39.7% | 4.4% | 7.6% | -10.2% | -33.1% | -44.0% | · | 13.7% | 19.2% | 18.1% | 19.3% | |
| ROA | 1659.3% | -105.0% | 0.88% | 5.7% | -26.4% | -34.5% | -47.3% | -30.4% | 8.5% | 12.9% | 12.2% | 16.5% | |
| ROE | -202.2% | 35.6% | -0.69% | -5.5% | 35.0% | 100.0% | -1232.5% | -64.3% | 12.0% | 17.5% | 4.3% | -21.4% | |
| ROIC | · | 29.8% | -1.4% | -5.0% | 31.2% | 67.7% | 262.0% | -103.2% | 9.0% | 13.3% | 12.0% | 9.6% |
流动性与偿付能力
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 14.4 | 0.0 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.7 | 2.4 | 3.0 | 4.3 | 5.5 | |
| Quick Ratio | 14.4 | 0.0 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.0 | 1.4 | 1.9 | 2.2 | 2.0 | |
| Debt / Equity | · | · | · | · | -0.0 | · | · | · | · | · | · | · |
效率
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 2.1 | 1.2 | 1.7 | 1.3 | 0.8 | 0.9 | · | 0.9 | 0.8 | 0.8 | 0.9 | |
| Inventory Turnover | · | 75.3 | 90.8 | 161.8 | 228.9 | 214.4 | 330.7 | · | · | · | · | · | |
| Receivables Turnover | · | · | · | 42.1 | 58.7 | 59.1 | 57.5 | · | 12.6 | 12.9 | 8.3 | 7.1 |
每股
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | · | · | · | · | · | · | · | · | · | · | $3.49 | |
| Revenue / Share | $0.01 | $23.40 | $24.85 | $42.75 | · | $34.93 | $38.42 | · | $33.12 | $26.77 | $3.22 | $2.85 | |
| Cash Flow / Share | $-0.97 | $-2.43 | $-2.15 | $-0.48 | · | $-2.00 | $-0.59 | $2.97 | $4.84 | $8.88 | $0.95 | $0.60 | |
| Cash / Share | · | · | · | · | · | · | · | · | · | · | · | $0.81 | |
| EPS (TTM) | · | · | · | $7.23 | $-42.17 | $-70.54 | $-19.41 | $-10.74 | $0.00 | $3.83 | $3.04 | $2.69 |
估值 (TTM)
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1M | · | · | $1.40B | $1.24B | $1.90B | $2.05B | $2.09B | $1.75B | $1.52B | $1.18B | $837M | |
| Net Income TTM | $1.72B | $-587M | $10M | $85M | $-476M | $-771M | $-1.04B | $-592M | $-147.0K | $226M | $179M | $152M | |
| Market Cap | · | · | · | · | · | · | · | · | · | · | · | $2.91B | |
| P/E | · | · | · | 0.6 | -0.0 | -0.2 | -0.5 | -2.9 | · | 19.6 | 17.2 | 20.6 | |
| P/S | · | · | · | · | · | · | · | · | · | · | · | 3.5 | |
| P/B | · | · | · | · | · | · | · | · | · | · | · | 15.9 | |
| P / Cash Flow | · | · | · | · | · | · | · | · | · | · | · | 102.3 | |
| P / FCF | · | · | · | · | · | · | · | · | · | · | · | 141.4 | |
| Earnings Yield | · | · | · | 154.8% | -2291.9% | -464.1% | -198.1% | -34.1% | 0.00% | 5.1% | 5.8% | 4.9% | |
| Payout Ratio | · | · | · | · | · | · | · | -7.2% | 34.1% | 22.3% | · | · | |
| Annual Payout | · | · | · | · | · | · | · | $43M | $63M | $54M | · | · |
VSA 无季度申报文件
我们尚未获取此代码的 SEC 申报文件。
最近期在左侧 · 空值显示为 ·
财务报表 损益表、资产负债表、现金流量表 — 年度，近5年
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 收入 | $1M | · | · | $1.40B | $1.24B |
| 毛利率 % | 22.0% | 36.2% | 45.4% | 57.2% | 49.7% |
| 营业利润率 % | -3848.0% | -43.2% | 0.98% | 3.8% | -15.5% |
| 净收入 | $1.72B | $-587M | $10M | $85M | $-476M |
| 稀释后每股收益 (EPS) | · | · | · | $7.23 | $-42.17 |
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 负债/股东权益比率 | · | · | · | · | -0.0 |
| 流动比率 | 14.4 | 0.0 | 0.2 | 0.3 | 0.2 |
| 速动比率 | 14.4 | 0.0 | 0.1 | 0.2 | 0.2 |
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 自由现金流 | $-264M | · | · | · | · |
机构持有人 (13F)
机构活动 — Q1 2026 与上一季度对比
| 新仓位 | 已退出持仓 | 增加 | 减少 | 净股数变动 |
|---|---|---|---|---|
| 2 | 3 | 1 | 1 | · |
与Q4 2025对比。 SEC 13F表格的提交截止日期是季度末后45天，外加少量延迟提交的缓冲期——在此窗口期内的季度将被跳过，优先显示最近一个已完整报告的季度对。 与上一季度变动未显示：在此两个季度之间，申报方覆盖范围差异过大，无法进行可靠的比较。
激进投资者及 5%+ 股东 3 持仓
提交了 SEC Schedule 13D 的投资者 — 持有超过 5% 的受益所有权，意图影响发行人（激进股东持股、董事会活动、并购）。每一行显示该申报人持仓的最新已知状态。
| 申报人 | 已申报 | 持股 | 状态 | 目的 | 申报 |
|---|---|---|---|---|---|
| Shaoyun Han, Lijuan Han, Ying Sun ×13 申报 | 2024年7月31日 | · | 初始申报 | · | SEC |
| Talent Fortune Investment Limited, Talent Fortune Holdings Limited, KKR China Growth Fund L.P., KKR Associates China Growth L.P, KKR China Growth Limited, KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc., KKR & Co. Inc., KKR Management LLP, Henry R. Kravis, George R. Roberts ×6 申报 | 2024年2月26日 | · | 初始申报 | · | SEC |
| Ying Sun | 2017年9月15日 | · | 初始申报 | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
VSA 分析师共识 看涨和看跌分析师观点、12个月价格目标、上涨空间
评级 · 5 位分析师
买入
1 20.0%
强烈买入
3 60.0%
买入
1 20.0%
持有
0 0.0%
卖出
0 0.0%
强烈卖出
同行比较（GICS 子行业） 关键指标与行业同行对比
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来源：SEC 20-F 于 五月 11, 2026 申报