Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) — Capital Reinvestment Ratio

Latest as of December 2025: 4.17x

Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has a Capital Reinvestment Ratio of 4.17x as of December 2025, meaning it reinvests 4% of its operating cash flow (CN¥706.08 Million) in capital expenditures (CN¥2.95 Billion). See Shanghai V-Test Semiconductor Tech Co. L (688372) balance sheet quality index to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

4.17x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥706.08 Million
CNY

Capital Expenditures

CN¥2.95 Billion
CNY

Data as of

Dec 2025
Most recent filing

Shanghai V-Test Semiconductor Tech Co. Ltd. A Capital Reinvestment Ratio (2020–2025)

This chart tracks Shanghai V-Test Semiconductor Tech Co. Ltd. A's Capital Reinvestment Ratio across 6 annual periods. Check 688372 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)

Year-by-year Capital Reinvestment Ratio for Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2025. For live market cap and broader valuation context, see market value of Shanghai V-Test Semiconductor Tech Co. L.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 4.17x CN¥706.08 Million CN¥2.95 Billion ▲ +75.0%
2024 2.38x CN¥621.81 Million CN¥1.48 Billion ▼ -9.7%
2023 2.64x CN¥462.55 Million CN¥1.22 Billion ▲ +64.5%
2022 1.61x CN¥499.74 Million CN¥802.42 Million ▼ -39.9%
2021 2.67x CN¥252.32 Million CN¥673.95 Million ▲ +38.8%
2020 1.92x CN¥75.45 Million CN¥145.19 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow