# VisionSys AI Inc: Form 20-F for the period ended Dec 31, 2023

- Company: [VisionSys AI Inc](/companies/vsa.md) (CIK 1592560)
- Form: 20-F
- Filed: 2024-04-19
- Accepted by EDGAR: Apr 19, 2024, 16:02 ET
- Period: 2023-12-31
- Accession: 0001104659-24-049422
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1592560/000110465924049422/tctm-20231231x20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1592560/000110465924049422/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $193.7m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $105.8m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2023-01-01 to 2023-12-31 | $87.9m | us-gaap:GrossProfit |
| Research and development | 12 months, 2023-01-01 to 2023-12-31 | $1.6m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | $1.9m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | −$1.1m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | $1.5m | us-gaap:ProfitLoss |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 55,334,574 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | −$16.8m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Share repurchases | 12 months, 2023-01-01 to 2023-12-31 | $342.0k | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2023-12-31 | $39.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $79.0m | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $143.4m | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $339.6m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2023-12-31 | $354.9m | us-gaap:Liabilities |
| Shareholders' equity | at 2023-12-31 | −$211.0m | us-gaap:StockholdersEquity |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1592560/000110465924049422/tctm-20231231x20f.htm

Filed Apr 19, 2024.
Source: SEC EDGAR, the filing index for accession 0001104659-24-049422. Last ingested by Listed: Nov 6, 2026, 11:08 ET. No prices; not investment advice.