Aesthetic Medical International Holdings Group Ltd (PAIYY)
Aesthetic Medical International Holdings Group Ltd. engages in the provision of aesthetic medical services. It offers surgical and non-surgical treatments, cosmetic dentistry, and general healthcare services. The firm's treatments include eye surgery, rhinoplasty, breast augmentation, liposuction, laser, ultrasound, and ultraviolet light treatments. The company was founded by Zhou Peng Wu and Ding Wen Ting in 1997 and is headquartered in Shenzhen, China.
Sector: Services-Specialty Outpatient Facilities, NEC
Industry: Medical - Care Facilities
Aesthetic Medical International Holdings Group Limited
OTC:PAIYYHealthcare · Medical - Equipment & Services
Mkt Cap-
Float16.09M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$105.45M
Net Income-$7.78M
Total Assets$76.67M
Free Cash Flow-$3.45M
Debt & Equity
Debt 108%
Total Debt$42.11M
Total Equity-$3.09M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PAIYY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$76.67M
Liabilities$83.15M
Accounts Receivable$1.21M
Accounts Payable$5.21M
Inventory$2.82M
PP&E (Net)$41.94M
Goodwill$4.39M
Intangible Assets$346K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $105.45M | $113.33M | $102.37M | $100.49M | $96.82M | $135.21M |
| YoY Growth | -6.9% | 10.7% | 1.9% | 3.8% | -28.4% | - |
| Cost of Revenue | $56.69M | $62.67M | $54.07M | $47.17M | $56.4M | $53.51M |
| Gross Profit | $48.76M | $50.66M | $48.3M | $53.33M | $40.42M | $81.7M |
| Gross Margin | 46.2% | 44.7% | 47.2% | 53.1% | 41.7% | 60.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $48M | $51.26M | $55.62M | $56.52M | $91.73M | $111.16M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $48M | $51.26M | $55.62M | $56.52M | $91.73M | $111.16M |
| Operating Income (EBIT) | $764K | -$606K | -$7.32M | -$3.19M | -$51.31M | -$29.47M |
| Operating Margin | 0.7% | -0.5% | -7.2% | -3.2% | -53.0% | -21.8% |
| Interest Expense | $1.28M | $1.31M | $2.17M | $3.24M | $4.08M | $4.38M |
| Interest Income | $20K | $61K | $12K | $23K | $17K | $178K |
| Other Income (Expense) | -$4.37M | $404K | -$937K | -$10.93M | -$50.86M | -$9.45M |
| Income Before Tax (EBT) | -$3.61M | -$202K | -$8.26M | -$14.12M | -$102.17M | -$38.92M |
| Income Tax Expense | $4.28M | $3.56M | -$2.27M | -$2.71M | -$1.77M | -$1.89M |
| Net Income | -$7.78M | -$2.99M | -$5.61M | -$11.43M | -$87.97M | -$35.31M |
| Net Income Margin | -7.4% | -2.6% | -5.5% | -11.4% | -90.9% | -26.1% |
| Supplementary Data | ||||||
| EPS | -3.36 | -1.26 | -2.55 | -8.37 | -80.04 | -32.49 |
| Diluted EPS | -3.36 | -1.26 | -2.55 | -8.37 | -80.04 | -32.49 |
| Weighted Average OS | 15.94M | 15.94M | 14.63M | 9.10M | 7.33M | 7.25M |
| EBITDA | $9.35M | $11M | $3.8M | -$1.66M | -$83.22M | -$18.58M |
| EBITDA Margin | 8.9% | 9.7% | 3.7% | -1.6% | -86.0% | -13.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $9.81M | $6.42M | $9.35M | $1.82M | $5.89M | $6.66M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $9.81M | $6.42M | $9.35M | $1.82M | $5.89M | $6.66M |
| Accounts Receivable | $1.21M | $1.72M | $1.94M | $1.58M | $2.06M | $3.15M |
| Inventory | $2.82M | $2.24M | $2.34M | $4.18M | $4.58M | $5M |
| Other Current Assets | $6.33M | $152K | $458K | $394K | $746K | $1.31M |
| Total Current Assets | $20.17M | $13.21M | $16.73M | $11.64M | $17.05M | $30.92M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $41.94M | $39.93M | $45.62M | $48.11M | $53.8M | $79.77M |
| Goodwill | $4.39M | $4.95M | $4.95M | $4.95M | $4.98M | $24.22M |
| Intangible Assets | $346K | $538K | $582K | $641K | $609K | $7.03M |
| Long-Term Investments | $5.26M | $0 | $0 | $174K | $735K | $1.25M |
| Deferred Tax Assets | $3.5M | $8.03M | $11.54M | $9.17M | $6.86M | $4.7M |
| Other Long-Term Assets | $1.06M | $6.26M | $4.66M | $7.25M | $2.49M | $7.78M |
| Total Long-Term Assets | $56.5M | $59.71M | $67.35M | $70.3M | $69.47M | $124.76M |
| Other Assets | $1 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $76.67M | $72.92M | $84.08M | $81.94M | $86.52M | $155.68M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $5.21M | $7.25M | $6.36M | $7.01M | $4.69M | $5.05M |
