VisionSys AI (VSA) shares fall 17.81% after-hours amid prolonged revenue decline and pessimism over growth prospects.

VisionSys AI Inc. (NASDAQ:VSA) fell 17.81% in after-hours trading amid concerns over its deteriorating financial performance. The stock’s sharp decline aligns with a Bloomberg article highlighting a 91% drop in its share price over the past month and a 66% annual decline, driven by a 52% year-over-year revenue contraction and a 74% three-year revenue slide. The company’s price-to-sales ratio of 0.2x, significantly below the industry average of 1.3x, reflects investor skepticism about its ability to reverse declining revenue trends. Analysts note the industry’s projected 9.9% growth next year further underscores VisionSys AI’s underperformance, reinforcing bearish sentiment. The second news event, referencing a pre-market surge in a different ticker (VSN), is unrelated to VSA’s after-hours decline.