diff --git a/jest.js b/jest.js
deleted file mode 100644
index 30cd041..0000000
--- a/jest.js
+++ /dev/null
@@ -1,10 +0,0 @@
-/* eslint-disable @typescript-eslint/no-var-requires */
-const { transform } = require('./dist/index')
-
-module.exports = {
-  process(source, filename, ...args) {
-    const transformed = transform(source, filename)
-    const code = transformed ? transformed.code : source
-    return require('vue-jest').process.call(this, code, filename, ...args)
-  },
-}
diff --git a/package.json b/package.json
index 713fa49..b89d1fe 100644
--- a/package.json
+++ b/package.json
@@ -49,12 +49,12 @@
   "types": "index.d.ts",
   "files": [
     "dist",
-    "jest.js",
+    "jest-transform.js",
     "*.d.ts"
   ],
   "scripts": {
-    "build": "rimraf dist && tsup 'src/*.ts' --format cjs,esm --dts && esno scripts/postbuild.ts",
-    "dev": "tsup 'src/*.ts' --watch src",
+    "build": "rimraf dist && tsup \"src/*.ts\" --format cjs,esm --dts && esno scripts/postbuild.ts",
+    "dev": "tsup \"src/*.ts\" --watch src",
     "lint": "eslint \"{src,test}/**/*.ts\"",
     "lint:fix": "nr lint -- --fix",
     "play": "npm -C playground run dev",
diff --git a/playground/App.vue b/playground/App.vue
index 7bf41ac..7ab2f32 100644
--- a/playground/App.vue
+++ b/playground/App.vue
@@ -1,12 +1,18 @@
 <template>
   <div>
     <hello-world name="Vue 2" @update="onUpdate" />
+
+    <async-component />
   </div>
 </template>
 
 <script setup lang="ts">
+import { defineAsyncComponent } from '@vue/composition-api'
+
 import HelloWorld from './HelloWorld.vue'
 
+const AsyncComponent = defineAsyncComponent(() => import('./Async.vue'))
+
 function onUpdate(e: any) {
   // eslint-disable-next-line no-console
   console.log(e)
diff --git a/playground/Async.vue b/playground/Async.vue
new file mode 100644
index 0000000..8af993c
--- /dev/null
+++ b/playground/Async.vue
@@ -0,0 +1,3 @@
+<template>
+  <div>Async Component</div>
+</template>
diff --git a/src/core/transformScriptSetup.ts b/src/core/transformScriptSetup.ts
index 9f3defb..5cfa203 100644
--- a/src/core/transformScriptSetup.ts
+++ b/src/core/transformScriptSetup.ts
@@ -7,6 +7,17 @@ import { ParsedSFC, ScriptSetupTransformOptions } from '../types'
 import { applyMacros } from './macros'
 import { getIdentifierDeclarations } from './identifiers'
 
+function isAsyncImport(node: any) {
+  if (node.type === 'VariableDeclaration') {
+    const declaration = node.declarations[0]
+
+    return declaration.init.callee != null
+      && declaration.init.callee.name === 'defineAsyncComponent'
+  }
+
+  return false
+}
+
 export function transformScriptSetup(sfc: ParsedSFC, options?: ScriptSetupTransformOptions) {
   const { scriptSetup, script, template } = sfc
 
@@ -14,7 +25,9 @@ export function transformScriptSetup(sfc: ParsedSFC, options?: ScriptSetupTransf
 
   const [hoisted, setupBody] = partition(
     body,
-    n => n.type === 'ImportDeclaration'
+    n =>
+      isAsyncImport(n)
+     || n.type === 'ImportDeclaration'
      || n.type === 'ExportNamedDeclaration'
      || n.type.startsWith('TS'),
   )
diff --git a/test/__snapshots__/transform.test.ts.snap b/test/__snapshots__/transform.test.ts.snap
index 1f15de9..3982ee5 100644
--- a/test/__snapshots__/transform.test.ts.snap
+++ b/test/__snapshots__/transform.test.ts.snap
@@ -4,11 +4,15 @@ exports[`transform fixtures playground/App.vue 1`] = `
 "<template>
   <div>
     <hello-world name=\\"Vue 2\\" @update=\\"onUpdate\\" />
+
+    <async-component />
   </div>
 </template>
 
 <script lang=\\"ts\\">
+import { defineAsyncComponent } from '@vue/composition-api';
 import HelloWorld from './HelloWorld.vue';
+const AsyncComponent = defineAsyncComponent(() => import('./Async.vue'));
 const __sfc_main = {};
 
 __sfc_main.setup = (__props, __ctx) => {
@@ -23,13 +27,21 @@ __sfc_main.setup = (__props, __ctx) => {
 };
 
 __sfc_main.components = Object.assign({
-  HelloWorld
+  HelloWorld,
+  AsyncComponent
 }, __sfc_main.components);
 export default __sfc_main;
 </script>
 "
 `;
 
+exports[`transform fixtures playground/Async.vue 1`] = `
+"<template>
+  <div>Async Component</div>
+</template>
+"
+`;
+
 exports[`transform fixtures playground/Bar.vue 1`] = `
 "<template>
   <div>Bar</div>
@@ -146,6 +158,28 @@ export default defineConfig({
 "
 `;
 
+exports[`transform fixtures test/fixtures/AsyncImport.vue 1`] = `
+"<script lang=\\"ts\\">
+import { defineAsyncComponent } from '@vue/composition-api';
+const ScriptOnly = defineAsyncComponent(() => import('./ScriptOnly.vue'));
+const __sfc_main = {};
+
+__sfc_main.setup = (__props, __ctx) => {
+  return {};
+};
+
+__sfc_main.components = Object.assign({
+  ScriptOnly
+}, __sfc_main.components);
+export default __sfc_main;
+</script>
+
+<template>
+  <ScriptOnly />
+</template>
+"
+`;
+
 exports[`transform fixtures test/fixtures/DynamicStyle.vue 1`] = `
 "<template>
   <div :style=\\"{ color, border: '1px' }\\" />
diff --git a/test/fixtures/AsyncImport.vue b/test/fixtures/AsyncImport.vue
new file mode 100644
index 0000000..a72a6fc
--- /dev/null
+++ b/test/fixtures/AsyncImport.vue
@@ -0,0 +1,8 @@
+<script setup lang="ts">
+import { defineAsyncComponent } from '@vue/composition-api'
+const ScriptOnly = defineAsyncComponent(() => import('./ScriptOnly.vue'))
+</script>
+
+<template>
+  <ScriptOnly />
+</template>