| Short-Term Debt | $23.26M | $10.83M | $14.01M | $35.59M | $23.43M | $20.37M |
| Current Income Tax Payable | $0 | $1.98M | $2.54M | $2.57M | $1.68M | $3.21M |
| Current Unearned Revenue | $27.92M | $29.08M | $28.95M | $25.45M | $35.46M | $1.3M |
| Other Current Liabilities | $3.74M | $2.76M | $2.48M | $2.25M | $3.97M | $3.2M |
| Total Current Liabilities | $64.31M | $60.29M | $61.69M | $81.56M | $81.23M | $45.24M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $2.28M | $2.06M | $4.71M | $4.37M | $17.35M | $16.51M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $1K | $0 | $43K | $2.01M |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $1.23M |
| Total Long-Term Liabilities | $18.84M | $11.22M | $17.34M | $19.26M | $33.25M | $46.59M |
| Other Liabilities | $1 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $83.15M | $71.52M | $79.04M | $100.82M | $114.48M | $91.83M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $150K | $150K | $147K | $94K | $70K | $70K |
| Retained Earnings | -$189.3M | -$179.68M | -$176.69M | -$171.08M | -$159.64M | -$71.67M |
| Comprehensive Income & Other | $186.37M | $184.4M | $184.18M | $154.24M | $136.38M | $130.52M |
| Other Stockholders' Equity | $186.06M | $184.1M | $183.88M | $153.94M | $136.08M | $130.22M |
| Total Equity | -$3.09M | $4.57M | $7.33M | -$17.04M | -$23.49M | $58.62M |
| Minority Interest | -$3.4M | -$3.17M | -$2.29M | -$1.83M | -$4.46M | $5.22M |
| Total Liabilities and Equity | $80.06M | $76.08M | $86.37M | $83.77M | $90.98M | $150.45M |
| Supplementary Data | ||||||
| Total Debt | $42.11M | $26.89M | $36.67M | $58.95M | $60.87M | $69.1M |
| Net Debt | $32.3M | $20.47M | $27.33M | $57.13M | $54.98M | $62.45M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | -$7.78M | -$202K | -$8.26M | -$14.12M | -$102.17M | -$38.92M |
| Depreciation & Amortization | $8.59M | $9.89M | $9.88M | $9.22M | $14.87M | $15.96M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $1.13M | $4.13M | $5.32M | $11.84M |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$2.84M | -$20K | -$132K | $453K | $5.69M | $403K |
| Inventory | -$580K | $101K | $1.84M | -$44K | -$120K | -$1.35M |
| Accounts Payable | -$1.78M | $895K | $4.2M | $2.46M | $681K | $2.39M |
| Other Working Capital | -$2.94M | $737K | $2.11M | -$25.67M | $26.41M | $307K |
| Total Working Capital Change | -$8.14M | $1.71M | $8.02M | -$22.8M | $32.67M | $1.76M |
| Other Non-Cash Items | $4.89M | $544K | $371K | $12.31M | $56.98M | $9.23M |
| Net Cash from Operating | -$2.44M | $11.95M | $11.14M | -$11.27M | $7.66M | -$126K |
| Investing Activities | ||||||
| Capital Expenditures | -$1.02M | -$4.59M | -$8.28M | -$239K | -$4.98M | -$5.75M |
| Acquisitions | $957K | -$150 | $129K | $1.33M | -$1.29M | -$7.49M |
| Purchases of Investments | -$5.79M | $0 | $0 | $0 | $0 | -$3.19M |
| Sales of Investments | $5.79M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $1 | $42K | $321K | -$624K | $4.55M | -$2.66M |
| Net Cash from Investing | -$61K | -$4.55M | -$7.84M | $467K | -$1.73M | -$19.1M |
| Financing Activities | ||||||
| Debt Repaid | - | $8.86M | $19.53M | $5.06M | $4.69M | -$4.67M |
| Common Stock Issuance | $0 | $0 | $25.49M | $14.12M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$297K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$5.78M | -$1.42M | -$1.6M | -$2.23M | -$2.09M | -$1.72M |
| Net Cash from Financing | $5.64M | -$10.28M | $4.36M | $6.83M | -$6.78M | $2.65M |
| Forex Effect | $370K | -$45K | -$139K | -$100K | $86K | $61K |
| Net Change in Cash | $3.51M | -$2.92M | $7.52M | -$4.07M | -$764K | -$16.51M |
| Supplementary Data | ||||||
| Operating Cash Flow | -$2.44M | $11.95M | $11.14M | -$11.27M | $7.66M | -$126K |
| Capital Expenditure | -$1.01M | -$4.62M | -$8.32M | -$252K | -$5.02M | -$6.77M |
| Free Cash Flow | -$3.45M | $7.33M | $2.82M | -$11.52M | $2.65M | -$6.9M |
| Cash at Beginning | $6.3M | $9.35M | $1.82M | $5.89M | $6.66M | $23.17M |
| Cash at End | $9.81M | $6.42M | $9.35M | $1.82M | $5.89M | $6.66M |